Bitcoin Cryptocurrency News DeFi

OKEx CEO Jay Hao: Many People Will Lose Money In DeFi (Exclusive Interview)

OKEx has become one of the largest cryptocurrency exchanges in the past several years. The company’s growth is continuously emphasized by the trading volume and the growing user base. CryptoPotato recently had the opportunity to do an exclusive interview with the CEO of the company – Jay Hao. Hao spoke of the challenges OKEx has Read more…

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Bitcoin Price Stagnant as Gold Records ATH Above $2,000

During yesterday’s trading session, gold’s futures contracts and shortly after the spot price broke above the coveted $2,000 level for the first time. In the cryptocurrency market, Bitcoin remains relatively calm, while some altcoins are fluctuating with another all-time high charted by Chainlink. Cryptocurrency Price Movements After yesterday’s unsuccessful attempt to overcome the $11,500 resistance, Read more…

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Why This Finance Author Advocates Bitcoin Over Gold and Real Estate

The global financial market is experiencing the greatest shakeup in nearly a century. Amidst the shuffle, one well-known finance author is advocating Bitcoin over other hard assets like gold and real estate. But why? Rich Dad, Poor Dad Author Urges Investors Toward Hard Assets Author Robert Kiyosaki is better known as Rich Dad, Poor Dad, Read more…

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Bitcoin Cryptocurrency News

Bloomberg Researchers Bullish on Bitcoin, Demand Points To $12,000

A new 2020 crypto outlook report from Bloomberg has been released, revealing just how bullish the company’s analysts are on Bitcoin.  The report puts a spotlight on the first-ever cryptocurrency’s digital scarcity and suggests that the current active addresses point to prices closer to $12,000 in the short term. First-Ever Cryptocurrency Matures Into Digital Gold Read more…

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Bitcoin Price Analysis: BTC Plunges $300 in 2 Hours, Here’s Why

Bitcoin bears appear to have come out of hibernation today. According to the latest data from Glassnode, Bitcoin hourly addresses hit a 2-year high today and hourly active addresses set at a new yearly high. READ: 53% of Bitcoin Options Just Expired, Marking a Historic Milestone While these figures might sound promising, they have coincided Read more…

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This Eerie Bitcoin Fractal Sees Price above $70,000 by mid-2021

Bitcoin is on the cusp of breaking out towards levels above $70,000, according to an eerily identical fractal. Spotted first by Artem Shevelev, a market analyst, the pattern shows Bitcoin in a seven-stage development. Each stage reflects price moves and technical indicators similar to the ones that eventually pushed Bitcoin to its all-time high at Read more…

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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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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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Analyst Who Predicted Bitcoin’s 150% Bounce From March Lows Is “Still Long”

When Bitcoin crashed to $3,700 in March, many were quick to throw in the towel. There was one prominent analyst that said that looking at the charts, he saw a good likelihood the cryptocurrency was to fall under $1,000. That would have marked a more than 70% correction from the capitulation lows. One trader, though, Read more…