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Bitcoin and Altcoins Could End November In Bullish Zone


In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels. Similarly, there are positive signs emerging...

Coinbase Patents AI Compliance System to Monitor and Flag Accounts


Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...

Bitcoin (BTC) Bounces Back, Swing Traders Paradise!


Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry


A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...

Happy Thanksgiving, Mr. Robot! Here's Some Bitcoin For You


If it’s crypto-related, the crypto fans will notice it. Bitcoiners saw a Bitcoin (BTC) address in popular TV series Mr. Robot and, in the spirit of Thanksgiving, have actually sent some of the world’s number one cryptocurrency to it. For those of you who haven’t seen it yet, Mr. Robbot is a...

US Government Worried Crypto Can Shift Power to Private Sector


Cryptocurrency is one of the top issues for the U.S. Treasury. Particularly, the Treasury is worried decentralized cryptocurrencies can shift some functions away from the government to the private sector and raise the issue of self-government, according to Deputy Secretary of the Treasury Justin...

Bitcoin ATMs Installed at 5 Major Malls in the US


After installing a bitcoin ATM at Miami International Airport, Bitstop installed cryptocurrency ATMs at five major malls in multiple U.S. states. The malls are operated by Simon Property Group, the biggest shopping mall operator in the country. Customers can buy bitcoin while doing their Black...

Bakkt Smashes Another Bitcoin Futures Record, But There is a ‘But’


Source: iStock/Sergey_P Bakkt, the recently launched U.S.-based physically-settled Bitcoin futures trading platform, has set another record, but it came with one 'but.' Even though Bitcoin (BTC) dropped in November, the platform announced that two months after the launch of Bakkt Bitcoin Futures...

Bitcoin (BTC) Trades Above $7,500; Is this a Reliable Bull Trend?


Bitcoin, this time hits the major resistance level at $7,500 instead of just battling with supports BTC price took a leap above $7,600 as well, after nearly five trading days—when it was correcting downwards, but this time it seems to be spiking Bitcoin trading price is now supported by...

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