Cryptocurrency Analysis and News Portal
Thinner markets, of course, mean that it doesn’t take as much to move prices as it once did. For an example, look no further than a week ago, Saturday, Feb. 5, when bitcoin finally broke above $40,000 and stayed there for the first time in over a week. Volumes the
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A few days ago, Dave Portnoy returned to Bitcoin with an almost $1.1M buy of 29.5 BTC. Today, he thinks “you are an idiot if it’s not part of your portfolio.” The Barstool Sports owner and main personality might have a point, but the whole situation is still funny. Especially,
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Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once again let the world know about his stance on bitcoin and cryptocurrencies. Dimon stated that whoever borrowed money to purchase bitcoin was, in his opinion, a “fool.” However, his personal opinion has not
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In a death knell to the dollar, Peter Brandt says the goal should be to stockpile Bitcoin. The renowned trader admitted his previous trading goal, to accumulate dollars, was the wrong strategy to have. But in the last year, Brandt said his mindset has shifted to favor the leading cryptocurrency. .@PeterLBrandt
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Hindsight is 20/20, but when money is on the line, being prepared can give investors better foresight. Just over a year and a half ago, Investopedia reported on the panic among many crypto investors who’d found themselves on the wrong side of the taxman. The article read, “Online forums like
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Ray Dalio has warned investors of the perils of holding cash. He argues the U.S. dollar has become a risky asset as a result of fiscal stimulus and debt production.The market would largely agree with Dalio’s assessment, given its fight to gold, other currencies, and equities.But the flight away from
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Millennials have been pouring money into bankrupt stock Hertz. Day traders who speculated on Hertz could lose all their money as Morgan Stanley expects $0 as the base case scenario for the car rental company. Robinhood investors are playing with the stock market and are taking too much risk. Hertz’s (NYSE:HTZ) shareholders might
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A new leak claims Rockstar Games is gearing up to release what sounds like a phenomenal remake of 2010’s Red Dead Redemption. Rockstar is allegedly remaking the original for the next-gen with an engine overhaul, new missions, and new features borrowed from RDR2. The leak suggests Rockstar plans to announce the game
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Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which
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