1 million people will now be able to buy/sell Bitcoin on the share trading platform Public.com
The investing platform operated by Public Holdings Inc. is rolling out cryptocurrency trading, joining rivals such as Robinhood Markets Inc. in the digital-currency space.
The move marks an expansion for Public.com, which launched in 2019. Previously, individual investors who used the platform could trade only U.S.-listed stocks and exchange-traded funds. Unlike competitors including Robinhood, the company doesn’t allow options or margin trading, two strategies considered more risky for investors.
The investing platform operated by Public Holdings Inc. is rolling out cryptocurrency trading, joining rivals such as Robinhood Markets Inc. in the digital-currency space.
The move marks an expansion for Public.com, which launched in 2019. Previously, individual investors who used the platform could trade only U.S.-listed stocks and exchange-traded funds. Unlike competitors including Robinhood, the company doesn’t allow options or margin trading, two strategies considered more risky for investors.
US Senator CynthiaMLummis just announced that she bought Bitcoin in August. Senator Lummis buys Bitcoin up to $100,000 - in largest cryptocurrency purchase by a sitting lawmaker to date.
credit: @congresstrading
credit: @congresstrading
BTC update in 4 hours TF:
BTC has taken the market by surprise. Everyone was expecting a correction but it rather rallied higher.
BTC broke the previous resistance of $53k (which is now a strong support) and looks like it is trying to retest the $53k level. We might see a possible bounce from the $53k support level as we have the 21 MA reaching the same level.
This retest can also be the small correction but if it further breaks down the $53k support then we can expect BTC to reach $49k to $51k.
We a expecting something big to happen soon and whatever the situation will be, our team will be ready to provide the best and authentic updates.
So stay tuned.
BTC has taken the market by surprise. Everyone was expecting a correction but it rather rallied higher.
BTC broke the previous resistance of $53k (which is now a strong support) and looks like it is trying to retest the $53k level. We might see a possible bounce from the $53k support level as we have the 21 MA reaching the same level.
This retest can also be the small correction but if it further breaks down the $53k support then we can expect BTC to reach $49k to $51k.
We a expecting something big to happen soon and whatever the situation will be, our team will be ready to provide the best and authentic updates.
So stay tuned.
Pro Analysis
BTC update in 4 hours TF: BTC has taken the market by surprise. Everyone was expecting a correction but it rather rallied higher. BTC broke the previous resistance of $53k (which is now a strong support) and looks like it is trying to retest the $53k level.…
And it bounced. I hope you guys followed our previous chart.
If you are from Europe then you can buy your next car by paying through EGLD!
Autoworld becomes the first European car dealer to accept Elrond $EGLD and sell a car for $EGLD, marking another important milestone for the integration of the internet-scale economy into the automotive sector.
https://elrond.com/blog/autoworld-car-dealer-accepts-egld/
Autoworld becomes the first European car dealer to accept Elrond $EGLD and sell a car for $EGLD, marking another important milestone for the integration of the internet-scale economy into the automotive sector.
https://elrond.com/blog/autoworld-car-dealer-accepts-egld/
Multiversx
Buy Your Next Car With EGLD: Autoworld Becomes The First European Car Dealer To Accept EGLD Payments — The MultiversX Blog
Autoworld has become the first European car dealer to accept EGLD and make a sale using EGLD, marking another important milestone for the integration of the internet-scale economy into the automotive sector.
JPMorgan Says Institutional Investors Are Replacing Gold With Bitcoin
"Bitcoin's allure as an inflation hedge" is drawing institutional investors back to the crypto market, JPMorgan's Nikolaos Panigirtzoglou wrote in an Oct. 6 research note to clients.
Panigirtzoglou pointed to "The failure of gold to respond in recent weeks to heightened concerns over inflation" as a possible driver of the return to bitcoin.
"Bitcoin's allure as an inflation hedge" is drawing institutional investors back to the crypto market, JPMorgan's Nikolaos Panigirtzoglou wrote in an Oct. 6 research note to clients.
Panigirtzoglou pointed to "The failure of gold to respond in recent weeks to heightened concerns over inflation" as a possible driver of the return to bitcoin.
BTC update:
BTC is making a similar move here. According to our previous update, BTC bounced after the retest and it is still holding the levels.
Currently, we can see that BTC is maintaining the 21 MA support level and if it follows the previous momentum then BTC could easily reach $58k to $60k.
Keeping in mind that RSI is making a bearish divergence in 4 hours TF which happened before as well but things went bullish.
Will BTC turn out to be bullish again or will it fall bad?
If BTC breaks above the $56k level and the weekly close is above it then we can consider some bullish rally coming in but if it breaks below the 50 MA then things may turn bearish.
Altcoins are still in the no trade zone. So, stay on guard with your trades.
Stay tuned.
BTC is making a similar move here. According to our previous update, BTC bounced after the retest and it is still holding the levels.
Currently, we can see that BTC is maintaining the 21 MA support level and if it follows the previous momentum then BTC could easily reach $58k to $60k.
Keeping in mind that RSI is making a bearish divergence in 4 hours TF which happened before as well but things went bullish.
Will BTC turn out to be bullish again or will it fall bad?
If BTC breaks above the $56k level and the weekly close is above it then we can consider some bullish rally coming in but if it breaks below the 50 MA then things may turn bearish.
Altcoins are still in the no trade zone. So, stay on guard with your trades.
Stay tuned.
https://coingape.com/breaking-china-looking-to-formulate-laws-to-convict-crypto-behaviour/
The Chinese judiciary is now looking to formulate laws to convict and sentence crypto-related activities.
The Chinese judiciary is now looking to formulate laws to convict and sentence crypto-related activities.
Coingape
Breaking: China looking to Formulate Laws to Convict “Crypto Behaviour”
China's crackdown on cryptocurrencies doesn't seem to see an end as the Central Bank deemed all crypto transactions illegal at the start of the year. The s
Pro Analysis
BTC update: BTC is making a similar move here. According to our previous update, BTC bounced after the retest and it is still holding the levels. Currently, we can see that BTC is maintaining the 21 MA support level and if it follows the previous momentum…
BTC Quick Update:
BTC broke out as expected and currently retesting the 21 MA. It must hold this level to rally higher. A break down below 21 MA will possibly drop the price to the lower support which is ranging between $53700 to $54400.
We don't want this to happen but if BTC further drops below the above mentioned support levels then BTC could fall back to $51k, $49k, or even $47k.
The 4 hours candle will close after 3 hours and we expect a bounce from this level.
Stay vigilant with your trades if you guys have opened any.
BTC broke out as expected and currently retesting the 21 MA. It must hold this level to rally higher. A break down below 21 MA will possibly drop the price to the lower support which is ranging between $53700 to $54400.
We don't want this to happen but if BTC further drops below the above mentioned support levels then BTC could fall back to $51k, $49k, or even $47k.
The 4 hours candle will close after 3 hours and we expect a bounce from this level.
Stay vigilant with your trades if you guys have opened any.
Public bitcoin mining firms based in North America are holding more than 20,000 bitcoin, worth more than $1.1 billion.
Recently China bans Crypto mining and that's the biggest opportunity for bitcoin miners to capitalize around the world. One country’s ban is another country’s hash.
Data from Foundry USA, one of the largest mining pools in the world with 9-10% of hash rate, shows the United States has nearly a third of global hash rate with New York, Texas, Kentucky and Georgia amongst the top mining states in their mining pool.
Recently China bans Crypto mining and that's the biggest opportunity for bitcoin miners to capitalize around the world. One country’s ban is another country’s hash.
Data from Foundry USA, one of the largest mining pools in the world with 9-10% of hash rate, shows the United States has nearly a third of global hash rate with New York, Texas, Kentucky and Georgia amongst the top mining states in their mining pool.
Quick update on BTC price in 2 hours TF:
Well! Well! Well! What do we have here?
In our previous update we clearly mentioned that BTC was testing the 21 MA support level and breaking down below it will drop the price between $53700 to $54400 (where we had our support). Guess what, BTC dropped $53955, and bounced back hard.
The daily close was above $57k which was amazing.
Now, as the candle made some dramatic changes, it formed a new trendline and it shows that BTC has another resistance to break which is at $58700 to $59k. Once we break above it then $60k won't be far away.
A rejection from this level will show some downward consolidation.
Stay tuned for more quality updates.
Well! Well! Well! What do we have here?
In our previous update we clearly mentioned that BTC was testing the 21 MA support level and breaking down below it will drop the price between $53700 to $54400 (where we had our support). Guess what, BTC dropped $53955, and bounced back hard.
The daily close was above $57k which was amazing.
Now, as the candle made some dramatic changes, it formed a new trendline and it shows that BTC has another resistance to break which is at $58700 to $59k. Once we break above it then $60k won't be far away.
A rejection from this level will show some downward consolidation.
Stay tuned for more quality updates.
Pro Analysis
Quick update on BTC price in 2 hours TF: Well! Well! Well! What do we have here? In our previous update we clearly mentioned that BTC was testing the 21 MA support level and breaking down below it will drop the price between $53700 to $54400 (where we had…
BTC Update:
'And it's happening'...
Finally! BTC broke above the trendline which we mentioned in our previous post. $59400, that's the level BTC must hold on to carry it's rally towards $60k.
We were patiently been waiting for this moment and finally it's here.
We can expect BTC breaking it's ATH soon but we also need to keep in mind that there is a strong resistance here at $59k to $60k levels.
Stay tuned, guys.
'And it's happening'...
Finally! BTC broke above the trendline which we mentioned in our previous post. $59400, that's the level BTC must hold on to carry it's rally towards $60k.
We were patiently been waiting for this moment and finally it's here.
We can expect BTC breaking it's ATH soon but we also need to keep in mind that there is a strong resistance here at $59k to $60k levels.
Stay tuned, guys.