As we reach January 29th, which is the expiration date of Bitcoin options worth $3.7 billion, speculations arise in the market. Recent bullish trend of the Bitcoin price has facilitated the bitcoin options market to expand. Over the last few…
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Analyst: Bitcoin To Drop Further Ahead of The Chinese New Year
Despite retracing to below $30k in the last few hours before bouncing back to around $31k, BTC is being tipped to drop even further and China has something to do with it. Chinese New Year sell-offs As the Chinese prepare…
Bank of England Governor: Cryptocurrencies Could Be Gone Soon
More crypto skepticism is being seen this week with the governor of the Bank of England throwing salt in the face of all crypto enthusiasts. The head of England’s top bank, Andrew Bailey, believes that crypto currencies are not here…
Former Goldman Sachs CEO: Bitcoin Needs To Be Reigned In
Former Goldman Sachs CEO Lloyd Blankfein says that if he were a regulator, he would be “hyperventilating” at the success of Bitcoin. While giving his two cents about the future of Bitcoin, he seemed amazed at how relaxed regulators have…
JPMorgan Is Encouraging More Institutions To Buy Bitcoin
JPMorgan is one of the leading banks when it comes to crypto investments at the moment. A report released last week by the bank’s head of Cross-asset Strategy Division John Normand, encourages investors to consider adding Bitcoin to their Investment…
Bitcoin ETFs, a Rise in New Market Trend in crypto
Beginning of 2021 has been quite promising for the Bitcoin as it records its all time high in market value and possibilities rise in obtaining the green light for Bitcoin ETFs from the regulators. Bitcoin ETFs would bridge, exchange-traded funds…
Price Analysis for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP
Bitcoin dipped below its latest all-time high close to the value of 42,000$, 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…