Bitcoin Rallies, Altcoins Trade Sideways


After yesterday’s downside correction, bitcoin price found support near the USD 5,750 level. BTC restarted its upward move and broke the USD 5,850 and USD 5,920 resistances. The bulls took control, pushing the price above the USD 6,000 barrier. The price even broke USD 6,100 and traded to a...

Facebook Makes Cryptocurrency Ad U-Turn Amid Token Launch Speculation


Social media giant Facebook says it will change its stance on ads for cryptocurrency and blockchain technology-powered solutions, less than a year and a half after it effectively closed the door to crypto ads. Facebook’s unequivocal ban, imposed in January 2018, did not last long. In June 2018,...

Bitcoin Moves Above USD 6,000, For How Long? (UPDATED)


After briefly spiking above the USD 6,000 level earlier in May, the most popular cryptocurrency, Bitcoin touched USD 6,100 on Thursday morning (UTC time). (Updated on 06:50 UTC: price information has been updated, a new comment (in bold) and other reactions have been added.) At pixel time,...

Bitstamp Snatches Coinbase Insider as Operator Sale Looms


Cryptocurrency exchange Bitstamp has appointed Hunter Merghart, Coinbase’s former chief of trading, as the new head of its American operations. Hunter Merghart. Source: Twitter, @HunterBM Merghart’s track record includes the development of Coinbase’s over-the-counter (OTC) trading operations,...

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