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Michael Saylor, CEO of Microstrategy, recalls his negative outlook on BTC and how his mind has been changed over the years

Quick take 1 minute read When it comes to trading, one of the key mentalities that an investor must have is patience.  With your into cryptocurrency or traditional stock markets, persistence and patience are two of the key aspects that you must-have when it comes to trading with financial assets.  When it comes to trading, one of the key mentalities that an investor must have is patience. With your into cryptocurrency or traditional stock markets, persistence and patience are two of the key aspects that you must-have when it comes to trading with financial assets. The Chief Executive officer of...

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Bitcoin regulatory bodies are essential in crypto adoption

Bitcoin is by far the most popular cryptocurrency in the world. In a world that is becoming more digitalized and techier every day, it is without no doubt that bitcoin might become fully mainstream soon enough. The pseudo-anonymous nature of the network has been preserved for over a decade. There is no built-in protocol in place that can automatically capture the real-world identities behind the alphanumeric strings that constitute a public address. Before the emergence of bitcoin, which started Jan 3, 2009, there is a 20-year history behind it, called "The Cyber Punks." These are developers, programmers, hackers who were...

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BTC/USD Rockets Higher and Eyes 12486.61: Sally Ho's Technical Analysis 21 October 2020 BTC

Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair appreciated to the 12450 level after trading as low as the 12141 area during the European session, a level that is now just below the 38.2% retracement of the subsequent appreciating range from 11659.44 to 12450.00.  Traders are noting that the 12205.99 area emerged as an important one during the North American session where upside demand emerged, a level that now represents the 23.6% retracement of the broader appreciating range from 11416.04 to 12450.00.  BTC/USD experienced a sharp appreciation during the Asian session when it climbed from the...

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BTC/USD Tests 12060 Technical Resistance: Sally Ho's Technical Analysis 20 October 2020 BTC

Bitcoin (BTC/USD) gave back some gains in today’s North American session as the pair receded to the 11908.49 area after trading as high as the 12050 area earlier in the North American session, a test of the 12060.06 area that represents the 61.8% retracement of the depreciating range from 12486.61 to 11370.00.  The 11700.40 area emerged as important technical support during the Asian session, right around the 23.6% retracement of the recent depreciating range from 11833 to 11659.44.  Stops were elected above the some key technical levels during the acute move higher including the 11928.31, 11957.97, and 11992.15 areas.  Above current price...

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Five DeFi Projects to Harness the Value of Your Bitcoin 

It’s hard to believe how far DeFi has come in such a short time. A year ago, as total value locked hovered around the $600 million mark, hitting the $1 billion milestone seemed ambitious. Now, the next big milestone is $12 billion.  However, it’s fair to say that Ethereum-based DeFi has caused the lion’s share of the hype throughout this meteoric rise. But amid the ongoing saga of the Ethereum 2.0 upgrade, other blockchains are starting to muscle in on the act. This year has seen the launch of Polkadot and Binance Smart Chain - both hot new platforms for...

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