IT Giant TCS Launches Smart Solution For Cryptocurrency Trading
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- July 8, 2020
Over the previous week, institutional traders poured about $89 million into Bitcoin (BTC) funds, despite a market-wide sell-off in major crypto assets. However, the money men were unsuccessful in banning Ethereum (ETH) investment products, which resulted in $15.2 million in withdrawals. Despite the fact that Bitcoin network activity was down 30% from its ATH levels
READ MOREPlanB, the anonymous Twitter pseudonym behind the popular stock-to-flow model and its variants, recently made another somewhat optimistic prediction about the price trajectory of Bitcoin. The expert predicted that the principal cryptocurrency would achieve a six-digit price tag by the end of 2023 using both the S2F and the logarithmic regression. PlanB later revealed that
READ MOREFollowing a bombardment of escalating political pressure from all sides that culminated in GoFundMe axing their “Freedom Convoy Campaign,” truckers opposing the COVID-19 vaccine mandate in Canada have moved to Bitcoin-based crowdsourcing platform Tallycoin. On Feb. 4, GoFundMe suspended the campaign and $9 million in donations in reaction to accusations of violence. Of course, which
READ MOREIn a recent tweet, veteran trader Peter Brandt suggested that it might be time to buy Bitcoin. Brandt feels that market sentiment has shifted too far to the gloomy side, and that the cryptocurrency will likely rise. One of the most prominent contrarian investing strategies is buying assets when the market is scared. On the
READ MORETraders removed about $3 billion worth of Bitcoins off controlled exchanges as the first cryptocurrency’s price soared to $39,000 after the Federal Reserve kept the country’s key rate steady. However, while some traders and investors were relieved to see Bitcoin approaching $40,000, the presence of extra financial dangers on the market. Also, as Jerome Powell’s
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