Tags : Risks

Bitcoin

Boom for Bitcoin as Wall Street Veteran Blasts Powell over

Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his latest opinion editorial. The benchmark cryptocurrency could rise as Andrew Parlin, founder/chief investment officer at Washington Peak Investment Advisors in New Jersey, warns about how the Federal Reserve chairman has thought […]Read More

Bitcoin

Bitcoin Paints Predictive Death Cross As Price Risks Falling to

Key Bitcoin Takeaways Bitcoin exploded past $61,000 during the weekend session to hit a new record high. The cryptocurrency failed to hold the upside momentum as profit-taking intensified. It is now trading about 9 percent lower from its sessional top and has hinted at further downside risks after forming a death cross. The cost to […]Read More

Bitcoin

Bitcoin Bull Run Faces Exhaustion Risks from Ongoing US Bond

Bitcoin prices printed themselves new record highs all Wednesday, but the cryptocurrency risks finding its potential tipping point against an ongoing US government bonds sell-off. High prices and thin yields on Treasury bonds provided critical support for Bitcoin since the coronavirus-induced global market rout last March. But, against the prospects of higher inflation, yields have […]Read More

Market

Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America

A Bank of America cryptocurrency report warns of the risks and potential market disruption from anti-privacy government measures. Cryptocurrencies “challenge the ability of governments to levy taxes and to control capital flows more broadly,” according to a recent report from Bank of America Securities obtained by CoinDesk. Uncertainty over how the U.S. governments will act […]Read More

Bitcoin

Downside Risks Grow as Bitcoin Sells Off at $38,000 Once

Bitcoin continued its weekly bull run into the early Thursday session in Asia but met modest selling pressure as its price attempted to topple a short-term resistance level. The flagship cryptocurrency brief breached $38,000 before turning lower ahead of the European market open. That marked its second attempt in less than a week to break […]Read More

Market

Risks Nobody’s Ever Seen, From the Fed to Tether (and

Bitcoin (BTC) was lower, though staying in its range over the past six days, between roughly $30,000 and $33,000.  Cryptocurrency traders and analysts planned to keep an eye on an expected Federal Reserve announcement Wednesday at 2 p.m. in Washington (19:00 UTC), detailing the U.S. central bank’s latest monetary-policy plans as the coronavirus continues to […]Read More

Bitcoin

Bitcoin On-Chain Data Flashes “Dumping Risks” as Price Holds $22K

Certain on-chain metrics on the Bitcoin chart are flashing “dumping risks,” according to data fetched by Kim-Young Ju of CryptoQuant. The chief executive warned about an indicator known as “All Exchange Inflow Mean (144-block MA)” recently venturing into an area that typically precedes a bearish price move. In retrospect, the metric reflects the average of […]Read More