Cherry-picking In Cryptoland

Last Sunday, Bitcoin prices crossed the psychological mark of $50,000 after a gap of almost three months, amidst much fanfare and frenzy. The euphoria was albeit short-lived as the prices of many of the coins soon changed course, much to the disappointment of investors who forayed into the crypto space rather recently. In roller-coaster market scenarios like these, it would […]

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Bitcoin Price May Consolidate From Here And Resume Powerful Uptrend In Q4, Says Billionaire Mike Novogratz

Bitcoin’s 32% rally over the past month seems to be a bit exhausted. BTC was abruptly rejected after its attempt to conquer the $51,000 zone a few days ago. The rejection from the critical resistance level saw the world’s largest cryptocurrency by market cap pause for thought, initiating what some pundits had predicted would be a well-deserved pullback. For Mike […]

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Jiayin Group Gains 14% As Quarterly Earnings, Sales Improve

Shares of Chinese fintech platform Jiayin Group Inc. (JFIN) are rising more than 14% Wednesday morning after reporting improved second quarter results. Net income in the second quarter increased 208.5% to RMB126.83 million or $19.64 million from RMB40.64 million in the same period a year ago. Net income per share was RMB0.59 or $0.09 compared with RMB0.19 last year. Revenue […]

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Amid BTC Boost, Popular Crypto Whale Affirms Bitcoin Likely To Tank Below $30k By Autumn

It appears that “CryptoWhale,” a popular crypto personality known for unapologetically sharing his thoughts on cryptocurrencies, especially Bitcoin has sighted a possible bear market in the near term. CryptoWhale tells how Bitcoin could shed off $18,000 from current price  In his usual fashion, the market analyst took to Twitter to explain why he thinks that Bitcoin will fall below $30,000 […]

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Multi-Billion Dollar Assets Management Firm Neuberger Berman Wants To Invest 5% Of $164M Commodities Fund In Bitcoin

Multi-billion dollar assets management firm Neuberger Berman intends to invest up to 5% of its $164 million commodities mutual fund in bitcoin effective immediately, according to its latest amended filing with the US Securities and Exchange Commission (SEC). The New York-based firm announced that it wants to gain indirect exposure to bitcoin by way of Bitcoin futures and BTC exchange-traded […]

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