5 Cryptocurrencies sure to be on Santa’s Nice List

5 Cryptocurrencies sure to be on Santa’s Nice List

With just nine days to go before we turn the page on 2021, it’s fair to say that cryptocurrency investors have enjoyed another above-average year. Through December. 18, the aggregate value of all digital currencies has risen by 185%. Further, the market value of all cryptocurrencies is up by more than 1,400% since the March 2020 low.

5 Cryptocurrencies sure to be on Santa’s Nice List Read More
Short term price analysis for BTC, ETH and BNB

Short term price analysis for BTC, ETH and BNB

After Bitcoin (BTC) and Ethereum (ETH) prices hit all-time highs, there was an aggressive profit-taking process. This shows that traders buying on Bitcoin exchange-traded fund rumors are selling after the successful launch of the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO).

Short term price analysis for BTC, ETH and BNB Read More
Even if Bitcoin pullback to below $60,000, the year-end target is $250,000

Even if Bitcoin pullback to below $60,000, the year-end target is $250,000

Bitcoin plunged below $60,000 after crypto markets hit record highs earlier in the week. Concerns about the strength of the market arose as the Bitcoin (BTC) price hit all-time highs, seeing a correction on October 22, briefly dropping below $60,000.

Even if Bitcoin pullback to below $60,000, the year-end target is $250,000 Read More
How does a Bitcoin ETF work?

How does a Bitcoin ETF work?

Before we look at the potential benefits and risks of a bitcoin ETF, let’s back up a step and go over what a bitcoin ETF is and how it works. An ETF is an investment vehicle that tracks the performance of a particular asset or group of assets. ETFs allow investors to diversify their investments without actually owning the assets themselves.

How does a Bitcoin ETF work? Read More
New Bitcoin futures ETF could trigger rally to $168,000

New Bitcoin futures ETF could trigger rally to $168,000

Fundstrat’s team, which previously published a year-end bitcoin price target of $100,000, now says bitcoin’s equilibrium price could spike to as high as $168,000 if the ProShares exchange-traded fund (ETF) that will begin trading on the New York Stock Exchange (NYSE) on Tuesday attracts a serious wave of inflows from investors.

New Bitcoin futures ETF could trigger rally to $168,000 Read More