Category: Bitcoin

With crypto trading reportedly reaching feverish proportions in South Korea, internet giant Kakao might be set for an upward share price advance. Quoting comments from analysts Mirae Asset Daewoo — a South Korean brokerage outfit — The Korea Herald has reported that the chat app operator stands to benefit from the ongoing enthusiasm in the

Wall Street veteran and crypto analyst Tone Vays says Bitcoin is setting the stage for a larger correction. In a new strategy session, Vays tells his 104,000 YouTube subscribers that he believes BTC is set to rally in the short term but may face a big sell-off after. The Wall Street trader says the momentum

Investment bank Mizuho Securities is reportedly saying that tens of billions of dollars may be used to buy Bitcoin as Americans receive a new batch of direct stimulus payments. In the coming days, Americans can expect a total of $380 billion in stimulus checks as part of U.S. President Joe Biden’s $1.9 trillion relief package.

The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension. However, historical analysis from Bitcoin monitoring team CaseBitcoin suggests the Bitcoin markets could accelerate further, noting that BTC’s “doubling time” — the time taken for price to increase by 100% — shrunk down

According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms. JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square. Retail investors are even out-buying institutions, with JPMorgan’s analysts estimating institutions have purchased 173,000

According to digital asset investment manager, CoinShares, institutional-grade crypto asset investment products inflows have already reached record levels so far in 2021. According to Coinshares’ March 15 Fund Flows Weekly report first quarter inflows into cryptocurrency funds are up 7.7% and already total $4.2 billion, smashing the quarterly record of $3.9 billion set in Q4

We are on the brink of Bitcoin’s mass adoption, says the CEO of Bitcoin investment firm NYDIG Robby Gutmann.  Gutmann, also the co-founder of $10B asset manager Stone Ridge, told the “On the Brink podcast” on Mar. 15 that we can expect to see announcements from some of the firm’s strategic partners that will drastically

Macro guru Raoul Pal says that investing in anything besides Bitcoin and the crypto markets is starting to look pointless. In a recent talk with Ash Bennington on Real Vision Finance, Pal highlights that Bitcoin is the only asset class that has witnessed a legitimate long-term rally when compared to the Fed’s balance sheet. “It

Morgan Creek Digital co-founder Jason Williams believes investors are about to flock into Bitcoin at the expense of gold. In an interview with Layah Heilpern, Williams says that he expects investors to desert gold while shorting it at the same time as capital moves out of the yellow metal and into Bitcoin. The executive of

The price of Bitcoin (BTC) is consolidating between $55,000 and $56,000 following the rejection at $61,000. Whale clusters suggest that one key level has to be defended to prevent a drop to the mid-$40,000 region.  According to the data from Whalemap, which tracks Bitcoin whale activity, $55,406 is a critical whale cluster support area. If