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Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting

BTC, altcoins and stocks sharply sold-off as pressure builds ahead of this week’s FOMC meeting and the possibility that the Fed will taper its easy-money policies.

Continue ReadingBitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting

Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities.

Continue ReadingAnalysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Point of no return? Crypto investment products could be key to mass adoption

Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common.

Continue ReadingPoint of no return? Crypto investment products could be key to mass adoption

Fundstrat’s Chief Strategist Predicts Bitcoin Still Has ‘Exponential Growth Ahead’

Fundstrat Global Advisors’ head of research says bitcoin still has “exponential growth ahead” of it. While acknowledging recent price swings of the cryptocurrency, the strategist emphasized that bitcoin has so…

Continue ReadingFundstrat’s Chief Strategist Predicts Bitcoin Still Has ‘Exponential Growth Ahead’