Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.”...Read More
Some of the most popular cryptocurrency-related channels on YouTube indicated that the giant video platform is shadowbanning Bitcoin videos. Several YouTubers complained that the new practice began two days ago, which coincides with a recent core update from Google. YouTube Reportedly Shadowbanning Bitcoin Videos The most widely used video-sharing platform has a continuous quarrel with...Read More
Despite the ongoing correction, Link remained relatively stable today. The price is likely to bounce back if the channel’s lower boundary continues to act as support. Chainlink would continue to correct downward as long as selling volume increases in the market. LINK/USD: Chainlink Struggles Under $4 Key Resistance Levels: $4, $4.5, $4.98 Key Support Levels:...Read More
Ethereum saw another 1% price decline today as it falls to $203. The coin struggled with the resistance at $220 during the weekend, which caused it to roll over. Against Bitcoin, Ethereum has been struggling heavily as it crashed into the 200-days EMA support at 0.0227 BTC. Key Support & Resistance Levels ETH/USD: Support: $200,...Read More
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. Filecoin’s (FIL) Mainnet is set...Read More
Even in 2020, there are several banks around the world that will prevent customers from buying or selling cryptocurrencies. One way to circumvent those issues is by utilizing crypto debit cards, even though they rely on the banking system as well. Banks have always had a love-hate relationship with Bitcoin and other cryptocurrencies. Banks Still...Read More
In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. The team at the popular trading platform of Robinhood has announced that the firm has secured...Read More
Bitcoin today crossed $9k in early hours but failed to stall and sloped down to $8,876.73. The price drop may be the effect of US Treasury announcement asking $3 Tn more The Sudden drop creates a feary Index, but the Market sentiment still positive Will the bull returns to $9k level and stall and hit...Read More
Polls surveying over 15,000 people suggest that the majority believe Bitcoin’s price is likely to dump as the halving happens and skyrocket later on. This coincides with the behavior of the cryptocurrency following the previous halvings. Mooning Postponed, Bitcoin Will Dump At Halving A few well-known members of the cryptocurrency community recently initiated polls to...Read More
Dan Morehead, The CEO of Pantera Capital is back again with one more Bitcoin Price Statement, this time he puts down High figures and says the bitcoin price will propel over $500,000 in August 2021 as the 12th may halving effect. What is Pantera Capital? A San Francisco Based Investment firm involved Blockchain, Cryptocurrency Ventures....Read More
A new analysis implies an inverse correlation between the price of Bitcoin and the total supply of USDT on cryptocurrency exchanges. According to it, the declining amount of Tether sitting on exchanges could soon propel another increase in BTC’s price. Bitcoin’s Price Related To USDT On Exchanges? New data compiled by the cryptocurrency monitoring company,...Read More
In the cryptocurrency world, trading different assets back and forth will often help one make a lot of money. Doing so is not straightforward, although there are many tools that can help one achieve this goal. Finding the Right Trading Bot Under normal circumstances, one would trade cryptocurrencies manually. That means manually setting up buying...Read More
