Category Archives: Bitcoin News

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

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

The total crypto market cap tested the $117.50B resistance and later corrected lower. EOS price is currently correcting lower and it may test the $2.40 support level. Bitcoin cash price tested the $130 resistance and it is currently moving lower towards $126. Tron (TRX) price remains in an uptrend and it could accelerate towards the $0.0300 level. Cardano (ADA) price settled above $0.0420 and it is currently consolidating in a tight range. The crypto market started a downside correction after yesterday’s recovery. Bitcoin (BTC), EOS, Ethereum, BCH, […]

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Ripple Price Analysis: XRP Could Dip and Rip Above $0.3200

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price spiked above the $0.3210 level recently and later dipped below $0.3150 against the US dollar. There is a declining channel in place with support at $0.3130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip below the $0.3130 support before it may bounce back above $0.3160 and $0.3200. Ripple price is slowly retreating from recent highs against the US Dollar and Bitcoin. XRP/USD is likely forming a dip and rip scenario with supports near the $0.3120 and $0.3110 […]

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Crypto is Like Catnip for Cyber Criminals

Crypto is Like Catnip for Cyber Criminals

In response to increasing security concerns around SMS-based two-factor authentication (2FA) and the prominence of SIM-swapping schemes targeting crypto investors, Google last year released the Titan Security Key. The Titan Security Key enables advanced 2FA without the need to send a text message that could be intercepted by cyber criminals. Google’s Head of Account Security Mark Risher, who helped develop the Titan Security Key, believes that crypto is like “catnip” for cyber criminals, and explains why the emerging asset class has become such a “hot target.” Crypto […]

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Bitcoin Philanthropy: Indian School Girl Receives Loaded Ledger Wallet

Bitcoin Philanthropy: Indian School Girl Receives Loaded Ledger Wallet

With the explosion of Bitcoin’s price over the last few years, a lot of early believers suddenly found themselves with more money than they knew what to do with. This has often resulted in tremendous acts of charity from the community. The latest involves a pseudonymous Twitter user who was the winner of a Binance Academy competition. The prize was a custom Ledger Nano hardware wallet, which the receiver has loaded up with various cryptos and gifted to a young girl from India. Binance CEO Commends Bitcoin […]

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Investors in Davos Separate Bitcoin and Blockchain, Claim BTC Will go to Zero

Investors in Davos Separate Bitcoin and Blockchain, Claim BTC Will go to Zero

As the World Economic Forum (WEF) Continues in Davos, Switzerland, and the who’s-who of finance and politics enjoy $40 hot dogs, there is a significant amount of negative commentary coming from investors and analysts regarding Bitcoin (BTC) and cryptocurrencies. Most recently, one prominent investor drew a stark line between blockchain and Bitcoin, noting that he strongly believes in the future of the former, while disregarding the latter as a pseudo-currency that will likely “go to zero.” Davos Not Bitcoin Friendly The recent comments came from Jeff Schumacher, […]

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Jamie Dimon Says He Takes No Pleasure in Bitcoin Decline

Jamie Dimon Says He Takes No Pleasure in Bitcoin Decline

The CEO of JP Morgan Chase has once again spoken about Bitcoin (BTC). Jamie Dimon, who once called the digital currency a “fraud” and later backtracked on his comments has now said that he takes no pleasure in seeing prices take a short-term crash as he stated they would. Speaking at the World Economic Forum in Davos, Switzerland with CNBC’s Squawk Box, the CEO also lamented his preference for blockchain technology over Bitcoin. Jamie Dimon Finds No Satisfaction in Seeing Bitcoin Prices Slide Despite having previously vowed […]

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Analyst: Recent Bitcoin Price Action May Confirm BTC is Nearing a Long-Term Bottom

Analyst: Recent Bitcoin Price Action May Confirm BTC is Nearing a Long-Term Bottom

Bitcoin (BTC) and the general cryptocurrency markets have stabilized following the recent bout of volatility they experienced this past weekend. Yesterday, however, Bitcoin’s price quickly dropped to lows of $3,550 on the aggregated markets before sharply surging back towards its current levels. One analyst believes that this drop and surge, albeit relatively small, is the result of a confluence of factors that could suggest Bitcoin is nearing a long-term bottom. Recent Bitcoin (BTC) Volatility Further Confirms Current Trading Range At the time of writing, Bitcoin is trading […]

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CBOE May Have Withdrawn Bitcoin ETF Filing to Avoid Automatic Rejection

CBOE May Have Withdrawn Bitcoin ETF Filing to Avoid Automatic Rejection

The advent of a U.S.-based, fully-regulated Bitcoin (BTC) exchange-traded fund (ETF) has long been a hope for crypto’s most fervent dreamers. Yet, these dreams, deemed quixotic by most, was quashed on Wednesday, as reports arose that the foremost cryptocurrency ETF application was withdrawn from the care of the (partially-defunct) U.S. Securities and Exchange Commission (SEC). Related Reading: 58% of US Investors Would Invest in Bitcoin via ETF: Major Hedge Fund CBOE Pulls Out Of VanEck Bitcoin ETF Deal On Wednesday afternoon, the SEC released one of the most […]

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BTC Liquidity, Pennsylvania, Texas Clarity

BTC Volumes Shrink 22% From Jan 10

Bitcoin Price likely to bounce above $3,800 Pennsylvania DoBS clarifies that crypto exchanges don’t need MTA licenses to operate Average transactional volumes expected to rise in the short-term After yesterday’s higher highs, Bitcoin is poised to extend their gains today. Gains are low but up from yesterday’s lows meaning our previous BTC/USD trade plan is valid. If our projections are accurate, then we expect BTC prices to retest $4,500 and $5,000. Bitcoin Price Analysis Fundamentals There is a changing wave across the US. First, it was Texas, […]

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XRP Steady, Inroads to Mainland China

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price stagnant but net bullish Chinese University partners with Ripple Average volumes low but projected to rise as XRP demand increase There is progress from the fundamental side of the equation. Prices are stable but on a bullish path while Ripple continues to partner with universities. From the chart, XRP stands to retest 40 cents and even 60 cents by mid-Feb 2019. Ripple Price Analysis Fundamentals Cryptocurrencies and initial coin offering may be illegal in China. However, that is not stopping Ripple, the company behind the […]

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