The cryptocurrency aficionados’ mantra that Bitcoin is equivalent to digital gold is winning converts among the world’s biggest holders of precious metal. In India, where households own more than 25,000 tonnes of gold, investments in crypto grew from about $200 million to nearly $40 billion in the past year, according to Chainalysis. That’s despite outright hostility toward the asset class from the central bank and a proposed trading ban.
Strategists flag near-term risks for Bitcoin price outlook
Strategists are struggling to see a turnaround ahead for Bitcoin, at least for now, as the digital coin looks to consolidate above the $30,000 level. The near-term setup is “challenging,” a JPMorgan Chase & Co. team including Josh Younger and Veronica Mejia Bustamante wrote in a note Friday, while Fundstrat Global Advisors LLC’s David Grider recommended reducing risk or buying some protection.
Trade-in Cryptocurrency @ 0% Trading Fees:- Signup Now!
Coupon for FREE Cryptocurrency to be used -: "BUYUCOINFREEBTC" to Claim 100 INR worth of free Bitcoin, Ethereum, and Chainlink on signup.
Central Bank of France Tests Blockchain
Bitcoin Price Holds Above $59,000 As Bu
Bitcoin rallied to a record, topping $66,000 fo
Novi Wallet with Paxos Stablecoin is no
The founder of Polkadot (DOT) has annou
El Salvador Converting Their USD to BTC
BTC’s price continues to rise to $60,00
Google and Bakkt have teamed up to brin
Axie Infinity continues to show hints o
According to a survey, 50% of Africans
Ethereum Maintains Its Stronghold at $2
Ethereum is at a critical juncture, whi
RippleX provides a $2 million grant to
Despite a stagnant global cryptocurrenc
Avalanche raises $230M following the sa
Polkadot is en route to a new all-time
Ethereum Must Clear $3,400 For Hopes of
Institutional interest in Litecoin on t
Institutions remain bullish on Cardano
Tezos (XTZ) price has gained 85% this m
Bitcoin hash rate triples since June 28
BTC Taps $50000 For The First Time Sinc
Poly Network hacker returns $258M, cond
Cardano price is hot, but data shows pr
Tether claims to have increased total a
Top Crypto Trader Predicts End of Dogec
Bitcoin Regains Strength, Why Bulls Eye
PancakeSwap and CryptoBlades Boast Most
Bitcoin outflows from centralized excha
Cardano Will Allow Users to Run Smart C
The Pavilion becomes the world’s first
Ethereum, Cardano, Ethereum Classic, an
Is Bitcoin The New Gold? Indians Pour B
Bitcoin Price Reaches Key Support, Why
The cryptocurrency aficionados’ mantra that&nbs
Elon Musk Is Leaving Doge Behind For A
Lolli is offering customers up to 14% back in b
Tron is a blockchain-based decentralized operat