Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Down 70% from the peak. This is just not fun anymore. Bitcoin dropped to $5,860 at the moment, below $6,000 for the first time since October 29, 2017. It has plummeted 70% in six months from …
Bitcoin has a special place in the hearts and minds of cryptocurrency investors across the globe but with recent price fluctuations, it’s certainly been playing on their nerves too. With news of platform hacks, price crashes and other concerns surrounding …
by Adam Taggart I cautioned back in December that Bitcoin and the crypto complex at large were likely caught up in a massive speculative bubble, perhaps the most aggressive one in all of history. If indeed the case, we could expect a retracement …
by stockboardasset Glancing over the chartbook this evening, we are taking a look at Bitcoin BTC/USD (weekly) rejecting a 50sma and nearing a low volume node probe. As long as the 50sma 7,894 level is rejected, there is a downside imbalance risk …
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by Thinker Lynette Zang Interviews Gerald Celente on why he does this work, and how you can protect your future wealth right now. They discuss everything from the US economy, stock markets, central banks, bitcoin, governments, global currencies, gold and …
by Thinker Bargain electric rates are attracting digital currency entrepreneurs, but three public utilities districts are reassessing how they deal with the surging demand, and whether they should even try to keep up. Residential customers, meanwhile, worry that their rates …
BY SRSROCCO There seems to be a lot of misinformation being peddled on the internet about gold and bitcoin. One major misconception is the notion that bitcoin will replace gold as a monetary instrument. Some analysts, once stanch precious metals …
https://twitter.com/OccupyWisdom/status/996156953964445696 https://twitter.com/OccupyWisdom/status/997008819678007297 Bitcoin is a RISK ASSET that is correlated, and a leading indicator for #equities. It is not #money and doesn’t behave like money. Check out the tight correlation to the #SP500 leading the rallies and declines. Especially after …
https://twitter.com/OccupyWisdom/status/995884287835693056 https://twitter.com/OccupyWisdom/status/995873494406717446
via Global Intel Hub: 5/12/2018 — Bitcoin is now the talk of the town (Wall St.) and yet we don’t know who created it. There’s lots of theories, but we haven’t seen any documented evidence. Having experience in this business looking …
by Tom McClellan Back in January, I introduced readers to the revelation that all throughout 2017, the DJIA had been following in the footsteps of Bitcoin prices, with a lag time of about 8 weeks (56 calendar days). And it continues …
This is huge! “Users of Huawei Technologies Co.’s mobile phones will be able to download Bitcoin wallets on their devices for the first time starting Friday. Huawei, the world’s third-biggest handset maker, is releasing BTC.com’s Bitcoin wallet in its AppGallery, …
By Harry Dent So, what do you think will happen from here with bitcoin? We’ve already seen a massive crash, and the cryptocurrency seems stuck around the $8,000 mark, after reaching $6,630 recently. But I don’t think this crash is done. …
by Fabius Maximus Summary: Bitcoin and its cousins are the latest symptom of the cancerous growth of our financial system. Once useful markets have become casinos. Now we are literally burning resources to create nothing of value to society. But we …
Amazon’s latest patent aims to combine data from various sources to identify cryptocurrency users for subscribers including the taxman and cops. Amazon, the online retail and technology giant owned by billionaire Jeff Bezos, won a patent in the US for …
Josh Sigurdson does another Freedom Minute update, this time on the recent finding of a survey by Credit Karma showing that only 0.04% of Bitcoin users actually reported their gains or losses to the IRS. 100 out of 250,000 filers. …
by Thinker In this video, Luke gives you the latest breaking news in Harare, Zimbabwe with Jeff Berwick of The Dollar Vigilante. We cover the white farmers, bitcoin cryptocurrency community, the soft coup against Mugabe, the real social economic situation …
from Zero Hedge A Reddit user who was “surprised” to learn he owed the IRS roughly $50,000 from his crypto-trading profits – money that he had not set aside when he cashed out his bitcoins at the height of the boom …
#Bitcoin has bust, #FANG stocks are FUBAR, but #SNB stock keeps accelerating. Watch the real bubble in fin mkts. https://t.co/Dji9StIG7a pic.twitter.com/QVwJ9CDO9p — Holger Zschaepitz (@Schuldensuehner) April 2, 2018 Tesla bonds keep falling. pic.twitter.com/sdcZaGDRWc — Lisa Abramowicz (@lisaabramowicz1) April 2, 2018 …
via SCHIFFGOLD Twitter has announced a ban on cryptocurrency ads. The social media company’s announcement is more bad news in what has turned into several bad months for cryptocurrencies. After a meteoric rise that sent Bitcoin above $20,000, the crypto has …
by Kimble Charting CLICK ON CHART TO ENLARGE Above looks at Bitcoin on a monthly and weekly basis. In the left chart, Bitcoin Monthly has spent the majority of the past 5-years inside of rising channel (1). It hit the top of the …
By TIMP Staff (Dash Force News) The famous NSA whistle blower, Edward Snowden, thinks Bitcoin’s open and public ledger will ultimately be the downfall of Bitcoin. Snowden said that “[e]verbody is focused on the transaction rate limitations of bitcoin being its central …
by Dave Here’s a fun chart which appears to show how you scalp a quick 5% from the unwary in bitcoin. My guess: some actor out there knows what the various bitcoin trading bots like to do – most likely, …
by Brandon Smith of Alt-Market EDITOR’S NOTE: I have been warning readers about the complete lack of anonymity in Bitcoin and ANY other crypto system that uses the internet as a trade medium for years. In that time I have witnessed some highly aggressive …
https://www.youtube.com/watch?v=tAMQOpS5tbs Near the top of the list of things Wall Street can’t stand is rising interest rates. That’s even more true now, with the Federal Reserve once again expected to hike rates after cutting them to zero in 2008, then …
Josh Sigurdson breaks down the recent news surrounding the cryptocurrency ICO ad ban on Facebook, Google and Twitter. Of course we’ve seen a bear market recently and news that negatively affects the crypto market is going to further cause dips. …
This week: Did the Bitcoin peak signal a top in the stock market? If you keep “buying the dips” maybe you’re the dip. Gross, Gundlach, Druckenmiller, & Singer say avoid buying the current dips. Bloomberg called March 4 the “end …
https://www.youtube.com/watch?v=AK0Gdz7AzSA
by Jim Rickards via Daily Reckoning I’ve warned repeatedly that government regulators would be putting the squeeze on bitcoin and other cryptocurrencies. Well, the noose just got tighter. The Securities and Exchange Commission (SEC) announced yesterday that bitcoin and many other cryptocurrencies meet …