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May 7: The Traders' War... New vs Seasoned...

May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000

Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000

After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader

Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.

Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader

Bitcoin Needs to Hold the $50-52k Area to Avoid Dipping to $40,000, says Crypto Trader

Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.

Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Crypto trader Michael van de Poppe recently said that the next quarter would be good for altcoins.

Ethereum Price Set to Reach $2,000 When the Correction is Over, Altcoins to Outperform Bitcoin

Ethereum Price Set to Reach $2,000 When the Correction is Over, Altcoins to Outperform Bitcoin

Cryptocurrency trader commented on the outlook for ETH, saying once the correction is over, Ethereum’s price could head towards $2,000

Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High

Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High

Two prominent figures in the industry have recently revealed their investment in Bitcoin and their reiterated sentiment towards the digital asset.

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Crypto trader Carl Martin trusts that entrepreneurs are keeping a keen eye on the Bitcoin moves made by Elon Musk

Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst

Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst

Crypto trader Michael van de Poppe believes that holding onto BTC long term is the way to go. Here's why.

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.

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