Month: January 2021

Price analysis 1/29: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM

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Bitcoin’s surprise rally to $38,500 lifted sentiment across the market but the temporary boost appears to be losing steam. Sentiment plays a major role in the short-term price action of an asset. This truth was demonstrated today when Elon Musk, the world’s richest man, simply wrote ‘Bitcoin’ in his Twitter bio. Crypto traders and Musk followers immediately noticed and Bitcoin price conveniently shot up a few minutes after the tweet. When BTC price makes a sharp directional move, traders buy into the breakout and short-sellers are squeezed out of their…

The Melt Up Begins… [S&P 500 Technical Analysis] Bitcoin, Gold, Silver!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The stock market reaches all-time highs into and after the FOMC statement this week. We look at the S&P 500, Nasdaq, Bitcoin, Ethereum, VIX, USDX, and Gold from a technical analysis perspective to try and make some sense of what’s exactly going on. With Christmas just around the corner will the seasonal Christmas rush continue to be a positive time in the markets? 👇👇👇👇👇👇👇 🆓Sign up for our FREE Public Discord Trading Chat & Get your FREE Technical Analysis Pattern Cheat Sheet…

Blockchain Bites: DOGE, Musk, Robinhood, GameStop and Crypto’s ‘Populist’ Revolution

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Three stories 1. Elon Musk changed his Twitter bio to #bitcoin and the crypto jumped 20%, to highs last seen on Jan. 19. The two events are not definitely connected. However, just 15 minutes after Musk made the change, bitcoin climbed 15.7% to $37,050. It’s still ticking up. Of course, with any rally, celebrity-driven or not, the question comes to stability. Blockchain analytics firm CryptoQuant’s “Exchange Whale Ratio” found that exchange inflows among major bitcoin holders is at an eight-month high, signaling a possible price drop. However, “Elon’s tweet overrides…

$80K Bitcoin and $3K Ethereum?

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Frank Holmes, CEO/CIO of US Global Investors, believes Bitcoin and Ethereum could reach $80,000 and $3,000 respectively in 2021. He also sees the possibility of Bitcoin dropping to $20,000 and Ethereum dropping to $500. This wide spread is derived from a philosophy he calls the DNA of volatility. DNA of volatility According to Holmes, each asset class has its own DNA of volatility, or the typical percentage of price fluctuation over a period of time. He finds it particularly intriguing when two different assets have similar volatilities. In this interview,…

Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors – Altcoins Bitcoin News

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The infamous meme token dogecoin has been skyrocketing in value rising more than 325.21% during the last 24 hours. After remaining below a U.S. cent for years, the humorous crypto asset is now exchanging hands for $0.05 per unit. The reason behind the big dogecoin price spike is similar to the recent Gamestop/Wallstreetbets story as a Reddit group called Satoshistreetbets has been behind the recent pump. In April 2019, the Tesla founder Elon Musk said dogecoin (DOGE) was his “fav cryptocurrency.” In June 2020, day traders from Tiktok decided to…

Coinbase comes back online following issues

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Coinbase users recently reported suffering difficulties on the platform. Coinbase and its trading platform, Coinbase Pro, have a history of experiencing outages and other issues during high-traffic times.  Although users reported problems early this morning, a status update from Coinbase now indicates the platform is working normally once again. “All services are back up,” the update said at 12:33 pm EST. “We are currently monitoring our systems.” “Coinbase has disabled buying and selling of some crypto assets,” Morgan Creek Digital co-founder Anthony Pompliano tweeted earlier on Friday morning. Multiple folks on Twitter…

The First Grey Hat Hackers Hackathon Gets Hacked, Hacker Presents DeFi Solution to Curb Money Laundering on DEXs

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Hacken, a prominent cybersecurity, blockchain and cryptocurrency community is organizing the First Grey Hat Hackers Idea Competition where hackers and computer enthusiasts can submit their ideas to detect and counter vulnerabilities in crypto and DeFi projects. The hackathon offers Grey Hat hackers an opportunity to implement their ideas with the support of the Hacken community as legitimate White Hat hackers. Starting Jan 19, 2021, Hacken community started accepting submissions of ideas for the hackathon on its website. As applications gradually started pouring in, someone found an innovative way to submit…

Crypto Lender BlockFi Registers Bitcoin Trust With SEC

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BlockFi, a major hub for crypto lending, appears to be increasing its courting of institutional bitcoin bets through a new bitcoin trust product. The trust, revealed in Friday regulatory filings, could put BlockFi in direct competition with Grayscale for bitcoin-friendly Wall Street investors’ attention and dollars. Grayscale’s own bitcoin trust is one of the single-largest bitcoin investment vehicles on the market. CoinDesk parent company Digital Currency Group also owns Grayscale. The “BlockFi Bitcoin Trust” has yet to raise any money from investors, according to its U.S. Securities and Exchange Commission…

UK Luxury Apartment Selling for Bitcoin (BTC) and Ether (ETH)

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Brand Vaughan has listed a luxury apartment situated in Brighton, East Sussex for sale in bitcoin (BTC) or ether (ETH). If all goes as planned, the transaction could give further credence to digital currencies as a viable medium of exchange, according to a press release on January 28, 2021. Apartment for Bitcoin  Indeed, 2020 was a hugely successful year for bitcoin (BTC) and other digital currencies in terms of price movement and that momentum has continued this year, as more and more institutional heavyweights, as well as average Joes, are…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io LIBRENG ₱460 PESOS! |CLAIM FREE BITCOIN EVERY 1 HOUR! |NO NEED INVEST + PROOF OF PAYMENT LEGIT! SIGN UP HERE FREE BITCOIN👇 ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⚠️DISCLAIMER‼️: This video is NOT intended to entice and encourage, and to be relied upon by viewers to follow and do the same. “Myka Lumba TV WILL NOT BE RESPONSIBLE” if error will occur on the site. The information contained on Video are for educational and informational purposes only. I cannot guarantee that you will make money, I am…