Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading...
3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Here are the top three risks the...
Analysts Explain Why Bitcoin Bearish Correction Could Turn Worse
Bitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The...
Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date
Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies. The rally also appeared as the US dollar fell to its lowest...
Bearish For Bitcoin: Nasdaq Forms Exact Signal Seen at Dotcom Bubble Peak
A common narrative that has cropped up in the crypto space is that Bitcoin is just tracing the price action of the stock market. In June, a team of analysts at Wall Street bank JP...
Investors Expect Bitcoin Price to Rip to $11,000 Before the Nasdaq Hits 11k
After a brutal liquidation event in March on the back of pandemic fears, both Bitcoin and stocks have mounted an impressive comeback. Yet it is cryptocurrencies that are leading the...
Fading Bitcoin Volatility Versus NASDAQ May Signal Bull Market Is Here
Bitcoin and the cryptocurrency asset class has earned itself notoriety for just how volatile price swings can be. Bitcoin’s meteoric rise to $20,000 followed by a fall to $3,200...
Bitcoin, Gold are Not Rising Because of Major Market Manipulation
Bitcoin and Gold ditched their safe-haven narratives to move alongside the risky U.S. equities amid a global healthcare crisis. While Bitcoin crashed to below $4,000 in an overnight...
How Stock Market Bubble Fears Could Fuel Crypto Investment
Crypto markets have corrected today but stock markets continue to surge despite mounting warnings of economic despair ahead. When the bubble bursts will investors turn to digital...
Nasdaq Issues Warning to Bitcoin Mining Company
According to recent reports, Nasdaq recently notified Golden Bull Limited, warning the company that it is no longer compliant with listing rules due to the lack of Form 6-K. Golden...
Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%
Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto...
Is Chinese Bitcoin Mining Firm Canaan’s $400M IPO a Desperate Move?
Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy? Volatility is usual for...