Bitcoin’s Ticket To The Moon, How Gold Could Benefit A Recovery
Bitcoin is on the way back to the top, so far. After a massive crash that pulled the market down with it, the first cryptocurrency by market cap is showing some strength in the lower timeframes, and it’s making a push at critical resistance north of $40,000. At the time of writing, BTC trades at […]
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Chicago's largest secondary ticket broker, Gold Coast Tickets, has announced they're now accommodating bitcoin payments from customers who wish to use the digital currency to pay for tickets to sports events, concerts, theatres, and more. The almost twenty-year-old company claims to be the first ticket broker in the world to accept bitcoin in a partnership with San Francisco-based Coinbase - one of the largest digital currency payments processor. "We were one of the first ticket resellers to use ecommerce seriously and we are always looking to be a leader in the ticket selling community,"....
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum. Dan Tapiero, the co-founder of 10T Holdings, said weak hands have been shaken out in the gold market. This raises the probability of a gold rally in the near term, especially as it comes off of an 80-day pullback period.A rally in gold and the dollar may dampen Bitcoin priceBitcoin has seen strong momentum in the past three months, as it achieved an all-time high on Coinbase and a number of other major exchanges.Despite this, the threat of a correction for Bitcoin is a real....
Litecoin as digital silver next to the thriving Bitcoin digital gold narrative has done about as well as silver has during gold’s rally to new highs. Oddly, the digital and physical counterparts have both lagged behind their more valuable brethren. However, that could soon change and Litecoin could ultimately benefit from the success of Bitcoin. […]
Bitcoin’s breakout – if it can manage to break through the $25,000 resistance – could send several new altcoins to the moon given their low market cap. Let’s examine them in detail to find out their potential. 3 New Cryptos set to go to the Moon 1. Battle Infinity Battle Infinity is a hot new […]
Today is a rare full moon called the Super Flower Moon that also happens to coincide with a total lunar eclipse that gives the moon a crimson color. For the most part, this should have no impact on Bitcoin, however, after seeing a moon phase chart its impossible not to notice at least some correlation […]