Peter L. Brandt is the founder and CEO of Factor LLC, a global trading company where he trades proprietary capital, foreign exchange, futures, fixed income, and equities markets. He has authored books and is always one of the active members who make predictions in the crypto industry. He spoke out about those who have recently...Read More
Peter Brandt, a seasoned trader, and analyst tweeted holiday greetings to his 690,400 followers on Thursday. It was, however, in the form of a coded message relating to Bitcoin. Brandt posted a Bitcoin price graph that included a holiday tree and a Merry Christmas message. As you can see, the base of the tree is...Read More
The leading cryptocurrencies have been demonstrating a strong trend as we woke up to another piece of good news about SBF being refused bail and required to be imprisoned until February of the next year. The publication of the Consumer Price Index (CPI) statistics for the month of November may be credited for the unexpected...Read More
In November, the U.S. consumer price index (CPI) rose 0.1% from the previous month, slower than the 0.4% pace in October. This is a sign that the Federal Reserve’s efforts to bring down inflation are making progress. The data also boosted cryptocurrency prices, as less-worrisome consumer-price increases may give the Fed more room to relax...Read More
Cryptocurrency investors have had a rough 2022, what with Bitcoin’s terrible price drop and Luna’s tragic end. The recent crash of FTX, a prominent exchange for trading digital currencies, has unfortunately halted the cryptocurrency market’s rebound during the past six months. However, why did FTX collapse? A few issues surfaced, but nothing was made clear....Read More
The king cryptocurrency, Bitcoin, finally crossed the important $17,000 resistance level on December 5 and is currently marching towards $17,600. Due to the uncertainties surrounding the FTX collapse, the leading cryptocurrency fell to a yearly low of $15,700 in November 2022. The price of bitcoin has dropped nearly 74% since reaching an all-time high of...Read More
Former FTX CEO Sam Bankman-Fried has received a significant share of criticism following the sudden collapse of the FTT token and its subsidiaries. With a congressional hearing on FTX collapse slated for next month, Bitcoin maximalists have taken to the social media stages to advocate for its prowess. Jack Dorsey – a Bitcoin supporter and...Read More
Despite significant advancements in energy efficiency and sustainability, Bitcoin’s energy consumption has increased by 41% year over year (YoY). However, there are worries the increase may prompt regulators to crack down on crypto mining. As a reward for validating transactions and protecting the network, crypto mining is one of the primary ways that people can...Read More
Bitcoin started attracting buyers after it began to float around the $18,000 price level. BTC quickly climbed the chart two weeks later. However, the coin’s technical outlook suggested that the bears hadn’t given up just yet. BTC may surpass the $20,000 price level if the bulls are able to maintain their momentum during the coming...Read More
The creator of BitMEX, Arthur Hayes, explains how he chooses the altcoins that he believes will perform best in the upcoming crypto cycle. In his recent interview with Real Vision, Hayes stated that he searches the market for initiatives that seem to have sufficient adoption and credibility to last over time. “I assume you have...Read More
According to former Goldman Sachs executive Raoul Pal, one competitor to Ethereum (ETH) is poised to overshadow the rest of the market. He predicts that during the next bull cycle Solana (SOL) will outperform major Altcoins. Pal: Decoding the Altcoin which may drive the bulls The analyst has pointed out that Solana (SOL) blockchain has...Read More
The two biggest cryptocurrencies, Bitcoin and Ethereum, both fell by almost 8%, wiping out any gains made earlier in the week. The BTC price was able to climb above the $20,000 resistance level thanks to the bulls. Near the $20,500 region, the price encountered a significant rejection and is now trading below $20,000. Overall, below...Read More
In a recent interview with Bloomberg, Michael Purves came forward to say that he had a highly bearish outlook on Bitcoin, which has been on since January. He further claimed that last week, his company made a short bet with a target of $15,000. On analyzing the current market downtrend, Purves stated that the long-term...Read More
Federal Reserve Chairman, Jerome Powell, solidified his hawkish position on Friday by talking about the importance of rising interest rates to battle inflation. This caused the world’s financial markets to crash. In response to the bleak market situation, Robert Kiyosaki, the best-selling author of “Rich Dad, Poor Dad,” has warned all investors about a potential...Read More
Fidelity’s Director Comments On The BTC and ETH Price Bitcoin and the overall cryptocurrency market have experienced a tremendous run-up over the past 45 days since the start of July 2022. In a series of tweets on Friday, Jurrien Timmer, director of Global Macro, in the global asset allocation section of Fidelity Investments, discussed his...Read More
Bitcoin is garnering interest from the oil and gas industry and is spiking concern for using renewable energy for operations. Sad State Of BTC Mining The “cost to mine Bitcoin” in the United States has recently caused a movement in the BTC price that has attracted interest from the crypto world, particularly because BTC miners...Read More
Jim Cramer is a CNBC host and well-known stock market commentator.He hosts a show called “Mad Money” . Earlier today Jim Cramer said that, crypto currency has no value will having an interview . By saying this he embarked his statement with analysis. He stated that why should the crypto market elevate down from $3trillion...Read More
On May 9th, 2022, Terra (LUNA) made international headlines after its stable coin, UST lost its peg for the second time in two days. The fear that followed resulted in the Terra ecosystem collapsing on May 10th. Terra has lost 99 percent of its value in just 48 hours. The crypto community has been outraged...Read More
Ethereum is one of the most popular cryptocurrencies on the market, despite its present pricing, which is far from ideal. It has been hit by the general market downturn that has wracked the crypto industry, and it has now lost its footing above $3,000, a critical level for the digital currency. Nonetheless, according to reports...Read More
Mark Cuban, the Shark Tank star and millionaire, has revealed his crypto portfolio, which includes various non-fungible tokens (NFTs) and Ethereum-based altcoins (ETH). The data exchange platform Ocean Protocol (OCEAN), cross-chain smart contract protocol Rarible (RARI), the governance token of the Olympus DAO (gOHM), and music streaming blockchain Audius are among Cuban’s top cryptocurrency holdings,...Read More
Tom Lee, the managing partner of research boutique Fundstrat put forth his opinion that Bitcoin will raise up to $10,00,00, via Twitter. Bitcoin’s bull run from over a month broke its streak 2 days ago, There has been a 20% fall. Bitcoin was at $58000 and came tumbling down to $46000. Despite the volatile trend,...Read More
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support...Read More
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. The new stats could indicate a continuous trend of capitulation by XRP investors. Times have drastically...Read More
In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. However, it could be due to the Just (JST) token scale next month and the allure of staking TRX....Read More
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin...Read More
In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The King of Crypto is hovering around $7,200 and looks set to start a climb up to $8,000. For the last 72 hours, Bitcoin...Read More
In brief: The team at Binance has completed one of the largest coin burns of BNB to date. The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March. In December of 2018, Ethereum World News hinted that Binance...Read More
In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the...Read More
In brief: In a previous analysis of ETH/USDT, we had identified $148 as a solid support zone. ETH/USDT tested this support zone twice, bouncing off of it on the 16th of April. ETH/USDT is currently valued at $170 and looks set to continue on its upward trajectory towards $200. With the Bitcoin (BTC) halving now...Read More
In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s. Bitcoin and Crypto enthusiasts have been monitoring Gold in...Read More
