An important Fed policy meeting forms the centerpiece for a new week’s trading, which could see macro hit Bitcoin price action once more. Bitcoin (BTC) starts another week in a bullish mood as hurdles line up to shape price trajectory. Cointelegraph presents five factors determining where BTC/USD may go in the coming days, and what […]
Continue Reading
No-deal Brexit could push more industry players abroad. Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is reportedly relocating its operations in the United Kingdom to Luxembourg. Already operating in Luxembourg, Bitstamp is now allegedly migrating the accounts of its customers in the U.K. to Bitstamp Europe SA, a business entity based in […]
Continue Reading
A new full-page ad in HK-based tabloid-style newspaper Apple Daily tells readers to ditch banks today and switch to Bitcoin. Another ad for cryptocurrency has appeared in print media, this time without promoting a specific business or service. A full-page ad for Bitcoin (BTC) appeared on the front page of the Hong Kong-based tabloid-style newspaper […]
Continue Reading
According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’ An old International Monetary Fund video explaining the benefits and disadvantages of cryptocurrency has resurfaced on social media, and many viewers are largely unimpressed. The two-minute video originally published in June 2018, which the […]
Continue Reading
Bitcoin whales are watching as BTC loses momentum near a key resistance level. Is another flash crash in the making? On Sunday Aug. 2 the price of Bitcoin (BTC) dropped by 12% in just 5 minutes. In the same period of time Ether (ETH) dropped by 21% and similar losses were observed with many other […]
Continue Reading
Don’t use your workplace to scam people. Google pulled outsourced work from a Philippine contact center whose employees were involved in a Bitcoin scam. According to Newsbytes.PH, Google confirmed the company shifted some work it outsourced to a Sykes Philippines branch in Cebu City to another vendor in the country. In the Philippines, social media […]
Continue Reading
Bitcoin and Ethereum are likely to consolidate for a few days, leading select altcoins to possibly continue their uptrend. This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. stock markets could […]
Continue Reading
It’s not your traditional malware scam. The modus operandi of crypto scammers differ in each case as it happens with the rest, but this time, a popular Youtuber who has 2.43 million subscribers explained on August 20 how his channel was seized by hackers to launch an XRP fake giveaway campaign. According to a video […]
Continue Reading
A Bitcoin whale, who accumulated 9,000 BTC in late 2018, has sold after 22 months and two capitulation phases. A Bitcoin (BTC) whale — an individual investor who holds a large amount of BTC — took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of […]
Continue Reading
Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum. On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn. BTC/USD […]
Continue Reading