As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India is accurately portrayed. Also read: Indian Lawmaker Says ‘Cryptocurrency Is...Read More
A new report from Binance Research shows that many bitcoin miners have been mining Bitcoin SV and BCH to some extent with significantly lower profitability. Other than political reasons, the firm said that non-economic factors contributed to it.Had many miners that focused on BTC over Bitcoin SV and BCH in the same period, the research...Read More
Nobody needs reminding that Bitcoin has plunged to a seven month low today. It has all happened before though and a recovery has followed as it will again. There are several bullish factors building up that will cause a BTC trend reversal next year.Bitcoin Revival Factors and TrendsThis time last year BTC had dumped to...Read More
There are a number of varying metrics that Bitcoin analysts use to predict future price movements of the asset. One rarely used oscillator takes BTC energy value into account and it is flashing bullish at the moment. Bitcoin Energy Value? Okay, so this metric may not be as popular as other recently used ones such...Read More
Bitcoin price is extending losses below the $6,800 support area against the US Dollar.A crucial support is waiting on the downside near $6,500 and $6,200.There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).The bears are in control, but the...Read More
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China...Read More
With Bitcoin collapsing by 5% in the past days, moving from $7,150 to $6,750 as of the time of writing this, traders have once again flipped decidedly bearish on cryptocurrencies.Related Reading: Could Post Crypto Bubble Bitcoin Follow Dot Com Crash NASDAQ Chart?They fear that this latest move under the key support of $7,000 will precede...Read More
The bitcoin price continues to plummet from its 2019 record near $14,000. Crypto investors are worried while critics are gloating. But the cryptocurrency remains the highest performing asset in 2019. And dollar cost averaging BTC investments even outperformed the same Dow exposure since bitcoin’s all time high price in 2017. Bitcoin’s price is continuing its...Read More
Bitcoin has continued to move lower as bears take full control of the cryptocurrency’s price action, and it now appears to be a certainty that BTC will revisit its November lows that were set at $6,500 roughly three weeks ago.This current bearishness has drastically impacted the overall market sentiment for the worst and has led...Read More
The stock price of Canaan Inc, a bitcoin mining giant based in Beijing, has dropped by $12 to $5 since November 25, by more than 58 percent. It comes after the price of BTC abruptly declined from $7,700 to $6,600 in the same period.In recent months, as seen in the balance sheet of major mining...Read More
Bitcoin’s price plunged 4% to $6,584, its lowest in over three weeks. Altcoins hastened their decline, sending the total crypto market to fresh six-month lows. Since peaking in late June, cryptoassets have shed more than $180 billion in combined market cap. Bitcoin’s price printed fresh three-week lows on Tuesday, as fear and uncertainty continued to...Read More
As competition builds within the blockchain industry, investors and prospective users alike have to undergo the arduous task of evaluating which blockchains have the best fundamental strength. Ethereum has long been favored by users and developers, but over the past three years a plethora of competitors have surfaced, making it difficult to discern which blockchain...Read More
Sorry bulls, bears won’t give you any reprieve. On Tuesday, Bitcoin (BTC) continued to tank, perpetuating a downward trend established on Monday after the cryptocurrency fell from $7,150 to $6,800 in the span of a few minutes. Related Reading: Bitcoin Futures Gap Exists at $11,800; Can Bulls Fill the Gap?As of the time of writing this,...Read More
Bitcoin Jesus aka Roger Ver was under the crypto-spotlight recently after the cryptocurrency exchange Bitcoin.com listed an alleged scam token, HEX. While denying that HEX was a scam token, Ver went on to endorse it instead. Since then, many members of the community have listed out reasons as to why listing HEX was a bad...Read More
Cybercrime is growing at an exponential rate, and showing zero signs of slowing down or stopping in the near future. As technology advances, so do the tactics used by these criminals, especially surrounding crypto.The post appeared first on NewsBTCRead More
The rapid slide in Bitcoin (BTC) prices led to more talks of calling the bottom on the most recent downward trend. Jacob Canfield, a leading Tradingview bitcoin analyst, believes $5,500 will be as far as the asset falls. Bitcoin Slid Under $6,900, Signalling Downward Pressures Bitcoin price fell by 4.31% in the past day, sinking...Read More
The Bitcoin (BTC) halving narrative remains one of the chief sources of price speculation going into 2020. Altana Digital CIO, Alistair Milne, says we’re likely to witness 5 events take place before the big day arrives. Pre-Halving Months Will See Bitcoin Accumulation The Bitcoin halving event is less than 150 days away, and while it...Read More
Bitcoin’s entire 2019 rally from trough to peak, is nothing more than a “textbook echo bubble” according to a former IMF economist.The post appeared first on NewsBTCRead More
The downtrend continues for Bitcoin price, as the leading crypto asset by market cap reached $6,600 today, showing that bears remain in complete control over the current state of the crypto market.The post appeared first on NewsBTCRead More
Bitcoin (BTC) reached its all-time high on December 17, with an intra-day peak at $20,089.00. The coin arrived at that level after a turbulent month of exorbitant daily gains, but what’s different two years on? Bitcoin Only Spent a Moment at Peak Prices Soon after reaching the fabled $20,000 mark, Bitcoin’s parabolic trend turned for...Read More
On December 16, new court filings from the Kleiman v. Wright case show the plaintiffs have responded to Wright’s objections against the magistrate’s court order. Kleiman’s lawyer Velvel Freedman explained that Craig’s statements in court “lacked credibility,” his constant change of stories “demonstrates falsity” and Freedman claims Wright’s “trust documents are forgeries.” Also read: Plustoken...Read More
Bitcoin continues to trade below the psychological $7,000 level, following Monday’s wide-spread crypto sell-off that caused the market to shed over $10 billion in value. All top 10 cryptocurrencies continued to trade at fresh monthly trading lows, though XRP was affected and continued to rack up losses under the $0.20 level. BTC/USD long positions continue...Read More
Bitcoin price may be falling once again into a downtrend and is at risk of revisiting bear market lows not seen since earlier this year.The post appeared first on NewsBTCRead More
When volatility picks up, Bakkt is never too far. Institutional investors are gearing up for an early-Christmas party, one which will see more positions in Bitcoin Futures contracts than ever before. Bakkt saw yet another high in its open interest [OI] on 16 December as the underlying cryptocurrency, Bitcoin, dipped below $7,000. According to Skew...Read More
On Monday, the Bitcoin (BTC) price started to falter. After trading above $7,000 for days on end — a consolidation that forced volatility levels to hit multi-month lows— the cryptocurrency slipped on Monday morning, falling from $7,100 to $6,800 in three five-minute candles, catching many traders with their proverbial pants down.Despite the fact that the...Read More
Since peaking on 26 June, Bitcoin‘s price has been on a consistent decline, having lost over 51 percent of its valuation, at press time. Many people in the crypto-community have pointed their fingers at various factors, seeking to find the reason behind such a price decline. While some claim price manipulation by whales and exchanges...Read More
Coinbase has become one of the most popular cryptocurrency exchange in the world, It has an established reputation for its transparency and efficiency. Moreover, It is rapidly expanding the user base and a massive following, it is one of the top destinations for crypto trading. Let’s dig in to know more about the Exchange and...Read More
The crypto sector has gone through a turbulent year, with significant developments in the background. Despite the setbacks, there are expectations for significant trends that will shape the moods, attitudes, and decision-making in 2020. Report Lists Growth Vectors and Failing Crypto Trends The year 2020 comes with various predictions as the Bitcoin (BTC) market is...Read More
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We believe in the power of cryptocurrency and its potential. Mining should to be available to anyone...Read More
The crypto liquidating firm Sibex has partnered with New York-based cryptocurrency company Paxos to allow gold trading on the blockchain. The goal of this partnership is to improve peer-to-peer (P2P) over the counter (OTC) trading for physical gold. Paxos offers PAX Gold, a digital asset-backed by digital gold. Daniel Haudenschild, CEO of SIBEX, commented: “As...Read More
