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Bitcoin (BTC) Makes Constant Efforts To Rise And Cross $11,000; Bouncing Back From The Bears It Was Facing
16.7.2019
Bitcoin was slumping for the past 3 days and is now moving towards having a better outlook. Bitcoin grows above the baseline and has already overcome $10,300 and $10,500 price marks, that served as the major resistances while correcting upsides. As per the current upward momentum, Bitcoin...
Is the US Government Finally Accepting that Bitcoin is a Threat to the USD?
16.7.2019
No matter how much we deny it, Bitcoin is the future of global trade, and will most probably dethrone the current dominant currency, the US Dollar. While the world of crypto and quite a few economists believe this, the US never reacted to crypto until recently. However, in the past few weeks,...
PR: Bitcoin.com Wallet Joins Blockchain Consortium FIO
16.7.2019
Bitcoin.com wallet, the official wallet of Bitcoin.com, has joined the Foundation for Interwallet Operability (FIO) in a move that will assist the wave of new users who are expected to join cryptocurrency markets as a result of June’s recent coin and token price increase.
The post PR: Bitcoin.com...
Bitcoin and Altcoins Recovery Could Accelerate if BTC Breaks USD 11K
16.7.2019
There was a significant decline in bitcoin and altcoins in the past three days. BTC/USD even tested the USD 9,800 level and recently formed a support base near USD 10,000. As a result, the price started an upside correction and broke the USD 10,400 and USD 10,600 resistance levels. Similarly, there...
Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
Bitcoin Price Analysis: Amidst Zig-zag Movements Bitcoin (BTC) Confirms a Possible Price Rally
16.7.2019
Bitcoin has been playing hide and seek in the market. After a full day of shocking decline in the price, the coin has gained some value in the last 24 hours. Bitcoin’s growth has been almost certain, but the time period it will take to grow is the major concern for investors. From last...
Bitcoin Cash Multi-Party Escrow, Retail Adoption, and Upgrade Discussions
15.7.2019
Another week has passed for the Bitcoin Cash (BCH) community and as usual, there’s been a bunch of announcements and developments. BCH supporters this week saw the release of a multi-party onchain escrow system, Ethereum cofounder Vitalik Buterin discussed using the BCH chain as a data layer...
Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
15.7.2019
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light...
Can Donald Trump Ban Bitcoin and Cryptocurrencies?
15.7.2019
Source: Twitter, @realDonaldTrump
The President of the United States, Donald Trump, can theoretically go after Bitcoin and cryptocurrencies but in reality, such a ban is highly unlikely, according to a recent discussion in the cryptoland.
The discussion was sparked by the Trump’s tweetstorm where...
Bitcoin Price Analysis: BTC Hovers Around its Key Support of $10,000
15.7.2019
Since the last 5 days, BTC price is trading with a strong bearish effect as the coin dropped from $12000 and was trading around $11,000. However, recently Bitcoin has seen extended price fall causing it to float around $10,000, its crucial support level. In the last 24 hours, Bitcoin price has even...
Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings
15.7.2019
Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?
Binance CEO Warns About Bitcoin and Crypto, Says Lack of Institutional Adoption A Worry
15.7.2019
Binance co-founder and CEO Changpeng Zhao, popularly known as CZ, is considered as one of the most sane minds of the crypto industry, and certainly one of the most credible ones. He is known to react little to what others say or do, until and unless it is too serious. For instance, when Craig...
Switcheo Unveils New Wrapped Bitcoin Markets
15.7.2019
Switcheo has announced its decision of adding Wrapped Bitcoin Markets, referred to as WBTC, to its DEX (decentralized crypto exchange). Switcheo made an official announcement through their blog post on Medium on 8th July 2019. Switcheo Network also posted a tweet on the same day, updating...
Experts Continue To Predict Strong Growth Despite Market Downfall After Trump’s Bitcoin Cameo
15.7.2019
Crypto market got its biggest shock in a long time when US President Donald Trump jumped into the crypto war, criticizing Bitcoin and other cryptocurrencies. He accused Bitcoin of helping anti-social activities like drug trafficking. The big guns of crypto fraternity took no time and reacted...
Buterin’s 'Ethereum+Bitcoin Cash' Scalability Solution Draws Criticism
15.7.2019
Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com
A new Ethereum scalability solution, which would include using the Bitcoin Cash (BCH) blockchain as the data layer, proposed by Ethereum co-founder Vitalik Buterin, was met with a wave of criticism....
Bitcoin (BTC) Bulls in Revision, Slips Below $10,300
15.7.2019
Bitcoin exhibits a slumping stride in the past 24 hours. Just when we thought that Bitcoin would have a real price rally this time, it started dropping in the price correction phase. However, Bitcoin Bull Run is not getting over at the earliest hour, since it is immortal for the crypto community...
John McAfee Still Confident About $1 Million Bitcoin Prediction, Even After Drastic Fall
15.7.2019
Bitcoin‘s volatility continues to haunt, as the coin closed at the lowest on Sunday since June 23, at $10,234. However, John McAfee feels that investors shouldn’t be bothered about these fluctuations. He also said that he was still positive about his prediction that Bitcoin will touch the...
Bitcoin Vs. Ripple: Bitcoin (BTC) Seems Bleak; Ripple (XRP) Has Chances of Sudden Push
15.7.2019
Bitcoin and Ripple have shown four price swings each in the last 5 days. Both the coin will have bullish run in the near future. Bitcoin, the king of all the coins in the market, has shown its mettle in the last few months’ progress. However, its impact can be seen on almost all other...
PR: Cred and Bitcoin.com Join Forces to Boost Crypto Lending
15.7.2019
By John Yearwood Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com...
Bitcoin and Altcoins Trend Turns Bearish
15.7.2019
This past week, bitcoin and altcoins struggled to continue higher. BTC/USD topped near the USD 13,000 resistance area and recently started a significant downward move below USD 12,000 and USD 11,000. The price dipped more than USD 1,000 in a few hours and tested the USD 10,000 support area....