Four Frightening FUD Filled Factors Bitcoin Investors Should Beware Of
Bitcoin price is clinging on to $18,000 after setting a new all-time high but failed to make it through psychological resistance at $20,000. Market participants are always searching for a reason for a trend change and often look to negative news or events that create FUD – fear, uncertainty, and doubt. And although 2020 has been the most bullish year yet for Bitcoin both in terms of a new record and a substantial shift in […]
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Next to the frightening creatures of the legacy financial system, bitcoin is the normal, wholesome outlier, like the niece from TV’s “The Munsters.”
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On January 4, 2020, the price of bitcoin slid to the lowest point of the year dropping from Sunday’s high of $33,800 per unit to $27,734 a few minutes after 5 a.m. (EST). In fact, the price dip filled CME Group’s large futures gap after the regulated exchange has seen six consecutive gaps since the run-up. Meanwhile, a number of other cryptocurrencies have seen significant gains and they did not drop as much as the leading crypto asset. Bitcoin (BTC) prices took a hit on Monday morning losing a total of -17.94% from 1:30 a.m. to 5:15 a.m. (EST). On Sunday, BTC’s daily....
On December 8 two online publications released some hard hitting stories about the real identity of Satoshi Nakamoto. Wired and Gizmodo have both said to have been on the trail concerning this anonymous person’s whereabouts with some leads to a man from Australia. Craig Steven Wright has been named as the next in line to take the Nakamoto throne. The suspect is a man who had been involved with Bitcoin and had even appeared in Las Vegas at the Bitcoin Investors Conference in 2015. The 44-year-old Australian has a pretty extensive background in the tech industry since his college days at the....