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Bitcoin Is Not Dead, It’s Just Been “Boring” Lately, This Trader Says

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Bitcoin has been labeled with different kinds of names: Fake, misleading, confusing, and pointless. Despite these tags, many will agree that the crypto is never lifeless.

Bitcoin’s price has been surprisingly lethargic over the previous few days, bouncing just above and then below the $ 20,000 threshold. Since June, it has been unable to significantly surpass this level.

Trading below the critical $ 20,000 barrier, the largest digital currency is now outside of the $ 20,000 to $ 25,000 zone in which it has languished for the majority of the summer, following a massive liquidation in mid-June that pushed BTC down from $ 30,000 to $ 20,000.  Read more...

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Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

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  Are you struggling to make money trading bitcoin on a consistent basis? If you answered with a resounding “Yes!” you are not alone. Despite what they might claim on Twitter, virtually everyone fails at trading. One study found that 96 percent of forex traders lose money and quit in disgust, and it’s likely that active crypto […]

The post Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works appeared first on CCN Markets

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Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’

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It’s a tough day to be trading crypto, it seems, with at least one Bitcoin trader comparing the $ 185 billion cryptocurrency’s price charts to a “penny stock.” Garbage trading right now. Scalped a few profitable trades but it’s mostly just whales pumping and dumping. Neutral for now, but death cross on 4 hour looming. Order […]

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Crypto Trader Predicts Nearing Alt Season as Bitcoin Dominance Weakens

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An alt season (altcoin season) is something that virtually all crypto traders look forward to. It is a time where all cryptocurrencies other than bitcoin exponentially grow in value. From large caps to small caps, these digital coins can rise anywhere by 2x to 100x. If you’re finding the previous statement difficult to believe, that’s […]

The post Crypto Trader Predicts Nearing Alt Season as Bitcoin Dominance Weakens appeared first on CCN Markets

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$16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July

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Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes […]

The post $ 16,000: Crypto Trader Screams Bullish Green Bitcoin Price in July appeared first on CCN Markets

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Crypto Trader Warns of 40% Bitcoin Price Drop Before Monster Bull Run

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Bitcoin was on a massive tear and the parabolic run was unstoppable as the crypto reached $ 13,000. It has declined since but is up on the weekly timeframe. While many long-term investors are euphoric over this juggernaut ascent, some experienced traders are starting to feel anxious. The trend reversal is so strong that a significant […]

The post Crypto Trader Warns of 40% Bitcoin Price Drop Before Monster Bull Run appeared first on CCN Markets

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Ethereum Could Soar to $900, Predicts Popular Elliott Wave Trader

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Bitcoin’s jaw-dropping run over the last few weeks has made many people euphoric. Some are starting to predict that the leading cryptocurrency will hit $ 60,000 in this bull cycle. Claims like this often signal that a local top is in. If that’s the case, those who took profits at current levels might move their capital […]

The post Ethereum Could Soar to $ 900, Predicts Popular Elliott Wave Trader appeared first on CCN Markets

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Bitcoin Price Can Shatter $60,000 This Bull Cycle, Claims Crypto Trader

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By CCN Markets: The red hot bitcoin price rally isn’t showing any signs of stopping. The flagship cryptocurrency has touched the $ 11,000 mark once again and there’s ever-growing chorus that it will keep flying higher. Crypto trader Josh Rager is one of those bulls calling for a rapid rise in bitcoin prices from here onward. He has made a really bold prediction that will be music to the ears of bitcoin enthusiasts, who have endured a volatile journey over the past year but are now reaping the reward of stacking Sats. Bitcoin price to go all the way to $ 60,000:  Read more...

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This App Teaches You How to Become a Bitcoin Cash Trader

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App Teaches Beginners How to Become Bitcoin Cash Traders

If you are new to the crypto space and want to learn more about trading there’s a useful app that focuses on one of the most popular cryptocurrencies. Bitcoin Cash: Online Course gives you the basics and explains in detail the instruments that any successful trader should be using such as fundamental and technical analyses.

Also read: How to Create a Bitcoin Cash Wallet With Cashaddress  Read more...

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Bitcoin Trader Sentenced to Two-Year Prison Term

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Handcuffs

Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $ 800,000 “for operating an unlicensed money transmitting business.”

The U.S. Department of Justice (DOJ) announced the conclusion of this case on its official website, claiming that Campos had already been in custody without bail for eight months prior to this verdict. He entered a guilty plea in late October, the DOJ stated, “admitting that he operated a Bitcoin exchange without registering with the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury, and without implementing the required anti-money laundering safeguards.”  Read more...

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Florida Bitcoin Trader Faces Felony Charges for Selling Crypto to Undercover Police

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It’s a case of police entrapment that goes beyond the pale. After a ruling Wednesday by the U.S. Third District Court of appeals, a Florida man will have to face a trial by jury over felony charges in Miami for selling bitcoin to undercover police. Felony Charges for a Victimless Crime? “Espinoza’s bitcoins-for-cash business requires him to register as a payment instrument seller and money transmitter” under Florida financial statutes, the court ruled Wednesday, adding that he was “not merely selling his own personal bitcoins, he was marketing a business.” Now he’ll face serious felony charges for money laundering as  Read more...

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Why This Crypto Trader Believes the Bitcoin Price Will Rally in May

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By CCN.com: In the last 24 hours, seemingly unaffected by the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has remained stable at $ 3,500. Based on the relatively strong performance of major crypto assets, it is likely that many investors generally considered the probability of a

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Anonymous Trader That Can Gain $175 Million From S&P 500 Bet Was Not “Doing a Buffett”

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Was the anonymous trader who “caused a stir” in the U.S. equity options market on Monday with a massive bet–– Doing a Buffett?” Saqib Iqbal Ahmed asks at Reuters Business News, pointing out: ‘The trader sold 19,000 put options on the S&P 500 Index. SPX obligating him or her to buy the market benchmark at

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Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off

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The bitcoin price will crater below $ 3,000 amid a mass sell-off. That’s what futures trader Anthony Grisanti predicts about the ongoing Crypto Winter. “I’m looking for a move down to $ 3,000, which would represent a real weakness in this market,” Grisanti told CNBC. “It could be the driver that gets people to bail out of this and

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Trader: Bitcoin May See Long-Lasting Stability Throughout ‘Boring’ 2019

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Over the past 24 hours, the cryptocurrency market has seen its valuation drop from $ 135 billion to $ 130 billion, as the Bitcoin price dropped below the $ 3,800 mark. On January 2, the dominant cryptocurrency eyed a breakout above the $ 4,000 resistance level, but it struggled to increase further from $ 3,912, retracing to $ 3,780. Boring Year

The post Trader: Bitcoin May See Long-Lasting Stability Throughout ‘Boring’ 2019 appeared first on CCN

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Bitcoin Trader Arrested in Philippines for Murdering Girlfriend, Dumping Body in River

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An American bitcoin trader has been arrested in the Philippines for allegedly killing his girlfriend and dumping her body in a river. Well-known bitcoin trader and Californian native Troy Woody Jr. was arrested together with Brooklyn native Mir Islam over the murder of Tomi Michelle Masters, according to the Daily Mail. The two are accused

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Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level

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Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $ 19,500 to $ 3,500, said that the dominant cryptocurrency could be in trouble if it does not escape the $ 5,000 to $ 6,000 range in the short-term. Dow, who made headlines earlier this month for exiting his short position on Bitcoin, said that the

The post Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level appeared first on CCN

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Bitcoin Trader Drugged, Beaten, & Tortured in South Africa

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A Bitcoin trader from Lanseria in South Africa narrowly escaped death after being drugged, beaten, and tortured by suspected kidnappers. Narrating his near-death experience in a report in local news outlet Soweto Urban, the man, who is known only as Andrew, was invited for a presentation on cryptocurrency through a new contact on Facebook. The

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Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme

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Trader Jailed and Fined Over $ 1 Million for Bitcoin and Litecoin Fraud Scheme

The U.S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. The same day, a District Court in the Northern District of Illinois sentenced Kim to 15 months on wire fraud charges.

Misappropriating Employer’s Funds

According to the release, Kim had misappropriated his employer’s funds between September and November 2017. Kim, who was employed by a Chicago-based trading firm at the time, had transferred the company’s tokens from the cryptocurrency exchange where they were kept into his wallet address.  Read more...

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Trader: Crypto Can Reach Trillion Market Cap Based on Speculation Alone

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During an interview with Ran Neuner on CNBC’s Crypto Trader, Coinbase alum and crypto investment firm 1Confirmation founder Nick Tomaino stated that the valuation of the crypto market can reach a trillion dollars off of speculation alone. He said: “I see investing and speculating as adoption. I think it is possible that crypto gets from … Continued

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