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“# Price analysis 12/18: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at…
“# Think Bitcoin will hit $100K? These traders will take that bet ” As of Thursday, Deribit users can bet on the flagship cryptocurrency reaching $100,000 via options contracts that expire on Sept. 24, 2021. The lofty strike price was established following a surge in daily trade volumes. In options trading, a strike price is…
“# Record $6.5B Bitcoin options open interest follows BTC all-time high ” The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $6.5 billion on Dec. 17. That figure represents a three-fold increase from 90 days ago and is proof that the market has grown significantly in the past 6-months. …
“# Predicting the next Bitcoin price top: Here’s what may come after $23K ” Bitcoin price surpassed $20,000 with ease on its third retest, buoyed by a surge in buy volume. Following the breakout, analysts anticipate the dominant cryptocurrency to eventually rise to the mid-$30,000s. However, in the short term, the expectations of a pullback…
“# What Bitcoin all-time high? These 3 charts prove new retail buyers aren’t here yet ” Bitcoin (BTC) has gained 30% in a week and topped out at $23,777 on Dec. 16 — but hardly anyone in the world knows yet, data suggests. According to charts tracking public awareness of what Bitcoin has done recently,…
“# Bitcoin price must hit $1 million for 1 satoshi to reach parity with 1 cent ” Bitcoin (BTC) may be circling all-time highs, but a new storm is brewing around its smallest subunit, the satoshi or “sat.” As more first-time investors pile in to BTC, attention is once again highlighting the fact that many…
“# Litecoin, Dogecoin and large-cap altcoins rally as Bitcoin price hits $23.8K ” Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem when…
“# Bitcoin rally is ‘just getting started’ says Mati Greenspan ” In a newsletter released today, the Quantum Economics founder said Bitcoin’s recent rally past $23,000 — a gain of roughly 29% in a week — didn’t necessarily mean the market was “overheating” and heading for a crash like the one in December 2017. “In…
“# Don’t think Bitcoin’s supply is finite? You probably don’t understand the tech ” Bitcoin’s (BTC) price rise has brought all sorts of comments out of the woodwork. Although many carry a bullish tint, some folks still doubt crypto as a new store of value class. David Rosenberg, the chief economist and strategist, as well…
“# DeVere CEO says Bitcoin will rise 50% and ‘possibly double’ in 2021 ” Bitcoin’s (BTC) parabolic rally is only just getting started, according to Nigel Green, founder and CEO of the Dubai-based financial advisory firm deVere Group. In an article that was published to Newsmax on Thursday, Green boldly proclaimed that Bitcoin will have…