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10450.26 Remains a Key BTC/USD Challenge: Sally Ho's Technical Analysis 9 September 2020 BTC

Bitcoin (BTC/USD) sought fresh market sentiment early in today’s Asian session as the pair continued to hover around the psychologically-important 10000 figure after encountering selling pressure around the 10440.91 area during yesterday’s Asian session.  Traders drove BTC/USD lower to the 9920.07 area during yesterday’s North American session, and traders are waiting to see if the pair will again test recent lows.  The pair has recently moved above and below its 50-hour simple moving average and 100-hour simple moving average.  The 10395.81 area represents the 23.6% retracement of the recent depreciating range from 12086 to 9873.71, and the 10490.35 area represents the 23.6%...

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Would you trust an 18-year-old over gold bug Peter Schiff when it comes to your finance movements?

Earlier this week, we reported that the well-known gold advocate and bitcoin naysayer, Peter Schiff admitted that he was wrong on the leading Cryptocurrency.  To add further fuel to the fire, Peter put out a poll on Twitter asking his followers if they would trust his opinion over his 18-year-old son, who had allegedly never had a job in his life… Earlier this week, we reported that the well-known gold advocate and bitcoin naysayer, Peter Schiff admitted that he was wrong on the leading Cryptocurrency. To add further fuel to the fire, Peter put out a poll on Twitter asking...

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The US Presidential Nominees Who Have Strong And Positive Ties To Bitcoin

In this post, we will show you the US presidential nominees who have strong and positive ties to Bitcoin. According to UseTheBitcoin, the United States is among the top countries that have the most Bitcoin hodlers. Thankfully, cryptocurrency is legal in the USA. However, the incumbent US President - Donald Trump has in several tweets condemned and criticized crypto-assets as a currency based on thin air. On the other hand, US citizens will be heading to the polls by November 2020 to elect another leader who will be at the helms of affairs. Unlike past US presidential elections, this year’s...

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Argentina’s borders shut down as hacker group demand for million dollars in BTC

Argentina has refused to negotiate with a ransomware group that has pushed them to briefly close all immigration points in the country. Even though they actually closed these checkpoints on the 27th of August, the group demanded $2 million in order to restore its servers. When I woke up today and looked at the latest news in the crypto space, one thing that flooded my timeline was that officials in Argentina have refused to negotiate with a ransomware group that has pushed them to briefly close all immigration points in the country. Even though they actually closed these checkpoints on...

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BTC/USD Orbiting 10000 in Show of Weakness: Sally Ho's Technical Analysis 8 September 2020 BTC

Bitcoin (BTC/USD) extended recent weakness in today’s Asian session as the pair continued to orbit the psychologically-important 10000 figure after encountering selling pressure around the 10358.88 area during yesterday’s Asian session.  Traders were unable to take the pair above the 10364.86 area during the brief rebound higher in yesterday’s Asian session, a level that represents the 38.2% retracement of the appreciating range from 4680.65 to 13878.40.  Selling pressure then emerged around the 50-bar simple moving average, driving the pair back below the 10000 figure and as low as the 9888 area during yesterday’s North American session.  The 10395.81 area represents the 23.6%...

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