The founder and CEO of BKCM, Brian Kelly has said the crash in Bitcoin (BTC) and other cryptocurrencies is nothing to be afraid of adding that the market will soon recover. According to Brian, the crash was triggered by the upcoming Bitcoin Cash hard Fork which is scheduled to take place today 15 November 2018 at about 16:40 UTC. Brian added that the low volatility of the … [Read more...] about Brian Kelly blames Bitcoin Crash on Bitcoin Hash Fork, says it will be over soon
Setting The Stage Imagine a courtroom and Bitcoin making its way to the podium. Seated on the left side of the room are the bullish advocates; opposite to them are the bearish advocates. As Bitcoin passes the barrier and takes a seat, the SEC stares at it. Bitcoin sits their patiently twiddling its fingers and notices something interesting at the corner of the room; in … [Read more...] about The Case for The Bitcoin ETF
Its Thursday evening and you are back at it again staring at the charts. You are sitting there pondering to yourself, why is the price dropping again and why did I go all in at $15,000. At the time of this post, Bitcoin is sitting around the $6,100 range. Your initial plan of action is to cut your losses before your entire life savings vanishes into thin air. That means you are … [Read more...] about Beyond the Static in the Cryptocurrency and Blockchain Realm
There is a constant struggle in any investment market between the bulls, a term associated with a rising market, and the bears, a term associated with a declining market. When bears flock to a market, it can mean one thing: it is on its way down. In these types of markets, it is hard to turn a profit. As a result, many bears engage in short selling. These types of markets are … [Read more...] about Did the Bears Leave Bitcoin?
Dave Carlson recently wanted to borrow about $1 million to fund operating expenses at Giga Watt, his cryptocurrency-mining operation based in East Wenatchee, Wash. The mining, which generates new units of cryptocurrency using specialized computers, requires vast amounts of electricity; Carlson said he spends about $250,000 a month on power. He could have exchanged some of his … [Read more...] about This Company Helps Bitcoin Millionaires Unleash Their Fortunes