Bitcoin Consolidation At ATH: Expect Shake Outs, Traps, & More Before Next Leg
Bitcoin is trading right around its former all-time high, and although a new record has been set, the crypto market has yet to see the fireworks that they had been expecting once here. Instead, a pseudonymous technical analyst says that what the market should be anticipating instead of a direct moonshot, is “consolidation” consisting of […]
Related News
There’s a new Android application called Shake that enables users to tap-and-pay for items with Bitcoin and NFC (Near Field Communication) technology. On March 19th Shakepay.co introduced its service by saying “Bonjour” to the world. Shake will offer some unique features for cryptocurrency users and their smartphones. The platform will make it possible....
Shake, the service that creates VISA debit cards you can load with bitcoin, is opening beta testing to the public. A bunch of new features is also on the way to complement the service. Tap-and-Pay, Plastic Cards, All With Bitcoin. Shake is launching the open beta after a successful six-month alpha testing period. Famously, the test saw BitGo engineer Mason Borda order a Tesla Model 3 using a virtual Shake card for the deposit. The Canadian company currently offers apps for Android and iOS. Users with NFC-enabled phones can also use them to make tap-and-pay payments at store terminals.....
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until mid-March.
Shake Shack Experiments With Bitcoin Trial to Lure Millennial and Gen Z Customers
The fast-food restaurant chain Shake Shack is experimenting with cryptocurrency rewards as the company has partnered with Block Inc. in order to give away bitcoin (BTC). The announcement stems....
Bitcoin price decline pulls deeper into the consolidation zone around $650. Below $640 there is a freefall zone to $600, yet a reversal at $640 cannot be ruled out. The Bitstamp 4hr candle chart shows a broad overview of the final large wave to the June high, followed by a correction that quickly slammed down to $560. Subsequent price action had been ambiguous while price went through the paces of a correction – rendering the indicators mostly useless and leading the market into two bull traps prior to slumping once more. On the weekend two declining scenarios were considered: 1) a large....
Shake Alpha, based in Montreal, Canada, is a mobile app that allows users to tap and pay with bitcoin at contactless terminals that accept VISA cards, according to the company’s blog. It is an Android app equipped with near field communication (NFC). NFC allows a phone to emulate the interaction between a terminal and a card. There is also a web app that displays a virtual card to make purchases online. With the Shake Android app you can add funds in bitcoin, tap and pay at store terminals, and view card details for online purchases. An iOS version is scheduled for mid-April. The company....