Bitcoin (BTC)

The last seven days weren’t so fruitful for Bitcoin. After trading in a relatively narrow range for a while before that, the BTC price gradually increased to about $9,700 on Wednesday. On the same day, however, the price tumbled during the same day and started declining.Immediately after that, Bitcoin retraced to about $9,000 before finding support and bouncing off to where it currently trades at around $9,200. The thing to consider about the movements is that they coincided with respective...

New evidence suggests that if institutional players and mega investors all put at least one percent of their earnings into the world’s leading digital currency by market cap, the asset would reach the $50,000 mark within a relatively short period.Institutional Players Can Push BTC to the StarsOne of the big things that many analysts say is lacking in the crypto space is the presence of institutional players. While their strength in the space is growing every day, their activity and behavior...

Recently, Live Bitcoin News reported that platforms like PayPal and Venmo were looking to potentially offer bitcoin and cryptocurrency buying, trading, and selling options to customers. New evidence appears to show that these companies are primarily interested in crypto services due to bitcoin’s meteoric rise during the spread of the coronavirus.PayPal Is Moving Towards a Crypto FutureAs we all remember, bitcoin suffered heavily when the virus initially began to expand during the first half...

Der Bitcoin-Kurs verhält sich ähnlich wie der Aktienmarkt Was war der Grund für diesen Kurseinbruch? Wir könnten mal wieder auf eine Vielzahl von Indikatoren zugreifen, aber eigentlich ist der Grund ganz einfach. Momentan gibt es eine starke Korrelation zwischen dem amerikanischen Aktienmarkt und dem Bitcoin-Kurs. Bitcoin-Kurs verhält sich ähnlich wie der Aktienmarkt In der...

BitcoinBitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back into $9,190.The crucial thing about this week’s price drop is the fact that BTC looks like it broke beneath a rising trend line that has been in play since mid-March 2020. If BTC continues beneath...

The SEC has filed civil charges against Abramoff and Andrade in addition to the criminal charges. Andrade hired Abramoff in 2017 to “work on a public relations and marketing campaign” for the cryptocurrency, called AML Bitcoin.The United States government announced recently that lobbyist and former criminal Jack Abramoff had agreed to plead guilty to violating a federal lobbying disclosure law regarding the purported counterfeit offering of the cryptocurrency AML Bitcoin. Abramoff together...

Suite au dépôt de bilan de la société de paiements en ligne Wirecard, Crypto.com vient d’annoncer que ses cartes cesseront de fonctionner d’ici la fin de la journée : « Suite à un avis de la FCA concernant Wirecard UK, nous venons d’être priés de suspendre toute activité sur nos programmes de cartes au Royaume-Uni et en Europe. Nos clients dans ces deux zones ne pourront ples recharger leurs...

Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya recently doubled-down on his advice that people should allocate at least 1% of their portfolio in Bitcoin as protection.He believes that if the asset skyrockets in value, it would be because of rather damaging world events and the lack of proper countermeasures by governments.Palihapitiya: BTC’s Lack Of Fundamental Correlation Is PositiveIn a recent podcast, the former Facebook executive noted that the US Fed and Treasury...

The popular cryptocurrency investment company oriented toward institutions, Grayscale, has reportedly added another 19,879 BTC to their Bitcoin Trust in the last week alone.The fund continues to increase its exposure to the leading cryptocurrency, as it now manages about 400,000 BTC.Grayscale Buys $185 Million Worth of BTCGrayscale’s Bitcoin Trust continues to grow, according to popular researcher Kevin Rook.“Grayscale added 19,879 BTC to their Bitcoin Trust since last week (53,588 BTC since...

The well-known lobbyist and ex-convict Jack Abramoff had agreed to plead guilty to a cryptocurrency scam. He was operating an alleged Bitcoin fraud case that was violating existing federal lobbying disclosure regulations.Parallel Charges Against NAC, Rowland Andrade, and AbramoffOn Thursday, the U.S. SEC announced its charges against both the chief executive of NAC Foundation, Rowland Marcus Andrade, and Abramoff. The accusations consist of operating a conspiracy scheme making false and...