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We Need Our Farmers, Our Farmers Need Bitcoin

The backbone of our nation, farmers stand to benefit the most from sovereign money that cannot be diluted or degraded.

Legendary Investor Bill Miller’s Bitcoin Position Is ‘Very Big’

The man who holds the record for most years outperforming the S&P 500 is deeply invested in bitcoin.

Russia Cracks Down on 4 Dark Web Marketplaces for Stolen Credit Cards

A special law enforcement operation undertaken by Russia has led to the seizure and shutdown of four online bazaars that specialized in the theft and sales of stolen credit cards, as the government continues to take active measures against harboring cybercriminals on its territory. To that end, the domains operated by the card fraud forms and marketplaces, Ferum Shop, Sky-Fraud, Trump's Dumps,

EEA Member Spotlight with Jon Trask, CEO & Founder of Dimitra Incorporated

As an EEA member, Dimitra is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed founder and CEO Jon Trask about how Dimitra contributes to the ecosystem to help Ethereum reach its full potential. Please introduce your company and yourself briefly. [...]

The post EEA Member Spotlight with Jon Trask, CEO & Founder of Dimitra Incorporated appeared first on Enterprise Ethereum Alliance.

CULT DAO Takes Decentralization to Extreme Levels, Awakening Revolution

London, UK, 9th February, 2022, Chainwire Cult DAO is happy to announce its launch and has released The Cult Manifesto, ...

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The U.S. Patent System Must Change In The Bitcoin Priced Deflationary Future

Bitcoiners understand that ideas are best built upon in a system that does not restrict innovation.

What Are The Biggest Mistakes New Investors Make In Cryptocurrencies

The post What Are The Biggest Mistakes New Investors Make In Cryptocurrencies appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Interest in bitcoins and cryptocurrencies resumes at the beginning of 2022. The media suddenly start to make predictions about new records “to the moon” and the resumption of growth. Although the cryptocurrency market lost a lot of fans on the last correction, nevertheless, we hear “buy the dip” from every corner of our planet. Each …

Fast Food Giant McDonald’s Crypto Tweet Attracts Widespread Market Attention

Fast Food Giant McDonald's Crypto Tweet Attracts Widespread Market Attention

Several noted that the Bitcoin chart resembled the company’s golden arch emblem. On February 5, Bitcoin hit a two-week high

The post has appeared first on thenewscrypto.com

Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans

PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the use of leverage, has resulted in the […]

Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

The leading NFT game announced an update that would effectively slash the creation of its native Smooth Love Potion tokens by 56%.

The Weekend Shift: Polar Bears, Robot Olympics, Bombshells

The most interesting reads, podcasts, charts, and opinions from the internet this weekend -- curated for you by the Protos newsroom.

The post The Weekend Shift: Polar Bears, Robot Olympics, Bombshells appeared first on Protos.

Bitcoin Begins Bounce From 7-Year Bull Trend Line — Is This The Bottom?

Bitcoin price is now above $40,000, up more than 20% from the lows set in late January. Despite the recovery, common sentiment across the crypto community, analysts, and more is that the bottom is nowhere near in.  Meanwhile, BTCUSD has began its recent bounce from a seven year secular bull trend line. Could that fact combined how few are expecting a bottom be the best case for why one might already be in? Contrarian Take: Crypto Market Sentiment Would Be Blind To A Bottom In a flash, Bitcoin has risen back above $40,000 – still a far cry below the $100,000 end of year 2021 targets the crypto community, analysts, mathematical models, and more had been projecting.  The current collective expectation from that very same crowd is that the current rally is nothing more than a “bull trap” and a revisit to $30,000 and even lower is all but guaranteed.  Related Reading | Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal Often when the consensus expects one direction, the market moves in a contrarian manner. With market participants sold on the idea that a downtrend will continue, the current bounce could end up leaving many behind.  Especially when the bounce itself began at a seven year secular bull trend line – and a trend line that put in two bear market bottoms.  A look at the seven year secular bull trend line | Source: BTCUSD on TradingView.com The Bitcoin Trend Line That Just Won’t Stay Broken The chart above shows what the nearly decade-long trend line looks like. The trend line first began at the 2014-2015 bear market bottom, and was lost only temporarily during that time period. After grinding along it for almost two entire years, Bitcoin price went parabolic and rose from around $2,500 to $20,000 in a matter of months. The top cryptocurrency by market cap spent the entire bear market above the trend line, only touching back down on it in December 2018 to put in the most recent bear market bottom. Much like the 2014-2015 bear market, the line was briefly lost again during the current cycle during the Black Thursday market collapse. Reclaiming the trend line is what caused fireworks in late 2020 and early 2021, and Bitcoin has been ranging since. Only now after an unexpected downtrend back to low $30,000s has the cryptocurrency touched the trend line in question since late 2020. Related Reading | 2022: The Year The Secular Bitcoin Bull Run Could End A bounce is beginning, but very few expect this to be the bottom. But why not? Bitcoin has bottomed more times at this trend line than any other. Back in December 2018, the common theory was that the downtrend would continue and few expected the bottom to be put in when it was. In hindsight, that was indeed the bottom of the last bear market. Could this bottom be another example of one that’s only realized long in hindsight? Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

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