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As lockdown looms in England, the BoE gives unintentional “advertisement” for bitcoin 

The United Kingdom is at a strange point right now.  Just as the north-west of England prepares to go into lockdown once more, the Bank of England has become the latest central-bank to talk about the negative interest rates.  The United Kingdom is at a strange point right now. It’s uncertain where the country will go when it comes to lockdown as counties all across the country are being restricted to what they can do with unclear ruling from the Conservative government.  Just as the north-west of England prepares to go into lockdown once more, the Bank of England has...

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BTC/USD Bears Focused on 10760.37: Sally Ho's Technical Analysis 18 September 2020 BTC

Bitcoin (BTC/USD) continued to orbit the 11000 figure early in today’s Asian session as the pair retraced after trading as high as the 11099.95 area earlier this week.  Stops were elected below the 10760.37 area during yesterday’s North American session, just below the 38.2% retracement of the recent appreciation from 10211 to 11099.95.  The next downside retracement levels in this range include the 10655.48, 10550.58, and 10420.79 areas.  Additional Stops were elected below the 10797.84 area, representing the 23.6% retracement of the recent broader appreciation from 9819.83 to 11099.95.  The next downside retracement levels in this range include the 10610.94, 10459.89, and...

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Cameron Winklevoss explains how BTC is “emergent money”

Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate.  Instead, some people call these digital assets a “store of value”. Cryptocurrency is a term that has been used to describe assets such as bitcoin for over 10 years now but some people within the industry are sceptical on whether the “Currency” term is appropriate. Instead, some people call these digital assets a “store of value”. Over the past decade or so, the leading Cryptocurrency has...

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“Mad money“ host Jim Cramer U-turns on his negative bitcoin ideology 

Jim Cramer, the host of the CNBC show “mad money“ has given harsh words on bitcoin over the years and even compared it to an “outlaw currency“.  But as the industry has grown and changed, over the course of this year in particular, it seems that Jim has changed his mind following an interview with Anthony Pompliano. Jim Cramer, the host of the CNBC show “mad money“ has given harsh words on bitcoin over the years and even compared it to an “outlaw currency“. But as the industry has grown and changed, over the course of this year in particular,...

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As the $11,000 Mark was reached for bitcoin, crypto Twitter stays silent

The talk of the town today in the crypto space is the fact that bitcoin rose above $11,000 for the first time since the start of the month.  Even though it is currently sung back into $10,000 territory at the time of writing, many investors are excited about the future. The talk of the town today in the crypto space is the fact that bitcoin rose above $11,000 for the first time since the start of the month. Even though it is currently sung back into $10,000 territory at the time of writing, many investors are excited about the future....

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