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Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says

"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan says, adding that they see a downturn ahead. Overearth/Getty Images Bitcoin's halving is taking place Friday.....»»

Category: smallbizSource: nytApr 19th, 2024

Coronavirus sows doubt over bitcoin"s rally after third "halving"

As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the expected rally that has historically accompanied such events......»»

Category: topSource: reutersMay 11th, 2020

Bitcoin Miners Upgrade Infrastructure, Embrace AI to Prepare For Dip In Revenue After Halving

Bitcoin (CRYPTO: BTC) miners are increasingly turning to artificial intelligence to mitigate the impact of the recent halving event. read more.....»»

Category: blogSource: benzingaApr 22nd, 2024

Liquidity in the bitcoin market should recover quickly after the futures-driven price crash, JPMorgan says

Bitcoin picked up on Monday as investors appeared to be drawn in by the sharp price fall. Bitcoin picked up on Monday after sliding the previous week. Chris McGrath/Getty Images Liq.....»»

Category: dealsSource: nytApr 26th, 2021

A decline in bitcoin"s volatility makes it more attractive to institutions and supports a $130,000 long-term price target, JPMorgan says

"Mechanically, the bitcoin price would have to rise [to] $130,000, to match the total private sector investment in gold," JPMorgan said. A visual representation of.....»»

Category: smallbizSource: nytApr 1st, 2021

Market Extra: Coinbase IPO: Transfer of Satoshi’s $46 billion bitcoin stash marks one interesting ‘risk factor’

A long-awaited public offering of Coinbase Global Inc. appears near after the cryptocurrency trading platform filed paperwork with the Securities and Exchange Commission on Thursday......»»

Category: topSource: marketwatchFeb 26th, 2021

Churchill Capital Corp. IV has plunged over 50% since announcing long-awaited Lucid Motors deal

Churchill Capital Corp. IV's stock saw another double-digit fall on Wednesday as a selloff continued following the announcement of a merger with Lucid Motors. Lucid Air. Lucid Churchill Capital Corp. IV inve.....»»

Category: topSource: businessinsiderFeb 24th, 2021

Blockchain Bites: ‘Immunity Passports,’ a Darknet Pharmacist and How Bitcoin Miners Prepare for the Halving

Cryptography can solve privacy concerns stirred up by COVID-19; Bitfinex moves more than one billion dollars worth of bitcoin for less than a dollar......»»

Category: forexSource: coindeskApr 13th, 2020

Oil Gains, US Equities Fall As OPEC And Allies Agree To Lower-Than-Expected Production Cuts

Oil prices posted gains early Monday after the Organization of the Petroleum Exporting Countries and allies agreed to long-awaited production cuts in a Sunday meeting. read more.....»»

Category: blogSource: benzingaApr 13th, 2020

Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving

Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions......»»

Category: forexSource: coindeskApr 1st, 2020

Bitcoin halving explained and why it could make BTC prices fall

Bitcoin halving explained and why it could make BTC prices fall.....»»

Category: blogSource: valuewalkMar 20th, 2020

Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

While a long-term price indicator has flipped bullish, the cryptocurrency is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support......»»

Category: forexSource: coindeskFeb 18th, 2020

NYSE owner launches long-awaited bitcoin futures

has said his mission as WeWork’s chief executive is to elevate the world’s consciousness. Members of his board are now discussing a plan to elevate someone else to run the company and salvage its... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 24th, 2019

Bakkt Launches Futures Contracts, Bitcoin Price Falls

Bakkt, a subsidiary of New York Stock Exchange owner Intercontinental Exchange Inc (NYSE: ICE), launched its long-awaited physically backed Bitcoin futures Monday.  read more.....»»

Category: blogSource: benzingaSep 23rd, 2019

Mnuchin Bashes Bitcoin, Blasts Bezos For "Destroying" US Retail Industry

On an already busy Wednesday that featured not only a series of critical earnings reports but the long-awaited Congressional testimony of Special Counsel Robert Mueller, Treasury Secretary Steven Mnuchi.....»»

Category: blogSource: zerohedgeJul 24th, 2019

Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

Cryptocurrency, at scale. That's Facebook's vision as laid out in the long-awaited, just-released Libra white paper......»»

Category: forexSource: coindeskJun 18th, 2019

Uber shares likely to fall in stock market debut

Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early price indications showed......»»

Category: topSource: reutersMay 10th, 2019

JPMorgan Busted Over Bitcoin Fraud... Seriously!

Oh, the irony... Jamie Dimon has come a long way in seven months... From "Bitcoin is a fraud" in .....»»

Category: blogSource: zerohedgeApr 11th, 2018

Goldman Sachs Is Said to Add Cryptocurrency Trading Desk—Sort of

Just don't call it a Bitcoin desk. Don't call Goldman Sachs's long-awaited Bitcoin-trading business a full-fledged desk, and don't expect it to buy and se.....»»

Category: europeSource: fortuneMay 2nd, 2018

What Happened When Secret Bitcoin Keys Went Public

The long-awaited reveal of the private keys, once able to trigger a bitcoin alert system, occurred Monday via an email from Bitcoin Core devs......»»

Category: forexSource: coindeskJul 9th, 2018

Wealth Manager Canaccord: Bitcoin ETF Approval More Likely in 2019

A long-awaited approval on a bitcoin exchange-traded fund (ETF) may not come until 2019......»»

Category: forexSource: coindeskAug 7th, 2018