Bitcoin Cryptocurrency News

Bitcoin Price To $318,500 By October 2021 According To This Model

Popular cryptocurrency YouTuber recently posted a chart illustrating that if Bitcoin repeats its previous significant bull run from 2017, its price could exceed $300,000 by the end of 2021. Interestingly, this highly optimistic prediction corresponds with the well-known BTC stock-to-flow model. BTC To Over $300,000? Bitcoin price predictions are among the most commonly discussed threads Read more…

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Altcoin Crypto Analysis Cryptocurrency News

DigiByte Price Analysis: DGB Skyrockets 35% After Being Listed on Binance, What’s Next?

DigiByte increased by 35% following its listing on Binance. The price is still trapped in a triangle pattern despite the latest surge. The bullish sentiment remains valid across trading pairs. DGB/USD: Digibyte Remains Trapped In a Triangle Key Resistance Levels: $0.0244, $0.0267, $0.030 Key Support Levels: 0.0205, $0.016, $0.013 DGB/USD. Source: TradingVIew Following yesterday’s listing Read more…

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Bitcoin Cryptocurrency News

Novogratz: Bitcoin Price To Reach $20,000 As Fed Prints and Buys Too Many Dollars

Former Wall Street hedge fund manager and prominent investor Mike Novogratz recently said that Bitcoin could break the coveted $10k mark soon and jump to $20,000. He also noted that the digitalization of money had begun worldwide, and the US needs to catch up with other nations such as China. Bitcoin To $20K, Says Novogratz Read more…

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Cryptocurrency News Ethereum

The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon Read more…

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Bitcoin Cryptocurrency News

Mainstream: Bloomberg Is Promoting Bitcoin-Related Content Via Facebook Sponsored Ads

Mainstream media Bloomberg has been doing some spendings in online advertisements to promote Bitcoin and cryptocurrency-related content. Spending Money To Promote Bitcoin Bloomberg is boosting its Bitcoin articles for more visibility on Facebook through paid promotion, according to an ad seen on the social media platform today. Although how long the media giant has been Read more…

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Bitcoin Cryptocurrency News

Why Bitcoin Trading in Tandem With the S&P 500 Isn’t a Bad Thing: Analysts Explain

One of the most common narratives in the Bitcoin space is that it is entirely uncorrelated with other financial markets. Because cryptocurrencies are mostly separate from normal economic trends, it was easy for many to think that BTC is unaffected by, say, a recession. But over the past few months, the narrative has quickly gone Read more…

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Cryptocurrency News DeFi

DeFi Adoption: Compound (COMP) Sees 100% Surge Amid Coinbase Pro Listing Announcement

The price of Compound (COMP) tokens is seeing a massive surge amid a manic week for the decentralized finance (DeFi) project, which included a listing announcement by U.S. crypto exchange giant Coinbase. Compound TVL Crosses $400M TVL Milestone With the number of lenders on the Compound protocol increasing rapidly, data from DeFiPulse shows the project Read more…

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Blockchain Cryptocurrency News

Major Tokyo Company To Use Blockchain To Trade Excessive Electricity

A local report indicated that Tokyo Electrical Energy Firm Holdings Inc (TEPCO) has partnered with the Japanese trading company Itochu Corp, to develop a blockchain-based platform to trade surplus of electricity between households. Blockchain-based Trading Platform For Electricity According to the Nikkei, TEPCO and Itochu signed the partnership to utilize blockchain technology for the upcoming Read more…