Multi-asset brokerage eToro has launched an application for their users to store their Bitcoin and other cryptos on their mobile phones. The software sounds a lot like a cryptocurrency wallet – only its entirely permissioned, isn’t open-source, and doesn’t allow users to access their private key or seed phrases. eToro “Wallet” Entirely Misses Point of…
After months in a seemingly endless downtrend, which saw the aggregate value of all crypto assets see a 75% haircut, analysis done by one of this industry’s best illustrates the fact that this market could finally be undergoing a breakout. “Output: Bullish” Contrary to popular belief, the crypto market’s relative non-action, which saw the volatility levels…
Key Points Bitcoin price corrected lower recently after trading as high as $6,472 against the US Dollar. There is a major bullish trend line in place with support at $6,390 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is positioned for the next wave, which could be above the…
Bitcoin shed some of the gains made earlier in the day, erasing $40 from its daily high at $6,500. The BTC/USD pair trades at $6,460 in a ranging market with support at $6,300. A significant bearish trend line may have been thwarted as the market moves above the $6,400 line. Bitcoin Trades Above Significant Bearish…
An Indian teenager is in hot water after threatening to carry out a deadly attack on a U.S. international airport after he failed to receive support from the FBI in relation to an alleged Bitcoin scam. Bitcoin Scam Leads to Volatile Situation at Miami Airport Bitcoin’s price may be experiencing an extreme lack of volatility,…
Key Points Bitcoin price surged higher recently and broke the $6,350 and $6,375 resistances against the US Dollar. There was a break above a major contracting triangle with resistance at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price traded towards the $6,475 level and it is currently correcting…
Key Points Bitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar. There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,365, $6,375 and $6,400 resistance levels to trade higher…
In the U.S. Securities and Exchange Commission’s (SEC) latest annual report, the regulatory authority explained that reducing the number of cryptocurrency-related scams is currently among their top priorities. The report specifically cites initial coin offerings (ICOs) as one such sector of the industry that they are focusing on. The report comes amidst an exponential increase in crypto-related…
The founders of the Gemini digital asset exchange platform have accused their former business partner of not returning Bitcoin they had instructed him to buy on their behalf in 2012. The Winklevoss twins allege that Charlie Shrem owes them a massive 5,000 BTC. Charlie’s Lavish Lifestyle Prompted Legal Action Charlie Shrem might have been fortunate…
As the cryptocurrency markets continue to range sideways and as market sentiment dwindles, investors should remember the events on the horizon that could lead to an imminent bull run. One analyst laid out how he sees the markets unfolding over the next couple of years. In recent months, investors have witnessed an unprecedented period of…