Cryptocurrency Pullback was an Overreaction to Bitcoin ETF News

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Apparently, we’ll have to wait just a bit longer on the Bitcoin ETF. The crypto-universe is abuzz with news the U.S. SEC delayed their decision on the fund. Unfortunately, that news helped wipe out over $9 billion of value from BTC. Still, there’s good news. For one, the herd overreacted. While much of the news … Continue reading “Cryptocurrency Pullback was an Overreaction to Bitcoin ETF News”

Three Reasons to be Bullish on Ethereum (ETH) Prices

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Cryptocurrencies are under pressure again today, but there’s still plenty of good news. Look at Ethereum (ETH) for example. Granted, since hitting a high of $1,432 earlier this year, it sank 74% to $367. Though, don’t count it out just yet. After being dragged down by the rest of the market, it still has plenty … Continue reading “Three Reasons to be Bullish on Ethereum (ETH) Prices”

Bitcoin Prices Could Test $10,000 Next Month

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The good news for crypto traders keeps coming. After testing a low of $5,835 in June 2018, Bitcoin prices surged to a recent high of $7,757. Analysts believe it could now rally back to $10,000 short-term thanks in part to recent news. International financial watchdog, the Financial Stability Board (FSB) found Bitcoin and other cryptocurrencies … Continue reading “Bitcoin Prices Could Test $10,000 Next Month”