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Markets
Is Bitcoin Due for a Price Correction?
Reports that bitcoin is due for a price correction, including from CoinDesk’s Omkar Godbole, suggest the bitcoin market might be slowing, with some analysts predicting prices as low as $40K. The “All About Bitcoin” panel weighs in on bitcoin’s week ahead and discusses how BTC compares to altcoins on returns on investment.
Goldman Sachs Analysts Say They’re Brutally Overworked
First-year analysts surveyed by Goldman Sachs reported having no work-life balance, 95-hour work weeks, and unrealistic deadlines. “The Hash” panel weighs in on the impact of a non-stop bull market on the financial industry as well as the similarities and differences between traditional finance and the crypto world.
Crypto Mining Stocks Could Keep Beating Bitcoin in 'Modern-Age Digital Gold Rush'
Crypto mining stocks could deliver amplified returns during a bitcoin bull market, according to FundStrat research.
Bitcoin Price Chart Shows Bull Fatigue as Analyst Sees 'Rising Wedge'
Bitcoin looks to have charted a rising wedge pattern, a sign of uptrend fatigue.
Bitcoin Maintains Trend Support at $56K, All-Time High Within Reach Around $61K
The month-long uptrend from $43,000 remains intact, although longer-term signals are weakening.
This (Small-ish) Swiss Cybersecurity Stock Jumped 80% After NFT-Related Press Release
WISeKey's stock surged nearly 70% after it mentioned NFT in its press release, which is unusual for the small firm.
Bitcoin Tends to Weaken During Asian Trading, Especially After Bank of Japan Policy Shift
Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.
Bank of America Sees DeFi 'Potentially More Disruptive Than Bitcoin'
There is "no good reason to own BTC unless you see prices going up," the bank says, but it is intrigued by decentralized finance.
Bitcoin Price Gets Fed Boost but Bond Yields Could Play Spoilsport: Analysts
The Federal Reserve has strengthened bitcoin's appeal as an inflation hedge, opening doors for a continued price rally.
Bitcoin Rallies Towards $60K Resistance, Short-Term Support Seen at $56K
Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.
