Crypto Trader News is proud to present our top trending posts for the week leading up to November 24, 2019, highlighting articles that are moving at the speed of business and blockchain.
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- Is China in Control of Bitcoin?
- Best Market Indicators for Technical Analysis
- Bitcoin Analysis: The Massive Plunge
- The World’s Strongest Economies and Their Stance on Crypto
- Are You Trying Too Hard to Predict the Markets?
- An Overview of 5 Popular Cryptocurrencies
- Facing Hard Truths in Crypto Trading
- How to Trade with a Small Account
- Investing in Small Caps
- Bitcoin Drops Below the $7K Mark
- 4 Things Every Crypto Trader Should Avoid
- Two Investing Lessons for Crazy Great Returns
MARK YOUR CALENDAR!
We’re livestreaming!
Tune in with us live on YouTube and Facebook on Wednesday, November 27. We know it’s a travel date for a lot of people, especially our U.S. readers and we wish you a very Happy Thanksgiving Day, but the crypto markets stop for no one, and neither do we. Tune in and say hi! We’ll be sure to give you a shout out.
WHEN: Wednesday, November 27, 2019 at 11 am ET
WHERE: YouTube live and Facebook
Just in case your missed it, here’s a link to our last Fireside Chat where we discussed blockchain security, hacks, and keeping yourself, and your online accounts safe.
CRYPTOCURRENCY & NEWS
People’s Bank of China Releases Official Statement on Cryptocurrencies
If you’re wondering why Bitcoin dropped significantly, we may have found the smoking gun. News from China came through an official statement by the People’s Bank of China and their stance on cryptocurrency and its exchanges are pretty severe. In fact, it may be criminal. The statement was translated to the best of our ability for your reading convenience.
Preparing for a Recession: Bitcoin or Gold?
While the news of Bitcoin making the most out of the fear of recession is doing the rounds, the real-world narrative is completely different. Even though the DJIA is breaking records, there are those who believe what goes up must come down. These are the people who are prepping now for an eventual recession. The question is, are people investing in Bitcoin or gold?
What’s Going on with Bitcoin?
When this article was written, Bitcoin was trading at $6970. There is no surprise that Bitcoin sentiment has been heavily bearish when the price dropped from $8,088 to $7,600 yesterday, but to break below the $7K barrier has caused a lot of people to be split in their investment strategies. What’s going on with Bitcoin?
Turkish Central Bank Adds to Gold Reserves
The Turkish Central Bank is not pulling any punches when it comes to its gold reserves. Turkey was the largest buyer of gold in the third quarter. The Central Bank of the Republic of Turkey increased its gold reserve purchases and now possesses more than 380 tons in gold reserves. Despite gold being strong Turkey is in economic decline and may be looking to Bitcoin and gold to hedge against a recession.
INVESTING & TRADING
Crypto Trader News: Altcoin Trader Update November 19
As opposed to “Wallet Watcher,” our new venture into investing in various cryptocurrencies while keeping a close eye on their progress, will be updated twice weekly under the Altcoin Trader headline. Of course we just recently launched this so that we have a perspective of what a new trader is actually going through. Unfortunately with the markets being in the red, so is our update.
What is Multi Collatoral Dai?
MCD is the stock ticker symbol for the fast-food corporation, McDonald’s, but it is also applicable to DAI, or preferably Multi Collateral Dai. So, what is MCD and how will it help you as a crypto investor? There’s more to Multi Collateral Dai so keep reading to see how Dai is switching from using one collateral (ETH) to open up debt positions using multiple assets as collateral to secure debt positions.
Crypto vs Fiat Inflation: The Differences and Where to Invest
While cryptocurrency is floated as a fail safe for floundering economies, when faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin as a means of alleviating hyperinflation by being more stable than the local currency. This article points out the differences between crypto and fiat inflation and where you might want to build your investment portfolio.
FINTECH & TECHNOLOGY
What is Amber?
Exchanges are currently a crucial part of of the Bitcoin market and they help market participants determine the price of the leading digital asset but with many exchanges already available to a fairly small group of worldwide crypto traders, we have to ask, What is Amber and how does it compete with other crypto exchanges?
PayPal Leaves the Libra Association in a Precarious Situation
PayPal has left the Libra Association. PayPal was one of the first to join the conglomerate of investors and supporters of the Libra project, it is now also the first member to exit the group. What does this mean for the Libra Association? Certainly, with waning interest, especially after the push back from US and foreign regulators, PayPal among other enterprises are keeping Libra at arm’s length, leaving Libra in a precarious situation. Will they have the support to continue?
5 Big Corporations that Would Make Bank in Crypto
Cryptocurrency is a revolutionary technology that has taken the world by storm since 2009. Like every radical technology, there is a flurry of companies and institutions lining up to denounce it as a fad. However, they always come around, don’t they? We’ve listed five big corporations who are already delving into blockchain with a few dipping their toe into cryptocurrency and leveraging this new technology into their business plan.
INSIGHT AND OPINION
Our Data Privacy is Under Attack: Decred is Fighting Back
There’s simply no denying that your data is a valuable asset. In fact, when you boil it all down, that information and by extension, you yourself, are actual products that numerous companies are working super hard to sell. If you’ve been paying attention to the news then you know our data privacy is under attack. Decred is fighting back to secure your data privacy.
The Highs and Lows of a Bitcoin Decade
In the past decade, Bitcoin has performed extraordinarily well. Born in the ashes of the 2008 recession and global financial crisis, it rose like a phoenix with the intention of being a “P2P Electronic Cash” outside the central banking system and government control. Bitcoin has come a long way with its highs and lows and we cannot wait to see what happens in the next decade.
The Elevator Pitch for Blockchain Technology
Blockchain technology is trending this year and the latest challenge that traders and industry insiders face, is explaining the concept of Blockchain to others in 500 words or less. I’ve been to my fair share of blockchain conferences and most attendees go like this, “What is blockchain technology; can you explain the concept in brief?” So, here’s the elevator pitch for blockchain technology for those who still don’t know what it is and how Bitcoin can change the world.
SPONSORED MESSAGE
Content Marketing NEEDS to Sell | Cryptopreneurs
Tired of slaving over creating content that hits the market and flops? Chances are someone sold you on the lies of content marketing. If you want to drive real results you have to ignore the conventional wisdom. Tune in as our Crypto Trader News founder and CEO, Dennis Lewis sheds light on effective content marketing for your crypto projects.
What Comes After Facebook?
From its roots of being a college social platform to being one of the world’s most powerful social media sites and advertising opportunity, Facebook may be ready for a downfall, especially after its security breaches and misuse of data. What’s next? BIZZ. They have an advertising manifesto, 4K livestreaming capability, public and private groups, polls, and target marketing functionality. To catch up on the pitfalls of Facebook and why you want to download BIZZ, read what comes after Facebook.
