The Crypto News Site
Billionaire investors have warned that the stock market is overvalued. A majority of investors believe the next big market move will be down. A second wave of coronavirus cases and stock overvaluation could cause a market crash. A few days ago, billionaire investors warned that the U.S. stock market could crash as stocks are overvalued. […]
Despite the crypto crash that transpired last month, emotions are running hot; leading investors think Bitcoin will near its $ 20,000 all-time high, established at the end of 2017, in the near future. Here’s why they’re so optimistic. Related Reading: King of the Hill: Top Crypto Investor Explains Why Altcoins Are Highly Risky Bitcoin Investors […]
With a black swan event is upon us – an unpredictable event that forever alters the way people think and behave – are crypto and altcoin holders prepared to potentially go down with the ship if the world faces the worst economic recession yet? Crypto Op-Ed: Are Altcoin Investors Mentally Prepared to Go Down With […]
While headlines about tanking bitcoin prices serve ideal opportunities for investors to enter the cryptocurrency market, one top analyst thinks the asset is lacking new buyers. Alex Saunders, the CEO & Founder of Australia-based Nugget News, offered a wave of discouraging catalysts that might have driven people out of cryptocurrencies, including a wrecked US job […]
It looks as if the Telegram blockchain project is about to hit another wall. According to a local Russian news site, at least 10 large investors are ready to ask for their funds back. Telegram Blockchain Faces Further Problems According to Yakov Barinsky, the head of Russian crypto investment firm Hash CIB cited in TASS, […]
Bitcoin has been able to continue climbing higher today, with the ongoing rebound in the equities market allowing Bitcoin to further extend the momentum that was first incurred last week when the cryptocurrency rallied from the lower $ 5,000 region to highs of $ 6,900. The benchmark cryptocurrency is now attempting to re-test these highs, […]
Bitcoin’s recent meltdown did significant damage to its market structure, also leading most major altcoins to plummet to fresh multi-year lows. Although the market has largely rebounded from its recent lows, the backdrop of global bearishness seems to suggest further losses could be imminent. This intense bearishness has also led investor sentiment to plummet alongside […]
Bitcoin holds above a key support level of $ 9,000 amidst growing demand for safe-haven assets. The cryptocurrency is eyeing a break above $ 9,500 to confirm a medium-term bullish bias. Rising cases of Coronavirus in the US has led investors to withdraw from equities this week. Gold and bonds have inched higher, meanwhile. The […]
Newly released documents relating to Telegram’s 2018 ICO have revealed some big-name backers, including Russian oil tycoon Roman Abramovich and former Minister of Open Government Affairs Mikhail Abyzov. The publication of the documents highlighting some of the big-money backers in Telegram’s planned blockchain, Telegram Open Network (TON), is just the latest development in the US […]
After a recent correction from its strong upwards trend in 2020, gold is once again moving higher. Following a significant market crash of its own, the S&P 500 has also started March with its own almost 5 percent rally. Despite the S&P 500’s gains, gold’s current rally seems stronger. The price action suggests that investors […]
Despite sporting a market cap of over $ 100 billion, Bitcoin is only 11 years old, having launched in 2009. This means that while the cryptocurrency has been through a lot, it has not yet been through a full-fledged financial recession. Related Reading: Altered Carbon: Bitcoin & Top Crypto Assets Just Made A Brief Appearance […]
Retail traders are ditching Virgin Galactic as the space exploration stock collapses from its all-time highs. The retail crowd is flooding into biotech stocks on speculation that they may benefit from the Wuhan coronavirus outbreak. These “dumb money” investors are setting themselves for failure. Many will see their investments evaporate as institutional investors pull the […]
Bitcoin (BTC) has found some stability in the time followings its capitulatory selloff seen over the past few days, with bulls stepping up and ardently defending against a drop below $ 8,800 – which appears to have become a near-term support level for the cryptocurrency. Analysts are now noting that the ongoing pullback has led […]
In the last 24-hours, $ 38 million of Dai were traded for Ethereum on decentralized exchanges and Coinbase. Moreover, a massive spike in Dai trading volume confirmed this pattern, suggesting that investors are bracing for further drops. A whopping ~$ 38M of $ Dai traded for $ ETH in the past 24hrs (v slightly above […]
Bitcoin (BTC) has seen some intense selling pressure over the past several days, with its recent flash crash from $ 10,200 to lows of $ 9,200 doing damage to the cryptocurrency’s technical strength, subsequently sparking what appears to be a short-term downtrend. This downtrend was further confirmed when the cryptocurrency faced a swift rejection at […]