Bitcoin Price Prediction: BTC/USD Ready to Break $40,000
Bitcoin Price Prediction – June 2 The Bitcoin price bounces off the support at $35,920 and added more than $2500 to its current value. BTC/USD Long-term Trend: Bearish (Daily Chart)…
SEC Still Stalling On Crypto ETFs But UK’s First Bitcoin ETP Looms
Crypto ETFs in the US are piling up at the Securities and Exchange Commission (SEC) with multiple submissions awaiting approval. The reason the financial watchdog is showing hesitance towards launching…
Bitcoin Price Prediction: BTC/USD Trading Rangebound at $40k to $35k
Bitcoin Price Prediction: Trading is Rangebound– June 2The $40,000 to $35,000 level has been the major zone where Bitcoin versus the US Dollar trading is rangebound. The crypto’s price as…
Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash
Guggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s…
Asset Manager Sees Bitcoin Price Bottoming out — Says Market Is Mispricing BTC
Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom.” He sees a string of “all…
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold…
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least…
