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Key Bitcoin Price Pattern Suggests Imminent Chance of Bullish Reversal
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Key Bitcoin Price Pattern Suggests Imminent Chance of Bullish Reversal
A fresh market prediction is now saying that the cryptocurrency market may soon reverse. Although Bitcoin is currently trading around $8,000, this new prediction indicates that there is a substantial chance for a reversal. Will Bitcoin soon see a bullish market reversal? Specifically, the key metric giving hope to those longing for a Bitcoin reversal is no other than the moving week average. A moving week is a basic technical…
Global Debt Approaches $255 Trillion As ”Plan A Has Failed”
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Global Debt Approaches $255 Trillion As ”Plan A Has Failed”
As the end of the year begins to approach, the global cumulative debt will soon hit $255 trillion. Consequently, some observers are beginning to note that this highlights some of the traditional monetary market’s failings. Global debt about to reach $255 trillion Specifically, this data comes from the latest figures stemming from the Institute of International Finance. Moreover, the information is available for the public to review in the firm’s…
Former ECB Boss Says Bitcoin “Isn’t Real”, Warns Consumers of Crypto
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Former ECB Boss Says Bitcoin “Isn’t Real”, Warns Consumers of Crypto
Cryptocurrencies in general are known to attract criticism from regulators and monetary authorities all over the world. Now, yet another notable figure is chiming in on this matter, claiming that Bitcoin “isn’t real”. Why do financial institutions resist cryptocurrencies? The fact that central banks in various countries are suspicious of cryptocurrencies is, in itself, not hard to understand. After all, decentralized digital currencies present a very real risk to the…
Tron Founder Reveals Recent Investment in Poloniex
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Tron Founder Reveals Recent Investment in Poloniex
The founder of Tron, Justin Sun, is a well-known actor within the cryptocurrency space. Now it looks as if he is attempting to cement his position as one of the industry’s leading actors with a fresh investment in Poloniex. Specifically, this investment supposedly was one of several that made an acquisition of Poloniex possible.  Justin Sun reveals investment stake in Poloniex First, however, some context may be in order. As…