Hot Topics

Advertisement

Advertisement

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...

Read More

Sally Ho's Technical Analysis 4 October 2019

Bitcoin Bitcoin (BTC/USD) depreciated to the 8086.66 level early in today’s Asian session as the pair fell back below the 8118.00 area, a short-term level of technical Support.  The pair had shown some upward bias above the 8000 figure following last week’s crash to the 7712.45 area after cratering below the psychologically-important 10000 figure.  Technicians continue to eye the 8505 and 8692 levels as upside price objectives above which buying pressure must emerge if the 8995 area will be challenged, representing the post-crash high after the 10000 figure gave way. Chartists are also interested to evaluate price activity around the...

Read More

Is Bitcoin Leading An Environmental Crisis?

When new technologies emerge, they are often hazardous to the environment, simply because when a prototype for a new technology is designed, environmental efficiency may not always be at the fore of the designers and developers minds - they just want to get their product finished, no matter what the cost. Bitcoin is no exception to this. Bitcoin is a powerful tool, one that promises to reshape the financial industry, indeed, it’s already made steady progress toward doing this. Bitcoin is a store of value that can be used to transfer funds, hold funds and even make money through investment....

Read More

Could A Trend Reversal In Gold Mean A Trend Reversal In Bitcoin (BTC)?

Gold has recently been an important leading indicator for Bitcoin (BTC). We have seen the price of Bitcoin (BTC) react to movements in Gold (XAU/USD). We do not know for sure how much of that correlation was real and how much was staged but we do know that a correlation existed which a lot of investors counted on to see where the price of Bitcoin (BTC) is going to head next. Now that Gold has run into a strong resistance at the 61.8% fib retracement level and is on the verge of a potential trend reversal, is it reasonable to...

Read More

Bitcoin (BTC) Is On The Verge Of Another Downtrend

Bitcoin (BTC) started to rally after initial signs of weakness which led some traders into thinking that maybe the bearish setup is invalidated. However, if we zoom out and look at the BTC/USD chart, we can see that there is nothing to be worried about from a bearish standpoint as the price has just formed a double top and is now primed for a sharp decline. The RSI shows us that it tested the trend line resistance again and started to decline from there. Cryptocurrencies are now at a major risk of further downside and what we see in this...

Read More