US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines NewBitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments…
Roger Ver Donates $10K in Bitcoin Cash to Casa de Amparo Children’s Shelter NewJust recently Bitcoin.com’s Roger Ver donated $10,000 worth of bitcoin cash to the charitable organization Casa de Amparo, a 501(c)(3) charity that helps children escape child abuse and neglect. Since 1978, Casa de Amparo has offered a myriad of programs that help those affected by and at risk of child abuse in San Diego County.…
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar NewPeer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. Despite the strict proposal drafted…
US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus NewThe U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation. Decade-Long Recovery Costing $8 Trillion The U.S. Congressional Budget Office…
Bitcoin’s Flash Rally to $10,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger NewLong time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator. A ‘head-fake’ trade happens when an asset price makes…
Bitcoin Cash Vietnam-Based Fiat-to-Crypto Trading Support Added to Bvnex ExchangeThis week the trading platform Bvnex Exchange announced the support of bitcoin cash on the Vietnam-based fiat-crypto trading platform. The support gives the Vietnamese market and other regions in Asia, the ability to trade bitcoin cash for VNDT- Vietnam dong. On June 2, 2020, the crypto exchange Bvnex listed bitcoin cash on the cryptocurrency trading…
Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With CryptocurrenciesCrypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand Returning Despite Covid-19 Travala.com, a website where travelers can book flights from over…
Analysts Ring in Too Early About Bitcoin NewWell, analysts are probably feeling pretty darn foolish for reaching such premature conclusions about where the price of bitcoin will go in the coming days. The Bitcoin Predictions Came Too Soon Everybody was super stoked to see that bitcoin had finally broken past its recent $10K resistance. After trading in the mid-$9,000 range for the...…
$10,000 for Bitcoin? It Didn’t Last Long AT ALL… NewWell, it looks like the spike to $10,000 that we just reported for bitcoin was short lived… Extremely short lived. Well, the Bitcoin Run Didn’t Last Long at All Just yesterday morning, the asset saw itself regaining all it had lost during the height of the coronavirus pandemic. The currency was trading for well above...…
Bitcoin Hits $10,000 Again NewBitcoin has shot past the $10,000 mark again. Bitcoin Has Hit the Five-Figure Mark The surge follows news that the United States is suffering from civil unrest. With so many riots in the streets and violence occurring in what appears to be every major city, it’s no wonder that bitcoin has shot up more than...…
Cardano (ADA) Price Analysis: Fresh Breakout Likely Above $0.08 NewADA price rallied towards the $0.0880 level before correcting lower against the US Dollar. The price declined below the $0.0800 level, but it found support near the $0.0720 level. There is a major contracting triangle forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken). The price could start another increase if...…
Bitcoin Price Analysis: BTC Holding Key Uptrend Support Near $9,320 NewBitcoin price declined sharply after testing the $10,400 against the US Dollar. It is holding a crucial uptrend support near the $9,320 and $9,300 levels. There is a major bullish trend line forming with support near $9,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair start a fresh increase...…
BitClave Settles 2017 Token Sale Allegations with the SECBlockchain firm BitClave is being forced to refund all the money it earned three years ago through an initial coin offering (ICO) thanks to a settlement with the Securities and Exchange Commission (SEC). BitClave: Not the First, Not the Last The SEC has been coming down hard on blockchain and crypto companies that allegedly fail...…
Ethereum Is Outdoing Bitcoin as of LateBitcoin has been doing relatively well, as of late. The world’s number one cryptocurrency by market has surged beyond $9,500 for the first time in well over a week, and the bullish train its riding doesn’t appear to be running out of steam anytime soon. However, bitcoin’s recent gains don’t even compare to the run...…
Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020 NewBitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders. On spot exchanges and some other derivatives exchanges, the cryptocurrency…
Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC NewBitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in…
Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes NewThe entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin…
Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next NewBitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it…
Retail Bitcoin Traders Repeatedly Shaken Out While Following Trends NewRetail buyers helped push the price of Bitcoin back up toward $10,000 after the Black Thursday crash to below $4,000. Low prices proved to be too attractive to pass up, and traders went against the trend. But following the initial storm of buying, retail traders following the trend has led to repeated shakeouts, according to…
Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst NewAfter attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges. While Ethereum is still trading at prices higher than that seen just four…
Trader: Bitcoin Looks Almost Exactly as It Did Prior to an 80% Rally in 2019 NewIt’s been a tough past day for Bitcoin. Just a little more than 12 hours after the cryptocurrency crossed $10,000 for the first time in weeks, BTC’s price tanked. As reported by Bitcoinist previously, saw a mass liquidation event on derivatives platforms that took Bitcoin as low as $8,600 on BitMEX. For BitMEX in specific, BTC…
What Are Bitcoin Futures? Complete Beginner’s Guide NewAs speculation of regulatory guidelines and institutional investment in cryptocurrencies continues to unfold, keeping up with all of the developments can be challenging. However, Bitcoin futures have been available since the end of 2017, and they are increasingly available on regulated exchanges. They also may potentially impact regulatory decisions on further financial instruments for Bitcoin,…
Royal Ace Casino Review: A Well Established Casino With Welcome Bonuses NewRoyal Ace Casino is an online casino that has been on the block since 2009. Royal Ace Casino has a library of games ranging from slots titles, table games and video poker, with an additional selection of some niche games. One of its main focuses as a platform is keeping customers busy with regular exciting promotions.…
Free Cryptocurrency: Complete Guide to Earning Free CryptoThe last couple of years have marked an increase in the overall public awareness of cryptocurrencies worldwide. In return, a larger number of people have expressed their interest in purchasing or earning digital currencies. While buying your favorite coin via an exchange is likely the easiest way to enter the cryptocurrency market, this industry is…
Best Cryptocurrency Tax Software: Complete Guide to the Top OptionsThe rise of the cryptocurrency industry, alongside the high profits that people can earn through the purchase, trade, and investment of digital currencies have encouraged governments throughout the world to update their taxation policies, in order to take crypto-based profits into account. However, cryptocurrencies are very dynamic, whereas keeping track of all transactions for taxation…
Bitcoin Hosting: Web Hosting Companies Who Accept Bitcoin & CryptocurrencyIt is easy to forget that Bitcoin is a very useful currency in its own right. One area where Bitcoin is a perfect payment solution is web hosting. There are no shortage of top-tier web hosting companies who accept Bitcoin. Most offer a range of services, and some even offer a high level of anonymity.…
How to Make Money with Bitcoin: 10 Ways to Earn CryptocurrencyThere are a number of ways that individuals can earn Bitcoin online. Unfortunately, just as in real life, there is no such thing as a free lunch. Any way of earning Bitcoin online will require something in exchange, whether it’s your time or your knowledge or your computer’s processing power. Some of the methods outlined…
WPEngine Coupon CodeWPEngine are a hosting company which specialize in WordPress websites, the number one CMS in the world. They have established themselves as the market leader in managed hosting, which means you don’t have to worry about the day to day running of the platform: everything is optimized and taken care of to make sure your…
Crypto scams are alive and well; CipherTrace reveals $1.4 billion in crypto stolen in 2020 NewCryptocurrency scams were a hot topic in 2018, courtesy money-grabbing ICOs, Twitter impersonations, and ever outright disappearances. The post Crypto scams are alive and well; CipherTrace reveals $1.4 billion in crypto stolen in 2020 appeared first on CryptoSlate.
This mining pool’s selling activity suggests Bitcoin is far from being bullish NewBehaviors seen amongst Bitcoin miners can provide insights into the state of the crypto market, as they are the collective group responsible for both running the BTC network and placing a steady stream of selling pressure on the market. The post This mining pool’s selling activity suggests Bitcoin is far from being bullish appeared first…
Here’s why analysts say Bitcoin’s 14% drop on June 2 is actually healthy for the medium-term trend NewOn June 2, more than $220 million worth of long and short contracts were liquidated on BitMEX. The post Here’s why analysts say Bitcoin’s 14% drop on June 2 is actually healthy for the medium-term trend appeared first on CryptoSlate.
Comparing the top platforms to earn interest on Bitcoin, Ethereum and other cryptocurrencies NewThis guide takes a look at the best performing and reputed platforms to earn interest in Bitcoin holdings and other cryptocurrencies. The post Comparing the top platforms to earn interest on Bitcoin, Ethereum and other cryptocurrencies appeared first on CryptoSlate.
Joe Rogan says he uses crypto-based Brave Browser on the JRE Podcast NewOn the Joe Rogan Experience (JRE), Joe Rogan, arguably the world’s most popular podcast host, said he uses Brave Browser. The post Joe Rogan says he uses crypto-based Brave Browser on the JRE Podcast appeared first on CryptoSlate.
Grayscale’s Ethereum Trust trades at a 725% premium, implying $230B ETH market cap NewIt’s been a record past few months for Grayscale Investments — an industry fund manager best known for its two flagship funds: the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE). The post Grayscale’s Ethereum Trust trades at a 725% premium, implying $230B ETH market cap appeared first on CryptoSlate.
Bitcoin’s network health took a serious blow last week amidst hash rate free-fall NewBitcoin’s network health has been caught within a steady decline ever since its mining rewards halving took place. The post Bitcoin’s network health took a serious blow last week amidst hash rate free-fall appeared first on CryptoSlate.
Analyst Claims “All Bets are Off” Once Bitcoin Breaks $10,500; Here’s What the Charts Say NewBitcoin has seen incredibly mixed price action in recent times, with its rally to $10,400 invigorating buyers while its decline from these highs has bolstered bulls. Although its mid-term trend remains incredibly unclear, there are a few technical factors that offer insight into the cryptocurrency’s near-term outlook. One such pattern suggests that the crypto is...
Why an Eerily Accurate Analyst Still Expects Bitcoin to Retrace to the $7ks NewAfter the $1,500 drop that Bitcoin sustained just the other day, analysts are reconsidering their bullish skew on the crypto market. One analyst went as far as to suggest that the cryptocurrency is poised to correct towards the $7,000s after seeing that harsh rejection above $10,000. The analyst in question predicted months in advance BTC...
Analyst: Ethereum Bulls Still In Control at $240, Even Without “Real” Buying NewAfter breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges. Despite this strong drop, analysts assert that bulls still remain in control of the asset....
These Factors Show Ethereum is Still Poised to Explode Past Yearly Highs at $290 NewEthereum has entered a firm consolidation phase in the time following its recent bout of volatility. This turbulence came about yesterday, with ETH’s buyers propelling it to highs of $255 before it lost its momentum and declined down to lows of $230. Bitcoin triggered this movement, as the benchmark cryptocurrency first rallied to highs of...
CME Bitcoin Futures Post Strong Trading Session Amidst Market Chaos; What This Means NewBitcoin’s immense volatility seen yesterday caught investors and traders off guard, leading to over $200 million in positions to be liquidated. It also made it increasingly unclear as to how strong BTC’s recent uptrend truly is. This volatility appears to have been driven primarily by users on margin trading platforms like BitMEX, although it also...
Peaceful Protestor Recommends Buying Bitcoin On Live TV To Opt Out Of Failed Monetary System NewFollowing the pandemic and its impact on the economy, the mental health, and tensions of all global citizens, things in the United States have reached a boiling point. Widespread protests have erupted into the streets over the unjust passing of George Floyd. While some have turned violent, others remain peaceful. One particular protest in Los...
World’s Highest Paid Podcaster Joe Rogan Uses the Crypto-Focused Brave Browser NewComedian Joe Rogan, the host of one the most popular podcast in the world, discussed online privacy in his most recent episode, saying that he uses the Brave browser to avoid being tracked. With data protection becoming an increasingly important issue in the world, the once niche products such as Brave are set to reach...
‘No Message Was Signed’: Craig Wright Refutes Tulip Trust Fabrication NewCraig Wright has refuted the notion he doesn’t have the private keys to the ‘Satoshi’ addresses that he claimed in court as his own.
Podcaster Joe Rogan Uses Crypto-Powered Brave Browser NewJoe Rogan and Reggie Watts just talked up Brave to millions of people.
Hive’s Transactions Overtake Steem’s as Splinterlands Joins the Rebellion NewThe most-popular Steem DApp has moved to Hive, resulting in daily Hive transactions overtaking Steem for the first time.
‘Crypto Mom’ Nominated to Serve as SEC Commissioner Until 2025 NewHester Peirce, affectionately known as ‘Crypto Mom’, looks set to serve in the US Securities and Exchange Commission until 2025.
Walmart China Subsidiary Teams Up With VeChain to Trace Food Products NewVeChain has partnered with a Walmart China subsidiary to increase supply chain transparency for its food products.
Blockchain Platform to Track $2.5B Worth of Tea Products NewThe Chinese province of Yunnan will track their tea supply chain using blockchain technology.
Bloomberg: "Bitcoin will approach record high of about $20,000 this year" NewBloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000.
SEC ‘Crypto Mom’ Hester Peirce Tapped for Second Term at US Regulator NewSEC Commissioner Hester Peirce has reportedly been nominated to another five-year term at the agency.
Latest Bitcoin Core Code Release Protects Against Nation-State Attacks NewBitcoin Core released a new software update Wednesday. Notably, it includes experimental software to hedge against attacks from nation-states and ISPs.
Argo’s Mining Revenue Dips After Bitcoin’s Halving NewLondon-based bitcoin miner Argo reported that a dip in revenue last month may have occurred due to the bitcoin halving.
Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism NewThe bitcoin rollercoaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound.
Nonprofit Energy Consortium Trials Blockchain Management for Wastewater Tracking NewA U.S. oil and gas consortium says a blockchain-based automated platform tracking wastewater reduced transportation costs.
5 Numbers That Tell the Story of Markets Right Now NewFrom the largest 50-day rally in history to the highest unemployment since the Great Depression, the story of markets in 5 key numbers
Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish NewThe conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.