Day: March 1, 2021

It’s Crunch Time For Ongoing Bitcoin Parabola

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Bitcoin price has now had one of its largest pullbacks dollar for dollar in history, putting the entire parabolic uptrend in jeopardy, according to one crypto analyst who has warned the top could be near. The analyst, who has been accurate in the past, claims that it is now โ€œcrunch timeโ€ for the parabola to prove its strength, or risk the start of a violent breakdown. โ€œCrunch Timeโ€ For Bitcoin Parabola, As Uptrend Support Line Is Tested An asset that โ€œgoes parabolicโ€ is a rare event, occurring when price action…

Users haven’t mined Ether using a PlayStation 5 yet

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While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake. According to a report from news outlet GizChina, Chinese software developer Yifan Guย mined Ether using a PlayStation 5. The report claimed that the developer may have overclocked the PS5โ€™s AMD Ryzen CPU and AMD Radeon GPU cards to achieve a mining hash rate of 98.76 megahertz per second, and a screenshot from Gu showed the seemingly modified hardware required 211 watts…

How to Retire on ETHEREUM by 2030 or sooner

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #Ethereum #RetireOnEthereum #ETH #FinancialFreedom #BestEthereumRetirementPlan How to Retire on Ethereum This video covers how many needed Ethereum you need to support your lifestyle. It goes into great detail across valuation models and takes into account cost of living indices across over 100 countries, purchasing power, and average salaries to create a proprietary model around the cost of living tied back to Ethereum’s future price. This is the most comprehensive Ethereum Retirement Plan on Earth. The opinions expressed in the video are for…

Price analysis 1/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, XLM, BCH

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Bitcoin and most major altcoins are witnessing strong buying at lower levels, indicating the start of a relief rally. The U.S. bond yields have softened andย this has ignited investor’s appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. Thi bullish sentiment has also rubbed on to the crypto sector, which is surging higher, led by Bitcoin (BTC).ย  After Tesla and Mastercardโ€™s foray into Bitcoin, analysts at Citigroup believe that Bitcoin is at a โ€œtipping point,โ€ which could…

Bitcoin News Today: Is The Bull Run Over? ($42k The TOP!?)

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Today Iโ€™m bringing you the latest cryptocurrency and Bitcoin news. Is the Bitcoin bull run over? We will discuss if $42k is the peak of this Bitcoin bull run. Many fear a bearish trend forming. Weโ€™ll look at the evidence for this and see what history can tell us while examining the Bitcoin chart. If this is the top of the Bitcoin price what does that mean for altcoins like Ethereum, Chainlink & PolkaDot? In other crypto news, weโ€™ll take a look…

Economist Says Bitcoinโ€™s Growing Success Will Lead to Perverse Consequences โ€“ Bitcoin News

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Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoinโ€™s value has dipped since then, but the decentralized crypto assetโ€™s market still captures a large $900 billion valuation. On February 26, the director of the Economic and Social Research Council (ESRC) warned that bitcoinโ€™s growing value and success may lead to a technocratic dystopian society that rivals โ€œthe kings and emperors that ruled over empires in centuries past.โ€ Hyperbitcoinization: โ€˜A Voluntary Transition From an Inferior Currency to…

Bitcoin Whales Bought the Dip, On-Chain Data Shows

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Whales took advantage of falling Bitcoin prices to accumulate, on-chain data from GlassNode reveals. HODLers Bought the Dip When BTC/USD Fell Below $44k On Feb 28, the Bitcoin price cratered below $44k, forcing some traders to liquidate their positions and book profits. Amid the panic, whales were buoyant and confident, scooping BTC at a discount. According to GlassNode, there was a sharp spike in the illiquid supply of Bitcoin, indicating the shift of ownership from hot traders to more conservative HODLers. Interestingly, although the number of whalesโ€”or illiquid supply of…

ETHEREUM Price Prediction: EMERGENCY!!! Bearish SIGNAL for ETH?! // Daily Crypto Technical Analysis

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ethereum Trading Strategy – ETHEREUM Price Prediction: EMERGENCY!!! Bearish SIGNAL for ETH?! // Daily Crypto Technical Analysis ๐Ÿ”ด SUBSCRIBE FOR MORE BITCOIN & CRYPTO STRATEGIES, TUTORIALS & NEWS: โ–ถ TOP 3 CRYPTO EXCHANGES/PLATFORMS I USE (Affiliate Links) ๐Ÿฅ‡ Crypto Leverage Trading – Bybit ($90 FREE Bonus): ๐Ÿฅˆ Altcoin Trading – Binance: ๐Ÿฅ‰ Buy Crypto/Bitcoin – Coinbase ($10 FREE Bonus): โ–ถ CRYPTO DISCORD SERVER Join Now: โ–ถ CRYPTO PLAYLISTS Day Trading Strategies & Tutorials For Beginners: Crypto Must Watch Episodes: Daily Crypto Trading…

Investor Dan Loeb doing ‘deep dive’ into crypto

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Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between traditional finance and the crypto space. In a series of tweets to his followers on Monday, Loeb said he had been “doing a deep dive into crypto,” referencing a recent article on nonfungible tokens, or NFTs, from Chris Dixon, a general partner at Andreessen Horowitz. Dixon described the ways NFTs could change the economics of content creators โ€” namely that…

Tech Stocks Under Pressure Due to Rising Yields

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According to a technology strategist at investment bank Baird, Ted Mortonson, the new tech dynamic is FOGK (fear of getting killed). Tech stocks are under pressure due to recent rising yields. In the last five days, the Nasdaq Composite Index has declined nearly 5%. In the past year, tech stocks were triggered by FOMO (fear of missing out) during the unprecedented global pandemic. At the time, investors bid up tech stocks that saw growth in their revenues. During the worldwide lockdown, technology companies recorded increases, especially gain in the number…