Trending Bitcoin News #31 - July 24th, 2018

bitcoinsandgravy (45)in #bitcoin • 6 years ago

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Incoming Goldman Sachs CEO David Solomon More Keen on Bitcoin Than Predecessor

"...Goldman Sachs announced today that David Solomon will be the company’s new CEO, shortly before the quarterly earnings call. Lloyd C. Blankfein will be stepping down as CEO, who began his tenure in 2006 and led the company through the dicey recession of the late 2000s. Notably, Mr. Solomon is not the usual investment banker and investors expect him to shake up business as usual, according to the New York Times. He works as a DJ (under the name D.J. D-sol) in his free time, specializing in electronic dance music. ..."

Tweet this : https://twitter.com/BitcoinsNGravy/status/1019780307048792064

China's Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

"...The chives growing in one crypto tycoon's California mansion carry a hidden message. Guo Hongcai, a beef salesman turned early bitcoin adopter from China's Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad. ..."

Tweet this : https://twitter.com/BitcoinsNGravy/status/1020971195678650368

Bitcoin “Could replace Gold,” States Cryptocurrency Analyst

"...Gabor Gurbacs, director of digital asset strategies at VanEck/MVIS, told CNBC that the market capitalisation of bitcoin could potentially double or even triple if it become a safe asset like gold. Gold has traditionally been viewed as a safe investment that provided gradual returns over a long term period..."

Tweet this : https://twitter.com/BitcoinsNGravy/status/1021534978524364801

If Money Equals Freedom Of Speech, What About Bitcoin

"...The U.S. Supreme Court equates money with freedom of speech. Now, The Financial Services Committee of the U.S. House of Representatives is trying to determine whether or not Bitcoin is money. If so, should Bitcoin also be equated with freedom of speech?..."

Tweet this : https://twitter.com/BitcoinsNGravy/status/1021663268056645634

Technical Analysis on Bitcoin: Epic Battle for Control Between Bulls and Bears

"...The bulls and bears are in an epic battle for control of the market...Wave 3 finally found it’s top at around $7,600. It’s now correcting. The question is, how far will it drop? I believe it will likely drop to at least the 0.386 fib level ($7,010), and possibly the 0.5 fib ($6,850). From there I’m expecting a strong bounce to begin wave 5..."

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