Mark Cuban believes that Bitcoin, Ethereum and some altcoins would be able to pull through just like big internet companies of today.Everybody recognizes Mark Cuban as an American billionaire and owner of Dallas Mavericks, he is also a widely recognized face for being a “shark” on the popular Shark Tank reality TV show. What many may not know is that he occasionally shares his thoughts on the crypto industry and its assets like Bitcoin, Ethereum, DeFi projects and even non-fungible token...
Read More »Bitcoin Price Around $31K Now, BTC Stable, Selling on Halt
On Thursday, January 28th, Bitcoin (BTC) is slightly rising, trading at $31,213.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis: BTC stays stableRothschild Investment increased investments in BitcoinJPMorgan does not expect BTC above 40,000 USDOn W1, Bitcoin keeps correcting. The aim of the pullback is still the nearest support level of 27,523 USD. The MACD histogram remains positive, giving another signal for growth. The signal lines of the indicator keep growing upon forming...
Read More »Wall Street Hedge Fund CIO Says Institutional Demand Insufficient to Keep BTC Above $30K
Guggenheim Partners CIO Scott Minerd has shared another warning of possible Bitcoin declines. The Wall Street executive predicted a massive correction, dragging the primary cryptocurrency down to $20K. He pointing out that institutional interest is not enough to stabilize BTC above $30K.Institutional Demand is Not EnoughInstitutional interest towards Bitcoin will not be enough for the primary cryptocurrency to keep its head above the $30K price level. In a recent interview with Bloomberg TV,...
Read More »Ninepoint Partners Launches Bitcoin Trust Shares Just Like Grayscale
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.Ninepoint Partners LP has gone public with its Bitcoin Trust shares following the footsteps of Grayscale Bitcoin Trust (OTCMKTS: GBTC). The company announced the listing of the shares on the Toronto Stock Exchange and revealed that they have no intention of selling them in the US.According to John Wilson, the CEO and managing partner of Ninepoint, this is the...
Read More »EOS Price Analysis: Key Support Nearby, Can Bulls Make It?
EOS failed to clear the $3.000 resistance and declined below $2.800 against the US Dollar.The price is currently trading well below $2.800 and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.650 and $2.800 resistance levels.EOS price is trading above a major support near $2.400 against the US Dollar, while...
Read More »Market Watch: Despite Wall Street, Bitcoin Holds Above $30K So Far
Bitcoin has reclaimed the $30,000 price tag after another brief drop beneath it yesterday. Most alternative coins have also bounced off the lows as ETH has neared $1,300, while UNI jumped to a new all-time high.Bitcoin Swings Around The $30KFollowing an unsuccessful attempt to overcome $35,000 earlier this week, bitcoin started to gradually decrease in value. The adverse movements culminated in another price drop beneath the psychological $30,000 level, as CryptoPotato reported...
Read More »StackinSat obtient un financement de 90000€ de Nouvelle Aquitaine Amorçage et prépare une levée de fonds
Près de quatre mois après son lancement, StackinSat annonce un financement de 90 000€ sous forme de prêt d’honneur dans le cadre du dispositif Nouvelle Aquitaine Amorçage créé à l’initiative du Conseil régional de Nouvelle-Aquitaine et de la Caisse des Dépôts. La société prépare en outre une première levée de fonds en capital (avec possibilité d’investir en bitcoin) afin de financer le recrutement...
Read More »Litecoin (LTC) Price Analysis: Testing Crucial Support at $120
Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...
Read More »Traders Don’t Seem To Be Putting as Much Bitcoin Into Digital Funds
Bitcoin has hit a real bump in the road, and for many analysts and traders, this appears to be knocking their confidence to new lows.Bitcoin Isn’t Being Managed as Much By Third PartiesThe world’s number one digital currency reached a whopping $42,000 on January 8. This is the highest the currency has been in its 12-year history. However, at the time of writing, the asset is down to just over $32,000, meaning that each unit of bitcoin has dropped by roughly $10,000 in less than a month.To an...
Read More »Bitcoin’s Price Could Top at $300,000 if History Repeats: Analysis
Although the price of bitcoin fell by over $10,000 since its all-time high of $42,000, historical on-chain data suggests that the asset could still experience a significant increase in the following months.Simultaneously, another indicator implied that BTC’s correction has gone through its most harmful stage and could end soon.BTC’s Correction To Finish Soon?Following a substantial price increase that led to a new all-time high in early January, the primary cryptocurrency hit a wall and...
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