Price
US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September
US-based crypto exchange Kraken predicts the Bitcoin price will crash in September followed by a return to extreme volatility.
Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball
George Ball the former chief executive of Prudential Securities and current chairman of Sanders Morris Harris has joined the growing list of traditional financial industry experts to advocate for Bitcoin as a safe have asset and hedge against inflation.
Tezos Looks Set to Beat Bitcoin In 2020
Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.
May 7: The Traders' War... New vs Seasoned...
Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.
May 6: You Snooze You May Not Lose
$9,000 continues to pin Bitcoin down, leaving it to trade in a narrow $300 range for the past 48 hours. Eethereum also rather lackluster, having traded poorly relative to BTC in the last few sessions as halving looms.
Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.
April 30: Will Leveraged $$ Bite Time Time?
Bitcoin heading to the moon today, up almost 20% over the past 24 hours. If you're new to cryptocurrency, welcome to volatility.
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".
April 27: Not Out of the Woods Yet
How do we trade? Stick to the same plan as last Friday, buy BTC around $6,800 to $7,200 region and stay on the sidelines.