Posts by Alfredo Showtimer
Eerie Gold Fractal From 2020 Leaves Bitcoin Exposed to $27K-Retest
Bitcoin’s price correction from its record high of approx $42,000 in early January appears eerily similar to that of spot gold in August 2020. In retrospect, the precious metal rallied to its all-time high of $2,075.28 on January 8. Its wild move upward prompted traders to secure profits. As a result, the XAU/USD exchange rate…
Read MoreRecurring Buys And Why You Should Start Doing It With Your Crypto
Investing in crypto can be rewarding but also incredibly stressful — especially when things aren’t going too well. At the time of writing, Bitcoin is down over 20% in the past week after an incredible run. It’s fair to say that things can be… up and down. So it’s a good idea to take the…
Read MoreSix Investment Strategies to Make Bitcoin Less Stressful
Yes, we’re in a bull run but investing in crypto isn’t always easy — it can be damn right stressful. Even if things are going well, you can become obsessed (does checking your bitcoin balance every half an hour sound familiar?) But there are a few ways to take the emotion out of investing. Not least…
Read MoreBitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major Crypto
Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin…
Read MoreLost And Found: Man Recovers Bitcoin From Hard Drive Burned In A Fire
Bitcoin is once again in the news, the subject of internet chatter, and watercoolor talk. It is for the first time also the darling of Wall Street, beating out every other financial asset under the sun. The media blitz, rising price, and widespread FOMO has those who have lost Bitcoin in the past feeling the…
Read MoreThe Market Needs Crypto Cards For Daily Purchases
Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among…
Read MoreBitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash
An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24…
Read MoreBitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying
Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue…
Read MoreAn Overview of Modern Crypto Crowdfunding Mechanisms
Since 2013, the primary way new blockchain projects were funded was through a type of crowdfunding system known as an initial coin offering (ICO). In an ICO, early-stage blockchain projects would issue and sell tokens to investors, who usually get first access to these tokens — generally at the best available prices. As the project…
Read MoreThe Strong Part of Bitcoin Upmove Hasn’t Even Started
Bitcoin has blown away the expectations of almost anyone outside of the most steadfast supporters of the cryptocurrency or believers in the stock-to-flow model. The asset over the last several months has exploded from below $10,000 to over $40,000 at the current high. And although the now $11,000 decline could appear to resemble a longer-term…
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