Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios. JPMorgan Renews $146K Bitcoin Price Prediction JPMorgan released an inaugural report of its new publication last week focusing on the outlook for alternative investments, including digital… Source link

The cryptocurrency known as Bitcoin has become widespread across the world, and many peg it as the future of money as we know it. Others have harsher views towards the virtual currency, skeptical of its lasting value and environmental impact. Regardless, the influence this digital currency has is undeniable, and it has kicked off the cryptocurrency craze around the world. But what is Bitcoin? Who created it? How is it made, how much is it worth and what are the many problems… Source link

Image by WorldSpectrum from Pixabay It’s remarkable how far we’ve come in only a little more than a decade. Since its launch in 2009 by the pseudonymous creator Satoshi Nakamoto, bitcoin, the world’s first and largest cryptocurrency by market capitalization and dominance, has seen astonishing rises in value. Taking a look back at when the digital asset saw its first significant price increase, going from trading at a few fractions of a cent to 0.08 cents and then to $1, no one could have… Source link

Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at the same time,the Bitcoin exchange-traded funds (ETF) surpassing $1.2 billion in assets under management has also boosted investors’ expectations. Bitcoin price in USD at Coinbase. Source: TradingView A Nov. 5 CryptoQuant report confirmed that whales have… Source link

Rahul Rai, co-head of Market Neutral at BlockTower Capital. Rahul Rai Rahul Rai, a 24-year-old hedge fund founder, believes ether could overtake bitcoin in the next six or so months. The ethereum token has the potential to “power the rails of all global finance” through DeFi use, he told Insider. Ether has climbed to new highs recently, and there is around $100 billion in total value locked on the network. Sign up here for our daily newsletter, 10 Things Before the… Source link

Rahul Rai, co-head of Market Neutral at BlockTower Capital. Rahul Rai Rahul Rai, a 24-year-old hedge fund founder, believes ether could overtake bitcoin in the next six or so months. The ethereum token has the potential to “power the rails of all global finance” through DeFi use, he told Insider. Ether has climbed to new highs recently, and there is around $100 billion in total value locked on the network. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Crypto hedge fund… Source link

LTC coin price is currently observing consolidation in the daily chart and can soon see a breakout to a new high. It has seen a gain of more than 2.4% in the past 24 hours. The technical indicators of Litecoin suggest a strong upside momentum in price. In contrast, LTC/BTC pair is up by more than 1.6% LTC coin price is currently observing a strong bullish trend and can soon see a new high. Litecoin’s price has seen a gain of more than 2% in the previous trading session and is trading… Source link

In one of the most iconic scenes in American TV history, Jan Brady complains to her parents about all the attention her sister receives. “Marcia, Marcia, Marcia … I’m tired of being in Marcia’s shadow all the time,” Jan whines to her mom on season 3, episode 10 of “The Brady Bunch” in 1971. One could almost hear ether (ETH) kvetch in much the same manner about bitcoin (BTC). After all, ether is up around 500% since Jan. 1 while bitcoin has only doubled in that time. Yet it’s… Source link

At one point in 2019, Litecoin was ranked 4th on the cryptocurrency charts. However, times have changed over the past couple of years and the silver counterpart to Bitcoin is now all the way down at 16th. A strong legacy coin in terms of market popularity is currently lagging behind the likes of meme tokens that were generated out of thin air. However, there is a tenacity associated with LTC, one which has somehow allowed the digital asset to remain relevant. While the likes of Bitcoin… Source link

Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the weekend, as market participants waited for signs of volatility up or down. While impatience was palpable as the week drew to close, words of caution… Source link