Bitcoin and cryptocurrency fans have a reason to celebrate. From a technical analyst perspective, the bottom has been confirmed. What happens in the next few days becomes highly important for bitcoin and the cryptocurrency space. Luna 2.0 has been the talk of the crypto space in recent weeks. Well, news today states that Luna2 surges… Read More »Bitcoin bottom confirmed?
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Wellfield Technologies (WFLD.V) closed their acquisition of New Bit Ventures, a cryptocurrency exchange doing business as Coinmama, late last week. Based in Israel, Coinmama was founded in 2013 and has grown through sales of approximately $130 million in 2021 through the development of a global platform for buyers and sellers of digital currencies using everyday… Read More »Wellfield Technologies (WFLD.V) and Coinmama and the headwinds of change
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I am not too popular with the Bitcoin crowd after warning Bitcoin bulls that the crypto, and other cryptocurrencies, move as a RISK ON asset. For more on this, check out this article where I provide a real life case study of gold vs bitcoin pertaining to the Japanese Yen. Guess which asset Japanese money… Read More »Is Bitcoin heading below $30,000?
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I realize that this post might trigger some people, but I have no intention of further dividing people into team gold or team bitcoin. All I am trying to do is open and facilitate a discussion involving some critical thinking. All based on evidence that anybody can see by looking at the charts. In this… Read More »Hey bitcoin bulls! Is bitcoin really superior to gold? Then explain this!
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Usually trying to be all things for all people is a bad business strategy. Mostly it stretches your operation too thin. You might be really good at one or two things, and only so-so on others, but if you spread out to include all the operations you can manage, you can usually expect mediocrity across… Read More »Neptune Digital Assets (NDA.C) bucks the specialization trend
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It has been a wild few weeks for Bitcoin and cryptocurrency. From rumors of regulations, Bridgewater Associates investing in Bitcoin, to rumors of Russia perhaps accepting Bitcoin for energy payments. On the charts, Bitcoin has had 8 green days in a row from March 22nd to the 29th. Readers were given the heads up on… Read More »Bitcoin hits and drops at critical level. Here’s what comes next
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While many people would say the biggest news on Sunday was the Will Smith slap at the Oscars, I beg to differ. Maybe the contrarian in me. A major trigger occurred on the crypto markets. Bitcoin confirmed a breakout which sees a new uptrend begin. Last week on March 23rd 2022, I wrote an article… Read More »Bitcoin confirms breakout as Russia considers accepting BTC for energy
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