Think Bitcoin's ready for prime-time trading on a major stock exchange? SEC Chairman Jay Clayton says you're "sorely mistaken." | Source: REUTERS / Aaron P. Bernstein U.S. Securities and Exchange Chairman Jay Clayton just delivered a rebuke to cryptocurrency backers, alleging that Bitcoin is unlikely to trade on a major US exchange until it's much better regulated....
Read More »Deutschland: Immer mehr Deutsche wandern aus
Bald leere Gassen in Deutschland? Foto: Rothenburg ob der Tauber, Dutschland CC0 Gemeinfrei via Unsplash Immer mehr Deutsche wandern aus. So zumindest steht es in einem zugegeben etwas polemischen Bericht auf Cicero.de: Die Elite sieht rot! Jedes Jahr eine Kleinstadt wie Würzburg. Ausgewandert. Eine Statistik auf Statista bestätigt diese These. Die Zahl der Deutschen Auswanderer hat sich in den letzten 3 Jahren mehr als verdoppelt....
Read More »Deutschland: Bundesregierung plant Blockchain-Gesellschaft
Stenografen dokumentieren eine Rede der Bundeskanzlerin Angela Merkel im Deutschen Bundestag. Foto: CC 3.0 by Tobias Koch, Wikipedia Die Bundesregierung weckt den Anschein, dass Deutschland Vorreiter in Sachen Blockchain und Kryptowährungen werden soll. T3N berichtet, dass es noch im Jahr 2019 Blockchain-Wertpapiere geben soll. Das Bundeskabinett soll die in Berlin von der...
Read More »Bitcoin Price Loses $500 in Minutes to Plunge Under $10K
The past few days have seen the price of Bitcoin hovering above the 20 Moving Average (MA). Following an entire week of consolidation in a tight channel, the price of Bitcoin finally made a move on September 18. Many commentators predicted a downside move and they seem to have been correct all along as BTC lost 5% in an hour.The latest drop has made the crypto to plunge below the psychological $10,000 level to settle in the mid-$9,000 zone. The drop made the token to draw nearer to the 20...
Read More »Bitcoin Price & Technical Analysis: BTC Shows No Enthusiasm
Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Launch of the BTC futures postponed again.The BTC price dropped to zero due to a technical problem.On W1 of the Bitcoin we can see a prolongued correction. The pattern still looks like a Triangle but is promising to turn into a descending channel. A breakaway of the resistance line may signal the end of the correction and the start of a new wave of growth. Securing above $11350.00 may confirm further...
Read More »Bitcoin fällt wieder unter die Marke von 10K
Der Widerstand war zu groß. Der Markt bewegt sich wieder in eine Bärenphase, wobei jedoch noch nicht klar ist, ob der Support hält oder ebenfalls in den nächsten Stunden die Segel streichen muss. Insgesamt verlor der Markt satte 10 Milliarden US-Dollar in weniger als 24 Stunden.Bitcoin News: Bitcoin fällt wieder unter die Marke von 10KSelbst eine kleine Erholung des Kurses um 300 US-Dollar konnte den Bitcoinkurs nicht wieder über die Marke von 10K heben. Weniger als 9.600 US-Dollar war der...
Read More »Binance to Launch OTC Trading Platform Next Month Supporting Chinese Yuan
The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...
Read More »Sub-$10,000 Bitcoin Price Spiral Triggers $150 Million BitMEX Liquidation
In a move that wasn't entirely unexpected, the Bitcoin price has plunged below $10,000 in a breakdown that started around 1 PM UTC this morning. The quick dump liquidated approximately $150 million in long positions on BitMEX. Everyone's Bitcoin Price Triangle To say that this morning's dump was not unexpected is to understate the current situation. Nearly every technical analyst with a TradingView account has drawn the same (or similar) descending triangle as the one reproduced below....
Read More »Did Crypto Bulls Celebrate Too Early? Bitcoin Just Plunged by $600
The cryptocurrency market was filled with positivity throughout the past couple of days as all of the major coins were trading in the green. A lot of them scored double-digit gains, causing many to suspect that we had entered a new altcoin season. However, this notion was quickly dismissed, as today the entire market is bleeding red. Bitcoin plunged around $600 in a massive red candle, bringing all altcoins down with it.Bitcoin Plunges $600 in an InstantBitcoin has seen a steep decline over...
Read More »North Korea Jumps The Cryptocurrency Shark By Announcing Its Own Bitcoin
In the world of cryptocurrency and bitcoins, which I consider to be a bubble worse than the Dutch tulip craze of the 1600s, there could only be one thing worse. That would be saying something because as I've argued repeatedly here at CCN, bitcoin is vapor. There is nothing to back it, it isn't money, there is no rhyme or reason for the price that it trades at in the market, and is nothing more than gambling in a casino that has worse odds than Las Vegas. While supporters of bitcoin scream...
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