Bitcoin Price Analysis: BTC Resilient, Cryptopia Bares Crypto UnderBelly?
After five years of successfully protecting user funds, hackers got the best of Cryptopia. Although figures are yet to be confirmed, hackers were said to have moved $2.5 million worth of ETHs just hours before the exchange switched off, locking user funds. Even still, we cannot take anything from Cryptopia. As one of the many […]
Bitcoin Price Watch: Choppy Price Action Could Lead BTC Higher
Recently, we saw a major downward move below $3,800 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $3,560 support and the $3,400 pivot level. A low was formed at $3,376 and later the price started a decent recovery. It broke the $3,400 and $3,500 resistance levels to move into a […]
Crypto Market Gains Traction: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis
Bitcoin cash price found support near the $120 level and later started a decent recovery against the US Dollar. BCH/USD gained around 5% and broke the $130 resistance level. It seems like the price may continue to grind higher and it could test the $135 and $138 resistances. If there is a downside correction, the […]
Bitcoin Price Weekly Analysis: BTC’s Bullish and Bearish Scenarios Analyzed
Bitcoin price faced an increased selling pressure below $3,700 against the US Dollar. BTC/USD is aligned for the next break either bullish above $3,650 or bearish below $3,550. This past week, bitcoin price started a major downward move from the $4,037 swing high against the US Dollar. The BTC/USD pair declined heavily and broke the […]
Short-Term Correction Expected if Bitcoin Drops Below $3,500
Following a week of slow but steady gains Bitcoin fell off the digital cliff again yesterday with a flash crash that wiped out all progress made so far this year. Analysts are now looking at a short term correction if BTC can hold on to where it has currently fallen. In an epic dump that […]
CivicKey CEO on Bitcoin Price: “Good Chance We’re Going to Retest $3,000”
The co-founder of blockchain-based identity management platform CivicKey has weighed in about the current state of the cryptocurrency markets. Amongst other things, Vinny Lingham stated that he feels the Bitcoin price will retest the $3,000 level in the near future. The South American internet entrepreneur also explained how his own startup had managed to weather […]
South Korea Reveals Plan to Tax ICOs and Cryptocurrencies
The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends. South Korea Closer to Legalize and Tax Crypto Fundraisers as New Government Takes Over Hong Nam-ki, Minister of Economy and Finance and Deputy Prime […]
Big Predictions for 2019: Bitcoin Heading for New All Time High
Price predictions for Bitcoin and cryptocurrencies can always be met with some degree of skepticism. A market correction was expected last year but very few predicted that Bitcoin would lose over 80% in 2018. Weiss Ratings has just released their predictions for the coming year and they are extremely bullish. Starting out with the fact […]
Happy Tenth Birthday, Bitcoin: BitMEX, Crypto Community Celebrate
In late-October, NewsBTC reported that Bitcoin turned ten. While this was factually accurate, the world’s first cryptocurrency turns a decade-old yet again on January 3rd, as Satoshi Nakamoto processed the first official block on this exact day, only ten years ago. This industry occurrence didn’t go unnoticed, as crypto enthusiasts en bloc(k) have taken to Twitter, […]
Crypto Markets Rise After Period of Stability, Ethereum Leads Market Surge
Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%. Today’s move marks the first market surge of 2019, although Bitcoin […]
Crypto Markets Recover Slightly After Yesterday’s Drop, Equities Market Trades Flat
The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner. Crypto Markets Trade Up After Yesterday’s Drop Yesterday, Bitcoin dropped from the $3,800 region to lows of $3,645, from which it has since recovered. At the […]
Bitcoin Acceptance: The Changing Face of Mainstream Media Coverage
In the decade of its existence, Bitcoin has been portrayed in the mainstream media in a number of radically different lights. In its earliest days, of course, it had no media presence whatsoever. As more people became interested in the potentially revolutionary properties of the financial technology, however, Bitcoin hit the news as a law […]
Bitcoin Falls as Technical Indicators Point to More Pain in 2019
Bitcoin is turning negative again. And the technicals aren’t looking too good either going into 2019. The largest cryptocurrency slumped as much as 5.9 percent to $3,668.09 on Wednesday, approaching the more than one-year low of $3,522.58 reached on Nov. 26. After a few days of relative stability, volatility has increased again in the wake […]
Digital Currency Exchange HBUS to Launch a Billboard Campaign In The U.S.
HBUS, the exclusive U.S. partner of Huobi, the world’s leading digital asset solutions provider, today announced the unveiling of their “Evolved Crypto Trading” billboard campaign. The billboard is located on the busy San Francisco corridor of 3rd Street, between Mission Street and Market Street in downtown San Francisco. As part of the campaign, HBUS will […]
Coinbase Launches Trading Desk For Institutional Investors
OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were using OTC as an on-ramp for crypto trading,” said Christine […]
Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]
MV Index Solutions Launches Bitcoin US OTC Spot Index
MV Index Solutions today launched the MVIS Bitcoin US OTC Spot Index (MVBTCO), which is the first bitcoin index based on U.S. price feeds from established OTC digital asset trading operations. The index shows the spot price of bitcoin by tracking its performance based on three of the leading providers in OTC liquidity, including Circle […]
Man Sent Letter Bomb to Bitcoin Firm ‘Over Password Reset’
A man has been jailed for sending a “potentially lethal homemade bomb” to a Bitcoin firm in London – after it refused to reset his password for him. The Met Police, which investigated the case, said detectives could “only identify one possible reason” for the Swedish national’s actions. He had emailed the company, Cryptopay, in […]
