What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer […]
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New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]
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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 […]
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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 […]
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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 […]
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Bitcoin price is not showing any bullish signs and appears still set to tumble by as much as 60% before a trend reversal takes place. Bitcoin price (BTC) performed as expected over the past week as 8% was shaved off its price of $7,571.80 between Dec. 8 and Dec. 14. Does this mean the digital […]
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There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns worth learning and understanding […]
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Digital payments giant PayPal is suing the Consumer Financial Protection Bureau for making it provide disclosures for fees it does not charge. PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees. The digital payments giant filed a lawsuit against the CFPB on […]
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Altcoins continue to notch double-digit gains as Bitcoin price trades in a tight range but Ether has failed to follow and remains in the clutch of bears. Altcoins continue to take advantage of Bitcoin’s sideways trading and traders who take a quick glance at the altcoin-to-Bitcoin pairings at their exchange of choice will notice that […]
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Binance launches Latamex, a fiat-crypto platform for Latin American countries that will operate under the Binance Fiat Gateway. Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in […]
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