Hot Topics

Advertisement

Advertisement

Bitcoin (BTC): End Of The Line, Where To From Here?

Bitcoin (BTC) is at the end of the line. From this point onwards, it will have to break out of the triangle, be it to the upside or to the downside. The most likely scenario, considering all technical as well as fundamental indicators is that Bitcoin (BTC) will break out to the upside. Price action on the monthly chart also does not support a fall and close of a monthly candle below $6,000 as that would pave the way for a bear market. The squeeze momentum on the chart above also signals that a trend reversal might be around the...

Read More

Crypto Analysis: BTC/USD Bulls Get A Breather, But Uptrend Comes Short Of $6,300

  Most of the leading 10 cryptocurrencies are making refined greater adjustments as we introduce the weekend break trading. The possessions have actually been swimming in the sea of red while the vendors have actually been having an area day. The overarching decreases show up to have actually come to a stop and also a recuperation pattern remains in dip into the minute. The guideline information has actually decreased for time currently, for that reason, it is most likely that the present rate efficiency is mainly based on supposition in addition to supply as well as need. Bitcoin rate is...

Read More

The Bitcoin Rise Is Huge, Finds Bank Of Canada

The Bank of Canada (Banque Du Canada) have published a report off the back of a two-year study into Bitcoin in Canada. The report, named ‘Bitcoin Awareness and Usage in Canada: An Update’ by Christopher S. Henry, Kim P. Huynh and Gradon Nicholls explores the growth Bitcoin has seen in Canada and looks towards future prospects for the currency in the country. You can see the full publication here.   According to Henry et al.: “The Bank of Canada’s interest in Bitcoin is to understand whether its adoption and usage by Canadians could affect the financial system. Further, it is important...

Read More

Bitcoin Will See $50,000 For The Long Term Says High Profile CEO

The CEO of Abra, Bill Barhydt is the latest crypto expert to speak out about the future price of Bitcoin. The long and short of his prediction is that Bitcoin will hit $50,000.00 and will remain at that point for a long stretch, though in his predictions he didn’t make it clear when this will happen… conveniently. Barhydt is well known for his bullish outlook and of course, it benefits him to be bullish as it only encourages people to use Abra, therefore speaking negatively about the markets may actually be quite damaging for his business. This prediction really does...

Read More

Bottle Caps Or Bitcoin, Crypto’s Use During Times Of Crisis

They say that in an apocalypse, during the crash of the financial system, humans may turn to items like bottle caps for currency. I do wonder why bottle caps would be the chosen item but I guess that they are easily accessible as a result of our questionable drinking habits, right? Joking aside, we want to explore how cryptocurrency could come into its own during times of crisis. Because cryptocurrency requires no middleman, in theory the likes of Bitcoin could still operate functionally even if our FIAT financial system crashed. Of course, for this to happen people would need to...

Read More