Category Archives: Bitcoin

JPMorgan Sees $146,000-Plus Bitcoin Price as Long-Term Target

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s […]

The post JPMorgan Sees $146,000-Plus Bitcoin Price as Long-Term Target appeared first on TechFans.

Four factors that are pushing investors into buying bitcoins

However, investors whom Mint spoke to build a case for bitcoin apart from just momentum. In this piece, we look at the reasons for their interest in the cryptocurrency. A substitute for gold Gold rose around 27% in 2020. It has a been a traditional favourite among Indian households, but its return has been far […]

The post Four factors that are pushing investors into buying bitcoins appeared first on TechFans.

Anthony Scramucci’s Skybridge investment firm launches bitcoin fund

Scaramucci’s firm, SkyBridge Capital, officially launched the SkyBridge Bitcoin Fund LP on Monday. It’s a fund geared towards wealthy investors looking for exposure to the high-flying crypto. The fund currently holds about $310 million worth of bitcoin (XBT). The minimum investment is $50,000. “This is digital gold and it is easier to transfer. We love […]

The post Anthony Scramucci’s Skybridge investment firm launches bitcoin fund appeared first on TechFans.

How Jim Cramer Is Approaching Tesla, Bitcoin as Stocks Sell Off Monday

It’s 2021 and TheStreet Live with Jim Cramer and Katherine Ross is back. There are a number of big headlines that investors are carefully watching this morning, including bitcoin’s tumble and the Tesla deliveries that were announced this morning.  Over the weekend, bitcoin topped $34,000 and this after hitting $30,000 for the first time.  As […]

The post How Jim Cramer Is Approaching Tesla, Bitcoin as Stocks Sell Off Monday appeared first on TechFans.

Nick Maggiulli: Why I’ve Changed My Mind on Bitcoin

There comes a point in every investor’s journey when he must admit he is wrong about something. In my case, I was wrong about bitcoin and whether it would ever be considered a legitimate asset class. This realization dawned on me in the last month when the price of bitcoin passed its December 2017 highs of $20,000.  […]

The post Nick Maggiulli: Why I’ve Changed My Mind on Bitcoin appeared first on TechFans.

‘$2,300 is gold’s key level’: Georgia Senate runoffs, bitcoin crash to boost prices to new highs – OANDA

(Kitco News) The new year will bring in more uncertainty, and gold prices will thrive on more stimulus, inflation risk, and bitcoin’s bubble bursting, according to OANDA senior market analyst Edward Moya.
“2021 is going to be a very strong year for gold. I am very bullish. $2,300 will be a key […]

The post ‘$2,300 is gold’s key level’: Georgia Senate runoffs, bitcoin crash to boost prices to new highs – OANDA appeared first on TechFans.

Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up

Over-leveraged bitcoin investors in the derivatives market led to Monday’s sell-off while ether spot and futures markets are starting to get a lot more attention. Bitcoin (BTC) trading around $31,444 as of 21:00 UTC (4 p.m. ET). Slipping 5.7% over the previous 24 hours. Bitcoin’s 24-hour range: $28,154-$33,562 (CoinDesk 20) BTC slightly below its 10-hour […]

The post Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up appeared first on TechFans.

Bitcoin Slips, Tesla Rallies on 500,000 Mark | Stock Market News

Early morning gains quickly turned to losses on the first trading day of 2021 Monday, as a mixture of anxiety over global coronavirus shutdowns and political uncertainty combined to turn Wall Street red. As another chapter of the pandemic’s story unfolds, British Prime Minister Boris Johnson unveiled a fresh round of lockdowns, spurred by a […]

The post Bitcoin Slips, Tesla Rallies on 500,000 Mark | Stock Market News appeared first on TechFans.

Analysts Explain Why Bitcoin’s Price Is Going Crazy This Weekend

In brief Bitcoin hit $34k on a bull run that has seen it more than triple in value There are a few reasons why. Is Bitcoin crossing over into the mainstream? Bitcoin smashed all expectations today. It accelerated past $30k in the early hours of January 2nd to knock past $31,000 and $32,000 this afternoon, […]

The post Analysts Explain Why Bitcoin’s Price Is Going Crazy This Weekend appeared first on TechFans.