Category Archives: Bitcoin

The near-term outlook for bitcoin has dimmed, analysts say, with some now seeing a possible extension of Monday’s major price drop. “There could be another dump as outflows from the cryptocurrency exchange Coinbase Pro have dried alongside an increased transfer of coins onto exchanges,â€� David Lifchitz, chief investment officer for Paris-based quantitative trading firm ExoAlpha, […]

The post Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now appeared first on TechFans.

Continuing price volatility around bitcoin and other cryptoassets illustrates the need for, and importance of, stablecoins and other less volatile cryptoassets. getty Bitcoin and other cryptocurrencies had been on a bull run, but with some of the steam being let out of this potential price bubble recently, the need for lower volatility cryptoassets once again […]

The post Bitcoin And Crypto Price Volatility Opens The Door For Further Stablecoin Adoption appeared first on TechFans.

Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9% – CoinDesk  CoinDesk

Source link
The post Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9% – CoinDesk – CoinDesk appeared first on Te…

A visual representation of the digital Cryptocurrency, Bitcoin.
Chesnot/Getty Images

The Bitcoin price hovered around $35,000 and technical analysts said this point was a pivotal one on the daily charts.
A break above this level could push Bitcoin back towards all-time highs around $41,000, while a marked drop below could […]

The post Bitcoin has fallen below $35,000 to key technical levels that analysts say could be make or break for the next move higher | Currency News | Financial and Business News appeared first on TechFans.

A visual representation of the digital Cryptocurrency, Bitcoin.
Chesnot/Getty Images

The Bitcoin price hovered around $35,000 and technical analysts said this point was a pivotal one on the daily charts.
A break above this level could push Bitcoin back towards all-time highs around $41,000, while a marked drop below could […]

The post Bitcoin has fallen below $35,000 to key technical levels that analysts say could be make or break for the next move higher | Currency News | Financial and Business News appeared first on TechFans.

The pioneer cryptocurrency incurred significant losses between 10th January and 11th January. While the correction can be regarded as one of the most significant price drops in BTC’s recent history, whales appear to have bought the dip in hopes of prompt recovery Bitcoin Crashes After an Impressive Bull Run Bitcoin entered an impressive 330% bull […]

The post CEX.IO executive offers technical analysis of BTC appeared first on TechFans.

Bitcoin is about as divisive an investment as anything out there. On one hand, its proponents say it’s the future of currency, set to break the hold that governments have over money. Its detractors, on the other hand, argue that it’s not really worth anything, since its wild volatility and owners’ proclivity to hoard it make […]

The post Buy, Sell, or Hold: Bitcoin Will Beat Stocks in 2021 appeared first on TechFans.

New Zealand’s financial regulator issued a warning alert to local cryptocurrency investors and traders amid the recent bitcoin’s price action. The Financial Markets Authority (FMA) asks people to remain cautious because cryptos are “high risk and highly volatile assets.â€� FMA Warns About Unregulated Overseas Crypto Exchanges According to an official statement published in the NZ […]

The post New Zealand Watchdog Issues Warning on Crypto Investments Following Bitcoin’s Latest Price Drop appeared first on TechFans.

An executive at multinational investment bank Goldman Sachs believes an increase in the participation from institutional investors is the “keyâ€� to stabilizing nascent markets such as cryptocurrencies. Speaking on CNBC’s The Coin Rush on Tuesday, Goldman Sachs’ global head of commodities research, Jeff Currie, said the cryptocurrency market “is becoming more matureâ€� but still has […]

The post Goldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin Volatility appeared first on TechFans.

FRANKFURT (Reuters) – European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed. FILE PHOTO: European Central Bank President Christine Lagarde looks on during a debate on the 2018 […]

The post ECB’s Lagarde calls for regulating Bitcoin’s “funny business” appeared first on TechFans.