Bitcoin

Bitcoin and altcoins correct after Yellen’s ‘illicit financing’ critiq…

On Tuesday, Ether (ETH) underwent a bullish breakout which propelled the price to a new all-time high at $1,428. While the move may have been technical, the fundamentals for Etheruem continue to improve as less than one month after launch there [...]

2021-01-19T22:52:03+00:00January 19, 2021|Bitcoin|

Crypto crime drops, but Bitcoin-ransomware increased in 2020!

Blockchain analysis firm Chainalysis found that cryptocurrency-related crimes fell by more than 53% last year and that crypto activity that was connected to crimes was a mere 0.34% of transaction volume or $10 billion worth of transfers. This is still [...]

2021-01-19T21:30:55+00:00January 19, 2021|Bitcoin|

Bitcoin can scale on chain just fine as a store of value, Blockdaemon …

Can Bitcoin’s (BTC) blockchain handle full mainstream adoption as a store of value, without needing layer-two scaling solutions? Konstantin Richter, founder and CEO of blockchain infrastructure company Blockdaemon, seems to think so.“Bitcoin is the best cryptocurrency suited for store of value,” [...]

2021-01-19T20:23:30+00:00January 19, 2021|Bitcoin|

Bitcoin likely to halve than double in value, according to this Deutsc…

A new survey by Deutsche Bank recorded investors’ opinions on Bitcoin. Respondents were asked specifically about the digital asset as well as electric car company Tesla. More than half of people surveyed (about 56%) now think that Bitcoin and Tesla [...]

2021-01-19T19:30:30+00:00January 19, 2021|Bitcoin|

New timeline charts Bitcoin’s price alongside historical events of the…

Bitcoin (BTC) has travelled an eventful path since its creation in 2009. TradingView.com recently unveiled a BTC chart showing major events in the digital asset’s history, alongside the cryptocurrency's ever-changing price.Released on Tuesday, the chart points out potentially significant events [...]

2021-01-19T16:35:00+00:00January 19, 2021|Bitcoin|

Bitcoin breakout ‘imminent’ says hedge fund as analyst targets $48K mo…

A fresh Bitcoin (BTC) breakout is "imminent" and most likely to the upside, hedge fund Vailshire Capital Management says.In a tweet on Jan. 19, Jeff Ross, the firm's founder and CEO, described the outlook for BTC performance as "wildly bullish."Vailshire [...]

2021-01-19T16:00:00+00:00January 19, 2021|Bitcoin|

Bitcoin and broader crypto-market: Will India regulate it in 2021?

While Bitcoin’s price has more than doubled from its previous all-time high of $19,666 for the first time in almost 3 years, not a lot seems to have changed for India. For a country with 1.35 billion in population and [...]

2021-01-19T15:00:27+00:00January 19, 2021|Bitcoin|

Bitcoin Miners Allegedly Causing Major Blackouts In Iran

As reported by The Times, Iran has pointed the finger at Bitcoin miners for causing the latest series of blackouts in several cities, including capital Tehran. One mine run by Chinese-Iranian miners in Rafsanjan apparently gobbled up 175 megawatt-hours of [...]

2021-01-19T14:03:15+00:00January 19, 2021|Bitcoin|

BTC/USD Rallies Above 37000: Sally Ho’s Technical Analysis 19 January …

Bitcoin (BTC/USD) glided lower in today’s North American session as the pair fell to the 36839.23 area after trading as high as the 37550 area during the European session, stopping short of testing the 61.8% retracement of the recent depreciating [...]

2021-01-19T14:00:00+00:00January 19, 2021|Bitcoin|

Bitcoin overtakes tech as most crowded trade, says Bank of America sur…

In another throwback to the 2017 bull market, a major United States bank fund manager survey, or FMS, has put Bitcoin at the pinnacle of positive investor sentiment.According to Reuters, 36% of respondents identified a long Bitcoin bet as the [...]

2021-01-19T12:53:44+00:00January 19, 2021|Bitcoin|

Ethereum Breaks ATH After 3 Years On Several Exchanges, What’s Next?

advertisement Ethereum finally broke its previous all-time high of $1432 to create a new ATH at the time of writing. The second-largest cryptocurrency by market cap has nearly doubled its price since the start of the new year and many [...]

2021-01-19T12:04:42+00:00January 19, 2021|Bitcoin|

Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of …

“Long bitcoin” – a bullish bet on the top cryptocurrency – is now the most crowded trade in financial markets, according to Bank of America’s January survey of fund managers.Published by Reuters on Tuesday, the research is evidence of the [...]

2021-01-19T11:02:44+00:00January 19, 2021|Bitcoin|

Monero, Ethereum Classic, Dogecoin Price Analysis: 19 January

Despite Bitcoin clawing back to regain the $36,000-mark, altcoins such as Monero, Ethereum Classic, and Dogecoin remained cautious and awaited further cues to make a definitive move on the charts. In fact, a bullish scenario could see XMR topple its [...]

2021-01-19T10:30:12+00:00January 19, 2021|Bitcoin|

Millions in USDT Moved & Minted at Tether Treasury, Analyst Peter Bran…

Updated: 100 Million Tether [USDT] were earlier moved to an unknown wallet and another 400 Million USDT is reported to be minted from Tether treasury. The movement of 100 Million USDT was followed by a decent pump in Bitcoin price, [...]

2021-01-19T09:58:07+00:00January 19, 2021|Bitcoin|

India’s Largest Exchange Launches User-Friendly App, Eyes 50M New User…

India’s largest cryptocurrency exchange, CoinDCX, has launched a new app aimed to make it easy to buy and sell bitcoin and other top digital assets in a bid to capture 50 million new users.According to a press release on Tuesday, [...]

2021-01-19T08:44:02+00:00January 19, 2021|Bitcoin|

Former IMF Chief Economist Calls Bitcoin (BTC) A Classic Bubble

advertisement Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007) who had correctly [...]

2021-01-19T08:01:25+00:00January 19, 2021|Bitcoin|

Why Pakistan and the Middle East can bet on crypto mining

It is especially important for countries to become more aware of cryptocurrencies, especially with components like decentralized finance rising in prominence. Now that the Middle East is becoming more mining-friendly, the future suddenly looks bright once again for this region.Pakistani [...]

2021-01-19T07:27:00+00:00January 19, 2021|Bitcoin|

Ethereum price poised to skyrocket 41% to a new record high targeting …

advertisement Ethereum has broken above the hypotenuse of an ascending triangle, adding credibility to the upswing. ETH/USD will validate the expected breakout to $1,800 on trading above the current yearly high at $1,800. Ethereum is in the middle of a [...]

2021-01-19T05:03:23+00:00January 19, 2021|Bitcoin|

Four of the top 70 crypto assets by market cap are Bitcoin

Tokenized Bitcoin is booming, with the increasing demand from DeFi combined with BTC’s recent meteoric price rise has resulted in three Bitcoin tokenization protocols ranking among the 70 largest crypto markets.According to popular market data aggregators CoinGecko and CoinMarketCap, Wrapped [...]

2021-01-19T03:21:36+00:00January 19, 2021|Bitcoin|

CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange

Digital asset manager CoinShares is launching a Bitcoin exchange-traded product, or ETP, on the SIX Swiss Exchange.According to a report from Bloomberg today, the Bitcoin ETP will go live on Switzerland’s principal stock exchange tomorrow under the ticker symbol BITC. [...]

2021-01-19T00:02:53+00:00January 19, 2021|Bitcoin|

Underground stolen card forum to close after making profits during Bit…

Cybersecurity research company Gemini Advisory found that Joker’s Stash, a dark web carding marketplace will reportedly shut down by next month. Their blog carried a note from the infamous marketplace’s administrator who claimed that he was now retiring.  The reason [...]

2021-01-18T22:00:33+00:00January 18, 2021|Bitcoin|

Litecoin, Crypto.com Coin, Ethereum Classic Price Analysis: 18 January

The cryptocurrency market had been moving sideways given the lack of momentum in the Bitcoin market. However, on 18 January, the market saw a slight boost, and the prices of most cryptocurrencies suddenly shot up. Major cryptocurrencies like Litecoin [LTC] [...]

2021-01-18T22:00:12+00:00January 18, 2021|Bitcoin|

US crypto regulations will return Bitcoin to its digital cash origins

The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such as Bitcoin (BTC). To summarize the proposed regulations, exchanges would essentially be required to file [...]

2021-01-18T20:43:00+00:00January 18, 2021|Bitcoin|

Grayscale holds the key to Bitcoin hitting $40K, says JPMorgan

Grayscale Investments, the world’s largest digital-asset manager, could hold the key to Bitcoin’s (BTC) short-term price outlook, according to JPMorgan Chase. As Bloomberg reports, strategists led by Nikolas Panigirtzoglou believe Bitcoin could lose its luster over the short-term unless it can [...]

2021-01-18T19:14:56+00:00January 18, 2021|Bitcoin|

Blockchain Bites: Goldman Sachs Investigates Crypto Custody, Solving t…

Happy Martin Luther King Jr. Day to our U.S. readers! A former Canadian prime minister said bitcoin could become a global reserve currency, Goldman Sachs is reportedly looking to get into the crypto custody business and MetLife is bullish on [...]

2021-01-18T17:14:14+00:00January 18, 2021|Bitcoin|

British Fund Manager Ruffer Reinstates Rising Institutional Interest i…

advertisement Ruffer, a British fund manager in its half-yearly review lauded bitcoin and its growing influence among institutions as its recently revealed portfolio of $730 million in Bitcoin along with its exposure through MicroStrategy and Galaxy Digital has more than [...]

2021-01-18T16:25:19+00:00January 18, 2021|Bitcoin|

The future (and energy) of money and technology

Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital currencies started to move [...]

2021-01-18T14:41:41+00:00January 18, 2021|Bitcoin|

Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserv…

Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but it isn’t going to supplant the U.S. dollar’s international role.In an interview with Cambridge House’s Jay Martin on [...]

2021-01-18T14:09:47+00:00January 18, 2021|Bitcoin|

BTC/USD Tests 36849 Technical Resistance Before Fading: Sally Ho’s Tec…

Bitcoin (BTC/USD) weakened early in today’s North American session as the pair fell to the 34736.46 area after trading as high as the 36860 area during the Asian session, with the intraday high representing a test of the 23.6% retracement [...]

2021-01-18T14:00:00+00:00January 18, 2021|Bitcoin|

Losing Bitcoin Keys Doesn’t Happen Anymore Says Galaxy Digital’s Mike …

advertisement Former Goldman Sachs hedge fund manager and CEO of Galaxy Digital – Mike Novogratz – has spoken about the most heated topic in discussion, Bitcoin private keys. Speaking to Yahoo Finance, Novogratz said that losing Bitcoin keys is a [...]

2021-01-18T13:38:50+00:00January 18, 2021|Bitcoin|

Bitcoin thermocap metric shows BTC price is still in the ‘low end’ of …

Bitcoin (BTC) is still at the “low end” of a 2021 bubble, new data tracking miner and investor behavior suggests. In the latest signal that BTC price action still has major growth potential, researcher Geert Jan Cap showed bullish signs coming [...]

2021-01-18T13:30:00+00:00January 18, 2021|Bitcoin|

Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation

Decentralized oracle network Chainlink’s LINK token and other prominent alternative cryptocurrencies (dubbed altcoins) are charting solid gains as the crypto market leader bitcoin takes a bull breather. LINK set a new record price of $23.68 overnight and is changing hands near [...]

2021-01-18T13:23:52+00:00January 18, 2021|Bitcoin|

How compliance software detects fraud and money laundering involving c…

The crypto industry has boomed over the past 12 months. While 2019 began with a total market cap of $200 billion, the explosion in Bitcoin’s value resulted in this figure surging fivefold as 2020 began — and according to CoinMarketCap, [...]

2021-01-18T13:19:00+00:00January 18, 2021|Bitcoin|

Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since Sep…

Bitcoin is up only slightly on Monday after seeing its biggest weekly decline in over four months. At press time, the cryptocurrency is trading 0.2% higher on the day near $35,838, according to CoinDesk 20 data. Prices fell by 6% in [...]

2021-01-18T11:14:50+00:00January 18, 2021|Bitcoin|

After alleged hack, Russian crypto exchange Livecoin shuts down

Russian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020.According to Livecoin’s main page, the exchange is unable to continue operations due to financial and technical damages caused by an alleged attack [...]

2021-01-18T10:35:55+00:00January 18, 2021|Bitcoin|

Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Her…

advertisement Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the [...]

2021-01-18T09:18:19+00:00January 18, 2021|Bitcoin|

$100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Ab…

advertisement JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this [...]

2021-01-18T04:34:39+00:00January 18, 2021|Bitcoin|

Bitcoin price back to the drawing board at sub $40 but technicals sugg…

advertisement Bitcoin revisits $34,000 to allow more buyers to enter the market as upside eyes $40,000 again. BTC/USD is drawing nigh to a massive falling wedge pattern breakout. Bitcoin price revisited support at $34,000 after rising to $40,000 last week. [...]

2021-01-18T01:59:20+00:00January 18, 2021|Bitcoin|

Bitcoin open interest hits $3.8B as 45% of BTC options expire in 2 wee…

Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s price [...]

2021-01-18T01:41:23+00:00January 18, 2021|Bitcoin|

Former Canadian prime minister names Bitcoin as possible reserve curre…

Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central bank digital currencies as part of a basket of reserve currencies to replace the dollar.In an interview with [...]

2021-01-17T22:58:53+00:00January 17, 2021|Bitcoin|
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