Experts Stay Safe in a Down Market?
The cryptocurrency market is notoriously volatile, with some cryptocurrencies experiencing more volatility in a single day than many traditional financial instruments experience in a whole week. While this volatility has made cryptocurrencies some of the most lucrative assets for speculators and investors, it also brings with it significant risks — since the market can experience […]
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Bitcoin had a bearish weekly close, as the price dipped further below $40,000. The benchmark crypto has experienced low volatility in the past week, but the market could see more action as the monthly close approaches. Related Reading | Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours At the time of writing, Bitcoin trades at $38,900 with a 2% loss in the last 24 hours. In the short-term, market sentiment seems to be turning bearish as market participants expect more downside price action. The long-term trends opposite and market participants seem more optimistic....
At the same time, one has to wonder if Trump can deliver on his promise to "Make America Great Again". The impending inauguration of Donald Trump will send shockwaves through the global financial sector. Some experts feel gold prices will soar, depending what Trump says during his speech. At the same time, Bitcoin’s value could go up by quite a margin as well. Safe-haven assets will be in high demand moving forward, that much seems to be a foregone conclusion. Trump’s inauguration is getting a lot of media attention right now. With just a few days until this event happens, the....
Bitcoin has been gaining a lot of positive media attention over the past few weeks. Investors are looking at cryptocurrency as a valuable portfolio diversification method. In fact, bitcoin should be in everybody’s portfolio, according to some experts. Bitcoin offers some exciting traits that other investments do not. In these days of financial turmoil....
At this point in time, one can accurately predict that blockchain technology is here to stay. In fact, it’s also safe to say that the market is only just getting started, as massive disruption of the digital ecosystem is bound to occur in the years to come. Reports clearly indicate that blockchain technology is expected […]
A new poll has found that 42% of Brits believe it is now safe to invest in cryptocurrency. A new poll carried out by Piplsay has found that 41% of Brits now believe there is an equal amount of risk to investing in cryptocurrencies as the stock market.The survey of 6,070 British residents above the age of 18 suggests that adults based in the U.K. are starting to view cryptocurrency and the stock market on equal footing. That said, 45% of respondents still see crypto as the riskier of the two. More than 40% of participants described cryptocurrency as being safe compared to 31% who did not,....