[ad_2][ad_1] A Citibank CEO thinks bitcoin could reach $ 318,000. MIT researchers blatantly reject blockchain-based voting. And the latest fork of Bitcoin Cash looks set to fail. Upper shelf Technical comparison?A Citibank executive released a report predicting that bitcoin could reach $ 318,000 by December 2021. Using technical analysis and …
Read More »A Bitcoin Whale Just Shorted $ 100M BTC – Big Holders Expect a Bigger Drop?
[ad_2][ad_1] A Bitcoin (BTC) whale placed a $ 100 million short on Bybit, according to the pseudonym trader CL. It comes after various data on the chain point to a whale-driven sell-off over the past week. While Bitcoin’s momentum remains strong, there are many reasons that make $ 16,000 an …
Read More »BTC Options Increase Open Interest, Traders Watch for Unfilled Bitcoin Futures Gap at $ 18K
[ad_2][ad_1] Bitcoin prices have been volatile in recent weeks, but at the same time they have managed to rise in value. Bitcoin derivatives markets, particularly futures and options, show this week that cryptocurrency traders should expect more swings in the future. Some traders believe that the price of the digital …
Read More »Bitcoin (BTC) is in Bubble Territory – Crypto Analyst
[ad_2][ad_1] Quick grip: Timothy Peterson pointed out that Bitcoin is in “bubble territory” It also warns of a possible 20% drop in the value of BTC Bitcoin failed to claim the $ 16k price area as support An ascending wedge on the 6-hour chart could signal the start of a …
Read More »Bitcoin’s mining pool creates controversy by promoting censorship of BTC transactions
[ad_2][ad_1] Blockchain analytics firm BlockSeer has launched a private mining pool, currently in beta, which will censor some Bitcoin transactions. Given that the Bitcoin community emphasizes resistance to censorship, an essential feature of cryptocurrency that differentiates it from central bank digital currencies, it is quite obvious that the company would …
Read More »Blockchain Bites: $ 16K BTC, $ 1B DAI, $ 13.6 billion TVL in DeFi
[ad_2][ad_1] MakerDAO’s DAI stablecoin is the latest unicorn crypto with a market cap of $ 1 billion. The total locked value of DeFi has reached the maximum of life. Hedge fund billionaire Ray Dalio said yesterday he is not passionate about bitcoin; a few hours later, the cryptocurrency hit a …
Read More »Billionaire Ray Dalio is skeptical of BTC
[ad_2][ad_1] Billionaire Ray Dalio is pessimistic about BTC’s future. In a recent interview with Yahoo Finance, Dalio was asked: “Do you have a vision of digital currencies?” To which Dalio expressed his concerns about BTC and his belief that we will see more central bank digital currencies in the future. …
Read More »Ray Dalio believes nations will outlaw Bitcoin if the price of BTC continues to rise
[ad_2][ad_1] Ray Dalio, the billionaire hedge fund legend, doesn’t see digital currencies like Bitcoin (BTC) being as successful as other people do. Authorities are expected to crack down on cryptocurrencies when they see “material” growth. Bitcoin’s daily chart from January 1, 2020. Source: TradingView Meanwhile, BTC has largely outperformed Bridgewater …
Read More »$ 100K Bitcoin: S2F author trusts his model, suggests six-digit BTC price by 2021
[ad_2][ad_1] Not long ago, the author of bitcoin’s controversial stock-to-flow (S2FX) pricing model claimed that the model was “perfectly on track”. On Sunday November 8, the S2FX creator known as “Plan B” reaffirmed his faith in the model and told his Twitter followers that he has “no doubt” that the …
Read More »Analyst says XRP is set to surprise traders, predicts fourth largest crypto asset could outperform Bitcoin (BTC) in 2021
[ad_2][ad_1] Alternative investment analyst Timothy Peterson says he believes XRP is gearing up for a long-awaited breakout that could see the fourth-largest crypto asset outperform Bitcoin. In a series of tweets, Peterson He says the Lowest Price Forward (LPF) metric suggests that the XRP is close to an inflection point. …
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