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Bitcoin and Altcoins Remain at Risk of More Declines
12.9.2019
This week, bitcoin price struggled and settled below the main USD 10,500 support area. BTC/USD even broke the USD 10,400 and USD 10,250 support levels, which are now acting as resistances. Conversely, there was a minor recovery in major altcoins, including ethereum, ripple, BCH, litecoin and EOS....
New Data Gives Unprecedented Insight Into How Iranians Are Using Bitcoin
11.9.2019
Iranian bitcoin users are earning a significant portion of their income in crypto, and hodling for the long haul
Bitcoin Drops to USD 10K, Altcoins Struggle to Gain Bullish Momentum
11.9.2019
In the past few sessions, there was an increase in selling pressure on bitcoin below USD 10,400 and USD 10,300. BTC/USD even broke the key USD 10,250 support area to enter a negative zone. It dragged most major altcoins, including ethereum, ripple, BCH, litecoin, TRX and EOS. ETH/USD broke the...
You Can Now Buy Lightning-Powered Bitcoin With a Credit Card
10.9.2019
Payments startup Breez has unveiled a new feature allowing lightning-based bitcoin purchases directly from its mobile app
Trezor Introduces Bitcoin-Only Firmware
10.9.2019
All interested users can now download the Bitcoin-only firmware by SatoshiLabs, creator of the hardware wallet Trezor, the company said.
When it comes to this “customized version” of the wallet and the firmware, what is currently available is the beta version of the firmware, which is a permanent...
Bitcoin Consolidating Losses While Altcoins Rebounding
10.9.2019
In the past few sessions, bitcoin price faced an increase in selling pressure below USD 10,500. The BTC/USD pair even broke the USD 10,250 support level and traded close to the USD 10,000 support. On the other hand, most major altcoins started a recovery, including ethereum, ripple, BCH, litecoin...
Crypto Market Sentiment Recovering; Bitcoin is Back in Positive Zone
9.9.2019
Source: iStock/da-kuk
This week, we find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization, at 5.26, up from last week’s 4.46, according to Omenics, a crypto market sentiment analysis service.
There are no coins in the negative range this week....
Huobi Confirms That USD 1B Transaction Did Not Include Their Own BTC
9.9.2019
Source: iStock/D-Keine
The recent transfer of more than 94,500 bitcoins, worth USD 1 billion at the time, sent crypto twitter into a theorizing frenzy, trying to figure out who could be behind this and why. We now know that cryptocurrency exchange Huobi’s funds are not a part of it.
As previously...
Bitcoin Millionaire Jumps From Window to Escape Burglar
9.9.2019
A previously unknown event in Norway should serve as a reminder to all crypto holders to secure not only their funds but to take care of their personal security also.
According to Norwegian broadcaster TV2, a high-profile local bitcoin investor in his forties barely got away from a robbery in...
Bitcoin and Altcoins Correct Lower
9.9.2019
This past week, there was an upward move in bitcoin price above the USD 10,500 resistance. BTC/USD even broke the USD 10,800 resistance and traded close to the USD 11,000 level. A swing high was formed near USD 10,950 before the price started a downside correction. The price is now (08:00 UTC)...
Bitcoin-Yuan Divergence Reached New Heights
6.9.2019
Bitcoin-yuan divergence reached new heights, once again fueling speculations that Chinese are possibly seeking safety in the world's largest decentralized cryptocurrency.
Bitcoin and yuan have been going to different directions for a while now, and their inverse correlation has reached a record...
Leadership Shakeup at Wasabi Wallet as Bitcoin Business Surges
6.9.2019
Adam Ficsor, co-founder of the firm behind the privacy-centric Wasabi Wallet, is stepping down from his role as CTO
Who Just Moved USD 1 Billion in Bitcoin?
6.9.2019
Source: iStock/Marie-Elizabeth Mali
More than 94,500 bitcoins (USD 1 billion) were on the move Friday morning, causing a ruckus on the crypto Twitter. Such a transaction constitutes one of the largest wealth transfers recorded on the Bitcoin blockchain. According to the transaction tracker Whale...
Bitcoin Extending Gains While Altcoins Consolidate and Struggle
4.9.2019
Yesterday, we saw a strong upward move in bitcoin price above the USD 10,350 resistance level. Later, there was a downside correction, but BTC/USD remained well bid and later climbed above the USD 10,500 resistance level. However, most major altcoins struggled to continue higher and currently...
Auditor, Bank and Sports Platform Turn to Bitcoin, Crypto Payments
4.9.2019
Companies are continuing to turn to Bitcoin as a form of payment, with a leading global auditor and an American sports and entertainment platform opening their doors for BTC-holding customers. Moreover, a 176-year-old Norwegian bank has invested in a crypto exchange.
Auditor PwC Luxembourg...
Another Bitcoin-ETF Workaround Found, Creators Hope It'll Work
3.9.2019
Source: iStock/Photographer, Filmmaker, Designer
On Thursday, U.S.-based Van Eck Securities Corp. and SolidX Management LLC plan to start selling shares in a limited version of a crypto exchange-traded fund (ETF), The Wall Street Journal reported, citing both companies.
They are employing a rule...
Bitcoin Rallies Above USD 10K, Takes Bigger Share Of Crypto Market
3.9.2019
Source: iStock/in-future
After trading below USD 10,000 for almost a week, the most popular cryptocurrency, bitcoin has returned above this level one more time. While the absolute majority of other coins are also in green, bitcoin's dominance increased.
At pixel time (03:58 UTC), bitcoin trades...
Bitcoin Wedge Pattern May Lead to New ‘Parabolic Phase’: Analysts
2.9.2019
Chart analysts seem to be turning increasingly bullish on bitcoin, as several different approaches all suggest higher bitcoin prices may be right around the corner.
Global Macro Investor founder Raoul Paul shared a bitcoin chart along with some encouraging words to all bitcoin holders...
Bitcoin and Altcoins Rebound Could Face Resistance
2.9.2019
This past week, we saw a downside extension in bitcoin price below the USD 10,000 and USD 9,750 support levels. BTC/USD even broke USD 9,500 and traded close to USD 9,300. Recently, the price started an upside correction, above USD 9,500, but it is facing a lot of hurdles on the upside near the...
Bitcoin and Altcoins Could Correct Higher in Short Term
30.8.2019
Recently, we saw a decline in bitcoin price below the USD 9,750 support area. BTC/USD even broke the USD 9,500 support and recently traded close to the USD 9,350 level. Similarly, there were sharp downsides in many major altcoins, including ethereum, ripple, bitcoin cash, EOS, tron, cardano...