A 2013 video depicting a EU minister’s tirade against the global banking system has gone viral and it’s more relevant now than ever. The post ‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever appeared first on CCN.com The post appeared first on CCNRead More
In what could turn out to be one of the most serious SIM-card hacks in history, someone has reportedly stolen $45 million worth of Bitcoin and Bitcoin Cash from a single whale investor. Hacker Gets Away With Reported $45 Million According to a Reddit post from February 22nd, which is now deleted, an investor, who...Read More
Bitcoin recorded its fifth-largest hourly price drop in its history on 19 February. This fall slashed its price from $10,214.98 to $9,573.74, a significant drop as the coin’s price was once again restricted under the $10k resistance. A similar drop was recorded when Bitcoin was at its peak in 2017, following which the price plunged....Read More
Unregulated Futures exchanges, exchanges that boast of higher volumes than their American counterparts, have taken a beating as Bitcoin remained locked in the $9,700 range. The three top Bitcoin Futures exchanges – BitMEX, OKEx, and Huobi, saw their volumes and open interest dip. Earlier in the week, Bitcoin had broken into its golden cross, climbing...Read More
The last week was action-packed for Bitcoin but also for altcoins. The entire market was on a wild ride, seeing notable gains and sharp declines. First things first, Bitcoin charted a Golden Cross for the first time this year. The 50-days moving average crossed over the 200-days moving average. Last time this happened, the price...Read More
Bitcoin’s recent price action has made it incredibly unclear as to where the cryptocurrency could be positioned to move next, with its recent drop below $10,000 suggesting that bulls do not have enough strength to surmount the resistance that exists around this price level. In the near-term, Bitcoin’s bullish reaction to its recent drop to...Read More
OpenNode, a BTC payment processor announces its plans of testing a new payment solution that will allow its merchants to receive payments in Bitcoins. According to their official announcement, the firm has launched a pilot program to test the feasibility of such a procedure over a few months. Want to accept traditional currency and automatically...Read More
Bitcoin really hasn’t done too well over the past day or two. As detailed in previous market updates from Ethereum World News, the price of the leading cryptocurrency has been subject to extreme volatility, falling from $10,300 to as low as $9,200 (on some exchanges) in the span of a few hours. This dramatic move lower...Read More
Bitcoin suffered a major loss within hours on 19 February, which dragged its price back under the $10k resistance. The largest asset has been having a crest and trough-like movements with $10k as the mean point. On 19 February, the coin noted an overall fall of 6.28% during which the price of BTC slashed from...Read More
Crypto literacy helps people think differently about finance in Mexico The utilitarian value of cryptocurrencies is a contentious topic still. Ever since Bitcoin’s debut, the community has been split with regard to whether it is best suited as an alternative currency or purely as an investment tool. In Latin American countries like Mexico, the lack...Read More
Bitcoin suffered an unexpected drop of 8.44 percent in the past 24 hours. The valuation dropped from $10167 to under $9312, which also resulted in a $10 billion reduction from its market cap. At press time, Bitcoin was priced at $9576 and the market cap was $174 billion. Bitcoin 1-hour chart BTC/USD on Trading View...Read More
Morgan Creek CEO and renowned crypto evangelist, Mark Yusko, recently appeared on CNBC’s Fast Money where he set a new year Bitcoin price prediction. Mark Yusko Predicts Bitcoin Yukso, who confirmed last year that Bitcoin was the best performing asset since October 2018 made a quite moderate bitcoin price prediction of $30k by end of...Read More
Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market...Read More
Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls...Read More
Now it is possible to withdraw crypto to a credit card in Lumi Wallet and the first transactions come with lowered fees! There are a couple of crypto wallets that position themselves as all-in-one solutions for cryptocurrency operations. Lumi Wallet, after the latest update, is one of a few to actually withstand those claims, allowing...Read More
The Israeli Attorney General, Dr. Avichai Mandelblit, has stated that banks in the country should not stop providing banking services to crypto-related customers and firms despite such recommendations from the Central Bank of Isreal. Mandelblit is at the mass-media headlines these days because of another major reason – Israel’s Prime Minister Benjamin Netanyahu’s latest investigations....Read More
Brendan Blumer, the CEO of Block.one – the publisher of EOS, has said that Bitcoin isn’t money and that it never will be. However, he believes that it’s the “next generation of gold.” His tweets came as a response to Peter Schiff, who once again bashed Bitcoin. Bitcoin Is The “Next Generation Of Gold” Brendan...Read More
Since the new decade had started, Bitcoin is showing bullishness. The cryptocurrency started 2020 below $6800 and skyrocketed to $10,500 just days ago. However, Bitcoin gave us another reminder of its cruel volatility. After reaching almost $10,300 as of yesterday’s high, just as Europeans went to sleep, Bitcoin started its show. In a little more...Read More
Bitcoin didn’t fare too well on Wednesday. After recovering 8.4% to $10,300 after a 10% retracement to $9,500, bears returned to brutalize bulls. In the span of a few hours time, the price of BTC tanked off a cliff, falling as low as $9,250 on some exchanges, shocking the entire industry in the process. In...Read More
Interest rates across the globe are going to zero, and it’s bullish for Bitcoin, according to Morgan Creek Capital Management Founder and CEO, Mark Yusko. He also noted that the recent price drop should not bother investors, and they should focus on purchasing more. Zero Interest Rates Good For Bitcoin Yusko recently spoke in a...Read More
The resurgence of the crypto rally has attracted the attention of traditional investors and market makers, as the alt season sets in. Bitcoin has been relishing during this period as the coin reported a 41% return since the beginning of 2020, while the second-largest crypto, Ethereum marked triple digits yield of 115%. According to Binance.US...Read More
The last 24 hours have been particularly discouraging as BTC and other major cryptocurrencies sharply declined from their respective previous price accumulation. Bitcoin (BTC) had recently experienced a price pump of around 6% surpassing the important $10k level. This instigated significant market swing as major altcoins, including Ethereum (ETH) and XRP all moved correspondingly to...Read More
Bitcoin’s recent bullish crossover resulted in the escalation of its price by 7% and crossing the $10k hurdle. With a rising price, the overall active addresses on the Bitcoin network noted a steady rise, with large addresses, with a balance of at least 1/1k of the total BTC supply, holding about 11% of the total...Read More
Ever since cryptocurrencies gained popularity as an asset class, tax regulations surrounding it have been problematic and complex for most users. While the US has taken proactive steps to bring greater clarity with regard to the regulatory and compliance-related aspects of crypto, the intricacies of compliance and the consequences of failing to comply remain a...Read More
Today, a news report from Reuters has mentioned, once again, that the blockchain industry continues to develop at an unprecedented speed, and that regulators need to get themselves caught up to speed, or risk behind left behind in the dust. In fact, the report suggests that many of the world’s Central Banks are becoming increasingly...Read More
Bitcoin has found some notable stability above $10,000 following yesterday’s massive rally that allowed BTC to surmount the resistance it was facing between $9,600 and $10,000. Its recent bounce does suggest that bulls have some significant strength. The course of its recent uptrend has also allowed the cryptocurrency to build some technical strength, and analysts...Read More
Are the stars aligning for another bitcoin bull market? History suggests big things happen when bitcoin achieves a golden cross formation. | Image: shutterstock.com Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe...Read More
Bitcoin is re-entering its golden hour, and the futures market is in awe. On February 18, Bitcoin’s bullish rally of 2020 was set in stone, with the cryptocurrency realizing its Golden Cross. The market effects of this cannot be overstated, especially because the last time Bitcoin entered the cross, the price ballooned by over 90...Read More
The leading cryptocurrency exchange in the United States, Coinbase, has been approved as the very first “pure-play” crypto-related company to become a Visa principal member. Supposedly, this would allow the exchange to further improve its customer experience. Coinbase Becomes Visa Principal Member According to an official release, the San Francisco-based cryptocurrency exchange has managed to...Read More
The Irish High Court ordered an alleged drug dealer to forfeit $56 million worth of Bitcoin to the Criminal Assets Bureau (CAB). The decision came after the Court ruled that Clifton Collins purchased the digital asset with his drug profits. Over 5,500 BTC Forfeited A local news outlet reported earlier today that Clifton Collins from...Read More
