
Bitcoin Value: An Unsafe Haven
Bitcoin price has failed to push higher in the chart and now cannot avoid the strong bearish influence of the green 20MA crossing below the red 200MA in the daily chart. Our outlook changes from consolidation into advance, to correction into decline as bitcoin value is repriced. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Value and Price Analysis. Time of analysis: 13h46 UTC. Bitstamp 1-Day Chart. From the analysis pages of xbt.social, earlier today: In the daily....
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Portugal is a crypto tax haven since 2018 but not for long. The country used to have a hands-off policy on crypto exchanges, sale, and trading but has now maneuvered in the opposite direction by deciding to impose taxes on crypto transactions. According to ECO, a news outlet in Portugal, Fernando Medina, Minister of Finance, […]
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and he’s been more vocal about his forecasts in recent days. Last August, news.Bitcoin.com reported on Green explaining why he thinks the U.S. presidential election would have....
Bitcoin recently exploded above $13,000 and came dollars way from setting a higher high and confirming a new uptrend. Altcoins, however, haven’t responded as well, and one cryptocurrency capital manager has a theory as to why. Su Zhu believes that because most altcoins haven’t delivered on the promises from three years ago, that when Bitcoin […]