Bitcoin whale watching: This metric that called the 2017 top is now flashing red
While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish. Go to Source Powered by WPeMatico
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Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish … Read more
Guggenheim CIO repeats $20K Bitcoin price forecast as BTC doubles since last warning
Scott Minerd seems convinced that a huge price correction is imminent, as industry names line up to disprove him. Go to Source Powered by WPeMatico
Publicly-traded First Foundation invests in NYDIG as belief in digital assets grows
The two companies also announced a strategic partnership that would allow First Foundation to provide clients with secure access to Bitcoin-related investment products. Go to Source Powered by WPeMatico
Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin benefits from an adoption boost by Venmo, while “Dogecoin Day” so far produces little in terms of fresh price upside for DOGE. Go to Source Powered by WPeMatico
Bitcoin transactions fees in US dollars near all-time high levels
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. Go to Source Powered by WPeMatico
Are we there yet? Here’s why one analyst says its not ‘altcoin season’
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an “alt season” just yet. Go to Source Powered by WPeMatico
Dogecoin, CryptoCurrency Reddit communities surge as crypto euphoria heats up
The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities. Go to Source Powered by WPeMatico
Peak fear? Bitcoin funding rates crash to lowest levels in 7 months
The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market. Go to Source Powered by WPeMatico
Bitcoin to close April above $90K? When & where this bull wave will top
Stock-to-flow model creator PlanB has calculated Bitcoin could reach $92K by the end of April…but will it actually get there? Go to Source Powered by WPeMatico