The Pros and Cons of PayPal-Bitcoin Combo
With a history of firing nasty comments at Bitcoin, the Wall Street mammoth, ranging anywhere from “bubble” to “financial scam,” appeared with candies in its hands this time.
Tag: crypto
Should Bitcoin Traders Worry About Third-Quarter Earnings’ Outcome?
The dilemma was the same at the beginning of July 2020: could or could not Wall Street earnings influence the Bitcoin price trend? Entering October 2020, the market has some clues about it.
Bitcoin Begins Q4 With a Bang: Is $20K By Year’s End Possible?
A battered final month of the third quarter signaled more pain for Bitcoin, a decentralized cryptocurrency known for hedging global market risks and enabling cheaper and quicker cross-border payments.
Bitcoin Stands Tall Ahead of FOMC Meeting This Week
On Sunday, Bitcoin experienced a brief pump-and-dump. The BTC/USD exchange rate was able to break above $10,400, a resistance that capped the pair’s upside outlook for almost two weeks. Bitcoin eventually formed a session top above $10,500 only to find later that the area was full of profit-taking traders. A pullback ensued and the cryptocurrency…
Three Reasons Why Top Crypto Bitcoin Can Still Fall Towards $6,000
Predicting Bitcoin price is no less than looking into a crystal ball. As the cryptocurrency leaves behind a trail of endless bullish and bearish fractals, it gives traders a grain of data to predict its next trend. The reality remains the same: the Satoshi Nakamoto’s p2p cryptocurrency is an erratic asset. Its market is tiny,…
Negative Interest Rates & Its Potential Impact on Crypto Market
“Negative interest rates? Over my dead body.” Jerome Powell did not say that. But if one were to reimagine the Federal Reserve chairman in a superhero comic book, that is precisely how his dramatized version would have screamed about “the biggest monetary policy experiment of modern times.” In the real world, a less-theatrical Powell conveyed…