As Inflation Grows, Institutions Buy Bitcoin
Institutions are hedging against inflation by buying Bitcoin. As the concerns over the growing inflation rises, it seems that gold is not the primary safe haven anymore. Bitcoin is Better This week, Bitcoin experienced a 35% rally, all while gold went down 7.3% in the meantime. Despite all the fluctuations, it seems that the investors […]
Tales from the Chain; Chapter IV: Crypto Foreteller
A true prophet, a guiding hand through the brutal chains of block, a beacon of hope for the weary; welcome, to the tale of the crypto foreteller. He could be a bro, he could be a gentleman, but he is always trying to help. In an ever perplexing world of fearful and greedy decisions, the […]
Bitcoin Price Analysis and Predictions; October 7, 2021
Bitcoin Price finally surpassed the $55,000 resistance level. It is likely that the price correction continues for a while. However, the buyer can gain control if BTC reaches $60,000. Here is a summary of Bitcoin price in the past 24 hours: BTC surpassed the $52,000 and $54,000 resistance levels. Currently, the price is above $53,000 […]
Bitcoin Price Analysis and Predictions; October 4, 2021
Bitcoin price had a bull run starting from $45,000 and is now facing resistance at $50,000. It is likely that BTC grows further in short-term. Here is a summary of Bitcoin Price in the past 24 hours: Bitcoin surpassed the $45,500 and $47,500 resistance levels. Currently, BTC is over $47,000 and the 1-hour candles are […]
Grayscale Adds Solana and Uniswap to Assets
Grayscale Investments, a giant in digital assets has decided to add Solana and Uniswap to its large cap funds. As stated in a press release, as part of a quarterly rebalancing of funds, the company sold digital assets in order to accumulate SOL and UNI. The crypto asset manager is the largest ranked company in […]
Coinbase Under Attack, 6000 Accounts Hacked
The Cryptocurrency exchange Coinbase says more than 6000 customers have lost their assets. In a letter sent to the California Attorney General, they stated that the hackers took advantage of a flaw in the SMS account recovery process. They were able to receive an SMS two-factor authentication token allowing them to gain access to the […]
Bitcoin Price Analysis and Predictions; October 2, 2021
Bitcoin price managed to reach $48,500 in a strong bull run before a price correction. In case the price stabilizes above $46,500, the bull run can continue. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price surpassed the $44,400, $45,500 and $47,000 resistance levels. Currently, BTC is above $47,000 and […]
Bitcoin Price Analysis and Predictions; September 30, 2021
Bitcoin price finally had a sigh of relief when it found support at $40,750. It seems that at this level, BTC does have a solid bottom and is looking bullish. For a better insight, check out all our Bitcoin daily analysis articles for September. Here is a summary of Bitcoin Price in the past 24 […]
Elon Musk says the US Should “Do Nothing” About Crypto
Elon Musk, the CEO of Tesla said in a recent interview, the US government should not regulate cryptocurrencies. At the Code conference in Beverly Hills, California, Musk did answer questions regarding cryptocurrencies and the latest Chinese crackdowns. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down […]
Bitcoin Price Analysis and Predictions; September 27, 2021
Bitcoin Price failed to surpass $45,000 yesterday. Following a price correction, BTC fell as low as $42,000 and further decline is likely. Here is a summary of Bitcoin in the past 24 hours: Bitcoin failed to surpass $44,500 and $45,000. Currently, the price is below $43,000 and the 1-hour candles are below the SMA100. For […]
Institutional Investors Buy the Dip Following the China FUD
Institutional investors see the latest plunges in cryptocurrency market as an opportunity to accumulate further on digital assets. The highly volatile past few weeks or even months has provided a good buying opportunity for whales. According to CoinShares, a notable increase of inflows in the past three weeks is indicating institutions are buying crypto at […]
Bitcoin Price Analysis and Predictions; September 27, 2021
Bitcoin price managed to stabilize above $40,750. Currently, the price is running upward and is likely to surpass $45,000. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin price surpassed the $42,800 and $43,000 resistance levels Currently, BTC is over $43,000 and the 1-hour candles are above the SMA100 For the […]