After plunging last week, the Bitcoin market has mounted a hefty recovery over the past week. The leading crypto asset traded as high as $9,700 on Saturday evening — just a few percentage points shy of the monthly high. Ethereum has fared even better, with the asset pushing 10% higher within a 24-hour time period this weekend. This recovery has convinced many traders that the crypto market is on the verge of a full-fledged bull run, but a key indicator is suggesting a “perfect sell setup” has formed. Bitcoin &…
Day: May 31, 2020
Regulator and Industry Coordination Key to Swift Implementation
“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies. When navigating uncharted territory, such as the handling of technological innovation from a regulatory perspective, different stakeholder groups must resist the urge to remain siloed in their strategies and lean into Ford’s vision for shared success. The art of enacting…
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The Charlatan TV Shrink With a Shady History of Sexual Assault
Dr. Phil McGraw is a phony and a fraud that likes to profit from the pain of others. While allegations of the abuse of guests on his show are one thing, what about the women that accused him of sexual assault? It’s time to revisit what we think we know about TV’s most infamous charlatan shrink. On the surface, Phil McGraw looks like the answer to an addict’s prayers. Countless families have turned to his show for help, from moms that can’t handle teen tearaways to famous people holding on…
From Chris Tucker to Dustin Hoffman – The Anonymous Epstein Leak Will Shock You
Hacker group Anonymous allegedly leaked Jeffrey Epstein’s “little black book.” Chris Tucker, Naomi Campbell, and Donald Trump were trending as a result. Sadly, Epstein’s list goes much, much deeper than these three. Activist group Anonymous has leaked what it alleges to be sex trafficker Jeffrey Epstein’s “little black book.” We can’t be sure of the validity of this list, and we can’t be sure that the people included were involved in his sex ring. Nonetheless, the names contained in it are nothing short of explosive. Let’s get right into the…
Top 5 Cryptocurrencies to Watch This Week: BTC, BNB, XLM, XMR, TRX
The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin. Although the Bitcoin (BTC) halving generated a lot of interest proceeding the event, it has failed to kickstart a trending move after completion of the event. This suggests in hindsight that the event was priced in. However, the top-ranked cryptocurrency on CoinMarketCap has not given up much ground following the event, which suggests that traders who purchased before halving are confident that the path of least resistance…
John McAfee Calls His Own $1M Bitcoin Price Prediction ‘Nonsense’
John McAfee, an eccentric cryptocurrency advocate and British-American entrepreneur, in a tweet called his own previous prediction of Bitcoin price hitting $1 million a total “nonsense” adding that people who believed his “absurd” forecast should “wake up”. McAfee used the whole North America continent GDP as a comparison reference to explain why his call was just a joke, stating that: “If Bitcoin ever hit $1 mil, it’s market cap would be greater than the GDP of the entire North American Continent.” McAfee moved on from Bitcoin In his recent tweet,…
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Why Traders Think Ethereum’s Strength Could Help Bitcoin Rocket Past $10,000
Ethereum has flashed signs of immense strength in recent times, as the cryptocurrency was able to rally to highs of $245 while Bitcoin and most other altcoins only saw tempered gains. Although this uptrend has flashed some signs of stalling as it struggles to gain a foothold within the $240 region, analysts are noting that the cryptocurrency’s heavy resistance currently sits around $260. As such, this is the level that bulls are likely to target if they are able to catalyze further upwards momentum in the near-term. Analysts are now…
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