bostonangler Posted April 12, 2018 Report Share Posted April 12, 2018 Bitcoin surged the most on an intraday basis since December after breaking through key technical levels. The biggest cryptocurrency climbed as much as 16.9 percent, piercing both the $7,000 and the $8,000 levels in a matter of minutes. Bitcoin swung wildly between gains and losses in December while reaching a record high of almost $20,000 before crashing. Thomas Lee, head of research of Fundstrat Global Advisors LLC, cited a combination of Santander’s plan for a blockchain-based payment application, tax-related selling almost over and speculative short investors being squeezed out of the market for the surge. More from Bloomberg.com: Trump Meets Mattis as He Weighs Military Action in Syria Some backers of the digital token noted that the bearishness may be fading after the recent swoon that drove the price down more an 60 percent in a few months. “Serious money is now entering the market for the first time,” Jeffrey Van de Leemput, an analyst at Cryptocampus, a business that offers trading courses, said in a email.“A couple days ago I helped set up a 200k btc transaction for Chinese buyers. ... Soros etc are coming in, we will now see the start of the real bubble.” George Soros, the billionaire investor who called cryptocurrencies a bubble in January, was said last week to have authorized his $26 billion family office to trade digital assets. https://finance.yahoo.com/news/bitcoin-surges-most-since-december-112611485.html B/A Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted April 14, 2018 Report Share Posted April 14, 2018 Do any of you here in the crypto world use Binance. Many are having trouble logging into the site. Anyone having this problem and any ideas as to a fix. Thanks. Quote Link to comment Share on other sites More sharing options...
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