Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth
The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech giant Apple’s growth to date.
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The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech giant Apple’s growth to date.
$38,000 could be the next stop in a downward move, but equal faith lies in $32,000 being the definitive floor.
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads.
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two…
BTC price plummeted to $41,750 as global markets, stocks and altcoins corrected in the face of escalating tensions between Russia, the United States and Ukraine.
Gary Gensler reiterated his stance of being technology-neutral, but that he would give “careful consideration” to the concerns Representatives Tom Emmer and Darren Soto raised.
Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers.
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing.…
If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening?