Bitcoin price analysts suggest that a descending triangle pattern is forming like the one that broke down from $6K, but is this really the case? Twitter is bearish, abuzz with chatter of a descending triangle that is forming on the Bitcoin (BTC) chart and with comparisons to the descending triangle that broke down in 2018 […]
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New estimates predict a 1,000% increase in price versus the last difficulty low, which was $3,100 in December 2018. Bitcoin (BTC) price should hit $30,000 during its current price cycle, new data based on mining difficulty suggests. Published by well-known analyst PlanB on Sept. 10, the statistics combine Bitcoin price as a percentage of difficulty […]
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Five figures arrested over scheme police say was one of the most sophisticated ever seen in Europe. Portuguese police and Europol have seized funds worth €70,000 ($77,200) in what they describe as one of the most advanced counterfeiting operations ever seen. €1.3M fake notes sold since 2017 As Brazilian daily news outlet Sputnik and others […]
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Billionaire venture capitalist and crypto bull Tim Draper has joined the board of directors of EOS-based chat DApp firm MakeSense Labs. Tim Draper, a famous investor with an estimated crypto net worth ranging between $350 million and $500 million, has joined the board of directors of EOS-based decentralized application (DApp) firm MakeSense Labs. In a […]
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Research shows that holding Bitcoin for 1,335 days has guaranteed a profit based on historical price data. According to new analysis, presented Sept. 8, the amount of time it is necessary to have held Bitcoin to make a profit is 1,335 days or roughly 3 years and 8 months. This roughly correlates to the four-year […]
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An unusual landscape saw Bitcoin lose market prowess to altcoin tokens on Monday, putting in heavier losses. Bitcoin (BTC) price was testing support at $10,000 again on Sept. 9 after the largest cryptocurrency’s latest bull run broke down over the weekend. Market visualization. Source: Coin360 Bitcoin sees rare weakness after $11K bull run Data from […]
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It’s hard to tell if Bitcoin price is bullish or bearish so let’s look at both scenarios to anticipate which way BTC could break this week. Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset […]
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Adoption is critical for the success of the blockchain and cryptocurrency industries. Here are five examples of developments that could spur adoption from last week. Analysts have long predicted that the increased participation of governments and institutional players in the blockchain and cryptocurrency space shows how the respective industries are maturing. The founder of crypto […]
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Was yesterday’s sudden $700 Bitcoin price drop and Bakkt opening up deposits a coincidence or a classic example of “buy the rumor, sell the news”? Bakkt Warehouse custody opened yesterday, as clients were able to deposit Bitcoin funds into the accounts. However, minutes after the tweet announcing the opening, the price of Bitcoin dropped by […]
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Will Apple’s interest in cryptocurrencies drive the next leg of the up-move? Let’s analyze the charts. Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. […]
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