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Bitcoin and Altcoins Turn Red, Upsides Likely To Remain Capped


After multiple failures to clear the USD 9,850 and USD 10,000 resistance levels, bitcoin price reacted to the downside. BTC broke many important supports near USD 9,550 and declined close to 7%. It tested the USD 9,050 support zone and currently (9:20 UTC) correcting higher. Similarly, most major...

S2F Bitcoin Price Model Gets 'Red Dot,' McAfee Bashes His USD 1M 'Nonsense'


The disputed bitcoin (BTC) stock-to-flow model has once again been updated with a new data point, this time indicating that the new bull cycle has seemingly begun and BTC might reach USD 100,000 in a year. Posting on Twitter Monday morning, the model’s pseudonymous creator, PlanB, said that a “red...

Red Lever Pulled on Bitcoin-Ethereum Bridge Two Days Post-Launch


tBTC - Bitcoin (BTC) on Ethereum (ETH) project by venture production studio Thesis - was put to sleep just two days after its launch on the mainnet. tBTC is a project meant to bridge Bitcoin and Ethereum by allowing BTC owners to access decentralized financial applications that run on Ethereum...

Spanish Red Cross Rejects Crypto While Italians Raise USD 20K in Bitcoin


Italy and Spain are two of the countries worst hit by the coronavirus pandemic, and perhaps two of the countries whose health workers are now in most pressing need of financial support. But the Red Cross organizations in both countries are taking a very different approach to cryptocurrency...

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It


Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...

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