Bitcoin’s comparative lull in the second part of 2019 may have many investors licking their wounds… but it’s not all bad. At the moment, there is an opportunity to buy BTC at basically ‘fire sale’ prices. At least according to the Rainbow Chart from BlockchainCenter.net. Bitcoin Rainbow Chart The Bitcoin Rainbow Chart has been around...Read More
Hedge fund CEO Robert Breedlove suggests that Bitcoin may on the verge of its next major bull run. His chart analysis of previous parabolic runs is remarkably similar to where we are today. If history is anything to go by we could see 35x returns from here until 2023. Hedge fund founder Robert Breedlove believes...Read More
As the BTC/USD quotation updated the lowest level since May of this year, institutional investors were in a rush to benefit from the cheap Bitcoin price. On Bakkt, the trading volume of Bitcoin futures surged to $47 million on Wednesday. Bakkt’s Surging Volume Suggest Investors’ Interest in Cheap Bitcoin Crypto analysts have voiced various predictions...Read More
The past week has been a difficult one for the cryptocurrency market, with many tokens recording a significant slump in their valuations. According to a recent report by Arcane Research, the top ten cryptocurrencies averaged a decline of around 10 percent, with major assets such as Ethereum losing over 95% of its total gains in...Read More
Bithumb exchange is the most popular and largest cryptocurrency exchange based in South Korea, according to data of the site Coinmarketcap. Its regularly feature in lists of the world’s 10 largest crypto exchanges in 24-hour trading volume. The exchange offers world’s top crypto coins and tokens for trading. So let us look in detail more about...Read More
If you are a newbie crypto dealer, you need an exchange with easy and friendly features. Then you’re at the right place. The perfect exchange for a beginner is one that is easy to use, a user-friendly interface, low fees, and good security. Then, TradeSatoshi exchange is for you. It is easy, simple to use, and it...Read More
Billionaire Tim Draper recently spoke about emerging technologies, especially blockchain and crypto, revealing what he expects will come in years to come. The year 2019 is at its end, and the next decade is ready to begin. However, while the new decade means a new beginning for a lot of people, it also means a...Read More
Bitcoin’s price noted an unprecedented price surge on 18 December, one wherein the king coin tried to recover 15.95% of its losses. In fact, within a span of nine hours, BTC’s price jumped from $6,425 to $7,449.68. According to Datamish, a derivatives data provider, approximately $1.651 million long contracts were liquidated on BitMEX, a development...Read More
Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered ‘healthy’. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run.Bitcoin Bounces BackThis week has been pretty grim...Read More
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None...Read More
Now it’s much easier to earn cryptocurrencies. Online sports betting bitcoin is a great opportunity to make forecasts on interesting confrontations and steadily increase your own assets. To start playing, you need to go through a simple registration procedure. Then you deposit funds into your account, and if you do not have cryptocurrency assets, the...Read More
A recent “whale” transaction of 789,525 Ethereum (ETH) was claimed to belong to the wallets of the PlusToken scam. The exact holdings of ETH for the scheme are unknown, but this tranche alone is worth $105 million. PlusToken Still Holds onto Part of BTC, ETH Haul PlusToken, despite the law enforcement crackdown against the team,...Read More
Bitcoin Futures have garnered a lot of attention from the crypto-industry, especially after the Intercontinental Exchange [ICE] rolled out its digital asset platform, Bakkt, back in September. After the exchange recorded a low of 71 BTC on its first day, many had speculated on Bakkt’s impact on the market. However, the platform was quick to...Read More
Bitcoin price reversed its losses and settled above $7,000 against the US Dollar.The price rallied close to the $7,500 resistance area, where sellers emerged.Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).A correction is underway, but there...Read More
Bitcoin’s bullish response to its capitulatory overnight drop to lows of $6,400 has now resulted in the cryptocurrency incurring a significant amount of bullish momentum that has allowed BTC to break back into the $7,000 region.This bullish response came about after BTC tapped a key support line when it visited these recent lows, and the...Read More
The past three days have been an absolute whirlwind for Bitcoin, with the price of the leading cryptocurrency whipping between $7,150, $6,400, and everywhere in between, seemingly without rhyme or reason.Related Reading: Goldbug Peter Schiff Calls For Bitcoin To Close 2019 at A LossThis latest bout of volatility hasn’t gone unnoticed. Institutions trading cryptocurrencies have...Read More
The bitcoin price surged back above $7,000 on Wednesday. Analysts say BTC defended a crucial support level. Today’s price action wasn’t enough to persuade the bears that the bottom is in. The bitcoin price rallied aggressively on Wednesday after the beleaguered cryptocurrency defended a vital support level that has fortified its nearly five-year-old “parabolic” uptrend....Read More
The state of the blockchain space in November shows long-running trends establishing themselves. Bitcoin (BTC) was still the leader in multiple metrics, and China was the focus as activity flowed to local markets, shows the latest Longhash report. China Emerges as Leader in Trading Activity November’s Blockchain Data Report focused on China, basing its conclusions...Read More
Starting today, Coinbase supports Orchid (OXT) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store OXT. OXT will be available for customers in all Coinbase-supported regions, with the exception of New York state. Additional jurisdictions may be added at a later date. Orchid...Read More
Silk Road founder Ross Ulbricht uses Elliott Wave theory to show how bitcoin could hit $100,000 by 2020. Sentiment towards crypto has taken a decidedly bearish turn in recent months. Bitcoin continues to trade below the $7,000 mark on Wednesday. Bitcoin’s latest brush with six-month lows has attracted nasty commentary about the future of digital...Read More
The market is attempting to stage a recovery during Wednesday’s U.S. session, following another heavy crypto sell-off earlier this morning. Almost the entire top 10 plunged to fresh multi-month trading lows before partially bouncing back. Litecoin notably recovered almost all losses, after falling to its lowest level since February 11th, around the $36.00 level. BTC/USD...Read More
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S. Financial Crimes Enforcement Network (FinCEN) and is currently approved to operate in 44...Read More
Bitcoin and its forks are the most auditable blockchains, according to a Dec. 17 report from CoinMetrics. The report examines the blockchains behind the top ten cryptocurrencies, eight of which CoinMetrics operates nodes for. CoinMetrics synced data for each blockchain, reconstructed its ledger, and verified its coin supply. CoinMetrics graded each blockchain on two main...Read More
People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger.The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular price...Read More
Looking back at 2019, the crypto-industry seems to have had an eventful run as several countries and mainstream companies looked into the prospects of cryptocurrencies and its underlying blockchain technology. While several countries are ready to roll out their own CBDCs, Bitwise’s CEO, Hunter Horsley, believes that these governments have an ulterior motive behind the...Read More
No filter – this is what Rita Ora promised on her Instagram profile, when she appeared to sport the Bitcoin (BTC) logo. Crypto assets are no strangers to celebrity promotion, but the memefication of the Bitcoin filter is adding another layer to the coin’s popularity. Rita Ora Appeared with Instagram Bitcoin Filter Singer Rita Ora,...Read More
Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX.The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target.The said MA in December 2018 had capped the asset’s downtrend from flourishing.As of now, it sits near the lower-$5,000 levels.Bitcoin risks plunging to its eight-month low after...Read More
Bitcoin and most altcoins have marked a few consecutive days of negative price action. In a recent poll regarding Bitcoins’s potential bottom, over 70% of voters said that it would be below $6,000. Additionally, the Fear and Greed Index is dropping daily, further confirming the negative sentiment among the community. Where Will Bitcoin Bottom? One...Read More
New research discovered that running a full node is time-consuming and requires extensive computational resources. The observation shows that for XRP, EOS and Binance Chain networks in particular, a full blockchain audit requires days of computation and dedicated machines. Distributed Ledgers Prove Difficult to Audit The promise that a distributed ledger can be easily kept...Read More
In light of the fact that the crypto-industry is still in its nascent phase, various studies using different metrics have assessed the market’s trends and performances over the past few years. Although the market draws a common affinity to Bitcoin, other crypto-assets such as Ethereum and XRP have a strong user base and influence of...Read More
