Bitcoin (BTC)

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

It looks like another crypto platform has gone bust, leaving all its investors in the dark. This time, the company that has vanished is one called Vault Age Solutions, and the founder – a man named Willie Breedt – is in hiding after learning that his investors are out looking for him.Vault Age Hasn’t Lived Up to ExpectationsIt’s scary when your company fails in one way or another. It’s even scarier to know that you have shareholders or investors that are watching your every move and that you...

US privacy advocates are worried that the 4th amendment does not protect Bitcoin transactions after a court ruled that the FBI agents hadn’t violated the law when they accessed data of Coinbase clients.Bitcoin Transactions Reveal Deeply Personal InformationA week ago, CryptoPotato reported that a three-judge panel of the Court of Appeals for the Fifth Circuit ruled against the appeal of Richard Gratkowski. He claimed his fourth amendment rights were violated when the federal agents subpoenaed...

Just yesterday, Live Bitcoin News reported that Brock Pierce – arguably one of the biggest figures in the crypto space – had announced a bid to run for president this year in the U.S.The Idea of A Crypto President Has Failed to Make HeadwayThe story raised many pressing questions, the first being, “Does Mr. Pierce realize just how little time he has left?” With just under four months to go before election day, the controversial crypto advocate would probably have to be Superman to put an...

Bitcoin was looking promising to take on the $9,500 level yesterday after finally breaking above a critical down-trending resistance.Unfortunately, the breakout was nothing more than an orchestrated trading strategy used commonly by Bitcoin whales to shake out retail traders and likely accumulate more BTC.And it worked.The Bitcoin-Bashing Bart Simpson PatternWhenever there’s low liquidity, Whale traders need to create volume in order to place large sell orders and reduce slippage as much as...

Dogecoin that is skyrocketing these days has attracted the attention of such major platforms as Binance Futures, OKEx, and Bitfinex.After almost tripling the price in less than a month, digital asset Dogecoin (DOGE) has attracted the attention of three cryptocurrency exchanges, which include Binance, OKEx, and Bitfinex. Trading at $0.004629 at the time of writing, the coin has added 21.55% in the past 24-hours.Further analysis of its past year performance reveals that in the past three...

According to some analysts, the bitcoin trading market has come to a bit of a halt during these past two months.Bitcoin Trading Has FallenLondon-based bitcoin and crypto analytics firm Crypto Compare has put out a report that reads:Spot volumes have gradually dwindled throughout the month of June, now representing roughly half of the daily volumes seen in the previous month. Crypto derivatives exchanges experienced a 35.7 percent drop in volume.Trading through the world’s largest crypto...

BitTorrent Inc users can now purchase goods and memberships on the platform with the USD-backed stablecoin of the leading cryptocurrency exchange Binance – BUSD.BUSD And BNB Changes On BitTorrentIn a press release shared with CryptoPotato earlier today, the popular decentralized peer-to-peer company announced the introduction of the newest cryptocurrency asset on its platform – Binance’s USD-backed stablecoin (BUSD).This becomes possible with the assistance of the integrated payment gateway...

Ripple Labs has said XRP is much more energy-efficient than Bitcoin as it was designed with sustainability in mind.Ripple Labs has indicated that XRP is 57,000 times more environmentally friendly than Bitcoin (BTC). The company said this in a recent blog post titled: “The Environmental Impact: Cryptocurrency Mining vs. Consensus”.It comes as XRP prices gained over 3% in the last 24 hours. At the time of filing this report, XRP price was at $0.206573 (+3.71%).In the report, Ripple considered...