Why Bitcoin Price Could Be Destined To Retrace To $14K
Bitcoin price just saw the worst high timeframe correction in years, falling sharping by 50% and instilling fear across the market. The turn in sentiment has everyone guessing where the now bearish cryptocurrency could fall to, but according to past cycles, it could get a lot worse before it gets better. Here’s more on why […]
Related News
All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken. Following a full 50% retrace of the rally against BTC, Chainlink is now “ready to continue,” according to one crypto analyst. Here’s what that […]
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order Israel’s Defense Ministry recently seized cryptocurrency wallets belonging to businesses that are associated with Al’matchadun currency exchange. The wallets had crypto assets worth thousands of dollars or tens of thousands of shekels. The Defense Ministry alleges the seized funds....
Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. The coin currently trades for $16,450 as of this article’s writing. Analysts fear that a retracement is likely as on-chain trends and technical trends seem to have begun to favor bears. Bitcoin Could Retrace Soon, Analysts Say Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. After a day of 1% losses for leading U.S. stock indices, Bitcoin […]
Individual investors, even when operating in a swarm, are destined to lose. How do I know? I helped design the game.
The first batch of Robocoin ATMs destined for the Far East is expected to land in Taiwan and Hong Kong later this month. The company is planning to expand its presence in Europe and North America, but for now, eight new units are receiving final touches and they should ship to Asia sometime in January. The company noted that it is heading to "bitcoin-hungry" markets in Asia, namely Taiwan and Hong Kong. It is not clear whether mainland China will get any bitcoin ATMs soon, given its clampdown on bitcoin operators last month. "Bitcoin demand in Asia is amazing," said Robocoin CEO Jordan....