Billionaire fund manager and founder of Mobius Capital – Mark Mobius – represented cryptocurrencies as a “measure of investor sentiment.” He classified bitcoin as a leading indicator that shows how the Dow Jones index will […]
Mike McGlone, the well-known Bloomberg commodity analyst, claims that the $20,000 band for Bitcoin is similar to $5,000 in past years. The famous analyst suggests that the current level can act as the new price […]
The Canadian businessman and TV personality – Kevin O’Leary (a.k.a. Mr. Wonderful) – believes the ongoing decline of the cryptocurrency market is a healthy event that will clear out the insignificant projects and leave only […]
Russia’s third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil fields. As debates rage on in North America about the alleged impact of bitcoin and […]
The dramatic collapse in UST brought tremendous selling pressure, catching many off-guard. But the subsequent negative macroeconomic conditions have adversely affected the cryptocurrency market as a whole, with institutional demand plunging to the lowest levels. […]
Yesterday Bitcoin (BTC) reached one of the most important areas in its history, the 200-week moving average (200W MA). This has only happened 3 times in history so far and has always correlated with a […]
The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to remain disciplined amidst the ongoing crypto havoc. He compared the months-long selloff to the Internet bubble burst in 2000 while noting that some […]
Blockware Solutions – a blockchain infrastructure and Bitcoin mining firm – has released a report analyzing the pace of Bitcoin’s adoption, and what to expect going forwards. The firm’s analysis calls for a minimum of […]
The world’s leading provider of news, broadcasts, and videos – Bloomberg Media Distribution – expanded its coverage of cryptocurrency data on the Bloomberg Terminal. The company will track the performance and latest updates of the […]
Bitcoin (BTC) bounced after reaching a low of $29,730 on May 10, validating the $30,500 horizontal area as support. Bitcoin had been increasing inside an ascending parallel channel since Jan. 24. Both the resistance and […]
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