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Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report
8.1.2020
Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....
Google Trends Sees ‘Bitcoin Iran’ Surge 4,500% on Safe Haven Narrative
8.1.2020
Google search interest in both Bitcoin and its relationship to Iran has exploded this week, but analysts remain skeptical
BTC Hits Major Resistance at $8k; Manifests Possibility to Breach $10k
8.1.2020
Bitcoin (BTC), at the time of writing, was trading at $8,324.48 and is seen trading in the green with an intraday bullish move. Just when we thought that we are losing on BTC investments, the king of the cryptocurrencies started to show its power. After a despairing latter half of the bygone year...
Binance Donates $1 Million in Crypto for Australian Bushfire Relief
8.1.2020
The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent...
Report: Cryptocurrencies Show Signs of Maturing But Remain Too Risky
8.1.2020
Volatility and correlation decreased for Bitcoin, but crypto markets remain less profitable than stocks when adjusted for risk
Bitcoin Still Uncorrelated with Gold & Stocks; A New Trend Emerging?
8.1.2020
Bitcoin (BTC), the best performing asset of the last decade, ended 2019 on a far better note than both gold and the U.S. S&P 500 stock index, while still remaining uncorrelated to traditional assets, a new report from crypto exchange operator SFOX noted. However, there might be a new trend forming...
Bitcoin May Follow Gold With Significant Price Breakout
8.1.2020
Bitcoin looks set to take a page out of gold's book and confirm a price breakout on the weekly chart
‘Cryptocultists’ May Stop Bitcoin Bull Market — Trader Who Called $20K
8.1.2020
Peter Brandt does not dismiss the potential for a Bitcoin bull market, months after sub-$3,000 price warning
Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial
8.1.2020
The directors of an alleged cryptocurrency pyramid scheme in Uganda have appeared in court to face 65 counts tied to obtaining money by false pretense
Bitcoin and Altcoins Remain in Positive Area Despite Correction
8.1.2020
Bitcoin price remained in a strong uptrend and it was able to climb above the USD 8,000 and USD 8,200 resistance levels. As a result, there was a solid rise towards USD 8,500 resistance before the price started a downside correction. On the downside, there are many supports near USD 8,200 and...
The 'January Effect' Pushes Bitcoin Above USD 8K, While Alts Drop Against BTC
8.1.2020
Source: iStock/da-kuk
After another strong rally on Tuesday, the most popular cryptocurrency, bitcoin (BTC) is back above USD 8,000 again, increasing its gains this year to more than 15%. Meanwhile, all major altcoins are in red against BTC today.
At pixel time (08:49 UTC), BTC trades at c....
bloXroute Resolves Bitcoin Scalability Issues Through Network Layer Processing
8.1.2020
New Year 2020 has made its rocking start with the world going crazy as it is the start of a new exciting decade opening new doors to success and achievements. For the crypto industry, the past decade had been quite exciting as Bitcoin gained popularity and acceptance from the industrial domain....
Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
8.1.2020
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...
Bitcoin Price Rockets to $8,450 as Iran Attacks U.S. Bases in Iraq
8.1.2020
The looming threat of war between the U.S. and Iran pushed commodity prices to record highs and Bitcoin price appears close to confirming a trend reversal near $8.5K
Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
8.1.2020
Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....
Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack
8.1.2020
Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly
Kraken Reveals 49% Increase in Law Enforcement Investigations
8.1.2020
The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further...
Honk Launches Token Sale to Fund SLP-Powered Sports Betting Site
8.1.2020
The team behind one of the most active tokens in the SLP ecosystem is launching a crowd sale to fund the development of a new sports betting site. The platform will require no identification from either users or investors, and will pay dividends directly in bitcoin cash and a number of supported...
Libra Association Exec: World Needs Us Because Bitcoin Is ‘Not a Means of Payment’
7.1.2020
Libra Association Vice Chair Dante Disparte spoke at the Digital Money Forum at CES 2020, arguing for Libra's advantages over other bitcoin