Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...
Read More »Winklevoss Twins to Wall Street Execs: Forget Gold, Invest in BTC
The Winklevoss Twins are warning Wall Street executives that the time to stock up on bitcoin is now.The Winklevoss Twins to Wall Street: Get It Together!The founders of the Gemini Exchange in New York – one of the first cryptocurrency trading platforms to garner a BitLicense – are telling Wall Street players that they need to stop putting so much emphasis on gold, as bitcoin is likely to “trump” gold in the coming future.Tyler explains:If you have gold, start building up bitcoin reserves. We...
Read More »Crypto Bull Suggests $30,000+ for BTC Post Halving
As we all know by now, the bitcoin halving is scheduled to arrive this coming May, and many analysts are arguing that the event will likely cause the currency to jump in price.The Halving Is On Its WayOne analyst on Twitter – simply going by the name “Crypto Bull” alleges that the currency could spike as high as $33,000 in July thanks to the halving. In a recent social media post, Crypto Bull explains:Bitcoin ROI from first halving to second halving: 5,333 percent. We are currently up 1,338...
Read More »‘Independent’ Stock Market Researcher Fundstrat Shills Paid Crypto ‘Report’
Stock market research firm Fundstrat published a bullish 71-page report promoting the IOTA cryptocurrency to its clients. Something doesn’t add up when you compare this to a public disclosure found on its retail portal. The IOTA project already has a shifty reputation, and Fundstrat isn’t doing itself any favors. The stock market research firm founded by notorious bitcoin price prediction “expert” Tom Lee has been spotted promoting the controversial IOTA...
Read More »Could Bitcoin Be Replaced By a Bank-Based Digital Currency?
There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...
Read More »Bitcoin SV stürzt ab
Der große Gewinner des jungen Jahres war bisher Bitcoin SV (BSV). Hinter dem Cryptocoin steht Craig Wright, der derzeit in einem Gerichtsverfahren seine vermeintliche Identität als Satoshi Nakamoto zu beweisen versucht. Nun gab es eine neue Entwicklung, die den BSV abstürzen ließ.Crypto News: Bitcoin SV stürzt abAm Ende reichte es für den BSV sogar zu Platz 4 bei den wertvollsten Cryptocoins. Auslöser war das Gerücht, dass Wright seine Identität als Satoshi durch neue Dokumente in einem...
Read More »Ethereum Price Analysis: ETH Breaks Above The Crucial MA-200, Soon To Reach $200?
Ethereum saw an incredible 21% price surge this week, bringing the price for the coin up toward $175.Against BTC, ETH climbed further higher to meet resistance at the 100-days EMA.Ethereum has now turned bullish after breaking above the December 2019 high at $152.Key Support & Resistance LevelsETH/USDSupport: $165, $155, $145, $133.50.Resistance: $175, $180, $186, $194.ETH/BTC:Support: 0.019 BTC, 0.0185 BTC, 0.0171 BTC.Resistance: 0.0196 BTC, 0.020 BTC, 0.0204 BTC.ETH/USD: ETH Shoots...
Read More »Bitcoin SV Drops 15% As New Evidence Confirms CSW Hasn’t Got The 1.1M BTC Private Keys
Craig Wright was supposed to receive the private keys needed to access over one million bitcoins at the start of this, but it appears that he didn’t. New information was disclosed earlier today, that firmly denies the rumors but he might still receive them in the near future.No Private Keys For WrightAs Cryptopotato reported in December last year, Craig Wright was supposed to receive the private keys for 1.1 million bitcoins from a bonded courier. The community speculated if this could have a...
Read More »36% Of Small U.S. Businesses Accept Cryptocurrency Payments, According To A Survey
The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method.Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an HSB survey conducted by Zodgy Analytics in the U.S. that shows interesting data regarding small and mid-sized businesses that accept cryptocurrency...
Read More »Bitcoin Price Analysis: This Is The First Major Test Of 2020 In The Road To $10,000 BTC
Over the past two days, we saw Bitcoin reaching the $9000 zone, quickly getting rejected, and now Bitcoin is once again a touch away from 2020 high.Two bullish signs to keep an eye on is the fact that Bitcoin corrected accurately into the 38.2% Fibonacci retracement level – which is considered a healthy correction of a rising trend. The second fact is the fact that the coin is forming an ascending channel (marked on the following 4-hour chart).On the other hand, this channel can easily...
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