Tag Archives: Claims

Bitcoin Surges Nearly 10%, Analyst Claims BTC Likely to Target Mid-$4,100 Region Next

Bitcoin Daily Transactions Return to Bull Run Levels

Following an extended period of sideways trading for Bitcoin (BTC), it finally made a large upwards move and is now facing some levels of resistance around its current price. Bitcoin’s upwards swing today has allowed the entire cryptocurrency market to surge and represents the market’s second upwards price swing in the past couple of weeks. Now, analysts believe that Bitcoin will continue its ascent until it reaches roughly $4,100, where it may find increased levels of resistance. Bitcoin (BTC) Surges Towards $4,000 At the time of writing, […]

Read More...

DCG Chief Claims He’s More Bullish on Bitcoin Than Ever, But Wary Of Crypto Assets

DCG Chief Claims He's More Bullish on Bitcoin Than Ever, But Wary Of Crypto Assets

It goes without saying that the crypto market is rife with wishy-washy investors. Some days, one might be overly bullish, quipping that Bitcoin (BTC) could skyrocket to the so-called “moon.” Other days, he or she might remark that the end is nigh for the flagship cryptocurrency. While vapid industry participants are a dime a dozen, what’s hard to find are cryptocurrency zealots that would put their reputation on the line for this sector. Barry Silbert, a former Wall Street investor turned the fervent leader of the industry’s largest […]

Read More...

Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks

Analyst: Bitcoin (BTC) May Soon Flip Bullish if Able to Finish Weekend Above $3,480

Following the positive volatility the markets experienced on Friday, Bitcoin (BTC) has been able to find stability in the $3,600 region, signaling that bulls are not ready to surrender the cryptocurrency’s recent price gains. Now, one analyst is claiming that Bitcoin may surge as high as $5,000 in the coming weeks, as the cryptocurrency begins to develop more bullish technical formations. Analyst: Bitcoin May Soon Surge to $5,000 At the time of writing, Bitcoin is trading down nominally at its current price of $3,650. On Friday, Bitcoin […]

Read More...

$3 Trillion Hedge Fund Industry Should Have 1% In Bitcoin (BTC), Claims Novogratz

Bitcoin Upstart Bread Cooks Up $15M Amid Crypto Winter

Although undoubtedly Bitcoin rose to worldwide fame and glory in late-2017, institutions have been slow to make a bonafide foray into this asset class. In fact, effectively zero preeminent Wall Street funds have divulged that they have taken active stakes in cryptocurrencies. Many traditionalists would argue that this is for good reason, but crypto’s enthusiasts have been left asking — what’s the deal? Novogratz: Where Are Bitcoin Allocations From Wall Street? In a tweet issued on Saturday, Mike Novogratz, the chief executive of the TSX-listed Galaxy Digital, made […]

Read More...

Analyst Claims Ethereum (ETH) Could Soon Surge 90% to $200, But it May First Drop to $90

Analyst Claims Ethereum (ETH) Could Soon Surge 90% to $200, But it May First Drop to $90

The cryptocurrency markets are currently experiencing a relatively involatile day, with most major cryptos trading up or down marginally. Because Bitcoin has held support at $3,400, most cryptocurrencies, like Ethereum (ETH), are resting at, or slightly above, their support levels, which is leading many traders to express increased caution in entering any longs positions. Despite this, one prominent analyst sees Ethereum potentially gearing up for a price surge that could send it skyrocketing over 90% from its current prices. Ethereum Stable Above $100, May Drop to $90 […]

Read More...

Bitcoin Finds Little Buying Pressure at $3,400, Analyst Claims That BTC Is Likely to Drop Further

Bitcoin Finds Little Buying Pressure at $3,400, Analyst Claims That BTC Is Likely to Drop Further

After an extended period of sideways trading in the mid-to-upper $3,400 region, Bitcoin (BTC) has failed to break through its nearest resistance level at $3,500, which has led the cryptocurrency to drop to its support level at $3,400. Although BTC has yet to break decisively below this level, one analyst believes that the lack of buying pressure at this price point signals that further losses are to come in the near-future, and that Bitcoin must see increased adoption in order for it to see steady price gains. […]

Read More...

Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”

Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”

Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level. Although Bitcoin has yet to plunge back down towards its 2018 lows of $3,200, analysts seem to believe that it still has further to drop, as its bulls have failed to gain significant momentum ever since it broke below $6,400 in late-November of last year. Bitcoin Defends $3,400, […]

Read More...

XRP Market Cap is $6.755 billion, Messari Claims

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP trade plans are valid. All in all, for bulls to remain in charge, then we must see sharp gains above 34 cents. Ripple Price Analysis Fundamentals Messari is questioning XRP’s market cap […]

Read More...

Bearish Crypto Market Claims Another Victim in Mining Space

Bearish Crypto Market Claims Another Victim in Mining Space

The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. The company clarified that it had lost access and power to its mining facilities because it didn’t have adequate funds to continue the mining services. The email came two months after Giga Watt filed for Chapter 11 bankruptcy. In November 2o18, the company had admitted losing a massive chunk of their revenue to the bearish […]

Read More...