Bitcoin Crypto Analysis Cryptocurrency News

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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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

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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Cryptocurrency News DeFi Ethereum

Ethereum DeFi Is “Going Parabolic” But ETH Isn’t Following: Investors Guess Why

For months now, decentralized finance has been deemed one of Ethereum’s “killer use cases.” The concept of migrating financial services onto a relatively decentralized platform has been deemed a genius idea by many investors. Over the past few weeks, this has culminated in rapid growth in DeFi protocols. According to DeFiPulse, there is now in Read more…

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Japan megabank Nomura launches Bitcoin and crypto custody for institutional investors

Institutional investors are coming in hard and fast to the crypto market and, whether you like it or not, seem like they are here to stay. “Komainu” Japan’s top financial services and banking firm Nomura launched its much-awaited Bitcoin custody service for institutional investors this week, after over two years of development and clearing regulatory Read more…

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A $5T Pile of Cash is Waiting to Enter Bitcoin Market, Asserts Top Investor

Veteran macro investor Dan Tapiero sees “huge opportunity” for Bitcoin as investors cautiously turn to cash. Data from Refinitiv Lipper showed investors sitting atop a circa $5 trillion worth of money-market funds. Mr. Tapiero noted that cash investments return zero yields to investors, which may prompt them to enter riskier markets like stocks, gold, and Read more…

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Bitcoin Cryptocurrency News

Grayscale Says Investors Buy Bitcoin as an Inflation Hedge Amid Massive Money Printing

Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation. BTC And Crypto To Serve As Hedge One of the world’s leading digital asset management companies recently posted on Twitter Read more…

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Cryptocurrency News

Ethereum’s Vitalik Buterin challenges forecast saying the halving may boost Bitcoin’s price, joining stock-to-flow critics

If you were to ask a Bitcoin investor what makes the cryptocurrency valuable, they would likely say something about the cryptocurrency’s block reward “halvings.” Every four years, the number of BTC issued per block gets cut in half, resulting in an effective 50 percent reduction in the inflation rate of the cryptocurrency. The argument is Read more…

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Cryptocurrency News Ethereum

The Ethereum Investment Case Has This Unexpected Achilles’ Heel

With the next crypto bull run on the horizon, investors have speculated that Ethereum will be one of this cycle’s best investments. As reported by Bitcoinist previously, Chris Burniske, a partner at Placeholder Capital, said that he thinks Ethereum could rally to $7,500 in the coming years: “If BTC goes > $50,000 in the next Read more…