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Analysts say price of bitcoin can reach $85K by the year-end

Analysts say price of bitcoin can reach $85K by the year-end
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.

El-salvador , Elon-musk , Pankaj-bilani , Delta-exchange , Goldman-sachs , After-elon-musk , Image-source , Financial-analyst , Bitcoin-crash , Past-sell-offs , Inches-towards , Technical-analysis-support

Dear Bitcoiner: Don't Let Your Brain Turn To MUD

I can’t think of a single major crypto visionary/thought leader who warned their followers of the timing, speed, or magnitude of this month’s bitcoin crash. Everyone in the community has been steadfast in their agreement that bitcoin was predestined to hit $100,000 before any "correction."

Twitter , Maniacal-unwavering , Bitcoin , Crypto , Bitcoiners , Cryptocurrencies , Bitcoin-stock , Bitcoin-crash , ட்விட்டர் , பிட்காயின் , கிரிப்டோ

Some old investing lessons from the Bitcoin crash

Some old investing lessons from the Bitcoin crash
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(REUTERS)
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Bitcoin and other cryptocurrencies saw extreme volatility on Wednesday. Bitcoin, for instance, started trading at $42,945. It reached a high of $43,546 during the day, dropped to a low of $30,681, and finally closed the day at $37,002.
Personal finance and investing mean different things to different people, but a few broad principles make sense for all of us to follow. And some investors learnt these old lessons of investing for the first time on Wednesday. Let’s take a look at this pointwise.
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Bitcoin , Bitcoin-crash , Cryptocurrencies , Investor , Investing , Personal-finance , பிட்காயின் , பிட்காயின்-செயலிழப்பு , முதலீட்டாளர் , முதலீடு , தனிப்பட்ட-நிதி

Bitcoin loses ground on concerns over regulations in China

Bitcoin loses ground on concerns over regulations in China
Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January
Reuters | May 20, 2021 | Updated 14:24 IST
Bitcoin regained some ground on Thursday from the previous session's brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocurrency world. Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January.
Smaller rival ether was up 6.6 per cent at $2,600 at 0630 GMT, but in extremely volatile trading after its 28 per cent tumble on Wednesday. Wednesday's declines in both digital assets were their biggest daily percentage moves in more than a year as investors rushed to exit trades that until recently were heartily outperforming traditional markets such as stocks and bonds.

New-york , United-states , Beijing , China , Melbourne , Victoria , Australia , London , City-of , United-kingdom , Singapore , Chinese

Crypto in free fall: Bitcoin tanks 30% to $31,000, Ethereum loses 40%, Dogecoin down 45%

Crypto in free fall: Bitcoin tanks 30% to $31,000, Ethereum loses 40%, Dogecoin down 45%
While Bitcoin is down 30 per cent, Ethereum, the second-largest cryptocurrency in the world, is down 40 per cent. Dogecoin, the meme crypto popularised by Elon Musk, has lost 45 per cent
BusinessToday.In | May 19, 2021 | Updated 19:33 IST
Cryptocurrencies have landed in troubled waters. All popular digital currencies are witnessing steep drops with key technical levels in red.
Bitcoin, the most popular crytpocurrency in the world lost 30 per cent to $31,000, as its most popular proponent, Tesla CEO Elon Musk, backtracked. The rout wiped $500 billion from Bitcoin's peak market value. The coin is now down more than 50 per cent from its record level of $65,000 posted in April. It has lost all the momentum it gained after Tesla announced in February its investment in the digital coin and agreed to accept payments for its cars and services in Bitcoin. As of now, while the EV maker has retained its Bitcoin holdings, it has stopped accepting Bitcoin payments, citing extensive use of fossil fuels in mining the currency.

Switzerland , Elon-musk , Ipek-ozkardeskaya , Bloomberg , People-bank , Crypto-currency , Bitcoin-crash , Cryptocurrency-news , Crypto-crash , Crypto-market-crash , Bitcoin-crash-2021

Bitcoin Crash: Bitcoin plunge wipes $500 billion from value in crypto rout

The coin pared its loss to 10% as of 12:40 p.m. in New York, up $8,000 from its lows. It has erased all the gains it clocked up following Tesla Inc.s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles.

Switzerland , Katie-greifeld , Vildana-hajric , Elon-musk , Ulrik-lykke , Stephane-ouellette , Ipek-ozkardeskaya , Coinbase-global-inc , Bloomberg , People-bank , Twitter , Marathon-digital-holdings-inc

Bitcoin Blowout: What The Heck Happened Last Week And Can We Blame China For It?

Bitcoin Blowout: What The Heck Happened Last Week And Can We Blame China For It?
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

China , Dubai , Dubayy , United-arab-emirates , Xinjiang , Jiangxi , Chinese , Elon-musk , Joseph-young , Colin-wu , Morgan-stanley , Jp-morgan

Bitcoin Crash: Bitcoin retreats to weekend's flash crash lows amid tax anxiety

By Vildana Hajric
Bitcoin declined for the sixth time in seven days, extending losses after President Joe Biden was said to propose almost doubling the capital-gains tax for the wealthy.
The slide pushed Bitcoin down as much as 8% to about $50,500, sending it below the low of $51,707 reached Sunday. The coin had tumbled as much as 15% over the weekend in the wake of a false report from an anonymous Twitter account that the U.S. Treasury was cracking down on crypto money laundering.
“One of the biggest things you have to worry about is that the things with the biggest gains are going to be most susceptible to selling,” said Matt Maley, chief market strategist for Miller Tabak + Co. “It doesn’t mean people will dump wholesale, dump 100% of their positions, but you have some people who have huge money in this and, therefore, a big jump in the capital gains tax, they’ll be leaving a lot of money on the table.”

Janet-yellen , Vildana-hajric , Matt-maley , Andrew-fisher , Miller-tabak , Bitcoin-bloomberg , Joe-biden , Twitter , President-joe-biden , Treasury-secretary-janet-yellen , Bitcoin-crash , Bitcoin-vs-dollar

James Rickards warns that Bitcoin and Tether cryptocurrencies are a massive, illegal fraud that will catastrophically collapse

Bypass censorship by sharing this link:
https://www.afinalwarning.com/507547.html
(Natural News)
A prominent economist and investment banker, James Rickards, is sounding the alarm on the imminent failure of Bitcoin and Tether cryptocurrencies. He warns that Bitcoin is built on fraud and will eventually collapse, leaving cryptocurrency investors broke, with nothing of sustenance to show. Rickards is a
NY Times bestselling author of
Currency Wars: The Making of the Next Global Crisis and six other books, including
The New Great Depression,
Aftermath,
Death of Money, and
The 2018 Bitcoin crash is just a sample of the collapse that is to come

New-york , United-states , Bahamas , The , Bahamian , James-rickards , Deltec-bank , Nasdaq , Natural-news , Currency-wars , Next-global-crisis , New-great-depression

Bitcoin outlook: Crypto hedge fund CIO shares 2 emerging crypto areas

Tradecraft Capital
Jake Ryan is the chief investment officer of crypto asset hedge fund Tradecraft Capital.
Ryan thinks bitcoin will have a market cap of $5 trillion by 2023 and $20 trillion by 2030.
He also shares two emerging areas of the crypto-asset market that he's bullish on.
Having spent the first 20 years of his career in software development, Jake Ryan has had no difficulty wrapping his head around the world of cryptocurrency and blockchain technology.
Still, it took him more than seven years since bitcoin's creation in January 2009 to make his first direct purchase of the digital currency at around $480 apiece in 2016.
What convinced him to finally make the leap was not the utopian vision for bitcoin shared by many ardent fans in the tech world, but the antifragile nature of the digital currency.

Tokyo , Japan , Cuba , Cuban , Satoshi-nakamoto , Jake-ryan , Silk-road , Tradecraft-capital , Mark-cuban , Defiant-podcast , Nasdaq-listed-decentralized-finance-index