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Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K
7.6.2019
Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend.
Price Turbulence May Pull Down The Upwards Momentum Of Bitcoin (BTC) To $5,400
7.6.2019
Happy days don’t last long. This New Year has proved to be a lucky time for the crypto industry like BTC and other cryptocurrencies after the long grips of the bear market last year. BTC, along with other cryptos, had been enjoying an upwards momentum since the past several months. But a break...
Bitcoin Cash Price Analysis: Greenpages.cash Adds Bitcoin Cash on its Directory, Medium-term Outlook is Bullish
7.6.2019
cash adds a directory of merchants accepting Bitcoin Cash (BCH). The 2019 prediction target should remain at $850. Cryptocurrencies have been successful in reaching people all across the globe. But the one thing which it lags at is its market place. The true value of any Cryptocurrency is evaluated...
Bitcoin Price Analysis: Increased Interest on Bitcoin from Silicon Valley May Push the Price to Previous High
7.6.2019
Apple has recently launched iOS 13. It caters a new cryptographic developer tool. The medium-term bullish outlook places the coin at $12,000. There is nothing bigger for any crypto coin than getting recognized by huge MNCs. Recently, Apple has released its flagship iOS 13 software, and in that...
Bitcoin and Altcoins Staging a Comeback
7.6.2019
Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...
Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...
Blockstream Developers Alleged to Earn $850K Per Year
7.6.2019
There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price...
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
7.6.2019
Margin lenders on crypto exchange Poloniex have lost around $13.5 million due to a flash crash
US Congressman Seeks Tax Clarity for Cryptocurrencies
6.6.2019
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses
Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price
6.6.2019
A study on cryptocurrency discussions on Reddit has been published by the University of Notre Dame and the Pacific Northwest National Laboratory
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Major Coins See Red Following Reports That FOMO Fueled May’s Rally
6.6.2019
Crypto markets see red following reports that May’s rally was fueled by fear of missing out
SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
6.6.2019
Custody and market manipulation need to be dealt with before a cryptocurrency ETF can be approved, said SEC Chairman Jay Clayton
Egypt Lays Out Path for a Crypto Future With Draft Law
6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
6.6.2019
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February
Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
6.6.2019
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
SEC Confirms Ethereum As Legal Usable Currency, Terms KIN Token As Securities In A Lawsuit
6.6.2019
The legality of Bitcoin and Ethereum as a legit currency has been under the scanner for a long time. However, speculations were ended on June 5, when the Securities and Exchange Commission (SEC) confirmed Ethereum as a legal tender and usable foreign currency. In a lawsuit against Kik’s (KIN)...
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies