Bitcoin’s price will continue trading in a tight range between $6,000 and $10,000 until the rest of the year, believes popular BTC analyst Tone Vays. He also thinks that short-term breaches above $10k are insufficient since the asset heads back down almost immediately.BTC Between $6k And 10KThe price of the primary cryptocurrency has been on a roller-coaster since the start of the year. It entered the new century at about $7,200, but the bulls quickly took charge and spiked it to above...
Read More »Chamath Palihapitiya: The US Has Become A Socialist Country, Buy Bitcoin To Protect Yourself
Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya recently doubled-down on his advice that people should allocate at least 1% of their portfolio in Bitcoin as protection.He believes that if the asset skyrockets in value, it would be because of rather damaging world events and the lack of proper countermeasures by governments.Palihapitiya: BTC’s Lack Of Fundamental Correlation Is PositiveIn a recent podcast, the former Facebook executive noted that the US Fed and Treasury...
Read More »Black Swan Author Nassim Taleb Closes His Coinbase Account
Popular Lebanese-American essayist and economist, Nassim Nicholas Taleb, recently revealed that he has closed his Coinbase account. Taleb, who is also a former options trader and a risk analyst, complained that the US-based exchange was uncooperative in resolving some technical issues. Taleb Closes His Cloinbase Account Apart from being a well-known economist, Taleb is also the author of The Black Swan. It describes impossible-to-predict adverse events in all areas of life and how people...
Read More »Adam Back: Bitcoin Price Could Skyrocket To $300,000 By 2025
Co-Founder and CEO of Blockstream Adam Back believes that Bitcoin could reach $300,000 in five years due to the current economic situation worldwide. In an interview, he also refuted the recent claims that he is the mysterious person behind BTC – Satoshi Nakamoto.Bitcoin To $300,000 By 2025?In his recent interview with Bloomberg, the popular cryptocurrency proponent admitted that he is mining bitcoins, but he’s not selling them. The reason why Back is not disposing of his coins could be...
Read More »Bitcoin Bull Run Officially Starting? Strong Indicator Flashed On The Popular Long-Term Analysis Model
Cryptocurrency analyst and creator of Bitcoin’s stock-to-flow model, PlanB, recently noted that an indicator that historically precedes bullish momentum according to his model has now flashed. Per his initial prediction, the asset is targeting a total market cap of $1 trillion in the next few years.Bitcoin’s S2F ModelThe stock-to-flow model became an instant favorite among Bitcoin investors, mainly because of the optimistic forecast it makes. Namely, PlanB’s model suggests that the asset will...
Read More »Das volle Potenzial mit Bitpanda ausschöpfen
Bitpanda ist ziemlich innovativ und bietet den Bitcoin-Handel in Schweizer Franken an. Bei Bitpanda kann jeder mitmachen, ab 1 Franken. Und selbst wer kein Geld investieren möchte, kann sich etwas Bitcoin in der Bitpanda Academy verdienen. Klar, da ist etwas Grips gefragt und die Mini-Prüfungen müssen schon richtig beantwortet werden. Wie auch immer, wir alle wissen, dass man auf Bitpanda digitale Assets und Edelmetalle traden und tauschen kann. Aber weisst du auch, dass du...
Read More »Robert Kiyosaki: The Time Has Come to Buy Bitcoin
Bestselling author Robert Kiyosaki is putting all his hope and dreams into bitcoin.Robert Kiyosaki: Invest in Bitcoin Now!In a recent series of tweets, the bestselling author of “Rich Dad, Poor Dad” announced that the release of trillions back into the economy – aka, the recent stimulus package designed to hit back against the coronavirus pandemic – was a huge mistake. He explained that the dollar is on the verge of dying out, and he’s advising everyone to put their money into assets like...
Read More »Analysts: Gold Is the Answer to Fiscal Problems Instead of BTC
With the federal government printing new money every five minutes, many analysts and traders say that the threat of inflation is upon us, but strangely, many are not turning to bitcoin in these troubled times, but rather to gold. Several analysts believe that gold is the answer to many incoming economic troubles.Analysts: Gold Is Stronger than BTCFund manager Crispin Odey, for example, recently commented:Gold is the only escape from global monetizing. In the short term, the money will be made...
Read More »Bitcoin Is Outdoing Most of the World’s Assets in May
Bitcoin has been on a serious roll this month. It just struck the $9,000 mark for the third time over the past few weeks, and it’s now trading beyond $9,500.Bitcoin is the Finance World’s Head HonchoAccording to a new report, bitcoin has outperformed most other assets, including gold and stocks. This is extra special news considering gold is often considered a “safe haven” asset. In times of economic strife, gold is known to remain as it is when it comes to price, and should it ever fall,...
Read More »Adoption: The Reason Why Hedge Fund Manager Paul Tudor Jones Has Started Buying Bitcoin
The popular American hedge fund manager, Paul Tudor Jones II, said that he is buying Bitcoin amid the growing trend amongst world central banks to print excessive amounts of money.He added that the hedge fund he founded in 1980, Tudor Investment Corporation (Tudor BVI), could start allocating portions of its assets in Bitcoin futures.Paul Tudor Jones Buys Bitcoin To Fight InflationJones is a prominent traditional investor who founded the Tudor BVI hedge fund 40 years ago. He is also a...
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