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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.

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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?

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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.

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Mercati

Bitcoin бореться з NEAR опором; Підтримка в розмірі $53K

Довгостроковий імпульс починає згасати, що може обмежити зростання цін цього місяця.

Bitcoin four-hour price chart shows support/resistance levels with RSI on bottom panel (Damanick Dantes/CoinDesk, TradingView)

Finanza

Goldman Sachs та інші банки Уолл-стріт вивчають кредити, забезпечені біткойнами: джерела

Банки США хочуть використовувати Bitcoin як заставу кредиту, не торкаючись до Bitcoin.

(Daniel Acker/Bloomberg via Getty Images)

Mercati

Goldman Sachs розглядає Ринки Крипто як «наступний великий крок» для інституційного впровадження

У той час як ф’ючерсні контракти CME Group на Bitcoin спочатку заманювали фірми з Уолл-стріт, керівник відділу Крипто торгівлі Goldman каже, що опціони «більш універсальні».

Goldman Sachs to Offer Bitcoin to Wealth Management Clients

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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.

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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.

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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.

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Mercati

Траєкторія зростання біткойна не змінилася, але грудневий стрибок до 100 тисяч доларів LOOKS малоймовірним: аналітики

З наближенням кінця року більшість інвесторів, ймовірно, ліквідують позиції, щоб представити гідні річні показники, сказав ONE спостерігач.

(Cheyenne Ligon/CoinDesk)

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