According to a report (released on March 30) by asset manager VanEck’s emerging markets (EM) bond investment team, “the upside for gold and Bitcoin is potentially dramatic,” and their valuation framework “estimates gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin.” Furthermore, “adjusting […]

Shares of medical technology company Masimo Corporation (MASI) are down more than 4% in the morning trade on Thursday after the company said it expects first quarter revenue to be lower than its pervious expectation, hurt by supply chain issues. Masimo sees product revenue in the range of $285 million […]

Cryptocurrencies extended rallies early on Monday amidst the lead cryptocurrency, Bitcoin regaining the $47k level after a gap of almost 84 days. Bullish momentum returned to the market pushing the 24-hour trading volume beyond $114 billion and the aggregate market capitalization beyond $2.13 trillion. The rally is despite the Dollar’s […]

Texas Libertarian Dr. Ron Paul, who is a former U.S. presidential candidate (three times, in 1988, 2008, and 2012), says that the U.S. government could still outlaw Bitcoin, while arguing that crypto should “obviously” be permitted.  Paul discussed the future of the U.S. dollar and Bitcoin during an interview with Kitco […]

President Bukele and CZ Discuss Bitcoin The meeting between President Bukele and CZ was also pivotal in that they also discussed El Salvador’s various investment plans for Bitcoin in the country. CZ is quoted as pointing out that President Bukele was ‘a leader’. CZ also expressed ‘interest in learning about […]

A U.K. court has dismissed a case against Bitcoin developers by Craig Wright. The court says that Tulip Trading Limited has not established a serious issue to be tried on the merits of the claim. Wright and TTL could still appeal against the decision. Craig Wright’s case against Bitcoin developers […]

However, and from the daily BTC/USDT chart above, Bitcoin’s bullish momentum could be running out of gas as the daily MFI and RSI are in somewhat overbought territory at values of 71 and 62 respectively. The daily MACD is yet to show signs of weakness although the length of its […]

War and the response to the war continue to dominate market sentiment across stocks, currencies, bonds, commodities and cryptocurrencies. Here is a snapshot. Reports that Russia would insist on ruble denominated gas payments by unfriendly nations impacted market sentiment ahead of the NATO, G7 and EU summits lined up to […]

Bitcoin has seen explosive growth in price and adoption in the last 2 years. Both institutional and retail investors recognize bitcoin as a scarce and secure asset to hold. However, bitcoin’s price has been on a downtrend for the past 5 months. Are we experiencing the next bear market or […]