While a bullish backdrop emerges in February, spare a thought for the traders trying to time the market. One savvy trader by the name of Samjhill on Reddit has built a trading tool that outperforms dollar-cost-averaging (DCA) for buying Bitcoin (BTC). DCA is the strategy in which investors buy a small amount regularly regardless of price fluctuations. It works in contrast to … [Read more...] about Trader builds Bitcoin ‘buy the dip’ bot, outperforms DCA
Bitcoin
Texas senator Ted Cruz bought the last Bitcoin dip
According to a financial disclosure filed on February 4, US senator Ted Cruz bought the last Bitcoin dip.The filing shows that the Texas Republican bought between $15.001 to $50.000 worth of Bitcoin on January 25, and used the brokerage River to make the transaction.Cruz joins the US Senate Bitcoin boostersUntil recently, Wyoming’s Cynthia Lummis and Pennsylvania’s Pat Toomey … [Read more...] about Texas senator Ted Cruz bought the last Bitcoin dip
Ted Cruz buys the Bitcoin dip
Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is.According to a financial disclosure filed on Friday 4th Feb, Cruz bought between $15k and $50k worth of Bitcoin (BTC) on January 25th, using the River brokerage.At the time, Bitcoin was trading between $36k and $37k, and over the subsequent days it has risen to a current price … [Read more...] about Ted Cruz buys the Bitcoin dip
Bitcoin SegWit adoption lags among major exchanges: Glassnode
SegWit has come a long way since its first appearance during the 2015-2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017, segregated witness (SegWit) is a soft fork upgrade that separates “witness” data from … [Read more...] about Bitcoin SegWit adoption lags among major exchanges: Glassnode
Jack Dorsey tells Mark Zuckerberg he should have built around Bitcoin
Jack Dorsey, the CEO of Block Inc, formerly Square Inc, tells Mark Zuckerberg he should have focussed his efforts on Bitcoin instead.Dorsey was referring to Zuckerberg’s failed Diem project, which finally threw the towel in after U.S regulators refused approval.Diem’s assets were sold to Silvergate Bank earlier this week, marking the end of the project. Silvergate said it plans … [Read more...] about Jack Dorsey tells Mark Zuckerberg he should have built around Bitcoin