The YouTube cryptocurrency purge was a hot topic in the last days of 2019, but it seems that it may not be over. Another prominent cryptocurrency YouTuber has bemoaned that he received a strike on a recent live stream video and is unable to upload new content. YouTube Purge Not Really Over? During Christmas time...Read More
Since breaking the $8600 resistance two days ago, Bitcoin had continued its surge directly to the upper ascending line, the one that is marked on our following 4-hour chart. It looks like Bitcoin’s rally got a (temp?) ‘roof’ at that ascending trend-line. Why a temp roof? If Bitcoin would like to reach new highs, it’s...Read More
The largest cryptocurrency exchange in South Korea, Bithumb, has filed a complaint with the Tax Tribunal against the National Tax Service (NTS). The company wants the Tribunal to nullify a tax for nearly $70 million, which was previously imposed by the NTS on its customers. Bithumb Fires Back At the end of 2019, NTS imposed...Read More
According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere. Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital...Read More
The situation in Lebanon just got intense as the Western Asian country is currently facing what appears to be its worst economic crisis since the end of its civil war in 1990. Reports from international news media, France 24, today revealed that angry protesters launched a night-time attack on several banks in the Beirut, the...Read More
During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out. Huobi’s Impressive 24H Inflows The popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges....Read More
DASH sees an epic 46% price surge over the past 24 hours, bringing the price for the coin up to $120. Against BTC, DASH has rocketed above 0.01 BTC and climbed much higher toward 0.013 BTC. DASH has now increased by a total of 183% over the past fortnight, allowing the cryptocurrency to rise into...Read More
The majority of voters in a recent poll think that Bitcoin will surpass its all-time high of $20,000 in 2020. This comes just one day after an impressive price surge of almost 8%, confirming the generally positive sentiment in the community. 2020 – A New BTC ATH? The cryptocurrency market experienced a serious price increase...Read More
It appears that the cryptocurrency community won’t be seeing an SEC Bitcoin ETF yet again, as Bitwise has withdrawn its application which was filed in January 2019. According to the official note, the move is largely due to the public interest and pursuant to existing regulations. Bitwise Withdraws Bitcoin ETF Application A lot of people...Read More
Popular cryptocurrency exchange Bitstamp and California-based Silvergate Bank have partnered up to launch a new Bitcoin leverage trading product. It would allow institutional investors to trade with leverage collateralized by Bitcoin and held on the exchange. SEN Leverage By Bitstamp And Silvergate Bank The Luxemburg-based cryptocurrency exchange recently announced its involvement with Silvergate Bank’s new...Read More
Bitcoin set the stage for an impressive price increase throughout the whole market with a positive run to over $8,800 at one point. Amid all this, the popular transaction monitoring resource, Whale Alert, detected a $1 billion transaction carried out with BTC. $1 Billion Transferred For $80 The last 24 hours have been nothing short...Read More
With initial coin offerings (ICOs) virtually gone and initial exchange offerings (IEOs) now dominating the crypto industry as the newest method of fundraising for blockchain projects, the United States Security and Exchange Commission (SEC) has warned US investors to be cautious when investing in them. The regulator issued an official notice today, warning crypto investors...Read More
In a recent interview with Cheddar, Heath Tarbert, Chairman of the CFTC, sat down to talk about Phase 1 of the upcoming U.S.-China trade deal, slated to be signed on Wednesday of this week. According to Tarbert, the trade deal will “be an immense success,” and that once the agreement is signed, we’ll start to...Read More
Bitcoin Satoshi’s Vision (BSV) has surged over 100% today, creating a fresh all-time high at above $400. The price increase was steady throughout the entire day, and it followed news that Craig Wright has reportedly received the keys for the popular Tulip Trust. Bitcoin SV Price Surging To An ATH Saying that today was a...Read More
XRP sees a 5% price increase today, bringing the cryptocurrency back above the $0.22 level. Against BTC, XRP has dipped lower as it breaks through the 2600 SAT support. The latest price increase is largely due to the fact that Bitcoin surged by over 6% in today’s trading session. Key Support & Resistance Levels XRP/USD...Read More
When news first broke out about Akon’s plans to build a “real-life Wakanda city” powered by cryptocurrency and renewable energy, many thought it was just a ruse for the African-American singer and entrepreneur to stay relevant. However, recent events have shown that the iconic rapper is indeed serious with his plans to build his own...Read More
Liteocin saw a 20% price surge this week that allowed the price for the coin to rise toward the $54 level. Against BTC, LTC has also increased as the market meets resistance at the 100-days EMA. Litecoin has now shot back into the 7th ranked position with a market cap of $4.64 billion. Key Support...Read More
Augur, one of the largest decentralized betting platforms, is preparing to launch a new version of its product. It will provide several notable changes and improvements for its users, allowing them to place different types of bets on cryptocurrencies. At the same time, Augur’s native coin REP records a daily increase of almost 7%. Augur...Read More
The cryptocurrency market is on the move again, and the dominant color is green. With some impressive numbers across the charts, the total market capitalization rises to $227 Billion. The green is led by Bitcoin, which is seeing decent gains of 5% since yesterday. BTC started 2020 at $7,200 and is up with 18% since...Read More
Bitcoin just completed a daily surge of more than $400, marking $8580 as its current daily high. Yes, maybe when you’re reading these lines, the king of the cryptocurrencies had continued its way even higher. Three days ago, on our recent price analysis, we had stated clearly that the short-term looks bullish for Bitcoin. The...Read More
Ethereum is moving sideways at the $143 level as it attempts to overcome resistance at $147. Against BTC, ETH is struggling to overcome resistance at 0.0179 BTC but remains supported at 0.0175 BTC. Ethereum still remains within a neutral condition until the bulls can bring the market above the December highs at $152. Key Support...Read More
Summary EOS witnessed a 7-day price increase of about 11.30%, bringing its price up to $3.10. The cryptocurrency broke above a 6-month old descending price channel this week. Against Bitcoin, EOS managed to break above a 5-month old symmetrical triangle pattern as it heads higher. Key Support & Resistance Levels EOS/USD Support: $3.10, $3.00, $2.64....Read More
China has reportedly published a second printing of its textbook guide on blockchain and cryptocurrencies. It educates readers about their future usage and potential impact on the world. While teaching about the former is more easily accepted, the latter might come as a surprise since crypto trading has been banned for years in the country....Read More
BitMEX Research, the analysis arm of the popular Bitcoin margin trading exchange, recently published a report on the Lightning Network (LN). The scaling solution for the world’s largest cryptocurrency demonstrates considerable growth across several aspects. Bitcoin’s Lightning Network Grows The Lightning Network, which is Bitcoin’s off-chain scaling solution, continues to grow. According to a recent...Read More
The Chicago Mercantile Exchange (CME) will launch options on Bitcoin futures starting today. This comes as a result of the increased interest in cryptocurrencies. Moreover, analysts from JP Morgan think that there’s a high-anticipation among institutional investors for CME’s newest product. Anticipating CME’s Bitcoin Futures Options CME recently announced the launch of its newest product...Read More
XRP continues to hold strong as it trades sideways along with the $0.21 level. Against BTC, it managed to climb back above the 2600 SAT level but the bulls look pretty weak. The RSI remains above the 50 level which shows that the momentum remains in the hands of the bulls at this moment in...Read More
Bitcoin had a quiet start 11 years ago but since then has implemented serious innovations within the financial world and has managed to leave a definitive mark. While some people debate over the incredible investment returns it has delivered over the past decade, the largest cryptocurrency also managed to disrupt the whole financial sector. Let’s...Read More
Cryptocurrencies and illegal activities are often mentioned in the same sentence, especially by those who don’t support the idea of digital assets. Their anonymous nature leaves room for attacks that they are mostly used for similar transactions, but some reports might bring more light to the case. With this said, let’s find out whether or...Read More
The end of 2019 marked yet another volatile and, in most cases, profitable, year in the cryptocurrency community. The field continues to evolve with new developments while governments are starting to pay further attention, ultimately leading to a more mature market place. A recent report has compiled interesting data regarding the performance of Bitcoin, Ethereum,...Read More
The whole cryptocurrency market has been somewhat volatile over the last several days. Bitcoin, for example, is almost invariably on the move. Friday, it went down to $7,666 on Bitstamp and yesterday surged to nearly $8,300. At the time of this writing, it has calmed to around $8,100. Taking a look at the technical aspects,...Read More
