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Bitcoin (BTC) On The Verge Of A Big Breakout?

Most new traders often assume that we cannot time the market. That might be true to some extent but it can be quite misleading. Professional traders have been timing the market for years to ascertain when would be a good time to enter or exit a trade. While it may not work all the time, it does provide traders useful insights as to what to expect next. In the case of Bitcoin (BTC), we can see how the fib time tool on the 4H chart for BTC/USD tells us that a breakout is around the corner. Even if we remove...

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Crypto Payments Given the Green Light in Ukraine!

The Verkhovna Rada has recently adopted a new bill that integrates the best worldwide AML practices into the crypto regulatory framework. So with this, people who own assets in digital currency are able to use their holdings as a medium of exchange. So in laymen’s terms, crypto payments are now a legal entity in Ukraine. Members of Ukraine’s legislative arm, the Verkhovna Rada have recently adopted a new bill that integrates the best worldwide AML practices into the crypto regulatory framework of the country. According to Forklog, in the Ukraine, and as part of the new legislation, cryptocurrencies are now...

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MakerDAO Founder Talks On Bitcoin & Ethereum Being Digital Gold

There are plenty of people in the space that highlights the view that Bitcoin was made to be used as digital cash.  Rune Christensen, the founder of MakerDA would be a part of that group. The founder said that Bitcoin and Ethereum both have the potential to becoming digital gold. Whereas some people in the industry think it’s good to see Bitcoin as digital gold or store of value asset, there are plenty of others in the space that highlight the view that this was defying the whole point of Bitcoin, as it was made to be used as digital...

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Bitcoin (BTC) Gets The Green Light From EUR/USD To Take Off

Bitcoin (BTC) is about to break out of the symmetrical triangle it has been trading in since last month. Until recently, the direction of this breakout was uncertain but now that the EUR/USD forex pair has once again climbed above the 38.2% fib level and begun to rally, we are hopeful that Bitcoin (BTC) could do something similar. The 4H chart for BTC/USD shows that fib time analysis also support our view that the price is ready to make a big move. Recent funding history for Bitcoin (BTC) and Ethereum (ETH) have also shown us some signs that bullish interest...

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Kraken Exec Suggests Bitcoin Will Lead The Pack For Traditional Institutions

Nelson Minier has recently spoken on the 2008 financial crash in the latest episode of ‘The Bitcoin Knowledge Podcast‘. Minier said that with “paper money getting printed all the time, globally, Bitcoin is going to be the pied piper”. The Head of OTC trading at the Kraken platform, Nelson Minier has recently spoken on the 2008 financial crash in the latest episode of ‘The Bitcoin Knowledge Podcast‘. Minier said: “One thing that the financial crisis has changed in people’s mentality is how important is liquidity. People value liquidity more than in years gone by and the financial crisis really put...

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