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Posts published in “Bear Market”

Famous Swiss Investor Marc Faber Finally Buys Bitcoin

Renowned Swiss investor and central bank critic Marc Faber has finally bought Bitcoin (BTC).  Does this mean the bear market is on its way out?  Marc Faber may not be revered for his views on racial equality. But when it comes to investing, he’s up…

Bitcoin Price May Re-enter Bear Market, Warns Analyst (As Altcoins Gain Favor)

The Bitcoin (BTC) price may soon resume its downward trajectory despite mounting technical robustness, an analyst has claimed.  ‘Ripe To Resume Lower Prices’ Bloomberg Intelligence analyst Mike McGlone identified diminishing daily returns this month, suggesting an imminent continuation of Bitcoin’s bear market. Bitcoin (BTC) had…

Crypto Market Wrap: Could Cooling Off Lead to a Weekend Dump?

Crypto markets cooling as we end the week; EOS drops to fifth, IOTA and NEO still buoyant, Crypto.com surges. Market Wrap There have been no further gains on crypto markets over the past 24 hours and they appear to be starting a pullback as we…

Pantera CEO: This crypto winter is different than any we’ve seen before

In a recent “Unconfirmed” podcast episode with Forbes’ journalist Laura Shin, Dan Morehead, CEO at Pantera Capital, said that the ongoing crypto bear market has proven less worrisome than previous price plunges.  The post Pantera CEO: This crypto winter is different than any we’ve seen before appeared…

Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11.72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in…