Tag Archives: Simon Peters

It has been nearly two weeks since the halving, and yet analysts are still speculating about what could happen in the future for bitcoin’s price.The Halving Still Has People TalkingOverall, halving events in the past have been quite bullish for the currency. This time, however, there seems to have been a lot of activity during the lead up, while the event itself turned out to be a real bore. Not much has happened since Tuesday, May 12. In fact, the currency is down since then, having recently...

Many analysts believe that the price of bitcoin could potentially reach $10,000 before the halving is set to occur.Could Bitcoin Spike It Big All Over Again Soon?If that’s the case, bitcoin would need to spike to the five-figure range in less than two weeks. Can it be done? Is this enough time for the asset to truly make its mark?The last time bitcoin was trading in the $10,000 range was last February. This held for a few weeks and then the currency fell victim to the hazards of the market as...

Mike Novogratz – the head of bitcoin hedge fund Galaxy Digital – says that bitcoin “needs to rally this year.”Novogratz Is Still Confident in BTCAt the time of writing, economies around the world are suffering at the hands of an ongoing coronavirus pandemic that has stirred fear in the hearts of men. Many are wondering if things could recover in due time, while others remain bearish and claim that the $2 trillion stimulus package recently approved by the U.S. Senate won’t be enough to push...