Bitcoin has been caught within a persistent bout of sideways trading throughout the past few days, with the selling pressure seen above $19,000 allowing bears to spark multiple strong selloffs throughout the past couple of weeks. These rejections have all resulted in the cryptocurrency forming a series of higher-lows, which is an incredibly bullish technical pattern that could indicate that serious upside is imminent if held over an extended period of time. This technical strength has certainly struck a blow to bears, but the selling pressure between $19,500 and $20,000…
Day: December 6, 2020
BITCOIN PRICE TOPPING OUT? IS THIS TIME REALLY DIFFERENT? [Let Me Explain]
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Bitcoin CAUTION BIG WEEK AHEAD! November 2020 Price Prediction & News Analysis
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Why DeFi will force BTC to break its 21M supply ceiling
2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a substantial amount of Bitcoin (BTC) assets, thus cutting into Bitcoin’s on-chain transfers. Moving forward, this trend will pose severe challenges for Bitcoin’s network security, especially as BTC continues to phase out block rewards, leaving miners increasingly unable to generate income. Prior to the explosion of DeFi, BTC supporters were confident in…
Competition for scalability, new markets heats up
Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders. On Friday, decentralized derivatives exchange Injective Protocol began a push into synthetic assets with the launch of a 24/7 synthetic gold market on their Solstice layer-2 testnet. “It’s fairly interesting to explore gold for the first commodity futures on Injective because Bitcoin and Gold has fairly interesting market dynamics,” Mira Uddin, Injective head of business development told Cointelegraph.…
Bitcoin’s Dip is Currently a Waiting Game – BTC Analyst
Quick take: Crypto traders and investors have been expecting Bitcoin to dip to $16k or even $14k Bitcoin’s social volume continues to be high The Fear and Greed Index is at 95 for a second time in a week However, on-chain fundamentals continue to be strong and a dip might have to wait Bitcoin’s weekly close is once again only a few hours away and many BTC traders have been left scratching their heads as to whether the King of Crypto will undergo a correction to $16k or $14k before…
Minimum Investment For Bitcoin (how to get 60$ bitcoin in 1hour) 2020
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today I show you a new, high-paying bitcoin investment site that I started using in an hour and made $ 100 in profit Disclaimer ** There is always a possibility of losing any money that you place on a site. It is your money and this is your choice. ** If you are looking for a good place to invest in Bitcoin, you have come to the right place. The Altracoins platform is the most trusted in the United States, so you…
UME on USWAP! | New token and exchange on Tron | How to use | How to mine UME Token
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Not financial advice. Win them on your own, lose them on your own. Free Bitcoin – Great Farm! – #uswap #umetoken #cryptocurrency #eth #cryptoexchange #bitcoin #news #btc #ethereum #altcoin #altcoins #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #bitcoins #motivation #yieldfarming #stocks #wallstreet #tron #blockchain #wealth #bullish #bearish #smartcontract ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin Cash Proponent Tattoos Forearm to Spread Digital Cash Awareness
In order to spread the message about peer-to-peer electronic cash, some people talk about cryptocurrencies on a daily basis or wear t-shirts that display the bitcoin logo. Digital currency proponent, David Valenz, has taken the message spreading to a whole new level when he got a large tattoo on his forearm that displays a Bitcoin Cash logo. Valenz believes bitcoin cash is the best digital cash he’s ever used, and it’s beneficial to someone like him that lives outside the banking system. Just recently, Bitcoin Cash proponent, David Valenz, decided…
The Fiat Standard and Debt Slavery
On August 6, 1915, His Majesty’s Government issued this appeal: In view of the importance of strengthening the gold reserves of the country for exchange purposes, the Treasury have instructed the Post Office and all public departments charged with the duty of making cash payments to use notes instead of gold coins whenever possible. The public generally are earnestly requested, in the national interest, to co-operate with the Treasury in this policy by (1) paying in gold to the Post Office and to the Banks; (2) asking for payment of…