A Look At Holiday Cheer In Crypto - How Long Will It Last?

It’s looking like a Merry Christmas…. At least if the past few days are any indication. And if you’re dreaming of a Green Christmas this year, you might not be alone. There’s no shortage of Holiday Cheer as crypto companies gear up for the holidays.

Coinbase leads holiday festivities with the “Twelve Days of Coinbase.”

Coinbase is leading the festivities with the “Twelve Days of Coinbase.” Every day, the company announces a new addition that makes crypto easier or friendlier to use. Earlier, this month, the company announced new assets for the platform, and also enabled crypto-to-crypto trades without having to go through fiat.

Today, Coinbase announced that it will reopen Earn.com, allowing users to earn cryptocurrency while also learning about it. There are still two days left in the twelve days of Coinbase, so keep your eyes open!

Purse.io Helps You Save on Amazon

Meanwhile, if you’re still struggling with last-minute holiday shopping, there’s an easy way to put your wallet to work.

Purse.io is a service that lets users shop on Amazon with their crypto, for discounts of up to 25%. Essentially, the site coordinates so that shoppers can sell their bitcoin in exchange for Amazon gift cards, which are used to fulfill your shopping list. You can pick your own discount--but the bigger the discount, the longer it takes to fill your order. Speaking of Bitcoin, how long are the green days going to last?

Bitcoin Riding on Holiday Cheer

While there’s no guarantee, looking at the BTC/USD chart indicates we can see the king of crypto riding a choppy merry wave to reach $4,444. Here’s the reason why this could be a possibility. Looking at the daily chart, the BTC/USD pair bottomed out right at a key support level of $3,169. The reason why this is a big deal is that this level last acted as a support back in September 2017. Once bitcoin bottomed out then, it went on to conquer all-time-highs up to $20,000.

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Disclaimer: Now I’d like to hear from you. What are your thoughts on Nano, which currently ranks 36 in terms of market cap? Do you think it can ever make it to top 10?  Let me know in the ...

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