As 2019 ends, the stock market is pushing towards all-time highs on a weekly basis. Even though both the S&P 500 and Dow Jones Industrial Average pushing outside of the Bollinger Band indicators, its creator says that people shouldn’t be getting out of the market.
Ethereum Foundation members are calling for participants to upgrade nodes as the Muir Glacier hard fork looms. This update was particularly controversial, releasing on what some consider to be a “global holiday,” the first day of the new year. Muir Glacier only contains one EIP which postpones the ‘Difficulty Bomb’ which slows down potential hash rates.
Cash App posted a job listing on LinkedIn, first noticed by The Block, which implies that they need help adding limit orders, recurring purchases and gifting features to their Bitcoin platform. Listed in the job description, they are looking for a Product Manager for crypto investing.
Even if you’ve been investing/trading for 9 years, you haven’t experienced the markets reaction to a new decade yet and its effects might actually be a big deal. On this website, we focus on cryptocurrencies for the most part, but since Bitcoin doesn’t have a history of reacting to a new decade, we’ll look into its stock and gold counterparts to get a feel on whether it changes anything in the long run.
As the year is coming to a close, Bitcoin’s yearly candle will as well. Candlestick charts summarize how price moved during set increments of time and are used by traders to gauge sentiment, support, resistance and trends. This year, Bitcoin saw its largest rejection ever since 2011, according to BNC Bitcoin Liquid Index.