In an interview with Yahoo! Finance, Lee suggested that technical achievements for BTC/USD paved the way for serious short-term gains. Bitcoin (BTC) is primed for average gains of almost 200% over the next six months, one of its best-known supporters has told mainstream media. Speaking to Yahoo! Finance on Feb. 4, Tom Lee, co-founder at […]
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Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws. Eight members of the United States (U.S.) Congress sent a letter to the Internal Revenue Service (IRS) urging the agency to provide additional clarity on cryptocurrency tax laws. A letter dated Dec. 20, signed by eight U.S. […]
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There are simple bullish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. Candlestick charts are favored by crypto traders due to their visual appeal and simple to understand nature. Their history lies in the Japanese rice trading and the system has been updated and utilized throughout […]
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Grayscale Bitcoin Trust may become the first SEC-reporting crypto-based security, potentially signifying a trend for more transparency. On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world’s largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its […]
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The latest dip below $9,000 has traders turning bearish once again, but a closer look at some key on-chain metrics paints a bullish picture for BTC price. Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital […]
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The decentralized exchange responsible for over 40% of DEX transactions claims to have created an “infinite scaling solution” for the Ethereum network. IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network. 1,000 times faster In an email sent to […]
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A gap in Bitcoin futures trading suggests Bitcoin will try to fill remaining space around $8,600 before continuing higher, says one market analyst. Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin seeks to break out of […]
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Blizzard’s ban of Bitzchung for expressing his political views triggers community outrage. Is the blockchain coming to the rescue? The gaming world burst into an outrage as a result of Blizzard’s move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an […]
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Have you ever thought about how big crypto transactions affect the crypto markets? Learn more about whale movements here. Has the crypto industry developed any type of solution for such transactions? Crypto auctions, algorithmic trading and over-the-counter (OTC) desks are designed to transfer large amounts of crypto. In cases when you want to trade your […]
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EOS users have been experiencing periodic problems with the network access, developers reassure that everything is “operating correctly.” Within the past few weeks, EOS blockchain protocol users have been experiencing periodic problems with network access. A recent article written by pseudonymous smart-contract developer and security engineer Dexaran described the apparent root of the problem: an […]
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