Bitcoin and the aggregated crypto markets have been facing a period of consolidation after posting a decent sized rally earlier this week. Although this rally has stalled in recent times, it is important to note that BTC’s main level of resistance still exists at $10,800. One analyst, however, believes that an inability to validate a…
Justin Sun, the founder of the crypto asset network TRON and CEO of BitTorrent, has just announced that he intends to match a presidential candidate’s unorthodox campaign strategy. The crypto-friendly democratic candidate, Andrew Yang, has stated that he plans to use campaign funds to extend universal basic income of $1,000 per month to 10 people…
The markets surrounding Bitcoin may be incurring increasing maturity, as the Chicago Mercantile Exchange (CME) is now opening that gates for traders to begin holding a significantly higher number of open BTC contracts than is currently allowed. This change comes about as Bitcoin’s hash rate just set a fresh all-time-high and may be emblematic of…
The US Treasury Department has just announced new sanctions against online criminal groups based in North Korea. The groups have reportedly conducted cryptocurrency ransomware attacks and other cyber crimes aimed at subverting international sanctions against the state. The US Treasury believes these attacks are directly funding the North Korean missile programme. This presents those companies…
Bitcoin price has for months now been locked inside what many crypto analysts believe to be a triangle pattern. However, they are torn as to the type of triangle the pattern is – descending or symmetrical. Crypto investors themselves who are also watching the pattern are also torn, not by the shape of the formation,…
Each and every daily close on Bitcoin price charts is important, as the price level where the candle closes and even the shape of the candle can help crypto analysts predict future movements and trend changes. Today’s daily close one crypto analyst says is exceptionally important, and will likely choose the trend direction in the…
Binance has launched a new futures platform, where speculators can bet on bitcoin price going down or up, after announcing it earlier this year. And service is already witnessing trading volumes worth hundreds of millions of dollars. Looks like a strong start for Binance futures – $170mln trading in last 24h with max leverage 20x…
The crypto industry has not been without its fair share of scams and cons. Bitcoin has battled this reputation since its inception and FUD-fueled mainstream media outlets do not help matters. Social media and search giants are equally to blame but that doesn’t stop the Bitcoin bashing. More Fake Google Results For Bitcoin Researchers have…
The week has ended positively for Bitcoin which has made a move up to resistance, gaining 3 percent on the day. The same cannot be said for the majority of the other crypto coins, which are still languishing at lows and unable to get in gear. That is all except one which has taken off…
Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent. It is important to note that…