Latest #cryptocurrency Posts
- Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good
Fundstrat Global Advisers co-founder Thomas Lee wrote that the recent #Bitcoin (BTC) pullback is healthy in a tweet on July 14.
In his tweet, Lee also addressed concerns over the recent decrease in Google searches for Bitcoin: “As for the search traffic for bitcoin being low, I also think that is a good sign. It means the rise in Bitcoin has not been accompanied by massive hype.”
According to search analytics service Google Trends, Google searches for Bitcoin from within the United States have decreased by about 45% since their recent peak at the end of June.
The CEO of major #cryptocurrency exchange Binance, Changpeng Zhao, said in an interview with Bloomberg on July 12 that the recent rally has been mostly driven by retail investors, who still account for about 60% of total #trading volume. Zhao said: “We have not seen institutions growing faster. [...] What we’ve seen is pickup in both places. The number of institutions coming into this industry has not increased that tremendously in 2019 yet.”
Bloomberg also suggests that margin trading is another catalyst for the recent growth. As
On July 11, #Binance has rolled out margin trading features, allowing traders to use their existing balances as collateral to open both long and short positions on #crypto assets. Zhao commented: “I would say the majority of people by the end of the year will be using margin in some capacity. [...] It’s quite safe to use to be honest. There will be more trading volume and potentially higher volatility.” At the end of June, Thomas Lee suggested that Bitcoin’s volatility makes a long-term approach toward it more appropriate for most traders.
#bitcoin #btc #eth #ltc #xrp #ripple #dash #xvg #xlm #ada #Cardano #binance #BITMEX #Google #cripto
- If you love music and want to earn Crypto just by listening to music, this one is for you.
Introducing Bitrad, a platform where you can earn money just by listening to music, streaming videos from YouTube or Twitch.
You will receive BRO coins when you stream using this platform. You can either stake your coins or run a MasterNode and earn some good passive income.
Over 30000 stations to choose from and in multiple languages. Get started today by clicking the link below- https://bitrad.io/?ref=1762
#cryptolife #cryptocurrency #radio #onlinemusic #altcoins #blockchain #music #youtube #twitch #btc #cryptocurrencynews
Top #cryptocurrency Posts
- Doing maintenance in 48c mining farm 😅🤒
- Je kijkt oh zo zuur naar m’n haute couture 😏 #bitcoin
- When your energy vibrates at a frequency that is within direct alignment with what the universe has been attempting to deliver your entire life, you begin to live in the flow and true miracles start to happen🧖🏽♂️🌍.
Where and how I found freedom - video link in story 🕊.