This is an opinion. Eminem released his latest album, ‘Music To Be Murdered By – Side B,’ last week. As usual, he disses as many people on the record as possible, including his former ‘enemy’ Machine Gun Kelly. Whether it’s his fragile ego or a lame attention grab, Em’s latest attack does not paint him in a good light. Eminem is one of the greatest rappers of all-time. He’s also one the most insecure. That has never been more evident than on ‘Music To Be Murdered By – Side B.’…
Day: December 21, 2020
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated pension fund if and when the bitcoin price drops from current levels. As a result of this decision, 5% of the fund will now consist of bitcoin. The Case for Bitcoin Before making the decision, Jefferies allocated funds as follows: 50% towards (now 45%) physical…
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Why The Future Of Altcoins Hinge On This Month’s Close
Bitcoin is well above its former all-time high, but the “alt season” where altcoins explode in value relative to the top-ranked cryptocurrency has yet to arrive. BTC dominance, a metric weighing all other crypto assets against Bitcoin is facing a pivotal monthly close that could jeopardize any chances of a greater altcoin market recovery. Here’s why the future of alts like Ethereum, XRP, and more, hinges on the December 2020 monthly close. Bitcoin Dominates Crypto Market Interest, Will Altcoin Season Ever Return? Rewind to any point over the last three…
New Crypto Mining Rig able to mine $51 a DAY?!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ibelink just released their newest Digital Cryptocurrency Mining Rigs, and their new miners are supposed to be mining $51 dollars a day and $15 dollars a day — let’s review this! Subscribe to VoskCoin – Learn more about Zort’s AI Crypto Trading here – Review the most profitable crypto mining rigs – ASIC miner profitability ranking website that promotes scams – When a new mining rig drops, everyone sees the mining profitability calculators generate insane earning numbers and they begin salivating but…
Here’s why pro traders barely flinched at today’s 8% Ethereum price drop
On Dec. 17 , Ether (ETH) price rallied to $677, its highest level since May 2018, and it seems the top altcoin’s price was driven by Bitcoin’s (BTC) swift move above $21,000. It’s also possible that the CME’s ETH futures launch announcement also played its part. Solid fundamentals and positive newsflow also seem to be helping Ether to hold above $640 for the past few days, and despite today’s dump, these fundamentals remain. Eth2 staking surpassed $1 billion in total value locked, and this shows that large players are committed…
Bitcoin headed for Christmas volatility as 100K BTC options expire
In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin options will expire on Dec. 25. Options contracts allow holders to buy or sell Bitcoin at a specific price, which is known as the strike price. The Dec. 25 expiry has notable clusters around the $15,000 strike price and the $20,000 strike price, according to Skew. BTC options expiry dates by Skew The expiry date of Bitcoin options contracts is widely regarded as a volatile event for the flagship cryptocurrency because, as the expiry nears, holders adjust their…
Ethereum Reaches Crucial Support Level as Market-Wide Selloff Slows
Ethereum has seen some notable downwards momentum over the past several hours that has caused its price to erase the gains that came about during the latest leg higher Where it trends in the mid-term should depend largely on whether or not buyers can stop it from falling below one key price region This price action could continue acting as strong support in the days and weeks ahead, with one analyst calling it a “solid buy” in this region Bitcoin has been guiding the aggregated market, which means that its…
Bitcoin Correction Unlikely Amid Institutional Investment Wave, Says JPMorgan
Traders looking for a Bitcoin (BTC) price correction in the short-term might have to wait a while according to JPMorgan analysts who say the institutional herd is currently providing adequate support for the current bullish momentum. Several publicly-listed firms have announced massive BTC purchases as more companies pivot towards holding the largest cryptocurrency by market capitalization as a treasury reserve asset. Bulls are Firmly in Control of the Bitcoin Price Action According to Bloomberg, the odds of a Bitcoin price correction are low due to the massive influx of investments…
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