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“# Here’s why one analyst says Bitcoin will outperform Ethereum in the short term ” In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term. So believes David Lifshitz, the chief investment officer at ExoAlpha, a Paris-based investment management service, who noted that Bitcoin’s upside potential…
“# Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears ” Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward its plan for 2 interest rate hikes in 2023. Bitcoin (BTC) price extended its losses shortly after…
“# Dip-buyers anticipate further downside after Bitcoin price falls to $38K ” The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss whether interest rates should be raised or kept near zero. While…
“# Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist ” Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency’s long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity…
“# 98% of CFOs say their hedge fund will invest in Bitcoin by 2026: Study ” Traditional hedge funds are willing to increase their exposure in Bitcoin and other cryptocurrency markets over the next five years, a new survey has found. Intertrust Global — an international trust and corporate management company — polled the chief…
“# Bitcoin price hits $41K, then rejects after sellers defend the 200-MA ” The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that the market could be shifting in favor of bulls. Data…
“# Traders look for Bitcoin price daily close at $41K to confirm bullish reversal ” Bitcoin started the week with a strong breakout to $40,900, but today bulls are trying to hold Bitcoin price above the $40,000 level. As the price broke from the $31,000 to $39,000 range on June 14, traders speculated that setting…
“# Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction ” Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency’s entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network’s testbed version, Kusama, this…
“# Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls ” Bitcoin (BTC) price saw a bullish turn of events on June 13 as the price broke out to $39,252 but many analysts are still on the fence when it comes to determining whether the digital asset is ready to continue its…
“# New report: El Salvador Bitcoin pump failed to attract smart money, for now ” Bitcoin (BTC) logged its best daily performance on Wednesday since Feb. 8, the day Tesla announced that it had added $1.5 billion worth of BTC to its balance sheet. The flagship cryptocurrency surged 11.98% to $37,573 after El Salvador President…