Tag: Analysis

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

boss

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course. However, the path higher may not be easy. The Federal Open Market Committee’s meeting on Nov. 1 may cause some volatility, but it will li be short-lived as no surprises…

Citi analysis shows 60/40 portfolio could’ve been helped with bitcoin

boss

If you held some bitcoin in your 60/40 portfolio back in 2014, you might have gotten a nice lift from the then-shadowy cryptocurrency, according to a Citi analysis of bitcoin returns. Based on a 1-year rolling analysis dating back to 2014, Citi found that a U.S. portfolio that’s split 60% toward stocks and 40% in bonds would see a return of 6.95%. That return rose to 7.42% when analysts added a 1% allocation toward bitcoin. When committing 5% of the portfolio to the flagship cryptocurrency, that return rose to 9.3%,…

Bitcoin price surges as ETF anticipation grows: analysis and forecasts

boss

From market metrics to ETF aspirations, uncover what drives BTC’s price in October. Riding the wave of a largely positive October for cryptos, Bitcoin (BTC) breached the $35,000 barrier on Oct. 23, a high it hadn’t seen since May 2022 As of Oct. 24, the price of BTC has been oscillating between $34,000 and $34,500, demonstrating a slight consolidation after the recent high. Moreover, the year has been fruitful for BTC so far, with its year-to-date (YTD) gains exceeding 100%, specifically standing at 103%.  This bullish momentum is largely fueled…

Price analysis 10/23: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

boss

Bitcoin is showing renewed strength and targeting yearly highs. Will altcoins follow suit? October is proving to be a solid month for Bitcoin (BTC) as the price is nearing the 2023 high at $31,805. Generally, major resistances are not cleared in the first instance as the bears come out in full force to guard the level. Therefore, a minor dip is to be expected, but that should not be considered as the start of a negative sentiment. Buyers regroup at lower levels and try to form a higher floor. That…

Tracking stolen crypto — How blockchain analysis helps recover funds

Amid the rapid evolution of decentralized finance (DeFi) and the broader Web3 landscape, security is of paramount importance. New threats continue to emerge, making it essential to understand attack patterns for risk assessment and reliability evaluation. In 2023 alone, over $990 million was lost or stolen, according to Cointelegraph’s Crypto Hacks database.  This growing demand for security has led to the emergence of a diverse ecosystem of Web3 security expertise, ranging from decentralized identity solutions to smart contract auditors, ensuring the safety of this dynamic digital space. Sign up to…

The evolution of decentralized exchanges: A comparative analysis

boss

Let’s dive into the evolution of DEXes as we explore the shift from automated market makers (AMMs) to the time-tested order book model. We must understand the inherent advantages and challenges of each approach, and discover how UTXO-based blockchains can reshape the trading landscape and bridge the gap between traditional finance and the dynamic world of crypto. Quick takes DEXes address centralized exchange challenges, but centralized platforms still offer superior trading functionalities not found in Web3. The AMM model revolutionized DeFi but comes with limitations like impermanent loss and slippage.…

Bitcoin pioneer Hal Finney couldn’t be Satoshi Nakamoto, new analysis suggests

boss

Bitcoin pioneer Hal Finney was competing in a 10-mile race at the exact time Satoshi Nakamoto was responding to emails and transacting on Bitcoin, newly surfaced evidence has revealed. For years, it has been commonly speculated that the late Hal Finney, a computer scientist, was the creator of Bitcoin. He was the first person besides Satoshi to download and run Bitcoin’s software and was the first recipient of Bitcoin. Finney, however, denied the theory until his passing in 2014. Jameson Lopp, a self-proclaimed cypherpunk and co-founder of Bitcoin custody fi…

Price analysis 10/16: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

boss

Stock markets flashed green at the weekly open, and crypto prices followed. After two successive weeks of gains, the S&P 500 Index (SPX) started the week on a positive note. This suggests a risk-on sentiment which is a bullish sign. The volatility is likely to pick up as 11% of the S&P 500 companies are expected to report results this week. The risk-on sentiment could boost buying interest in select cryptocurrencies. One area where bullish activity is seen is the Grayscale Bitcoin Trust (GBTC). Grayscale’s legal victories have reduced the…

Bitcoin price dips amid Israel-Hamas war: analysis and forecast

boss

As tensions rise between Israel and Hamas, Bitcoin’s value slides. Explore the global dynamics at play and the potential future trajectory for the cryptocurrency. Bitcoin (BTC), as of Oct. 12, has slid to $26.5k levels, a dip from its recent support at $27k levels. Over the last 24 hours, BTC has experienced a decline of about 2%, and this drop becomes even more pronounced when compared to its weekly high of $27,800, marking a 3.5% decrease.  One major influence behind this downtrend appears to be the rising tension between Israel…