Hot Topics

Advertisement

Advertisement

Expert: “Globalcoin’s Effort Is The Most Bullish External Tailwinds For Bitcoin In 2019/2020”

Facebook’s Globalcoin is all the news right now as many enthusiasts are very excited to see what it will hold. Experts of Bitcoin have begun to think about what kind of impact the social network will have on the crypto space (if any at all). Some are taking this discussion in a cynical manner saying that Zuckerburg’s pet project is a ‘trojan horse’ for governments to establish a 1984-like state in the space. Blockchain Capital’s Spencer Bogart broke down his feelings on the matter in what was a pretty extensive Twitter thread. Starting off Bogart said: For better or worse,...

Read More

EUR/USD Outlook Suggests Bitcoin (BTC) Could Rally But Not For Long

The EUR/USD pair has seen a long period of downtrend but we have yet to see it bottom. The recent rally that saw the pair escape the descending triangle and later test it as support is more likely a fake out. This rally could see EUR/USD continue to rise within the ascending channel for the time being but sooner or later it has to come down again. The price of Bitcoin (BTC) is predominantly paired to the US Dollar (USD) on most exchanges. This means that if the US Dollar (USD) goes down, Bitcoin (BTC) goes up in dollar terms....

Read More

Sally Ho's Technical Analysis 12 June 2019

Bitcoin Bitcoin (BTC/USD) appreciated early in today’s Asian session with the pair reaching the 7985.00 area after finding buying demand around the 7702.83 area late in yesterday’s North American session.  Technically, the pair depreciated late in yesterday’s European session, falling to the 7740.00 area, representing the 61.8% retracement of the move from 7508.77 – 8097.35. The pair then came off further late in the North American session. If BTC/USD is going to take a run higher, it will need to firmly move above the 7958.45 area, representing the 23.6% retracement of the same range. The 8004.24 area is a short-term...

Read More

TRON: How Justin Sun Aims To Sway Warren Buffett’s Opinion On Bitcoin

Last week, the CEO of TRON Justin Sun won a bid to sit down with the American business titan Warren Buffett, for a charity lunch hosted by the man himself. I officially announce I’ve won the record-setting 20th-anniversary charity lunch hosted by @WarrenBuffett. I’ll also invite #blockchain industry leaders to meet with a titan of investment. I hope this benefits everyone. #TRON #TRX #BTT #BitTorrent pic.twitter.com/EMZ4TMhgpR — Justin Sun (@justinsuntron) June 3, 2019 Sun put in a bid of $4.5 million to have the chance to sit down with Buffett and he intends to make the most of it as...

Read More

Bitcoin (BTC) Struggles To Break Past $8,100 As It Begins The Day In Red

Bitcoin (BTC) struggles to break past $8,100 as price begins the day in red and declines sharply after testing the 38.2% fib retracement level. The price has now formed a triple bottom on the 1H time frame but we have yet to see BTC/USD climb above the 38.2% retracement level. That being said, the price has already tested the bottom of the rising wedge it has been trading in and is now primed for further upside. We might see sideways movement for a while before we see any big moves to the upside but BTC/USD is now in a far...

Read More