Bitcoin SV war bisher der Durchstarter 2020. Doch dem BSV zum Trotz ist der BTC, der klassische Bitcoin, weiterhin der beliebteste Cryptocoin unter den Investoren. Shrimpy liefert uns eine Analyse von Portfolios, in denen wir mindestens einen Cryptocoin finden können – 72,4% der Portfolios setzen auf Bitcoin.Bitcoin News: Bitcoin bleibt beliebtester Cryptocoin für InvestorenUngefähr drei Viertel der Investoren, die Cryptocoins halten, investieren also in den BTC. Dahinter folgen Ether mit...
Read More »Does the Lunar New Year Spell Doom for Bitcoin?
Analysts are warning bitcoin traders that volatility may strike this coming week.Is Bitcoin About to Drop Further?The weekend marks the Lunar New Year in China, and celebrations are likely to occur amongst the nation’s people. Typically, this marks a period of heavy bitcoin and cryptocurrency use amongst people returning home for the holiday, but this year is a little different.China has been marred by a coronavirus outbreak for the past several days. Allegedly passed on from snakes, the...
Read More »The Dark Side of Becoming the ‘Next Bitcoin’
The CEO of altcoin project uPlexa revealed to CCN.com the obstacles posed by a greedy and corrupt cryptocurrency space. Centralized exchanges have become the banks of the cryptocurrency world. If you’re not partnered with the top 1%, it’s going to be a very long journey for your altcoin. Your favorite altcoin’s path to becoming the “next Bitcoin” is a lot more treacherous than you think. The CEO of uPlexa (UPX) told CCN.com about the financial and ethical minefield...
Read More »Ripple and Coinbase Executives to Head Up New Market Integrity Working Group
The Blockchain Association which represents some of the biggest names in the cryptocurrency industry announced the launch of a new Market Integrity Working Group. The group is tasked with the responsibility of ensuring fairness, equity and accountability in the crypto space. It will be co-chaired by senior executives of both the well-known blockchain firm Ripple and the Coinbase crypto exchange.The new group will be headed by Rachel Nelson, the senior director and associate general at...
Read More »Report: More Cryptocurrency Exchanges Hacked In 2019 But Less Money Stolen
The popular blockchain analytics company, ChainAnalysis, recently posted a review of how 2019 related to previous years in terms of cryptocurrency exchange hacks. The data reveals an increased number of attacks, but less stolen money compared to 2018.More Cryptocurrency Hacks In 2019The report informs that hackers attempted the most amount of attacks against cryptocurrency exchanges last year. Eleven such efforts were made in 2019, while for comparison, there were only six in 2018. As per...
Read More »Binance Coin Price Analysis: BNB Tests Support At 100EMA As Bulls Struggle To Keep Control
Binance Coin has seen an impressive 27.5% price hike this month, bringing it up to $16.83Against BTC, BNB rebounded from support at 0.00179 BTC at the start of 2020 to climb to the current 0.002 BTC level.Binance Coin has dropped a small 5% this week after meeting resistance at the 100-days EMA and rolling over.Key Support & Resistance LevelsBNB/USDSupport: $16.80, $16.00, $15.60, $15.28.Resistance:$17.30, $18.09, $18.50, $19.71.BNB/BTC:Support: 0.00198 BTC, 0.00195 BTC, 0.00191...
Read More »Ethereum Price Analysis: ETH Testing Critical Support Below $160, Will It Hold?
Ethereum saw a decline of about 7%, bringing the price for the coin beneath $160.Against BTC, ETH dropped lower but managed to find support at 0.018 BTC to rebound back above 0.019 BTC.Ethereum is now testing support at $159 and will likely head toward $146 if it collapses beneath.Key Support & Resistance LevelsETH/USDSupport: $158, $152, $145, $133.50.Resistance: $172, $175, $180, $186, $194.ETH/BTC:Support: 0.0188 BTC, 0.0185 BTC, 0.0181 BTC, 0.0171 BTC.Resistance: 0.0195 BTC, 0.020...
Read More »Regulating Bitcoin: WEF2020 Announced A Global Consortium For Cryptocurrency Governance
The World Economic Forum (WEF) in Davos, Switzerland, ended yesterday with a significant mark on the cryptocurrency market. On the last day, WEF announced the first global consortium focused on designing a framework for the governance of digital currencies, including stablecoins.Global Consortium For Digital Currency GovernanceThe World Economic Forum for 2020 took place at Davos the past week, and cryptocurrencies received a lot of attention. Yesterday, during its last day, the Forum...
Read More »We Need More ‘Peter Schiffs’ In The Cryptocurrency Ecosystem, Explains CZ Binance
Even though Peter Schiff’s lost bitcoins saga has been resolved, for now, it continues to attract the attention of the cryptocurrency community.The CEO of Binance, Changpeng Zhao (CZ), recently noted that Schiff helps Bitcoin as his negativism will push people to do the opposite of what Schiff trying to express.CZ On Schiff’s Lost Bitcoin DramaSchiff’s recent issues with his lost bitcoins became viral in social media, where the cryptocurrency community reacted quickly by implying that his...
Read More »Ticking Bomb 2020: Growing Number of Banks Are Introducing Negative Interest Rates
Negative rates are becoming exceedingly popular among central and local banks around the world, and the trend extends in Germany with the start of 2020. Amid this, Bitcoin’s pre-programmed inflation rate raises the question if it could serve as a full-on alternative.Simply put, having negative rates means that instead of receiving interest income on cash deposits, the banking institutions charge a fee for storing the money. The general idea is to incentivize banks to lend more funds freely,...
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