Craig Wright has abandoned his $125,000 libel suit against Blockstream CEO Adam Back and paid $8,400 in legal fees. Crag Wright, the self-proclaimed Satoshi Nakamoto and chief scientist at NChain, has dropped a libel lawsuit against Adam Back over the Blockstream chief executive’s assertion that Wright was fraudulent in claiming to be the creator of […]
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Gemini is adding trading pairs with Dai, Chainlink and Orchid, bringing the total number of supported trading tokens to nine. The Gemini cryptocurrency exchange and trading platform is adding support for three more tokens on April 24. Gemini announced the addition of trading pairs featuring Dai (DAI), Chainlink (LINK), and Orchid (OXT) in a blog […]
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Cameron Winklevoss has joined those who consider that the Covid-19 pandemic will irrevocably change Bitcoin’s profile. Bitcoin (BTC) will see a historic “inflection point” in its life thanks to coronavirus, says entrepreneur Cameron Winklevoss. In a series of tweets on April 12, one-half of the Winklevoss twins who own cryptocurrency exchange Gemini, underlined the importance […]
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Top crypto exchange Binance has officially launched Bitcoin options on its futures trading platform. Top cryptocurrency exchange Binance has officially launched Bitcoin (BTC) options on its futures trading platform. Confirming hints earlier this month, the rollout was announced this morning, April 13. It is, for now, limited to the exchange’s mobile app. Binance offering U.S.-style […]
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The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin price. The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant cryptocurrency is likely to see another leg down. […]
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Bitcoin once again fell below $7,000 as it plummeted by roughly $500 in minutes with many traders now bracing for more downside in the coming week. Bitcoin (BTC) price has again dropped below $7,000 and at the time of writing the digital asset is struggling to hold above $6,700. The sharp downside to a new […]
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Exchange Bitfinex took credit for a transaction moving part of their 161,500 BTC holdings — well over a billion dollars — to a hot wallet. When someone transferred 161,500 Bitcoin (BTC) on April 10 for a fee of only 0.00010019 BTC — approximately $0.68 — the crypto world took notice. According to blockchain transaction details, […]
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Following a set of simple trading rules can be the difference between a growing portfolio and a liquidated account. Here’s 10 rules to consider. Dennis Gartman began his trading career in the 1970s and over the years he amassed a ton of experience trading Forex, treasuries, stocks, commodities, and derivatives. Those familiar with Gartman will […]
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Square has launched an online portal allowing U.S. citizens to divert their stimulus payments to its Bitcoin-friendly Cash App. Square’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application. The move comes after the company failed to convince […]
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Academic & economist John Vaz believes economic mismanagement could result in BTC functioning like cigarettes in prison amid financial crisis. In an interview with Cointelegraph, John Vaz, economist and academic at Monash University, asserts that the outlook for Bitcoin (BTC) and cryptocurrency is dependent on the response from governments to the current economic crisis. John […]
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