Bitcoin (BTC)

Delphi Digital has issued a new report suggesting why the bitcoin price could potentially spike to new heights over the coming months. At the same time, the report also acknowledges some of the bearish trends that could possibly take precedence. If this were to occur, bitcoin could ultimately fall to new lows.Delphi Digital Is Split When It Comes to BTCAt press time, everyone’s favorite cryptocurrency is trading for over $8,200, thereby showing slight improvement over the past few days. The...

Bitcoin is down by over 40% from the 2019 high of $13,880. Any other asset plunging by 20% or more would have been in a bear market. But not the king of cryptocurrencies. Bitcoin has retraced by more than 40% in previous bull runs and many market participants are comfortable holding the cryptocurrency. Trader Mayne believes bitcoin will quickly bounce back. | Source: TwitterTo prove our point, we asked experts what are their year-end target for the top cryptocurrency. We were surprised to...

Amid the escalating chaos of the anti-government protests in Hong Kong, bitcoin’s trading volume has hit an all-time high on peer to peer exchange, LocalBitcoins. Residents of Hong Kong are still staggering from what was an exceptionally violent week of protests. The outrage over the now- withdrawn extradition bill has boiled over into issues such as income disparity, and democratic prerogative. Yesterday, the protests reached a fever pitch, as police switched rubber bottles in exchange for...

The political turmoil in Hong Kong continued on October 1st, the 70th anniversary of the People’s Republic of China. The protests have continued even though previous proposals permitting extradition to mainland China were abandoned in June. Amid all this, Bitcoin’s volume on P2P trading platform LocalBitcoins surged to an all-time high in the past week.Bitcoin’s Trading Volume Reaches All-Time HighThe cryptocurrency boom of late 2017 and early 2018 delivered immense Bitcoin trading volume...

Photo: Broadridge / LinkedInBroadridge Financial Solutions, a United States-based corporate services company said on Tuesday they are ready to add cryptocurrencies and exchange-traded derivatives capabilities to their offerings. With the acquisition of Shadow Financial Systems, Inc., this service provider that is a famous supplier for public companies that provides them with proxy statements, annual reports and shareholder communications solutions, such as virtual annual meetings – is...

One of Germany’s biggest banks, Bayern LB, has just published a report where it pitched Bitcoin against gold, with a very bullish conclusion. According to the Munich-based bank, Bitcoin price will hit $90,000 by 2020, more than 4 times its current all-time high and per the report, the bank believes that Bitcoin will do much better than gold, especially after the upcoming halving next year.In the report titled “Is Bitcoin outshining gold?”, Bayern LB considers the stock-to-flow (SF) ratio. The...

Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, a rating agency would attempt such a move, the rating firm already has its hands in the cryptocurrency pie as it has been working on building models that provide accurate methods of rating blockchain-based securities.This move is also an indication that the firm...

In what seems like a first for the global cryptocurrency world, six Japanese cryptocurrency heavyweights have come together to create what is now known as the “Japanese Security Token Association”. The founding members include Monex Inc, Rakuten Securities, Nomura Securities, SBI Securities, Daiwa Securities, and Kabu.com Securities.Headquartered in Tokyo, the new self-regulating organization will work towards seeing that corporate bodies raising finance using the STO model will adhere to...

Bitcoin price is currently consolidating losses above the $7,600 and $7,800 levels against the US Dollar.The price is facing a lot of hurdles near the $8,500 and $8,800 levels on the upside.There are two key bearish trend lines forming with resistance near $8,420 and $8,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle in clearing the $8,420 and $8,500 resistance levels in the near term.Bitcoin price is trading in a bearish zone below $9,000...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 719. Heute geht’s um folgende Themen: Ripple gibt 1 Milliarde XRP frei, WEG Bank und Salamantex geben Zusammenarbeit bekannt & Bayerische Landesbank prognostiziert Bitcoin-Kurs von 90.000 US-Dollar. 1.) Ripple gibt 1 Milliarde XRP frei und verkauft 60 Millionen XRP via OTChttps://cryptomonday.de/ripple-gibt-1-milliarde-xrp-frei-und-verkauft-60-millionen-xrp-via-otc/ 2.) Bezahlen mit Bitcoin: WEG Bank und...