Can Bitcoin rally in December? | Tune in now to The Market Report w/ Gareth S...

Can Bitcoin rally in December? | Tune in now to The Market Report w/ Gareth S...

“The Market Report” with Cointelegraph is live right now with special guest Gareth Soloway, chief market strategist of InTheMoneyStocks. Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: Bitcoin (BTC) has had the shallowest correction of the year so far, having fallen just 17% from its all-time high. Does this mean we may be on track for a Santa Claus rally in December?PlanB’s popular floor model failed....


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BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway

“The Market Report” with Cointelegraph is live right now with special guest Gareth Soloway, an experienced swing and day trader. Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman on “The Market Report” — which is live right now! Here’s what to expect in this week’s markets news breakdown:Whales have been busy moving a record amount of Bitcoin (BTC). How will this affect prices?Bitcoin is long overdue for a “FOMO rally” to new all-time highs, according to Bobby Lee, the former CEO of BTCC. Does his claim have merit?Despite....

‘Bitcoin Should be Used as a Currency Tool, Rather Than a Currency Itself’

Cointelegraph SA recently attended the African Cards & Payments Conference in Sandton, Johannesburg, where local bitcoin payment processing company PayFast stood out as a technology company with a vision. We managed to catch up with Bitcoin expert and local entrepreneur, Gareth Grobler, founder of South African bitcoin exchange ICE³ X. Gareth delivered a presentation around Bitcoin technology and chaired a VIP round-table discussion attended by industry professionals from across the continent. The discussions focused on dispelling the myths around Bitcoin and discovering the real....

Another $1 Bln to Bitcoin Market Cap: Why The Rally?

Another $1 bln will be added to the market cap of Bitcoin in one day - that is by tomorrow December 24 if the digital currency’s uptake continues at its current pace. According to CoinMarketCap, the currency, as at the time of this publication, increased by 5.34 percent to push its market cap to $14.6 mln at a rate of $912 per Bitcoin, having recorded around $217 mln worth of transactions within the 24-hour period. This could mean another record for Bitcoin by tomorrow December 23 as its market cap would have crossed the $15 bln mark. There must be an explanation for why the price of....

A ‘Santa Claus Rally’ for the Stock Market?

Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why that might not happen this year.

Could Bitcoin Benefit From A Santa Claus Rally?

CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers believed the year would be closing at. The stock-to-flow model was predicting anywhere between $100,000 to $288,000 per coin, but instead the top cryptocurrency by market cap is below $50,000 or around half of the lower of the two targets.....