There are several conflicting reports in the crypto world as of late. Despite the idea that bitcoin is surging like mad and is on the verge of once again striking the $11,000 range, it looks like things are very up and down otherwise for both miners and institutions.The Bitcoin Market Is Straddled with Ups and DownsRecently, Live Bitcoin News reported that Bit Farms, a cryptocurrency mining firm, is straddled with heavy debt and is struggling to repay the $20 million+ it owes by the time 2021...
Read More »Bitcoin Cash Price Analysis: BCH Follows Suit With a Strong Move to $294
Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD. Source: TradingViewFollowing the massive surge in Bitcoin’s and Ethereum’s price, Bitcoin Cash has also seen decent growth over the...
Read More »Jacks Club Review
Platform name: Jacks ClubWebsite: https://jacksclub.io/Contact: info@jacksclub.ioSocial Media ChannelsTwitter: https://twitter.com/JacksClubIOTelegram: https://t.me/jacksclub_officialBitcoinTalk: https://bitcointalk.org/index.php?topic=5246554Jacks Club is a relatively new online crypto casino platform that offers a range of provably fair game titles to its user-base. The creators of Jacks Club aren’t new to the crypto gambling space as they have earlier worked with another crypto gambling...
Read More »Crypto Price Analysis July 29: Bitcoin Rose Above $11,000
This past week, Bitcoin added more than 23% and managed to break one of this year’s high at $10,500 per coin.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market capitalization reached $320 billion. Altcoins are trying to keep pace with the “captain” of the industry but their dynamics are quite different. The Chicago Mercantile Exchange...
Read More »Some Analysts Are Warning Traders to Stay Away from Bitcoin
Bitcoin has surged as of late, but according to many experts and analysts, now is not the time to buy.Some Analysts Say “Stay Away” from BitcoinThe sentiment is that the current jumps aren’t going to last, and that there is only a seven percent chance that the asset will again reach its all-time high of nearly $20,000 this year, according to many options markets. Gavin Smith – chief executive of crypto firm Panxora – explained in an interview:Our view for the balance of 2020 is still high...
Read More »Ripple Records 3-Month High, Did Alt-Season Finally Hit XRP? (Price Analysis)
XRP saw a very strong 9.5% price hike today, and it reached $0.24.The coin has now created a fresh 3-month high not seen since late April 2020.Against Bitcoin, XRP continues to struggle as it fails to break 2200 SAT.XRP/USD: XRP Bulls Attempting To Break Above April HighsKey Support Levels: $0.234, $0.225, $0.22.Key Resistance Levels: $0.245, $0.25, $0.255.Since passing the 200-days EMA at $0.21 earlier in the week, XRP has continued to surge as it reached the $0.241 level today. It managed...
Read More »BTC Futures Volume Hit Over $40 Billion, Highest Since March Market Crash
The recent surge in the price of Bitcoin has caused a corresponding boost in the BTC futures market which has an open interest at the $5 billion mark.Following the latest surge in the price of Bitcoin (BTC), the entire futures market has seen consistent growth as data from data analytics company Skew revealed. There are currently about $5 billion aggregate open interest across the Bitcoin futures market representing the total value of outstanding trades held by investors, the highest recorded...
Read More »Grayscale Investments’ Crypto Assets under Management Increase by $1 Billion in Less Than 2 Weeks
According to a statement on the firm’s Twitter account on July 28, Grayscale currently has $5.1 billion in crypto funds under management.Grayscale Investments‘ crypto assets under management have increased by a massive $1 billion in just 11 days. Assets under management, sometimes called funds under management refer to the total investments or assets that a company or individual manages for clients or themselves.Grayscale’s total Bitcoin Trusts boast of a total of $4.3b assets under...
Read More »Philippines Seek Help From The DOJ To Seize An Ongoing Bitcoin Scam
Bitcoin scams by impersonations are emerging globally, and the latest example coming from the Philippines has pushed the nation’s Finance Secretary to sought the help of the US Department of Justice (DOJ). He claimed his name was used to promote a series of ongoing cryptocurrency scams.The Philippines’ Finance Secretary Involved In a BTC ScamAccording to a recent report, Finance Secretary Carlos G. Dominguez III has become a victim of impersonation in an ongoing cryptocurrency scam. He sent a...
Read More »A1 Telekom Austria schaltet Bitcoin-Zahlungen in tausenden von Shops auf
A1 akzeptiert Zahlungen mit Bitcoin und anderen Kryptowährungen Österreichs führendes Telekommunikationsunternehmen, die A1 Telekom Austria Group, gab in einer Pressemitteilung bekannt, dass sein Händler-Zahlungsdienst jetzt Kryptowährungen, einschliesslich Bitcoin, für bargeldloses Bezahlen akzeptiert. Das Unternehmen ist in sieben Ländern tätig und hat 25 Millionen Kunden....
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