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Bitcoin (BTC)

PayPal Enables Eligible US Customers to Buy, Sell, and Store Bitcoin

The giant online payment processor announced yesterday that all “eligible PayPal account holders in the US can now buy, hold, and sell cryptocurrency directly with PayPal.” The update of the original statement reads that users can interact with digital assets from their PayPal application or through their desktop accounts. The cryptocurrency community remains split in its opinion-whether this is actually good for Bitcoin in the long run.  From one side, people believe that...

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What Is Monero (XMR)?

Monero is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is...

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Bitcoin Cash Analysis: Risk of Downside Break Below $250

Bitcoin cash price started a downside correction from the $278 swing high against the US Dollar.The price is now trading above the $250 support and testing the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $260 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $260 resistance or it might dive below the $250 support.Bitcoin cash price is struggling to gain momentum above $260, while...

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Bitcoin Taps $16,500 as All-Time High Comes Into Play

During Friday morning’s Asia trading session, Bitcoin reached its highest price since January 2018 as it topped out at $16,490 according to Tradingview.com. The massive move has built upon November’s momentum adding a further 5% to the king of crypto over the past 24 hours. This week alone, BTC has made 7% and since the beginning of the month less than a fortnight ago, it has cranked 20% outperforming nearly every other traditional asset class. Chart – tradingview.comBTC...

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Russia Seeks Imprisonment for Undeclared Bitcoin and Cryptocurrency Transactions

In the latest turn of events, the Russian Ministry of Finance has taken a harsh stance wrt cryptocurrency regulations. Crypto holders on not disclosing their digital assets (worth 45 million rubles or more) at least twice in a period of three years stand to face a jail term of up to three years. This, however, is an amendment from a previous version. Russian BTC And Crypto Holders Could Face Jail Term As per the latest update on Bitcoin and cryptocurrency regulation, Russia’s...

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As Bitcoin Grows, DeFi Takes Some Nasty Hits

Is decentralized finance (DeFi) dying? Or here’s a better question… Is the DeFi space on the verge of suffering?The DeFi Space Isn’t as Strong as It Used to BeThese are the thoughts that are likely going through the minds of crypto analysts and industry experts alike at the time of writing. Bitcoin has been the biggest digital hit of 2020, having risen by more than 50 percent since mid-March. The currency is doing better than ever, but it’s come with a catch. All those who were invested in...

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Paypal ouvre son service d’achat et de vente de cryptomonnaies aux Etats-Unis

PayPal a annoncé hier l’ouverture aux Etats-Unis de son service d’achat et de vente de cryptomonnaies (Bitcoin, Ethereum, Bitcoin Cash, et Litecoin). La limite hebdomadaire d’achat est finalement 20000 USD, soit le double de ce qui a été initialement annoncé. D’autres zones géographiques pourraient être intégrées au cours du premier semestre 2021. Attention : PayPal ne permet pas le retrait des...

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Bitcoin Dips Following Introduction of COVID Vaccine

Well, the news is out. We’re on the verge of fully developing a coronavirus vaccine. The remedy comes by way of Pfizer, which is one of many companies that have been working on a formula to combat this deadly disease that has been putting certain portions of the world on lockdown for roughly eight months. This is good news to say the least, and yet it appears to have had a negative effect on bitcoin, which seemingly fell by more than $1,000 after the announcement was made.Bitcoin Falls After...

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Bitcoin-Preis auf über 16’000 US-Dollar

Bitcoin-Preis: Das letzte Mal, dass der Bitcoin-Preis höher als zum in den letzten 24 Stunden erreichten Höchststand gehandelt wurde, war im Januar 2018 Nachdem der Bitcoin-Preis einige Male an der an der Grenze zu 17’000 kratzte überschritt der Bitcoin-Preis heute Nachmittag klar und nachhaltig den Preis von 16’000 US-Dollar. Damit ist Bitcoin wieder teuer geworden und nur noch 4’000 US-Dollar vom Allzeithoch von 20’0000 US-Dollar...

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