Bitcoin (BTC) has been caught in what can be accurately defined as a period of consolidation as of late and has been hovering around the lower-$11,000 region for the past several days, make fairly restrained price movements within a relatively tight trading range. Now, one highly respected analyst is claiming that Bitcoin could either face…
New York University professor and staunch bitcoin critic Nouriel Roubini is threatening to sue BitMEX, a global cryptocurrency exchange. The renowned economist lambasted Arthur Hayes, co-founder & CEO of BitMEX, for releasing a doctored video of a debate featuring the two. He alleged that Hayes, who owns the rights to the footage, neither permitted the…
Both Bitcoin (BTC) and gold have once again been caught in the throes of volatility that have allowed them to form fresh levels of support and resistance that will likely continue to hold strong in the near-future. Despite this volatility, Bitcoin is still in a firm bull market, and analysts are now noting that gold…
Another week, another round of Crypto Tidbits. Bitcoin (BTC) may have shed a good portion of its year-to-date gains over the past week, but the underlying industry saw an array of positive fundamental developments. Over the past seven days, there’s been an array of positive news: ErisX secured a key license, Donald Trump announced his…
Ripple (XRP) has incurred some decent upwards momentum today after “FOMO” spread on Twitter based on an American Express blog post that mentioned Ripple for international settlements. This blog, however, is old and is not at all an official AMEX announcement, so traders should trade XRP with caution. This blog post coincided very closely with…
Much of the conversation surrounding Bitcoin and Switzerland in recent days is focused on the cryptocurrency showing price correlation between it and the country’s native fiat currency, the Swiss franc, which is often viewed as a “safe haven” asset for investors alongside gold and the Japanese yen. However, a new study conducted by researchers at…
Many of the critics of cryptocurrency asset like Bitcoin and Ethereum argue that nobody spends them as they are intended to be, and even less accept it as payment making everyday tasks like shopping or traveling extremely challenging if only using cryptocurrency as a means to pay for goods and services. However, a Gold Coast,…
The Dementia Society of America (DSA) has just announced that it will be accepting a range of cryptocurrencies going forward. Thanks to the financial technology’s classification as property in the US, donations made to the charity using digital assets will not be taxed. In addition to the general acceptance of cryptocurrency, the charity has also…
After a strong rejection at $14,000, Bitcoin’s parabolic rally has been cut short, and the leading crypto asset by market cap is taking a much needed pause and correction after bringing investors over 300% gains since the start of 2019. But after a flash crash stopped the rally in its tracks, Bitcoin price has been…
Yesterday, on the United States holiday dubbed Independence Day, the price of Bitcoin fell from $12,000 to just over $11,000 from daily candle open to close, providing fireworks for traders who spent the day in front of price charts instead of being poolside at a barbecue sipping on a cold Budweiser. However, in previous holidays,…