Tom Lee of Fundstrat fame is back in the news, and he’s being very serious when he says the S&P needs to experience a breakout if bitcoin is going to gain its momentum back. Tom Lee: If BTC Is to Do Well, the S&P Must Do WellLee has commented about this in the past. He’s convinced that BTC and the S&P share some very strong ties, and when one drops, the other is sure to follow. As of late, there appears to be a hint of truth to what he’s saying in that as the stock market has...
Read More »Tom Lee: Darum explodiert am 23. September der Bitcoin-Kurs
Bakkt: Diese Handelsplattform wird Bitcoin grossen Investoren zugänglich machen. Gestartet wird am 23. September 2019. Am 23. September soll der Bitcoin-Kurs durch die Decke gehen. Das behauptet der Krypto-Experte Tom Lee und zieht als Grund den Start der Handelsplattform Bakkt heran. Zum Start wird es die ersten Bitcoin-Futures mit physischer Erfüllung geben – laut Lee ein wichtiger Push für Investoren. I am very positive on @Bakkt and...
Read More »Tom Lee: Bakkt Brings the Legitimacy Bitcoin’s Always Craved
Bitcoin aficionado and Fundstrat cofounder Tom Lee says he's more bullish on the crypto sector than ever, remarking that Bakkt's imminent launch could bring some much-needed legitimacy to the market. Lee tweeted that Bakkt's launch should bode well for the highly-lauded hopes of institutional involvement in the cryptocurrency industry. Tom Lee looks forward to the launch of Bakkt and the legitimacy it will bring | Source: TwitterLee's assertation that Bakkt's launch may improve the...
Read More »Bitcoin Price Back Above $10k, Targets New ATH Amid Bakkt Monday Launch
Crypto enthusiasts are almost always in a perpetual waiting state, in the hope that the market will pick up and keep on rallying, even when data is already bullish. In the past, there have been several factors named as important to Bitcoin price surge or pullback depending on the specific period. Today, the most anticipated event in the cryptosphere, which is also a major factor in the possible chance of a Bitcoin rally, is the launch of Bakkt.The Bakkt launch is only a few days away and with...
Read More »Bitcoin-Pumping Wealth Advisor Licks Chops Over Fed Meeting
A $10 billion wealth advisor predicts the next Fed rate cut will launch the bitcoin price to a new yearly high. There's just one problem. | Source: Jim WATSON / AFP (i), Jan von Uxkull-Gyllenband/Shutterstock (ii). Image Edited by CCN. The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the US central bank will adopt its second...
Read More »Bitcoin Rally Will Come Only After Surge in S&P 500 Stocks, Says Fundstrat’s Tom Lee
The cryptocurrency market is purported to be a break from the traditional markets, especially because of its decentralization. There is also the fact that global financial policies or unfavorable financial climate, which heavily affects traditional financial assets, do not have the same effects on the digital currency markets. However, even with all the dissimilarities, popular Wall Street strategist Tom Lee has drawn a parallel between the traditional stock market and the cryptocurrency...
Read More »Opinion: We Want Bitcoin Results, Not Predictions
Is it safe to say that people are tired of talking about bitcoin? While not necessarily bored by it, they are tired of hearing the same things over and over, one of which is that the currency is about to enter a huge rally of sorts. No More Bitcoin Predictions; We Want to See ChangeTom Lee, as reported by Live Bitcoin News earlier today, is back in the limelight again, commenting that the currency is about to hit a new all-time high once the S&P jumps up. Lee, despite claiming that he...
Read More »Tom Lee: Another Big Leap for BTC Is Coming
Well, it looks like Tom Lee is back in the news, and when you really think about it, why shouldn’t he be? The year is almost over – we only have about 3.5 months to go before 2020 rings in – and bitcoin has ultimately underperformed and come up short regarding bitcoin bulls’ expectations. Lee, naturally, is claiming that BTC is about to enter a rally. So, is he right or wrong?Lee: Another Price Bump Is ComingIn an interview with CNBC, Lee comments that the S&P is likely to shoot up by...
Read More »VanEck’s Limited Bitcoin ETF Loses Steam, Manages to Issue Only 4 Bitcoins
After months of regulatory scrutiny, VanEck-SolidX launched a limited version of its Bitcoin ETF last week. Not having the SEC approval to launch a full-fledged Bitcoin ETF, VanEck planned the limited ETF launch to prove that there’s actually some demand for this investment product in the market.However, it looks like VanEck hasn’t succeeded enough to make an impact in the market. Popular crypto analyst and commentator Alex Krüger recently released some data showing that the VanEck Limited...
Read More »Tom Lee: Der Bitcoin-Preis könnte bald ansteigen
Tom Lee: Der Misery Index deutet auf einen Anstieg beim Bitcoin-Preis hin. Seit Juli schwankt der Kurs für den Bitcoin von 9’500 bis 10’500 US-Dollar. Abweichungen davon, ob nach oben oder nach unten gibt es kaum. Unter anderem wurde Tom Lee dazu interviewt und sagte, es gäbe viele Hinweise dafür, dass der Kurs für der Kurs für den Bitcoin jedoch bald wieder ansteigen könnte. Viele Zeichen deuten darauf hin. Indikator: Der Bitcoin Misery...
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