2019 is coming to an end but people in the Bitcoin community are still holding their breath, as the volatility has been off-the-charts lately for the largest digital asset. Since the start of November, Bitcoin has registered a change of over 30 percent in its valuation and the market witnessed several short-term hikes and detrimental...Read More
The first week of Lightning Network support at cryptocurrency exchange Bitfinex, has seen more than 800 transactions make use the Bitcoin payments layer. The company’s Chief Technical Officer Paolo Ardoino says customers have deposited more than seven Bitcoin (~$52,000) to the exchange since it added Lightning payments.Despite recent Lightning Network vulnerabilities, it appears to be...Read More
Bitcoin price predictions are all over the map, with some expecting the price to reach zero, while others expect beyond a million dollars per BTC.One cryptocurrency analyst has charted the asset using a logarithmic growth curve, that could provide accurate clues as to when Bitcoin price could reach prices of $100,000 or higher.Bitcoin Price to...Read More
China’s Center for Information and Industry Development [CCID] released its 15th Global Public Blockchain Technology Assessment Index that ranked multiple cryptocurrencies based on its tech, application, and creativity. The list placed Bitcoin on the ninth position while scoring highest in the field of creativity and least in terms of application. Bitcoin’s index total stood at...Read More
Crypto startups are becoming less frequent as interest in the emerging fintech industry cools off, however, there was once a time that cryptocurrency-related startups were a dime-a-dozen, making finding clear winner a difficult and risky process.The post appeared first on NewsBTCRead More
The next big bitcoin bull-run was supposed to be led by an incoming swathe of institutional money. Lured in by potential profits unheard of in traditional investment products, and reassured by trusted brands offering institutional-grade custodial solutions. So what happened? Patience Is A Virtue According to Bloomberg, the biggest investors are still on the sidelines biding their...Read More
The Coinjer scam is one of the latest cons to hit crypto-related social media recently. The scam primarily operates across Telegram channels and tricks people into coughing up bitcoin in order to receive more. The Coinjer Scam Promises BTC Rewards The Coinjer scam is a relatively small-scale attempt to syphon away Bitcoin (BTC). The scheme...Read More
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated.The post appeared first on NewsBTCRead More
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning whether the answers would increase the chances...Read More
Conceived as an alternative to traditional financial and banking solutions, cryptocurrencies have come a long way. However, despite mainstream recognition, there remain many, both in governments and mainstream financial institutions, who are still skeptical about the utility of these digital assets. Nigeria, one of Africa’s most powerful and fastest-growing economies, presents such a curious case....Read More
Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However, there is a scenario in which the oldest cryptocurrency turns bearish in the near-term. Bitcoin is at Crossroad Area According to Brandt, Bitcoin is still moving within its historic bull trend,...Read More
“Coming out of the 2008 financial crisis, the legit criticism of regulators was along the lines of: where were they during the expansion of the real estate mortgage bubble, why didn’t they take steps to pop that bubble when they could have?” ~ Former CFTC Chairman J. Christopher Giancarlo aka Crypto Dad This statement was accompanied...Read More
Another Wall Street executive is calling for the collapse of bitcoin along with other cryptocurrencies. The wealth manager believes that bitcoin will follow the footsteps of Blackberry and Lycos. He fails to understand that bitcoin is the best performing asset of the decade and its function has evolved from simple payment settlement into a global...Read More
Bitcoin has succumbed to selling pressure as of late. However, many analysts are predicting that the top cryptocurrency will likely come back to life next year. The possibility of a financial meltdown plus the halving could trigger a strong bitcoin bull market in 2020. It’s quite difficult to see the long-term bullish picture of bitcoin...Read More
China’s Center for Information and Industry Development once again published a new list of its crypto ranking index, pushing Bitcoin 2 spots higher than its last report. Bitcoin Back in China’s Top 10 China has just released a new CCID Global Public Blockchain Technology Assessment Index. This is the 15th assessment index that’s been released...Read More
Bitcoin continues to consolidate around the $7,500 level in early Monday trading, as traders and investors await the launch of Bakkt’s Bitcoin options trading offering. The broader cryptocurrency market is trading sideways as the top 10 cryptocurrencies struggled to find a strong directional bias in early-week trading. Tezos continues its recent move to the upside,...Read More
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has chosen a new cabinet seeking the Peronist agenda and possibly going against IMF’s involvement in the country. Bitcoin Trading Volume At ATH According to the popular monitoring resource Coin.Dance, the...Read More
BTC has hovered between bullish and bearish attitudes. But one chart analyst sees a possible scenario, as the bitcoin price action in the past months recalls the rapid spike of BTC prices at the end of 2018. Bitcoin Price Resembles Last Stretch of 2018 BTC went through its biggest bear market in history in 2018,...Read More
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn.According to a number of fractal analyses, which is comparing an asset’s historical price action to its current price action, the bottom just might...Read More
Bitcoin started 2019 with a valuation of $3,693, before climbing its way up. And while it peaked at $13,880 in June, Bitcoin has since been on a downward slope. Despite the fall, Bitcoin has still managed to record positive yields, unlike a few other cryptocurrencies. With the Bitcoin halving approaching in 2020, Bitcoin’s supply of...Read More
Bakkt Bitcoin Cash Settled Monthly Futures will be settled against physically delivered Bakkt Bitcoin (USD) Monthly Futures contract from December 9, 2019. The Intercontinental Exchange will roll out two trading options Bitcoin (USD) Options and Bitcoin (USD) Cash Settled Monthly Futures. Bakkt will be big for being the first platform to offer futures settled in...Read More
Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In this article...Read More
Crypto Analyst Peter Brandt came onto to BitcoinLive with his latest prediction. He claims that BTC price could reach it’s all-time high i.e. $100,000 or above. He further explains his claim saying that if bitcoin is able to break out from the current bear channel, the BTC prediction seems likely. In his latest video titled,...Read More
Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar.The price is likely to clear the $7,560 and $7,600 resistances to continue higher.There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could rally once...Read More
Following a little momentum last week Bitcoin spent most of the weekend consolidating. It has been pretty flat for the past fortnight and analysts are now considering the unpopular premise of a final capitulation approaching which would mirror movements from this time last year.Bitcoin Bulls and Bears PoisedCrypto markets were lifted on Friday which resulted...Read More
If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the verge of printing what is known as a “golden cross,” when a short-term moving average crosses over a long-term one to...Read More
Since Bitcoin topped in June, mainstream haters of cryptocurrencies and related technologies, such as Peter Schiff and Nouriel Roubini, have asserted that BTC is in an “echo bubble.” While many have laughed off this sentiment as pure delusion, the charts may be telling a different story.Related Reading: Bitcoin CME Futures Gaps Are Filled With 95% Certainty,...Read More
This year is coming to its end, and, naturally, it’s time to wonder what’s the next big thing in the world of Bitcoin. CryptoPotato had the chance to meet and talk with one of Bitcoin’s most famous proponents and industry experts, Anthony ‘Pomp’ Pompliano, co-founder and managing partner at the venture capital fund Morgan Creek...Read More
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn.Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart PatternAnalysts have understandably divided over the question, as the correct answer...Read More
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria,...Read More
