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Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder

Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset Management. Bitcoin Yet to Shine The founder & CIO on Wednesday referred to bitcoin’s dwindling price action against an already gloomy macroeconomic outlook. Recognizing that investors should […]

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Brandt’s Momentum Indicator Highlights Potential Bitcoin Reversal

Bitcoin’s market valuation has already made some surprising moves in 2019, outperforming both the NASDAQ Composite and S&P 500 (on a YTD basis) by a wide margin.  However, an inability to hold support at key technical regions would suggest this year’s bull trend hasn’t yet been validated. Bitcoin’s Line in the Sand Since the beginning […]

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No Friday Feeling For Bitcoin As It Falls Back to Four Figures

A very short lived foray into four figures for bitcoin yesterday was over before it really began. The recovery showed all signs that there are just too many buyers lurking below $10k. However, a different picture is unfolding this Friday morning as Asia again dictates the direction of flow for BTC markets. Bitcoin Back Below […]

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Binance US Bitcoin Exchange Will Launch ‘In Couple Of Months’ Says CZ

Bitcoin exchange Binance will launch its US platform to everyone except New York residents by the end of October, its CEO has revealed. Binance Will Not Serve New York Speaking to news magazine Cheddar in an interview on August 15, Changpeng Zhao, also known as CZ, said preparations were underway to get Binance US to […]

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Crypto Exchange Coinbase Acquires Xapo’s Institutional Custody Business

Cryptocurrency exchange Coinbase has acquired the institutional business of cryptocurrency wallet and custody solution provider Xapo.

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Altcoins Annihilated In Massive $30 Billion Crypto Market Mauling

A bad day for Bitcoin usually spells a nightmare for the rest of the cryptocurrencies. That appears to be exactly what is happening this Thursday on crypto markets as BTC falls to four figures while altcoins get absolutely annihilated. Double Digit Dump For Crypto This time yesterday total crypto market capitalization was over $280 billion. […]

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Did Chinese Ponzi Scam Cause Bitcoin To Tank 10%?

For the umpteenth time Bitcoin has dumped double digits in a single day … again. Yet the FUD and panic still pervades the scene like a bleak cloud of despair that will be blown away and forgotten within a week. A Fourth Dip to Four Figures Since the big rally begun in early April, Bitcoin […]

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Cryptocurrency salary in New Zealand is now a go

Cryptocurrency salary payments on a mass level is a huge leap forward for the mass cryptocurrency adoption, and New Zealand has just opened a new door here. Inland Revenue Department (IRD) of New Zealand has legalized the payments from companies to employees in cryptocurrencies, including Bitcoin. On June 27, 2019, the Director of Public Ruling, […]

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Bitcoin Price & Technical Analysis: BTC Testing Important Support

Coinspeaker Bitcoin Price & Technical Analysis: BTC Testing Important Support On the weekly timeframe, the Bitcoin remains in the ascending channel; however, a decline to the support line may turn into a breakaway and a decline to the psychologically important level of $7,000. Bitcoin Price & Technical Analysis: BTC Testing Important Support Continue reading at […]

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Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners

Coinspeaker Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners Malaysia’s power utility company is now targeting Bitcoin miners who have been stealing electricity to power their mining activity. Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners Continue reading at Coinspeaker

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Is Bitcoin Not a Safe Haven? Crypto Crashes in Tandem With Dow

Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset. You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books. Related Reading: What is Driving the Bitcoin Price Under $10,000? Crypto VC […]

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Bitcoin’s Impact On The Environment Is Largely Fiction, Claims Prominent Energy Specialist

Bitcoin uses more electricity annually than Czechia, according to the latest estimates from the University of Cambridge. While Bitcoin is leading the charge to democratize money, there is no escaping its power-hungry reputation. And the current research from the Cambridge Centre for Alternative Finance (CCAF) does nothing to dispel concerns over its environmental impact. Bitcoin […]

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Bitcoin Slips in Tandem with US Stocks; Still a Safe-Haven?

Bitcoin fell by as much as 5.54 percent on Wednesday after bond markets warned the possibility of a recession is growing. The BTC/USD instrument today established a new local swing low of $9,470 on San Francisco-based Coinbase exchange. The downside price action brought the pair’s week-to-date losses to circa 18 percent. It nevertheless attempted a […]

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Bitmessage Developer: Craig Wright Faked Documents on Bitcoin Creation

The developer of peer-to-peer messenger Bitmessage testified against computer scientist Craig Wright, stating that some of Wright’s documents in a trial were faked. The developer of peer-to-peer messenger Bitmessage, Jonathan Warren, testified against Australian computer scientist Craig Wright stating that some of Wright’s documents in a recent trial were faked. Per a court document released […]

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Will Investors Flee to Bitcoin as Recession Looms?

The global economy has been facing increasing downwards pressure as of late that has sparked significant fear amongst traditional investors, and now one historically accurate indicator is flashing warning signs of an imminent recession, which could prove to be a positive thing for Bitcoin (BTC). Importantly, analysts are also noting that the sheer amount of […]

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Analyst Advises Ignoring Short Time Frames as Bitcoin is Going to $100k

Since its epic surge off the floor in early April, bitcoin has reached a level where it appears to be comfortable consolidating. This could continue for quite some time as one prominent analyst suggests. It might be time to ignore these choppy markets and focus on the bigger picture. Bitcoin In Slow Decline Bitcoin is […]

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Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool

Bitcoin price losses 7% in 24 hours sparking criticism from naysayers but sentiment has yet to turn bearish. Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500.  Market visualization. Source: Coin360 Trade war tensions relief lifts markets, sinks Bitcoin price  Data from Coin360 painted […]

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Chainlink (LINK) Dump Erases $600 million in Market Value

Roughly $600 million in the market value of LINK tokens has been erased after a series of bulk sales triggered in July. Following a 4chan media blitz conducted by the Chainlink development team, valuations have fallen by nearly 60% (after reaching highs above $4.80 on June 29th). ChainLink Market Value Evaporates After Chainlink raised $32 […]

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Safe Haven? Bitcoin Price Falls Below $11,000 Alongside Gold Bull Rejection

Bitcoin price has been rallying throughout 2019, and most believe that the crypto asset is about to embark on its greatest bull run yet. As global economic tensions and uncertainty rise, so does the price of gold and its digital counterpart Bitcoin. The rise has only further driven Bitcoin’s safe-haven asset narrative, suggesting it’s the […]

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Crypto Investors Believe There’s More Pain Ahead For the Altcoin Market

Bitcoin has had near non stop bullish momentum throughout 2019, but the altcoin market hasn’t been near as fortunate – sans a couple of outliers. The sentiment surrounding altcoins is in the gutter, and prices of even top altcoins have continued to drop in USD value and even more so in their BTC ratios. Even […]

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Altcoin Chainlink On-Chain Activity Makes It A Standout In Crypto Market

The crypto market is a new and emerging asset class that – due to the various innovation factors, its speculative nature, and the technological intricacies of each individual coin – makes assigning a value to any altcoins exceedingly difficult to pinpoint with any sort of accuracy. Crypto analysts use a variety of metrics to determine […]

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Two Economists. Two Views on Bitcoin’s Ability to Disrupt Fiat Money

“Half of the audience here is like, ‘I hope you die in a fire.’”

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Seed CX Begins Testing Swap Contracts Settled in Real Bitcoin

Seed CX has begun testing bitcoin margin swaps with users and is waiting on regulatory approval to launch them.

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