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Bitcoin (BTC)

You Fail to Understand Bitcoin – You have a Brain Block

The lack of knowledge about bitcoin makes one feel that bitcoin is a hallucination. Many feel they are just some numbers in the cyberspace. The whole idea of the bitcoin system is a mirage and a bubble of the soap. Often many think that bitcoins are bought by fools and people who buy bitcoins from these fools are even more foolish.But you may have missed out on the fact that the US dollar is also illusion and hallucination. They are also mainly numbers in the cyberspace largely. Sometimes the...

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Crypto Price Analysis & Overview June 12th: Bitcoin, Ethereum, Ripple, VeChain & Kyber Network

BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...

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QuadrigaCX Was A Ponzi Scheme Long Before Founder’s Death, OSC Report Reveals

More than a year after the sad end of Canadian cryptocurrency exchange QuadrigaCX, a new investigative report published by Ontario’s securities regulator reveals that the exchange had gone rogue long before the co-founder was pronounced dead in India.QuadrigaCX was one of Canada’s largest exchanges until late 2018 before the sudden passing of its co-founder and CEO Geral Cotten. The company then claimed only Cotten had access to the private keys of the exchange’s cold wallets, which held some...

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Bitcoin and Stocks Crash Together: June 11 Proved That Decoupling Might be Gone (Unlike Gold)

Yesterday was a painful day for both cryptocurrency and stock investors as the prices tumbled in a similar manner.As CryptoPotato reported, the Dow Jones, S&P 500, and Nasdaq 100 lost sizeable chunks of their value of around 5%, and so did Bitcoin. This invalidated the narrative for the decoupling of crypto from traditional stock markets.There was one asset, however, that remained stable and seemingly unfazed by the market crash. Gold remained stable, completely uncorrelated with both...

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Following a 240% Increase in 30 Days Zilliqa Recovers From BTC’s Latest Drop. ZIL Price Analysis

After reaching $0.03 mark yesterday, ZIL for support around $0.024 and bounced back.Zilliqa’s parabolic move looks strong, but it’s maintaining higher highs and higher lows on the 4-hours time frame.ZIL/USD: Zilliqa Bouncing BackKey Resistance Levels: $0.03, $0.032, $0.034Key Support Levels: $0.024, $0.0226, $0.0198ZIL/USD. Source: TradingViewZilliqa saw an impressive performance since May following a 66% increase over the last seven days. This surge started after a slow push above $0.005...

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Despite The Growing Interest, India Might Ban Bitcoin Once Again

According to recent reports, the Ministry of Finance in India has proposed to ban digital assets. The move comes only three months after the nation’s Supreme Court revoked a two-year-old ban.India Changes Its Mind On Crypto (Again)?A local report from today informed that India’s Ministry of Finance had moved a note for inter-ministerial consultations. After the consultations, it will reach the cabinet and subsequently, the Parliament.Should it be successfully implemented, it could effectively...

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Le bitcoin en baisse, dans le sillage du Nasdaq, du Dow Jones et du S&P 500

« Le cours Bitcoin a suivi la baisse généralisée des marchés boursiers en faisant une chute de 800 dollars, passant du niveau des 9900 dollars à 9113$ sur Binance. Sur fond de crise du Coronavirus/Covid19 et de la crainte d’une deuxième vague de contamination, les marchés financiers (Dow Jones, S&P 500, Nasdaq) sont passés dans le rouge après une vague de hausse importante les jours...

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Bitcoin Price Analysis: After Losing $1000 Yesterday, Is Mid-March Crash Starting All Over Again?

Recap of June 11, 2020: Bitcoin price touched nearly $10K as the daily high, and just a few hours later, the price plunged to almost $9K ($9078 on Bitstamp) as the daily low.In our previous price analysis reports from the past days, we anticipated a huge move. This is from yesterday’s analysis: “Bitcoin’s mid-term symmetrical triangle is coming to its apex, and a decision is soon to be made.”As Bitcoin couldn’t breach the $10,000 for maybe the sixth attempt since May 7, and together with the...

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#902 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange Ponzi & DeFi exponentielles Wachstum

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 902. Heute sprechen wir über folgende Themen: 500 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange war ein Ponzi & DeFi zeigt exponentielles Wachstum. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – Erhalte 35 Euro für dein kostenloses deutsches Konto inkl. Debit Masterkarte und Bitcoin Wallet – https://bit.ly/Bitwala-Banking [embedded content] 1.) 500 Estonian Crypto Companies Lose Permits After...

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Bitcoin Cash Analysis: Key Support Turned Resistance At $245

Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....

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