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Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy.

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Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250-$350K in 2021

The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.

Continue ReadingBitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250-$350K in 2021

Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay

The rush to so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve would taper its $120 billion a month asset purchasing program.

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Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant…

Continue ReadingModel Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.

Continue ReadingMicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies