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“# Within five years, US hedge funds expect to hold 10.6% of assets in crypto ” A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector is planning a significant increase in its exposure to crypto assets in the near term. The survey, conducted by Intertrust, suggests that…
“# Bitcoin price bottom is in, says Fidelity exec as crypto market exits ‘extreme fear’ ” Bitcoin (BTC) has already hit its price bottom, one of the industry’s top executives believes as BTC price action stays above $40,000. In a tweet on June 14, Jurrien Timmer, director of global macro at U.S. multinational financial services corporation…
“# Bitcoin investors more bullish than ever despite 50% price crash: survey ” Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a host of altcoins. That’s according to the results of a…
“# Elon Musk the hero crypto deserves, but maybe not the one it wants, says exec ” Elon Musk’s ability to move cryptocurrency markets with his tweets represents a danger to the average investor, says CoinSwap founder Erik Nurm, but the furore created around the Tesla CEO’s social media activity could draw more eyes to…
“# A Bitcoin indicator with a ‘perfect’ history just told you to buy the dip ” MicroStrategy may be as smart as ever “buying the dip” in Bitcoin (BTC) as an indicator with a “perfect” history tells traders to buy. In a tweet on June 15, popular analyst Cole Garner flagged bullish signals for the…
“# Bitcoin derivatives data shows pro traders ignored today’s $41K pump ” Sometimes all Bitcoin (BTC) needs to pump 10% is a positive remark from someone like Elon Musk. The Tesla CEO has been pointed to as the culprit for the recent downturn after the company’s May 12 announcement explaining that it would no longer…
“# Price analysis 6/14: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH ” Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week. The first bit of bullish news that impacted the price of Bitcoin was a tweet from Tesla CEO Elon…
“# ‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long ” All eyes are on Bitcoin (BTC), as the largest cryptocurrency shot up past $40,000 on June 14. Unsurprisingly, the price increase happened shortly after Tesla CEO Elon Musk tweeted that the electric-car company would potentially accept BTC payments once…
“# Here’s how pros safely trade Bitcoin while it range trades near $40K ” Investors tend to define the market as either bullish or bearish, but sometimes the price can remain within a specific range for an extended period. This type of sideways movement is not necessarily stable because cryptocurrency markets have high volatility that…
“# Bitcoin price hits $40K as Paul Tudor Jones slams Fed inflation claims ” Bitcoin (BTC) passed $40,000 on June 14 as a consolidation period snapped to unleash a solid breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price breaks out past $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in…