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Seven "Golden Crosses" Shine in the Top 10 as Bitcoin Enters the Club
18.2.2020
Source: iStock/Ivan-balvan
Just as the crypto market sees the first signs of a recovery after the weekend sell-off, several major cryptoassets are showing a highly bullish signal in their charts in the form of a so-called “golden cross.”
At the time of writing (8:50 UTC), a golden cross has formed...
Bitcoin Gets Ready for a Massive Bull Run; Awaits “Golden Crossover”
18.2.2020
Bitcoin (BTC) exhibits strong signals of utterly bullish crossover even though it trades below $10,000 for the 4th day in the row. However, this happens to be an anticipated fall after the BTC price faced a strong rejection above $10,500 and is seen consolidating downwards to have a persistent...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Has Bitcoin Reached a Saturation Level?
18.2.2020
The crypto market is extremely volatile and has seen some of the financial world’s most dramatic ups and downs. It was a significant bull run in 2017 when it topped the charts at a whopping $20,000 in December. However, the market couldn’t sustain the price and nosedived in the following year....
Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline
18.2.2020
While a long-term price indicator has flipped bullish, the cryptocurrency is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support
Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
18.2.2020
Bitcoin can net you “a lot of money” but isn’t actually money itself, says Bitcoin holder Peter Schiff
Bitcoin Consolidating Losses While Altcoins Start Fresh Increase
18.2.2020
Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area.
On the other hand, many...
Bitcoin Price ‘Golden Cross’ Hints at 170% Rally to $26K by Halving
18.2.2020
If this week’s golden cross pans out like the last, Bitcoin will hit $26,000 in the next two months
Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up
18.2.2020
Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in...
Bitmain’s Market Dominance Challenged by MicroBT
18.2.2020
The Bitcoin mining unit manufacturer rapidly expanded its market share in 2019
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...
DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’
18.2.2020
As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds...
Price Analysis Feb 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
17.2.2020
The current pullback has not altered the bullish structure of the charts meaning traders will look to buy major dips
Craig Wright Doubles Down on Satoshi Claim, Says Bitcoin Core Infringes His ‘Database Rights’
17.2.2020
The Australian entrepreneur who claims to be the inventor of bitcoin has suggested he might take legal action over claimed infringement of his intellectual property
50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires
17.2.2020
Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other...
Bitcoin Price Rally Over? Key $9.4K Support Zone Holds for Now
17.2.2020
Bitcoin needs to hold the $9.4K support in order to retake $10K and close the CME gap at $10,460
New Email Extortion Scam Targets Google’s AdSense, Demands Bitcoin
17.2.2020
A new email extortion scam demands BTC from AdSense users in exchange for preventing an attack
BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation
17.2.2020
Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about...
Europeans Launch Bitcoin Friendly POS Terminal + More News
17.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Payment solutions provider Ingenico has teamed up with Austrian fintech firm Salamantex to release a new POS terminal...