Bitcoin (BTC)

In general, the fund that made a bet on different unknown coins is experiencing major troubles. The long-awaited “altcoin season” didn’t come.ICO Funds Related to Shitcoins are Receiving  the HeatAccording to the sources, ICO designated portfolios are losing most of the profits. Many of the funds keep the “illiquid, pre-launched” tokens which will only be launched at the end of 2019. However, this does not add those tokens any credibility.Instead, we see that privacy-oriented PoW coins are...

Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 765. Heute sprechen wir über folgende Themen: Bafin zum neuen Bitcoin Gesetz, Bargeld ade – EZB plant digitale Währung & Bakkt Chefin Kelly Loeffler wird zur US-Senatorin ernannt [embedded content] 1.) BaFin zum neuen Bitcoin Gesetz: Unternehmen können bald Antrag stellenhttps://cryptomonday.de/bafin-zum-neuen-bitcoin-gesetz-unternehmen-koennen-bald-antrag-stellen/ 2.) Die EZB plant eine digitale Währung – Bargeld wird langsam...

United States Governor from Georgia Brian Kemp on Wednesday officially appointed Bakkt CEO Kelly Loeffler to the U.S. Senate, where she will succeed current Senator Johnny Isakson.Some media already reported on Friday that Kemp was considering Loeffler and today it is confirmed that she will take office on January 1, 2020. Even though Isakson’s term ends in January 2023, Loeffler will have to run for election next year if she plans to serve past January 2021.Loeffler, a Republican, was...

Bitcoin processed $8.9 billion in a single hour, highest in its history.It shows how BTC can grow as an established store of value.VC investors foresee BTC evolving into a major asset due to its ability to transfer value.In a single hour, the Bitcoin network processed $8.9 billion in transactions. While most of it was change in addresses, it showed a glimpse of how BTC could perform as an established medium of exchange in the long-term. According to Glassnode co-founder Rafael Schultze-Kraft,...

Early Wednesday morning, 43,564 BTC – worth more than $313 million at current prices – was withdrawn from Bittrex to an unknown wallet. To put that in perspective, it’s almost as much as the daily trading volume of Bitfinex and Coinbase combined.$313 Million Sent only for $1: Try That With FiatWhat is remarkable about this particular transaction – aside from the size – is that the fee to transfer that much Bitcoin was only $1. You can’t even buy a cup of decent coffee for $1 anymore, let...

A bank in South Africa is introducing new regulations regarding how people can – and should – hold cryptocurrency.South Africa: The New Crypto Hotspot?The South Africa Reserve Bank (SARB) says that the new rules will become applicable during the early months of 2020 following a consultation period that has lasted nearly five years. The country has been virtually lost regarding how cryptocurrencies should be monitored and governed and has been seeking advice and outside counsel from digital...

A Danish bank known as Nordea Bank has taken some flak for saying that its employees are not allowed to hold bitcoin or other cryptocurrencies. After a long legal battle, the court has ruled in favor of the institution.Nordea Bank Wins Its CaseAt first glance, the entire issue appears unconstitutional. People should be allowed to invest as they deem fit and hold whatever assets they want without experiencing interference from their employers or outside parties.However, the court ruling over...

Bitcoin smart contracting platform RSK has announced details of a Grants Program to encourage decentralized application (dApp) development. A fund of $200,000 will be made available, with developers invited to submit their ideas for consideration.Big Ambitions, Major IncentivesThe first smart contract platform secured by the Bitcoin network, RSK, enables developers to import, create, and deploy EVM based dApps. The RSK team will be hoping the $200k carrot it has proffered will tempt intrepid...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...