Markets Weekly: Price Crosses $300 Following Coinbase News

Markets Weekly: Price Crosses $300 Following Coinbase News

The price of bitcoin has rocketed over the past week, gaining 19% over the seven days to break the $250 mark. Just before 08:00 (GMT), the price pushed beyond $300, and it was still hovering around that level at press time. The bitcoin price opened the week at $209.93 and closed seven days later at $254.51, gaining a whopping $40 over that period, according to the CoinDesk Bitcoin Price Index. Buying on the news. Two bullish announcements - both involving the bitcoin services juggernaut Coinbase - coincided with the price spike last week. This doesn't even account for a third notice from....


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Golden cross vs. death cross explained

Golden crosses and death crosses are key signals that technical analysts use to determine whether an asset is trending upward or downward. How can traders use the golden and death crosses in their trading strategies?Traders typically buy during a golden cross and sell during a death cross. Different traders will have different approaches to crossover signals. Some traders might wait for a confirmed golden or death cross before entering or exiting a trade. Others might use the crosses as confirmation signals in conjunction with other technical indicators.In general, however, the golden and....