Poll: Two-Fifths of South Korean Millennials Keen to Invest in Bitcoin
News – CCN
Poll: Two-Fifths of South Korean Millennials Keen to Invest in bitcoin
South Korean millennials are keen to invest in cryptocurrencies more than any other generation presently, according to a new report by the Bank of Korea (BOK). Not only are they interested but anxious to get in on the opportunity. Cryptocurrency trading has gripped the South Korean population and inspired a bandwagon effect in which the
The post appeared first on
China’s Ant Financial Touts Blockchain, Nixes ICO Chatter
Jing Xiandong, Ant Financial’s chief executive, called the blockchain “a cornerstone of trust” but dashed any hopes that the payments leader will pursue an initial coin offering. Xiandong, who also goes by Eric, set the record straight at the annual China Development Forum over the weekend. “The core of the blockchain lies in using technology to
UFO Coin (UFO) Price Alert, Chart & News on BitScreener.com More detail: https://bitscreener.com/coins/ufo-coin UFO Coin is a distributed peer-to-peer protocol for safely transferring value in over the world. The innovative blending of several hashing algorithms […]
We are closing in on the end of a week that’s going to be remembered for some time by many in the bitcoin space. The bitcoin price broke through the $10,000 level – a level that many claimed it would never reach – and topped out above $11,000 before quickly falling back below the major threshold. Since then, we’ve had a degree of instability, with participants on both sides of the market seemingly unsure as to what happens next. There’s a strong chance we’ll see a return to the overarching upside momentum, of course, but how deep the current correction will go remains to be seen.
As we always say, however, whatever happens, we’re going to be on top of the markets with our short-term efforts.
So, with this all noted, let’s get some levels in place that we can use to try and draw a profit from the markets as and when things move. As ever, take a quick look at the chart below before we get started so as to get an idea where things stand and where we are looking to get in and out on any volatility. It’s a one-minute candlestick chart and it’s got our range overlaid in green.
As the chart shows, the range we are looking at for the session comes in as defined by support to the downside at 10438 and resistance to the upside at 10618. Standard breakout rules apply for the session, so we’ll be looking at jumping in long on a break above resistance towards an immediate upside target of 10680. Conversely, if price breaks below support, we’ll get into a short entry and target a downside level of 10380. Stops on both positions (somewhere around $15 or $20 the other side of the entry) will help ensure we are taken out of the trades if things turn against us.
Susquehanna’s Crypto Chief Touts bitcoin as the Best Cryptocurrency Investment Advertisement The existing use cases of bitcoin give it an edge over other cryptocurrencies, the head of digital assets at Pennsylvania-based trading firm Susquehanna International Group, […]
