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thepause · 4 years ago
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Bitcoin Stabilizes Around $46K After Selloff, Resistance at $50K
Bitcoin Stabilizes Around $46K After Selloff, Resistance at $50K
Bitcoin is stabilizing around the 200-day moving average at $46,000 after a sharp selloff Tuesday. The ​cryptocurrency has been down about 10% over the past 24 hours as sellers control the $50,000 resistance zone. Jeff Reed, Head of Institutional Sales at liquidy aggregator FINXFLO, discusses where bitcoin's heading next following what he calls a "healthy" pullback.
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thepause · 4 years ago
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Bitcoin in Pullback Mode; Is It Due for Lower Lows?
Bitcoin in Pullback Mode; Is It Due for Lower Lows?
Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses bitcoin's next move as the world's largest cryptocurrency by market cap is down about 3% over the past 24 hours as buyers continue to take profits. Plus, his take on Federal Reserve Chairman Jerome Powell speaking Friday as part of the Fed's annual Jackson Hole economic symposium and its potential impact on the crypto…
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thepause · 4 years ago
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eToro Exec: 'Crypto Is a Global Phenomenon'
eToro Exec: ‘Crypto Is a Global Phenomenon’
Bitcoin is up 50% over three weeks on the back of strong institutional and retail demand. eToro US Managing Director Guy Hirsch discusses his long-term bullish assessment of bitcoin despite some suggesting the U.S. Senate's $1 trillion infrastructure bill could be bearish for crypto. "Crypto is a global phenomenon," Hirsch said. "Even if the world's only superpower, the U.S., is taking some…
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thepause · 4 years ago
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Bitcoin Gaining Traction Amid ESG Concerns in Crypto Investment
Bitcoin Gaining Traction Amid ESG Concerns in Crypto Investment
Bitcoin’s environmental concerns could slow big investors’ push into the cryptocurrency, but the outlook for bitcoin is still incredibly positive, Arca CEO Rayne Steinberg suggests. "Further institutional adoption… are continuing the pace," Steinberg added. Plus, the impact of China's continued crypto crackdowns on mining and the wider crypto community.
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thepause · 4 years ago
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Coinbase's Public Listing Driving Crypto Interest to All-Time-Highs
Coinbase’s Public Listing Driving Crypto Interest to All-Time-Highs
It's a wild time in the crypto sphere. Coinbase's public listing pushed bitcoin to a new all-time high, but it's not the only cryptocurrency that's doing well in the current bull market. Jason Lau, COO of OKCoin, joins "First Mover" to talk about the altcoin rally and why he thinks investors are drawn to the alt market. Plus, his thoughts on the international crypto markets and the potential…
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