JPMorgan is one of the leading banks when it comes to crypto investments at the moment. A report released last week by the bank’s head of Cross-asset Strategy Division John Normand, encourages investors to consider adding Bitcoin to their Investment…
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Bitcoin ETFs, a Rise in New Market Trend in crypto
Beginning of 2021 has been quite promising for the Bitcoin as it records its all time high in market value and possibilities rise in obtaining the green light for Bitcoin ETFs from the regulators. Bitcoin ETFs would bridge, exchange-traded funds…
Price Analysis for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP
Bitcoin dipped below its latest all-time high close to the value of 42,000$, currently trading down by -24% since reaching the new ATH. At the same time, Ethereum scored a new all-time high price as well, getting past the previous…
BTC: Asian Analysts See signs of Institutional Exhaustion
The BTC price has labored back to the $33,000 mark after a drop that had seen it tumble to $28,850 in the past 48 hours. Hopes of a bigger recovery have been dashed with BTC unable to pierce through the…
Harvard Professor: Bitcoin Will Only Work For Failed States
Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…
Goldman Sachs: Bitcoin is Becoming More Mature
The head of commodity research at Goldman Sachs Jeff Curie, told CNBC this week that the BTC market was becoming more mature. He also noted that predicting the BTC price was quite difficult because the price was subject to so…
Dubai Financial Watchdog Set To Unveil New Regulatory Framework
According to the Dubai Financial Services Authority (DFSA) which is the chief regulator of the Dubai International financial centre (DIFC), a new regulatory framework for cryptos is about to be unveiled. New framework expands on existing rules According to the…
Bitcoin to fall back to $20,000 and Ethereum to soar up to $9,000
The market outlook for the two major cryptocurrencies did not seem favourable as the prices of both Bitcoin and Ethereum continues to drop. Today (21st January) BTC recorded a price drop of nearly 8% and ETH recorded a price drop…
“Bitcoin Drops To $28,000 per BTC Due To A Flaw In The Crypto Called ‘Double Spend’
Bitcoin hits all time time nearing $42,000 start of New Year has dropped significantly to 30,000 lowest since start of this year. The primary reason for this drop is connected to two major events. BitMEX Research Team suggested that a…
Janet Yellen: Bitcoin Is An Enabler For Illegal Activity
Incoming US secretary of the treasury Janet Yellen may not be a big fan of cryptocurrencies at least according to her nomination hearing on Tuesday January 19. Yellen was asked cryptocurrencies as Joe Biden’s pick for the treasury hot seat…