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A decisive breakout in bitcoin has it set up for a further 10% gain in the near term, according to one technical analyst

There is still downside potential for bitcoin, especially if the cryptocurrency fails to establish …

Matthew Fox   


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Bitcoin mining stocks sink as the cryptocurrency tests key $50,000 support level

Bitcoin is down roughly 16% from March 13 record highs of over $61,000 per coin, as highly correlat…

Will Daniel   


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4 mins read

Jack Dorsey and Michael Saylor headlined the sold-out Bitcoin 2021 Miami conference. Here are their 12 best quotes from the event.

"If I were not at Square or Twitter I'd be working on bitcoin," Jack Dorsey said at the Bitcoin 202…

Will Daniel   


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Bitcoin will remain 'ultra-volatile' due to its limited tradability, says Deutsche Bank

The firm also raised questions surrounding bitcoin's rising valuation and whether it's enough for t…

Isabelle Lee   


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1 min read

Emily Graffeo   


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Bitcoin's limited real-world use and extreme volatility show its recent surge is still a speculative bubble, UBS Global Wealth Management says

In a note to clients on Friday UBS Global Wealth Management said it believes bitcoin's rise still s…

Will Daniel   


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Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market

The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped driv…

George Glover   


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3 mins read

Here's why the approval of a US bitcoin ETF would send the cryptocurrency tumbling in the near term, according to JPMorgan

The ETF could drive institutional investors out of a popular bitcoin trust and erode a premium that…

Ben Winck   


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3 reasons why the stock market could enter risk-on mode in August after a couple choppy months, according to Fundstrat's Tom Lee

Historically, not much money has been made in stocks in August, especially when markets delivered s…

Matthew Fox   


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Bitcoin slips 4% as rally stalls just shy of $60,000 resistance level

Since hitting its record high in mid-March, bitcoin has traded mostly sideways and failed to push t…

Matthew Fox   


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1 min read

The main argument for owning bitcoin is 'sheer price appreciation,' not diversification or inflation protection, Bank of America says

Bank of America commodity strategists say there's "no good reason to own bitcoin unless you see pri…

Emily Graffeo   


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Bitcoin eyes record above $61,000 as the crypto market's focus turns to Coinbase IPO

Bitcoin briefly topped $61,200 on Monday as the crypto world awaited Coinbase's IPO, expected to pr…

Harry Robertson   


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1 min read

9% of US teens say they have traded cryptocurrencies - and 81% of those are male, a Piper Sandler survey finds

While there are no official age requirements to buy cryptocurrencies, most popular crypto exchanges…

Emily Graffeo   


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1 min read

The crypto market has doubled in value to $2 trillion in just 3 months amid a massive rally

The new record came just a few months after the cryptocurrency market hit the $1 trillion mark for …

Isabelle Lee   


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'Dr. Doom' economist Nouriel Roubini says bitcoin is not a hedge against inflation and investors are 'feeding the bubble'

Nouriel Roubini said bitcoin is not a hedge against inflation or tail risk, but rather a "pseudo-as…

Will Daniel   


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Argo Blockchain and DMG look to mint first-ever 'green bitcoin' with launch of clean energy mining operation

The launch of the new mining pool comes amid increasing backlash from critics over the tremendous a…

Isabelle Lee   


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1 min read

Bitcoin is not overbought and could reach $75,000 before the current bull market ends, research from Kraken says

Although bitcoin is quickly approaching resistance, it remains tens of thousands of dollars away fr…

Emily Graffeo   


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Citi Private Bank CIO David Bailin says bitcoin can be a part of the 'opportunistic side' of any portfolio

Citi Private Bank CIO David Bailin says he believes bitcoin "is going to do well because of the lev…

Will Daniel   


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Bitcoin above $51,000 is unsustainable unless volatility subsides, says JPMorgan

JPMorgan said unless bitcoin's price swings subside "quickly from here," the current rally could en…

Emily Graffeo   


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Bitcoin generated an 'oversold buy' signal that could lead to short-term upside of 13%, Fairlead's Katie Stockton says

"The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move hi…

Matthew Fox  Â