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Price Analysis Feb 21: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
21.2.2020
The broad-based move in cryptocurrencies might be over and the market is likely to be selective in the next leg of the up move
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost
21.2.2020
Irish drug trafficker claims he lost the keys for BTC wallets worth $56 million, confiscated by the police in connection with his recent arrest
Bitcoin (BTC) Impressively and Bullishly Inclines Towards $9,800
21.2.2020
Bitcoin, at the time of writing, was trading above $9,700 and observing a price accumulation after hitting the weekly lowest at $9,200. However, if the coin witnesses even gradual lows within the accumulation, the price of interest would be $9,300 and $9,000 within $9k to $10k. You should be aware...
Bitcoin (BTC) Impressively and Bullishly Inclines Towards $9,800
21.2.2020
Bitcoin, at the time of writing, was trading above $9,700 and observing a price accumulation after hitting the weekly lowest at $9,200. However, if the coin witnesses even gradual lows within the accumulation, the price of interest would be $9,300 and $9,000 within $9k to $10k. You should be aware...
Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years
20.2.2020
Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest...
Bitcoin Corrects Above the Steep Low Price and Appears Bullish
20.2.2020
Bitcoin (BTC), at the time of penning down, was seen accumulating below 38.20% Fib Level and above the weekly low at $9,580.20 BTC/USD lacks support from the 200-day daily MA while the 50-day MA is providing an immediate support This time the correction below $10,000 has led the coin to test...
Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam
20.2.2020
With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other...
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
20.2.2020
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator...
BTC Price Plummets $800 in an Hour
20.2.2020
Today’s Bitcoin flash crash also wiped 5% or more off most of the top 20 cryptocurrencies
Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
19.2.2020
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also...
Price Analysis Feb 19: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
19.2.2020
After the recent correction and recovery, several major cryptocurrencies appear to be consolidating before resuming their uptrend
Bitcoin-Only Exchange Coinfloor Now Focuses on Consumer BTC Services
19.2.2020
After going Bitcoin-only, U.K.’s oldest crypto exchange Coinfloor starts promoting “no BS” approach in crypto
Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium
19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...
Bitcoin Hints Towards a Massive Price Rally; Trades Above $10k
19.2.2020
Bitcoin (BTC), at the time of writing this analysis, was trading above $10,200 after having a sluggish trend for the past 5 days when the coin tested supports at $9,600 and $9,700. Moreover, the “golden crossover” on the daily chart is hinting towards a hefty Bull Run and today, the coin rises...
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
19.2.2020
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to...
Bitcoin Gets Ready for a Massive Bull Run; Awaits “Golden Crossover”
18.2.2020
Bitcoin (BTC) exhibits strong signals of utterly bullish crossover even though it trades below $10,000 for the 4th day in the row. However, this happens to be an anticipated fall after the BTC price faced a strong rejection above $10,500 and is seen consolidating downwards to have a persistent...
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Has Bitcoin Reached a Saturation Level?
18.2.2020
The crypto market is extremely volatile and has seen some of the financial world’s most dramatic ups and downs. It was a significant bull run in 2017 when it topped the charts at a whopping $20,000 in December. However, the market couldn’t sustain the price and nosedived in the following year....
Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods
18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...