Tag: Bitcoins

THIS is the Main REASON Why Every INVESTMENT is INFERIOR to BITCOIN!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✎ Get free access to our vault of PDF summaries for every YouTube video here: In today’s video, you will learn why every investment is inferior to Bitcoin from Michael Saylor, Raoul Pal, Robert Kiyosaki, Cathie Wood, and more! You’ll get expert advice on how to Own digital energy, Look at the math, View it as money, Forget Inflation, Look for minimal risk, Do your research, and more!!! ★CHANGE YOUR LIFE IN 30 DAYS★ Evan has personally picked the 30 messages you…

Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It

“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native cryptocurrency of the Ethereum blockchain. ”This matters because, as more institutions await the first results of the White House executive order on crypto regulation and the ETH merge to ETH 2.0, current price behavior will continue to be driven by TradFi assets.” (ETH 2.0 is shorthand for a planned upgrade of the Ethereum network, and “TradFi” is crypto-industry jargon…

Bitcoin’s Bottom May be at $17k or Even Lower at $11k – Rich Dad Poor Dad Author

boss

Summary: Robert Kiyosaki has forecasted that Bitcoin might find a bottom at $17k or $11k Mr. Kiyosaki also said that market crashes were an opportune time to buy assets such as Bitcoin According to Bitcoin Analyst Timothy Peterson, Bitcoin could decouple from the Nasdaq at the $23k price area Bitcoin is once again facing the weekly close, and $28k is the support level to watch alongside the local low of $26,700 The author of the popular investing book Rich Dad Poor Dad, Robert Kiyosaki, has forecasted that Bitcoin could find…

Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High – Mining Bitcoin News

boss

Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners continue to search for blocks, the network recorded another difficulty increase following the last hike on May 10, at block height 735,840. Bitcoin’s Security Has Never Been Stronger — Difficulty Reaches 31.25 Trillion Over the last 12 months, Bitcoin’s hashrate has continued to proliferate,…

Bitcoin’s Fall Under $28K Triggers Another $1.2 Billion Liquidations

boss

The total crypto market cap is down over 13% in the past 24 hours Bitcoin fell as low as $26,000 for the first time since December 2020 Tether slightly depegged amid the ongoing market crash and UST debacle Over $300 Billion was wiped out from the crypto market over the past two days alone The massive slump in the cryptocurrency market continued on Thursday as the leading digital token by trading volume Bitcoin dipped below $28,500.  Data from the daily charts on TradingView also showed that BTC touched a 2-year…

El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath – Featured Bitcoin News

boss

El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether. El Salvador Buys the Bitcoin Dip Amid a crypto bloodbath, El Salvador has bought the dip. The Salvadoran president, Nayib Bukele, announced Monday on Twitter that his country has purchased 500 more bitcoins. “El Salvador just bought the dip! 500 coins at an average USD price of ~$30,744,”…

Bitcoin’s Dr. Doom is Working on a Tokenized Asset That is More Resilient Than the USD

boss

Quick take: Dr. Nouriel Roubini is reportedly working on a tokenized asset that is more resilient than the US dollar He is working with Dubai-based Atlas Capital Team LP Dr. Roubini emphasizes that the token will be backed by real assets, a mixture of short-term US Treasuries, gold, and US property His involvement in a crypto-project comes as a surprise as Dr. Roubini has a history of bashing the industry, referring to Bitcoin and DeFi as ‘vaporware’ Dr. Nouriel Roubini, commonly known as Bitcoin’s Dr. Doom, is reportedly working on…

Bitcoin’s 50% Dip From ATH Triggers Over $400 Million in Liquidations Across Crypto Market

boss

The leading crypto is down almost 15% in the last 7 days Bitcoin previously experienced relief after the FOMC meeting and turned the markets green A significant retrace below the $36,000 range followed shortly after Other tokens like ETH and LUNA are also experiencing huge dips from all-time highs and recent highs as well The total crypto market cap is down to $1.58 trillion  The latest market retrace caused massive liquidations across the market with ETH and BTC traders taking the biggest hits A technical analyst opined that the markets…

Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate

Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%.  Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still on course to becoming a risk-off asset. Markets are by no means math-based or infallible, but a risk-off asset describes an asset that performs well–or is an asset that investors flock to–when overall market sentiment…

Bitcoin’s $40K Breakout Elusive as Fed-Inspired Dollar Drop Loses Steam

boss

The dollar index (DXY), which tracks the greenback’s value against major currencies, jumped 0.7% to 103.25, having dropped 0.9% to 102.51 Wednesday. The futures tied to the S&P 500, Wall Street’s benchmark index and the tech-heavy Nasdaq index traded at least 0.5% lower, signaling a weak open following Thursday’s surge. Heading into the meeting, the Fed funds futures saw around a 40% chance of a 75 basis point hike in June. Therefore, risk assets picked up a bid after Powell dashed hopes of a bigger move. Original