WWW.BLOCKCAST.CCEvery investor needs to consider what projects are most likely to produce the biggest returns when deciding which projects are the best ones in which to invest, but this process is easier said than done. Analysts have been updating their recommendations for the top crypto to buy this year, and it’s perhaps most useful to […]
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Bitcoin and cryptocurrencies have added more than 7% in market capitalization over the past 24 hours, with more than $72 billion added to the global crypto market cap Bitcoin (BTC/USD) jumped more than 7% to break above $20,000 and hit highs of $20,700. Meanwhile, Ethereum (ETH/USD) rose nearly 14% to breach the $1,500 demand zone […]
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The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold. Eric Balchunas, a senior ETF analyst at Bloomberg, has warned that with the broader market going down together, there’s nowhere for investors […]
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Bitcoin (BTC/USD) is up 3.2% in the past 24 hours to currently trade around $21,671 and ease off lows seen on Tuesday when a number of negative news reports impacted sentiment. After hitting intraday lows of $20,780 on Tuesday amid reports of SEC investigations against crypto exchange Coinbase, and a Treasury Department probe on Kraken, […]
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Mike McGlone, Senior Commodity Strategist at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. On 6 July, McGlone tweeted his observations, noting that the Bloomberg Galaxy Crypto Index (BGCI) and the 50-week and 100-week moving averages for BTC showed encouraging trends. He asserted that the current indicators resemble […]
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