Three months since the peak of bitcoin’s meteoric multi-year bull trend, many analysts are predicting a bearish outlook for the BTC markets. Prominent Chinese trader, Zhao Dong, has described bitcoin as exhibiting four-year market cycles that resemble the seasons in a year, forecasting that the “winter” of cryptocurrency will set-in during 2019. Harvard professor, Kenneth […]
A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms. Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds Dark Marketplaces Increase Altcoin Adoption The study, conducted by Recorded Future, involved […]
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The CEO and founder of Pantera Capital, Dan Morehead, recently told media that bitcoin is “under-owned” by institutional investors despite high demand for cryptocurrency exposure. Mr. Morehead also predicted bitcoin to produce bullish price movements in coming weeks. Also Read: Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend Pantera Bullish on Bitcoin In a recent […]
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