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Binance Coin (BNB) Back To Top 5 After 9% Weekly Gains: Bitcoin Price Stagnant (Sunday’s Market Watch)

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600.Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap.Bitcoin Remains In A Tight RangeFollowing the recent price declines from Friday and early Saturday, Bitcoin calmed down. Since yesterday, BTC dipped to a low of around $10,500 and jumped towards the intraday high of $10,600.In the past 24 hours, BTC has...

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Bitcoin Still Holds Crucial Support At $10.5K, But Eyes On The White House (BTC Price Analysis)

For the past month, BTC’s volatility had decreased compared to the previous months. The primary cryptocurrency had mainly traded inside a $1K range between $10,000 and $11,000. Over the past week, Bitcoin reached the upper boundary of that range at $11K; however, the news coming from BitMEX charged by CFTC, along with President Trump’s hospitalization, sent Bitcoin to $10.4K last Thursday, which marked the weekly lowest price. So far, this weekend had been slightly positive,...

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Analysts See Bitcoin Dropping Further This Month

Many analysts and industry experts are predicting that bitcoin will likely fall back into the low $10,000 range following its recent drop of nearly $200.Bitcoin Keeps Heading SouthAs it stands, the currency has failed over and over this week to reach the $11,000 mark. The currency has been struggling to reach this peak over the past 14 days and wants to repeatedly waver between $10,500 and $10,800. Today’s drop to around $10,536 is nearly $200 less than where it stood just 24 hours ago, and...

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Atari Is Set to Release Its Own Digital Currency

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

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Survey: Over 70% Have Spent Crypto For Goods And Services

Despite numerous reports indicating that Bitcoin HODLers are on the rise, a recent survey revealed the opposite. About 70% of participants that own digital assets answered that they had used them to make purchases such as food, clothing, and even education.Crypto Users Actually Spend Their HoldingsBlockCard partnered with Bitcoin Market Journal to survey over 35,000 cryptocurrency investors if they use their coins for payments. Some of the questions included if they had spent any digital...

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Die europäische Zentralbank intensiviert die Arbeit am digitalen Euro

Während die Arbeiten an der Bitcoin-Regulierung laufen, entwickelt die EZB auch einen eigenen Cryptocoin. Die Testphase wird in einer neuen Ankündigung bereits in Aussicht gestellt und soll „demnächst“ beginnen. Doch wer ist eigentlich die Zielgruppe des Euro-Cryptocoins?Crypto News: Die europäische Zentralbank intensiviert die Arbeit am digitalen EuroDie Taskforce des Eurosystems umfasst Experten von 19 nationalen Zentralbanken. Die EZB sieht im Erfolg des Cryptomarktes eine Chance, im...

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Crypto Exchange BitMEX Is Accused of Money Laundering

Criminal charges have been filed against the owners of BitMEX, arguably one of the largest and most popular cryptocurrency exchanges in the world. The company has been accused of engaging in illegal transaction activity and of money laundering.BitMEX Owners Experience IndictmentsBitMEX chief executive Arthur Hayes was formally charged on Thursday by prosecutors in the greater metropolitan area of New York City. In addition, three of the platform’s other owners – including Benjamin Delo,...

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KuCoin CEO: We Have Found Suspects Of The Hack With Substantial Proof

After losing more than $250 million worth of cryptocurrencies in a security incident on September 26, KuCoin may have found new evidence to identify those responsible for the hack.It’s been exactly one week since Singapore-based cryptocurrency exchange KuCoin suffered what would be the third-largest hack in the history of crypto.And now, the exchange claims that after a thorough investigation, it has found the suspects of the siphoned $280 million with “substantial proof at hand.”KuCoin CEO...

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S2F Model: 35% Think Bitcoin Won’t Reach $55K Target by 2021

According to a recent poll by the creator of the popular Bitcoin stock-to-flow model, the majority of participants believe that BTC’s price will either hit $55,000 or stay below it by the end of 2021.Backstory: Bitcoin Stock-To-Flow Model(s)A cryptocurrency analyst going by the Twitter handle PlanB revealed the first version of the BTC stock-to-flow model a few years back. He described the stock as the size of existing reserves (or stockpiles) and the flow – the annual supply of bitcoins on...

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World Regulators Worried About Cryptocurrencies Used In Illegal Activities

A recent study compiled with government authorities and regulators concluded that they still view the cryptocurrency industry as a significant risk source. Those establishments raised concerns regarding the field’s self-regulation and the number of illegal activities funded by digital assets.Unsurprising: Regulators Worried About Crypto RegulationsThe UK’s oldest defense and security think tank, the Royal United Service Institute (RUSI), published the study dubbed Cryptocurrency Risk &...

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