Auto Added by WPeMatico

Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist 

Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s…

Continue ReadingBitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist 

Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto…

Continue ReadingPeter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5%…

Continue ReadingMarket Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on…

Continue ReadingSeveral 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described…

Continue ReadingTrump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

Robert Kiyosaki Declares Market Crash Has Arrived — ‘Losses Are Substantial’

Rich Dad Poor Dad author Robert Kiyosaki has declared that the stock market crash has arrived and “losses are substantial.” He stressed that the crash presents a lucrative opportunity for…

Continue ReadingRobert Kiyosaki Declares Market Crash Has Arrived — ‘Losses Are Substantial’