Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke

Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.”   Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...

BTC/USD Battles Back Above 30447: Sally Ho’s Technical Analysis 17 May 2022 BTC

Bitcoin (BTC/USD) attempted to add to recent gains early in the Asian session as the pair moved back above the 50-bar, 4-hourly simple moving average and 200-hour simple moving average for the first t...

BTC/USD Eyeing 32200 as Short-Term Challenge: Sally Ho’s Technical Analysis 16 May 2022 BTC

Bitcoin (BTC/USD) attempted to add to marginal gains early in the Asian session as the pair glided higher to the 30437 area after recently trading as low as the 25338.53 area, its weakest print since ...

BTC/USD Still In Danger! Bitcoin Price Is Heading Towards This Level – Coinpedia – Fintech & Cryptocurreny News Media

It appears that the Bitcoin bears are actively regaining power, as BTC/USD is set to suffer new losses. At $28,564, the first digital asset may correct below the previous support. BTC/USD is trading a...

Bitcoin and Ether Prices Drop in Weekend Slump

Text size Bitcoin has lost 58% since its November 2021 peak near $69,000. Dreamstime Cryptocurrency investors are getting no rest on Saturday, as digital assets resumed their decline after a midweek r...

Crypto investor Barry Silbert offers sympathy and advice to those who have lost fortunes this week

Billionaire crypto investor, Barry Silbert, the founder and CEO of Digital Currency Group, on Saturday offered sympathy and advice to those who have lost fortunes recently. It’s been a tough six month...

BTC/USD Orbiting 30000 Figure in Sideways Action: Sally Ho’s Technical Analysis 15 May 2022 BTC

Bitcoin (BTC/USD) looked for fresh technical sentiment early in the Asian session as the pair continued to orbit the psychologically-important 30000 figure after trading as low as the 25338.53 area, i...

Stocks Nearly Entered a Bear Market. What History Says Happens Next.

Text size Everything in the markets seemed on the verge of collapse this week. NYSE It’s the moment of truth for stocks—and investors might not enjoy what comes next. For a moment this past week, the ...

BTC/USD Technicians Eyeing 29928: Sally Ho’s Technical Analysis 14 May 2022 BTC

Bitcoin (BTC/USD) remained extremely pressured early in the Asian session as the pair struggled to test the psychologically-important 30000 figure after traded as low as the 25338.53 area, its weakest...

BTC/USD Spirals as Major Stops Triggered: Sally Ho’s Technical Analysis 13 May 2022 BTC

Bitcoin (BTC/USD) worked to claw back acute losses early in the Asian session as the pair recently traded as low as the 25338.53 area, its weakest print since the last few trading sessions of 2020.  S...

Bitcoin Is Finally Breaking. Why That’s Good News for the Stock Market.

Text size Bitcoin, Ether, and other cryptos have plunged in the past week. Stocks have suffered, too. Dreamstime A cryptocurrency crash has already wiped out $600 billion in digital asset market value...

BTC/USD Orbits 30000 Figure in Ongoing Rout: Sally Ho’s Technical Analysis 12 May 2022 BTC

Bitcoin (BTC/USD) remained near ten-month lows early in the Asian session as the pair orbited the 30000 figure after recently trading as low as the 29735.05 area.   Stops were recently elected below s...

BTC/USD Sharply Sinks to Lowest Level Since July: Sally Ho’s Technical Analysis 11 May 2022 BTC

Bitcoin (BTC/USD) extended its recent sharp slide early in the Asian session as the pair depreciated to its weakest level since July 2021, trading as low as the 29735.05 area.  Stops were elected belo...

Coinbase Earnings Reveal Large Loss, Sink Stock

Text size Coinbase reported a loss of $1.98 a share on sales of $1.165 billion. Michael Nagle/Bloomberg Coinbase Global stock was tumbling after the Bitcoin broker reported a larger-than-expected loss...

Retirees Face a Whirlwind Market. Here’s What Advisors Say They Should Do.

Given market conditions, retirees can be forgiven if they feel that investing right now is akin to running with scissors. Risks and uncertainties abound: spiking inflation, Federal Reserve rate hikes ...

Coinbase shares plunge almost 80% from November high, amid selloffs of crypto stocks and funds

Shares of crypto-related companies and funds ended sharply lower Monday, with Coinbase’s shares finishing at the lowest level in history, as both bitcoin and major U.S. stock indexes finished at multi...

BTC/USD Probing 2022 Lows: Sally Ho’s Technical Analysis 10 May 2022 BTC

Bitcoin (BTC/USD) encountered additional downward pressure early in the Asian session as the pair recently traded as low as the 32635 area, representing a test of the 61.8% retracement of the apprecia...

Bitcoin Keeps Plunging With No Sign of Stopping. Where the Bottom May Be.

Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic ba...

BTC/USD Bears Remain in Control Below 36000: Sally Ho’s Technical Analysis 9 May 2022 BTC

Bitcoin (BTC/USD) continued to suffer from bearish technical sentiment early in the Asian session as the pair remained given well below the 37000 figure after recently collapsing from the 40038 area a...

BTC/USD Probing Multi-Month Lows: Sally Ho’s Technical Analysis 8 May 2022 BTC

Bitcoin (BTC/USD) extended its recent run of downward price pressure early in the Asian session as the pair weakened to its lowest print since late February.  BTC/USD bears knocked the pair as low as ...

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.

Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move t...

BTC/USD Sputtering Below 40000: Sally Ho’s Technical Analysis 7 May 2022 BTC

Bitcoin (BTC/USD) continued to suffer from weak technical sentiment early in the Asian session as the pair continued to languish well below the psychologically-important 40000 figure following acute s...

BTC/USD Tests Resistance Above 40000: Sally Ho’s Technical Analysis 6 May 2022 BTC

Bitcoin (BTC/USD) attempted to retain some of its recent gains early in the Asian session as the pair continued to react after trading as high as the 40038.27 area, representing a test of the 78.6% re...

BTC/USD Plumbs Further Lows: Sally Ho’s Technical Analysis 5 May 2022 BTC

Bitcoin (BTC/USD) extended its recent downward pressure early in the Asian session as the pair recently printed as low as the 37505.01 area before staging a minor recovery.  Significant Stops were ele...

BTC/USD Weakness Dominated by Short-Term Technicals: Sally Ho’s Technical Analysis 4 May 2022 BTC

Bitcoin (BTC/USD) encountered negative technical sentiment early in the Asian session as the pair was dominated by selling pressure related to recent relative highs including the 40817.16, 40400, and ...

BTC/USD Tests 38748 Technical Resistance: Sally Ho’s Technical Analysis 3 May 2022 BTC

Bitcoin (BTC/USD) sought to reverse recent weakness early in the Asian session as the pair added to upward price pressure that originated after trading as low as the 37401 area, its weakest print sinc...

BTC/USD Gives Back 17.3% in April: Sally Ho’s Technical Analysis 2 May 2022 BTC

Bitcoin (BTC/USD) extended its recent weakness early in the Asian session as the pair traded at its lowest level since mid-March, with selling pressure that knocked it as low as the 37401 area in the ...

‘Just say no’ to bitcoin, says Berkshire Hathaway’s Charlie Munger

Berkshire Hathaway vice chairman Charlie Munger had some advice for a young attendee at Berkshire’s annual meeting on Saturday. “When you have your own retirement account, and your friendl...

BTC/USD Fades Below 39258: Sally Ho’s Technical Analysis 1 May 2022 BTC

Bitcoin (BTC/USD) was pressured by negative technical sentiment early in the Asian session as the pair continued to experience resistance around the 39258 area, representing the 38.2% retracement of t...

BTC/USD Action Dominated by Technicals: Sally Ho’s Technical Analysis 30 April 2022 BTC

Bitcoin (BTC/USD) continued to be dominated by technicals early in the Asian session as the pair recently peaked around the 40400 area, representing a test of the 50% retracement of the recent depreci...

BTC/USD Finds Technical Support Above 38435: Sally Ho’s Technical Analysis 29 April 2022 BTC

Bitcoin (BTC/USD) attempted to add to intraweek gains early in the Asian session as the pair looked to gain more of a foothold above the 38500 area following bids that emerged around the 37700 area ea...

BTC/USD Plumbs New Lows Below 40000: Sally Ho’s Technical Analysis 28 April 2022 BTC

Bitcoin (BTC/USD) extended its recent weakness early in the Asian session as the pair continued to fade below the 40000 figure after peaking around the 40817.16 area, representing a test of the 50% re...