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Bitcoin’s Impact On Society

We’ve no way of knowing what kind of impact Bitcoin could have on the world if it is globally used although many believe that it could help third-world nations, help the economy and so much more. New Tech, New Thoughts An interesting concept was brought up by Bitcoinist in one of their recent articles. In today’s world, most critics will attempt to define Bitcoin using analogies. They compare it to things that they already know such as stocks, commodities and PayPal services. “Just like the automobile was first described as a horseless carriage, Bitcoin today is presented largely as digital...

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Bitcoin (BTC) Could Stall The Next Crash But Not For Long

Bitcoin (BTC) is trying to avoid the inevitable much like the S&P 500 (SPX). However, the difference is that the S&P 500 (SPX) is a major index and it can exhibit that kind of behavior but BTC/USD will soon have to take a definitive direction. In my opinion, the whales and market makers are just trying to analyze what the S&P 500 (SPX) is doing so they can make their next moves on cryptocurrencies. At this point, the probability of a sharp decline below the descending triangle is very high while everyone is trying to buy the bottom. Looking at...

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Bitcoin (BTC)’s Next Downtrend Might Coincide With A Fall In The S&P 500 (SPX)

Bitcoin (BTC) is on the verge of a sharp decline but it keeps stalling that move. Yesterday’s bullish S&P 500 (SPX) close gave Bitcoin (BTC) more reason to do that and we have seen in the past 24 hours, the price has practically done nothing. We are now very close to seeing a sharp decline below the horizontal support at $8,046.51 and I for one would not be surprised at all to see BTC/USD nosedive even below $7,000. In my opinion, if we see a decline, we see a sharp decline from here otherwise the price will trade sideways if...

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Is the Crypto Ratings Council Biased?

The chief legal counsel at major United States digital wallet and platform Coinbase, Brian Brooks has just responded to the worries and conflicts of interest which could impact the firm’s newly formed Crypto Ratings Council. Speaking in an interview earlier this week, Brooks addressed the critics who claimed the council’s compliance guidance which could be affected by the private stakes of those involved. In the past, the Coinbase platform has clarified that the results brought forth by the council are designed to serve as a “scalable, points-based rating system,” drawing upon yes-no questions formulated on the basis of the United...

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Blockchain Pro US Candidate’s Unusual Method of Winning Voters Hearts

In an attempt to gain more voters for The 2020 US election, Presidential candidate Andrew Yang showed off his skateboarding skills at a recent Yang 2020 rally in Las Vegas Wednesday. The New York businessman wooed the crowd with some sick moves on a supporter’s heels. Despite being a bit sketchy in places, someone had filmed the footage and posted it to Twitter which encouraged David Burge (Iowa Hawk Blog) to respond simply with “RIP Beto.” For context, Beto O'Rourke, the former United States Representative is one of Yang’s rivals in the upcoming 2020 election.  This rivalry between the two...

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