Bitcoin Cycles and How They’ve Evolved Over Time
Published by ValueWalk When trying to understand the potential future price growth of an instrument, there are a variety of ways to do that, depending on the asset class. When looking at a commodity, like oil, analysts tend to reference…
Rumors of cryptocurrency’s death are still greatly exaggerated
Published by Philippine Star Thomas L. Knapp (The Philippine Star) – May 26, 2021 – 12:00am Elon Musk is a man of many skills. He didn’t just make electric cars sexy, he sent one to space. Perhaps chief among his…
Are some banks on wrong side of history on cryptocurrencies?
Published by ValueWalk Banks and other financial institutions who still refuse to recognize major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history, says the CEO of one of the world’s…
Asia shares track Wall Street higher as inflation worries recede
Published by Reuters By Julie Zhu HONG KONG (Reuters) -Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes. MSCI’s…
Tokyo stocks rise in morning after Bitcoin, U.S. rates concerns ease
Published by Kyodo News Tokyo stocks rose Tuesday morning as investor sentiment improved with the Bitcoin rebounding from recent drops and U.S. long-dated bond yields declining overnight. The 225-issue Nikkei Stock Average added 169.66 points, or 0.60 percent, from Monday…
Wall Street climbs on tech gains as U.S. Treasury yields dip
Published by Reuters By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks climbed on Monday, with the Nasdaq jumping more than 1% as a retreat in U.S. Treasury yields helped lift expensive stocks in sectors such as technology as investors…
Cryptocurrencies bounce back after Sunday plunge
Published by Reuters By Tom Wilson, Tom Westbrook and Stephen Culp NEW YORK (Reuters) -Cryptocurrencies rebounded on Monday, reclaiming ground lost during a bout of weekend selling that was fuelled by further signs of a Chinese crackdown on the emerging…
Shares wary on U.S. inflation, battered bitcoin charts recovery
Published by Reuters By Tom Arnold and Wayne Cole LONDON/SYDNEY (Reuters) – Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from its hammering on news of China’s…
Crypto miners halt China business after Beijing cracks down, bitcoin dives
Published by Reuters SHANGHAI (Reuters) -Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State…
Bitcoin falls 11.3% to $33,250, ether down 16.6%
Published by Reuters (Reuters) -Bitcoin dipped 11.33% to $33,250 at 16:00 GMT on Sunday, losing $4,248.98 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 48% from the year’s high of $64,895.22 on April 14. Ether,…