30% Bitcoin Price Boom Coincides With Dow Jones Surge to Near Highs
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset. However, it seems that the cryptocurrency is still at least macro and tangentially correlated with…
Bitcoin Smashes Past $13,000: What Fundstrat Says is Behind BTC’s Strength
Last week, Bitcoin was nursing a heavy hangover, which took hold of the cryptocurrency market after BTC hit and failed to break through $13,800. BTC was in the dumps, having lost 30% from its year-to-date high, and altcoins were doing even worse,…
Bitcoin May be up 14.9% But Tom Lee Expects “Real FOMO” after $10,000
BTC is steady above $8,500, add 14.9 percent
Prices in an uptrend but real FOMO is after $10,000 says Tom Lee
Tom Lee is an ardent Bitcoin supporter. Contrary to the mainstream view, he believes real FOMO for BTC will begin after prices rally…
Tom Lee of Fundstrat: Bitcoin Bulls to Return in 2019
Tom Lee of Fundstrat Global Advisors has once again given cryptocurrency market predictions. The long-term Bitcoin bull stated earlier that sentiment will once again turn positive during 2019.
Lee draws on technical, macro, and fundamental indicators…
Bitcoin Immediately Recovers From Winklevoss ETF Rejection, and It’s a Good Thing
As reported by NewsBTC on Thursday, the U.S. SEC rejected a revised proposal for a Bitcoin ETF backed by the Winklevoss Twins. The market immediately took a dive, with Bitcoin and a majority of altcoins posting 4-5% losses on the day. The rapid…
Crypto Week In Review: Sentiment Starts To Shift As Bitcoin Moves Up 15%
Sentiment regarding the cryptocurrency market took a large shift this past week, as Bitcoin rallied 15% due to a series of positive technical and fundamental indicators.
IBM To Use Stellar-Based Stablecoin For Faster Financial Payments
IBM,…
