Eddy Gifford

Potential Altcoin Overhang Could Turn Into 'Unfortunate Snowball Effect' Amid FTX Concerns: Advisor
Potential Altcoin Overhang Could Turn Into 'Unfortunate Snowball Effect' Amid FTX Concerns: Advisor
Bitcoin BTC jumped above 26 000 and reversed Monday's decline to three month lows under 25 000 a move best described as a short squeeze Tactive Wealth Advisor Eddy Gifford discusses his crypto markets outlook as investors digest the possibility of FTX securing approval from bankruptcy court to sell assets from its 3 4 billion [...]
Potential Altcoin Overhang Could Turn Into 'Unfortunate Snowball Effect' Amid FTX Concerns: Advisor

Bitcoin Price Remains in Summer Doldrums, Trading Around $29.3K
Bitcoin Price Remains in Summer Doldrums, Trading Around $29.3K
Tactive Wealth advisor Eddy Gifford joins "First Mover" to discuss the lack of price movement in bitcoin (BTC) as the largest cryptocurrency by market cap is trading pretty flat around the $29,300 level. Plus, Gifford's crypto markets outlook ahead of a spot bitcoin ETF decision in the U.S.
Bitcoin Price Remains in Summer Doldrums, Trading Around $29.3K

Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High
Bitcoin's (BTC) sudden rally to two-month highs has spurred demand for calls and boosted activity in the options market, with $3.3 billion's worth of bitcoin options contracts changing hands across major exchanges, including Deribit. Tactive Wealth Advisor Eddy Gifford discusses the surge in bitcoin options volume.
Bitcoin Options Volume Jumps to $3.3B as Price Rallies to Two-Month High

Bitcoin Hovers Around $30K
Bitcoin Hovers Around $30K
Bitcoin extended its rally on Thursday after crossing the 30 000 mark for the second time this year the day before The cryptocurrency has been on an upward trajectory since last week after Black Rock announced it had applied to the U S Securities and Exchange Commission SEC for a spot bitcoin exchange traded fund [...]
Bitcoin Hovers Around $30K

How Crypto Markets Are Responding to Odds of an Interest Rate Hike
How Crypto Markets Are Responding to Odds of an Interest Rate Hike
"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.
How Crypto Markets Are Responding to Odds of an Interest Rate Hike

Bitcoin Back Above $27K Despite Debt Ceiling Showdown
Bitcoin Back Above $27K Despite Debt Ceiling Showdown
Bitcoin (BTC) and ether (ETH) are gaining some ground as U.S. debt ceiling negotiations continue and President Biden declaring that the country will not default on its debt. Tactive Wealth advisor Eddy Gifford discusses the crypto market's reaction while Tether and Circle are diversifying reserves to mitigate dollar risks.
Bitcoin Back Above $27K Despite Debt Ceiling Showdown

Bitcoin Drops Below $28K
Bitcoin Drops Below $28K
Bitcoin has fallen below $28,000, reaching a 24-hour low of $27,314.22. This comes as the increase in bitcoin's dominance rate has halted, hinting at the potential outperformance of altcoins ahead. Tactive Wealth Advisor Eddy Gifford joins “All About Bitcoin” to discuss his bitcoin price outlook.
Bitcoin Drops Below $28K

Bitcoin Outlook Ahead of Fed Interest Rate Decision
Bitcoin Outlook Ahead of Fed Interest Rate Decision
Tactive Wealth Advisor Eddy Gifford discusses bitcoin's (BTC) price action as traders await another key decision from the U.S. Federal Reserve on interest rates. Plus, his outlook on the largest cryptocurrency by market capitalization and key resistance level.
Bitcoin Outlook Ahead of Fed Interest Rate Decision

Could FTX Collapse Trigger a Crypto Domino Effect?
Could FTX Collapse Trigger a Crypto Domino Effect?
Bitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.
Could FTX Collapse Trigger a Crypto Domino Effect?

Has Bitcoin Bottomed Out?
Has Bitcoin Bottomed Out?
Tactive Wealth Advisor Eddy Gifford discusses his outlook for bitcoin (BTC) and whether the cryptocurrency has bottomed out amid low volatility. Plus, his take on the impact of the U.S. Federal Reserve's interest rate hikes and the upcoming midterm elections on the crypto markets.
Has Bitcoin Bottomed Out?