• News
    • Politics
    • Science
    • World
  • Tech
    • Apps
    • Gadget
    • Mobile
    • Startup
  • Entertainment
    • Gaming
    • Movie
    • Music
  • Biography
    • Actor
    • Influencers
    • Models
    • Youtubers
  • Cryptocurrency
    • Bitcoin
  • Home
  • News
    Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

    Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

    Sense of mortality for younger people altered by Covid-19 pandemic

    Sense of mortality for younger people altered by Covid-19 pandemic

    If Voted Back, Trinamool Will Turn Bengal Into Kashmir, Says BJP’s Suvendu Adhikari

    If Voted Back, Trinamool Will Turn Bengal Into Kashmir, Says BJP’s Suvendu Adhikari

    Tamil Nadu elections: Congress gets 25 seats in DMK alliance, talks with CPM on

    Tamil Nadu elections: Congress gets 25 seats in DMK alliance, talks with CPM on

    How to watch the NBA All-Star game: Time and channels

    How to watch the NBA All-Star game: Time and channels

    PM Narendra Modi Dedicates 7,500th Janaushadhi Kendra To Nation

    PM Narendra Modi Dedicates 7,500th Janaushadhi Kendra To Nation

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup
    The excellent Huawei P30s are in sharp decline 🔥

    The excellent Huawei P30s are in sharp decline 🔥

    Five useful Safari extensions for Mac free to try in 2021

    Five useful Safari extensions for Mac free to try in 2021

    it’s worth $ 1.5 million

    it’s worth $ 1.5 million

    That’s it, Microsoft Teams is also switching to end-to-end encryption

    That’s it, Microsoft Teams is also switching to end-to-end encryption

    Genshin Impact Free Primogem Codes in 1.4 Update Trailer: Redeem

    Genshin Impact Free Primogem Codes in 1.4 Update Trailer: Redeem

    Buy an iPhone 12 Pro Max and get an apple-flavored yogurt drink

    Buy an iPhone 12 Pro Max and get an apple-flavored yogurt drink

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Movie
    Is Jennifer Aniston dating Brad Pitt and another man?

    Is Jennifer Aniston dating Brad Pitt and another man?

    Here’s everything you need to know about the ‘#CancelEminem’ debate

    Here’s everything you need to know about the ‘#CancelEminem’ debate

    Priyanka Chopra opens an Indian restaurant in New York and plays puja with Nick Jonas

    Priyanka Chopra opens an Indian restaurant in New York and plays puja with Nick Jonas

    KUWTK: Kim Kardashian Opens Up How To Be Ashamed While Pregnant With North!

    KUWTK: Kim Kardashian Opens Up How To Be Ashamed While Pregnant With North!

    Ioan Gruffudd’s wife Alice Evans claims she didn’t know the actor filed for divorce after 13 years of marriage !!!

    Ioan Gruffudd’s wife Alice Evans claims she didn’t know the actor filed for divorce after 13 years of marriage !!!

    Do you miss WandaVision yet? Here are 5 bizarre TV shows you should watch

    Do you miss WandaVision yet? Here are 5 bizarre TV shows you should watch

  • Biography
    • All
    • Actor
    • Influencers
    • Models
    • Youtubers
    Kiran Srinivas Wiki, Age, Net Worth, Girlfriend, Family, Biography and more

    Kiran Srinivas Wiki, Age, Net Worth, Girlfriend, Family, Biography and more

    Bindass Kavya Phone number WhatsApp number Contact mobile

    Bindass Kavya Phone number WhatsApp number Contact mobile

    Cooper Thornton – Biography, height and life story

    Cooper Thornton – Biography, height and life story

    Casey Ruggieri – Biography, height and life story

    Casey Ruggieri – Biography, height and life story

    Lexis Nutt – Biography, height and life story

    Lexis Nutt – Biography, height and life story

    Scott Takeda – Biography, height and life story

    Scott Takeda – Biography, height and life story

    PVS Gaming phone number WhatsApp number Contact mobile

    PVS Gaming phone number WhatsApp number Contact mobile

    Donna Rusch – Biography, height and life story

    Donna Rusch – Biography, height and life story

    Trending Tags

    • Cryptocurrency
      • All
      • Bitcoin
      The Argentine startup accelerator launches the crypto mining farm in Mar Del Plata – Mining Bitcoin News

      The Argentine startup accelerator launches the crypto mining farm in Mar Del Plata – Mining Bitcoin News

      Ripple’s Asia-Pacific business is thriving despite SEC lawsuit, says CEO – Regulation Bitcoin News

      Ripple’s Asia-Pacific business is thriving despite SEC lawsuit, says CEO – Regulation Bitcoin News

      Personal finance expert Suze Orman says “I love Bitcoin” – advice on buying BTC praises PayPal – Bitcoin News

      Personal finance expert Suze Orman says “I love Bitcoin” – advice on buying BTC praises PayPal – Bitcoin News

      Goldman Sachs sees huge institutional demand for Bitcoin – 76% of customers say BTC price could hit $ 100,000 this year – Bitcoin News

      Goldman Sachs sees huge institutional demand for Bitcoin – 76% of customers say BTC price could hit $ 100,000 this year – Bitcoin News

      A Crypto-Infused Professional Sports League: Billionaires Form Blockchain Advisory Board for the NBA – Blockchain Bitcoin News

      A Crypto-Infused Professional Sports League: Billionaires Form Blockchain Advisory Board for the NBA – Blockchain Bitcoin News

      Selling social media posts for $ 1.5 million? Blockchain Certified Tweet Sales Spark NFT Controversy – Bitcoin News

      Selling social media posts for $ 1.5 million? Blockchain Certified Tweet Sales Spark NFT Controversy – Bitcoin News

      JP Morgan survey: 22% of investors say their institutions are likely to trade or invest in cryptocurrencies – Finance Bitcoin News

      JP Morgan survey: 22% of investors say their institutions are likely to trade or invest in cryptocurrencies – Finance Bitcoin News

      Charges against Geek Group executives for their role in using BTC in an illegal money transfer business – Ordinance Bitcoin News

      Charges against Geek Group executives for their role in using BTC in an illegal money transfer business – Ordinance Bitcoin News

    No Result
    View All Result
    • Home
    • News
      Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

      Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

      Sense of mortality for younger people altered by Covid-19 pandemic

      Sense of mortality for younger people altered by Covid-19 pandemic

      If Voted Back, Trinamool Will Turn Bengal Into Kashmir, Says BJP’s Suvendu Adhikari

      If Voted Back, Trinamool Will Turn Bengal Into Kashmir, Says BJP’s Suvendu Adhikari

      Tamil Nadu elections: Congress gets 25 seats in DMK alliance, talks with CPM on

      Tamil Nadu elections: Congress gets 25 seats in DMK alliance, talks with CPM on

      How to watch the NBA All-Star game: Time and channels

      How to watch the NBA All-Star game: Time and channels

      PM Narendra Modi Dedicates 7,500th Janaushadhi Kendra To Nation

      PM Narendra Modi Dedicates 7,500th Janaushadhi Kendra To Nation

      Trending Tags

      • Trump Inauguration
      • United Stated
      • White House
      • Market Stories
      • Election Results
    • Tech
      • All
      • Apps
      • Gadget
      • Mobile
      • Startup
      The excellent Huawei P30s are in sharp decline 🔥

      The excellent Huawei P30s are in sharp decline 🔥

      Five useful Safari extensions for Mac free to try in 2021

      Five useful Safari extensions for Mac free to try in 2021

      it’s worth $ 1.5 million

      it’s worth $ 1.5 million

      That’s it, Microsoft Teams is also switching to end-to-end encryption

      That’s it, Microsoft Teams is also switching to end-to-end encryption

      Genshin Impact Free Primogem Codes in 1.4 Update Trailer: Redeem

      Genshin Impact Free Primogem Codes in 1.4 Update Trailer: Redeem

      Buy an iPhone 12 Pro Max and get an apple-flavored yogurt drink

      Buy an iPhone 12 Pro Max and get an apple-flavored yogurt drink

      Trending Tags

      • Nintendo Switch
      • CES 2017
      • Playstation 4 Pro
      • Mark Zuckerberg
    • Entertainment
      • All
      • Movie
      Is Jennifer Aniston dating Brad Pitt and another man?

      Is Jennifer Aniston dating Brad Pitt and another man?

      Here’s everything you need to know about the ‘#CancelEminem’ debate

      Here’s everything you need to know about the ‘#CancelEminem’ debate

      Priyanka Chopra opens an Indian restaurant in New York and plays puja with Nick Jonas

      Priyanka Chopra opens an Indian restaurant in New York and plays puja with Nick Jonas

      KUWTK: Kim Kardashian Opens Up How To Be Ashamed While Pregnant With North!

      KUWTK: Kim Kardashian Opens Up How To Be Ashamed While Pregnant With North!

      Ioan Gruffudd’s wife Alice Evans claims she didn’t know the actor filed for divorce after 13 years of marriage !!!

      Ioan Gruffudd’s wife Alice Evans claims she didn’t know the actor filed for divorce after 13 years of marriage !!!

      Do you miss WandaVision yet? Here are 5 bizarre TV shows you should watch

      Do you miss WandaVision yet? Here are 5 bizarre TV shows you should watch

    • Biography
      • All
      • Actor
      • Influencers
      • Models
      • Youtubers
      Kiran Srinivas Wiki, Age, Net Worth, Girlfriend, Family, Biography and more

      Kiran Srinivas Wiki, Age, Net Worth, Girlfriend, Family, Biography and more

      Bindass Kavya Phone number WhatsApp number Contact mobile

      Bindass Kavya Phone number WhatsApp number Contact mobile

      Cooper Thornton – Biography, height and life story

      Cooper Thornton – Biography, height and life story

      Casey Ruggieri – Biography, height and life story

      Casey Ruggieri – Biography, height and life story

      Lexis Nutt – Biography, height and life story

      Lexis Nutt – Biography, height and life story

      Scott Takeda – Biography, height and life story

      Scott Takeda – Biography, height and life story

      PVS Gaming phone number WhatsApp number Contact mobile

      PVS Gaming phone number WhatsApp number Contact mobile

      Donna Rusch – Biography, height and life story

      Donna Rusch – Biography, height and life story

      Trending Tags

      • Cryptocurrency
        • All
        • Bitcoin
        The Argentine startup accelerator launches the crypto mining farm in Mar Del Plata – Mining Bitcoin News

        The Argentine startup accelerator launches the crypto mining farm in Mar Del Plata – Mining Bitcoin News

        Ripple’s Asia-Pacific business is thriving despite SEC lawsuit, says CEO – Regulation Bitcoin News

        Ripple’s Asia-Pacific business is thriving despite SEC lawsuit, says CEO – Regulation Bitcoin News

        Personal finance expert Suze Orman says “I love Bitcoin” – advice on buying BTC praises PayPal – Bitcoin News

        Personal finance expert Suze Orman says “I love Bitcoin” – advice on buying BTC praises PayPal – Bitcoin News

        Goldman Sachs sees huge institutional demand for Bitcoin – 76% of customers say BTC price could hit $ 100,000 this year – Bitcoin News

        Goldman Sachs sees huge institutional demand for Bitcoin – 76% of customers say BTC price could hit $ 100,000 this year – Bitcoin News

        A Crypto-Infused Professional Sports League: Billionaires Form Blockchain Advisory Board for the NBA – Blockchain Bitcoin News

        A Crypto-Infused Professional Sports League: Billionaires Form Blockchain Advisory Board for the NBA – Blockchain Bitcoin News

        Selling social media posts for $ 1.5 million? Blockchain Certified Tweet Sales Spark NFT Controversy – Bitcoin News

        Selling social media posts for $ 1.5 million? Blockchain Certified Tweet Sales Spark NFT Controversy – Bitcoin News

        JP Morgan survey: 22% of investors say their institutions are likely to trade or invest in cryptocurrencies – Finance Bitcoin News

        JP Morgan survey: 22% of investors say their institutions are likely to trade or invest in cryptocurrencies – Finance Bitcoin News

        Charges against Geek Group executives for their role in using BTC in an illegal money transfer business – Ordinance Bitcoin News

        Charges against Geek Group executives for their role in using BTC in an illegal money transfer business – Ordinance Bitcoin News

      No Result
      View All Result
      No Result
      View All Result
      Home Cryptocurrency Bitcoin

      Bitcoin’s Price Must Exceed $ 40,000 to Stop Exodus Of Traders: JPMorgan Analysts – CoinDesk

      Socialmediagossips by Socialmediagossips
      January 19, 2021
      in Bitcoin, Cryptocurrency
      2 min read
      0
      Bitcoin’s Price Must Exceed $ 40,000 to Stop Exodus Of Traders: JPMorgan Analysts – CoinDesk
      Share on FacebookShare on Twitter

      JPMorgan analysts see $ 40,000 as an important battlefield for bitcoin that bullish traders must recapture in order for the meteoric rise of the cryptocurrency to continue.

      According to a report from Bloomberg on Monday, if bitcoin price fails to break above $ 40,000, the cryptocurrency could see another downward trend.

      According to strategists at JPMorgan and head of global market strategy Nikolaos Panigirtzoglou, a greater contribution from the multi-billion dollar Bitcoin trust of digital asset manager Grayscale Investments is required to keep prices above this key level. The analysis also took into account the demand for Bitcoin futures.

      The bearish outlook would likely be triggered by a bevy of traders leaving the market due to a possible change in the short-term trend and a lack of further institutional flows, the report said.

      “The inflow into the Grayscale Bitcoin Trust would likely have to maintain its pace of $ 100 million per day in the coming days and weeks for such an outbreak to occur,” strategists said in a statement to investors on Friday indicated a price violation of over $ 40,000.

      Grayscale announced on Saturday that it had made its largest one-day increase in the company’s existence, adding more than $ 700 million to its family of products, including Bitcoin.

      How long the digital asset manager can maintain these levels remains unclear.

      The analysts said Bitcoin is now in a similar position as it was in November 2020 when Bitcoin played with a move towards $ 20,000. Bitcoin surpassed $ 20,000 on December 16, a move JPMorgan analysts attributed to Grayscale’s involvement in the market. Grayscale is owned by the Digital Currency Group, the parent company of CoinDesk.

      Traders “could spread last week’s correction,” JPMorgan analysts also said, citing Bitcoin’s sharp drop of over 20% on Jan. 10 before a partial recovery was sparked by opportunists.

      If Bitcoin does not get $ 40,000 back, “the momentum signals from here will of course wane by the end of March,” the analysts said in the report.

      At press time, Bitcoin was trading at $ 37,250, up 2% in 24 hours.

      TO EDIT (13:45 UTC, January 19, 2021): Corrected incorrect use of a date for 2017 in the fourth paragraph from below.

      Share this:

      • Twitter
      • Facebook
      • LinkedIn
      • Pinterest
      • Telegram
      • WhatsApp
      Previous Post

      Ephemeral glow of the ‘lost galaxy’ NGC 4535, which was captured in detail by the Hubble telescope

      Next Post

      How Trump will hand off the ‘nuclear football’ to Biden

      Socialmediagossips

      Socialmediagossips

      Next Post
      How Trump will hand off the ‘nuclear football’ to Biden

      How Trump will hand off the 'nuclear football' to Biden

      Categories

      • Actor
      • Apps
      • Biography
      • Bitcoin
      • Cryptocurrency
      • Entertainment
      • Gadget
      • Influencers
      • Mobile
      • Models
      • Movie
      • News
      • Startup
      • Tech
      • Uncategorized
      • Youtubers

      Recent News

      The excellent Huawei P30s are in sharp decline 🔥

      The excellent Huawei P30s are in sharp decline 🔥

      March 6, 2021
      Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

      Officials don’t listen to you? Beat them up with sticks: Giriraj to Begusarai residents

      March 6, 2021
      • About
      • Privacy & Policy
      • Advertise
      • Contact

      COPYRIGHT © 2020 Socialmediagossips.Com | ALL RIGHTS RESERVED.

      No Result
      View All Result
      • News
        • Politics
        • Science
        • World
      • Tech
        • Apps
        • Gadget
        • Mobile
        • Startup
      • Entertainment
        • Gaming
        • Movie
        • Music
      • Biography
        • Actor
        • Influencers
        • Models
        • Youtubers
      • Cryptocurrency
        • Bitcoin

      COPYRIGHT © 2020 Socialmediagossips.Com | ALL RIGHTS RESERVED.