Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts say “we will never see Bitcoin back at X price again,” only to see it plunge well below that level a few months later?  It doesn’t matter how experienced a person is or how connected in the industry. Bitcoin’s (BTC) 55% volatility must be taken seriously and the impact this has on altcoins is usually stronger during capitulation-like movements. I was… Source link

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Last November, when cryptocurrency was skyrocketing to new heights and Bitcoin was one of the red-hot financial vehicles of 2021, the mobile payment service Cash App grabbed some trending headlines through partnerships with two headlining NFL names: Green Bay Packers quarterback Aaron Rodgers and Los Angeles Rams wideout Odell Beckham Jr. The significance: Both players endorsed Bitcoin and announced plans to take portions of their 2021 salaries in the cryptocurrency during a month when… Source link

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

by Analytics Insight January 25, 2022 Here are the 25th crypto updates about Bitgert, Solana, Cardano, Avalanche, etc. It’s 25th January, and the crypto market is showing some stability, with most of the cryptocurrencies either green or having made a significant recovery for the last 24 hours. At the time of this writing, Bitcoin was green, having recovered from the past 24 hours dip and gained 2% in the green zone. This is a sign the market might be heading for a breather. Apart from… Source link

Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed may spark fresh volatility Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $36,000 on Tuesday, with maximum 24-hour gains totaling 14% versus Monday’s floor.  Bitcoin’s correlation to equities remained in focus ahead of a fresh Wall Street open and key information… Source link

Solana, Cardano, Matic, Avalanche, Litecoin Crashing, Bitgert & Centcex – Best Crypto To Buy In This Market Condition? by Analytics Insight January 25, 2022 This article features top cryptos like Bitgert and Centcex that are worth buying in 2022 The market has been crashing, and this month alone, there have been three plunges that brought the crypto prices to figures last seen in July 2021. Bitcoin and Ethereum were among the hardest hit. But the crash is also the best time to buy more… Source link

Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken March 13, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Jan 25 (Reuters) – Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums. This drift towards the mainstream, driven by the big bets of institutional… Source link

Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers. Data from on-chain monitoring resource CryptoQuant shows that as of late December, Bitcoin exchanges have begun to shed their BTC reserves once more. BTC conspicuously attractive at current levels After a period of traders sending BTC to exchanges, possibly to sell or to have on the side to divest away from further losses, exchanges are now seeing larger overall… Source link

Bitcoin’s pseudonymity was originally a big part of its appeal to new users, but that pseudonymity has become strained over the years as government regulators, blockchain analytics firms and others began surveilling the Bitcoin public blockchain. In a bid to restore balance, various developers and organizations are working to improve bitcoin privacy and make it easier to implement using techniques such as CoinJoins and coin burns. This article is part of CoinDesk’s Privacy Week series. But… Source link