Showing news for Market Analysis

Bullish Bitcoin Chart May Point to Move Toward $53,000

February 15, 2022

Bitcoin is forming a technical pattern that suggests a brighter period lies ahead for the world’s largest cryptocurrency...

Bitcoin Miners Are Selling Coins in Worrying Sign of a Shakeout

February 11, 2022

Some Bitcoin miners are trading in their diamond hands to pay for their picks and shovels.

A Boon for Crypto Depends on Growth Stocks’ Fate, Graticule Says

February 11, 2022

Growth stock volatility amid rising interest rates is temporarily slowing institutional investors’ planned forays into c...

Crypto Paychecks Have More Appeal Outside the U.S., Says Hiring Firm

February 10, 2022

Employees all over the world are opting to get paid in cryptocurrencies, though they’re still in a small minority, accor...

Recent Bitcoin Buyers Are Likely Underwater Even After Rebound

February 10, 2022

Bitcoin’s drop since its November high has been so steep that the average buyer over the last couple of months is likely...

Bitcoin Chart Signals a Break Higher, If History Is Any Guide

February 9, 2022

Bitcoin could be set to build on its recent rally. The world’s largest digital token posted a six-day winning streak thr...

JPMorgan Estimates Bitcoin’s ‘Fair Value’ at $38,000, 12% Below Current Price

February 9, 2022

Bitcoin’s “fair value” is around 12% below the current price, based on its volatility in comparison with gold, according...

Bitcoin’s Recovery Rally Stalls as Traders Turn Focus to $45,000

February 8, 2022

Bitcoin is in jeopardy of snapping its longest winning streak in more than four months as traders question whether the b...

Bitcoin Rally Has Traders Watching $43,000 Target

February 7, 2022

Bitcoin’s 30% rally since the lows of late January has the token testing the upper end of its 20-day bollinger band, a t...

Bitcoin Analysis Shows Prices May Bottom Soon, Fundstrat Says

February 3, 2022

Bitcoin stands a good chance of bottoming by the next few months, according to a technical analyst at Fundstrat.

Bitcoin Lovers Like the Winklevoss Twin Urge Patience After Declines

February 2, 2022

Bitcoin failed to hold the two-week high registered Tuesday, while advocates from the Winklevoss brothers to the preside...

Bitcoin’s Dip From Two-Week Peak Highlights Key Technical Hurdle

February 2, 2022

Bitcoin slipped back Wednesday after touching a near two-week high, spotlighting the token’s struggle to vault a key tec...

Bitcoin Halving Will Stir Next Crypto Frenzy, Thai Exchange Says

February 1, 2022

(Bloomberg) -- Another pronounced bull run for Bitcoin is coming in 2024 when the world’s largest cryptocurrency goes th...

Strugging IPOs Give FTX CEO Pause on Taking His Crypto Giant Public

February 1, 2022

Sam Bankman-Fried is having reservations about taking his company public anytime soon.

Bitcoin January Loss Is Worst Start to Year Since Crypto Winter

January 31, 2022

Bitcoin is closing out a rough month, with January declines putting the digital coin on pace for its worst start to a ye...

Crypto Slide Puts Outlook of a Billion Investors by 2023 to Test

January 29, 2022

Weakness in the crypto market is offering a sober outlook at bullish forecasts.

Goldman Says Crypto Mainstream Acceptance May Not Boost Prices

January 28, 2022

Investors should be skeptical of the narrative that rising adoption of cryptocurrencies must translate into higher price...

Three Bitcoin Metrics Suggest a Prolonged Bear Market Is Here

January 26, 2022

A hefty debate is underway in the crypto space about whether Bitcoin is mired in a drawn-out bear market.

Bitcoin’s Record Stocks Correlation Could Turn Into a Lifeline

January 24, 2022

Bitcoin is moving in tandem with stocks like never before as both slump, but that link-up could yet bring some respite f...

Crypto Collapse Tests Faithful’s Infinite Supply of Optimism

January 22, 2022

With the blink of an eye, more than a trillion dollars in crypto-market value has evaporated.

U.K. Confidence, Polish Politics, Japan Inflation: Eco Day

January 21, 2022

Welcome to Friday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

What Strategists See for Markets as Treasury Yields Spike

January 17, 2022

Treasury yields are quickly moving higher as investor expectations grow that the Federal Reserve will raise interest rat...