Crypto How to: Spotting Bitcoin Price
The inversed head-and-shoulders pattern on the Bitcoin chart is seen by cryptocurrency and stock traders as a precursor to a bullish trend reversal. All traders strive to buy low and sell high, but only a select few have the fortitude to go against the grain and buy when a downtrend reverses direction, as has happened […]
Horizon Kinetics advises using crypto to offset currency depreciation
According to Horizon Kinetics, a Contrarian investment organisation, cryptocurrency and land are the greatest assets to hold against currency depreciation. When it comes to investing in the cryptocurrency market , the contrarian investment firm Horizon Kinetics advises investors to seek exposure to the asset class as global economic issues worsen. The Financial Times quoted Horizon’s […]
Bitcoin is tearing up the charts as it strives to break $40K for the second time
The price of Bitcoin has been fluctuating between $30,000 and $36,000 for the past six weeks. It is now hanging around the $40,000 resistance level for the second time in two days. Volatility in Bitcoin (BTC) has made news once again, this time when the original cryptocurrency briefly recaptured the $40,000 mark before crashing back […]
Binance Futures will limit existing users’ leverage to 20x
Existing customers with registered futures accounts that have been active for less than 30 days will be subject to new leverage limits on Binance Futures in the near future. Consumer protection is a priority for Binance, the world’s largest cryptocurrency exchange, which is implementing additional leverage trading limitations on its futures platform in an effort […]
Anonymous insider claims Amazon aims to accept Bitcoin payment this year
The plans made by Amazon to accept crypto begins with Bitcoin, claimed the unidentified insider. According to City A.M. in London, an unidentified insider within Amazon has stated that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021, potentially paving the way for broader popular acceptance of crypto transactions. According to a report published on Sunday, the source told City […]