Tag: Bitcoin News

Uniswap’s UNI is showing positive signs above $32.00 against the US Dollar. The price is likely to clear the $35.00 resistance and it could even rally towards the $40.00 level. UNI is very stable above the $27.50 and $30.00 support levels against the US dollar. The price is trading nicely above $32.00 and the 100 […]

Bitcoin price is trading above the USD 57,200 support level. Ethereum is stuck below USD 1,850, XRP settled above USD 0.500. ONE rallied over 50%, while SOL and THETA jumped more than 16%. Bitcoin price failed to gain strength above the key USD 60,000 resistance zone and corrected lower. BTC traded below the USD 58,000 […]

Deutsche Bank says it expects bitcoin to remain “ultra-volatile” due to its limited tradability, adding that just a few large purchases could impact cryptocurrency’s demand and supply. German banking giant Deutsche Bank says it expects bitcoin to remain “ultra-volatile” due to its limited tradability, adding that just a few large purchases or market exits could […]

Bitcoin price predictions are always a point of contention. They have ranged from mind-blowing seven-figure surges to more sedate extrapolations of current Bitcoin market conditions. One industry executive thinks it is quite plausible for Bitcoin to be $50k by the end of 2020 and Bitcoin Market Worth Trillion USD and here’s why. Speaking to Bloomberg, […]

Russian authorities have reportedly banned CoinTelegraph in the Russia. The very famous crypto news site had existed in the list of blocked sites since 2017; however, it was only yesterday, the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, implemented the block on a severe level. The blocking of the CoinTelegraph […]

Forget the recent bearish momentum and Bakkt’s disappointing launch. Here are five reminders of why you should still be HODL your Bitcoin. More Secure Than Ever to HODL Bitcoin At the end of last month, despite an extended period of sideways trading, Bitcoin hit its first-ever 100 quintillion hash rate level. On September 26, Bitcoin […]

As reported by the Financial Times yesterday, market participants are not too sure about the latest trade developments between the US and China is good for Bitcoin Investors. Coupled with Washington’s political scenario concerning Trump’s impeachment row, stock prices fell on Friday. Does this mean that bitcoin (BTC) is the obvious alternative now for investors? […]

Tom Lee of Fundstrat fame is back in the news, and he’s being very serious when he says the S&P needs to experience a breakout if bitcoin is going to gain its momentum back. “It’s a Bad Time to Be Bitcoin Trading” Tom Lee: If BTC Is to Do Well, the S&P Must Do Well […]

Monolith, a project that makes it easier to spend ETH and ERC-20 tokens in real-life, announced Tuesday that it has partnered with Kyber Network (KNC) on numerous integrations Decentralized Banking. Monolith and Kyber Bring DeFi To The Masses According to the announcement, KNC can now be used to buy goods or services using Monolith’s Visa […]

Mario Draghi, the outgoing president of the European Central Bank, mentioned the institution is open to Modern Monetary Theory — a fiscal and monetary framework that argues governments can keep printing money so long as inflation is in check. This will only increase the demand for Bitcoin. Brief breakdown of Modern Monetary Theory Modern Monetary […]

While it talks a big game, the crypto community has picked holes in The Incognito Node business model. The Incognito Node, which begins shipping next month, is a plug and play device that resembles a triangulated Alexa and claims to passively earn multiple cryptocurrencies. Grandmas and cats will love it, Incognito’s marketing bumph says triumphantly. […]

Bitcoin Manipulated? The Target of More Tricks? In 2018, a report issued by John Griffin, a finance professor at the University of Texas, showed that the currency was potentially being manipulated by tether during the previous year. It’s price spiked the way it did because people who owned tether would repeatedly use that currency to […]

Bitcoin has been in the spotlight this week largely due to two unfavorable developments. The first one is the underwhelming Bakkt launch that failed to impress the cryptocurrency community. Second, the largest cryptocurrency finally broke down from a descending triangle after months of consolidation, prompting calls for a bearish dump to $4,000 or even lower. […]

The US Securities and Exchange Commission (SEC) is right about their decision to reject bitcoin exchange-traded funds, believes Jake Chervinsky of San Francisco-based Compound Finance. Latest Bitcoin, BTC Drop Proves SEC’s ETF Concerns The general counsel on Thursday said the US securities regulator has valid concerns about bitcoin’s price volatility. He referred to the cryptocurrency’s […]

The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa “Bitcoin Africa”, according to Binance Research. Bitcoin Now Most Popular in Nigeria, Africa Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term […]

Since launching on the Bitcoin mainnet in early 2018, the Bitcoin Lightning Network has experienced significant adoption and growth. The first Lightning Network implementation developed by Lightning Labs was launched in beta in March 2018. The other two popular implementations were developed by ACINQ and Blockstream which were launched in late March and late June, […]

Pirate Bay, the biggest torrenting portal has received more than $1 million worth of Pirate Bay bitcoin donations since they begun accepting the cryptocurrency in May 2013. At a time when 1 bitcoin was as low as $50 for a brief period, donations of ₿0.1 or ₿0.5 were not uncommon, with one being for ₿13.37. […]

By early 2020, support for Bitcoin payments will be launched at over 25,000 sales points for 30 French retailers accept Bitcoin, including sportswear giant Decathlon and cosmetics store Sephora. French crypto news outlet Cryptoglobe reported the development, announced during Paris Retail Week, on Sept. 24. 25,000 retailers to enter Economy 3.0 accept Bitcoin The new […]