Rundowns | miningstore.com.au

July 12, 2019miningstoreWeekly Rundown0

MiningStore’s Weekly Rundown 12/07/2019

MiningStore’s Weekly Rundown RECESSION FEARS AND BANK LAYOFFS It’s been a week of recession fear and bank layoffs. Bitcoin has been resilient and seems to have settled in a fairly broad trading range of $10k – $13k USD, which begs the question as to how much money is leaving the traditional options of banks, bonds, stock and real estate investments behind and making its way into the crypto space. Last week, Reuters reported that Deutsche Bank was axing...

July 5, 2019miningstoreBitcoin, Education, Market News, News, Weekly Rundown0

MiningStore’s Weekly Rundown 5/07/2019

MiningStore’s Weekly Rundown A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak last week, don’t be fooled into thinking the markets have turned into bear territory. The bull trend is still alive and kicking. Bitcoin...

June 28, 2019miningstoreWeekly Rundown0

MiningStore’s Weekly Rundown 28/06/2019

Institutional money flowing into BTC Bitcoin has had a massive week, smashing upwards of $11… $12… $13 and even touching $14K USD before a significant correction back to $10.5K USD overnight. It’s safe to say we are right in the midst of the next bull run. Some key drivers pushing this growth can be seen across the institutional markets with a general run up in gold as well as safe haven assets. Institutional money looks to be flowing...

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