The world tends to listen to economists, when they speak, especially when the Nobel award committee has recognized them for having achieved something grand in the discipline. We also like to joke about them, as well, i.e., if you laid all economists end to end, they still would not reach a conclusion. If you were…
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One unique characteristic of nearly all things crypto is that they are digitized in a way that yields instant online real-time data, and where there is data, there is always the potential to delve deep to find helpful “nuggets” of information. If you are smart enough and clever enough, a trader in cryptos can also…
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September 23rd is only weeks away. For those that missed it, it is the regulatory approved launch date for the Bakkt crypto exchange, the first of its kind – it will be “state-of-the-art; it will offer daily and monthly futures contract that settle “in kind”; and it will be fully regulated. What is that you…
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In its initial idealized beginnings, Bitcoin was intended to be another payment option at the point of sale, free from interference by bankers and a cheaper alternative for merchants. A few zealots actually predicted that Bitcoin would soon rival Visa and MasterCard at the point of sale, but that dream soon disappeared, as BTC became…
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These are anxious times in Bitcoin world. BTC keeps pounding upon upper resistance, occasionally pushing through to new heights, but lately it just seems to lose energy once it crosses the $12,000 threshold. Profit taking is one thing. Consolidating a position is another, but this latest round of bouts with sluggishness is worrisome to even…
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Bitcoin has continued its assault upon the $12,000 barrier, while expanding its crypto market share dominance to 68.8%. Its share had been 66.5% only a few weeks back, but analysts are now projecting an 80% target, as altcoins weaken and fade away. A final reckoning may be occurring, where poor use cases may finally dictate…
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The tale of the one and only hack of the world’s largest crypto exchange is back in the news, as hackers began their task of laundering the 7,074 Bitcoins that were stolen back in early May from Binance. Coinfirm, a crypto analytics firm, has been keeping tabs on the various addresses where these coins, now…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 7, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Traditional finance types have been talking about it for a while, but lately, I'm seeing more and…
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Bitcoin is back to its old tricks of waiting until the weekend to make a positive leap forward. It had been ranging of late, unable to break out in any direction. If you went back to June, its fifth positive gain month in a row, BTC had been roundly repulsed from the $13,800 level. A…
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Bitcoin hodlers are an anxious bunch these days. The industry has been under attack by no less than the President of the United States, his henchmen, and global officials across the globe. Skeptics keep prophesizing that a major correction is imminent, one that will drop BTC values far below any levels that seem conceivable or…
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