Bitcoin Weekly Review

[Vishnu]

Bitcoin Weekly Review


Billionaire investor George Soros’s $26 billion fund is planning to trade cryptocurrencies as per Bloomberg.In January Soros had described cryptocurrency is a "typical bubble."

Cryptocurrency exchange Coinbase is launching a vehicle for early-stage investments called Coinbase Ventures.

CoinGate, the Lithuania-based blockchain payment gateway-collaborated with an open-source e-commerce platform, PrestaShop based in Paris, France. This tie-up will allow many online merchants to accept digital currencies as a payment mode.

Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. This will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled.

Investor Jeffrey Gundlach said on Monday that bitcoin is proving to be the new stock market indicator and this is hardly just a "gut feeling" given the recent price movements.

The Securities and Exchange Commission (SEC) is considering a rule change that may allow bitcoin ETFs to be listed on exchanges. According to a document posted on the SEC website, the agency has begun the process to approve or disapprove a change in its rules that allows two bitcoin ETFs - Proshares Bitcoin ETFs and Proshares Short Bitcoin ETFs – to be listed on the NYSE Arca exchange.

According to Lee(Fundstrat’), “historical estimates are each $1 of USD outflow is $20-$25 impact on crypto market value.”

Lightning Network(LN)-The first user mobile wallet built for the Bitcoin’s was launched recently.Eclair wallet, released by technology startup ACINQ, is available for Android users from the Google Play Store.

Global financial services major Bank of America says that the greatest bubble in history is popping when bitcoin’s prices crashing below $7,000-mark.
Billionaire Shark Investor Mark Cuban said that he sees “gold and Bitcoin as being the same thing”. Based on his opinion, since neither Bitcoin or gold were viable forms of currency, they lacked sufficient utility to necessitate value.

[Orecoliage94]

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[Domicern]

Hey, guys do you trade Bitcoin or other cryptos? If so do you use a forex broker or lets say Binance? I bought some crypto via Luno and now I want to trade them.

[NiasVink]

Trading digital assets is an extremely risky craft. The price of cryptocurrencies is volatile, it can fluctuate by 10-20% per day, sometimes by 50% or more. You need to constantly analyze the market. Check out the 7 best stock trading books at https://patternswizard.com/best-stock-trading-books/.

[julia44]

Bitcoin is not a casino, yes its violatility is high, but still
But, rigth not the market is bearish so I am using this source to earn money
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[Foget]

Investing in bitcoin and other cryptocurrencies on the decline is unwise. If you want to trade bitcoin, then it is better to do it through brokerage companies for the purpose of speculation. And sometimes I trade crypto in ForexChief, but mostly I prefer classic currency pairs.

[OlenyaSraku]

It's interesting to see billionaire investor George Soros's fund jumping on board with trading cryptocurrencies, especially considering his past comments on the market.On top of that, the possibility of bitcoin ETFs being listed on exchanges and big developments for the industry. It'll be interesting to see how all of these updates and news pieces impact the market in the long run. As a side note, have you heard about the option for free GPU mining? It's definitely worth looking into if you're interested in getting involved with cryptocurrency mining.

[Mike34]

It's interesting to see billionaire investor George Soros's fund jumping on board with trading cryptocurrencies, especially considering his past comments on the market.On top of that, the possibility of bitcoin ETFs connections game being listed on exchanges and big developments for the industry. It'll be interesting to see how all of these updates and news pieces impact the market in the long run. As a side note, have you heard about the option for free GPU mining? It's definitely worth looking into if you're interested in getting involved with cryptocurrency mining.

I will consider adding to this

[optionborn]

Investing in bitcoin and other cryptocurrencies on the decline is unwise. If you want to trade bitcoin, then it is better to do it through brokerage companies for the purpose of speculation. And sometimes I trade crypto in ForexChief, but mostly I prefer classic currency pairs.dinosaur game

I agree that investing in bitcoin and other declining cryptocurrencies without a research team or a brokerage company is very risky. However, brokerage companies also charge very high percentages and cannot be 100% sure that we will profit. Besides, choosing a good brokerage company also takes a lot of time to learn.