Millions of US citizens received a stimulus check worth $1,200 in the last few weeks as government aid to fight the effects prompted by the COVID-19. Interestingly, if that amount was invested in Bitcoin when the first checks were initially received, it would have grown to $1,600 by now.$1,200 Becomes $1,600 In WeeksAccording to a report, 88.1 million people received a stimulus check wroth $1,200 by April 25th. The first batch was mailed in mid-April, and many people noted they had received...
Read More »Updated: Bitcoin Price Soars To New 2-Month High: But This 2017 Resistance Can Make Some Trouble Before $10,000 (Price Analysis)
As we are getting closer to the halving event, Bitcoin is likely to mark its third consecutive green day, where the primary cryptocurrency had increased more than $1000 over the past four days. As of writing these lines, it seems like $10K will come in a matter of hours.If you had followed our price analysis from yesterday, we had mentioned a symmetrical triangle formation on Bitcoin’s 4-hour chart, and also stated that the triangle is likely to break out in the next few hours.As can be seen...
Read More »Ripple Records 2-Year Low Against Bitcoin But It Still Might Be Far From The Bottom: XRP Price Analysis
XRP saw a 1.5% price increase over the past 24 hours as the coin trades at $0.215.The cryptocurrency is straddling the 100-day EMA as it battles to remain above it.Against Bitcoin, XRP set a fresh 2-year low as it reaches the 2300 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.21, $0.20, $0.192.Resistance: $0.226, $0.235, $0.24.XRP/BTC:Support: 2258 SAT, 2225 SAT, 2220 SAT.Resistance: 2360 SAT, 2400 SAT, 2455 SAT.XRP/USD: Ripple Trapped Between 200-days and 100-days EMAsXRP...
Read More »Mixed Predictions: Bitcoin Price after Halving May Hit $8,000-$6,000 or Even $1,800
The closer Bitcoin halving is, teh more predictions we get about teh BTC price in teh nearest future. Some of them are not very optimistic.Much has been said about the looming Bitcoin halving to hold in four days. The Bitcoin halvening event has kept analysts busy, making predictions as to what would happen to the coin afterward. Many believe the crypto will go bullish after the event analyzing from recent happenings. Bitcoin since last week has continued to jerk forward, making analysts...
Read More »Two Companies Charged $15 Million For Running Crypto And Binary Options Scams
The US Commodity and Futures Exchange Commission (CFTC) has charged the executives of two companies for alleged involvement in scams with cryptocurrencies and binary options. Both fraudulent activities had misleading marketing campaigns claiming to bring quick and significant profits regardless of any price movements.CFTC Charges New ScamsPer the document released earlier this week, two massive fraudulent solicitation schemes occurred between October 2013 and August 2018. The first one...
Read More »BitKassa: Weitere niederländische Bitcoin-Börse schliesst die Pforten
BitKassa: Eine weitere bekannte niederländische Bitcoin-Börse macht dicht. Die niederländische Zentralbank De Nederlandsche Bank (DNB) zieht die Daumenschrauben an und verlangt von Bitcoin-Unternehmen eine Registrierung bis spätestens 18. Mai 2020. Bittr, Bitzeb und jetzt auch BitKassa: Die Liste mit innovativen Bitcoin Startups und Unternehmen, die in den Niederlanden wegen...
Read More »Bitcoin Price Was $0.003 Exactly 10 Years Ago In Its First Days Of Trading
Bitcoin has come a long way since it was first introduced to the world when its pseudonymous creator Satoshi Nakamoto published the whitepaper. In its first days of trading in 2010, BTC had a price of around $0.003.To those who have been in the market long enough, this price seems like that of many altcoins with an ambiguous background. However, at the time of this writing, Bitcoin trades at around $9,300, charting an unprecedented increase in the past decade.Bitcoin Was $0.003 10 Years...
Read More »Cambridge University Launches A Bitcoin Mining Tracking Tool
A designated team at Cambridge University has just released The Bitcoin Mining Map. The digital tool shows the geographical location of Bitcoin hash rate distribution and the countries where it’s concentrated.The Bigger PictureThe tracking tool enables users to locate and keep an eye on the monthly share of the global hash rate of different countries, starting from September 2019. The bitcoin tracker will also provide users with an additional second map consisting of focused, detailed and...
Read More »Libra Association: HSBC-Banker wird CEO
Libra Association Es geht nun doch endlich was mit der von Facebook gegründeten Libra Association. Gemäss einer Medienmitteilung von gestern Mittwoch wird ein hoher HSBC-Banker CEO der Libra Association. Und es ist wahrscheinlich auch kein Zufall, dass Stuart Levey, der neue CEO der Libra Association einen juristischen Background hat. Denn die Libra Association kämpft mit...
Read More »Blockstream 2.0: Update macht Bitcoin Streaming aus dem Weltall 25 mal so schnell
Jetzt können lokale und überteuerte Netzwerke wie VISA und Mastercard einpacken: Jetzt kommt das Bitcoin-Netzwerk per Satellit. Und es ist bezahlbar. Blockstream ist ein Unternehmen, welches sich u.a. zum Ziel gesetzt hat, das Bitcoin-Netzwerk via Satelliten ins Weltall zu verlagern. Damit soll es in Zukunft möglich sein, Bitcoin-Transaktionen überall auf der Welt abzuwickeln,...
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