Day: April 8, 2020

Why Bitcoin Price Abruptly Reversed From a Plunge to $7,000

boss

Bitcoin started a downside correction from the $7,447 monthly high against the US Dollar. BTC price tested the key $7,000-$7,100 demand zone and recently revered losses. Bitcoin failed to extend gains above $7,500 and corrected lower against the US Dollar. The bulls protected the $7,000 support area, resulting in a fresh increase. There is a major bullish trend line forming with support near $7,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to continue higher towards $7,500 and $7,800 in the near…

Why I Invest in Bitcoin 2019

boss

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io crypto #inflation #bitcoin I found an interesting article in Reddit “Why I Invest in Bitcoin” Why do you invest in Bitcoin or Crypto-Currency in general? Post your … โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Ripple (XRP) Daily Close Above $0.20 Would Make Case for Larger Rally

boss

Ripple started a downside correction from the $0.2050 resistance against the US Dollar. XRP price tested the $0.1900 support area and it is currently rising towards $0.2000. Ripple price is trading nicely above the $0.1880 and $0.1900 support levels against the US dollar. A successful daily close above the $0.2000 barrier could start a larger rally. There is a key bearish trend line forming with resistance near $0.2000 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise as long as it…

Bitcoin SVโ€™s Social Platform Twetch Streamlines P2P Payments

boss

Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments. Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly paid for their activity through a revenue sharing system based on likes and shares. The platform is currently in private beta. Command-line style payments feature Tweet has rolled out the ability for users to send BSV to each other by entering the command-line โ€˜/payโ€™, a userโ€™s tag,…

BitcoinSVโ€™s Social Platform Twetch Streamlines P2P Payments

boss

Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments. Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly paid for their activity through a revenue sharing system based on likes and shares. The platform is currently in private beta. Command-line style payments feature Tweet has rolled out the ability for users to send BSV to each other by entering the command-line โ€˜/payโ€™, a userโ€™s tag,…

Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely

boss

Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin. The price is holding the main $162 and $158 support levels. There is a key contracting triangle forming with resistance near $170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally again towards $180 as long as there is no…

Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some

boss

Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoinโ€™s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is โ€œa fantastic hedge.โ€ Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Bitcoinโ€™s Price Could Reach $1 Million Chamath Palihapitiya, the chairman of Virgin Galactic and founder of investment firm Social Capital, recently discussed bitcoin and how to invest during the current financial crisis. In a podcast interview published…