Archive for January 2021
Elon Musk Adds “Bitcoin” to Twitter Bio as BTC Posts Monster-Sized Breakout
Elon Musk has long teased his interest in Bitcoin, but his advocacy for the cryptocurrency was solidified today when he added #Bitcoin to his Twitter bio This change coincided with a massive green candle seen by BTC that sent it rocketing up to highs of nearly $39,000 this morning It remains unclear as to whether…
Read MoreThis project aims to deliver on one of DeFi’s most important missions
Community governance has been added to a host of features that make YFDAI Finance a leading platform in the DeFi space. Since its creation in 2009, blockchain technology promised to rid the world of the need for trusted third parties. DeFi has taken this promise seriously and is changing the way we look at finance,…
Read MoreDogecoin Explodes 1,100% in GameStop-Like Copycat Rally
Dogecoin (DOGE) underwent one of the quickest bull runs in the history of cryptocurrency markets, rising by more than 1,100 percent in just two days as a Reddit group “SatoshiStreetBets” called on ordinary traders to buy the meme-based token. Such DOGE, Much Wow! The frenzied trading catapulted Dogecoin’s market valuation to around $9.5 billion, making…
Read MoreBitcoin Fractal That Crashed BTC/USD by 50% Flashes Again in 2021
Bitcoin is showing signs of replicating its trend from 2019 that crashed its prices by more than 50 percent. According to a fractal first spotted by TradingShot, an independent trade analytics firm, the flagship cryptocurrency’s downside correction move from its recently-established record high near $42,000 is very similar to its plunge in June 2019. That…
Read MoreEerie Gold Fractal From 2020 Leaves Bitcoin Exposed to $27K-Retest
Bitcoin’s price correction from its record high of approx $42,000 in early January appears eerily similar to that of spot gold in August 2020. In retrospect, the precious metal rallied to its all-time high of $2,075.28 on January 8. Its wild move upward prompted traders to secure profits. As a result, the XAU/USD exchange rate…
Read MoreRecurring Buys And Why You Should Start Doing It With Your Crypto
Investing in crypto can be rewarding but also incredibly stressful — especially when things aren’t going too well. At the time of writing, Bitcoin is down over 20% in the past week after an incredible run. It’s fair to say that things can be… up and down. So it’s a good idea to take the…
Read MoreSix Investment Strategies to Make Bitcoin Less Stressful
Yes, we’re in a bull run but investing in crypto isn’t always easy — it can be damn right stressful. Even if things are going well, you can become obsessed (does checking your bitcoin balance every half an hour sound familiar?) But there are a few ways to take the emotion out of investing. Not least…
Read MoreBitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto
Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin…
Read MoreLost And Found: Man Recovers Bitcoin From Hard Drive Burned In A Fire
Bitcoin is once again in the news, the subject of internet chatter, and watercoolor talk. It is for the first time also the darling of Wall Street, beating out every other financial asset under the sun. The media blitz, rising price, and widespread FOMO has those who have lost Bitcoin in the past feeling the…
Read MoreThe Market Needs Crypto Cards For Daily Purchases
Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among…
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