Bitcoin (BTC)

By CCN.com: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by 10 percent.Many investors know that the entry of Bakkt in the cryptocurrency space is bullish for the long-term health of bitcoin. However, very few understand the reasons why. If you’re not one of them,...

Der Ethereum Kurs entwickelte sich zuletzt mit dem Gesamtmarkt. Der Drop des BTC verursachte eine allgemeine Abwärtsbewegung, die auch den ETH erfasste. Seit Juli ging es stetig abwärts und vom Peak Anfang 2018 ist Ethereum sehr weit entfernt.Ethereum News: Ethereum Kurs in der AnalyseAktuell liegt der Kurs bei ungefähr 180 US-Dollar und damit mehr als 100 US-Dollar unter dem Höchststand aus dem letzten Monat. Im Vergleich zu 2018 ist der Kurs sogar auf etwa ein Siebtel zusammengeschrumpft –...

By CCN.com: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of Turks were crypto positive, while 36% said they would be happy to be paid in bitcoin. Meanwhile, Austrians were the most skeptical, with only 13% being pro-crypto.These sentiments make perfect sense given Turkey’s recent economic struggles.Turkey’s Rising Industrial WoesFresh off the collapse of the lira in 2018, Turkey is still trying to find its...

By CCN.com: Bitcoin raged back into a bull market in 2019, leaving the rest of the cryptocurrency market in the dust.  While bitcoin is up 178 percent this year alone, Ripple (XRP) and Stellar (XLM), are down more than 15 percent. Despite desperate hopes of an ‘altseason’ surge, most altcoins remain stagnant while bitcoin’s dominance has gone from strength to strength, currently sitting at 71 percent according to Messari. One chart, created by on-chain analyst Willy Woo, perfectly...

By CCN.com: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Zcash has declined by nearly 15% in the last seven days | Source: TradingViewAmong the leading 30 altcoins by market cap, Zcash’s decline is only eclipsed by...

The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency’s burgeoning inverse correlation with the S&P 500 came back to bite investors. Bitcoin Price Careens Below $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more or less languished since the Saturday sell-off that followed BTC’s brief foray above $12,000 last week. The dam broke around 10 am ET, and the bitcoin price...

Crypto hedge fund executive, Murad Mahmudov this morning added his voice to the growing song of experts calling for $100k a bitcoin. The CIO of Adaptive Capital weighed in on the technical debate observing that the current choppy price action is most likely just a “steady accumulation” phase. At first glance this looks like a weak chop for the next week or so, but my intuition tells me there is steady accumulation happening at these levels. Don't try to outsmart yourself on short...

Crisis in Argentina grips the headlines today. The Argentine peso (ARS) collapsed 30 percent in a matter of minutes yesterday while the stock market caved 48 percent before recovering. Bitcoiners quickly jumped on the narrative to promote the world’s dominant cryptocurrency. Many claimed that bitcoin was “surging” in Argentina while others encouraged locals to “find safety” in bitcoin. Bitcoin is surging in Argentina, trading at ~$12,300 on @buenbit, a premium versus ~$11,400 on...

Earlier this year, Kevin O’Leary said that Bitcoin is “useless,” just the latest in a series of attacks launched at the suddenly-resurgent cryptocurrency. At one point, the “Shark Tank”  investor said that Bitcoin has no real value because governments won’t let him pay taxes with it. Now, people on social media have surfaced a six-year-old video of O’Leary defending Bitcoin on Canadian news channel CBC. Kevin O’Leary in 2013: Bitcoin Is “Here To Stay” Whether or not a currency is...

Early on Monday, CCN.com brought to light the misadventures of an insidious scammer pretending to be none other than the Bitcoin renegade himself, John McAfee. McAfee: Twitter Never Even Responds to My Crypto Scam Reports After we tipped off McAfee and his wife, Janice, to the fraudulent article in question, John responded by sharing his frustration with an issue that continues to plague the crypto community at large: Twitter bitcoin scams. Speaking with CCN.com, McAfee said: “This...