šŸ” CryptMarket Analysis — 16-09-12

Crypto markets are bracing for volatility as the Federal Reserve's anticipated rate cut this week dominates macro headlines. Substantial inflows into Bitcoin ETFs—$2.3 billion in just five days—signal mounting investor optimism, with markets positioning for a bullish breakout on expected mone... ... Read full CryptMarket Analysis — 16-09-12

$300K Bitcoin target ā€˜becoming increasingly likely,’ analyst says

$300K Bitcoin target ā€˜becoming increasingly likely,’ analyst says

Key takeaways:Bitcoin's bull market still has room to run with a target range of $150,000-$300,000, analysts say.BTC must decisively push above the $112,000-$114,000 zone to ignite a possible rally to $140,000.Bitcoin’s sudden drop to $108,000 last week made it a 13% drawdown from its $124,500 all-…

Central Banks May Stockpile Bitcoin In 5 Years, Deutsche Bank Predicts

Central Banks May Stockpile Bitcoin In 5 Years, Deutsche Bank Predicts

Reports have disclosed that Deutsche Bank research sees room for Bitcoin to sit alongside gold on some central bank balance sheets by 2030. The bank’s paper says that both assets can act as hedges against certain risks and that the path Bitcoin would follow mirrors gold’s slow adoption into official…

When the world's largest asset manager and the 'bond king' both agree - run to gold, silver and bitcoin

When the world's largest asset manager and the 'bond king' both agree - run to gold, silver and bitcoin

By Charlie GarciaBlackRock and DoubleLine's Jeffrey Gundlach join the preppers defending against Washington's financial repressionFinancial repression is what happens when the government needs to make its $37 trillion debt disappear without actually paying it back.I've been telling MarketWatch reade…

Bitcoin Loses 'Digital Gold' Label, Top Bloomberg Expert Proves

Bitcoin Loses 'Digital Gold' Label, Top Bloomberg Expert Proves

Bitcoin's role in financial markets is changing, and there are some numbers that make this very clear.Ā Michael McGlone, a Bloomberg Intelligence strategist, pointed out that as of Sept. 10, the 48-month correlation between Bitcoin and the S&P 500 reached 0.5598, its highest point on record.Ā To put i…