Category Archives: BTC

JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

The US dollar is at risk of losing its status as the world’s dominant currency. That’s according to one strategist at JP Morgan’s private bank who is advising wealthy clients cut their dollar holdings in half. Continue reading JP Morgan Admits Dollar’s Doomed Reserve Status to Unwittingly Cheer Bitcoin

Bitcoin Price Slump Flashes Buy Signal in Sub-$10,000 Crash

Bitcoin price continued its plunge below $10,000 on Wednesday, touching $9,274 on Coinbase. The fall marks a 32 percent pullback from the year’s high. For many analysts, the move below $10k is a bearish sign with further drops on the horizon. But could this pullback be a buying opportunity? Continue reading Bitcoin Price Slump Flashes Buy Signal in Sub-$10,000 Crash

Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap

If you think you’ve already missed bitcoin’s biggest price gains, think again. The Winklevoss Twins think bitcoin has plenty of room to run and is wildly undervalued at anything less than a $7 trillion market capitalization. For perspective, bitcoin’s current market cap is $229 billion. Continue reading Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap