February 1, 2021

DON'T BE A BITCOIN & CRYPTO BAG HOLDER FOR 3 YEARS LIKE ME. LEARN FROM MY MISTAKES – DO THIS NOW!

February 1, 2021 boss

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Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy – Finance Bitcoin News

February 1, 2021 boss

This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets supporters believe hedge funds like Melvin Capital and Citadel are behind the silver push. The Controversial ‘Silver Squeeze’ During the last week, news.Bitcoin.com reported on the wallstreetbets (WSB) saga taking place on social media forums and the infamous subreddit r/wallstreetbets. Since the mega…

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February 1, 2021 boss

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Mike Novogratz: Five Crypto Assets Could Replace JP Morgan and the New York Stock Exchange

February 1, 2021 boss

Mike Novogratz, the CEO of crypto investment firm Galaxy Digital, is unveiling a list of crypto assets that he believes could replace JP Morgan and the New York Stock Exchange. In a live stream interview with Grammy-nominated rapper Lil Yachty, who recently became vocal about his interest in cryptocurrencies, Novogratz names five cryptocurrencies that can potentially cause a massive disruption in the financial industry in half a decade. “So Bitcoin, it’s probably on a risk-adjusted basis the safer, but it’s moved a lot. Ethereum has moved a lot this year…

Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops

February 1, 2021 boss

Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by selling. Data from Cointelegraph Markets and TradingView show a price increase of 4.14% for the top cryptocurrency, which currently trades at $33,840. Daily cryptocurrency market performance. Source: Coin360 In light of the sideways price action, Ki Young Ju, theCEO of the cryptocurrency analysis firm CryptoQuant, spotted a potential bullish indicator…

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

February 1, 2021 boss

Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk 20) BTC above the 10-hour and the 50-hour moving average just slightly on the hourly chart, a sideways-to-bullish signal for market technicians. Bitcoin trading on Bitstamp since Jan. 29.Source: TradingView The price of bitcoin is…

How One Blockchain-Based Organization Is Reducing Cost

February 1, 2021 boss

The debate on which cryptocurrency is superior between Bitcoin and Ethereum is endless. But, based on the latter’s added functionality, there is no doubt which protocol has the upper hand. In fact, some experts believe it’s only a matter of time before Ethereum takes over as the ultimate cryptocurrency platform. Based on what we have witnessed over the last few years, there is no doubting. The ability to launch dApps and DeFi projects have propelled the status of Ethereum to new heights. The network has become so busy lately, pushing…

Exchange Tokens Hit New All-time Highs as Stock Traders Rush to Crypto

February 1, 2021 boss

Some retail equities traders, frustrated with recent restrictions on stock buying on trading platforms including Robinhood, are turning their attention to centralized and decentralized cryptocurrency exchanges (CEX and DEX, respectively), according to new data. That’s helping to drive several of these exchanges’ tokens to new highs. Last week GameStop (GME) and and other stocks involved in a battle between a short-selling hedge fund and a Reddit group captured the imagination of the general public, a battle that drove these stocks’ prices higher and squeezed the short seller. Now, some of…

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February 1, 2021 boss

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Dogecoin Cofounder Faces Harassment While ‘Meme Coin’ Hype Trends Among Investors – Altcoins Bitcoin News

February 1, 2021 boss

As dogecoin’s frenzy keeps making the headlines in the crypto sphere, some people are not happy with it. Billy Markus, Dogecoin’s cofounder, has been a target of long-lasting online harassment, which still doesn’t end, he claims. Markus Sold All His Doge in 2015 The so-called meme coin, DOGE skyrocketed well over 325% in a single day, specifically on January 29, 2021. The dynamic was the similar one followed by the Gamestop/Wallstreetbets saga. In this case, a Reddit group called Satoshistreetbets was allegedly behind the recent dogecoin’s pump. However, Markus, also…