Characterized by an explosive rally in the last 24 hours, bitcoin just took back this year’s high again. But a popular TradingView-based analyst is calling for BTC to hit $14,300. This is based on the ‘Underlying Trend-line’ analysis, which, according to him, is the “the most consistent trend-line since March.” Bitcoin Testing The Underlying Trendline Again, Next Stop $14,300 As per TradingShot(TS), a widely popular bitcoin analyst, all the signs are pointing to BTC rallying...
Read More »Bitcoin Is About to Strike the $12K Mark All Over Again
Bitcoin is on the verge of hitting the $12,000 mark again. This would be the first time the currency has done so in about two months, with late August being the last time the price of the world’s number one cryptocurrency by market cap has come this close.Bitcoin Is Once Again Heading for the TopDuring that time, the asset rose as high as $12,400, though a historically bearish September would then set in and drag bitcoin down to the bottom of the financial ocean, taking its price all the way...
Read More »FinCEN Issues $60 Million Penalty to Bitcoin Mixer Larry Harmon
Larry Dean Harmon is a hired bitcoin mixer that is now in trouble for bitcoin mixing. In other words, he’s stuck facing a multi-million dollar fine because he did his job, though whether that job is legal is still widely open to question. As the owner of bitcoin mixers Helix and Coin Ninja, Harmon has been saddled with a $60 million penalty by the Financial Crimes Enforcement Network (FinCEN).Harmon Has Been Saddled With a Big PenaltyIn a statement, FinCEN claims:[Harmon] willfully violated...
Read More »Darkside Crime Ring Donates $10K in Stolen BTC To Two Separate Charities
Imagine running a charity program that accepts money for noble causes. Suddenly, a criminal or malicious actor shows up and decides he’s going to give some money he stole to you. You’d like to say yes because any amount helps what you’re working towards, but the fact is that this is stolen money, and your conscience could never be okay with taking it. In addition, you’re likely to get locked up in some legal issues down the line. What would you do? Unfortunately, for two charities, this is...
Read More »The Biggest Concern of Bitcoin Investors Until The End Of 2020: Will Trump Get Reelected (Survey)
Bitcoin’s price is undeniably affected by many factors. Throughout its nascent history, it has displayed continuous correlation with the performance of gold, although, at times, it’s moving hand-in-hand with the stock market. The overall macroeconomic landscape has also proven to be a factor for Bitcoin’s price. For example, it saw a 40% decrease in March when the world declared a state of global pandemic induced by the outbreak of the novel coronavirus COVID-19. The 2020 US...
Read More »ETH Price Analysis: As Bitcoin Parties, Ethereum Sheds 25% BTC-Wise Since September
ETH/USD – Bulls Rebound From 2019 Highs. Key Support Levels: $364, $355, $345.Key Resistance Levels: $396, $400, $410. Over the past week, Ethereum was struggling to break above a very short-term falling trend line. The coin dropped into the support at the 2019 Highs around $364 yesterday which allowed it to rebound higher today. After rebounding, ETH went on to break above resistance at $375. ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price Prediction Looking...
Read More »Bitcoin Price Moons to New 2020 Highs on PayPal News
Newfound bullish momentum is omnipresent with Bitcoin’s price throughout the last few days. The cryptocurrency has increased by more than $2,000 since October 6th, and it shows no signs of slowing down. Bitcoin Price Breaks 2020 Highs on PayPal News Throughout the entire month of September, Bitcoin’s price was somewhat stagnant, with a few minor exceptions. This became a cause for increasing worries among cryptocurrency analysts and traders, many of whom were worried that the...
Read More »« BITCOIN cata écologique », fin de la légende ?
L’excellent article « Quel est l’impact écologique réel de Bitcoin ? », de Cyril Fievet dans le dernier numéro d’Usbek & Rica, remet les pendules à l’heure. Il cite des universitaires et des universités, Cambridge, Marc Bévand, Pierre Noizat, tous apportant leurs arguments sur le ridicule du procès en pollution fait à Bitcoin. Mais l’article cite aussi et nous fait découvrir une spécialiste de l’énergie durable, la professeure...
Read More »Analysis: Current Bitcoin Rise Due To New Money Entering Crypto (And Not Altcoins Sell Off)
Bitcoin is enjoying several consecutive bullish days, resulting in a break above $12,000. The movement may surprise some. A few days ago, news broke that the popular cryptocurrency exchange OKEx had suspended withdrawals after reports emerged that its founder was taken away by the police. In early October, the owners of another large platform, namely BitMEX, were charged by the US CFTC with illegally operating a derivatives exchange. Similar developments typically lead to...
Read More »PayPal annonce qu’il sera bientôt possible d’acheter, vendre et conserver des bitcoins sur sa plateforme
PayPal a annoncé aujourd’hui le lancement d’un nouveau service qui permettra à ses clients d’acheter, de vendre et de conserver des bitcoins et d’autres cryptomonnaies * directement dans leur portefeuille numérique PayPal, grâce à un partenariat avec la Paxos Trust Company. Dans un premier temps (les prochaines semaines) le service ne sera proposé qu’aux clients américains, mais d’autres zones géographiques seront intégrées au fil du...
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