Bookmarking Crypto Insights
Auto Added by WPeMatico
Cryptocurrency markets have shown some strength over the last seven days as many digital assets are up between 3 to 40 percent. At the time of publication, the entire digital currency market capitalization of all 1600+ cryptocurrencies is around $239B USD. The markets look far more optimistic than a few weeks ago but short contracts … Read more
Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest effect on the price of … Read more
At press time, the father of cryptocurrency is back up to $6,700. This is about $100 higher than where it was yesterday, and about $300 higher than where it’s stood all week. Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate … Read more
After a wave of green yesterday, crypto markets see another decline, with Bitcoin barely holding on to weekly gains above $6,600 Go to Source Powered by WPeMatico
Fundstrat’s Head of Research Tom Lee points out a “correlation” between Bitcoin and emerging markets as a sign of upcoming downtrend reversal on both of them Go to Source Powered by WPeMatico
At press time, the price of everyone’s favorite cryptocurrency remains unchanged. Bitcoin is still trading in the $6,400 range and hasn’t moved from this spot for the past few days. The word is out that bitcoin isn’t likely to reach the $10,000 mark by the end of the year. This goes against everything many analysts, … Read more
Tom Lee is the co-founder and managing partner at Fundstrat Global Advisors. A highly successful research analyst, he often appears on CNBC as an expert on cryptocurrency. Prior to Fundstrat, Lee served as Chief Equity Strategist at JP Morgan. Lee has been ranked #1, #2, or #3 in Institutional Investor magazine’s analyst rankings every year from 1998 … Read more
Cointelegraph delves into the potential reasons why the crypto market stumbled this week, despite growing adoption from big financial names worldwide Go to Source Powered by WPeMatico
Tom Lee believes that Bitcoin’s current price and volatility levels mean the cryptocurrency “isn’t broken” Go to Source Powered by WPeMatico
Market strategy and research company Fundstrat to accept Bitcoin via BitPay for content and services Go to Source Powered by WPeMatico
