Tag Archives: btcusdt

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...

Since breaking above the $9000 mark on Wednesday, Bitcoin sees only one way. The primary cryptocurrency climbed the resistance stairs and now about to reach a critical resistance trend-line.Bitcoin Bulls Are Back, Until When?As we mentioned here a few days ago, there is no better time to long Bitcoin than when everyone on crypto-twitter is bearish. The majority is almost always wrong in trading.Back to Bitcoin: After an impressive rally and consolidation at the first resistance zone of $9200...

If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...

One of Bitcoin’s most vocal proponents and early adopters, Tyler Winklevoss, took the opportunity to comment on Goldman Sachs’ most recent conclusions on the cryptocurrency.‘Probably’ Rebranding to Goldman Stacking SatsAs CryptoPotato reported yesterday, the large multinational investment bank Goldman Sachs hosted a conference call talking about Bitcoin and other cryptocurrencies. Somewhat unsurprisingly, the report compared BTC’s price action to the infamous tulip mania, claiming that it’s...

The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or less break even against Bitcoin.Bitcoin Struggles Above $9,000Bitcoin has been playing with the $9,000 area quite a bit in the last few days. Yesterday, the cryptocurrency...

The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users.When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time.That means the owners and operators of the Cash App paid $72 to move their user’s $12 worth of Bitcoin.The Square AppSquare Cash App Subsidizes Bitcoin Use?As revealed by crypto-podcaster Collin...

Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking.This becomes clear as the behemoth multinational investment bank Goldman Sachs hosted a conference call headlined US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.Perhaps somewhat expectedly, the banking giant used its platform to bash cryptocurrencies, making some particularly expressive comparisons.Bitcoin And Cryptocurrencies Are Not an...

Major cryptocurrency firms continue to pave the way for institutional involvement in the space. The US-based digital asset exchange, Coinbase, just announced the acquisition of the leading institutional crypto brokerage Tagomi.Coinbase Acquires TagomiSan Francisco-based cryptocurrency exchange Tagomi announced today the acquisition of the leading institutional cryptocurrency brokerage Tagomi. The move is aimed to bolster the company’s propositions for advanced traders and “the most...

Over the past three days, Bitcoin was trading sideways between $9000 from above and $8650 from below.After getting rejected yesterday at the $9K resistance, along with the descending yellow trend-line as marked on the following 4-hour chart, BTC had dropped down to Sunday’s low around the $8650 support line (as mentioned on our yesterday’s price analysis).However, the support line held firmly, and during the past hours’ Bitcoin started a mini bull-run climbing up and surpassing the $8800.From...

Popular cryptocurrency analyst believes that Bitcoin’s price is heading towards $7,200 based on an inverse Head and Shoulders pattern. Interestingly, if BTC is indeed trading within the inverse H&S, the breakout could hand Bitcoin a target of $16,000.BTC: $7,200 Followed By $16,000?The inverse head and shoulders technical pattern is identified when the price of an asset firstly drops to a certain level, rises back up, dives lower than the previous bottom, increases again, and finally...