Analyses Yet Another ATH for Bitcoin, Euphoria Intensifies – Analysis, 15 Mar

Last week the market cap of Bitcoin surpassed $1 trillion once again. The price of the cryptocurrency marked another all-time high at a level of approximately $62,000 per digital coin and intensified the euphoria in the crypto market. According to Bloqport, the crypto trading volume on Korean cryptocurrency exchanges has surpassed the trading vo...

Analyses Bloomberg: Bitcoin to Reach at Least $100k This Year – Analysis, 8 Mar

Last week, on Thursday, Bloomberg released their March 2021 report on Bitcoin. In their report, Bloomberg outlined that Bitcoin is already transitioning from a speculative risk asset to a global digital store-of-value. The financial media company highlighted that many investors had started replacing gold with Bitcoin in their portfolios. That is...

Analyses Bitcoin Market Cap Surpasses $1 Trillion – Analysis, 22 Feb

Bitcoin's market capitalization has surpassed $1 trillion – a decisive psychological threshold that was unimaginable just 5 or 6 years ago. One of the reasons behind the substantial price increase is the start of the institutional investors' phase – a period when big hedge funds, banks, and investment companies start entering the market. For exa...

Analyses Musk Provokes Intraday Dogecoin Pump – Analysis, 8 Feb

Elon Musk, the founder of Tesla and SpaceX, who provoked an intraday pump of Dogecoin (DOGE) last week, keeps joking with the crypto community on Twitter. On Thursday, he posted an image from 'The Lion King' that showed himself holding up a dog symbolizing Dogecoin: Source: Twitter Later, he followed up with another tweet where he stated that D...

Analyses Bitcoin, Dogecoin, Robinhood: Last Week in 3 Words – Analysis, 1 Feb

On Thursday, investing app Robinhood blocked purchases of GameStop, AMC, and BlackBerry stock as trading on the stock market surged among retail users. Many users started to complain that they could not trade GameStop and other shares, and also their functionalities in the Robinhood platform are limited. This event attracted the attention of the...

Analyses No One Can Stop Crypto and Blockchain Revolution – Price Analysis, 18 Jan 2021

Last week, many institutional investors announced very positive price targets for Bitcoin and cryptocurrency in general. In an interview on CNBC, Guggenheim Partners investment director Scott Minerd confirmed once again his long-term forecast for Bitcoin's growth to $400,000. Dan Morehead, CEO of cryptocurrency hedge fund Pantera Capital, said t...