‘Buy the dip’ is a popular strategy among traders and investors and especially within the cryptocurrency field, especially for Bitcoin trading.As Bitcoin approaches what seems like a begging of another bull-run, and based on the past real bull-run of 2017, buying dips might be a very wise and profitable strategy for trading the current market conditions.What Is Buy The Dip In Bitcoin?The financial markets, especially the cryptocurrency ones, tend to fluctuate in price actions. Even if there’s...
Read More »Chainlink (LINK) Skyrockets 60% In 5 Days To New ATH: Bitcoin Remains Stable At $11,700 (Market Watch)
As of the middle of the weekend, Bitcoin continues to fluctuate in a range from $11,400 to $11,800, while most altcoins are trading in green.Yet, Chainlink has attracted another wave of serious interest after an eventful 24 hours and a fresh all-time high painted.Bitcoin and Altcoins In The GreenAfter a sudden dip to $11,200 on Friday, the primary cryptocurrency has managed to regain its composure. The bulls didn’t allow any further declines and pumped the price upwards.Since then, Bitcoin...
Read More »Allemagne : La BaFin saisit les distributeurs automatiques de « Shitcoins Club »
La BaFin, autorité fédérale allemande de supervision financière, a saisi les 17 distributeurs automatiques bitcoin gérés par la société polonaise Shitcoins Club en Allemagne. En novembre dernier, le parlement allemand a autorisé les banques à vendre et à stocker des Bitcoins. En mars la BaFin avait cependant précisé le statut des cryptomonnaies qui, en tant qu’instruments financiers, ne peuvent...
Read More »The SEC Is Changing the Scene for Institutional Traders Involved in Crypto
Analysts are still struggling to make sense of the situation surrounding both cryptocurrency and the presence of institutional traders.Institutional Traders May Not Have to List All Their AssetsThe good news is that more institutional players have become involved with crypto in recent years. New evidence from the likes of companies such as Grayscale suggest that, considering the platform has recorded more than $1 billion in BTC investments for its third quarter. This means that more than $300...
Read More »Following Today’s Action Will ETH Finally Close Above $400? (Ethereum Price Analysis)
Ethereum saw a 3.4% price rise today as it hit the $389 level.The cryptocurrency had reached as high as $408 earlier in the week and went on to drop into the $380 support.Against Bitcoin, Ethereum fell lower from the 0.035 BTC resistance but found strong support at 0.0326 BTC.ETH/USD: Bulls Set Targets To Breach $400 AgainKey Support Levels: $370, $350, $321.Key Resistance Levels: $400, $408, $420.Ethereum has seen a strong 8% price increase over the past seven days of trading, which allowed...
Read More »This Was The Week Of The Top 10: The Crypto Weekly Market Update
Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay. It didn’t take that long for BTC to recover as it...
Read More »Bitcoin Takes a Dip As Unemployment Shrinks in the U.S.
After weeks of reaching new highs, both bitcoin and gold have drawn back a little bit after news has emerged that the United States is doing better in the jobs department than originally anticipated.Bitcoin Takes a Few Steps BackSometimes, it’s necessary to give something up to garner a positive outcome of some kind, and in the case of people’s livelihoods and financial stability, what could be more important? With so many people out of work as of late due to the growing coronavirus pandemic,...
Read More »Bitcoin est-il trop difficile à comprendre ?
J’ai passé une grande partie des trois dernières années à expliquer Bitcoin au grand public et la résistance la plus courante qu’on m’a opposée c’est que « Bitcoin est trop compliqué » et que « les masses ne comprendront jamais ». C’est un argument valable. Bitcoin est compliqué et si vous voulez obtenir à une vision complète du panorama, il faudra d’abord connaitre l’Histoire de la monnaie puis comprendre le fonctionnement des réseaux...
Read More »Bitcoin Plunged $700 Away From $12K, But There Is Good News (BTC Price Analysis)
The past week was incredible for Bitcoin. During the previous weekend, the primary cryptocurrency saw its price touching above $12K and dumping to $10,500. A loss of $1600 in a matter of minutes.However, throughout the past week, the price slowly recovered towards the $12K mark once again. On Thursday, when it seemed that a new 2020 record is coming up, we warned here following a second failure to break the $12,000 resistance mark.Yesterday Bitcoin plunged to as low as $11,200 (prior...
Read More »German Financial Regulator Cracks Down on Illegal Bitcoin ATMs
Germany’s financial regulator has come down hard on Bitcoin ATMs that are operating in the country without a license.BaFin Clampdown on Unlicensed Bitcoin ATMsAccording to a report by Handelsblatt, the German Federal Financial Supervisory Authority (BaFin) targeted operators of Bitcoin ATMs that were working in the country illegally. Only BTC machines with a BaFin license according to the German Banking Act can function in Germany.The report further reveals that the operator of BTC ATMs under...
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