Crypto downturn sees BTC touch $58k;Bitcoin Dogs fluctuates

Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived more than 6% in the past 24 hours to trade below $59,000. The crypto market capitalization also tumbled as a sea of red engulfed altcoins Major altcoins saw huge declines to push the total market […]

Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%

Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already down roughly 35% versus their YTD high. Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday. Its shares are down 1.0% at […]

JPMorgan analyst sees a ‘conditional’ upside to $45,000 in Bitcoin

Nikolaos Panigirtzoglou says BTC should be trading at $45,000. His forecast is based on gold that’s currently near the $2,000 level. Despite recent weakness, Bitcoin is up more than 60% year-to-date. Nikolaos Panigirtzoglou – a JPMorgan analyst remains bullish on Bitcoin even though it has taken a hit in recent weeks. A gold-based forecast for […]

Metacade price sees strong bounce off key technical level

Metacade price has jumped 4% in the past 24 hour as bulls bounced off a key support level. With Metacade building the ultimate Web3 hub, interest in MCADE could see its price rally in coming months. The price prediction for Metacade however also takes into account potential headwinds around broader risk asset markets. Metacade price […]

Warren Buffett still sees bitcoin as a ‘gambling token’

Bitcoin is up again following the U.S. inflation data on Wednesday. Warren Buffett reiterates that BTC doesn’t have any intrinsic value. BTC is currently up a whopping 80% since the start of the year. Bitcoin has climbed a whopping 80% since the start of the year but the “Oracle of Omaha” is still not convinced […]

Bitcoin sees $23.3K amid market reaction to US jobs report

Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low of 3.4%. Bitcoin responded to Friday’s US jobs report by […]