It has not been a good year for cryptocurrency funds, depending on how one interprets the new reports coming out. From a longevity point of view, the current statistics are borderline alarming. The State of Cryptocurrency Funds in 2019 Several dozen crypto funds have shut down throughout 2019, primarily due to very little price action...Read More
The US Marshals Service and FBI have updated an earlier warning against scammers impersonating law enforcement officers. The agencies say those behind the scams accuse a potential victim of a crime and demand payment via a Bitcoin ATM or another somewhat obscure payment method.It’s unclear how effective such scams are. The requested payment method should...Read More
There are currently more Bitcoin keys with at least one satoshi associated with them than there has ever been before. The number of plus balance addresses is even higher than it was at the peak of the 2017 bull market. The figures, although problematic, give something of an indication of the number of Bitcoin users around...Read More
Coinbase continues to explore its options in the cryptocurrency space. That also includes adding support for digital assets in any way possible. As far as the Coinbase Card is concerned, it has now received DAI stablecoin functionality. A Different Asset for the Coinbase Card It is the first time any stablecoin is supported on this...Read More
Bitcoin price is trading within a tight range as of late. Even the few surges here and there in either direction, have resulted in the leading crypto by market cap falling back into the current range.The post appeared first on NewsBTCRead More
XRP Chart Strong It seems that cryptocurrency bulls are back — at least for now. Over the past 24 hours, Bitcoin has gained 7%, rallying to $8,400 from this weekend’s local low of $7,700. Interestingly, altcoins have managed to keep pace with the market leader, posting similar if not greater gains. XRP, for instance, has...Read More
After facing a swift selloff overnight, the aggregated crypto markets have been able to post a strong recovery today, with XRP and most major altcoins surging as Bitcoin reclaims its position within the lower-$8,000 region after briefly dipping to $7,800. Analysts are now noting that XRP’s recent price action has allowed it to form robust...Read More
Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest expansion into Europe. According...Read More
EOS and most major altcoins have continued to range sideways as Bitcoin reacts to its near-term critical support level at $8,000, which is where it is currently trading at. One prominent analyst is now noting that he expects EOS to see further downwards pressure in the near-term but is also adding that it has the...Read More
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to...Read More
Today was a weird day for the crypto markets. For the first time in seeming months, altcoins dramatically outperformed Bitcoin — managing to gain multiple percent on the market leader.While Bitcoin has gained 2.5% over the past 24 hours, leading altcoins, including everything from Ethereum and EOS to Monero and Chainlink, have rallied higher by some...Read More
Buying a new car is always a thrill. Purchasing a luxury vehicle, a roadster or a classic even more so. But such an enjoyable acquisition is usually accompanied by time consuming formalities. When all you want is to sit behind the wheel as soon as possible, these additional steps can be a nuisance for most...Read More
After a bull run last week, ETH bottomed out at $168. The Ethereum price is finally recovering once again, this time aiming for the $180 level. Trading at $178 on Bitstamp at the time of writing, ETH peaked at $180 earlier today. Let’s see if there are any new developments in Ethereum since yesterday and...Read More
Ethereum (ETH) – along with most major cryptocurrencies – has been facing significant selling pressure in recent times and has failed to regain its previous support level of $185, despite Bitcoin expressing some hints of bullishness.New data suggests that Ethereum’s investors have a significantly higher turnover rate than Bitcoin’s investors, which may signal that any...Read More
Another week, another of Crypto Tidbits. At long last, the Bitcoin price saw some bullish action this week, gaining some 10% over the past seven days according to Coin360.io. While BTC is trading 4% lower from its weekly highs, analysts are starting to believe that the trend for the cryptocurrency market is finally pointing upward...Read More
It is pertinent for any cryptocurrency to keep on growing. Such growth can be achieved in different ways. Making a currency and its ecosystem more accessible is often the best way to go. It seems Dash, the privacy-oriented altcoin, is making big inroads in this regard. Its availability at merchants and ATMs globally continues to...Read More
Bitcoin’s recent surge up to highs of over $10,800 drastically shifted the overall market sentiment and had led many investors and analysts alike to believe that BTC was highly likely to move past $11,000.BTC’s subsequent drop from these levels, however, invalidated this perceived bullishness, and now a prominent analyst is explaining that Bitcoin is currently...Read More
After a high $178 earlier this week, Ethereum price is having a hard time staying afloat above the $170 level. Currently trading at $169.32 on Bitfinex, the market seems to be recovering. Today wasn’t the best day for cryptocurrency as its market cap lost close to $10 billion in value. Let’s take a look at...Read More
Not a great day today for cryptocurrency as most markets are seeing a slight decline. That’s only to be expected as we’re at the end of the week. Let’s take a look at some of our favorite cryptocurrencies and see if the charts tell us anything. Stellar Price Analysis (XLM/USD) On the intraday chart, XLM/USD...Read More
The hype surrounding the imminent launch of Bakkt’s physically settled Bitcoin futures platform may not be unwarranted, as it now appears that some of the biggest BTC whales in the market are transferring their massive holdings into Bakkt’s warehouse custody solutions.Assuming that the platform’s launch is met with great utilization, it is highly probable that...Read More
Bitcoin price has been consolidating since June, after it was rejected from former bear market resistance at $13,800 – stopping Bitcoin’s parabolic advance short of retesting its previous all-time high of $20,000.The post appeared first on NewsBTCRead More
The Chinese government is working on its own digital currency. Very little is known about this project so far. In a recent press release, the country’s central bank offered some intriguing details. It seems this currency will be similar to Libra, although it has nothing to do with social media. A Mobile Currency While very...Read More
The much-anticipated, fully-regulated Bitcoin exchange and custody offering from Bakkt looks on track to make good on its previously-announced launch date later this month. The company has just announced that its Warehouse custody solution is now open for customer deposits and withdrawals.The Bakkt platform seeks to make investing in Bitcoin more friendly to institutional investors...Read More
Overnight Bitcoin (BTC) was able to incur a significant amount of upwards momentum that sent it shooting past its previously established resistance level around $10,800, and any extension of this upwards momentum is highly likely to send the crypto into the $11,000 region in the very near-future.This upwards momentum has also allowed Bitcoin to begin...Read More
Bitcoin price is closing in on $11,000 after a period of extreme volatility. Last week, the crypto asset fell below $10,000 in what many are calling a bear trap, and quickly bounced from lows around $9,400 back up the current price of $10,900 where it is currently trading.Along the way back up, yet another CME...Read More
Today, with the fast growth of Cryptocurrency industry, Crypto players around the world are now looking for the right combination of safety and functionality in wallet platforms. In the same way, we bring you the BitGo platform which provides the professional services and meet the interest of people in the Cryptocurrency space. So, let’s start...Read More
There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively...Read More
While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high.Bitcoin OI Hits a HighBy definition, open interest is a measure total number of outstanding derivative contracts, such as futures that have...Read More
After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
