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Bitcoin (BTC)

BTC Price Analysis: Bitcoin’s Next Possible Targets If The Sharp Correction Continues

Bitcoin price has crashed hard today in the wake of OKEx announcing the reopening of withdrawals one day earlier than initially scheduled.Hundreds of Chinese crypto miners who had been previously unable to cash out their BTC block rewards into fiat due to the exchange’s abrupt closure and the CCP’s clampdown on local OTC services are now supposedly dumping their BTC in droves.With it being Thanksgiving day today, too, not only does the timing of the reopening put US traders at a significant...

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6 Possible Reasons For Bitcoin’s $3,000 Daily Price Crash

Bitcoin lost nearly $3,000 in a few hours, resulting in a price below $17,000. From OKEx opening withdrawals, the US supposedly eyeing additional restrictive regulations and increased exchange inflows, here are a few reasons for which this might have happened.#1: OKEx Resumes Withdrawals: Chinese Traders Can Realize Mining ProfitsOKEx is one of the leading cryptocurrency exchanges in the Asian markets. As CryptoPotato reported earlier in October, the founder of the exchange was reportedly...

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EOS Price Analysis: Corrects Lower, Key Support Nearby Near $3

EOS rallied towards the $3.900 level before correcting lower against the US Dollar.The price is currently trading below the $3.300 support and testing the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.120 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could retest the $3.000 support zone before a fresh increase in the near term.EOS price started a sharp decline after it failed to test $4.000 against the US...

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#1022 Bitcoin Rücksetzer, OKEx Auszahlungen & Paypal blockiert Nutzer nach Krypto Trading

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1022. Im heutigen Video geht’s um folgende Themen: Bitcoin fällt 11 Prozent, OKEx will Auszahlungen wieder aufnehmen & Paypal blockiert Nutzer nach Krypto Trading Aktivität. [embedded content] 1.) Bitcoin price suddenly drops 11% as whales move BTC to exchangeshttps://cointelegraph.com/news/bitcoin-price-suddenly-drops-11-as-whales-move-btc-to-exchanges 2.) OKEx set to reopen withdrawals on...

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PayPal-CEO: Bitcoin wird Papiergeld langsam ablösen

CEO des Finanzdienstleisters PayPal sieht Bitcoin als Papiergeld Nachfolger. PayPal ist als weltweiter Zahlungsdienst bekannt. Um so mehr Gewicht hat die Aussage seines CEO Schulman, der im Bitcoin das Potenzial sieht, zukünftig Bargeld als Zahlungsmittel zu verdrängen. Als ersten Schritt wird PayPal nach Aussagen seines CEO Bitcoin Transaktionen zuzulassen. Das würde den...

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Le cadeau de départ de l’administration Trump aux plateformes crypto des Etats-Unis

Selon Brian Armstrong, CEO de Coinbase, l’administration Trump sortante envisagerait d’imposer aux plateformes américaines l’identification des destinataires des transactions sortantes. « La semaine dernière, nous avons entendu des rumeurs selon lesquelles le Trésor américain et son secrétaire Steven Mnuchin prévoyaient d’adopter en hâte, avant la fin de son mandat, une nouvelle réglementation concernant les portefeuilles...

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Litecoin (LTC) Price Analysis: Tops Near $95, But Dips Still Supported

Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...

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Bitcoin Starts Thanksgiving Losing $1000 in Three Hours

So you bought some Bitcoin this week? How about a big red candle to celebrate Thanksgiving?After showing the fastest growth of the year, Bitcoin finally corrected, losing over $1000 in about 3 hours.At 0:00 UTC, Bitcoin was trading at $18869 on Coinbase. The price represented a breath of fresh air for traders and Bitcoin enthusiasts who were expecting a new ATH but were surprised by a downward correction on the afternoon of November 25th.Bitcoin embarked on a sharp correction, losing around...

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Japanese Giant SBI Group Launched A Crypto Lending Service For Bitcoin

Founded in 1999, SBI Group is a financial services company based in Tokyo, Japan. Apart from offering numerous traditional financial services, the SoftBank Group subsidiary announced today a new cryptocurrency-related endeavor.SBI Group has introduced a digital asset lending service through its cryptocurrency arm – SBI VC Trade.The statement informed that the platform, dubbed VC Trade Lending, will initially support only Bitcoin. However, plans include adding support for Ether (ETH), Ripple...

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Michael Novogratz: Bitcoin Is for Everyone and You Should Have 2-3% of Your Net Worth in It

Amidst the excitements of BTC hitting an all-time high, Bitcoin bull and ex-hedge fund manager Mike Novogratz said, in an interview with Yahoo Finance, that Bitcoin was designed for every investor. “Bitcoin is for everyone,” he said, adding that “Everyone should put 2% to 3% of their net worth in bitcoin and look at it in five years, and it’s going to be a whole lot more.”Novogratz is also a former partner at Goldman Sachs and a former manager of Fortress Investment Group. In 2012,...

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