Bitcoin Panic Selling: Great Entry Point to Get in?

Written by:
Guest
Published on:
Aug/15/2018

Brian Kelly, Brian Kelly Capital founder and “Fast Money” trader, and Sheri Kaiserman, Maco.la principal advisor, discuss the sell-off in bitcoin and their outlooks for the crypto space.

"What you are seeing now is a lot of panic selling," claims Kelly.  "Investors that were in it, caught the hype in November, December, or projects that raised funds in ethereum or bitcoin are now panic selling out, so when I look at this for me, it is one of the better entry points we have had in a long time, particularly when you view it against where support is for bitcoin.... as well as the short interest, which is almost at records."

Bitcoin now represents as much as 80% of all transactions at some online gambling establishments.

More below

- Aaron Goldstein, Gambling911.com

video News

Legalized Sports Betting in Texas a Pipe Dream

Those looking to place sports bets online in Texas will be able to do so via a host of international websites and maybe even by driving to Oklahoma.  Otherwise, it's a give that the state won't be legalizing sports betting any time soon.

Draftkings Sports Betting 'Team Pick'em' Open to All in US

"Team Pick'em" is available in all 50 states and offers real cash prizes and is free to enter

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Our friends at BetDSI.com have released odds on the dreaded "Madden Curse", which unfortunately took on new meaning just recently when a gunman opened fire and shot two people during a Madden NFL eSports event in Jacksonville, Florida.

Mass Shooting in Jacksonville Caught During Live Streaming of eSports Event (Video)

The Jacksonville, Florida, Sheriff's Office said there was a mass shooting with multiple fatalities at a downtown shopping-dining complex on Sunday and urged people to stay far away from the area. 

Utah Senator Orin Hatch to Introduce Sports Betting Legislation

One of the original authors of legislation banning sports betting across the USA plans to introduce a new bill that would regulate the activity at the federal level.

Syndicate