Day: November 5, 2020

Bitcoin Price Heading to $16.5K Now, BTC Growing Confidently

boss

On Thursday, November 5th Bitcoin preserves the ascending impulse and aims up high. It is generally trading at $14,344 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. BTC price now. Mining the BTC has become 16% easier. PayPal reports demand for cryptocurrencies. On W1, the BTC keeps developing the ascending dynamics and has broken away 100.0% Fibo. The aim of further growth is $16,500 USD. The MACD histogram is positive, giving an additional signal of further growth. The signal lines of the indicator keep intertwining upon forming a Black Cross, increasing…

Bitcoin Price & Technical Analysis: BTC Growing Confidently

boss

On Thursday, November 5th preserves the ascending impulse and aims up high. It is generally trading at $14,344 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of BTC/USD Mining the BTC has become 16% easier. PayPal reports demand for cryptocurrencies. On W1, the BTC keeps developing the ascending dynamics and has broken away 100.0% Fibo. The aim of further growth is $16,500 USD. The MACD histogram is positive, giving an additional signal of further growth. The signal lines of the indicator keep intertwining upon forming a Black Cross, increasing…

Bitcoin Inches Closer to $15k as BTC Dominance Decimates Altcoins

boss

Summary: Bitcoin has continued on its bullish climb above $14k BTC just hit a 2020 high of $14,785 Such levels were last seen during the 2017/2018 bull run Bitcoin market cap dominance has continued to increase at the expense of altcoins As the world’s focus is glued to the 2020 US Elections, Bitcoin is making major moves last seen during the 2017/2018 bull season. At the time of writing, Bitcoin is trading at $14,750 – Binance rate -and after printing a yearly high of $14,785. Bitcoin’s current push up could…

Jeff Bezos Sells Another $3 Billion Worth of Amazon Shares

boss

According to the SEC filings, the sale was a part of a so-called 10b5-1 trading plan. Within the plan, Amazon shares are automatically sold at pre-determined dates to avoid any perception of trading on insider knowledge. This week, the world’s richest man and Amazon.com Inc (NASDAQ: AMZN) CEO Jeff Bezos has sold over $3 billion in AMZN shares. According to the filings with the U.S. Securities and Exchange Commission (SEC) compiled by OpenInsider, in February 2020, Bezos sold $4.1 billion in Amazon shares. In August 2020, the sale totaled $3.1…

Why ‘Prince’ Harry May Quit Before He’s Stripped Off His Royalty

boss

The clamor for Prince Harry and Meghan Markle to lose their royal titles has been steadily growing for months. With every new video interview, every new political statement, and every new trash-for-cash deal signed, the demand for action from the royal family has grown. It seems we’re edging ever-closer to the day Queen Elizabeth steps in and takes action. The question is, will Harry and Meghan act first? I think it’s fair to say that Prince Harry isn’t the most popular of royals at the moment. His stepping away from…

Contested Election Results Force Discussion of Blockchain Based Voting System

boss

At the time of writing, the U.S. 2020 election still hangs on a knife-edge, with either candidate still in the running to win. According to the BBC, Biden is ahead, but counting in Georgia, North Carolina, Pennsylvania, Arizona, Nevada, and Alaska has yet to close. “Mr Biden has 243 Electoral College votes, giving him the edge in the race to accumulate the 270 needed to win the White House. Mr Trump has 214.” As it stands, Trump still has a fighting chance to retain his presidency for a second term.…

Binance launches African affiliate program after Uganda subsidiary closes

boss

The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service. On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program, which aims to promote Binance across the continent. According to the exchange, the new program is open to influencers, crypto enthusiasts and content creators across Nigeria, Ghana, Kenya, South Africa and Uganda. A spokesperson for Binance told Cointelegraph that Binance’s services in Africa include a fiat on-ramp for users from Nigeria, South Africa and Uganda.…

Bitcoin hits $14.7K — 3 reasons this rally may see new all-time highs

boss

From November to December in 2017, the price of Bitcoin (BTC) experienced a parabolic uptrend to a new all-time high at $20,000. There are three reasons Bitcoin might see a similar trend in the upcoming months. First, the post-halving cycle is coming into effect. Second, the relative strength index (RSI) shows room for a bigger rally. Third, the rally is not overheated, at least in the derivatives market. Long-term RSI shows Bitcoin not overbought PlanB, the creator of the Stock to Flow (S2F) indicator, shared a long-term RSI chart of…

3 Primary Reasons Why Ethereum (ETH) Could Hit $500 in Q4

boss

A confluence of bullish fundamental and technical indicators sees Ethereum rallying upward towards $500 in the fourth quarter. The second-largest blockchain asset by market capitalization has rallied by more than 200 percent in 2020, with its price trading just shy of $490 in early September. Nevertheless, its uptrend paused as traders migrated to Bitcoin, the flagship cryptocurrency that earlier gained entry into the investment/service portfolios of significant corporations (Square, MicroStrategy, PayPal, etc). As Bitcoin’s dominance surged, Ethereum extended its downside correction, falling to as low as $313 in a late…

Dormant crypto exchange Cobinhood to axe real-time customer support in 2021

boss

Taiwan-based cryptocurrency exchange Cobinhood is making significant adjustments to its customer service practices in 2021. According to an official announcement on Nov. 1, Cobinhood will change its customer service policy to get rid of real-time interactions with clients. Starting Jan. 1, 2021, Cobinhood’s customer support will only communicate with clients through email. “During the whole process, no service specialist will be engaged for real-time conversation and everything will be done by email,” the announcement notes. As part of the upcoming customer service change, Cobinhood will also prohibit its customers from…