Tag Archives: btc

Bitcoin’s Recent Price Reversal

Bitcoin sell off chart

Just why do parabolic moves often reverse so spectacularly? Parabolic market moves are those which reflect exponential increases in a price. They are obvious on a chart because, rather than being a straight line, they curve upwards with the angle of ascent increasing as more time passes. BTC has been in a parabolic move for […]

The End of the Tether?

Concept of Tether (or USDT) equals to1 US Dollar, Cryptocurrency

What is Tether? According to Tether’s website, “Tether converts cash in digital currency, to anchor or tether the value to the price of national currencies like the US dollar…” The primary manifestation of Tether is the “USDT”, the cryptocurrency coin which is pegged to the American dollar. In other words, in theory, for every USDT […]

Bitcoin – Haram or Halal?

Bitcoin - Haram Or Halall

The man responsible for interpreting religious law in Egypt has banned Bitcoin. Grand Mufti Shawki Ibrahim Abdel-Karim Allam has issued a fatwa telling Muslims the world’s most famous cryptocurrency is haram – or forbidden. They are not allowed to sell, buy or rent using Bitcoin. Whether his order applies to just Egypt’s Muslims – or […]

Bitcoin – Reader Beware

Two children at a laptop reseraching Bitcoin

Bitcoin – You’ve heard of Buyer Beware, but what about Reader Beware? Bitcoin has become the hot topic of conversation with media coverage, casual conversations, social media posts, videos and blog posts popping up everywhere. I believe it’s great to see conversations arising because they ultimately lead to education. Yet only this weekend I saw […]