Most Recent

Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next

Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it […]

236
Like
Save
Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes

The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin […]

891
Like
Save
Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in […]

1,173
Like
Save
Bitcoin [BTC] Miners Recording Massive BTC Outflows, Will Bulls Survive?

Just a day ago Bitcoin was seen lounging above 10K. However, in just a day’s time, the price of the coin plummeted back to the 9K zone. As per CoinMarketCap, Bitcoin witnessed a 5.91% drop in its price over the past 24-hours, at press time. Bitcoin’s New York  Minute Merely 24-hours ago, the crypto community […]

1,486
Like
Save
Hard Fork Sets Stage for Ethereum Classic’s Second Major Departure From Ethereum

Ethereum Classic has largely followed Ethereum in lockstep. But as the larger chain goes toward Proof-of-Stake, ETC is sticking with Proof-of-Work.

970
Like
Save
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week’s European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.

1,391
Like
Save
Iran Needs to Take Bitcoin Seriously, Says Lawmaker

An Iranian lawmaker is advising the government to actively control the development of the local Bitcoin (BTC) and crypto industry.  Bitcoin Could be Beneficial for Iran According to Tasnim News Agency, Mohammad Hossein Farhangi, a member of Iran’s Parliament says the country’s government needs to move forward with developing its emerging crypto market. Speaking on […]

801
Like
Save
Bittrex Crypto Exchange Lists SOLVE-USD Trading Pair

Bittrex crypto exchange is now the latest platform to list the SOLVE-USD trading pair as the blockchain healthcare project continues to gain popularity. Solve.Care Now Available for Trading on Bittrex Solve.Care announced the news of the SOLVE-USD trading pair listing in a press release published on Tuesday (June 2, 2020). According to the press statement, […]

1,232
Like
Save
World’s Second Largest Bitcoin Mining Wants to Lend you Bitcoin, Partners with BlockFi

China’s Poolin is bolstering its cryptocurrency lending business. The firm announced a partnership with BlockFi, the U.S.-based lending firm late on June 2, 2020.  Bitcoin Liquidity for Miners As reported on Coindesk, Poolin’s mining business will now expand to include more lending and financial services. New York’s BlockFi will act as an “interbank lender,” proving […]

902
Like
Save
Matic Launches Mainnet Aiming to Bring More ‘Firepower’ to Ethereum

Matic, a sidechain scaling solution for Ethereum, has deployed the first 10 nodes of its mainnet after several years in development.

1,068
Like
Save
Trader: Bitcoin Looks Almost Exactly as It Did Prior to an 80% Rally in 2019

It’s been a tough past day for Bitcoin. Just a little more than 12 hours after the cryptocurrency crossed $10,000 for the first time in weeks, BTC’s price tanked. As reported by Bitcoinist previously, saw a mass liquidation event on derivatives platforms that took Bitcoin as low as $8,600 on BitMEX. For BitMEX in specific, BTC […]

400
Like
Save
Bitcoin (BTC) Price Below $10K Again while President Trump Tries to Restore Law and Order in U.S.

Continue reading at Coinspeaker

316
Like
Save
Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf

An Iranian lawmaker wants his country’s central bank to take bitcoin seriously.

1,387
Like
Save
The Housing Market’s 9-Year Winning Streak Is Finally Coming to an End

The housing market has built an incredible 9-year winning streak. But experts say that streak is about to come to an end. The Housing Market’s 9-Year Winning Streak Is Finally Coming to an End by CCN.com

502
Like
Save
Ethereum to See Intense Rally After Liquidating $50 Million in Short Positions

Ethereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure. The recent movement that led ETH to rally from the lower-$200 region to highs of $245 left a trail of destruction in its wake, liquidating […]

25
Like
Save
Canada: Bitcoin Businesses Are Now Fully-Regulated, Listed as “Money Service” Entities 

Canada’s Bitcoin- and crypto-focused company owners can now rejoice. The country has regulated all digital asset businesses as of June 1, 2020, after a five-year-long negotiation with local Bitcoin players.  Good for Bitcoin Ecosystem As per an amendment made to its financial framework, all Bitcoin businesses in Canada are now classified as “Money Service” operations […]

1,366
Like
Save
‘Sell in May’ Wall Street Adage Doesn’t Apply to Bitcoin, Data Suggests

Investors who sold bitcoin in May missed out on positive returns during 8 of the past 10 years, according to market data.

700
Like
Save
Bitcoin Rises Above $10K for First Time in 25 Days as Protests Roil US Cities

Bitcoin has risen above $10,000 for the first time in almost a month as protests in U.S. cities continue to intensify.

1,060
Like
Save
Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside

Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen […]

1,278
Like
Save
Bitcoin Just Saw Its Biggest Breakout Ever, and That Means $10k Is Just the Start

It’s been an explosive past few days for Bitcoin. After tanking as low as $8,600 on the weekend before last, the cryptocurrency breached $10,000 just hours ago. On Bitstamp, BTC traded as high as $10,429, according to TradingView.com data. While the asset remains below the yearly highs of $10,500, a prominent analyst noted that this […]

1,495
Like
Save
Bitcoin Braces for $11,000 on Weaker Dollar Demand

Bitcoin rose above $10,000 in an overnight rally Monday for the first time since May 8, 2020. The gains surfaced as investors sold the US dollar for riskier assets amid optimism about economic recovery. Other factors, including the U.S.-China tensions and the stock market’s upside, also contributed to the rally. Bitcoin rose Monday in a […]

1,061
Like
Save
‘Financial Surveillance’ or ‘Blockchain Analysis’? Human Rights Foundation Debates Elliptic

Blockchain analysis is “a euphemism” for surveillance, HRF Director Alex Gladstein told Elliptic’s Tom Robinson during a debate on crypto tracing Monday.

1,098
Like
Save
Bitcoin Erupts Past $10,000 After Consolidation: $90 Million Liquidated on BitMEX

Bitcoin has finally done it. Minutes ago, the asset rocketed past $10,000 for the first time in weeks, reaching as high as $10,250 in a massive surge upward. This was a more than 7% jump from where the cryptocurrency was trading prior to the move. Traders were largely unaware that this move was going to […]

423
Like
Save