Belfort, previously a bitcoin critic, now says he believes the cryptocurrency holds advantages over stocks.
BTC is moving sideways as its short-term uptrend slows.
Crypto mining stocks could deliver amplified returns during a bitcoin bull market, according to FundStrat research.
Bitcoin looks to have charted a rising wedge pattern, a sign of uptrend fatigue.
The month-long uptrend from $43,000 remains intact, although longer-term signals are weakening.
WISeKey's stock surged nearly 70% after it mentioned NFT in its press release, which is unusual for the small firm.
Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.
There is "no good reason to own BTC unless you see prices going up," the bank says, but it is intrigued by decentralized finance.
The Federal Reserve has strengthened bitcoin's appeal as an inflation hedge, opening doors for a continued price rally.
Bitcoin's rally reignited the short-term trend and will now test resistance around $60K as it eyes all-time-highs.
The BitVol index level puts the cryptocurrency's annualized volatility at 100%.
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.
Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern.
“Short-term momentum remains positive, but far less so than in February,” writes one analyst.
The active supply of bitcoin held for shorter periods of time keeps shrinking, according to Arcane Research.