Bitcoin ($BTC) Could End the Year at $28,000, Deutsche Bank Analysts Say

Analysts at Deutsche Bank have revealed they expect the price of the flagship cryptocurrency Bitcoin ($BTC) to be around $28,000 by the end of the year given how the cryptocurrency has been trading in tandem with U.S. stocks. According to Bloomberg, analysts Marion Laboure and Galina Pozdnyakov have suggested that BTC may see a rally […]

SBF’s FTX Reportedly Set To Buy Crypto Lender BlockFi for Just $25 Million

According to a report by CNBC, crypto exchange FTX, which was co-founded by billionaire Sam Bankman-Fried (aka “SBF”), is “close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week.” CNBC’s report, which was written by CNBC technology reporter Kate Rooney, stated that […]

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Geopolitical Tailwinds Have ‘Strengthened Long-Term Value Proposition’ of Crypto: CryptoCompare Report

In a wide-ranging report leading cryptocurrency market data and index provider CryptoCompare has suggested that in the short to medium term it sees a recession in global financial markets, although geopolitical tailwinds have “strengthened the long-term value proposition” of crypto. In its Outlook 2022 report, CryptoCompare details that in financial history there have been instances […]

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