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Nalezeno "Bitcoin News": 6629

Bitcoin Tanks Below USD 8,000, Only 4 Cryptos Among Top 100 in Green


Source: iStock/hocus-focus The crypto market dropped on Tuesday night (UTC time) suddenly, losing almost 8.55% of its value. The average price of bitcoin almost touched USD 7,900 before recovering above USD 8,000. However, at pixel time (04:00 UTC), the most popular cryptocurrency trades below...

Bitcoin and Altcoins Start the Week With Bearish Moves


This past week, we saw a couple of swing moves in bitcoin price above the USD 8,500 level. BTC/USD climbed back towards the USD 8,700 and USD 8,800 resistance levels. However, the bulls failed to remain in action and the market recently declined below key supports. Similarly, there were bearish...

Bitcoin’s First Public Mining Pool Is Rebranding


The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is perhaps less well-known than Slush Pool, one of the largest bitcoin mining pools as it makes up more than 9 percent of...

It's Never Been So Difficult to Mine Bitcoin


As bitcoin price jumped by around 60% in May and competition among miners of the most popular cryptocurrency increased, Bitcoin mining difficulty reached its new all-time high today, making it more difficult for miners to win the precious reward of BTC 12.5. Meanwhile, hash rate, or computational...

Bitcoin Surpasses USD 9,000 and Drops Below USD 8,200 in Five Hours


The most popular cryptocurrency, bitcoin just gave another example of the recently increased volatility. After suddenly spiking above USD 9,000 for around 10 minutes on Thursday evening (UTC time) it dropped and after five hours it was already below USD 8,200. At pixel time (05:40 UTC), Bitcoin...

How Could US-China Trade War Affect Crypto


When we think about a war of any sort, trade war included, we don’t tend to think about anything remotely positive. Yet, the current US-China trade war, if it spreads into the US bond market, can see China selling-off US Treasuries, which might in turn make certain cryptos soar. This possibility...

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...

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