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Bitcoin Being Traded At Premium In Crisis-Hit Argentina And Hong Kong, Comes To Rescue From Devaluation
14.8.2019
Bitcoin (BTC) has proven to be of tremendous value in crisis-hit countries, with live examples like Venezuela. The South American country, which had been in socioeconomic and political turmoil, saw accelerating demand for Bitcoin, as it was viewed as a safe asset to park wealth. A similar story...
Bitcoin Price Analysis: Bears Usher BTC Price Even Below $10500
14.8.2019
Bitcoin sees major price fall over a day, has stepped down well below $11,000 BTC has even broken below $10500, recently possessed price range above $10,400 Bitcoin has formed support level near $10,351.73 and the coin rebounded above $10,500 Currently BTC is correcting after the rebound Bitcoin...
Bitcoin Vs. Ripple: Both Bitcoin (BTC) & Ripple (XRP) Are On A Slippery Slope; Lost Significantly Overnight
14.8.2019
Bitcoin loses 6.5% whereas Ripple is down by 1.43% in the last 24 hours. Bitcoin has a higher chance of turning around its situation than XRP. There has been a blood bath for Bitcoin and Ripple over the last 24 hours. And this time, Bitcoin seems in a worse position than Ripple. Bitcoin has lost...
Bitcoin (BTC), Instead Of Recovering, Falls Below $11,000; Will This Be An Extended Price Dip?
14.8.2019
Bitcoin slid below $11,000, even below its major support level. BTC to take a U-turn or is it just a regular bump in the road? BTC to USD graph appears bearish. Just when we thought that Bitcoin would make an unexceptional leap towards $12,000 and beyond; to our surprise, it slid below $11,000....
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
Bitcoin Price Analysis: BTC Falls Way Below $11,000; No Signs of Recovery for Now
14.8.2019
Bitcoin falls below 11,000 USD with no signs of recovery for now. Bitcoin has shown six major price swings in the last 30 days and the price range lies between 9100 USD and 12,200 USD. Bitcoin has made its investors mourn over the last 24 hours as the coin has gone below 11,000 USD. It …
The...
Bitpay Introduces Identity Verification Process for High-value Payment of $3K And Above
14.8.2019
Bitpay, a Cryptocurrency payment processor, is introducing a new identity verification process for certain high-value payments, payouts, and refunds. The new process does not make any difference to the individual to individual payments utilizing the BitPay and Copay applications. Cryptocurrency...
Investors to Get Bitcoin Refunds from Poloniex for May Flash Crash
14.8.2019
Poloniex has announced that it will be covering the losses incurred by investors during the flash crash that took place in May. The trading fees will be credited to lenders who lost big funds in the May market slump that involved the dubious digital currency ClAMS. As per the official blog post...
Bitex Crypto Exchange Partners With Bantotal In Latin America, Over 60 Banks Can Now Use Bitcoin
14.8.2019
In a breakthrough for the crypto industry in Latin America, popular crypto exchange Bitex has entered in partnership with a prominent banking service provider in the region, Bantotal. The latter has a presence in 14 Latin countries, which will give Bitex an unparalleled exposure. Uruguay based...
Say Hi to ‘Smart Beta BTC Index,’ launched by IDX Insights
14.8.2019
Here is the brand new launch by IDX Insights- the ‘smart beta BTC Index.’ It is basically a crypto index that makes use of smart beta construction method. The objective is to offer a controlled risk allocation and therefore, control volatility of the crypto assets. The IDX crypto Index is aiming...
SEC Reserves Its Decision on Exchange-Traded Fund Applications
13.8.2019
In a decision that could further impact the value of Bitcoin and other cryptocurrencies, the security and exchange commission (SEC) has reserved the decision to grant permission to three exchange-traded funds (ETF) in the US. The regulatory body also reserved the decision regarding rule changes...
Ethereum vs Bitcoin: BTC Takes Downward Price Shift Over A Week; ETH Responds
13.8.2019
Bitcoin awaits a strong price recovery since the last 3 days, Ethereum follows the suit BTC price has stepped down remarkably over the last 5 days, shifted from $11,886 to $11,272 Bitcoin has traced a bearish trendline while it appears on the way of mild price recovery ETH also is in hassle...
Bitcoin Price Analysis: BTC Rebounds After Steady Fall Below $11,200
13.8.2019
Bitcoin has recently started an upward price move against U.S.Dollar BTC seems to have support near $11,193, price starts to recover from there The bearish trendline has been breached near the mentioned support level of $11,193 Bitcoin has been going through quite a bearish phase since many days...
Final Decisions on Two BTC ETFs in October May Not Be Final After All
13.8.2019
It seems that the crypto industry's struggle to finally have a Bitcoin ETF (exchange-traded fund) approved by the U.S. Securities and Exchange Commission (SEC) may not end with final decisions on two ETFs in October even if they are negative.
The SEC confirmed yesterday that it once again delayed...
Venezuela National Lottery will Reward the Winners in BTC and Country’s Native Crypto- Petro
13.8.2019
The crypto is enjoying special attention in South America. The people from Argentina are paying a premium for cryptos. On the other hand, there are crypto prizes being offered in the Venezuelan national lottery. The interest in the cryptos is getting stronger, especially when the election’s results...
Bitcoin Vs. Ripple: Bitcoin (BTC) & Ripple (XRP) Exhibit Concurrent Movements; No Budging in 24 Hours
13.8.2019
BTC and XRP are down by almost 1% each in the last 24 hours. Bitcoin is likely to run in the short-term, whereas Ripple’s turnaround may take more time. BTC and XRP are the two of the top-ranked coins in the market, and none of them could manage to show any growth over the last …
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Max Keiser Makes Controversial Claim That Bitcoin Could Prevent 9/11 Attacks
13.8.2019
While we’re just a month away from the 18th Anniversary of the terror attacks of 9th September 2001, a tweet from Heisenberg Capital co-founder and CEO, Max Keiser has created great controversy. In his tweet a couple of days ago, Keiser claimed that Bitcoin could’ve prevented 9/11, had Satoshi...
Bitcoin (BTC) Remains Stagnant Below $11,400, Exhibits No Sign of Recovery At Present
13.8.2019
Bitcoin pulls back with a similar speed just as it bounced beyond $12,000. Although, the staying power beyond $12,000 remains less and BTC slides down. But this time maintains a range above $11,000, even though with a bearish outlook. Bitcoin has failed to remain above $12,000 since past 1-week...
Bitcoin Price: Gold Breakout Could Jolt BTC Above $12K, Say Analysts
13.8.2019
Bitcoin price unfazed and trading flat above $11,000 after SEC delays decision on three Bitcoin ETFs
Bitcoin Price Analysis: BTC’s Recent Stagnation May Delay its Target of $12,000
13.8.2019
Bitcoin may take some more time to show a rally like June. This current stagnation of the coin near 11,400 USD may delay the onset of 12,000 USD. Bitcoin, since the starting of this year, has shown tremendous strength in comparison with the year 2018. Though the initial few months were sluggish...