Bitcoin and most top cryptocurrencies continued their fall on Sunday amid investor concerns over Chinese regulatory risks. As China has blocked several cryptocurrency-related accounts on Weibo, a popular Twitter-like platform, this weekend, Goldman Sachs Group Inc.’s report warns that institutional adoption of the crypto industry may be a long process. The world’s largest cryptocurrency declined…
Bitcoin and other cryptocurrencies are a “farce” and a symptom of financial bubbles forming in the markets, said Pascal Blanque, chief investment officer (CIO) at Amundi. Reuters reports that Blanque said at the news conference on Thursday, cryptocurrency regulators will ultimately “stop the music” and be forced to end the party. In a recent research…
Analysts believe that NFT trading volume may grow to $ 175.2 million by October The market for nonfungible tokens, or NFTs, is expected to maintain its rapid growth trajectory this year as demand for digital collectibles continues to grow, according to a new forecast from Invezz, an online investing news and education platform. NFT trading…
The bitcoin chart indicator assumes that the worst period of bitcoin may be left behind as people with experience seem to buy the fall, as the key bitcoin price indicator believes that the bitcoin rollback is over. Bitcoin’s bull market correction may be coming to an end, according to the relative strength index (RSI) –…
According to the survey, Young Arabs are more inclined to invest in cryptocurrency and view it more positively than Westerners. Western investors are less optimistic about the future of the broader cryptocurrency market than UAE investors. A recent survey by market research company YouGov in the United Arab Emirates (UAE) found young Emiratis were overall…
Judging by the Ether pattern, we can assume its possible decline After trending higher since January, a reversal pattern has formed on the chart. This means a new downtrend may be forming. When markets are moving higher the bulls are in charge. When they’re going lower the bears are in control. A reversal pattern is…