WHO IS SHORTING BITCOIN? Another PayPal Bitcoin Update!

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In today's breaking bitcoin news, we cover how PayPal is likely to buy BitGo, one of the first bitcoin custodial service companies.

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Sources:
https://cointelegraph.com/news/institutional-bitcoin-longs-at-record-high-hedge-funds-short-cme-data

Bitcoin goes mainstream as institutional ‘wall of money’ begins buying


https://cointelegraph.com/news/institutional-investors-plan-to-buy-every-bitcoin-price-dip-data-suggests
https://www.tradingview.com/chart/

https://www.bloomberg.com/news/articles/2020-10-22/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo?utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business

Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

WHO IS SHORTING BITCOIN? Another PayPal Bitcoin Update!

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39 comments

  1. Of course it’s exciting when prices go up, but true Bitcoin Industry Astronomers probably don’t want institutional investors to participate, we want the metaphorical death of all boomer Banks, since we are our own since Block 0. 👨‍⚖️🇺🇳🚀

    🏦📉

  2. Bitcoin will be the main federaton standard currency of the United Federation of Planets. 🇺🇳🌐🚀💫

  3. I would just love to see them burning.

    Bitcoin is electronic cash for the people not for the Banks.

  4. Honestly, the way that hedge funds are using shorts on the CME is actually healthy for the market. This means that Bitcoin futures are actually being used for their intended purpose which is mitigating downside market risk. However, will a lot of these shorts get rekt over the next couple years? Probably yes.

  5. @Alex Morrison For all the help and assistant you need in träding/invéstment you can talk to Mr Pomah Hectop, he’s very reliable

  6. Simple plan: Buy Bitcoin, securely store it, sit-back and prepare to be rich in the next 5-7 years.

  7. he’s obviously the best I invested 2000USD with him and in 5 days I made a profit of 18,000 USD

  8. I have lost a lot of capital trading by myself but trading with an expert like mr Pomah has been a game changer

  9. Holy Christ. Theres not any new btc hitting open exchange markets. CME IS GONNA LONG SQUEEZE VERY SOON

  10. I won’t give my Bitcoin to Paypal. Paypal will own your funds if you send it there. Custodial wallets are not what Bitcoin and crypto stands for!

  11. You’re right! But it is a first step to get people comfortable with the idea. Only when fiat crumbles and bank rund start will they think about moving their bitcoin into custody.

  12. I very much doubt anybody is shorting now with the intention of holding that short for 1 to 2 years if they are in a loss all that time.

  13. Long term, this is what I’d like too. Short term, this is what’s going to happen before we reach those long term goals.

  14. It’s another wonderful day for crypto currency whether hodling or trading, crypto currency continues to enjoy increasing recognition evident of course in the paypal integration of it into their system, a very welcome addition. Bitcoin is sky rocketing and it’s obviously just the beginning of better things to come, though the dip wasn’t really an issue, that’s the added benefit trading does, a good trader earns despite market dynamism. The past month has been really revealing, I’ve been trading under the guide of renowned trading expert Sebastian Bryan, his signals continues on the profitable level. I’ve been able to grow my trading portfolio to 11 btc utilizing his signals. Been earning big whilst learning For crypto concerns, Sebastian can be reached on *whatsp (+447782861037)* and *telagram (Sebastianbryan)* . Bullish moves all the way mates.

  15. Bryant has been one of my key revelation this year, trading under his guide has really exposed me to alot of things these cryptos can yield when effectively utilized

  16. Bryant service is top choice me any day. Just went live with him two days back, I really learnt alot from my demo sessions with him

  17. Been trading with him for over a month now, the result has been instantaneous, plus his client management is something I really admire about him, looking at my trading portfolio never gets old for me lol, thanks Bryant, you’re the best in what you do.

  18. Well aside the trading gain, I personally what to learn a lot more from Bryant and gain more experience, he is really someone I’d what to be like trading wise

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