Dollar Drop, Crypto Pop Reflects “Crazy People” Running The System

The last few months have seen the dollar dive and crypto thrive… Source: Bloomberg And the last few days have been no different… Source: Bloomberg With bitcoin helped overnight by the Koreans (the Kimchi premium tagged zero then soared)… Joe Lonsdale, Palantir co-founder explained succinctly why crypto is performing so well (and perhaps why the dollar…

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Will Crypto Weakness Push Silver Higher

Crypto down! Silver up? We think a growing forward trend is a combination of pressure on crypto currencies, particularly Bitcoin (Ethereum has software applications that work and becoming more popular so isn’t just a one trick pony like Bitcoin) with some of that flowing into precious metals, particularly silver. Why? If in fact there has…

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JP Morgan Launches Bitcoin Fund For Rich Clients After Years Of Bashing Crypto

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin waaaaay back during the heady crypto-rally of 2017 (shortly before we revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a Scandinavian ETN), teams of strategists employed by the bank have produced a steady stream of bearish reports warning its…

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How to Sell Bitcoin?

How to sell Bitcoin? If you have bought or received Bitcoin in other ways, you’re probably wondering how to change it to cash. Good news! It is rather easy as there are many different ways how you can go about it. How to sell Bitcoin? You can sell Bitcoins both online via exchanges and peer-to-peer platforms, and offline by…

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Tron, Synthetix, STEEM, FTX Token Price Analysis

By Saif Naqvi As market leaders Bitcoin and Ethereum moved deeper into the bearish zone, other altcoins registered losses and scrambled to find support at various levels. Tron hovered just above the $0.058-support, while FTT moved towards the $35-level. SNX continued its descent within a down channel, while STEEM cooled 0ff from its local high. Tron [TRX] Source: TRX/USD, TradingView…

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I Bought The Bitcoin Dip”…Now What?

What is Cryptocurrency? It is a form of digital money, in short. For the long answer, keep reading our “What is cryptocurrency” guide. More and more people and companies are starting to use it. Some of this money can be spent on the same goods and services we pay for with traditional “fiat” currencies –…

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“Digital Euro” as It Begins Experiments on Digital Currency Launch — the Banking Industry Is Very Concerned Digital Currency Will Kill the Banking Industry

As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the biggest overhaul in monetary and currency history is quietly taking place just behind the scenes. Just two weeks ago, Cleveland Fed president Loretta Mester hinted at just how close the US is to a comprehensive…

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The Worst Economic Crisis Anyone Has Ever Seen

We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts. Categorically, an economic recovery is a period of expansion, where we eventually exceed the previous peak in employment and output. There’s no such thing coming (anytime soon). It is very human…

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