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Tag Archives: Analyst

Analyst Says Cryptocurrency Trading Will Be Dominated by Wall Street

Mainstream capital markets have introduced bitcoin futures trading in December 2017, which triggered a run towards the $20,000 highs. That may have been just the beginning as investment bankers in Wall Street announce cryptocurrency trading desks. Wall Street to Domesticate Cryptocurrencies, Says Analyst Barclays Plc, one of the largest banks in the UK, has recently announced it is adhering to ...

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Analyst: Ethereum Price Decline Was Expected, Flawed Argument

A new industry report predicts big gains for Bitcoin Cash matched by like declines in Ethereum as 2018 moves through late spring. Report Expects BCH to Reach $2000 by May The report titled Cryptocurrencies: Past, Present, and Future in which researchers claim to have used a combination of historical data and a “data-driven algorithm” has resulted in some very optimistic predictions for ...

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2018 ‘Mature’ Crypto Market Will Draw More Investment, See Less Volatility, Analyst Says

Adrian Lai, founding partner of Hong Kong-based crypto investment firm Orichal Partners, has forecast that in 2018 the crypto market will “mature” and increase its trading volume, particularly among institutional investors, the South China Morning Post reported April 9. Lai characterized both last year’s eye-popping market cap growth — reaching an all-time high of over $800 bln by early Jan. ...

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Wall Street Analyst Believes Tax Season will Cause Crypto Selloff

Wall Street analyst Thomas Lee believes that tax season will cause a massive crypto selloff, as reported by CNBC. Why? Because U.S. households likely owe as much as $25 billion in taxes on cryptocurrencies. Lee, the head of research at Fundstrat Global Advisors, predicts that this large amount will lead to people getting rid of their crypto before the mid-April tax ...

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Analyst: Whales Are Asking For Multi-Billion Dollars Worth of Bitcoin

Blockchain strategist Jeremy Gardner accused of triggering a Bitcoin bull run for tweeting there are several bids for multi-billion dollar blocks. Blockchain Strategist Sees Demand for Multi-Billion Dollar Blocks Jeremy Gardner, an American cryptocurrency entrepreneur who lives in the Crypto Castle in San Franscisco, may have triggered a bullish run for Bitcoin. The founder of The Blockchain Education Network, has ...

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Bitmain Has Developed an Ethereum ASIC Miner, Wall Street Analyst Claims

Join our community of 10 000 traders on Hacked.com for just $39 per month. A leading Wall Street research firm has slashed price targets for leading chipmakers Nvidia and AMD, claiming that it has received confirmation that cryptocurrency mining hardware manufacturer Bitmain has begun producing Ethereum ASIC miners. Writing a Monday note to clients, Susquehanna analyst Christopher Rolland said that ...

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Wall Street Analyst Lowers Price Targets Of AMD, Nvidia Shares In Reaction To Bitmain Competition

Wall Street firm Susquehanna has changed the rating of semiconductor firm AMD from neutral to negative and lowered the price forecast for shares in GPU processing manufacturer Nvidia, citing the rising competition from Bitmain’s Ethereum (ETH) mining ASICs, CNBC reports today, March 26. Susquehanna analyst Christopher Rolland told clients in a note that Bitmain will be shipping an ASIC for ...

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Facebook’s Data Security Meltdown Could Bolster Blockchain: Analyst

Join our community of 10 000 traders on Hacked.com for just $39 per month. The social media giant shouldn’t mistake the forest for the trees. While Facebook continues to reel from a security breach involving the personal data of tens of millions of users, they may just have demonstrated the value of an unalterable public ledger, aka blockchain. RBC Capital Markets ...

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Analyst Predicts Bitcoin Will Drop to $2,800 This Year

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin’s pending “death cross” has left investors worried and confused. According to a graph posted by Bloomberg, the 50-day moving average is getting close to the 200-day moving average. If it touches the latter, or worse, goes below it, bitcoin will suffer a great loss. Considering these ...

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