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“# ‘Top around $390K’ — New chart shows this Bitcoin bull run is only beginning ” Bitcoin (BTC) could reach almost $400,000 this bull cycle simply by copying previous behavior, one popular analyst has said. In a tweet on Feb. 4, Yassine Elmandjra, cryptoasset analyst at asset manager ARK, revealed just how early on in…
“# Bitcoin will likely reach $60K in 2021, says Investing.com analyst ” Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com. Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will likely reach a $60,000 level in the first…
“# Guggenheim CIO expects Bitcoin to drop to $20,000 ” A senior executive at financial services firm Guggenheim Partners — which is planning to seek investment exposure to Bitcoin (BTC) — has argued that BTC is poised to drop to $20,000. Scott Minerd, Guggenheim’s chief investment officer, believes that Bitcoin will not hit another all-time…
“# More institutions will warm up to crypto once market cap hits $2T: eToro ” A new report from advisory firm Aite Group, that was commissioned by exchange platform eToro, reveals there are still barriers hindering institutional adoption of crypto. Based on interviews with 25 institutional market participants, the report states the crypto market could…
“# Ether could be heading for $10.5K, says Fundstrat strategist ” After hitting a new all-time high, the Ether (ETH) price could potentially head to $10,500, according to a strategist at major market research company Fundstrat Global Advisors. Fundstrat’s strategist David Grider commented on ETH hitting new historical records of about $1,430 in an investor…
“# Bitcoin bubble will pop sooner or later, says famous Russian BTC critic ” Anatoly Aksakov, a member of the Russian State Duma, has reiterated his negative stance on Bitcoin (BTC) shortly after the cryptocurrency briefly retouched $40,000 on Jan. 14. In an interview with local news agency TASS, Aksakov argued that Bitcoin is not backed…
“# Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021 ” Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021. Bitcoin is poised to hit as much as $115,000 by August 2021, surging 200% in the next eight months, Morehead reportedly said at…
“# 5 stories that suggest crypto is moving into ludicrous territory ” The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto…
“# Binance US CEO predicts $100K Bitcoin by 2022 ” Catherine Coley, CEO of major crypto exchange Binance’s U.S. arm, sees the current Bitcoin bull run as a sign the crypto asset could reach a price up to $100,000. Speaking to news outlet KLTA yesterday, Coley said the recent rally in the price of Bitcoin…
“# Enterprise blockchain trends that will drive adoption in 2021 ” The year 2020 has been monumental for the blockchain sector, especially in regards to financial markets. Yet, while the price of Bitcoin (BTC) reached new all-time highs this year, the enterprise blockchain space also welcomed in public networks, open-source code and a number of…