NYSE's Plans For 'Physical Delivery' Of Bitcoin Pave Way For Major Crypto Adoption, Analysts Say

Analysts Dominic Chu and Robert Kelly weighed in on recent reports that the New York Stock Exchange (NYSE) plans to offer Bitcoin (BTC) swap contracts, on CNBC Tuesday, May 8. Both Chu and Kelly argued that the fact that these contracts would be settled with the delivery of BTC itself is an …
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Bitcoin Needs Enhancements and Institutional Money to Beat $20K Highs, Say Analysts

The price of Bitcoin has finally picked up since April after struggling to stay above the $ 6,000 mark earlier in the year. Investor confidence within the cryptocurrency market is getting on its feet as the market cap reaches $ 450 billion and BTC dominance drops to nearly a third of the market. There are three …
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Bitcoin Analysts Brace for 'Dogfight' With Narrowing Trading Range

"Bitcoin is now in the early stages of a recovery mode," he said. Given the digital currency's volatility, Ross said round numbers like $ 9,000 are of less significance from a technical standpoint. Instead, he is keeping an eye on the 50-day moving average of about $ 8,600 as key support and the 150-day at …
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Bitcoin Already Crossed $8400, Analysts Expect it to Surge Again After Tax Season

The price of Bitcoin seems to have switched to a bullish momentum after spending a period of two months on a downward path that shed about $ 5,000 of its value. The market rebounded across the $ 8,000 line on Friday and crossed $ 8,400 already. Bears argue that a short squeeze is behind what they …
Google Alert – bitcoin