Buying

Bitcoin Trading Spikes as Argentina Bans Buying More Than $200 a Month

The last week was the third most lively for Argentine peso markets on Localbitcoins, as the national currency continues its devaluation against the U.S. dollar. Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary” As news outlets reported, […]

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More Downside in Bitcoin Before Conservative Buying Opportunity, Say Analysts

Bitcoin appears to be looking at a little more downside before it becomes a reasonable buy again, according to a pair of crypto industry commentators. Having recently rebounded from what most traders are considering the ultimate bottom of the 2018 bear market, we could be looking at a further drop then sideways trading for a […]

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Want Bitcoin to Moon? You’d Better Start Buying Stocks

It seems like a lifetime ago that the Bitcoin price grazed the $20,000 mark in late 2017, and bulls have been pining for a new breakneck rally ever since. According to Fundstart Global Advisors co-founder Tom Lee, the catalyst for BTC’s march to a new all-time high could come from an unlikely place: the stock […]

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‘Chinese Buying Up Bitcoin’ Narrative ‘Very Dubious’

The narrative that China is ‘buying up bitcoin’ is very dubious, according to a local investor and Primitive founder, Dovey Wan. However, as a foil to ‘moon BTC‘, she is behind it all the way. China Unlikely To Be ‘Loading Up’ On Bitcoin Bitcoin’s most recent rally, along with the seemingly synchronized devaluation of the […]

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When Buying Bitcoin Turns You Into a Trader

Coinspeaker When Buying Bitcoin Turns You Into a Trader For most of us, the image of a trader is someone sitting in a busy stock exchange, looking stressed out and sweaty or with their head in their hands as the market crashes. When Buying Bitcoin Turns You Into a Trader Continue reading at Coinspeaker

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Heads of Billion Dollar Institutions Are Buying Bitcoin: Crypto Investor

According to Anthony “Pomp” Pompliano, Bitcoin (BTC) is seeing inflows from the chief investment officers of some “multi-billion dollar institutions”. Related Reading: Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here’s Why While this is not direct investment from funds — be it family offices, hedge funds, pensions, venture funds, or […]

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Zimbabwe: People Are Still Buying Bitcoin to Shelter from Reckless Monetary Policy

According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government. Zimbabwe’s Monetary Policy Following the controversial decision of banning local trading in foreign currencies, including the US dollar, with immediate effect starting […]

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Bitcoin (BTC) Price Signaling Fresh Increase: Buying Dips Favored

Bitcoin price corrected lower recently and tested the $8,425 support against the US Dollar. The price bounced back and it is currently trading above the $8,600 resistance area. There was a break above a key bearish trend line with resistance at $8,690 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]

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Did the $41M Bitcoin Theft Create a Buying Opportunity for Binance Coin (BNB)?

Binance Token (BNB) has taken a significant due to the Binance Bitcoin hack but is the recent pullback an opportunity for buyers? BNB Maybe a Steal as Binance Reels Since topping out at $25.49 Binance Token (BNB) 00 has pulled back by nearly 27% and the fallout from last week’s Tether – Bitfinex scandal along […]

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Bernie Sanders’ Economic Policy Would Send Population Buying Bitcoin

By CCN: Hold onto your bitcoin. Stephanie Kelton, U.S. economist and senior economic advisor for Bernie Sanders 2020, just declared war on the U.S. dollar, tweeting: “The carpenter can’t run out of inches. The stadium can’t run out of points. The airline can’t run out of FF miles. And the USA can’t run out of […]

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Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong Buying Pressure

Summary: Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. At the moment, the bitcoin market is working on testing a third level, but is currently feeling out the strength of the supply and demand. We have […]

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Twitter CEO Is Buying $10,000 In Bitcoin Each Week: Why Is He So Optimistic?

Since hinting at his undying support for the crypto space in late-2017 and early-2018, Jack Dorsey has become somewhat of a mythical figure for Bitcoin holders the world over. But after going radio silent on the matter of Bitcoin (BTC) for a handful of months, the chief executive of both Twitter and Square has recently […]

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Could Bitcoin ETN’s Large Premium to BTC be a Sign of Institutional Buying?

Over the past year discussions of a Bitcoin ETF being approved by regulatory authorities in the US has dominated the news cycle and has even – on multiple occasions – impacted the markets. Many investors and analysts believe that the approval of a BTC ETF will lead to an influx of investors as it would […]

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Bitcoin Finds Little Buying Pressure at $3,400, Analyst Claims That BTC Is Likely to Drop Further

After an extended period of sideways trading in the mid-to-upper $3,400 region, Bitcoin (BTC) has failed to break through its nearest resistance level at $3,500, which has led the cryptocurrency to drop to its support level at $3,400. Although BTC has yet to break decisively below this level, one analyst believes that the lack of […]

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Altcoins Price Analysis: Every Dip a Buying Opportunity in XLM/USD and ADA/USD

After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price […]

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Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency

Wall Street strategy firm Fundstrat Global Advisors is among the mainstream financial industry’s biggest long-term cryptocurrency bulls. However, the firm is advising clients to hold off on buying more bitcoin — at least for right now. Writing in a recent note to clients, Fundstrat technical strategist Robert Sluymer said that investors seeking to increase their […]

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Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market

Bobby Cho, the global head of trading at Cumberland, a Chicago-based cryptocurrency trading company, has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the over-the-counter (OTC) market. While some cryptocurrency market data providers estimate the daily trading volume of Bitcoin to be around $4 billion, according […]

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EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis: Price not a Worry, Australians Are Buying In

A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is […]

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