Why does Powell say that bitcoin is more related to gold than the dollar?

On Monday, us time, all three major U.S. stock indexes closed up, with the Dow Jones index and the S & P 500 index up 0.32% and 0.7% respectively, while the NASDAQ index gained the most, closing up 1.23%. Technology stocks led gains in the U.S. stock market on Monday, with tech leaders apple, Amazon … Continue reading “Why does Powell say that bitcoin is more related to gold than the dollar?”

Re understanding bitcoin: opening the door of mainstream financial world with value storage

According to wind data, from March 13 to 14, US Eastern time, bitcoin soared to US $60000, with a maximum of US $61800. However, it has recently dropped to a range of more than US $50000. With the soaring price of bitcoin and periodic adjustment, I believe many people will ask such questions: what is … Continue reading “Re understanding bitcoin: opening the door of mainstream financial world with value storage”

Anticipating bitcoin: looking for leading indicators in the encrypted world

In the market game, people always take pains to analyze and analyze the market from various angles. Just as the widely circulated sentence “history does not repeat its elf, but it often rhymes”, in order to keep up with the pace of the market, it is undoubtedly the most efficient way to refer to various … Continue reading “Anticipating bitcoin: looking for leading indicators in the encrypted world”

Why did Powell say that bitcoin broke the $53000 mark?

Source: Jinshi data download Sina Finance and economics app to understand the digital currency market. In fact, bitcoin continued the decline of last night in the Asian plate on Tuesday. As of 13:27, bitcoin fell nearly 1000 US dollars in the short-term, breaking the 53000 US dollar barrier. Bitcoin’s decline widened in US stock trading … Continue reading “Why did Powell say that bitcoin broke the $53000 mark?”

Bitcoin plummeted to 7.6 billion in one day

Bitcoin is still hot at the start of 2021 against the backdrop of rising global inflation expectations and rising US bond interest rates. The cryptocurrency broke many records this year and broke the $60000 mark in early March, klipc reported on Tuesday. However, after Powell’s “shelling” cryptocurrency, bitcoin fell rapidly in the early morning, falling … Continue reading “Bitcoin plummeted to 7.6 billion in one day”

Is bitcoin really so fragrant?

On March 18, the company said it had bought another $50 million cryptocurrency, with a cumulative purchase of nearly $90 million. The purchase of cryptocurrency was based on a cryptocurrency investment plan previously approved by the board of directors, under which cryptocurrency with a net value of no more than $100 million can be purchased. … Continue reading “Is bitcoin really so fragrant?”

Analysis providers report that the indicators on the chain indicate that the bitcoin (BTC) bull market is entering the late stage

In its March 22 “chain week” report, glassnode, an online analysis provider, noted that despite the accumulation of wallets with one BTC or less since March 2018, the number of bitcoin whales has decreased. “The continued accumulation of small retail investors shows that they are willing to maintain hodl through volatility, a trend that continues … Continue reading “Analysis providers report that the indicators on the chain indicate that the bitcoin (BTC) bull market is entering the late stage”

Bitcoin is hard to maintain due to a sharp drop in investor interest and a 7% drop in Powell’s words

Source: fx168 original title: [bitdaily] investors’ interest is greatly reduced, bitcoin is difficult to maintain, and Powell’s words plummeted by 7%, fx168 financial news (North America) reported on Monday (March 22) that bitcoin price dropped 7% to around $54000, trading volume was low, and foreign exchange inflow continued to decline. (source: coindesk) Alessandro Andreotti, an … Continue reading “Bitcoin is hard to maintain due to a sharp drop in investor interest and a 7% drop in Powell’s words”

Bitcoin’s price continued to fall as bulls and bears vied for bitcoin on March 23

Today is March 23, 2021, and it’s a pleasant time for market analysis. Let’s briefly review yesterday’s market. After the market broke the trend line yesterday, there was a rebound to lure and deceive the market. The highest price reached 58430 usdt, and then it continued to fall. At this time, the lowest price reached … Continue reading “Bitcoin’s price continued to fall as bulls and bears vied for bitcoin on March 23”

Cai Weide et al: the liquidity of bitcoin has been greater than that of pound sterling. If it returns to zero, how to measure the risk?

Foreword this is the tenth article in this series. The first article introduces the four scenarios in the IMF report [1], the second article analyzes these scenarios [2], and the third article discusses the fourth scenario in the report and the macro financial consequences [3], and studies the impact of digital currency on sovereign monetary … Continue reading “Cai Weide et al: the liquidity of bitcoin has been greater than that of pound sterling. If it returns to zero, how to measure the risk?”

Federal Reserve: bitcoin can’t replace the US dollar. Why can bitcoin, which has been repeatedly denied, rise?

Recently, with the rising price of bitcoin, the atmosphere of market speculation on bitcoin has become increasingly strong. The regulators in various countries have gradually been unable to bear the sharp rise in the price of bitcoin. Many regulators have begun to express their opinions. Recently, the Fed’s statement has attracted more attention. Powell directly … Continue reading “Federal Reserve: bitcoin can’t replace the US dollar. Why can bitcoin, which has been repeatedly denied, rise?”

3-link 23-hour special time interval

BTC: pancake fell below the $56000 mark in the early morning, and the decline further expanded until the early morning pancake stabilized and recovered around $53650. At present, the overall short trend has slowed down, and the market trend in the morning market has been slowing down, and the price has begun to fluctuate. At … Continue reading “3-link 23-hour special time interval”

The US White House urgently “refutes rumors”! The chairman of the Federal Reserve says that bitcoin has collapsed again

Source: Download Sina Financial app to learn more about digital currency market. Original title: heavy in the morning! The US White House urgently “refutes rumors”! The chairman of the Federal Reserve has said that bitcoin has collapsed again: 7.6 billion positions have been burst U.S. bond yields finally recovered at a high level. The three … Continue reading “The US White House urgently “refutes rumors”! The chairman of the Federal Reserve says that bitcoin has collapsed again”

Bitcoin is hard to maintain due to a sharp drop in investor interest and a 7% drop in Powell’s words

Fx168 financial news (North America) Monday (March 22), bitcoin prices fell 7% to around $54000, trading volume downturn, foreign exchange inflow continued to decline. (source: coindesk) Alessandro Andreotti, an OTC bitcoin broker, said: “there was not much volatility and the price has been stable at the $56000 to $58000 level.” According to glassnode, a blockchain … Continue reading “Bitcoin is hard to maintain due to a sharp drop in investor interest and a 7% drop in Powell’s words”

Bitcoin a big Yin line fell below the trend line, bulls still have hope

Cognition creates wealth, spirit creates faith. I am coach A. thank you for your continuous attention to my article. Please pay attention, like, comment and forward. Your growth is the driving force that we continue to share and my value lies in. Bitcoin always seems to be the same. Bitcoin always gives people a mug … Continue reading “Bitcoin a big Yin line fell below the trend line, bulls still have hope”

More than bitcoin. Tweets 15 years ago sold for $2.9 million: 20 letters in all

Bitcoin broke through $60000 last week, making the global digital money market extremely crazy. With more digital assets, a tweet from the CEO of twitter sold for $2.9 million. Previously, twitter co-founder and CEO Jack Dorsey announced the transfer of his first tweet. The original was published on March 21, 2006. The content is very … Continue reading “More than bitcoin. Tweets 15 years ago sold for $2.9 million: 20 letters in all”

Lira plummeted, bitcoin reached 100000 US dollars in Turkey!

The Turkish Lira fell sharply against the U.S. dollar on the 22nd, falling more than 15% at one time, the lowest falling to 8.485 lira to 1 dollar, close to the record low. Turkish President Recep Tayyip Erdogan ordered the removal of the hawkish central bank president Naji abar from his post on the 20th … Continue reading “Lira plummeted, bitcoin reached 100000 US dollars in Turkey!”

Gold vs bitcoin: essential differences determine different value propositions

At the beginning of 2021, bitcoin is still hot against the background of rising global inflation expectations and rising US bond interest rates. Some voices in the market believe that cryptocurrencies such as bitcoin are similar to gold and may even replace gold. But is that really the case? Let’s go back to the nature … Continue reading “Gold vs bitcoin: essential differences determine different value propositions”

Lira down, bitcoin in Turkey reached $100000!

The Turkish Lira fell sharply against the U.S. dollar on the 22nd, falling more than 15% at one time, the lowest falling to 8.485 lira to 1 dollar, close to the record low. Turkish President Recep Tayyip Erdogan ordered the removal of the hawkish central bank president Naji abar from his post on the 20th … Continue reading “Lira down, bitcoin in Turkey reached $100000!”