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Mathematical Secret: Why Did The Bitcoin Rally Stop At The Golden Ratio?
Bitcoin is one of the most interesting and powerful pieces of mathematical code out there, launched as an open source project by the mysterious Satoshi Nakamoto. In yet another one of the many ways math and mystery come together in relation to the cryptocurrency, its origins, and the underlying technology, the current peak in recent…
Bitcoin Closes Finest Quarter In History, However A Bearish Signal Sticks Around
Bitcoin price closed the historically red month of March not only in the green, but with the largest dollar for dollar gain on in the cryptocurrency’s short history. Unfortunately, despite how strong the ongoing bull trend has been during the first quarter of the year so far, the quarterly candle which ended alongside March, also…
Why Morgan Stanley is acquiring direct exposure to Bitcoin (BTC)?
In yet another bullish announcement for Bitcoin this week, banking giant Morgan Stanley has filed a document with the Securities and Exchange Commission (SEC) to gain exposure to BTC. Per the document, 12 of Morgan Stanley’s investment funds will allocate capital in BTC financial products. Morgan Stanley’s investment funds eligible to gain indirect exposure to…
Go Phish: How This Bitcoin Financier Lost 17 BTC To An iPhone App
Bitcoin is once again making headlines everywhere, mostly for all the right reasons this time around. However, where there’s money to be made, there’s also scammers waiting in the shadows to steal funds whenever they can. The latest situation involves a highly sophisticated replica of a popular Apple iPhone app, a malicious application from Apple’s…
3rd Time’s The Damage: Trader Cautions Of Bitcoin Turnaround Pattern
Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of…
TA: Why Bitcoin Rate Looks Set For A Strong Rally Above $60 K
Bitcoin price extended its upward move above the $59,000 zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate further higher in the near term. Bitcoin is rising steadily and it is likely to break the $60,000 resistance zone. The price is now well above the $57,000 support and…
Profession Commodities Trader Alerts Bitcoin Neighborhood Over Coinbase Issues
Peter Brandt is an iconic trader who in the past called the dramatic fall to the Bitcoin bear market bottom, nearly a year ahead of time. Could the commodities trader with decades of experience in all things markets – who has for sure seen a thing or two in his career – now be forewarning…
Purchasing With Bitcoin? PayPal Small Print Exposes Swap To Fiat
Today, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since the middle of last year. However, like all things related to centralized platforms getting involved in cryptocurrencies, there’s a catch. PayPal To Allow Customers To…
Bakkt and CME release brand-new items, Bitcoin’s rate responds appropriately
Two key entities that affect the crypto market dynamics have announced the launch of new Bitcoin products on the same day. The Chicago Mercantile Exchange (CME) and Bakkt appear to be pursuing a common goal, the evolution of their crypto-based services to attract new investors. The CME financial derivatives platform announced that it will offer…
TA: Bitcoin Holds Strong, Why BTC Might Quickly Rally To $60 K
Bitcoin price extended its rise above the $58,000 resistance against the US Dollar. BTC is now correcting gains, with but it is likely to remain well bid near $56,750 and $56,500. Bitcoin gained pace above the $57,500 and $58,000 resistance levels before correcting lower. The price is now well above the $55,000 support and the…