If you’ve perused Bitcoin and Silicon Valley Twitter at all over the past few years, you’ve likely heard the word “unicorn” thrown about. Heck, if you’ve read Bloomberg or watched any number of CNBC’s segments over the past decade, you’ve heard the word.Related Reading: Under 6.8m Bitcoin Changed Hands in the Past Year: Does it…
Former Circle Head, Dan Matuszewski, now co-founder of trading firm, CMS Holdings, discusses Tether. In particular, why Tether was not the primary driving force behind 2017’s bitcoin bull run, and a declaration that Tether is one-to-one dollar-backed.Tether Was Not The Driving Force Behind 2017 Bitcoin Bull RunDan Matuszewski parted ways with Circle back in August…
On-chain metrics can offer valuable insights into Bitcoin market movements and the latest data is showing that unrealized losses are mounting up. This could lead to a larger selloff as those that bought the dip in late 2018 fear for loss of profits now.Bitcoin Selloff ResumesFollowing the weekend’s push to close in on $8k, there…
The chances of an end of year ‘Santa rally’ for Bitcoin are slipping away. Its half year down trend has been maintained and does not look like reversing before the year is out. All hopes are now being pinned on the BTC halving in May next year, but will it really be the lifeline everyone…
A Danish court today ruled that Nordea Bank Danmark A/S has the right to say whether its employees can invest in Bitcoin. The bank first introduced a policy prohibiting crypto purchases last year.Denmark’s union for financial industry employees launched a subsequent legal challenge against the bank. However, a court yesterday decided that the risks associated…
2019 has been a rough year for the crypto markets, with Bitcoin’s price action and the overall industry development gravely disappointing investors. BTC is poised to end the year up significantly from where it ended last year, but it does remain in a precarious position.It is also important to note that one analyst is claiming…
Bitcoin price is facing a strong resistance near the $7,400 and $7,460 levels against the US Dollar. The price is approaching the key $7,200 and $7,160 support levels. There is a short term declining channel forming with resistance near $7,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could…
Bitcoin prices might be a long way off their 2019 high of almost $14,000 but this year has still seen the cryptocurrency gain in price. The year opened with the leading digital asset trading at just below $3,800, considerably less than its current price of around $7,300. Although yearly price data is clearly limited, if…
As the internet grows and more and more of the mainstream public find themselves on the world wide web, so does cybercrime – making it especially important for crypto investors to pay close attention to personal cybersecurity. Here is a list of the most important steps a crypto investor – or anyone concerned with their…
After attempting to propel Bitcoin (BTC) higher yesterday, the cryptocurrency’s bulls lost some of their strength, allowing bears to push the crypto back down to $7,200 – which appears to be a key support level for the cryptocurrency that buyers have continued defending. One analyst is now noting that buyer’s ability to defend this level…