Here’s 2 ways clever pro traders spot crypto and stock price reversals
Many successful traders look for double bottom and W bottom reversal patterns on technical charts in order to spot powerful price reversals. Go to Source Powered by WPeMatico
DIGIT
DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’
Jack Dorsey has outlined plans to build an open developer platform focused on creating Bitcoin DeFi services. Go to Source Powered by WPeMatico
Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit
Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases Buy Limit for Cryptocurrencies Paypal Inc. announced Thursday that it has increased purchase limits … Read more
7 Trends That Will Change The Crypto World in 2021
The growth of the cryptocurrency market can’t be dismissed as a trend or fluke in the investment industry. In fact, a lot of people already tried to do that. We now know that the crypto boom is here to stay and there’s still plenty of opportunity to get involved. That said, an interesting aspect of … Read more
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s decision to ban bitcoin mining, the company “accelerated” its migration strategy to … Read more
PayPal increases crypto purchase limits to $100K
The company said the move was aimed at giving customers “more choice and flexibility” to purchase crypto. Go to Source Powered by WPeMatico
3 altcoins showing signs of accumulation while Bitcoin price is down
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours. Go to Source Powered by WPeMatico
Rep Tom Emmer introduces bill to provide certainty for digital assets
The Security Clarity Act seeks to lessen regulatory burdens for blockchain-based technology. Go to Source Powered by WPeMatico
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the way up until April 2021, and the estimate of China’s hashrate … Read more
DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop ‘pretty substantially’
According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000. Go to Source Powered by WPeMatico
