Bitcoin has for the first time in its history recorded 9 red weekly candles in a row. Traders have become wildly bearish and fear is at its peak as the Bitcoin Fear and Greed Index indicates. After reaching an all-time high of close to $70,000, Bitcoin has since crashed by more than 55% to under $30,000 and has since been […]

Key takeaways: Weiss Ratings believes that Bitcoin and the crypto markets are being dominated by the ongoing monetary policies of various global central banks. They forecast an inflationary future where current politicians lose their jobs for plunging the world into a deflationary depression. Bitcoin and crypto will finally move upward when new legislators pressure central banks into reversing their tightening […]

Key takeaways: MicroStrategy’s CEO, Michael Saylor, has warned that the US inflation at 8.6% has not peaked. Mr. Saylor offers some hope in that he believes Bitcoin has also not peaked in value. Anthony Pompliano thinks that the US inflation is probably in the double digits. In terms of finding a bottom, Bitcoin could eventually fall lower to $21k or […]

Crypto markets are eagerly waiting for the U.S. Bureau of Labor Statistics to release of the annual CPI readings for May so as to assess the extent of price pressures still persisting in the economy. The CPI had increased 8.3 percent in the 12 months ending April, versus the 8.5 percent increase for the period ending in March. The core […]

Bloomberg commodity strategist Mike McGlone has revealed he believes the price of Bitcoin ($BTC) could still hit $100,000 by 2025 once the ongoing bear market in risk assets subsides and valuations recover again. In an interview with Kitco News’ Michelle Makori, McGlone revealed he expects the flagship cryptocurrency to outperform other asset classes once risk assets start recovering in what he […]

Shares of Yext, Inc. (YEXT) are up more than 7% Thursday morning after its bottom line for first quarter came in better than the Street estimates. Yext is a technology company operating in the area of online brand management. Excluding one-time items, loss per share was $0.06 in the first quarter, that beat the average estimate of analysts polled by […]

Digital payments firm PayPal has enabled the native transfer of cryptocurrencies such as Bitcoin and Ethereum, between the customers PayPal account and other wallets and exchanges. The facility will currently be available only to select U.S. users starting today. It will be rolled out to all eligible U.S. customers in the coming weeks. This comes nearly two years after the […]

The likely course of the ECB’s monetary policy and the current state of inflationary pressures in the U.S. economy remained the focus of investor speculation and market sentiment globally. ECB policy would be known later in the day whereas inflation readings from the U.S. are due on Friday. Asian markets finished mostly lower. European equity markets are also trading lower. […]

Bitcoin ($BTC) whales have seemingly been dictating the price of the flagship cryptocurrency over the last few weeks, as analysts have noticed local tops and bottoms have seen significant whale activity. According to researchers from Whalemap, large wallet inflows have been seen near local tops and bottoms, seemingly as large BTC holders choose to buy or sell the cryptocurrency near […]