Bitcoin: Trading Veteran Casts Doubt On Impact Of 2 Key BTC Events
As the Bitcoin market continues to persist, speculation regarding impending events forms a crucial part of the discourse. Among such discussions, the forthcoming BTC halving and the potential United States approval of a spot Bitcoin ETF have captured much attention. However, one seasoned trader presents a contrarian view, suggesting that the anticipation might far exceed […]
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The crypto market is like any financial market and is affected by events according to their outcomes. With the new week has come some important events that will no doubt have an impact on the crypto market and the prices of the digital assets that trade in it. These events are important to keep an […]
Over the last several weeks, there have been some events happening around the world which has affected the economic situations of many people. As time goes on, others have emerged that have continued to have an impact on the crypto market. In this report, we take a look at some of these events and the […]
If researchers are correct, cryptocurrency holders should hope that Elon Musk doesn't get bored of Bitcoin anytime soon. The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE).Blockchain Research Lab published a paper on Jan. 3 titled, How Elon Musk’s Twitter activity moves cryptocurrency markets. The paper looks at six occasions when Elon Musk tweeted about cryptocurrency and attempts to measure the resultant impact on the trading....
Veteran trader Peter Brandt has shared “a sacred trading rule” he uses in response to a comment about buying bitcoin as the price of the cryptocurrency continues to fall. “Never add to a losing trade,” he affirmed. Peter Brandt Offers Trading Advice Veteran trader Peter Brandt has a trading suggestion for anyone considering buying the dip. Brandt has been a futures and FX career trader since 1975. He is a chartist and the author of the Factor Report. He trades a variety of markets, including Dow futures, bonds, corn, crude oil, European wheat, Osaka Dow, U.S.....
Over a billion dollars in liquidations sent the XRP price and the crypto market back from the dead and into local highs. However, new data suggests the rally might be short, pushing down the nascent sector into critical support. Related Reading: Tellor (TRB) Is Up 640% In 2023, Back To 2021 Highs Ahead of Bitcoin, XRP? As of this writing, the XRP price trades at $0.5 with a 4% profit in the last week. The cryptocurrency rallied in the previous 24 hours but has been retracing its steps over the past few hours, hinting at potential losses unless buyers step in and defend these levels. XRP....