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Bitcoin System – Is This App Too Good To Be True? Read This Review Now

Bitcoin System - Is This App Too Good To Be True? Read This Review Now

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Bitcoin System

Bitcoin System platform is a software that allows its user to create a trading strategy and algorithm that are automatically executed on behalf of the user.

New York City, NY, Nov. 28, 2020 (GLOBE NEWSWIRE) — The cryptocurrency arena is getting more exposure day by day, and it is definitely flourishing. There are huge risks in investing in digital currencies, but there are many reports that clearly say that many investors have gained thousands within a few days. That is all because of cryptocurrencies. However, things are not very easy all the time. You have to pick the right trading robot for yourself. You get many options open, but some of them can make you really confused. The Bitcoin System is a crypto bot that comes up with various opportunities and dangers.

Bitcoin System is created to perform most of the tasks by itself and thus helping you trade with Bitcoin (BTC) automatically. With the help of the Bitcoin System, one can not only trade with cryptocurrencies but also get the spot to trade with raw materials, stocks, CFDs or forex exchange markets (Forex).

On the basis of the market situation, the Bitcoin System behaves as a trader and keeps its choices. Then, the algorithm assesses price trends, the market, and the statistics for picking the best time for purchasing or selling. However, it is just a machine at the end of the day, and errors are quite possible to take place. To boot, they are complicated enough to process a persistent negative growth so that the procedure and the functioning mode should also be taken care of or the automated mode should be given a pause only if losses are sustained.

Is the Bitcoin System Faithful?

As time has passed, the demand for crypto robots has shown a tremendous increase. At present, there are approximately 400000 people around the world who make use of the Bitcoin System crypto robot. Also, the capital invested till now is already more than five billion euros.

This actually reveals how quick the platform is spreading on a global basis, and people are definitely taking the Bitcoin System quite seriously. But, to be very frank, this statement cannot be checked for now, and besides that, the platform does not possess a proper professional look, but it looks very basic. It has got very overemphasized advertising, and it’s very one-sided.

There are certain parameters on the basis of which we can say that this platform is definitely quite a trustworthy one. Let’s check out why. The Bitcoin System gets a heavy amount of online reviews from users. On top of that, the platform is quite transparent and gives its users each and every important financial data that can permit them in order to build up informed decisions.

Open Your Bitcoin System Account Now From The Official Site

What the Bitcoin System uses is modern algorithms for observing the movements of the markets of Bitcoins and making decisions. These algorithms are formed on modern trading technologies inclusive of artificial intelligence and machine learning. The Bitcoin system enjoys high precision.

The high precision is the outcome of these technologies and also of the fact that it is altered with a big margin. In spite of this, trading cryptocurrencies always comes with a risk level, and this is the only reason it is recommended not to invest money that you don’t want to risk for a loss.

If you look carefully at the reviews, you will see that they are quite positive and thus it easily reveals that the Bitcoin System is quite reliable. Most users have said that this platform is quite ideal for earning lots and making huge profits.

Users claim this platform to be very transparent for proffering each and every needful data that also includes the technologies behind the robot. Also, people have been recommending this platform to invest in as the Bitcoin System is quite easy to operate and also comes with great customer service. In addition to that, this cryptocurrency trading robot gives a faster and quite a straightforward choosing procedure.

ALSO READ: Bitcoin System Reviews and Testimonials: Does It Work For Everyone?

Functioning

The Bitcoin System is nothing more than a standard crypto trading robot. So, obviously, it functions just like any other crypto trading robots with the usage of mathematical algorithms. It does not involve any complicated procedure. You just need to go through a simple registration process and verify your account and then commence with funding with real money for starting trading live.

Now, let’s get into the pricing models. Not every similar platform offers a similar pricing structure. In most cases, it becomes obligatory to pay a fixed commission each month in order to keep the account open on the website. There are other cases as well, where it becomes very much mandatory to rent the bots that make the trading in their place. For your information, you can get a third model as well, but it is actually quite famous among firms that issued tokens at the time of an ICO (initial coin offer).

You have to buy the native token of the service if you want these services and hold a particular sum to use several bots and features on the site. You can get to configure the bots easily if you are prepared to pay for these commissions. Once you are done with the needful, you only have to wait and expect your balance to rise.

The Bitcoin System actually cooperates with various robot brokers whose responsibilities are inclusive of smoothing the path of transaction and leverage and the management of deposits. Do not think of robots as a financial establishment, and that is why it does not possess any legal instruction for managing deposits. Brokers come up with leverage up to 1:1000.

Create an Account in the Bitcoin System

In this review of the Bitcoin System, here’s a little inside on how you can create an account with this crypto trading robot. This is just for clarifying to the readers whether it is really that simple or not. Let’s jump right into it.

Step 1: Registration

The first thing to do to use the Bitcoin System is to make an account. You can get a form to fill up on the right side of their official page. Enter your name and email address. Put a security password which should be strong enough. The final step here is to select your nation of residence and provide your phone number. Do not forget to put the proper international prefix before the phone number. This would allow you to start trading in the demo even before you make any deposit.

Step 2: Demo Account

After you are done with creating your account on the platform of the Bitcoin System, you get to test it in demo mode. Here you will get 1.50 USD available for trading cryptocurrencies with the account of yours. For this, all you will be left to do is to just click on the “Go to demo” button. You can spot that on the left side of the page. You will get to spot three items at the top left which are total balance, total profit, and profitable functions.

Click on the “Auto Trade” button that you will get on the right side of the page. You have to hit that button in order to start with your very first crypto exchange in demo mode. After a while, you will find several operations carried out by the platform bots. Examine the outputs and decide whether it is fine to spend your money on the Bitcoin System keeping in mind that trading cryptocurrency always carries high risks.

Step 3: Real Account

Here you are going for depositing and trading live. This is when you need to be all set to face the real deal. You need to go through some trading settings before you start. Set a daily stop loss, the number of operations you wish to complete on a daily basis, and the maximum profits you would like to make every day.

Besides that, you will have to choose which cryptocurrencies you would like to trade with, and that is entirely up to your preferences. If not, you can rely on the robot with that. There is a red circle saying “Off” located on the right of the page. Click for commencing with the operations. It’s all done now. Now it’s the robot who would be negotiating on your behalf.

Is There Any Application Available for the Bitcoin System?

There were several attempts when the application for the Bitcoin System was searched, but there were no results, neither in Android nor in the Apple Store. The application does not exist, but the website of the Bitcoin System is very much compatible with tablets and mobiles. This is something beneficial for any user around the world, giving them the full experience of the platform.

So, What’s Your Verdict on This?

Hopefully, this review was helpful enough to make you decide whether you would go for crypto trading robots, especially the Bitcoin System, or not.

Thanks to its amazing usefulness and the ease with which people risked and gained lots of bucks. You are smart enough to choose wisely for your business.

Bitcoin System – info@btc-system-pro.com

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Disclosure by content creator – This press release is for informational purposes only. The information does not constitute advice or an offer to buy. Any purchase done from this story is done at your own risk. Consult a qualified professional before any such purchase. Any purchase done from these links is subject to the final terms and conditions of the website’s selling. The content on this release does not take any responsibility directly or indirectly.

This news has been published for the above source. Bitcoin System [ID=15386]

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Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides

Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides

Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18.2k.

  • Bitcoin started a fresh upward move above the $17,000 and $17,200 levels.
  • The price is now trading nicely above the $17,500 resistance and the 100 simple moving average (4-hours).
  • There was a break above a major contracting triangle with resistance near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  • The pair could revisit the $18,200 resistance, where the bears might put a strong fight.
  • This past week, bitcoin saw a sharp downside correction below $18,000 and $17,200 against the US Dollar. The BTC/USD pair even broke the $16,800 support and the 100 simple moving average (4-hours).

    It traded as low as $16,219 before forming a support base. A fresh increase was initiated above the $16,500 and $16,800 resistance levels. Bitcoin price cleared the $17,400 resistance and 100 simple moving average (4-hours) to move into a positive zone.

    There was also a break above a major contracting triangle with resistance near $17,200 on the 4-hours chart of the BTC/USD pair. The pair is now testing the 50% Fib retracement level of the downward move from the $19,500 swing high to $16,220 swing low.

    Bitcoin Price

    A clear break above the $17,850 and $18,000 levels might lead the price towards the key $18,250 resistance zone. It is close to the 61.8% Fib retracement level of the downward move from the $19,500 swing high to $16,220 swing low.

    A successful break above the $18,250 and $18,400 levels is needed for a fresh rise towards the $19,000 and $19,500 levels in the coming sessions.

    If bitcoin fails to clear the $18,000 and $18,250 resistance levels, it could start a fresh decline. An initial support is near the $17,500 level or the 100 simple moving average (4-hours).

    The first major support sits at $17,400 levels. A downside break below the $17,400 level could lead the price towards the main $16,800 support level. Any more losses might call for a new low below $16,200.

    Technical indicators

    4 hours MACD – The MACD for BTC/USD is slowly gaining momentum in the bullish zone.

    4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is rising and it is above the 50 level.

    Major Support Level – $17,400

    Major Resistance Level – $18,250

    This post was originally published on www.newsbtc.com

    Source: www.cryptoalphanews.com

    Author: cm_team


    Bitcoin extends decline after biggest slump since pandemic hit

    Bitcoin extends decline after biggest slump since pandemic hit

    Synopsis

    By Adam Haigh and Todd White

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Source: economictimes.indiatimes.com


    Bitcoin analysts explain what’s next in the aftermath of BTC plunging to $16.2K

    Bitcoin analysts explain what’s next in the aftermath of BTC plunging to $16.2K

    The price of Bitcoin (BTC) dropped sharply on Nov. 26 following a mass sell-off from whales. Data from on-chain data firms, namely Santiment, Intotheblock, and CryptoQuant, show heightened levels of whale exchange inflows.

    Whales selling right under Bitcoin’s all-time high, particularly when the market sentiment was overly euphoric, led to a massive drop. Roughly $1.8 billion worth of futures contracts were wiped out, as Cointelegraph reported.

    Some exchanges, like Binance as an example, recorded $400 million worth of liquidations within merely several hours.

    According to Santiment, whales sold quickly after Bitcoin surpassed $19,300. Many of these high-net-worth individuals sold so aggressively that they are no longer in the whale category of holding over 1,000 BTC.

    The overleveraged derivatives market started crashing as soon as the price of Bitcoin saw a relatively minor drop. Eventually, BTC dropped to as low as $16,200 on major exchanges. Analysts at Santiment said:

    “$BTC whales with 1,000 or more coins held (currently $16.7M or more) sold off nearly immediately after the $19.3k price top two days ago. 11 of these whales actually sold off enough to no longer be in this 1,000+ coin category, just as prices peaked.”

    Researchers at Intotheblock spotted a similar trend. The drop in the price of Bitcoin matched the moment when whales transferred 93,000 BTC into exchanges. When the price of BTC was at the yearly peak, 93,000 BTC were worth $1.8 billion.

    Whales have been moving $BTC into exchanges.#Bitcoin has faced a steep correction since Wednesday’s highs of $19,600

    This drop started as soon as whales began to deposit BTC to exchanges. More than 93 thousand Bitcoin’s were deposited into centralized exchanges. pic.twitter.com/ntq1yIlDeV

    — intotheblock (@intotheblock) November 27, 2020

    Subsequent to the rapid crash of the Bitcoin futures market, the outlook on Bitcoin from traders and analysts remains divided. Some believe that BTC is headed for a deeper pullback, possibly to the $13,800 support level. Others, however, say that buyers now have the incentive to bring BTC above $18,000 to tap the liquidity above.

    The bearish case for Bitcoin in the near term mainly revolves around two things. First, during previous bull markets, BTC historically dropped 30% or more before seeing a continuation of the rally. If BTC sees a similar trend, that would mean a drop to at least $14,500.

    Second, short-term investor activity is increasing as the price of BTC consolidates. In the past, a spike in the number of young addresses marked a bearish trend.

    Cryptocurrency trader and technical analyst, Edward Morra, emphasized that previous bull markets saw multiple corrections that were even more severe, such as by 30% to 40%. Furthermore, the trader also said that the Fibonacci sequence 0.618 level is $13,500.

    Based on the combination of these two data points, Morra explains that a drop to $13,500 would be a “fantastic” opportunity. He said:

    “Assuming we’re in a bull-market, 0.618 Fibs are usually fantastic buy opportunities. Let’s take a look at the period of mid 2015 to late 2017. 6 out of 7 pullbacks we had landed at 0.618 Fib (last pullback only went to 0.5). All dips were 30-40%. Currently, 0.618 Fib level is around ~$13500. That would be a fantastic buying opportunity if it happens. We already had some mini-version of that earlier this year which corrected to 0.618 Fib too.”

    Josh Olszewicz, a chartist and a cryptocurrency investor, meanwhile says that local Bitcoin tops usually occur when unspent transaction outputs (UTXOs) aged one to three months reach 10%.

    The investor notes that it is currently at 8%, which has historically signaled a market top. He noted that “similar to BDD, more young on-chain coin movements are generally bearish.”

    Nevertheless, the market sentiment around Bitcoin remains generally bullish. Many analysts that anticipate BTC to fall in the near term still expect the dominant cryptocurrency to hit an all-time high by the year’s end. Considering this, some traders are also optimistic about the short-term price trend of BTC.

    A pseudonymous trader known as “Byzantine General” noted that the liquidity for Bitcoin is now in the $17,500 to $19,000 range. Liquidity emerges when traders in the futures market sway to one side of the market. Since the liquidity is higher up, it indicates that traders are likely shorting BTC and the liquidation prices of overleveraged shorts are located around $18,000.

    Stop hunts and cascading liquidations can work both ways. If mass long contract liquidations caused BTC to drop on Nov. 26, short liquidations could trigger BTC to rally. Given that BTC/USD has dropped substantially in a short period, a relief rally is certainly possible. With liquidity near $18,000, the probability of this happening remains high.

    Former Credit Suisse banker Mira Christanto added that the medium to the long-term outlook of BTC remains strong. She pinpointed the Bitcoin Difficulty Ribbon indicator, which suggests the price of BTC has been suppressed for a long time. The indicator signifies an acceleration of mining difficulty, which as seen in 2013 and 2016, marked the start of bull cycles.

    Whale exchange deposits have continuously remained high throughout November, which was the main source of selling pressure. But, the one variable that could offset the sell-off from whales is stablecoin inflows. In the latest note to its clients, data analytics firm CryptoQuant said that the number of stablecoins deposited into exchanges rose sharply in recent months.

    For the rally of Bitcoin to continue in the near term, two main factors are critical. BTC needs to stay above the $16,200 support region, which it has defended so far with a strong reaction from the market.

    It also would need to see higher stablecoin inflow in the next several days, which would indicate that sidelined capital is returning to the market. The note read:

    “Over the last few months, the amount of stablecoins that have been deposited onto exchanges has risen sharply. This has resulted in sell pressure decreasing since the end of September, and staying low. Currently, the sell pressure is increasing slightly, and this could indicate a correction, but with the Exchange Whale Ratio remaining low, it seems that it won’t be large. Analysts utilizing CryptoQuants tools, looking at the long-term outlook, are anticipating bitcoin to reach and pass the previous high of $20,000.”

    At least in the foreseeable future, it is critical for BTC to remain stable above $17,000 and consolidate. This would allow the derivatives market to see a potential resurgence in momentum and the open interest to build up. So far, there aren’t too many signs that a massive correction must occur and that the road toward a new all-time high in the medium term has been hindered.

    Source: www.bit-cointalk.com


    Bitcoin relief rally is underway — Can BTC price reclaim $18K?

    Bitcoin relief rally is underway — Can BTC price reclaim $18K?

    Bitcoin (BTC) price dropped severely in the previous week, falling from $19,500 to $16,000. Corrections never occur smoothly as dropdowns are frequently sudden and painful. The recent correction isn’t much different as the drop occurred in a matter of hours. 

    Since then, Bitcoin’s price consolidated above $16,000, which marked a temporary bottom. The primary question is whether the correction is over or not. A determining factor will be whether or not BTC price can reclaim the crucial levels that will support further upward momentum.

    As the daily chart shows, a crucial support area was established around the $16,000 area. Bitcoin’s price did lose the uptrend on lower timeframes, through which a chain reaction of liquidations occurred. This chain reaction made the price accelerate downwards.

    Bitcoin’s price frequently takes the staircase up and the elevator down. When this happens, the daily timeframe marks the crucial support levels to hold, through which the zone around $16,000 is a massive area to hold.

    The chart shows temporary support and bounces from this area, as Bitcoin’s price is currently $1,400 higher than the support level.

    The hourly chart shows a clear breakdown from the $18,600 support level, which caused the chain reaction downwards.

    However, during this correction, some lower timeframe signals are showing crucial resistance levels starting at the $18,000 level. The price of Bitcoin dropped toward the support zone at $17,200, made a slight bounce upward, but couldn’t break through $18,000.

    Through that failure of breaking $18,000, a resistance area is established. This resistance area needs to break to sustain the bullish momentum and then flip back bullish on the lower timeframes.

    The next hurdle is found at the $18,600 area, which failed to sustain support in the previous run upward.

    The daily chart of the total market capitalization shows an apparent breakdown, as the total market capitalization dropped significantly after reaching the 1.618 Fibonacci level.

    However, the bullish part is a new higher high and a breakout above the $400 billion resistance zone.

    In this run-up, the massive resistance zone at $400 billion never received confirmation through a retest. In that perspective, it’s very likely to see a further correction towards $400 billion to confirm the previous resistance zone to become support.

    The most likely scenario would be a relief rally towards the $18,000 to 18,500 area. Through that, the $18,000 to 18,500 area is immediately the crucial breaker of the scenario described.

    If the $18,000 to18,500 breaks, a further sustained rally toward new all-time highs is a very likely outcome. However, failing to break through this resistance zone would establish a new range.

    This range is acting between $16,000 to 18,000, in which the $18,000 resistance is a confirmation of a new lower high. Lower highs indicate a downward trend, and therefore could the market expect further corrections south.

    In that matter, a correction towards $14,000 isn’t unlikely at this point, as that’s the previous high in June 2019 and could warrant a massive support/resistance flip for the markets.

    If Bitcoin’s price holds above $14,000, the next rally would most likely bring the price of Bitcoin above a price of $30,000.

    The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

    Source: www.bit-cointalk.com


    Why institutions suddenly give a damn about Bitcoin

    Why institutions suddenly give a damn about Bitcoin

    Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge funds will increase their crypto holdings drastically. It also projected that 90% of institutional holders of crypto assets expect to invest even more in Bitcoin this coming year.

    Related: Corporate Bitcoin treasuries are here, which can only mean good things

    From MicroStrategy and Grayscale to JPMorgan and Goldman Sachs, Bitcoin has solidified its place in investment portfolios as the asset to hold as a hedge against inflation and currency devaluation. However, beyond that, there are real technical reasons why institutional investors are becoming more and more bullish on Bitcoin, with some predicting it will reach $1 million by 2025.

    Related: Time is our best friend: Bitcoin’s 12-month trajectory to $100K

    While the future value of Bitcoin may continue to be a topic of debate, the reality is that investors and financial institutions now believe “holding BTC might prove to be less risky than not having Bitcoin exposure at all.” In fact, according to a crypto research firm Messari, more than 81,000 BTC belongs to “the treasuries of publicly traded companies.”

    In total 81,154 BTC, or 0.5% of all BTC in circulation is held in the treasuries of publicly traded companies.

    https://t.co/Rx6Z8a5NqN pic.twitter.com/DHB7N2dm8J

    — Messari (@MessariCrypto) November 11, 2020

    But, what spurred the Bitcoin rally of 2020, and what are institutional investors seeing in Bitcoin now that they didn’t see before?

    Bitcoin acts as a non-sovereign currency that is uncorrelated with other asset classes. For institutional investors, it serves as a diversification tool to hedge against highly correlated markets such as the S&P 500, Nasdaq and the dollar. Two major areas where Bitcoin and blockchain technologies offer the most value to institutional investors include secure, borderless transactions and access to new opportunities that can’t exist in traditional financial markets.

    Bitcoin’s innovative technology including smart contracts, borderless payments, lower fees and faster, more secure transactions are the catalyst that will prepare us for a future where national currencies break from their current physical form and become digitized.

    Related: Bitcoin is the best treasury reserve asset humanity’s ever had

    With U.S. dollar inflation on the horizon, notable investors like Ray Dalio and Paul Tudor Jones are also beginning to “like Bitcoin more and more” and have identified it as the “best inflation hedge,” comparing it to gold and copper. As banks and technology providers continue to invest heavily in research and development projects related to verifying and recording finance transactions, such as JPMorgan’s new business blockchain and digital currency house Onyx, we will continue to see institutions increase their presence within the space.

    Custodians are used by financial institutions such as hedge funds and mutual funds, who are obliged to hold clients assets with a professional custodian for regulatory purposes.

    Previously, institutional investors were wary of Bitcoin and other cryptocurrencies due to the regulatory environment, and until recently, the wider crypto ecosystem was also severely lacking in institutional-grade crypto asset custodial solutions. With an urgent need for adequate custodians to secure the growing amount of crypto assets and an increase in clarity around regulatory guidelines for operating and investing in cryptocurrencies, a sector of institutional-grade custodian solutions was born.

    Anchorage, a newly-launched crypto custody firm backed by Andreessen Horowitz and a number of other prominent blockchain-focused venture capital firms, is one of those solutions. It was incorporated with the ethos to provide a crypto-native digital asset custodian for institutional investors. Bank Frick, a Liechtenstein-based private bank, has made it a priority to offer a range of blockchain banking services, including token launch support, crypto trading and digital asset custody. The regulated bank’s services are targeted at professional market participants and financial intermediaries in Europe.

    Banks have also received the green light to custody crypto companies. In a note to the public, senior deputy comptroller and senior counsel of the U.S. Office of the Comptroller of the Currency Jonathan Gould wrote back in July:

    “We conclude a national bank may provide these cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency.”

    This marked a major industry-wide development allowing regulated financial institutions to hold the same safekeeping services previously exclusively held by specialist firms.

    Banking custody options coupled with the emergence of crypto insurance companies like Paragon International Insurance Brokers, which was recently integrated into Bitstamps offerings, are providing policies for digital assets such as Bitcoin to be protected both online and offline while covering a number of crime-related circumstances.

    The adopted regulatory and custodian solutions provide security for institutional investors who may have otherwise been skeptical. They are also helping hold cryptocurrency exchanges to a higher standard, encouraging them to protect investors’ money from theft or misappropriation. This has become an important catalyst for making digital assets more attractive to institutional investors and funds.

    As the crypto market sees an uptick in institutional investments, with large purchases being completed by more and more firms, it has correlated into a rally in the markets.

    According to a report from cryptocurrency derivatives platform Zubr, institutional investors are moving toward holding Bitcoin in “physical” form instead of cash-settled futures. The integration of institutional investors into the crypto ecosystem and their interest in holding is a positive sign for mainstream adoption. The similarities these investors share with holders indicate an easy transition from traditional finance to the digital economy, instilling trust in Bitcoin and representing an understanding and belief in the technology.

    Serving both parties is also the high-potential upside that comes with decentralized finance, which has introduced a flow of new business streams, products and services. Services from the likes of Maker and Compound allow individuals to take out loans of any size in a matter of minutes without having to disclose their identity to a third party, while the yields associated with new DeFi products are resulting in gains that are higher than savings accounts, certificate of deposit accounts and other traditional options.

    The potential benefits of the DeFi revolution are just one more reason the dynamic of cryptocurrency is shifting into what believers have wanted all along — a digitized, borderless asset.

    According to a recent survey by Fidelity Asset Management, 80% of surveyed institutions find investing in digital assets appealing, while the number of Bitcoin addresses has been steadily increasing. Addresses holding above 1,000 and 10,000 Bitcoins have also increased considerably. Coupled with declining balances on exchanges, this suggests that whales and larger investors are choosing to hold Bitcoin.

    Additionally, a report by Big Four audit firm KPMG found that major banks, asset managers and qualified custodians are launching a new wave of institutional-grade crypto products and services. The institutional investments into cryptocurrency confirms trust in the digital asset from a significant place of power.

    This article does not contain investment advice or recommendations. Every investment and trading move involves risk, readers should conduct their own research when making a decision.

    The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

    Paolo Ardoino joined Bitfinex at the beginning of 2015 and now serves as its chief technology officer. After graduating from Genoa’s Computer Science University in 2008, he started working as a researcher for a military project focused on high availability, self-recovering networks and cryptography. Interested in finance, Paolo began developing financial related applications in 2010 and founded Fincluster in late 2013.

    Source: www.bit-cointalk.com


    Bitcoin System - Is This App Too Good To Be True? Read This Review Now


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