Monday, Sept. 2 — Bitcoin (BTC) was fighting resistance close to $10,000 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360 Bitcoin attempts to crack $10,000 barrier Data from Coin360 showed BTC/USD was up 2.25% on Monday — climbing through $9,800 to challenge a ceiling it failed to break the day before. At publishing...Read More
source Joe Raedle/Getty Images On August 7, US Citizenship and Immigration Services eliminated what’s referred to as the “medical deferred action” program, and ordered that any immigrants with pending medical deferred action requests leave the country within 33 days or face penalty. It allowed immigrants facing deportation to remain in the US while they or...Read More
The Dow futures are in the red following the response of China towards new sanctions imposed by the U.S., fueling fears of a possible recession. | Source: Shutterstock The Dow futures are in the red once again following the response of China towards new sanctions imposed by the U.S., fueling the drop of the bond...Read More
This weekend, Bitcoin price closed its second consecutive monthly red candle in a row, as bulls failed to push the price of the leading crypto asset by market cap through resistance to retest its recent local high.The post appeared first on NewsBTCRead More
A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed....Read More
Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this decision was made all of...Read More
Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services. The exchange announced the acquisition on Sept. 2, saying, “JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.” According to the announcement, Binance will...Read More
From co-founding Ethereum with Vitalik Buterin, to leading the global blockchain community, Gavin Wood has played an immense role in the field of blockchain. On September 27th, Wood is set to make his first stage appearance at the ‘Korea Blockchain Week (KBW 2019)’. His arrival at the event will also mark his first official visit...Read More
Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to the Kleiman estate. Wright’s legal counsel based in...Read More
Becoming wealthy takes years of hard work, determination, achievement, planning, saving, and a lot of luck unless you invest wisely and take calculated risks that yield a high reward. Even the most successful investor ever, Warren Buffett, says that “if you don’t find a way to make money while you sleep, you will work until...Read More
Online cryptocurrency casinos are becoming more and more popular as the crypto industry grows. The two go hand in hand, as cryptocurrency provides a safe and fast way to transaction with online application. What are bitcoin casinos? Bitcoin casinos are websites that have casino games and accept cryptocurrency. You simply go to their website, make...Read More
Crypto investors, traders, and analysts alike are mostly in agreement that Bitcoin price has switched to bull market mode ever since the crypto asset left its bear market bottom behind. But now that Bitcoin price has been correcting in recent weeks, the market has become bearish and fearful that a deeper correction will soon be...Read More
Bitcoin has gone through a near-impossible feat of convincing global investors about its worth as the rightful replacement of gold, which has also led some to believe that “the demand for gold is adversely affected by the success of cryptocurrencies.” The recent Crypto Research Report stated, “As of yet, the correlation between gold and Bitcoin...Read More
Momentum is changing so quickly in the crypto markets. If four days ago everyone saw Bitcoin price getting below the $9,000 level for the first time since June, now the bulls are back. As mentioned here on our previous analysis, Bitcoin had shown odd calmness, and we anticipated a coming-up huge move. However, no one...Read More
It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of. Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum. Low Volatility Means Unattractive Investment Let’s...Read More
As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good.” The global economy has been propped up since the end of the...Read More
Bitcoin bulls are back — that’s right. In the past few hours, the cryptocurrency has been regaining its upward momentum once again, finally showing some bullish price action following the Friday close of the CME’s August BTC futures contracts.Related Reading: 1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000This move higher...Read More
News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto.Although Libra was met with praise by many, it certainly has its fair...Read More
In a recent interview, the founder and CEO of eToro, Yoni Assia shed light on the fact that several people anticipate or expect the 2008 financial crisis to repeat itself. This is primarily because the crypto investors expect a surge in the price of Bitcoin in such a case. The potential financial crisis would enable...Read More
Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to a detective heading the investigation. Back in April, a Connecticut resident fell victim to a cryptocurrency theft by New Jersey citizen Darren Carter, wherein the latter swiped the...Read More
Yves Mersch, a member of the European Central Bank’s executive board, warned of the dangers of the “cartel-like, “treacherous” Facebook Libra crypto. | Source: AFP PHOTO / DANIEL ROLAND A member of the European Central Bank’s executive board sounded the alarm on the “treacherous, cartel-like” Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to...Read More
Bitcoin’s price has risen above $10,000 for the first time in nearly a week as Tether releases $7 million in USDT from its wallet and a bullish divergence appears on the 4-hour chart. Bitcoin Price Up By 5% Bitcoin has gained more than 5% in a few hours on Monday (September 2, 2019). This surge...Read More
D Community (http://2ds.one/) is a youth community based on blockchain technology, which is upgraded from the well-known ACG brand “Dilidili”. With the prior success of “Dilidili”, D community has achieved great experience to build the ecosystem. So far, D Community has generated 30million to 40million monthly active users (MAU) which is the same level with...Read More
Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCN Ray Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man. Dalio is the founder of...Read More
The clear rise in adoption of cryptocurrencies can be noted across various sectors, such as tourism. Major heavyweights of the tourism sector, such as Blockchain Cruises and Expedia, are already offering services that accept payment in crypto. Benefits of cryptocurrency payments are being realized at a global level. Travala, room-booking website that accepts cryptocurrency, achieved...Read More
September 2, 2019 21 Views Fans are up in arms after Sony delisted stunning racing game Driveclub from the PlayStation store a day earlier than planned. | Source: Source: Justin Sullivan/Getty Images/AFP Fans are up in arms after Sony delisted Driveclub from the PlayStation store a day earlier than planned. Sales of the driving game...Read More
Steemit is a blockchain based social media platform where you can get paid to post content. It’s similar to reddit, but each upvote actually gives you tokens. Steem Blockchain Issues Steem has been having issues with its blockchain for the past day, and users are unable to make new posts. We are aware of the...Read More
Bitcoin’s price action has stalled beneath the 100-day moving average, signalling indecision and increasing the odds of another sell-off. The daily technicals (RSI and awesome oscillator) show no signs of a relief in bearish selling pressure, at least not for the next few days. Should the bulls conceit defeat this week, expect another retest of...Read More
After a significant drop in Litecoin’s hash rate and price after the halving, the crypto was widely speculated to have exhibited signs of volatility. Additionally, the number of active addresses on the network also dropped to an almost two-year low. While Litecoin and by extension, the cryptocurrency space, is no stranger to FUD and FOMO,...Read More
