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Bitcoin Bulls Weaken as it Hits a 30-day Low; What’s More in the Trunk?
27.2.2020
Bitcoin (BTC) plummets to $9,000 and even below the incredible support at $8,700 over the past 24 hours. As the king of crypto nosedives below the former major support, i.e., $9,500, $9,450 and $9,000, we can anticipate an onset of a bear market. The bulls are seen weakening as BTC hits a fresh...
Bitcoin Erases February’s Gains, BTC Price Sinks Below $8,700
27.2.2020
Bears are now in control of the crypto market as investors are not viewing the current sharp pullback as a purchasing opportunity
Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
26.2.2020
Several major cryptocurrencies have reached critical support levels, leading investors to anticipating an oversold bounce
Ransomware Hacks Cost Victims $144M in BTC Over Last 6 Years, FBI Says
26.2.2020
Ransomware has cornered victims into paying $144 million in Bitcoin since 2013
Bitcoin in INR: Binance, Wazirx, Cashaa, Zebpay Announce New Offers for India
26.2.2020
Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair...
Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest
26.2.2020
The world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days....
Bitcoin History Part 24: Celebrating the First Halving in 2012
25.2.2020
As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To commemorate the milestone, early adopters threw parties...
Will Bitcoin Breach $10,000 this Week Again?
25.2.2020
Amid the still growing fears of Coronavirus, strong and frequent price predictions of BTC are making rounds in the market considering the upcoming Bitcoin halving. Meanwhile, the coin itself is maintaining suspense as it is neither crossing $10,000 with a strong rally nor is it showing...
Quoine Found Guilty of Breach of Contract in BTC 3,902 Trade Reversals
25.2.2020
Pediment sculpture of the Old Supreme Court, City hall Singapore. Singapore’s Court of Appeal has ruled that the cryptocurrency exchange operator Quoine wrongfully reversed a number of trades made on its platform – and is set to order it to pay compensation.
Per the Straits Times, the court refused...
Can Bitcoin Play a Role in Deteriorating Global Politics?
25.2.2020
Bitcoin is one of the most valuable financial assets in the world, and despite the growth slowing down in recent months, its market continues to expand globally. However, politicians across the globe have had polarizing views on Bitcoin and crypto in general, as some see it as a threat to their...
Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
25.2.2020
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s...
Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun
24.2.2020
“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire...
Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
24.2.2020
The failure to resume the uptrend shows traders are booking profits instead of buying and this could drag crypto prices lower over the short term
US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets
24.2.2020
The U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and...
Bitcoin Consolidates Below $10k for 5th Day in the Row
24.2.2020
Bitcoin (BTC), at the time of penning down the analysis, continued to trade below $10,000 for the 5th day in the row BTC/USD continue to face the pullback as it currently trades at $9,833 on Coinbase The coin retains immediate support from the 10-day daily MA followed by 50-day and 200-day...
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Half of Predictions Are Right Half the Time — BTC’s Halving Divides Opinions
23.2.2020
Does 2020’s halving-related BTC price growth have any real value or is it just FOMO?
Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor
22.2.2020
The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s...
BTC Crash, Fraud and Anti-Hodling: Bad Crypto News of the Week
22.2.2020
Tired of reading? Listen to the bad crypto news of the past week instead
Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects
22.2.2020
China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also...