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Bitcoin Hasn’t Done This Since 2015 Before Its 10,000% Bull Run

Bitcoin price experienced a huge 20% surge in value last week, but one indicator suggests BTC could still be in a downtrend.

The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week's impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might seem like a no brainer to go long on Bitcoin to catch the next explosive move. To read more... https://cointelegraph.com/news/bitcoin-hasnt-done-this-since-2015-before-its-10-000-bull-run
Twitter accounts of Joe Biden, Barack Obama, Elon Musk, Bill Gates, and others apparently hacked

San Francisco(CNN Business) Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday and posted tweets that appeared to promote a cryptocurrency scam.
The accounts, along with those of former President Barack Obama, Kanye West, Kim Kardashian West, Warren Buffett, Jeff Bezos and Mike Bloomberg, posted similar tweets soliciting donations via Bitcoin to their verified profiles on Wednesday.
"Everyone is asking me to give back, and now is the time," Gates' tweet said, promising to double all payments to a Bitcoin address for the next 30 minutes.

Twitter's support account said: "We are aware of a security incident impacting accounts on Twitter. We are investigating and taking steps to fix it. We will update everyone shortly."
To read more...
https://www.cnn.com/2020/07/15/tech/twitter-hack-elon-musk-bill-gates/index.html
Welcome to DAILY. The most efficient news feed for smart Traders.
There is an old saying on Wall Street: buy the rumor, sell the news.

The adage is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive information and take profit, driving the market lower on confirmation of the news.

Bitcoin has rallied over 40% this month on expectations that the U.S. Securities and Exchange Commission (SEC) would approve an exchange-traded fund investing in futures contracts tied to the cryptocurrency.

With ProShares’ product live now on the New York Stock Exchange, there is a lot of noise in the market about the possibility of a sell-the-fact pullback in bitcoin.

Similar price action was seen earlier this year as bitcoin topped out at $64,801 when crypto exchange @Coinbase debuted its stock listing on Nasdaq on April 14. The cryptocurrency fell to $30,000 the following month.

Blockchain data supports the case for sell-the-fact action after the ETF listing. Analysts, however, stand divided on the issue.

https://www.coindesk.com/markets/2021/10/19/analysts-divided-on-prospects-of-sell-the-fact-move-as-bitcoin-etf-listing-nears
Facebook Finally Launches Digital Currency Wallet Novi but Senators Want to Close This Project — link
2025/10/19 16:45:40
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