Bitcoin price again drops below $7K bouncing off $6,800 support while the number of longs on Bitfinex has interestingly increased to the hope of the bulls. Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders […]
Continue Reading
Maduro’s government promises half a Petro each to more than 8 million Venezuelans as part of a Christmas bonus. Venezuelan President Nicolás Maduro announced that this week the government will pay half a Petro to Venezuelan retirees and public workers as Christmas bonus. With a total of 4,500,000 retirees and 3,500,000 public workers, Maduro said […]
Continue Reading
Is the current dip the final buying opportunity before halving boosts Bitcoin price? Bitcoin’s market dominance has been holding above 65% mark since late July of this year. This shows that Bitcoin continues to garner the maximum interest from the market participants. There were periods in the past few months when it looked like an […]
Continue Reading
As new investors enter the Bitcoin and cryptocurrency market, one must have a game plan with clearly defined steps to avoid losing money. Interest in cryptocurrencies has been on the rise throughout 2019 and Bitcoin’s (BTC) impressive 300% rally from $3,130 in February 2019 to $13,800 on June 26 surely had something to do with […]
Continue Reading
The weekend’s choppy price action saw brief respite on Monday as Bitcoin continued its habit of “filling” a void left at Friday’s futures close. Bitcoin (BTC) rose above $7,100 on Dec. 16 to just hit a fresh “gap” in futures markets, continuing a trend that has captured analysts. Cryptocurrency market daily overview. Source: Coin360 Bitcoin […]
Continue Reading
Here’s the scorecard for Bitcoin price bulls vs. bears exactly a year after BTC bottomed around $3.2K on Dec. 16, 2018. The price of Bitcoin (BTC) closed the second week of December at $7,111, down 5.44% for the week with five of the seven days being days of decline. So far on Monday, Bitcoin is […]
Continue Reading
Two more European cryptocurrency firms shut down because of the upcoming EU Anti-Money Laundering rules. After BottlePay’s shutdown announcement last week, two more European cryptocurrency firms have shut down because of the upcoming Anti-Money Laundering (AML) rules in the European Union. Online crypto gaming platform ChopCoin and mining pool Simplecoin both announced that they are […]
Continue Reading
Officials did not explain the reason for the rethink on leveraged trading, which saw a reduction of 20% in August after regulatory demands. Japanese cryptocurrency exchange Coincheck has abruptly decided to cancel leveraged trading just months after relaunching the tool. In a blog post on Dec. 16, the platform said it had already stopped users […]
Continue Reading
Bitcoin.com claims it wanted to offer a “secure venue” to trade HEX, which faces broad condemnation over awarding constant funds to its founder, Richard Heart. Bitcoin (BTC) skeptical cryptocurrency exchange Bitcoin.com Exchange has sparked fresh controversy after supporting an altcoin widely considered to be a scam. In an article and Twitter post on Dec. 15, […]
Continue Reading
Chip manufacturer AMD has joined the Blockchain Game Alliance and forged two new partnerships to help build out new blockchain-based gaming marketplaces. United States transnational IT firm Advanced Micro Devices (AMD) has joined the Blockchain Game Alliance and forged two new partnerships to help advance the technology’s use in the industry. A Dec. 12 press […]
Continue Reading