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” Bitcoin still on track to reach $100K by 2023, says Bitbull Capital CEO “ Bitbull Capital CEO, Joe DiPasquale, thinks Bitcoin (BTC) is still on track to reach $100K within the next 24 months despite the bearish sentiment dominating the crypto markets since the start of the year. “I think 2023 is a safe bet….
” Bitcoin stems losses after US bans Russian oil, gold heads to record highs “ Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC comes full circle, while gold steals…
” Stablecoins will have to reflect and evolve to live up to their name “ In the case of stablecoins, unfortunately, the name is so far a misnomer. The fact that stablecoins are pegged to a “real” asset does not equate to stability. Traditional underlying assets are not exempt from market fluctuations, and with the…
“# $45,000 Bitcoin looks cheap when compared to gold’s marketcap ” Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said…
“# Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec ” As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative for now, or until whale investors like MicroStrategy cash out. Ki Young…
“# Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’ ” Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts. In its latest market update on Feb. 24, trading platform Decentrader laid out the final…
“#Galaxy S22 Ultra Caviar editions let you choose how you want to burn your money” If the Galaxy S22 Ultra still feels too light for your wallet, then you can throw more money at these gold-plated luxury editions instead. Smartphones have become incredibly pricey these days, at least compared to figures from even just four…
“# Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar ” Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the rescue as Bitcoin wavers…
“# Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target ” A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against…
“# New gold-based stablecoin by trading giant Mitsui reportedly on the way ” Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail…