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Bitcoin Rally To $8,000 Smells Like Late-2017: JP Morgan Analysis

Save for Friday’s sudden selloff, Bitcoin (BTC) has been on an absolute tear over the past few weeks. Since early-April, the asset has moved from $4,200 to a recent peak of $8,350 — effectively a gain of 100% — and is seemingly preparing…
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If History Rhymes, Bitcoin (BTC) May Retrace To High-$5,000s

What a week it’s been for Bitcoin (BTC). In the past 72 hours, the asset has rallied from the low-$6,000s to $7,500, then to $6,900 (current), driven by a newfound sense of hype, passion, and belief in the cryptocurrency cause. However,…
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Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto

While the upward price pressure has slowed, resulting in Bitcoin (BTC) posting a mere 0.15% gain in the past 24 hours, some are sure that the cryptocurrency’s chart structure remains bullish. Murad Mahmudov, a founding partner at up-and-coming…
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Ethereum Development Keeps Pace With Crypto Boom: Proof of Stake Is On Its Way

As the price of Bitcoin (BTC) and other crypto assets have boomed, so have the underlying fundamentals of this embryonic space. Reports have revealed that Ethereum (ETH) may soon transition to the early stages of Proof of Stake (PoS) integration,…
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Fundstrat: Bitfinex $1B IEO Raise Could Pressure Bitcoin (BTC) Lower

On Saturday, reports revealed that Bitfinex, one of the largest crypto exchanges in existence, unveiled official plans to sell $1 billion worth of an asset called LEO. While this seems innocuous, a leading analyst warns that it could be a detriment…
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Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now]

Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have…
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Analyst: Bitcoin Isn’t ‘Hungover’ Anymore, But Don’t Expect A Rally Just Yet

As traders have begun to realize that the news regarding the financial status of Tether Limited (USDT’s issuer) and Bitfinex isn’t all too harrowing, Bitcoin (BTC) has recently stabilized. In fact, analysts have claimed that the…
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Investment Firm: Bitcoin Might Already Be Better Than Gold, Here’s Why

Satoshi Nakamoto, the pseudonymous creator of the Bitcoin (BTC) project, always expressed an inkling of mistrust and cynicism towards centralized institutions, including Wall Street and the incumbent government. This theme was only accentuated…
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Bitcoin Likely Bottomed At $3,150, Could Rally To $10K By December 2019

Has Bitcoin (BTC) bottomed? This is the question that has pained crypto investors since BTC plummeted to $3,150 in the middle of December. While some, especially those subscribed to the Hyperwave theory, claim that cryptocurrencies are poised…
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Vitalik Buterin Remains Confident About Ethereum 2.0 Development Amid Concerns

As put by countless stakeholders and commentators on Twitter and Reddit, crypto assets are much like sports teams. In other words, investors will stop and nothing to see their favorite projects succeed, whether it be Bitcoin (BTC), Ethereum…