Cryptocurrencies traded close to the flatline on Thursday even as world market sentiment remained cautious ahead of key data releases from the U.S. as well as the Fed’s review next week. The producer price inflation due on Friday, the consumer price inflation release scheduled for Tuesday and the Fed’s decision to be known on Wednesday dominated market sentiment. Stock markets […]

On Tuesday (6 December 2022), Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the crypto market. In the latest edition of Bloomberg Intelligence’s “Crypto Outlook” report, McGlone (and the three contributing analysts he worked with on this research) said: “It’s been one of the most severe drawdowns in crypto history, yet the Bloomberg […]

Billionaire investor Tim Draper, the founder of Draper Associates and one of Silicon Valley-s best-known investors, has doubled down on his $250,000 Bitcoin ($BTC) price prediction, saying the cryptocurrency will hit that mark by June of next year. According to CNBC, Draper predicted the flagship cryptocurrency will still rise nearly 1,400% in less than a year despite the collapse of […]

Bitcoin risks plummeting by another 70% to $5,000 come next year, according to Eric Robertson, the Global Head of Research at Standard Chartered Bank. In a Sunday statement, the pundit, also the bank’s chief strategist, warned of bitcoin pulling the “surprise move” come 2023, catching investors who believe the crypto market has bottomed unaware. The plunge could be caused by […]

A popular cryptocurrency analyst that successfully called last year’s market collapse has recently commented that he believes the price of Bitcoin ($BTC) could hit a $350,000 peak per con in the next five years. In a tweet the pseudonymous analyst Dave the Wave shared with their over 130,000 followers on the microblogging platform, based on Bitcoin’s Logarithmic Growth Curve (LGC), […]

Mark Yusko, the Founder, CEO and Chief Investment Officer of SEC-registered investment advisor Morgan Creek Capital Management, LLC, explained in a recent interview why he believes that long term the price of Bitcoin ($BC) is going to $250,000. Yusko’s comments were made during an interview (released two days ago) with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, “a subscription-based publisher of financial information and […]

On Thursday (1 December 2022), entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, explained why he is currently more bullish on Ethereum ($ETH) Earlier today, Gokhshtein told his over 703K Twitter followers: Here is how ETH-BTC has performed over the past five-day period: On 21 October 2022, Arthur Hayes, Co-Founder and former CEO of BitMEX, explained why […]

Shares of Arco Platform Limited (ARCE) are rising more than 21% Thursday morning after the company said it received a buy-out proposal from General Atlantic L.P. and Dragoneer Investment Group, LLC. The purchase price proposed by the companies is $11 per share, a 22% premium over the closing price of 9.04, as on November 30. Arco Platform, a technology company […]

On Tuesday (29 November 2022), Jason A. Williams, a founding partner of Morgan Creek Digital Assets, and the author of the book “Bitcoin: Hard Money You Can’t F*ck With“, explained why this could be a great time to buy Bitcoin. Williams told his over 207K Twitter followers: “BREAKING #BITCOIN MINING NEWS : Miner Capitulation is in full effect. Hash rate dropping […]