Key Points Bitcoin cash price recovered nicely and moved above the $710 resistance against the US Dollar. There is a key bullish trend line formed with support near $712 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must stay above the $700-710 support zone to remain in a positive...
Bitcoin Price Key Highlights Bitcoin price appears to be keeping its head above the near-term area of interest at the channel support. If a bounce back to the resistance happens, an inverse head and shoulders pattern could also be completed. A break past the channel top could be enough to confirm that a long-term uptrend...
Bitcoin broke below a short-term rising channel but remains above the longer-term channel bottom and area of interest.
Like most coins, there is some upward pressure for Bitcoin and what a time to capitalize on. In the past week or so, we have seen the influence of $6,000 our main support line and 2018 lows. Because of these developments, odds of further gains are high and this opens the door for Bitcoin buyers...
Online travel agency Cheapair announced that they resumed ticket purchases with Bitcoins after an indefinite suspension of such service a few days ago. Up until July 13th the company worked with Coinbase as a payment processor, however they had to suspend BTC operations after a series of problems that ended with Coinbase discontinuing its support. […]
Malta’s digital transformation seems to be going very well. Malta has recently been a pretty active playground for the crypto-related developments and adoptions as well. Just a week ago Malta was also abler to pass three bills that are related to crypto and blockchain. On July 14th, a company called MoonZebra has launched a two-way Bitcoin […]
Key Points Bitcoin price formed a decent support near $6,050 and recovered against the US Dollar. There is a key triangle forming with resistance near $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is facing many hurdles on the upside near the $6,300 and $6,450 levels. Bitcoin price...
With the decision on whether a cryptocurrency-based exchange traded fund (ETF) will ever launch in the U.S still sitting firmly with the Securities and Exchange Commission (SEC), experts continue to speculate on the market and its potential. Managed investment funds based on cryptocurrencies may offer a less risky investment route for concerned investors, or a more familiar route for traditional, institutional investors. Though CBOE and CME Group launched bitcoin-based futures in December 2017, and the
Key Points Bitcoin cash price tested the $650-660 support area and recovered against the US Dollar. There is a crucial bearish trend line in place with resistance at $710 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the trend line, $710 and $730 resistances to...
The U.S. Department of Justice (DoJ) indicted 12 Russian intelligence officers for conspiring to influence the 2016 U.S. presidential elections. The indictment alleges these officers used Bitcoin to fund their hacking operations. Russian Intelligence Officers Used Bitcoin On July 14, 2018, the DoJ indicted 12 officers of the Russian intelligence agency, the Main Intelligence Directorate of the General Staff (GRU). These GRU agents allegedly executed large-scale hacking attacks aimed at interfering with the 2016 U.S.
Trends tend to be reversed. The year of 2018 has seen Bitcoin (BTC) demonstrate both its volatility and bearish nature. However, the second half of 2017 the crypto community witnessed the exact opposite. What does the remainder for 2018 have in store? Bitcoin Last Week Bitcoin’s price bounced around due to FUD regarding a hack on Binance and positive news about Coinbase’s announcement of Coinbase Custody. Launching the service was great for the crypto-community because
Abra, the multicoin cryptocurrency wallet platform has launched a new feature that allows users to purchase Bitcoin using their credit/debit cards. The company announced the move in a blog post on Thursday (July 12, 2018). Abra CEO, Bill Barhydt believes that BTC can reach $50,000. Seamless Bitcoin Purchase With the newly launched feature, Abra users […]
Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down to a low of $5,800. Many industry...
Clem Chambers believes that Bitcoin is a logarithmic asset. The CEO of ADVFN, a private investor platform maintains that liner charts don’t tell the complete story about the top-ranked cryptocurrency. Bitcoin is Still in a Bear Market Looking at any BTC chart on the internet and it is immediately apparent that the asset is in […]
After completing the inverse head and shoulders formation Bitcoin price failed to pop. Does this mean the cryptocurrency has further to fall? Market Overview As the sky-high bitcon predictions of $25,000, $50,000 and $60,000 continue, there seems to be a divergence between the opinions of billionaires, institutional financial analysts and bitcoin’s actual price. Last week, the explanation for the forever delayed Wall Street crypto bull run was cryptocurrencies being in a ‘healthy’ bottoming process. While
CheapAir’s CEO and Founder Jeff Klee updated the info regarding some challenges that they have been facing while struggling to find a replacement for their previous processor Coinbase. The crypto exchange platform had informed them a while ago that they were shutting down the merchant platform. Klee says in an email that since 2013 they […]
The United States Department of Justice (DOJ) has recently released a Grand Jury indictment charging 12 Russian nationals with committing federal crimes that were primarily funded by Bitcoin (BTC). The 12 ‘agents’ who are members of the GRU (a Russian Federation Intelligence Agency) intended to interfere with the 2016 U.S Presidential Elections using these funds. […]
Latest reports claim that Andreas Brekken the CEO of Shitcoin.com occupies 49% of the Bitcoin (BTC) Lightning Network. Shitcoin seems to own more than 35BTC on the Lightning Network, and the portal has announced that this will be used for a future review on the Lightning Network. Brekken was the former Advisor at Kraken and […]
In the latest example of the growing acceptance of cryptocurrencies in gambling, you can now use Bitcoin to bet on horses. AmWager.com, a website for watching and betting on live horse racing, has started accepting deposits in Bitcoin and Bitcoin Cash. A First for AmWager.Com and American Live Horse Race Betting According to an announcement made by the company, this development makes AmWager the first advance deposit wagering (ADW) company in the United States to receive
As part of an ongoing criminal case that has drawn international attention, a Greek court has agreed today to extradite Russian cybercrime suspect and ex-Bitcoin BTC-e platform operator Alexander Vinnik to France. The move comes after Greek authorities decided exactly where to send Vinnik, who is also wanted on criminal charges in the U.S., specifically...
Banks in Slovakia, including the country’s central bank, briefly hosted a giant Bitcoin logo on their exteriors July 11 as part of an unannounced protest by a local action group. Slovak Banks ‘Remain In Darkness’ Photo and video evidence from around the capital Bratislava showed various institutions with a black-and-white ‘bat’ logo depicting Bitcoin and Monero. The move came courtesy of the Slovak faction of Czech cryptocurrency group Paralelni Polis, a long-standing initiative with a
When Clark Gable unbuttoned his shirt to reveal a bare chest in “It Happened One Night,” audiences were in shock. It was, after all, 1934 and most men wore undershirts. But Clark Gable was one of the world’s biggest movie stars… and undershirt sales dropped 75% that year. Or so legend has it. More recent, […]
In an online article only 2 days ago, it was mentioned that August 10th is when the SEC will decide on the fate of the filing of Bitcoin ETFs done by the CBOE exchange. The article was quoted as saying: Bitcoin ETF fate is finally going to be decided on August 10. Currently, SEC is asking for […]
Abra, a financial services and technology company operating an all-in-one cryptocurrency wallet and exchange app, has announced the ability to now buy bitcoin with VISA or MasterCard credit cards or debit cards from anywhere in the world. Purchases may be made on abra.com or via the Abra app. Buy Bitcoin on Credit Abra users may now buy bitcoin with VISA and MasterCard debit and credit cards. You can now fund your wallet using VISA or Mastercard globally!
Another ‘nocoiner’ academic has lent his voice to the Bitcoin doomsday FUD, calling Bitcoin a “con.” Since the emergence of cryptocurrency into the public sphere, there has been no shortage of critics and unbelievers. From Warren Buffett to Charlie Munger, and even Bill Gates, numerous notable figures in the global business scene have thrashed virtual […]
Billionaire investor Steven Cohen is entering the emerging market by investing into a cryptocurrency hedge fund that favors Bitcoin and Ethereum over Ripple. Billionaire Steven Cohen Gets into Bitcoin Cohen Private Ventures — the hedge fund of Steven A. Cohen, whose estimated net worth currently stands at $14 billion USD — has invested in Autonomous Partners, led by early Bitcoin investor Arianna Simpson. “I’ve only brought on partners that I think can be very much value-add [sic]
FOMO Moments Current performing altcoins are Ontology, Dash, Bytecoin and Bitcoin Gold. As another week comes to an end in crypto land markets are down once again on the week. After hitting a weekly low of $242 billion markets have clawed back a little but are still very bearish. Bitcoin is up a meager 1.3%...
Everyone in the crypto space knows by now how Warren Buffet has constantly been slamming Bitcoin. Now, in spite of Buffet, an unidentified crypto bull from Australia is betting millions of dollars that the Bitcoin's price will exceed the share price of the Warren Buffet-headed investing conglomerate Berkshire Hathaway by 2023. Tom Waterhouse, the chief […]
Key Points Bitcoin price declined below the $6,100 level before recovering substantially against the US Dollar. There is a major bearish trend line in place with resistance at $6,360 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must break the trend line resistance and $6,350 to move further higher...
The CEO of the Abra cryptocurrency services app recently stated that the market could see Bitcoin test $50,000 over the “long-term.” Abra CEO: “Long-Term I See Bitcoin At Over $50,000” Inverse, an American technology news source, recently reported that the Bill Barhydt, the CEO of Abra, is yet another expert to make a Bitcoin price...
What is the Bitcoin ?
Bitcoin has burst onto the international financial scene in 2017. Appealing to both Wall Street and individuals despite its opacity and putting regulators under pressure. Its value rose from around $ 1,000 in January to over $ 20,000 in mid-December, before falling back to $ 13,000. A dizzying ascent threatening a bubble, even in financial circles ripped to speculation and volatility. The consecration came with the launch on December 10, 2017 of first exchanges of financial products to speculate on its evolution on the US stock market platform Chicago board options exchange (Cboe).
Bitcoin, which relies on a peer-to-peer payment system based on so-called “blockchain” or “blockchain” technology.
Bitcoin is making a dent: it is possible in some cities to pay for it. restaurant note, buy a car or even a house using it. Bitcoin advocates want to rely on this craze to ask the SEC. The US stock exchange policeman authorize the creation of an ETF.
A kind of financial investment in which anyone could put their savings. The value of this financial savings will depend on the performance of bitcoin. The big banks, which play the role of intermediaries in risky markets. The question was the lack of transparency in setting the price of bitcoin and therefore fear price manipulation.
Appeared for the first time in 2009, bitcoin was traded so far mainly on the internet without being regulated. Unlike traditional currencies, it is not issued by a central bank. Transactions are done without intermediaries and it is not necessary to provide personal information. This anonymity and the lack of regulation attract thugs. Also the traffickers wishing to launder dirty money and chills professional investors.
With the exception of Japan, which recognized bitcoin in April 2017 as a legal means of payment. The other major countries wave the red rag. Janet Yellen, President of the US Central Bank (Fed), believes that bitcoin “is not an official currency” and urges financial institutions to ensure that their bitcoin transactions do not violate money laundering laws. money.