Bitcoin (BTC)

A lot of people still have some prejudges against cryptocurrencies. They believe that cryptos are the roots of financial evil. However, step by step this myth is being broken.Good things are happening all over the wonderful world of crypto. A lot of great progress has been made lately. But even now there’s still skepticism left about all things to do with crypto (especially with the older generation). Bitcoin=MLM=Casino=PonziCoin. Right?Like all revolutionary inventions, Bitcoin has seen its...

SBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.The latest reports indicate that the Japanese financial giant SBI Holdings wants to launch contract-for-difference (CFD) trading for major cryptocurrencies. Starting on August 31, SBI will begin CFD trading services for crypto assets including Bitcoin (BTC), XRP, and Ethereum (ETH).Based on the official announcement, this new service will be offered via SBI’s foreign...

Gold, oil, and even the US dollar, which have served as a reliable store of value for years, could soon lose that status, according to the Winklevoss twins.According to them, Bitcoin is the value to substitute and when this comes, it could facilitate a surge in its price to $500,000 and beyond.The Major Problems With USDIn a comprehensive post, the Winklevoss twins discussed the past, present, and plausible future of finance, global economies, safe haven tools such as gold, oil, and USD, and...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 958. Im heutigen Video geht’s um folgende Themen: Bitcoin auf 16k oder 9,6k & Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse Coinbit [embedded content] 1.) Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here’s whyhttps://cointelegraph.com/news/traders-say-bitcoin-now-faces-2-main-scenarios-16k-or-96k-heres-why 2.) Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

Bitcoin cash price started a major decline from well above the $300 level against the US Dollar.The price is currently trading well below the $280 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if there is a clear break above the $272 and $275 levels.Bitcoin cash price is declining and it is trading in a bearish zone...

Money attracts money, and Barry Silbert, CEO of Digital Currency Group, knows it. His company has already established itself as one of the most influential corporations in the entire crypto ecosystem. Today, it announced a new venture that will expand its reach into a whole new frontier: the crypto mining industry.In a recently issued press release, DGC announced the creation of a new subsidiary focused on cryptocurrency mining. Foundry, a company quietly founded last year, has received $100...

Riot Blockchain has announced that it has signed a $17.7 million purchase with China’s Bitmain – the largest and most dominant crypto mining firm in the world – and that it will buy more than 8,000 next generation Antminer machines to extract new coins.Riot Blockchain Is Expanding Its HorizonsAccording to the terms of the purchase, Bitmain will deliver approximately 2,000 machines per month to Riot Blockchain beginning in January of next year and ending four months later in April. Riot is a...

Intervenant en vidéo à l’occasion de la réunion annuelle des banquiers centraux, le président de la Réserve fédérale, Jerome Powell, a révélé aujourd’hui que la FED laisserait l’inflation dépasser son objectif de 2% « pendant un certain temps » afin de stimuler le marché de l’emploi. Le Comité de politique monétaire (FOMC) de la Réserve fédérale américaine a officiellement modifié la déclaration...

Many people are seeing bitcoin as a potential hedge against inflation, but as of late, that sentiment is growing, largely because of Jerome Powell, head of the Fed.Bitcoin Could Potentially Surge in the Coming WeeksAs the U.S. Federal Reserve chairman, Powell will be speaking this week at the annual Jackson Hole conference in Wyoming. He’s expected to lay down the law and instill a new set of rules and regulations that will potentially bring inflation in the United States even higher. Among...