Author Archives: @HowtoBitcoin

ETF, Lightning, and Halving Drive Recent Bitcoin Rally

ETF, Lightning, and Halving Drive Recent Bitcoin Rally

After taking a brutal beating throughout much of 2019 thus far, Bitcoin made its largest green one-day candle of the year this past week, providing the market with a much needed relief rally.  Bitcoin’s price rose on Friday over $350 before bouncing off overhead resistance in the cryptocurrency’s current trading range. CEO of independent financial consultancy firm deVere Group Nigel Green says that the move might be the start of a “considerable Bitcoin surge” stemming from one of three main factors behind this recent rally, but that […]

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Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks

Analyst: Bitcoin (BTC) May Soon Flip Bullish if Able to Finish Weekend Above $3,480

Following the positive volatility the markets experienced on Friday, Bitcoin (BTC) has been able to find stability in the $3,600 region, signaling that bulls are not ready to surrender the cryptocurrency’s recent price gains. Now, one analyst is claiming that Bitcoin may surge as high as $5,000 in the coming weeks, as the cryptocurrency begins to develop more bullish technical formations. Analyst: Bitcoin May Soon Surge to $5,000 At the time of writing, Bitcoin is trading down nominally at its current price of $3,650. On Friday, Bitcoin […]

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Cryptocurrency Exchanges Targeted by Fake Photo Scam

Cryptocurrency Exchanges Targeted by Fake Photo Scam

Research indicates that large cryptocurrency exchanges are increasingly being targeted by scammers using doctored photographs to trick two-factor authentication reset procedures. The attack once again highlights the importance of securing one’s own private keys and not entrusting security to a third party exchange. There is a market on dark web forums for doctored images and the rates to buy them are remarkably cheap. However, given that many large exchanges require multiple verification methods to reset a two-factor authentication, it remains to be seen just how effective the […]

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Bitcoin Investor Lost Life Savings When QuadrigaCX Didn’t Issue $422,000 Withdrawal

Bitcoin Investor Lost Life Savings When QuadrigaCX Didn't Issue $422,000 Withdrawal

In a matter of weeks, the demise of QuadrigaCX, once Canada’s largest Bitcoin exchange, has reached the front pages of mainstream media outlets worldwide. Bloomberg, Reuters, and Fox Business are among the mass of notable outlets that have covered this debacle. While their coverage of this situation has brought things to light that should be known, relatively little attention has been given to those affected, a purported 115,000. Some lost close-to-zero in funds, while others lost their life savings. Bloomberg recently sat down with one Canadian client of the […]

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Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping

Analysts Expect Bitcoin (BTC) to Climb Higher Before Hitting Resistance and Dropping

Following the crypto market’s quiet weekend trading session, most cryptocurrencies have continued to trade flat, and have thus far maintained nearly all of their recent price gains that were incurred during Friday’s market surge. Bitcoin (BTC) has found stability in the mid-$3,600 region and appears to be forming $3,700 as a level of resistance. Multiple analysts now expect Bitcoin to form another upwards leg before hitting a strong resistance level, which is unlikely to be swiftly broken above unless the cryptocurrency’s bulls garner a significant amount of […]

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Litecoin (LTC) Price Surges Over 7% to Nearly $47 as it Continues its Upwards Surge

Analyst: Upcoming Litecoin Halving Could Ultimately Send LTC Surging

After an incredibly positive week for Litecoin (LTC), it has been able to continue its upwards price surge today and is one of the few major cryptocurrencies that has surged during an overall quiet trading session in the crypto markets. Today’s upwards move has brought LTC to the top of its resistance region, and a break above this level could lead to a significantly further price surge. Litecoin Price Surges During Quiet Trading Session At the time of writing, Litecoin (LTC) is trading up over 7% at […]

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Bitcoin, Ether, and XRP Accepted for $5.5 Million Events Venue

Bitcoin, Ether, and XRP Accepted for $5.5 Million Events Venue

The seller of a $5.5 million property in Carbonear, Canada, is willing to accept payment in any one of 28 fiat currencies or three cryptocurrencies. Those cryptos welcomed for payment of the Stone Jug are the top three by market capitalisation – Bitcoin (BTC), Ether (ETH), and XRP. As you probably guessed from its seven-figure price tag, the Stone Jug is a pretty luxurious property. Spanning three floors, the building has previously hosted performances by traditional Irish and Newfoundland musicians, as well as various other local entertainers. […]

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Fundstrat’s Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin

Fundstrat's Tom Lee: Technical Analysts Becoming Incrementally Bullish On Bitcoin

After Friday’s straight out of left field rally, analysts have begun to express optimism for the first time in a blue moon. In fact, one industry insider claims that technical analysts centered on Bitcoin (BTC) are switching gears from bearish to bullish. But will their forecasts hold up? Related Reading: Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks Tom Lee Downs The Bitcoin Red Pill Again It appears that Tom Lee has downed the Bitcoin red pill yet again. After making an appearance on Fox Business, in […]

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Litecoin Led Last Week’s Crypto Market Surge, Will LTC Lead This Week’s Drop?

Litecoin Led Last Week's Crypto Market Surge, Will LTC Lead This Week's Drop?

Last Friday the crypto markets experienced an incredibly positive trading session that led Bitcoin, and many other cryptocurrencies, to surge 10% or more. This market move was led by Litecoin (LTC), which surged over 30% to erase several weeks of losses. Although Litecoin was the best performing crypto last week, it has led today’s market drop, and if it is unable to garner a significant amount of buying pressure in the near-term, it could lead the entire crypto markets to drop as the week goes on. Litecoin […]

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Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

The total crypto market cap rallied and settled above the $115.0B resistance area. EOS price broke the $2.50 and $2.65 resistance area to place itself in a positive zone. Bitcoin cash price settled above the $120 resistance area, with a bullish angle. Tron (TRX) price traded above the $0.0250 and $0.0255 resistance levels. Cardano (ADA) price surged higher and broke the $0.0380 and $0.0400 resistance levels. The crypto market recovered nicely and it is now correcting gains. Bitcoin (BTC), Ethereum (ETH). EOS, BCH, ripple, tron, ADA and […]

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