Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

Cryptocurrencies

“Bitcoin Price Drops Below $30K for the First Time Since January”

“Bitcoin dipped below the long-held support at $30,000 on Tuesday, hitting the lowest level since Jan. 28. The cryptocurrency traded at $29,700 shortly before press time, bringing the year-to-date gain down to just 3%, according to CoinDesk 20 data. The drop… Continue Reading…

Cryptocurrencies

“Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto”

“The cryptocurrency then took another leg higher above $40,000 on bullish comments by legendary investor Paul Tudor Jones. Bitcoin jumped 12.5% to $40,178 in 24 hours, according to Coinbase. The cryptocurrency started Sunday trading at just $34,880. Since the start of the year,… Continue Reading…

Cryptocurrencies

“Bitcoin’s slump opens the door to a tax loophole every investor needs to know”

“…If you’re a crypto investor down in the dumps, there’s a strategy you can use that might take some of the sting out of your recent losses. It’s called a “wash sale… Let’s say your Bitcoin investment lost you $50,000… Continue Reading…

Cryptocurrencies

“Dogecoin Cheers Coinbase Listing as Bitcoin’s Range Play Continues”

“…According to on-chain analyst Willy Woo, the cryptocurrency is trading well below its fair value. Thus, a price bounce cannot be ruled out. In contrast, JPMorgan analysts foresee another leg lower before stability and recovery. Bitcoin fell from $58,000 to nearly $30,000 in… Continue Reading…

Predictions, Opinions, & Comments

Long Term Investors Do NOT Sell Your Cryptocurrency!

I’m going to keep this short and sweet. Do not do this long term investors. You will be sorry later. Once you sell people who want bitcoin will buy it on discount. Do not panic sell because of a dip.… Continue Reading…

Cryptocurrencies

“Bitcoin plunges 30% to $30,000 at one point amid broad cryptocurrency sell-off”

“Bitcoin plunged to near $30,000 at one point on Wednesday morning, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency was down about 13% for the day shortly before noon ET at $37,490, according… Continue Reading…

Cryptocurrencies

“Bitcoin will eventually hit ‘$1 million a coin,’ CoinDesk editor predicts”

““Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is… Continue Reading…

Cryptocurrencies

“A second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies”

“The platform, Vebitcoin, said in a brief statement on its website that it has ceased all activities after facing financial strain and that it would update clients on the situation as soon as possible. Days earlier, Thodex, went offline with its CEO reportedly leaving… Continue Reading…

Cryptocurrencies

“Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week’s plunge”

“At around 3 p.m. London time, the price of the world’s most valuable digital currency climbed more than 8% to $53,757 a coin, according to data from Coin Metrics. Two smaller digital tokens, ether and XRP, rose 9% and 15% respectively. Last week, bitcoin slumped below… Continue Reading…