Category: Bitcoin

Analysis: Are CBDCs a Threat For Bitcoin or The Opposite?

Ever since Facebook announced its plans to create a digital payment currency dubbed Libra, central bankers have tried to counter it with an invention of their own. While Libra is facing regulatory troubles, a BIS report indicated that over 80% of the world’s central banks are currently developing a central bank digital currency (CBDC). The […]

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JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success

JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success

JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference for bitcoin to gold sets up the crypto for […]

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This Bitcoin IH&S Pattern Could Send It to This Price Target?!

This Bitcoin IH&S Pattern Could Send It to This Price Target?!

The latest price movement of Bitcoin (BTC) after PayPal’s crypto integration sent the cryptocurrency bellwether through $12K and $12.5K resistances. The rise above $13K now leads to a bullish pattern forming in a weekly timeframe. Crypto price analyst and Youtuber, the Moon Carl has pointed out that Bitcoin is currently forming the Inverse Head and […]

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‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days

Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices. He’s also noted this month that he’s “bullish on bitcoin” and hasn’t felt this way since 2016. The former CEO of […]

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Bitcoin Price Could Triple Even After a Modest Switch From Gold, JP Morgan Says

Bitcoin Price Could Triple Even After a Modest Switch From Gold, JP Morgan Says

Despite having a complicated past, it seems that JP Morgan’s love for Bitcoin is growing every day thanks to its potential as an investment and store of value. In a recent report, the American bank shared with its investors an analysis of Bitcoin’s current situation and possible future scenarios regarding prices and fundamental value. The […]

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Binance Bitcoin Futures Markets Clock Highest 24h Volumes as Institutions Go Long

Binance Bitcoin Futures Markets Clock Highest 24h Volumes as Institutions Go Long

With bitcoin’s latest rally beyond the $13,000 mark, it seems like the next bull market is here. It can be seen from BTC markets that have been on fire for the last 7 days, including derivatives. The latest data shows that bitcoin futures markets on Binance have clocked the highest 24h BTC futures volumes amongst […]

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