News

French Competition Watchdog Mentions Rapid Development of Crypto Assets

The French Competition Authority, called Autorité de la concurrence, is looking for feedback from the public and fintech industry executives on the evolution of the payments industry...

Anatol Antonovici | 9 mins ago
News

JPMorgan to Pay $2.5M to Settle Crypto Fee Class Action

JPMorgan Chase Bank NA, the consumer and commercial branch of US banking giant JPMorgan, agreed to pay $2.5 million to settle a class action lawsuit. The suit is related to its...

Anatol Antonovici | 2 hours ago
Bitcoin Crypto
Bitcoin

Why Goldman Sachs Scathing Crypto Report Is Still Positive For Bitcoin

Yesterday, multi-trillion-dollar asset management firm Goldman Sachs held a call regarding Bitcoin that was especially scathing. Although the firm trashed cryptocurrencies, there are a...

Tony Spilotro | 3 hours ago
Bitcoin

There’s a Silver Lining to Goldman Sachs’ Scathing Bitcoin Presentation

Despite the recent rally and macro developments boosting Bitcoin, the cryptocurrency came under fire by analysts at Goldman Sachs on Wednesday. In a May 27th client call entitled...

Nick Chong | 8 hours ago
bitcoin, cryptocurrency, btcusd, btcusdt, xbtusd, crypto
Bitcoin

3 Crucial Reasons Why Bitcoin Risks Crashing to Sub-$6,000 Levels

Bitcoin price plunged by nearly 10 percent after failing to sustain above $10,000. The cryptocurrency has covered part of its recent losses, now trading above $9,100. But a confluence...

Yashu Gola | 10 hours ago
bitcoin, cryptocurrency, btcusd, btcusdt, xbtusd, crypto, spx, s&p500, gold, xauusd
Bitcoin

Buy Bitcoin if S&P 500 Corrects Lower, Fund Manager Suggests

Investors should consider buying Bitcoin if the S&P 500 breaks lower, according to Victor Dergunov, co-founder of Albright Investment Group. The cryptocurrency’s upside...

Yashu Gola | 13 hours ago
bitcoin price
Bitcoin

4 Fundamental Reasons Why Bitcoin Demand Is Poised to Explode to Highs

Like most other markets, Bitcoin’s price is predicated on supply and demand dynamics. This is depicted in the chart below, with the equilibrium price of an asset being related to...

Nick Chong | 17 hours ago
Bitcoin

Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading...

Cole Petersen | 19 hours ago
Bitcoin

Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now...

Cole Petersen | 22 hours ago
Bitcoin

Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week

Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a...

Cole Petersen | 24 hours ago
Russia Crypto News

Here’s Why a Lawyer Thinks Russia’s Cryptocurrency Ban is Unconstitutional

Recently, NewsBTC reported that Russia planned to criminalize the use of cryptocurrency, as stipulated in the latest draft bill “on digital currency.” However, Russian lawyer...

Anatol Antonovici | 1 day ago
bitcoin sp 500 stock market great depression
Bitcoin

Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great...

A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further...

Cole Petersen | 1 day ago