Bitcoin and crypto prices are back in the green this Monday morning in Asia following a 5% gain from the king of crypto. BTC markets have been bolstered again and a couple of factors could be in play. Weekend Rebound for Bitcoin Price Following a fall from resistance last week, bitcoin price has rebounded again
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Bitcoin (BTC) plans to move higher and further squeeze bears in the short term, several price indicators suggest. As the week begins, a group of measurements — some surprisingly accurate historically — are combining to make traders firmly bullish on BTC. Guppy repeats April 2019 bull signal Leading the positive signs is a useful but
A lawsuit accuses the frontman of the TRON cryptocurrency and his business associate of harassing and firing two employees, allegedly as payback for the employees’ objections to management practices and applications of the technology they were developing. In a 70-page court document filed in October in California state, Richard Hall, 50, and Lukasz Juraszek, 28,
Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month. “We planned a 10-city tour to talk with potential clients in China,” Wu, the CEO and founder of non-custodial crypto lender DeFiner, said. “Nobody wants to attend any crypto-related conferences or any meetings
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether gold (XAUT), which will be listed for trading
Once Bitcoin (BTC) started to incur strong losses in the second half of 2019, analysts were once again making extremely low price predictions. Per previous reports from NewsBTC, long-time Bitcoin skeptic and CEO of Euro Pacific Capital Peter Schiff said in a tweet that the price of the leading cryptocurrency could “dump” to $1,000 to
This week saw the World Economic Forum in Davos. What better opportunity for US Treasury Secretary, Steven Mnuchin, to take a dig at 17-year-old Swedish girl, Greta Thunberg? Of course, many took the opportunity to discuss important things like Bitcoin and cryptocurrency. Bitcoin Price: Meh… Okay, so I’d like to just write ‘meh!’ and move
The coronavirus outbreak that started in China has gradually spread to a number of countries across the world. This is creating panic among investors as the death toll continues to rise. As a result, global equity markets and crude tumbled last week. Though cryptocurrencies also gave up some ground, they are currently attempting a relief
The World Economic Forum has created an international consortium to design a governance framework for cryptocurrencies, including stablecoins. Announced Friday, the consortium seeks to bring together financial institutions, government representatives, developers and other members of the global community to determine what sort of governance around cryptocurrencies can best further the goal of financial inclusion. Digital
The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show gathered to discuss Lightning Network technology and two innovative approaches at the wallet level which simplify the new-user experience at a tangible, but seemingly minimal cost. Subscribe to the new CoinDesk Podcast Network for fresh, insightful episodes
The primary use case for staking blockchains is staking. That is their raison d’être, and thousands of cryptocurrency holders have utilized this provision to increase their holdings by earning staking rewards. As the total amount of staked tokens trends towards 80% for some blockchains, however, it raises questions as to what other utility these chains
Over the past few days, Bitcoin (BTC) has stalled, finding itself between a rock and a hard place. Many analysts are currently undecided where the cryptocurrency will go in the next few weeks, though one top trader recently noted that BTC’s price action at $9,200 could be a precursor to more downside. How Bearish Is
Atlanta rapper and and Twenty Five Records leader, Block 125, sits down with DJ Smallz and explains his investment into digital currency. Have you invested any money into cryptocurrency? Share your story by posting a comment below. SUBSCRIBE to our channel now to see more: http://bit.ly/1S4Ndsx OTHER INTERVIEW CLIPS FROM BLOCK 125: WATCH OUR PLAYLISTS:
YouTube bitcoin and crypto price analyst Benjamin Cowen yesterday released a new video examining the BTC 20-week moving average (20MA) as a macro-level market indicator. What does it say? Bitcoin Price: Support or Resistance Based on historical data, when the 20MA is acting as support for BTC price, Bitcoin has tended to be in an
The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is putting pressure on investors and companies alike. The first complication came only 10 days into the year. In early January, the European Union’s landmark
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.4 billion). Crypto
Bitcoin (BTC) has been caught within a bout of turbulent price action over the past several days and weeks, which is elucidated while looking at the wide trading range between $8,300 and $9,200 that it has been trading within for the past week. Although the sharp rejection at $9,200 last week did do some damage
One of the recurring themes in the digital asset markets across 2018 and 2019 has been the failure of multiple Bitcoin (BTC) exchange-traded fund (ETF) applications to gain the approval of the United States Securities and Exchange Commission. Each new application was met with anticipation, only to be dismissed for the same reason: concern over
A fifth of the world’s population may well have access to a central bank digital currency (CBDC) in as little as three years, according to a new survey. An annual study carried out by the Bank for International Settlements (BIS) asked 66 central banks if they were working on CBDCs and, if so, what type
