Emerging Markets are Surging and Investors Could Send Bitcoin Moon-Bound

Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent in 2019, primarily due to the increase in interest in the Chinese stock market following the optimistic prospect of the trade deal. Bitcoin Vs. Emerging Markets: What’s the Correlation? In August 2018, global macro analyst Peter Tchir said that during periods of emerging market stress, cryptocurrencies like Bitcoin as a store of…

Bitcoin Investors Should Buy Post-Crash Dip Now, Says VC Chief

Venture capitalist Fred Wilson suggested that bitcoin investors buy the post-crash dip because there are a lot of exciting developments right now that make the crypto industry worth investing in. Wilson proffered the advice in a February 28 blog post: “We are in the post-crash cycle in crypto, and that has made the sector interesting to me again. Prices are way down and there is a lot of great work being done on projects we are invested in and projects we want to invest in.” That’s hardly controversial or earth-shattering…

Dow Surges 140 Points While Crypto Investors Reel after Bitcoin Blackout

The Dow barreled toward a 140 point gain on Monday after US President Donald Trump announced a delay to the US-China trade deadline. Cryptocurrency investors, meanwhile, were left searching for answers after the bitcoin price crashed below $3,715 just hours after pushing toward $4,200. Dow Sees Triple-Digit Climb, S&P 500 Looks to Jump Past 2,800 As of 8:41 am ET, Dow Jones Industrial Average futures had soared 157 points or 0.6 percent, implying a gain of 140.19 points at the open. Nasdaq futures outperformed with a 0.69 percent surge, while…

Fake Bakkt Website Emerges but Fails to Scam Crypto Investors

A new Bitcoin (BTC) scam website has emerged. Back in 2017, when the cryptocurrency market hit mainstream news, scam sites began blowing up. Since everyone was so desperate to get their hands on digital currency or invest in a project that could give them 10X the return, the scammers often won. Now, cryptocurrency investors are much more cautious, and this new fake Bakkt website was easily identified. Fake Bakkt Website Caught In August of 2018, the Intercontinental Exchange (ICE) announced Bakkt would be launched in late-January 2019. ICE currently operates…

From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019

Is it possible that the US Federal Reserve’s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the future? Mati Greenspan, the senior market analyst at trading platform eToro, explored these and other questions in a wide-ranging webinar session on Tuesday. Fed’s Balance Sheet Reduction May Have Shaken Bitcoin Speaking on how even diverse asset classes can show correlation, Greenspan said that the Fed’s ongoing quantitative tightening program…

Bitcoin to End 2018 With 80% Drop, What Investors Can Expect in 2019

Following one of its biggest bull rallies in history to $19,500, Bitcoin (BTC) is set to end 2018 with an 80 percent drop from its all-time high. As Bitcoin enters 2019 with a bear market status having suffered a steep sell-off in December, what can investors expect in the first two quarters of 2019? Several Catalysts on the Horizon For Bitcoin In the first quarter of next year, Bakkt, a cryptocurrency liquidity provider and exchange operated by the New York Stock Exchange’s parent company ICE, is set to launch a…

Investors Lost Homes as Bitcoin Crashed, Are Stocks the Same?

Sky News, a British TV station and mainstream media outlet, reported that investors lost homes as the Bitcoin price crashed. But, the same argument can be applied to the stock market, real estate, and every other major market. The report claimed that investors put up their homes as collateral to receive loans and invest in Bitcoin. As the price of Bitcoin dropped, their homes were taken away along with their assets. The report read: Married men accessed equity through their family homes, and often – whether because they felt they…

Why Billionaire Investors Remain Positive on Long-Term Trend of Crypto

Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across the board? It’s About Cycles For the most part, high profile individual investors are able to handle severe losses in emerging asset classes and high-risk assets like cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) because…

Bitcoin Falls to $3.4k as Retails Panic but Institutional Investors are Loving it

Bitcoin on Sunday has established another yearly low after extending its previous downside momentum. At press time, the BTC/USD pair is trading at 3823 on Coinbase after correcting from its intraday low at 3466. It marks a circa 45% loss just in November while contributing to an overall 82.5% loss since its manipulatively achieved all-time high. Unable to Recover Bulls are unable to pull off a substantial recovery period and most of the intraday actions to the upsides look to be coming from retailers executing their shorts. Ideally, the downtrend…

Investors in US Market Paid $39,000 to Buy Bitcoin at Peak Using GBTC

Twitter Facebook LinkedIn In the bull market of 2017, crypto investors paid more than $40,000 per Bitcoin (BTC) to purchase the dominant cryptocurrency. In the US market, a product called the Bitcoin Investment Trust (GBTC) offered by Grayscale Investment, a subsidiary of Digital Currency Group (DCG) exists that allows retail investors to invest in Bitcoin through the same account used in the stock market and other public markets. $39,000 Per BTC Every share of GBTC, an investment vehicle listed on OTC Markets, an American financial market providing price and liquidity…