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Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500 | NewsBTC

It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020.The major northward…

Continue Reading... Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500 | NewsBTC
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Goldman’s Eerie Yuan Crash Prediction Bolsters Bitcoin Bullish Outlook in June | NewsBTC

Bitcoin eyes market growth heading into June as yuan falls to its lowest levels in eight months.Both assets have shown…

Continue Reading... Goldman’s Eerie Yuan Crash Prediction Bolsters Bitcoin Bullish Outlook in June | NewsBTC
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Bitcoin in Biggest Weekly Decline Since March as Price Falls by $700 | NewsBTC

Bitcoin price fell towards $9,200 a day after it formed a bullish Golden Cross pattern.The decline appeared despite bullish favorable…

Continue Reading... Bitcoin in Biggest Weekly Decline Since March as Price Falls by $700 | NewsBTC
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Dismal U.S. Stocks Warning Puts Bitcoin Hedge Funds in Spotlight | NewsBTC

Hedge funds with exposure in the Bitcoin market have returned better year-to-date yields than their traditional peers, according to researchers…

Continue Reading... Dismal U.S. Stocks Warning Puts Bitcoin Hedge Funds in Spotlight | NewsBTC
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Three Recent Incidents that Prove Bitcoin is Better than Gold

Bitcoin has beaten Gold in terms of returns on investments in its 11-year existence.Now the cryptocurrency is taking on the…

Continue Reading... Three Recent Incidents that Prove Bitcoin is Better than Gold
Posted in Altcoin Altcoin News Cryptocurrency News

Three Recent Incidents that Prove Bitcoin is Better than Gold

Bitcoin has beaten Gold in terms of returns on investments in its 11-year existence.Now the cryptocurrency is taking on the…

Continue Reading... Three Recent Incidents that Prove Bitcoin is Better than Gold
Posted in Altcoin Altcoin News Cryptocurrency News

No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist

Bitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at…

Continue Reading... No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist
Posted in Altcoin Altcoin News Cryptocurrency News

No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist

Bitcoin’s quadrennial supply cut event does not guarantee to boost its price, warned Carlo Cocuzzo, a Digital Finance Economist at…

Continue Reading... No Guarantee of Bitcoin Price Growing after Halving, Warns ING Economist
Posted in Altcoin Altcoin News Cryptocurrency News

Bitcoin Downplays S&P 500 Correlation, Hits $9.7K as Gold Rise

Bitcoin closed above $9,700 in hopes to wipe out its pre-halving crash amidst growing risk-off demand.The cryptocurrency broke its short-term…

Continue Reading... Bitcoin Downplays S&P 500 Correlation, Hits $9.7K as Gold Rise
Posted in Altcoin Altcoin News Cryptocurrency News

Bitcoin Hits $9K, Stocks Down as Investors Stare at Trade War 2.0

Bitcoin’s correlation with the S&P 500 broke Friday as it climbed circa 4.5 percent ahead of the New York opening…

Continue Reading... Bitcoin Hits $9K, Stocks Down as Investors Stare at Trade War 2.0