Guggenheim’s Scott Minerd Calls for Bitcoin (BTC) Profit-Booking, Seems a Plan to Buy Cheaper
It looks like the current Bitcoin (BTC) price rally isn’t just creating a FOMO among retail players but institutions as well. Just as the Bitcoin (BTC) price surged past $40,000 it has started giving jitters to some of the big industry veterans. Guggenheim Partners’ Scoot Miner who earlier predicted that Bitcoin (BTC) can touch $400,000 The post Guggenheim’s Scott Minerd Calls for Bitcoin (BTC) Profit-Booking, Seems a Plan to Buy Cheaper appeared first on Coingape.
Bitcoin (BTC) Tanks Over 10% Below $36,000 Amid Huge Miner Selling Pressure
Finally, after an unprecedented rally during the first complete week of 2021, the BTC price has entered correction tanking more than 10% and slipping below $36,000 levels. At press time, Bitcoin (BTC) is down 11.58% trading at $35,734. The recent Bitcoin (BTC) price correction comes after two days of price consolidation around $40,500 levels and The post Bitcoin (BTC) Tanks Over 10% Below $36,000 Amid Huge Miner Selling Pressure appeared first on Coingape.
Bitcoin price in dilemma at crucial pivotal level; will it be $42,500 or $32,500?
Bitcoin closes the week under $40,000, opening the Pandora box for a possible slide to $32,500. Closing the day above the ascending channel’s upper boundary may invalidate the breakdown but favor a recovery above $40,000. Bitcoin almost brushed shoulders with $42,500 last week but stalled, allowing for a retreat under $40,000. However, Bitcoin managed to The post Bitcoin price in dilemma at crucial pivotal level; will it be $42,500 or $32,500? appeared first on Coingape.
Institutional Rocket Fuel Could Soon Boost Ethereum, Says Macro Investor Dan Tapiero
Prominent global macro investor Dan Tapiero says Ethereum is poised to surge as a wave of institutional investors set their sights on the second largest crypto asset by market cap. On an episode of The Breakdown with Nathaniel Whittemore, Tapiero says that the amount of stimulus pumped into the money supply this year has transformed […] The post Institutional Rocket Fuel Could Soon Boost Ethereum, Says Macro Investor Dan Tapiero appeared first on The Daily Hodl.
Chainlink, Monero, Dogecoin Price Analysis: 10 January
After touching $18, LINK cooled down as the bears attempted to take prices towards its immediate support. XMR gave mixed signals and its movement could depend on market leader Bitcoin moving forward while DOGE continued its consolidation between $0.011 and $0.008. Source: CoinStats At press time Bitcoin had fallen below the $40k level and was […]
Ethereum Price Analysis: 10 January
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The largest altcoin in the market, Ethereum has been noting its value rise steadily on the charts. Its value has surged by 72% since the beginning of the year from $754 to $1,3012. At […]
Cardano, Aave, BAT Price Analysis: 10 January
After Bitcoin moved upwards from the $41,000 mark, the broader market followed suit and most altcoins rose along with the king coin. At press time, ADA, AAVE, and BAT were in the green territory and projected an upside move in the short term. Cardano [ADA] After snapping a local high at $0.358, a correction pulled […]
Crypto Project That Surged 931% Since November Unveils Ambitious Roadmap for Year Ahead
A decentralized finance asset that soared 931% in a span of a few months is revealing its lofty roadmap for 2021. According to the roadmap of SushiSwap (SUSHI), the team behind the decentralized exchange is gearing up to integrate an automated market maker (AMM) set to be enabled by THORChain’s RUNE and Moonbeam. SushiSwap is […] The post Crypto Project That Surged 931% Since November Unveils Ambitious Roadmap for Year Ahead appeared first on The Daily Hodl.
Cardano Price Analysis: 10 January
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The Cardano market recently witnessed a drop and has been trying to recover. The value had dropped to $0.3044 and at the time of writing, the coin was trading at $0.3207. This recovering price […]
Why altcoins may be independent of Bitcoin in 2021
The alt season of 2017 was an accessory to Bitcoin’s bull run. Once Bitcoin’s price rallied to a new ATH, investment started pouring in for altcoin projects. This meant there wasn’t much independence in altcoin rallies. Besides, short-term BTC tops were followed by altcoin rallies as investment flowed in and out faster, in altcoins. However, […]
Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards
On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s genesis block launch. Seven days ago an old-school […]
Why 2021 should be about more than just Bitcoin, Ethereum
Bitcoin isn’t the only cryptocurrency in the market’s good books right now. In fact, Ethereum is bullish too, with the world’s largest altcoin going past $1,300 on the charts weeks after plans for ETH 2.0 went underway. Look beyond the two What about the rest of the market though? Well, you have your Bitcoin, and […]
Two of the Richest Men on Earth Tracking Bitcoin’s Big Surge Above $41,000
Tesla and SpaceX CEO Elon Musk and Social Capital founder Chamath Palihapitiya are paying attention to Bitcoin’s epic surge above $41,000. Musk, who’s known to be on the fence about the leading cryptocurrency, replies to a tweet by Bitcoin Billionaires author Ben Mezrich, saying he will never again turn down the chance to be paid […] The post Two of the Richest Men on Earth Tracking Bitcoin’s Big Surge Above $41,000 appeared first on The Daily Hodl.
Why Litecoin continues to perform despite bearish on-chain data
The value of Litecoin is currently at a range last witnessed during the 1st week of May 2018. A price above $185 can be dated back to March 2018, so LTC was testing major resistance levels. The week on week performance since 14th December has been exceptional and its price recovery is leading to positive […]
How sustainable is Bitcoin’s rally?
Bitcoin, at the time of writing, was priced at just under $40,500. In fact, just over 24 hours ago, the world’s largest cryptocurrency was hovering under the $42,000-mark. Let that sink in – $42,000! Just over a month ago, the cryptocurrency was valued at $18,500, with the all-important question on people’s minds being – Will […]
Bitcoin’s market cap is now 7% that of gold, what does this mean?
With the recent spike in Bitcoin’s price, its market capitalization is nearly 7% that of Gold. On-chain analysts and crypto influencers on Twitter have been calling for Gold Flippening and this could be the first step in that direction. Back in October 2020, when Bitcoin’s network momentum was increasing steadily, Bitcoin’s correlation with Gold was […]
100x Returns Coming to Certain Altcoins, Says Popular Trader – Here’s What Lark Davis Is Adding to His Portfolio
Crypto influencer and trader Lark Davis is naming five altcoins that he says have the potential to pull off 100x gains in the current bull cycle. At the top of Davis’ list is a new decentralized finance (DeFi) protocol that is designed to unlock the value of staked assets. “The reality is keeping your funds […] The post 100x Returns Coming to Certain Altcoins, Says Popular Trader – Here’s What Lark Davis Is Adding to His Portfolio appeared first on The Daily Hodl.