Analysts Expect Positive Bitcoin Returns in December
New data on average returns for bitcoin by month reveals BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Yet, based on seasonal data, BTC’s upside could be limited as January tends to produce negative returns.
Could Jack Dorsey Be Taking Square Deep Down the Bitcoin Rabbit Hole?
Following the announcement payments giant Square will be changing its corporate name to Block, CoinDesk's David Z. Morris shares insights into his article examining Jack Dorsey's bitcoin trajectory. Could Jack Dorsey be moving to transform Square into a crypto and blockchain firm?
Quadency CEO: $100K Bitcoin By End of Year
Bitcoin’s long-term momentum is starting to fade, which could limit price gains this month, but some remain bullish for the short term. Rosh Singh, co-founder and CEO of crypto trading platform Quadency, discusses why he thinks bitcoin could reach $100K by the end of 2021 and what metrics he’s watching to support this prediction.
Bitcoin lucha NEAR de la resistencia; soporte en $53,000
El impulso a largo plazo está comenzando a desvanecerse, lo que podría limitar las ganancias de precios este mes.
Goldman Sachs y otros bancos de Wall Street exploran préstamos respaldados por Bitcoin (fuentes)
Los bancos estadounidenses quieren utilizar Bitcoin como garantía de préstamos sin tocar el Bitcoin.
Goldman Sachs considera los Mercados de opciones de Cripto como el "próximo gran paso" para su adopción institucional.
Si bien los contratos de futuros de Bitcoin de CME Group atrajeron inicialmente a las empresas de Wall Street, el jefe de comercio de Cripto de Goldman dice que las opciones son "más versátiles".
I/O Fund Founder: 'Square's Name Change to Block Is a Defensive Move'
Digital payments giant Square Inc. has changed its name to Block. I/O Fund Founder & CEO Beth Kindig discusses the significance underlying this name change, saying, "It's a defensive move ... [and] not a move coming from strength." Plus, evaluating the next big tech stocks and the importance of keeping a "large allocation of bitcoin" in one's financial profile. "Bitcoin is an amazing hedge for inflation," Kindig said.
Is Bitcoin Still Viable as a Safe Haven?
Bitwise Asset Management CIO Matt Hougan discusses his views on whether bitcoin is still considered a safe haven asset as the cryptocurrency continues to retreat. ”Bitcoin is the most effective hedge against long-term inflation and inflationary risks,” Hougan said. Plus, reactions to Fidelity launching a bitcoin spot ETF in Canada.
Cato Institute Exec on the Future of Money and Crypto
James A. Dorn, vice president for monetary studies at the Cato Institute, applauds the private sector for inventing better alternatives to fiat currencies. In his CoinDesk opinion piece titled “Let the Market Come Up With Better Money Tech,” he writes market-based cryptocurrencies should be allowed to proliferate.
La trayectoria alcista de Bitcoin se mantiene intacta, pero un salto a $100,000 en diciembre LOOKS improbable, según analistas
A medida que se acerca el final del año, la mayoría de los inversores probablemente liquidarán posiciones para presentar resultados anuales decentes, dijo un observador.
