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That said, the technical indicator’s past record as a predictor of bear markets is mixed. According to research by Kraken, many of bitcoin’s previous death crosses, including those seen in 2014 and 2018, coincided with “either a sell-off in the days that followed or a continued macro downtrend that confirmed
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The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million Microstrategy CEO Michael Saylor talked about his bitcoin strategy
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The popular crypto trading platform OKEx has recently announced the listing of COMP Governance token. The native token of Ethereum based Compound algorithmic autonomous interest rate protocol is available for spot trading against USDT and BTC since June 29, 2020.Apart from Spot trading, OKEX has also launched Margin Trading and
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Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind.As Euromoney reported on April 3, Bautista noted that the pandemic provoked a heightened demand in online banking services, pushing banks
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