The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price. The shockwaves from yesterday’s explosion in the oil markets continued to damage oil prices and shrapnel from the blast caused damage to equities today as U.S. markets closed in the red after […]
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The U.S. stock market is at a major pivotal point as the TD Sequential indicator has lit up, suggesting a possible sell off in major markets and correlated assets like Bitcoin. The U.S. stock market is at a major pivotal point as a TD9 sell indicator has lit up while the Dow Jones remains at […]
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Seasoned crypto traders explain their approach to the Bitcoin halving…and more! As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked to traders Michaël van de […]
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Equities markets are correcting strongly and the upcoming Bitcoin halving has investors worried, but don’t freak out, learn how to manage your risk. The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In […]
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Bitcoin price is stuck inside a narrow range and remains at the mercy of the stock market, which will likely decide the outcome of the next big move. Bitcoin (BTC) is trading down 1.72% over the last 24 hours and 1.5% for today’s session. Looking at performance relative to its peers and in contrast, Ether […]
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Amid record correlation between Bitcoin and the S&P 500, the IMF has predicted the worst global downturn in almost a century. The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better. With Bitcoin (BTC) experiencing a […]
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Goldman Sachs analyst argues that central banks should print even more money as one commentator slam “illegal” moves by the Federal Reserve. Bitcoin (BTC) and gold are fast becoming the safe-haven assets of choice as new data predicts that advanced economies will shrink 35% in Q2. According to annualized figures from Goldman Sachs quoted by […]
Continue ReadingThe Bitcoin miner reward halving is almost here, but what if there’s no price pump? Can the miners stay afloat? With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward halving. With the event just four weeks away and the Bitcoin Cash […]
Continue ReadingDoes the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the […]
Continue ReadingBitMEX CEO Arthur Hayes and trader Crypto Capo believe Bitcoin price could drop to the $3,000s if equities markets correct again. BitMEX CEO Arthur Hayes and a pseudonymous trader known as ‘Crypto Capo’ both predicted the Bitcoin (BTC) price to drop to the $3,000s in early 2020. In the near-term, both expect Bitcoin to retest […]
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