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Bitcoin Struggling While Altcoins Climb Higher
17.9.2019
Yesterday, there was a minor decline in bitcoin price below the USD 10,250 support. BTC/USD is now trading below the USD 10,200, with a few bearish signs. On the other hand, a few major altcoins climbed higher, including ethereum, ripple, BCH, litecoin, cardano and TRX. ETH/USD is up around 2%...
Bitcoin Perhaps More Dependent on Governments than Many Think
16.9.2019
Saifedean Ammous, an economist and the author of The Bitcoin Standard, argues that the world’s most popular cryptocurrency may depend more on the government than we think. But there are good news for Bitcoin (BTC) too.
Ammous gave a presentation on “How to really kill Bitcoin” at the Baltic...
50+ Positive Catalysts on Bitcoin's Horizon by Murad Mahmudov
14.9.2019
On Saturday, at the Baltic Honeybadger conference in Riga, Latvia, Murad Mahmudov, the head of investments at crypto hedge fund Adaptive Capital, shared more than 50 catalysts that, according to him, are tailwinds for Bitcoin's growth, adoption, and price appreciation.
According to Mahmudov,...
Bitcoin and Altcoins Showing Positive Moves
13.9.2019
In the past few days, we saw bearish moves in bitcoin below USD 10,200. BTC/USD even spiked below the USD 10,000 support on a couple of times. However, the bulls managed to protect any nasty drops below the USD 10,000 level. As a result, there was a fresh recovery initiated recently, and the price...
CME Wants to Double Its Monthly BTC Futures Trading Cap to USD 100M
13.9.2019
The Chicago Mercantile Exchange (CME Group) has announced that it intends to double its monthly Bitcoin futures trading cap to BTC 10,000 (USD 103 million) – and has already asked America’s Commodity Futures Trading Commission (CFTC) for regulatory permission.
Currently, individual investors...
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...