Repo Markets Gain Another $70 Billion, USD Continues to Weaken
The New York Fed provided another massive cash injection into the repo market, this time adding over $70 billion. According to recent reports, the Federal Reserve Bank of New York...
Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit...
Bitcoin critics say that the cryptocurrency should never be regarded as a means of exchange because it’s mostly used for speculation. Fundstrat’s Thomas Lee disagrees with this...
Bitcoin (BTC) Price Screams Buy As US Dollar, Stocks Rally
All’s well that end’s well. The US stock market seemed to have followed the message in spirit as it started the week and ended the month today on a ‘green...
Will The Next World Reserve Currency Be a Crypto?
The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence...
‘10K Is The New 6K,’ Says Popular Bitcoin Trader
As bitcoin prices continue to post strong rallies, traders are looking at higher potential valuations for BTC/USD on a long-term trend basis. Not surprisingly, many of these...
Bitcoin to Benefit From Federal Reserve’s Aggressive Easing
The US Federal Reserve’s (Fed) aggressive easing might support Bitcoin’s bullish price trend at least up to 2020. Meanwhile, the cryptocurrency might also get a parallel boost from...
Bitcoin Traded Most With Asian Fiat Currencies: Report
There are many metrics to ascertain the popularity of bitcoin and cryptocurrency trading in different geographic regions across the world. One of them is the most traded fiat...
Bitcoin Cannot be Banned, But Can it Be…?
On Tuesday, Senate Banking Committee Chairman Mike Crapo said that the US couldn’t technically ban Bitcoin, given that it is a global innovation. However, in theory, there does exist...
Tom Lee Expecting Bitcoin Bull Run as USD Weakens
Bitcoin has been consolidating for most of the week, range bound between $10.2k and $9.6k. The monthly trend is still down but some industry experts foresee renewed action this weekend...
Bitcoin Price Analysis: Whales Test Weak Hands At Key Support
Bitcoin whales are attempting to shake out emotional traders today, as the price finds itself back on the main support of a bullish pennant pattern. Will HODL’ers be able to hold...
President Trump’s Crypto Tweet ‘Wildly Bullish’ For...
US President Donald Trump practically lives on Twitter so anything he tweets gets a global audience. Whether positive or negative, his tweets get noticed so a recent comment on bitcoin...
Japanese Yen Overtakes the US Dollar in Bitcoin Trading
The Japanese Yen (JPY) has surpassed the USD in terms of worldwide bitcoin trading in the past 24 hours. Japanese Yen Tops Dollar According to data from Coinhills, the JPY has...