Tag Archives: Joe DiPasquale

Is an all-out crypto war coming? That’s the sentiment of many analysts now that the Securities and Exchange Commission (SEC) has sworn to sue Paxos, the issuer of stable coin BUSD. The agency says that the firm has been selling the asset as an unregistered security. The SEC Clearly Hates Crypto Under normal circumstances, this wouldn’t be any big deal. After all, it’s not like the SEC has had a great attitude towards crypto in the past, though it seems to be making a lot...

We’re early into 2023, and with 2022 being such a crazy year for bitcoin fans, it appears many analysts are warning about what we should be aware of in these next 12 months so traders can make appropriate investing decisions and keep themselves safe. Bitcoin May Bottom Out Soon One of the people to talk about what we should expect is Tim Enneking, the managing director of Digital Capital Management. He says one of the big things that’s happened is crypto is beginning to...

Is Ethereum about to overtake bitcoin? Ethereum Is Getting Much Bigger This was the question on several analysts’ minds as the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin announced a few weeks ago that it was getting closer to its long-sought merge. The process will involve Ethereum transforming into Ethereum 2.0. The network is switching from a proof of work (PoW) module to proof of stake (PoS). This will allegedly make...

Bitcoin has fallen behind a little as of late, with its price taking a dip from around $13,850 to $13,400. However, as of today, the currency is back up in the $13,700 range, and analysts and industry experts everywhere believe that more price bumps are headed our way in the coming days and weeks.What Made Bitcoin Fall Back, Anyway?A lot of individuals believe that the reason bitcoin fell back so badly is because there are many traders out there who sold their bitcoin stashes – either all or...

Bitcoin broke $11,000 earlier this morning. Unfortunately for all of us, it didn’t last. The currency rose beyond the $11K level only to fall back to $10,800 – a $200 fall within just a few hours. This is exactly what happened when bitcoin first struck $12,000 in August. The behavior suggests that perhaps $11,000 is the new resistance station that bitcoin will have to overcome.Bitcoin Shoots Beyond the $11K LevelHaving said that, many analysts are pleased that the currency did manage to shoot...

Well, this is getting annoying, isn’t it? Bitcoin just can’t seem to make up its mind about where it wants to be. After jumping past the $12,000 mark just yesterday, the currency has now shrunk back to $11,400. That’s a 600 drop in just one day. Why can’t this coin decide it wants more out of life? What is it afraid of?Why Can’t Bitcoin Just Stay High?$12,000 is clearly proving itself to be the resistance level of the year at this point. The currency has crossed the threshold a few times only...

The bitcoin price has stabilized somewhat over the past few days, but it looks like in many ways, the world’s number one digital asset by market cap is still enduring a struggle.Bitcoin Has to Reach the Five-Figure RangeThis seems to be the sentiment of most crypto analysts, who claim that $10K appears to be one of the biggest hurdles for the coin. The mark is proving to be a heavy resistance point for the currency, as the asset initially rose above this mark about 72 hours ago only to fall...

Well, it looks like bitcoin has impressed us all again. After spending the last few days in the mid-$6,000 range (around $6,450), the world’s number one cryptocurrency has set its sights on higher ground, spiking by roughly $400 over the past 24 hours to trade at just under $6,900.Bitcoin Never Ceases to Amaze UsMany were thinking that luck had potentially run out for the currency. That the recent drops it had incurred were too much for it to handle, and that things were in no way going to...

It looks like that $10,000 spike bitcoin has incurred was something of a fluke. The currency has suddenly fallen below the $10K level and is now trading at just above $9,800.Why Is Bitcoin Suddenly Falling?Was it possible the jump came too fast? Could the world’s number one cryptocurrency by market cap have suddenly run out of steam, or is this simply a small break in a continued period of ascension?Joe DiPasquale – the CEO of hedge fund manager Bit Bull Capital – states that the...

At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...