Monday , May 13 2024
Home / Tag Archives: Bitcoin News (page 249)

Tag Archives: Bitcoin News

Experts Discuss Why So Many People Are Into Bitcoin

What exactly has got everyone so crazy and obsessed with bitcoin as of late? Sure, the asset has been spiking like there’s no tomorrow and there’s a real possibility of becoming rich by getting involved in BTC, but there seems to be more that’s driving everybody’s taste for it.People Love Their Bitcoin; Analysts Explain WhyAccording to several industry experts, there are several aspects of bitcoin that have potentially dug themselves into people’s hearts and minds. Per science professor and...

Read More »

Scott Minerd: Bitcoin Could Fall to About $20,000 Per Unit

The bitcoin price is trading for well over $30,000 at the time of writing, though to be fair, it has experienced one of the biggest dips in recent months, having fallen from a recent $40,000 high. With this latest dip of around $7,000, the currency is being called into question by many industry analysts, including Scott Minerd, the chief investment officer at Guggenheim Partners.Scott Minerd Is Bearish On BTCIn a recent interview with CNBC, Minerd commented that he wouldn’t be surprised if...

Read More »

Bulls Becoming Bears? The latest Bitcoin Drop Has Analysts Worried

Bitcoin and the crypto market have been acting rather bearish as of late. The world’s number one cryptocurrency by market cap has recently shed around $7,000 off its price, and as a result, the entire arena has lost about $100 million in value.Bitcoin Keeps Falling, and People Are ConcernedThus, everyone is beginning to get rather negative about where bitcoin and digital assets will go in the coming days. They are not sure if bitcoin will rise any further, and some believe there’s reason to...

Read More »

JPMorgan: BTC Cannot Diversify Portfolios Like We Think

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 »

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 »

$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...

Read More »

Sophia Bera: Complete These Tasks Before Getting Involved in BTC

Bitcoin continues to surge like there’s no tomorrow, and as a result, many people are getting involved in the space without too much thought. However, according to certified financial planner Sophia Bera, there are several things one needs to do before they even consider getting involved in bitcoin and in the cryptocurrency space.Sophia Bera: There Are Tasks to Complete Before Getting Involved in BTCAccording to Bera, many of her clients have been asking her several bitcoin-related questions...

Read More »

There Is Still Way Too Much FOMO in the Bitcoin Space

As of late, the bitcoin space is getting bigger than ever. While the currency’s price has sunk down a little bit from $40,000 to about $34,000 at the time of writing, the fact is that many people have now been bitten by the “bitcoin bug,” and they’re looking to take advantage of the currency’s many benefits and characteristics.FOMO Is Hurting the Bitcoin SpaceHowever, are they getting involved for the right reasons? Recently, one source put out a story regarding why so many newbies are...

Read More »

Analysts: Defi Is the Element Behind the Massive Growth of Ethereum

Recently, Live Bitcoin News put out a story talking about how strong Ethereum has been over the past few weeks. While BTC has largely been hogging the spotlight and traders and crypto fans everywhere have been talking about how strong it’s been, Ethereum – in many ways – has outdone the jumps and price swings of bitcoin, gaining roughly 300 percent in value in just the last few months alone.Ethereum Has Surged Like There’s No TomorrowNow, the currency is trading at its highest point in...

Read More »

Deutsche Bank: Tesla, Bitcoin Are Becoming “Bubbles”

Bitcoin and tech stocks like Tesla have had an extremely strong year in 2020, but according to a recent survey released by Deutsche Bank, both investing products are looking more like bubbles.Deutsche Bank Isn’t Crazy About Where BTC and Tesla Are HeadedBitcoin rose more than 300 percent since the beginning of last year, while Tesla surged even further and gained about 700 percent. Deutsche Bank and the respondents taking part in the survey – roughly 89 percent of them – believe that these...

Read More »