After dropping back to its recently established support level at $3,400 a couple days ago, Bitcoin (BTC) has been able to hold above this support level. Despite this, its failure to bounce signals that it doesn’t have any significant buying pressure at the moment and further losses may be necessary in order for it to…
The number of Bitcoin ATMs around the world continues to grow each year. For many, this signals a surging demand for real-world locations to trade Bitcoin – a sure sign of growing adoption, at least on paper. Thanks to exorbitant fees, however, it is difficult to picture folks using the ATMs for the most common…
Only 12.7% of Amazon customers want the marketplace to sell crypto products or services, according to a new report. Global financial portal Investing.com surveyed more than 1,000 Amazon clients to study their consumption rate from the online portal. The survey included a section that discussed possible products – hypothetical services that Amazon should offer as…
Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has…
After two and a half months of continual tumult, Bitcoin has finally begun to find a semblance of stability. Yet, a leading crypto trader claims that this lull will be short-lived, especially as long-term trendlines pressure crypto assets lower and lower. “Crypto Remains Weak,” Writes Fundstrat’s Sluymer Mere months after Tom Lee, managing director and…
Different crypto exchanges appear to be aligning themselves with different crypto projects. Binance is big on Tron and the new BitTorrent token it exclusively launched recently and Coinbase is now promoting Basic Attention Token through a new scheme called Earn which allows you to do exactly that. Launched today, Coinbase Earn allows those invited via…
Crypto markets have remained flat on the day; Binance Coin, Bitcoin Cash, SV and BAT still moving. There has been a very minor bounce for crypto markets following their $2 billion dump yesterday. It is still an insignificant move though since markets are weakened and total capitalization is still below $112 billion. Bitcoin seems to…
After an extended period of sideways trading in the mid-to-upper $3,400 region, Bitcoin (BTC) has failed to break through its nearest resistance level at $3,500, which has led the cryptocurrency to drop to its support level at $3,400. Although BTC has yet to break decisively below this level, one analyst believes that the lack of…
The CEO and founder of the Canadian crypto exchange QuadrigaCX reportedly signed his last will and testament just days before his death. Gerard Cotten passed away in December last year in India and apparently neglected to leave copies of the exchange platform’s cold-storage access, leaving the company and its customers out of pocket. The beneficiary…
Part of the appeal of crypto and Bitcoin is that it allows investors to very easily buy into an asset, whereas investing in publicly-traded stocks often requires an investor become accredited first, or invest a substantial minimum amount to get started. Popular crypto investing app Abra has announced they will be offering a way to…