Chinese are Not Buying Bitcoin: Peter Schiff

The Chinese investors do not think of bitcoin as a safe-haven asset, and they are not buying it, believes Peter Schiff of Euro Pacific Capital. The statement appeared amidst international media coverages about bitcoin’s price rise against a gloomy macroeconomic outlook. On August 1, US President Donald Trump said that he could impose 10 percent additional tariffs on $300 billion worth […]

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Buying Bitcoin (BTC) at $8,500 is Best, Says Analyst

Why Buy Bitcoin at $8,500? After falling to $9,100, Bitcoin (BTC) has managed to pick itself up from its bootstraps, rallying to $10,800. As of the time of writing this, the rally has paused, with the cryptocurrency falling back to $10,400. Despite this strong bounce, a Bloomberg guest recently suggested that Bitcoin may have further to fall. In a segment […]

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Case for buying the banks is gathering momentum

The shock Federal election result was very good news for the bank sector. It has already reacted, with a sharp rise in the share prices of all four of the big four banks, as well as Macquarie and regional banks. Is the recent share price rise in the big-four banks a “sugar hit” or a bottom in the sector’s relative […]

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0x VS Bitcoin Buying Opportunity

0x trend remains upwards as the price continues to produce higher highs and higher lows. Currently ZRX/BTC is in a correctional phase, while the price has declined from 18600 satoshis high, down to the 13000 satoshis, losing 30% to Bitcoin. At 13k satoshis, ZRX has rejected the 88.6% Fibonacci retracement level applied to the last wave up. At the same […]

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