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Bitcoin Prices Closely Linked to Big US Tech Stock, Says Analyst
15.6.2020
A fund manager has opined that there is a strong correlation between bitcoin (BTC) prices and the value of stocks in some of the United States most powerful IT giants – but warned that, like big tech stock, BTC might have to wait until the coronavirus pandemic has died down before its next...
Turkish Real Estate Firm Antalya Homes Now Supports Bitcoin Payments
15.6.2020
Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...
Introducing Wallex Custody, The Custodian Of The New Digital Era
15.6.2020
Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and...
BTC Transaction Fees Drop to Pre-Halving Level
15.6.2020
After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May.
On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...
Peer-to-Peer Bitcoin Marketplace Integrates With Major Exchange OKEx
15.6.2020
Major cryptocurrency exchange OKEx is integrating Paxful’s Kiosk and trading services into its platform
YouTube Bans Bitcoin.com's Account for 'Basically No Reason', Roger Ver Says
15.6.2020
YouTube seems to continue its shadow crackdown on cryptocurrency coverage, as it shuts down the official channel of Roger Ver's Bitcoin.com
South Korean Bitcoin Tax Amendments to Be Unveiled in July
15.6.2020
South Korean crypto tax legislation is set for a July rollout. The government appears to have settled on a means of ensuring citizens pay tax on their cryptoasset earnings – and will attempt to tax crypto “like real estate.”
Although it has yet to make a formal announcement on the matter, a number...
Ethereum's Vitalik Buterin Now Bitcoin Price Analyst Too
15.6.2020
Vitalik Buterin. Ethereum (ETH) Co-founder Vitalik Buterin keeps criticizing the stock-to-flow (S2F) model, though agreeing that a lack of correlation between the rise in bitcoin (BTC) price and the coin's halving isn't enough to do away with this popular and disputed model.
The theory that...
After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000
15.6.2020
Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400
Stocks, Exchanges and COVID-19: 5 Things to Watch in Bitcoin This Week
15.6.2020
Worries over a second wave of coronavirus are driving stocks down, with Bitcoin circling three-week price lows
Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests
15.6.2020
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks
Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat
15.6.2020
This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support.
Similarly, most...
Bitcoin, Stocks Fall Again as Risk-Off Sentiment Hits Market
15.6.2020
After the first wave of selling hit both bitcoin (BTC) and the stock markets before the weekend, round two for the bears may be about to kick in as the new week begins in the red for both markets again.
As of press time on Monday morning (09:19 UTC), bitcoin was down by 3% over the past 24 hours...
Encrypted Messaging Site Privnote Cloned to Steal Bitcoin
15.6.2020
The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals
Bitcoin Price Dips Below $9K Amid Heavy Stock Market Futures Losses
15.6.2020
Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks
Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
15.6.2020
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56
JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)
15.6.2020
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization
14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...