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Nalezeno "Bitcoin News": 6602

Bitcoin and Altcoins Bullish Acceleration Could Continue


Yesterday, there was a short term downside correction in bitcoin below the USD 8,700 level. BTC/USD even broke the USD 8,650 support level, but the USD 8,550 level acted as a strong support. As a result, the price bounced back and recovered above the USD 8,650 and USD 5,700 levels. More...

Bull Talk: Bitcoin at USD 20K, Tip Of The Iceberg, and Time Traveler


Andy Cheung, Head of Operations at crypto exchange OKEx and Sonny Singh, Chief Commercial Officer of the crypto payment processor BitPay joined the Bitcoin bull talk this week, while the cryptoverse got back to their favorite "time traveler" for an advice. "USD 20,000 is a conservative prediction...

Cryptoverse Rediscovers Bitcoin in Excel


The crypto community proved that "everything new is actually well-forgotten old" once again. After 5 months old Game of Thrones and VeganCoin news swept the cryptoverse last week, this time it is buzzing as several posts on Reddit and Twitter show Bitcoin among available currency options in Excel...

Why this Investor Thinks Bitcoin Will Hit USD 30,000 in 2019


Jehan Chu, co-founder of Kenetic Capital, a blockchain investment and advisory firm, believes that Bitcoin price will more than triple and hit USD 30,000 by the end of the year. Talking on Bloomberg Daybreak Asia, Jehan Chu said that the combination of three important factors will drive the price...

These 10 Crypto Exchanges Passed Wash Trading Test


Only 10 out 83 cryptocurrency exchanges, analyzed by crypto investment company Bitwise Asset Management, passed a test aimed to show if they were reporting systematically inflated bitcoin trading volumes. The 10 that passed, in the order of their average daily volume during April 2019 from...

Another Crypto Pop Pushes Bitcoin Close to USD 9,000, Altcoins Rally


Source: iStock/hocus-focus As the crypto market rallied sharply in the last hours of Sunday (UTC time), bitcoin reached its new high of 2019, altcoins followed the suit and the total market capitalization increased by almost 8% in the past 24 hours. At pixel time (04:42 UTC), the average price...

Yuan Depreciation Could Fuel an Epic Crypto Bull Market – Arthur Hayes


Similar to 2015, a sharp and sudden yuan depreciation could lead to the beginning of another "epic bull market," according to Arthur Hayes, co-founder & CEO of cryptocurrency trading platform BitMEX. In his recent digest, discussing the U.S. and Chinese economies, especially given the current trade...

Bitcoin and Altcoins Rebound, Market Cap up 6%


Yesterday, we saw a major downside correction in bitcoin and most major altcoins, including ethereum, ripple, bitcoin cash, EOS, litecoin, binance coin and tron. BTC/USD declined below USD 7,700 and later found a strong buying interest near the USD 7,500 level. As a result, the price bounced back...

American Telco Giant AT&T Starts Accepting Crypto Payments


AT&T claims it has become the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers. The company announced on Thursday that its subsidiary, AT&T Communications has partnered with major cryptocurrency payment processor BitPay in order to process crypto payments....

20 y/o Crypto Millionaire Launches Bitcoin Investment App


Erik Finman, the twenty-year-old crypto millionaire and one of the earliest and youngest investors in Bitcoin, is launching a new Bitcoin investment app called CoinBits. This tool uses an investment strategy known as dollar-cost averaging, applying it to Bitcoin investing. The website states that...

Check This Bitcoin Pizza Day Chart: BTC Moons by 320,000,000%


For the last nine years since the inception of this crypto holiday, the price of Bitcoin on this very day, May 22, would show a substantial rise from the previous year, save for three instances, in 2012, in 2015 and in 2019 (but the day is not over yet.) This date is celebrated as the day when...

Get Used to Bitcoin: How Many Satoshis for a Twin Pack of Toothpaste?


Source: iStock/Bet_Noire If you want to know how much various goods and services would cost in Bitcoin , right now, there's a new thing just for you. A new conversion browser extension, called Get Used to Bitcoin, is now available for Google Chrome and Firefox that does just that, in real-time...

US Dollar Will Self-destruct; Cryptos Might be a Solution – Ron Paul


Ron Paul. In response to a call to ban crypto in the US, former US Congressman, former Presidential candidate, and Bitcoin supporter, Ron Paul stated that such a ban is highly unlikely, but also that US dollar is going to self-destruct. As reported, on May 9th, US Congress Representative Brad...

Do We Really Need it? SEC Fuels Debate On Controversial Bitcoin ETF


Source: iStock/Photographer, Filmmaker, Designer The U.S. Securities and Exchange Commission (SEC) said it needs more time before making a final decision regarding Bitcoin ETF (exchange traded fund) and asked everyone for additional comments. And now the cryptoverse is yet again debating the need...

A Surprise from JPMorgan: 'Bitcoin Has Intrinsic Value'


Bitcoin has intrinsic value, admitted a team of strategists at major investment bank JPMorgan Chase & Co and warned that the coin mirrors a boom-bust pattern of 2017. According to the strategists, bitcoin price now surges beyond its “intrinsic value,” trading about twice as high as where...

Proof of Institutionals: Bitcoin Derivatives Skyrocketed in April


Regulated bitcoin derivatives trading volume increased sharply in April, after the recent bitcoin rally that pushed the price of the most popular cryptocurrency from USD 4,000 to more than USD 8,000 started. Average CME’s bitcoin futures product volumes increased by 263%, to USD 256 million...

Interest in Bitcoin Spikes Following Major TV Show in the U.S.


Anderson Cooper. Source: a video screenshot, 60 Minutes Google searches for 'bitcoin', 'what is bitcoin' and 'how to buy bitcoin' increased after one of the most popular American television shows, 60 Minutes aired a program dedicated to the most popular cryptocurrency on Sunday. Meanwhile,...

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