Opinions

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Source Node: https://www.coinbureau.com/news/bitcoin-below-60k-for-the-first-time-in-10-days-should-you-buy-the-dip/
Time Stamp: October 27, 2021 11:14 AM - Modified On: October 27, 2021 - Published By:
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Republished By Plato

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

Elon Disappoints SHIB Holders, But Tesla May be Accepting Bitcoin Payments Again

Source Node: https://www.coinbureau.com/news/elon-disappoints-shib-holders-but-tesla-may-be-accepting-bitcoin-payments-again/
Time Stamp: October 26, 2021 10:49 AM - Modified On: October 26, 2021 - Published By:
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Republished By Plato

Tesla CEO and crypto enthusiast Elon Musk disappointed Shiba Inu (SHIB) investors yesterday when he revealed he didn’t own any of the dog-themed meme coin. In a Twitter thread with a user named “@ShibaInuHodler” who said “Hey Elon Musk how much SHIB are you holding!!”, the tech billionaire calmly replied, “none”. Musk then revealed his portfolio before giving an honest warning about crypto investing. “Out of curiosity, I acquired some ascii hash strings called ‘Bitcoin, Ethereum & Doge’. That’s it. As I’ve said before, don’t bet the farm on crypto!

Bitcoin Bulls Sustain Recent Rallies but Are Overwhelm Above $48,000 High

Source Node: https://coinidol.com/bitcoin-48000-high/
Time Stamp: October 4, 2021 5:09 AM - Modified On: October 4, 2021 - Published By:
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Republished By Plato

Oct 04, 2021 at 09:09 // News The Bitcoin (BTC) exchange rate has been on a positive run as the price broke out above the high of $48,000. Although buyers failed to sustain the bullish momentum above the $48,000 high, the BTC price fell back to support at $47,000. Since October 1, buyers have made a concerted effort to resume upside momentum, but the cryptocurrency faces rejection at the recent high. The bottom line is that bitcoin will continue to rise as long as the cryptocurrency's price remains above its

AXS has gained by >150% in 12 days, but is this rally too good to last

Source Node: https://ambcrypto.com/axs-has-gained-by-150-in-12-days-but-is-this-rally-too-good-to-last/
Time Stamp: October 2, 2021 6:30 AM - Modified On: October 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice To say that Axie Infinity has been on a bull run is an understatement. Its price rose from $48 to an all-time high of $120, marking a jump of over 150% in just 12 days. Spot volumes across exchanges clocked in at $5.6 billion, making AXS the fifth most-traded crypto (excluding USDT) over the last 24 hours. Meanwhile, the play-to-earn giant has been building its community presence via huge

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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Republished By Plato

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Source Node: https://ambcrypto.com/former-u-s-official-says-cryptocurrency-not-some-libertarian-paradise/
Time Stamp: September 27, 2021 7:00 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

Source Node: https://www.bitcoinnewsminer.com/south-african-university-professor-urges-country-to-finalize-cryptocurrency-policy-warns-against-resisting-crypto/
Time Stamp: September 27, 2021 1:38 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

Source Node: https://news.bitcoin.com/south-african-university-professor-urges-country-to-finalize-cryptocurrency-policy-warns-against-resisting-crypto/
Time Stamp: September 27, 2021 12:30 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Source Node: https://coingape.com/bitcoin-btc-whales-care-a-little-about-chinas-crypto-ban-accumulation-increases/
Time Stamp: September 27, 2021 12:19 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors’ reaction was obvious as the crypto market plunged immediately following the news. advertisement But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% up at a price of $44.030 and a market cap of $827 billion. It means strong whale purchases have recovered almost 80% of the last market dip. Citing data from Santiment, crypto analyst Lark

Dogecoin Fluctuates Above $0.20 Support, Can Bears Resume Selling Pressure?

Source Node: https://coinidol.com/dogecoin-0-20-support/
Time Stamp: September 26, 2021 4:59 AM - Modified On: September 26, 2021 - Published By:
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Republished By Plato

Sep 26, 2021 at 08:59 // News The price of Dogecoin (DOGE) has fallen over the past 24 hours. Since the bears have crossed below the moving averages, the selling pressure will continue to the downside. Today, the market has fallen to the low of $0.20 after retesting the high of 0.23. Further downside is possible to the lows of $0.165 or $0.18. The price of DOGE has already fallen into oversold territory. The altcoin will continue its upward movement if the market finds support above the low of $0.18.

Uniswap Resumes Downward After Retesting the $21 High

Source Node: https://coinidol.com/uniswap-21-high/
Time Stamp: September 25, 2021 8:12 AM - Modified On: September 25, 2021 - Published By:
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Republished By Plato

Sep 25, 2021 at 12:12 // News Uniswap's (UNI) price has continued to fall after dropping below its moving averages. Uniswap has fallen to the low of $18 and there is a tendency of further downward movement of the cryptocurrency. The price of UNI first broke the previous low at $21 and then retreated to retest it. The retest of the previous low suggests that the downward movement will continue. The altcoin will continue to fall to the low of $10. However, the cryptocurrency asset will first find support above