Nachdem der Bitcoin im April dieses Jahres sein aktuelles Allzeithoch gebildet hat, ging der Kurs der Kryptowährung vorerst in Richtung Süden. Im Juli wurde der Abwärtstrend jedoch gebrochen und ein starker Aufwärtsimpuls folgte. Bei Fragen bezüglich des zukünftigen Kursverlaufs spalten sich die Meinungen der Experten und Analysten: Während einige in naher Zukunft eine Kursexplosion erwarten, halten andere den Bitcoin für die größte Finanzblase aller Zeiten. Bullenmarkt am...
Read More »Ripple Price Analysis: Bulls Aim Larger Increase
Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...
Read More »In The Money Stocks’ President: Bitcoin Will Eventually Slip to $18K Despite Its Recent Rally
Gareth Soloway – chief market strategist at InTheMoneyStocks – is not impressed by bitcoin’s recent price increase. He argued that the primary cryptocurrency’s USD value would soon reach $50,000-52,000, but will eventually tumble to $18,000. Would History Repeat Itself? In a recent interview for Kitco News, Gareth Soloway – the President of InTheMoneyStocks – opined that bitcoin’s price would eventually experience a massive downturn. While he predicted that the digital asset...
Read More »Helix’s Larry Harmon Guilty of Money Laundering
Larry Dean Harmon, a 38-year-old man who hails from Akron, Ohio, has pled guilty to cryptocurrency money laundering charges after years of running a platform known as Helix, a darknet bitcoin mixing company. Larry Harmon Will Have to Pay Back Quite a Bit of Money Harmon pled guilty in a federal court. As part of his plea, he is required by regulators to give up as many as 4,400 bitcoin units to the state government, which by today’s standards, are worth more than $200...
Read More »Liquid Exchange Hacked, Loses Nearly $100 Million
A crypto exchange known as Liquid – which is based in Japan – has been hacked, leaving it short of nearly $100 million in digital funds. Liquid Has Lost a Lot of Money The hackers involved in the incident have allegedly taken as much as $97 million in digital currency at the time of writing. Several assets – including bitcoin, Ethereum and Litecoin – have been stolen. Liquid has reported that the hacker is allegedly transferring this money to as many as four separate...
Read More »Bitcoin Adoption Continues: UWM, Quorum Holdings, and SafeGold Plan to Accept it as a Payment Method
The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it would explore other digital assets such as Ethereum shortly after. Additionally, the South African property investment firm – Quorum Holdings – and the Canadian jewelry exchange – SafeGold – also vowed to enable clients to use the primary cryptocurrency as a means of payment. The First American Mortgage...
Read More »Mike Novogratz Has Big Bitcoin Plans Despite Recent String of Losses
Despite a string of heavy financial losses, Mike Novogratz – the head of Galaxy Digital Holdings Ltd – is remaining positive about bitcoin and the growing digital finance space. Mike Novogratz Is Looking to Start a Bitcoin ETF In a recent interview, Novogratz has revealed that his company has applied with the Securities and Exchange Commission (SEC) to begin a bitcoin-based exchange-traded fund (ETF), which has arguably been the object of many crypto companies’ affection...
Read More »Un classement mondial de l’adoption des cryptomonnaies
Chainalysis, société spécialisée dans l’analyse de blockchains, a publié cette semaine les premières conclusions d’un rapport sur l’adoption des cryptomonnaies à travers le monde qui sera dévoilé en septembre. Les résultats de ce rapport reposent sur un indice maison, le Global Crypto Adoption Index, qui prend en compte à la fois les échanges « on-chain » de cryptomonnaies et les échanges sur des plateformes P2P (LocalBitcoins et...
Read More »Bitcoin Likely to Reach at Least $96k: In-depth Price Prediction Analysis of 2021 Cycle’s Top
Looking ahead, there are many ways the rest of the current cycle can play out moving forward. The following are two scenarios we are expecting to play out as long as the technical and on-chain data continue to show strength. Our price targets are heavily time-based, condition-based, and blend multiple forms of analysis. Assuming bitcoin price reaches major technical targets to the upside and on-chain metrics are flashing significant sell signals, the probability of a bull...
Read More »CEO of Bitcoin Mixer Pleads Guilty to Laundering $300M in BTC
The owner of Bitcoin mixer Helix and resident of Ohio, Larry Dean Harmon, pleaded guilty to a one-count conspiracy to launder monetary instruments. Previously, US prosecutors alleged that the Bitcoin mixer laundered over $300 million. Bitcoin Mixer Operator Pleads Guilty Harmon pleaded guilty in the United States District Court for the District of Colombia on Wednesday (August 17th, 2021). According to a press release by the US Department of Justice (DoJ), the Ohio resident...
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