April 5, 2020

Bitcoin Flips Bullish — But Here’s Why BTC Price May Still Hit $3.9K

April 5, 2020 boss

Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset. However, despite an effort to blast through the critical resistance level of $7,200 as mentioned in last week’s analysis, there was a huge rejection bringing home the reality that perhaps it may be a little too soon to be expecting a miraculous bounce back to the $8,000+ levels. Daily crypto market performance. Source: Coin360.com $5,500 then moon? BTC USD daily chart.…

Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns

April 5, 2020 boss

Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants. The United States attorney’s office for New Jersey intervened in the case on April 2. SEC suit paused amid integrity concerns over the parallel investigation The SEC action against defendants Boaz Manor, Edith Pardo, and the associated companies CG Blockchain Inc and BCT Inc has been halted to maintain the integrity of parallel…

“Rich Dad Poor Dad” Author

April 5, 2020 boss

The past few weeks have undoubtedly been rough for crypto; from the February highs, Bitcoin has fallen 36%, reaching a low of $3,800 in March. Robert Kiyosaki, the author of the popular financial book “Rich Dad Poor Dad,” sees no reason to fear, though. In fact, the well-known investor recently went as far as to say that it’s time to drop dollars for Bitcoin and other hard money. Related Reading: Last Time This Signal Flashed, Crypto Rallied By 50%. It’s Back Again Sell Dollars, Buy Bitcoin: Robert Kiyosaki In a…

“Rich Dad Poor Dad” Author

April 5, 2020 boss

Traditional Traders Show Growing Interest in Crypto

April 5, 2020 boss

A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of Digital Asset Trading report published by Acuiti management intelligence platform, about 100 venues capable of trading cryptocurrencies have launched for institutional clients. The survey shows greater adoption of digital assets among sell-side service providers (26%) than traditional trading firms (17%). However, it clarified that the adoption rates are limited to the CME or…