Forecast - Tag Archives - Cryptonews (Page 13)

US Fed Inactivity May Lead Bitcoin to Moon, But a Negative Impact is Possible

The US Federal Reserve (Fed) is set to wrap up its two-day meeting today, ending with Chairman Jerome Powell holding a press briefing - and with many expecting lack of action to follow, the Cryptoverse insiders see this as potential fuel for the rocket that'll take bitcoin (BTC) and other cryptos...

, by Sead Fadilpašić

Bitcoin Mega Bull MicroStrategy CEO Gives Hope To Ethereum, Altcoins

Different cryptoassets serve different purposes, and bitcoin (BTC) is not the only cryptoasset that could have a bright future ahead, but it could take time for market newcomers to grasp those distinctions, according to one of the biggest BTC bulls, Michael Saylor, CEO of software developer...

, by Jaroslaw Adamowski

Ethereum Miners Can Transition to These Coins and Boost Their Values

Ethereum miners will have plenty of options. However, different consensus algorithms also require different types of hardware optimizations. Ethereum ASICs will most likely become obsolete.By now, every Ethereum (ETH) fan knows that this blockchain is in the process of switching from a...

, by Simon Chandler

Bitcoin Needs To ‘Turn The Ship Around’ As Ethereum In Uptrend Already

Until bulls run again, bitcoin (BTC) can be expected to consolidate or go lower, while ethereum (ETH) remains in a "bullish uptrend," according to analysts at Kraken Intelligence. Whatever comes next is to follow a market-wide sell-off, the worst correction since March 2020, preceded by a flurry...

, by Sead Fadilpašić

Inflation Might Keep Rising in 2021 – But What Happens Next?

Brigitte Granville, Professor of international economics and economic policy, Queen Mary University of London. ____The US Federal Reserve has just reassured the markets that it doesn’t expect inflation to get out of hand in the coming months. It comes as concerns about serious inflation...

, by Brigitte Granville

Bitcoin Should Be Treated as a Five to Ten Year Investment – Kraken CEO

Despite the recent sharp correction in the crypto market, Jesse Powell, Co-founder and CEO of major crypto exchange Kraken, still claims that one bitcoin (BTC) will buy you a Lamborghini (starts at USD 200K) by the end of the year, but he stressed that people should not gamble with their...

, by Eimantas Žemaitis

From Speculation to Allocation: Crypto Markets Seeing a Paradigm Shift

There's a paradigm shift from pure speculation to tactical allocation in the crypto market as investors are locked in an accumulation phase and are holding their positions with a medium- to long-term view, according to digital asset investing firm CoinShares."This trend is also highlighted by the...

, by Jaroslaw Adamowski

DeFi Spectacular Returns Unsustainable In Long-Term – Research

Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper."[DeFi] remains immature, with a variety of unresolved economic, technical,...

, by Jaroslaw Adamowski

Top Altcoins Traded by Crypto Funds In 2020

While some 56% of surveyed crypto hedge funds declare that bitcoin (BTC) was responsible for at least half of their daily crypto trading volume in 2020, with 15% of the funds trading solely in bitcoin, they were also looking into other cryptoassets. Among the top traded coins by daily volume last...

, by Jaroslaw Adamowski

Bitcoin Dominance Rises Again As Funds Are Buying The Dip

Bitcoin (BTC) is seeing some notable light in a bearish tunnel as the new week began: it's dominance is up around 17% in the midst of a selloff, while it's also among those coins that fell the least in the past 7 days and from their all-time highs (ATHs).At 7:25 UTC, BTC is trading at 36,461, after...

, by Sead Fadilpašić

What EIP 1559 Brings to the Ethereum Table

EIP 1559 will result in most gas fees being destroyed. ETH could rival BTC as a store of value, but that depends on a number of factors. Ethereum needs to retain its status as the main platform for DeFi, smart contracts, and "so on."Ethereum (ETH) is changing. Not only is it undertaking the...

, by Simon Chandler

Crypto Flash Crash: Recovery, Unavailable Exchanges & Tesla’s ‘Diamond Hands’

On Wednesday, what initially appeared as another usual sharp correction in the crypto market, suddenly turned into a less usual flash crash, once again marked by exchange outages and sharp rebound, while professional investors educate newbies, and Elon Musk claims that Tesla has not sold their...

, by Linas Kmieliauskas

Another Usual Bitcoin Crash? BTC Almost Tests USD 30K

The Cryptoverse insiders have tried to identify several causes for the latest bitcoin (BTC) fall that dragged the whole market down and it seems that history and arguments were once again repeating - many were bearish short-term and bullish long-term. (Updated at 16:53 UTC with the latest market...

, by Sead Fadilpašić

Weeks Of Sideways Trading Ahead as Bitcoin Newbies Panic Selling to Hodlers

Bitcoiners are hopeful that bitcoin (BTC) will bounce back stronger following its recent Elon Musk-fuelled price setback – but the likes of Galaxy Digital CEO Michael Novogratz say that choppy waters could be ahead for at least the next few weeks as new entrants are panic-selling. BTC has had...

, by Tim Alper

Fundstrat’s Tom Lee Boosts Bitcoin Target 25% Despite Musk’s Criticism

Tesla’s recent declaration it would no longer be accepting bitcoin (BTC), paired with bearish statements by its CEO Elon Musk, have done little to shake the certainty of investment research firm Fundstrat Global Advisors. The New York-based advisory business has increased bitcoin's price...

, by Jaroslaw Adamowski

Why The Inflation Rate Doesn’t Tell The Whole Story

Richard S. Warr, Professor of Finance, North Carolina State University. _______Markets, economists and policymakers have been fretting about inflation for months, worried that the trillions of dollars being spent in recent and future government stimulus programs could overheat the economy and send...

, by Richard S. Warr

# Forecast (Page 13)

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