Bitcoin price is looking like it’s on the verge of a breakout according to several indicators on multiple timeframes as the MACD is about to cross bullish. Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward […]
Continue ReadingRipple’s user support is in decline and its price continues to drop as experts share the possible reasons behind the negativity. Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that […]
Continue ReadingFollowing a rebound from $6,800 to $7,600, another leg up for Bitcoin price to $8,000 is imminent due to two crucial factors. The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the […]
Continue ReadingThe U.S. Justice Department has seized coronaprevention.org — a domain being advertised to criminals by a suspected money launderer. The United States Attorney’s Office has seized a fraudulent COVID-19 domain name after its owner attempted to sell it in exchange for Bitcoin (BTC). The action follows Attorney General William Barr’s request that the department prioritize […]
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These crypto firms are joining the fight against COVID-19. Will this move highlight the benefits of cryptocurrencies and establish the industry? All over the world, doctors, nurses and medical resources are strained as the fight against the coronavirus continues. In response, many charitable organizations and philanthropists from various industries have come forward to offer their […]
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Despite his NBA team owning $130 in BTC, billionaire Mark Cuban believes bananas are a better means of exchange than Bitcoin. In a recent appearance on Anthony Pompliano’s The Pomp Podcast, billionaire investor and owner of the NBA’s Dallas Mavericks, Mark Cuban, discussed his qualms with Bitcoin (BTC). Despite arguing that Bitcoin is hampered by […]
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After surging to $7,700, Bitcoin price trades sideways but traders expect a riveting weekly close. Today Bitcoin (BTC) price briefly popped above $7,700, suggesting the reminder of the weekend, along with the weekly close will provide higher than normal levels of excitement. The move to $7,708 was short lived but nearly set a higher high […]
Continue ReadingFXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO […]
Continue ReadingCrypto trader and YouTuber, Tone Vays, explains what might happen if Amazon CEO, Jeff Bezos, tried to buy all Bitcoin in circulation. Crypto trader and YouTuber, Tone Vays, explained that Amazon’s $140 billion CEO couldn’t buy every Bitcoin (BTC) in circulation. What would happen if Bezos tried? “He would drive up the price of Bitcoin […]
Continue ReadingAs oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100. The Binance-owned crypto derivatives exchange, FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20. FTX’s contracts will expire at […]
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