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Bitcoin Investing Made Simple!

Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker

Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for an interview with host Benjamin Pirus. During the conversation — which was recorded on Nov. 29 — Melker gave his opinion on numerous topics, including what he looks for on Bitcoin’s…
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Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high

Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on the day of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin bullish with Ustocks into FOMC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,126 on Bitstamp, beating the $18,106 high…
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Fonbnk’s Michael Kimani sorts out facts on crypto adoption in Africa

The African continent has been tipped as an important market for crypto adoption due to its young population, lousy economic management by governments and lack of efficient financial infrastructure to connect the continent internally and globally.  Adoption is becoming so widespread that celebrities do not want to get left out, with several big names in…
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Nasdaq warns Bitcoin mining firm Bitfarms about share price deficiency

The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter. Bitfarms received a warning notification from Nasdaq on Dec. 13 because the company’s share price has stayed below $1 for 30 consecutive working days. Announcing the news on Dec. 14, Bitfarms said that it…
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Alameda had ‘unfair’ trading advantage, special access to FTX funds: CFTC filing

Court filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an ‘unfair’ trading advantage as well as unprecedented access to user holdings on the cryptocurrency exchange. The United States Commodities Futures Trading Commission filed a complaint in the Southern District Court in New…
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Bitcoin bear market 70% dip kills BTC ‘tourists’ as metric screams buy

Bitcoin (BTC) speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite Decentrader flagged potential maximum risk-returns for BTC at current prices. Swift: “Euphoria destroyed” from Bitcoin bear market BTC/USD is around 70% below its last all-time highs, and…
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Crypto blame game back on US Senators’ menu following SBF arrest

The arrest of the former FTX CEO Sam Bankman-Fried (SBF) by the Bahamian authorities served as a cue for anti-crypto proponents to reignite discussions around the dangers of cryptocurrencies. While some political leaders blame the crypto ecosystem for SBF’s frauds, others find no point in blaming an entire industry for one man’s action. During an FTX hearing in front of…
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Bahamian securities regulator slams new FTX CEO over ‘misstatements’

The Securities Commission of Bahamas has slammed the current CEO of bankrupt crypto exchange FTX John J. Ray III for his statements regarding the ongoing investigation into FTX.  In a press release sent to Cointelegraph, the Bahaman regulator didn’t directly point toward the exact statements of the CEO, but addressed recent reports that suggest the…
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How to trade crypto using Wyckoff accumulation theory

On Dec. 2, independent market analyst Stockmoney Lizards said Bitcoin (BTC) had entered the process of bottoming out inside its current $15,500-$18,000 price range, citing Wyckoff Accumulation. Wyckoff Accumulation is a classic technical analysis setup, named after Richard Wyckoff, a technical analysis pioneer in the first half of the twentieth century, who broke down the…
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White House silent on whether it will return $5.2M in donations from SBF

White House press secretary, Karine Jean-Pierre, declined to answer questions from a reporter on whether United States president Joe Biden will return the $5.2 million in campaign donations previously given by FTX founder Sam Bankman-Fried. “Will the president return that donation?” Associated Press reporter Zeke Miller asked in a Dec. 13 press briefing, “does he…
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