Category: Bitcoin

The idea of market cycles is widely accepted in finance. The most basic principle is that what goes up must come down. The underlying rationale is that investors will accumulate when prices are low, causing prices to rise. As the price reaches a peak, sell pressure will take over as holders seek to cash out,

Blockchain investment firm Pantera Capital says Bitcoin looks like it will break the $100,000 level sooner than they originally forecasted. In a new letter to investors, CEO and co-chief investment officer Dan Morehead notes that when BTC plummeted in March of 2020, he assured investors that it would set a new record within 12 months

Bitcoin (BTC) has plenty of room to grow in its current bull run and “will not stop” at $100,000, according to analysts including PlanB. In various posts on social media on March 17, the stock-to-flow Bitcoin price model creator joined others in predicting huge new all-time highs for BTC/USD. PlanB taps S2FX model’s $288,000 average

Sam Englebardt has produced zombie films, created Gold Class cinemas in Australia and hobnobbed with crypto pioneers in the early days. Now he’s investing half a billion dollars into the creation of the metaverse. Galaxy Interactive managing partner Sam Englebardt first met billionaire and former hedge fund manager Mike Novogratz during a whirlwind, celebrity-studded trip

The United Kingdom Advertising Standards Authority has upheld a complaint lodged against cryptocurrency exchange Coinfloor for its publication of a Bitcoin (BTC) advert in the regional press. The advert, published in the Northamptonshire Telegraph on Dec. 3, 2020, was deemed to have targeted retirees, according to the complainant, who claimed the ad was misleading and

The European Securities and Markets Authority — the European Union’s independent financial authority — has warned about the high risk of cryptocurrency investment. In its latest “Trends, Risks and Vulnerabilities” report published Wednesday, the ESMA analyzed the impact of COVID-19 on financial markets, highlighting the increased risks linked with investment in “non-regulated crypto-assets.” The authority

Switzerland’s Financial Market Supervisory Authority — the country’s principal financial regulator — has denied Bitcoin Suisse’s application for a banking license.  According to an official announcement on March 17, Bitcoin Suisse’s current application is ineligible for approval on the grounds that “various elements that are relevant under licensing law make it unlikely that a license

Diginex chief executive Richard Byworth is revealing his expectations on the impact of corporate adoption on Bitcoin’s price and supply. In an interview with Bloomberg Markets and Finance, the head of the blockchain solutions firm says he expects Bitcoin to surge over 212% from its current price of $56,000. “We are modeling out about $175,000

Member states of the Eurasian Economic Union, or EAEU, have been struggling to come up with a shared stance regarding cryptocurrency regulations, according to an official. Iya Malkina, assistant chairman of the Eurasian Economic Commission Board, stated that EAEU member states did not support a recent initiative for a uniform cryptocurrency regulatory framework within the

Bitcoin (BTC) slid under $55,000 on March 17 as United States treasury yields built on a comeback, which took them to their highest in over a year. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price stays firmly rangebound Data from Cointelegraph Markets Pro and Tradingview showed further downward pressure for BTC/USD on Wednesday, compounding a comedown