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Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end, and Bitcoin could cross the finish line […]

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Bitcoin (BTC) Price Weekly Forecast: Decline Far From Over

There was a strong drop in bitcoin price below the $10,500 support against the US Dollar. The price is currently correcting losses, but it remains below key hurdles near $10,500. There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair […]

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Coinbase Faces Negligence Charges Over Botched Bitcoin Cash Launch

A U.S. judge has ruled that Coinbase must face negligence charges over its actions around the launch of Bitcoin Cash trading. However, the majority of claims against the company, including those of fraud and unfair competition, were thrown out. “Incompetence Born Of Haste” Judge Vince Chhabria decided that the refiled complaint laid out a “plausible account […]

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Bitcoin Price Dips Under $10K as Analysts Disagree Over 2019 Trajectory

Sources offer increasingly different outlook for Bitcoin price by 2020, with technical analysts more bearish. Bitcoin (BTC) price fell below $10,000 again on July 26 amid mixed conclusions about where markets are likely to go this year.  Market visualization. Source: Coin360 Bitcoin price headed to $7,000 or $20,000? Data from Coin360 showed renewed selling pressure […]

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Bitcoin Is Winning Over The Skeptics, Mainstream Acceptance Is A Matter Of Time

Since its inception over ten years ago, Bitcoin has drawn a multitude of criticism. We, in the community, have had to contend with swipes about volatility, illegitimacy, and perhaps most cutting of all, that it’s a scam. BITCOIN IS A SCAM!!Trump says so!!!#MAGA — Haus (@_HausMaus) July 12, 2019 Unsurprisingly, it’s been an uphill battle […]

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Bitcoin Cash’s Roger Ver slammed on Twitter after claiming BCH dominance over BTC in Japan

Mainstream adoption of cryptocurrencies has been one of the fundamental aims of a lot of proponents in the space. Roger Ver, the Chief Executive Officer of Bitcoin.com, is one of the major players pushing this agenda. In a recent tweet, the hardcore Bitcoin Cash proponent stated that BCH is “now far more popular in Japan […]

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CFTC Investigates Crypto Exchange BitMEX Over Client Trades

Coinspeaker CFTC Investigates Crypto Exchange BitMEX Over Client Trades The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing crypto derivatives exchange BitMEX to determine whether it broke rules by allowing U.S. traders on its platform. CFTC Investigates Crypto Exchange BitMEX Over Client Trades Continue reading at Coinspeaker

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Crypto Markets Plummet Amidst BTC Instability, But the Worst Could be Over for Altcoins

After incurring some incredibly bullish buying pressure that sent Bitcoin running up to $13,000, the cryptocurrency was unable to maintain its strength and was sent reeling down to the lower-$12,000 region. BTC’s latest drop proved to be quite damaging for the crypto markets, as many altcoins are now trading down nearly 10%. Despite their recent […]

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Kevin O’Leary & Jeremy Allaire Clash Over ‘Rogue Currency’ Bitcoin

If you though the Nouriel Roubini/Arthur Hayes debate was heated, you haven’t seen anything yet. Shark Tank’s Kevin O’Leary and Circle CEO Jeremy Allaire faced off on bitcoin during a CNBC segment, and fortunately, it wasn’t an in-studio discussion or things could have turned ugly. O’Leary, who has earned the nickname Mr. Wonderful, came out […]

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Bitcoin Price ‘Extremely Bullish' Again After 20% Pump to Over $11,000

The largest cryptocurrency rose as high as $11,525 in Wednesday trading, capping daily gains of 20%. Bitcoin (BTC) surprised markets and and the media alike on July 3, jumping over 20% in 24 hours to overcome resistance at $11,000. Market visualization courtesy of Coin360 Data from Coin360 put BTC/USD firmly in the green Wednesday, following […]

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Bitcoin Price Consolidates Back Over $12000, Markets Bullish

The long-awaited Bitcoin price correction has failed to materialize yet again as the king of crypto has held on to gains over the weekend. Consolidation around $12000 appears to be forming and the uptrend is still clearly very strong. Bitcoin Price Back Above $12000 Over the past 24 hours BTC has been slowly grinding higher […]

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Ethereum-Based Synthetic Asset Platform Loses Over 37M Tokens in Oracle Attack

An Ethereum-based synthetic issuance platform lost over 37 million in synthetic ether. The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24. While the amount of sETH in question is known to be over 37 million, […]

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Bitcoin [BTC] Hovers Above $11k; This Surge Is Far From Over

Bitcoin defends $10,500 support on Monday paving the way for gains above $11,000. Technically Bitcoin has the potential to beat its recent 2019 highs and correct towards $15,000. Bitcoin bulls are currently at their strongest since this year started. Bitcoin did not only surprise many by breaking the key resistance at $10,000, BTC/USD also formed […]

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Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands

Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already shaken off concerns. FATF Meets Its Match As Bitcoinist reported last week, June 21 sees publication of new material from the Financial Action Task Force (FATF) aimed at cryptocurrencies. Set […]

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Facebook Sued By Dutch Media Tycoon Over Scam Bitcoin Ads

Facebook is being sued by Dutch media tycoon, John de Mol, for posting fraudulent Bitcoin ads that listed him as an investor.  Billionaire Claims Facebook Turns a Blind Eye to Scams On Wednesday, Reuters reported that John de Mol, the billionaire businessman behind the popular reality TV show ‘ Big Brother’ was suing Facebook for […]

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Billionaire Entrepreneur Sues Facebook Over Bitcoin Scam Advertisements

The inventor of the reality television programme “Big Brother”, John de Mol, has sued Facebook over its negligence in policing the advertisements it allows on its platform. The Dutch billionaire has been the face of a fake advertising campaign for a Bitcoin investment platform. De Mol is not the only celebrity to have had his […]

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Consumers In Over 150 Countries Can Now Buy Stocks With Bitcoin

San Francisco-based Bitcoin investment app Abra has released its service to users outside the US allowing 150 countries to buy stocks. Bitcoin-Collateralized Stocks Arrive For Consumers Abra, which launched its investing service in February, will now cater to anyone in 155 countries wishing to gain exposure to various assets including traditional stocks and exchange-traded funds […]

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Bitcoin Hits New Yearly High Over $8,900 – Are Double Digits Imminent?

Following a return to resistance at $8k, Bitcoin price is clearly not ready to correct just yet. A few hours ago during Asian trading, BTC surged to its highest price since May last year. The move has lifted the entire cryptocurrency market up to a ten-month high. Bitcoin Price Pumps 13% Bitcoin (BTC) recorded a […]

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Ethereum (ETH) May Pull Back Over Next Two Weeks, BitMEX Data Hints

Ethereum May Soon Consolidate It isn’t a secret that the cryptocurrency market has been on a tear. Bitcoin (BTC), Ethereum (ETH), and many other crypto assets are right under their year-to-date highs, and look poised to break into a decidedly bullish cycle. However, an astute observer, who goes by “Rptr45” on Twitter, suggests that the […]

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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst

By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. Interestingly enough, Hartnett says global investors are investing in bitcoin not because they see it as a safe haven asset in […]

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Crypto Market Wrap: Correction Cools Off But May Not Be Over Yet

Crypto markets recover from their epic plunge; Binance Coin, Cosmos, NEM bounce back, Tezos still falling.  Market Wrap The brakes have been put on the big crypto pullback for now as things settle down while we enter the weekend. Bitcoin’s plunge had been halted above $7,000 yesterday and the altcoin avalanche came to an end, […]

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Bitcoin is Dominating Crypto Taking Over 90% of All Mining Fees

When considering Bitcoin dominance in terms of market cap and trading volume, spare a thought for the poor miners. The miners of other altcoins, that is, as they share under 10% of the total fees value between them. Only Bitcoin (and Ethereum) Mining Truly Earns A Fee According to figures from Messari.io, Bitcoin miners collected […]

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5 Plausible Reasons Bitcoin Price Exploded Over the Weekend

The buying frenzy may have cooled off a bit, yet Bitcoin is still keeping its head above the $7,000 mark. What caused Bitcoin price to skyrocket this time around? Digging a little deeper, it appears it was not retail-driven. Why Bitcoin Price Went Ballistic Oftentimes when we see a Bitcoin buying frenzy, it’s fuelled by […]

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