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Bitcoin is in for a long year as traders increase their bets to predict five Fed rate hikes in 2022

The Fed was more "hawkish" than many investors expected Wednesday, delivering another blow to bitco…

Harry Robertson   


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Bitcoin jumps above key technical level of $42,800, making traders optimistic about a rebound

Digital assets rallied sharply Friday as the mood in markets brightened, with bitcoin's strength co…

Harry Robertson   


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Bitcoin is shaping up to enter a bear market and likely won't recover until 2025, co-founder of Huobi crypto exchange says

"Following this cycle, it won't be until end of 2024 to beginning of 2025 that we can welcome next …

Harry Robertson   


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3 mins read

Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank

Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…

George Glover   


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The speculative nature of bitcoin means it's a great tool for investors to identify a bottom in the stock market, Stifel says

"We think bitcoin is late to the capitulation in risk, and a wash-out we see coming for bitcoin hel…

Matthew Fox   


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Bitcoin billionaire Mike Novogratz says crypto prices will stay under pressure as bond yields shoot higher

Bond yields have risen sharply this year so far, whacking crypto prices and speculative tech stocks…

Harry Robertson   


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Bitcoin's slump could be the start of a 'crypto winter' that sees prices crash, UBS says. Here are three reasons why.

A deep and drawn-out crypto crash of the sort seen in 2018 is a growing possibility, analysts at in…

Harry Robertson   


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1 min read

Bitcoin is close to breaking a key support level which could point to 27% downside ahead, Fairlead's Katie Stockton says

"Short-term momentum is now to the downside, suggesting that short-term oversold conditions may not…

Matthew Fox   


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US stocks fall as investors digest impact of hot inflation data on Fed outlook

Investors this week have taken in a grab bag of economic data, including two hotter-than-expected i…

Phil Rosen   


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'Shark Tank' investor Kevin O'Leary says bitcoin won't hit $300,000 until institutions are comfortable buying the crypto

"If you want to talk about bitcoin going to $100,000, $200,000, $300,000, it's going to be when ins…

Shalini Nagarajan   


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Mike Novogratz says bitcoin won’t have a massive rally as Fed hikes rate and Russia-Ukraine war continues

Rising US rates and the impact of the Russia-Ukraine war on the markets may cause investors to re-e…

Hamza Fareed Malik   


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1 min read

One of the first attempts at a comprehensive crypto bill is due from bitcoin evangelist Cynthia Lummis next year: report

The bill would create a new cryptocurrency regulatory body and establish digital asset tax laws, Bl…

Natasha Dailey   


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3 mins read

Forget a bitcoin winter a crypto 'ice age' might be coming as the Fed ends the easy-money era

Crypto prices have tumbled as bond yields have shot higher. Some investors think they might not rec…

Harry Robertson   


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1 min read

BlackRock CEO Larry Fink warns of stubborn inflation - but expects growth to accelerate this year if interest rates drop

Larry Fink, the boss of the world's largest asset manager, is bullish on the US economy's prospects…

Theron Mohamed   


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Goldman Sachs says bitcoin is more vulnerable to Fed rate hikes than ever before, as markets price in 5 increases this year

Bitcoin "will not be immune to macroeconomic forces, including central bank monetary tightening," G…

Harry Robertson   


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1 min read

JPMorgan says its long-term bitcoin price target of $150,000 is unlikely as surging volatility challenges institutional adoption

The bank's new long-term theoretical price target is $38,000, which is based on the relative volati…

Matthew Fox   


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Cathie Wood's Ark Invest says the price of a single bitcoin could top $1 million in just another 8 years

Network upgrades, and wider adoption by countries and institutions are factors that could aid in it…

Shalini Nagarajan   


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1 min read

A majority of JPMorgan's clients see bitcoin at around $60,000 by year-end, with just 5% expecting the cryptocurrency to hit $100,000

Only just 5% of the bank's clients expect bitcoin to hit the $100,000 mark. Bitcoin dipped below $4…

Isabelle Lee   


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El Salvador's crypto-loving president says bitcoin is going to $100,000 this year and predicts 2 more countries will adopt it as legal tender

The crypto-loving president also projected two more countries will adopt bitcoin as legal tender, t…

Isabelle Lee   


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2 mins read

Bitcoin could tumble below $30,000 this year as the crypto bubble pops, Invesco says

"The mass marketing of bitcoin reminds us of the activity of stockbrokers in the run-up to the 1929…

Harry Robertson