JPMorgan keeps talking about bitcoin as of late. Recently, analysts from the financial giant claimed that if it didn’t spike back to $40,000 soon, traders would likely see their portfolios dwindle and their stashes were likely to experience major suffering. With the asset’s recent $9,000 drop after reaching its new all-time high, one must wonder if it will take a while before BTC jumps into $40,000 territory again.JPMorgan: Bitcoin Is Not as Strong as We ThinkNow JPMorgan is claiming that the...
Read More »Defi Token Polkadot Continues to Jump Like There’s No Tomorrow
The crypto space is tanking as of late. Bitcoin has fallen by about ten percent in the past two days, while Ethereum, Ripple, Cardano and Litecoin have all taken dips of anywhere between five and ten percent. However, not every asset is down in the doldrums at the time of writing. Some, such as Polkadot, have retained their high prices and appear poised for more gains in the coming weeks.Polkadot Continues to Thrive Like No Other CoinPolkadot is the provider of what’s known as the dot token,...
Read More »Bitcoin Experiences Major Dip; Loses 10% in 48 Hours
Bitcoin has tanked. The world’s number one cryptocurrency by market cap has fallen all the way from around $40,000 just a few weeks ago to about $31,000 per unit at press time. While this has all happened before during the month of January, this time around feels somewhat different.Bitcoin Is Falling Into OblivionThe currency has lost about ten percent in the last two days. Just yesterday, the asset was trading for around $34,000, which means it has lost another $3,000 off its most recent...
Read More »Analysis: Strong Fundamentals Can Spike ETH Price To $10,000
Ethereum’s fundamentals and network utilization will push the price of the native cryptocurrency to a five-digit price territory, believes a popular cryptocurrency commentator. Although this potential surge by eight-fold from this position could sound far-fetched to some, Fundstrat strategists recently offered a similar prediction.ETH’s Fundamentals Raise A $10K Opportunity?Ethereum’s native crypto has been on a tear in the past several months. After gaining about 500% in 2020, the...
Read More »Bitcoin-Fork BTCU stellt Team vor
Das Bitcoin Ultimatum Projekt hat zwei weitere Teammitglieder vorgestellt. Darunter der bekannte Crypto-Experte Eric Ma, der bereits für Coinmarketcap gearbeitet hat. Der BTCU soll aus einer Fork des BTC hervorgehen und das Beste aus Bitcoin und Ethereum miteinander verbinden. Bitcoin News: Bitcoin-Fork BTCU stellt Team vorEin Ethereum-Klon, der auf Smart Contracts mit Bitcoin setzt? Klingt zunächst nach einer großartigen Idee, doch wie immer ist die Frage: Kann das Team dahinter die großen...
Read More »Almost 10% of US-Based Financial Advisors Bought Crypto for Their Clients in 2020: Survey
A recent report conducted by Bitwise and ETF trends concluded that the number of financial advisors who allocated funds to crypto-assets has increased by nearly 50% in a year.Additionally, the percentage of investors expressing interest in purchasing digital assets has grown to 81%.Financial Advisors Confirmed: Crypto Demand Is RisingAccording to the 2020 study, financial advisors manage about half of the wealth of American investors and play a significant role in the distribution of funds....
Read More »Grayscale Breaking Records: Bitcoin Trust Adds Over $1 Billion in a Week
Grayscale continues to break records with its Bitcoin Trust as the company has attracted inflows of over $1 billion in BTC from institutional clients in a week.Additionally, the company seems to be preparing to launch several new cryptocurrency trusts for Chainlink, Tezos, and more.Grayscale’s BTC Trust Inflows To A New RecordCryptoPotato reported earlier that the leading digital asset manager registered its best quarter to date in Q4 2020 with the most substantial inflow quantities....
Read More »LINK Soars 25% To New ATH As Bitcoin Recovers $5000 (Weekend Watch)
After a few consecutive days of price drops, bitcoin has regained some value and has jumped to around $33,000. However, most alternative coins have outperformed their leader with massive gains and have reduced BTC’s dominance over the market to 64%.Exploding Alts, New ATH For LINKThe past several days have been rather harmful to the altcoins as the cumulative market capitalization lost about $200 billion to beneath $900 billion.However, most alts have bounced off hard in the past 24 hours...
Read More »Wise Bitcoin Is a New Kind of Digital Exchange
The cryptocurrency space continues to grow like there’s no tomorrow. As a result, we’re witnessing an influx of traders jumping in without thought or reason to their actions, and many companies – including Wise Bitcoin – are seeking to ensure these individuals have the knowledge and education they need to make smart investing decisions and carve out strong financial paths for themselves.Wise Bitcoin Is Seeking to Ensure Traders Have the Tools They NeedWise Bitcoin is a new cryptocurrency...
Read More »$6,000 Dip for Bitcoin; The Selloff Has Likely Begun
As of late, bitcoin isn’t doing so hot. The world’s number one cryptocurrency by market cap had recently hit a new all-time high exceeding $40,000 per unit, but now, the currency has fallen by roughly $6,000 and is trading at about $34,000.Bitcoin Is Being Sold OffWhat could possibly be behind such a recent downgrade of what has been a largely powerful asset these past several months? Many analysts agree that this is the result of a recent sell-off, and that many bitcoin holders are trading...
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