John Hempton, founder and co-owner of hedge fund Bronte Capital, has suggested on social media a hypothesis that said the price of the flagship cryptocurrency bitcoin will only hit a bottom after Dogecoin (DOGE) drops below $0.01. In a tweet, Hempton said that the cryptocurrency market is in a speculative mania as long as the […]
It has been a bumpy ride for Bitcoin of late, From crashing below $30K to swiftly peaking just shy of $35K and hovering around $34K eventually. But, it’s still the king of the jungle as new patterns and analysis suggest that BTC is still strong in terms of growth and market dominance. Popular crypto analyst …
Global investment bank JP Morgan is not optimistic about the price of Bitcoin heading into July as the threat of sell pressure looms on the horizon. Bloomberg reports that JP Morgan strategists are not lifting their bearish Bitcoin outlook, as a large Grayscale Bitcoin fund, GBTC, prepares to unlock more shares, giving BTC holders a […]
The global crypto market witnessed a 2.22% increase in its total capitalization over the last day. Bitcoin too noted a 2.5% price surge during the same time, crossing over the $33,000-mark in a southb