Self-proclaimed bitcoin inventor Craig Wright has entered settlement talks with the estate of Dave Kleiman, a firm which sued him for $10 billion. A September 17 filing in Florida district court shows that both Wright and Kleiman estate have asked the judge to grant them a 30-day deadline. The parties have signed a non-binding agreement…
The crypto market has seen its craziest day in months. As Bitcoin (BTC) price flatlined, steadying at $10,250, altcoins absolutely skyrocketed. As seen in the chart from Coin360 below, cryptocurrencies, save for Bitcoin and a few other stragglers, effectively went vertical, showing a bout of strength on a caliber that was reminiscent of 2017’s bull…
Bitcoin price is trading in a range below the $10,300 and $10,400 resistances against the US Dollar. The price is struggling to gain momentum above $10,300 and the 100 hourly SMA. There is a key breakout pattern forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October. Huobi is moving into Argentina as that nation’s economy once again teeters on the edge of collapse. The government…
Bitcoin price has been trading sideways for the better part of the last three months and is consolidating in what most crypto analysts claim is a triangle pattern. The lack of action in Bitcoin markets has caused traders to seek profits elsewhere and have turned to the altcoin market where a mini-sized alt season may…
Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar. The price is currently trading with a bearish bias and recently tested the $10,000 support area. There is a key bearish trend line forming with resistance near $10,340 on the hourly chart of the BTC/USD pair (data feed from…
Bitcoin has been facing a bout of sideways trading for the past several days, but today’s drop to below $10,200 may spell trouble for the cryptocurrency’s near-term price action and may point to the possibility that BTC will soon revisit its nearest level of major support at $10,000. This latest drop, although relatively minor, has…
Cryptocurrency market analyst Mati Greenspan has speculated that the current levels of Bitcoin dominance versus the rest of the cryptocurrency market might be the highest they will ever reach. He reasons that the last time Bitcoin dominance was as high as it is now, there wasn’t even a “developed market” for non-Bitcoin crypto assets. However,…
Taiwanese smartphone manufacturer HTC has just announced that it is partnering with Bitcoin.com. The move will see its Exodus One flagship blockchain-enabled device feature native Bitcoin Cash (BCH) support. However, many Bitcoin (BTC) proponents are outraged by the announcement. Some claim that the software that HTC will use to provide BCH functionality is not stable enough…
Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0.03 percent to $10,301.78 on Coinbase, while bitcoin futures on CME surged by 1.12 percent to $10,380 as of 11:13 UTC. At…