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‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year

Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into cryptocurrencies add to the bullishness. Why Weiss Ratings Is Bullish on Bitcoin Weiss Ratings analysts […]

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Analyst: Bitcoin’s Price Action Looks Like the Start of 2017’s 2,000% Rally

From a macro perspective, Bitcoin is still in a consolidation pattern. The cryptocurrency has printed a series of lower highs and higher lows over the past year, with prices tightening. Some, such as gold bull Peter Schiff, believe that this consolidation will resolve to the downside. But a recent analysis by a digital asset manager […]

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Analysts Eye Downside as Ethereum Fails to Surmount a Critical Trendline

Ethereum, like Bitcoin, was subjected to some intense volatility this morning The cryptocurrency’s price rallied as high as $244 before posting a swift rejection that sent it reeling down to $236 Bulls are now trying to stabilize it around $238, although this move does appear to have struck a blow to ETH’s technical strength How […]

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Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure

Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether has banned 40 Ethereum addresses holding millions of dollars […]

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Interstellar Blockchain, is it Possible?

The light that is greeting you right now is seven minutes old. That’s how long it takes for it to travel from the Sun to earth. From Mars, it can…

US Dept of Homeland Security Buys Analytics Software From Coinbase

Coinbase is selling its blockchain analytics software to the U.S. Department of Homeland Security and the U.S. Secret Service. Following criticisms from the crypto community, CEO Brian Armstrong defended Coinbase’s position. Coinbase Selling Analytics Software to US Government Public records on the U.S. government’s websites reveal that the San Francisco-based crypto exchange Coinbase has signed […]

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Historical Data Suggests Bitcoin is Poised to Post a $3,000 Movement

Bitcoin saw some intense early-morning volatility today when its price rallied to highs of $9,350 before facing a swift rejection This caused it to subsequently reel beneath its $9,200 support, but buyers are now attempting to defend against further downside This volatility comes as the cryptocurrency’s weekly candle close fast approaches One analyst is now […]

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Top Web Hosting Services That Accept Payments in Cryptocurrencies

If you are thinking of launching a site, either for blogging or eCommerce, you first need to rent a server from an online web hosting service. As a cryptocurrency owner, you might be thinking of using your cryptocurrencies to pay for your hosting services or to remain anonymous online. Either way, there are several options […]

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Will Musk ICO SpaceX?

Elon Musk has overtaken Warren Buffet to make him the 7th richest man on earth at an estimated wealth of $70 billion. Still far below Jeff Bezos’ $189 billion however,…

$424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent

For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been redeemed. As of today, there are only 20,901 […]

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Listen: What a Bitcoin Researcher Says About Lightning

Chaincode Labs researcher Clara Shikhelman has been studying mathematics in university since she was 14 years old. Now, as the bitcoin company’s newest post-doctoral fellow, she is exploring ways to optimize the Lightning Network.

Manufacturing Blockchain Market Leader SyncFab Announces Q2 Results

Bitcoin News

OEM Parts Traceability Blockchain App and Supplier OEM Part RFQ Dashboard among top new solutions from SyncFab Manufacturing blockchain company SyncFab has announced its key achievements in Q2 2020, which was marked by extraordinary disruptions of manufacturing supply chains around the globe due to the current pandemic. Despite some of the most challenging times, throughout […]

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Bitcoin’s Rallied 4,000% After This Signal Flashed in 2016. It’s Back Again

By definition, Bitcoin is still in a bear market. One analyst recently commented in reference to the chart below. “Allow me to explain: BTC hasn’t made a higher high in a full year, so per definition, it’s not a bull market. BTC has made lower lows and lower highs consecutively for a full year, so […]

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E-wallet.io: A New Approach To Wallets That Rewards The User

According to E-wallet.io, cryptocurrency wallets are mostly boring and do not encourage people to store their funds in them. E-wallet.io intends to change that by providing incentives that encourage users to use their wallets. What is E-Wallet.io? E-wallet.io is a new cryptocurrency wallet that provides the regular utility of crypto wallets with a rewards feature. […]

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A Technical Cross That Sent Bitcoin 60% Lower Is Close to Forming

Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days. As of the time of this article’s writing, the leading cryptocurrency sits at $9,200, holding the support in the $8,500-9,000 region. Unfortunately for bulls, BTC is purportedly forming a signal last seen before the asset […]

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20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction

A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 […]

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U.S. Treasury Bonds Are Still on Track to Go Negative in Boost to Bitcoin

The Great Recession of 2008 spawned two things: Bitcoin and increasingly lower negative interest rates. To spur economic growth and ensure the stability of the macroeconomy, central banks around the world have been increasingly lowering their policy interest rates. In Japan and in much of Europe, interest rates are negative, meaning that banks get paid […]

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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments […]

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Christophe Cieters: Monopoly Money

As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by Christophe Cieters and published on March […]

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Last Time This Signal Appeared, XRP Dove 35% Against Bitcoin. It’s Back

Like other altcoins, XRP has rallied against Bitcoin over the past few days. While the leading cryptocurrency has stalled in the low-$9,000s, XRP has begun to push past the psychological resistance of $0.20. Even after BTC retraced by 3% from its local highs, the altcoin remains above $0.20. Some believe that this breakout is a […]

Post source: Last Time This Signal Appeared, XRP Dove 35% Against Bitcoin. It’s Back

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Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers

Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies, […]

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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower

Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this […]

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‘Fiat and Money Printing’ Street Mural Earns $500 in Bitcoin Donations in Five Days

A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.” Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting “Stańczyk” by Polish romanticist painter Jan Matejko. The original depicts a lonely jester against […]

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This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are […]

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Bitcoin Script and Onchain Contracts: Two High-Level Programming Languages for Bitcoin Cash

Last May, the software developer and creator of revoke.cash, Rosco Kalis, released Cashscript version 0.4 that included a number of optimizations. Cashscript’s new website highlights the high-level language that “offers a strong abstraction layer over Bitcoin Cash’ native virtual machine, Bitcoin Script.” Additionally, the developer Tendo Pein recently announced the “high-level smart contracts programming language […]

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Counos Escrow: The Future of Online Financing

Counos Escrow System is an online financial crypto system in which a trusted third party keeps the payment of a transaction made between two parties (Using Multi signatures Wallet technology). Counos Escrow is managed and operated by the exchange company Counos OÜ, which is registered in the country of Estonia and has acquired all the […]

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FATF: stablecoins can be used to launder money

The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.

Bitcoin Prize For Winners Of South Africa Mountain Bike Race

About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015. Bikers from South Africa, […]

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Fund Manager: Selling Bitcoin to Buy Hot Altcoins Is “Super Risky”

There’s been a strong move by many Bitcoin investors over recent weeks to accumulate altcoins. The premise of many of these investments is that one can potentially garner more BTC by trading popular altcoins, be that Cardano, Dogecoin, or otherwise. Pseudonymous analyst “PlanB” confirmed this. Citing a poll the prominent Bitcoin investor conducted, he wrote […]

Post source: Fund Manager: Selling Bitcoin to Buy Hot Altcoins Is “Super Risky”

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This Single Price Level Could Make Bitcoin’s Price Action “Nasty”: Analyst

Stepping back from the recent volatility, Bitcoin remains in macro limbo. The leading cryptocurrency has not deviated from a 7% range over the past two to three weeks and a 15% range over the past two months. Bitcoin breaking below $8,600, though, will purportedly change that. An analyst identified that level on July 10th as […]

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KABBERRY Platform: Popularising Blockchain and Cryptocurrencies For Commercial and Private Use

With the rising popularity of blockchain technology and cryptocurrencies in the mainstream financial industry, businesses are largely focused on implementing blockchain-based solutions at their end. The KABBERRY Platform is working to bridge the gap between new-generation technologies and the real world. The project aims to develop blockchain-based innovative solutions, and thus popularise the use of […]

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Researcher Says Ethereum 2.0 May Be Delayed — Increasing Risk to ETH Bulls

One of the biggest Ethereum narratives over the past few months is ETH 2.0. For those that are unaware, Ethereum 2.0 is a new version of the network that will dramatically improve usability, bandwidth, and speed. Developers intend to accomplish this by implementing technologies like Proof of Stake and sharding. At the Ethereum Asia Supermeetup […]

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Bitcoin Analyst Shares 4 Reasons Why the Altcoin “Party” Will End Soon

It’s been an explosive week for the altcoin market, but not for Bitcoin. As Bitcoinist has extensively covered over recent days, a number of altcoins have surged higher. This list includes Dogecoin (DOGE), Chainlink (LINK), Synthetix (SNX), Cardano (ADA), and VeChain (VET). BTC vs. altcoins Tron, Ethereum, Cardano, and Crypto.com since the start of 2020. […]

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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000

Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it […]

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Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital currency exchanges are getting into leverage products as the firm Monex has revealed a […]

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Is Germany Handing Putin Europe on a Plate?

Germany, the aspiring rising power has been dealt a full plate as it begins its European presidency, and to open it is none other than the balkans. In a virtual…

Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level

Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, […]

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Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was […]

Post source: Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

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It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider

Bitcoin has been flashing some signs of weakness throughout the past 24-hours, as the crypto has been unable to maintain above multiple crucial technical levels It has once again fallen back within its long-held trading range between $9,000 and $9,300 Although this range could hold strong in the near-term, one analyst is noting that it […]

Post source: It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider

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