Crypto Research
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Gemini dollar (GUSD) has broken the $100 million marketcap and has been added to the daily tracking chart above. _CRYPTO FEAR & GREED INDEX_ The Fear & Greed Index for bitcoin and other large cryptocurrencies jumped 12 points over night reaching 95, a repeat of its highest level ever and a level not posted since January 6th, on news that Tesla had bought $1.5 billion in bitcoin. The index rose 19...
Tesla news sent Bitcoin and crypto soaring this morning. We see this as an important moment for market validation but are not surprised by the move. In our 2021 CRYPTO OUTLOOK report we saw corporate crypto buyers as a key catalyst for demand (slide 19: factor #16) and reason for raising our price target on Bitcoin from $40k to $100k. We’re reiterating our bullish view on crypto. ● TESLA $1.5...
THIS MESSAGE IS BEING SENT SOLELY TO CLIENTS OF FSINSIGHT Last Thursday, we held our FSInsight 2021 crypto outlook call and made three bold predictions:We raised our price target on Bitcoin from $40k to $100k.We reiterated our $10.5k Ethereum price target released on 1/20/2021.We forecasted the total crypto market cap to rise to $5T. Source: FSInsight OUTLOOK IMPLIED CRYPTO MARKET EXPECTATIONS While prices have risen a bit since our call...
Highlights from the North American listed crypto, blockchain and mining stocks:Voyager Digital (CSE: VYGR) was the best performing stock this week gaining 151.1%.Bit Digital (Nasdaq: BTBT) announced management changes with the resignation of the company’s Chairwoman and removing the firms CEO.HIVE Blockchain Technologies (TSX.V:HIVE) is expanding its Swedish GPU mining center by 30% adding 2 MW at the cost of $9 million by the second quarter. The firm also filed a $100 million mixed shelf...
