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 peine à NEAR sa résistance ; support à 53 000 $
La dynamique à long terme commence à s’estomper, ce qui pourrait limiter les gains de prix ce mois-ci.
Goldman Sachs et d'autres banques de Wall Street envisagent des prêts garantis par Bitcoin : sources
Les banques américaines veulent utiliser le Bitcoin comme garantie de prêt sans toucher au Bitcoin.
Goldman Sachs considère les Marchés d'options sur Crypto comme la « prochaine grande étape » pour l'adoption institutionnelle
Alors que les contrats à terme sur le Bitcoin du CME Group ont initialement attiré les entreprises de Wall Street, le responsable du trading de Crypto de Goldman Sachs affirme que les options sont « plus polyvalentes ».
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 trajectoire haussière du Bitcoin reste intacte, mais un bond à 100 000 $ en décembre LOOKS peu probable, selon les analystes.
À l'approche de la fin de l'année, la plupart des investisseurs liquideront probablement leurs positions pour présenter des performances annuelles décentes, a déclaré un observateur.
