Bitcoin saw a notable increase in its price yesterday, conquering the $7,000 level, and it did a good job staying above so far. Meanwhile, the futures on legacy markets are also in the green, as news broke out that the Gilead coronavirus drug supposedly shows effectiveness. Bitcoin Price Above $7,000 As Cryptopotato reported yesterday, Bitcoin marked a steady increase upwards of $550 in 90 minutes to surge over $7,000. At the time of this writing, the cryptocurrency is trading just shy of...
Read More »President Trump Appoints Former Bakkt CEO In Emergency Task Force To Reopen U.S. Economy
President Donald Trump appointed the Former CEO of Bakkt and current Senator of Georgia, Kelly Loeffler, to the White House’s committee on reopening the economy. Interestingly, the selection comes only weeks after Loeffler was accused of insider trading following a senators’ meeting regarding the COVID-19 health and economic impact. Loeffler To Help Reopen U.S. Economy Loeffler served as the CEO of the Bitcoin futures trading platform Bakkt before she became a U.S. senator for Georgia....
Read More »Bitcoin Cash Analysis: Bulls Eyeing Upside Break Above $250
Bitcoin cash price started a fresh increase from the $206 weekly low against the US Dollar.The price is up more than 10% and it broke the key $230 resistance area.There was a break above a major bearish trend line with resistance near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $245 and $250 resistance levels.Bitcoin cash price is showing a few bullish signs above $230 against the US Dollar. BCH/USD bulls seem to be...
Read More »#863 FINMA Bewilligungsverfahren Facebook Coin, Purse.io schliesst & Ölfirmen Bitcoin Mining
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 863. Heute sprechen wir über folgende Themen: FINMA beginnt Bewilligungsverfahren für Facebook Coin, Purse.io schliesst die Pforten & Ölfirmen werden in 5 Jahren Bitcoin Mining dominieren. 1.) FINMA beginnt Bewilligungsverfahren für Facebook Coinhttps://www.btc-echo.de/libra-lbr-finma-beginnt-bewilligunsverfahren-fuer-den-facebook-coin/ 2.) Bitcoin-Based Payment Facilitator Purse.io Shuts...
Read More »Hut 8 Is the Latest Mining Company to Suffer from the Coronavirus
The coronavirus has had terrible effects on the cryptocurrency arena, but nothing has suffered the way crypto mining companies have suffered. The latest venture to fall victim to the stifled COVID-battered economy is Hut 8 Mining Group, a crypto mining firm stationed in Canada.Hut 8 Is the Latest Company to Get HitRecently, the company issued a statement detailing some of the concerns it had regarding how to keep its operations steady. Hut 8 says it’s experiencing heavy delays in the delivery...
Read More »Customers of Indacoin Can Now Buy Bitcoin SV with Credit Cards
Bitcoin SV (BSV) has been at the center of controversy since it first arrived in late 2018. Nevertheless, it looks like many crypto providers and exchanges are moving hell and high water to ensure its customers have access to it.Bitcoin SV: It’s Presence GrowsThe latest exchange to offer bitcoin SV comes in the form of Indacoin, which is now allowing users to purchase BSV with a Visa or Mastercard. Indacoin – which is available to customers in more than 170 countries – is also facilitating...
Read More »Institutional Cryptocurrency Custodian BitGo Acquires A Financial Platform To Facilitate Portfolio Management
The digital asset trust and security company, BitGo, announced the acquisition of the comprehensive crypto-native financial platform Lumina. Thus, the firm will expand its business operations to provide institutional digital asset investors additional services for their holdings. BitGo Acquires Lumina Founded in 2013, BitGo is amongst the largest digital asset platforms for institutional investors. Earlier today, the firm announced in a press release its latest expansion by purchasing...
Read More »Crypto-Friendly Andrew Yang Calls For $2,000 Per Month Stimulus Package
Andrew Yang, an American politician, part of the Democratic Party and a former runner for the 2020 US Presidential Elections, voiced his concerns with the current stimulus package that the country rolled out. According to him, the amount sent to people should be higher. Andrew Yang Calls For $2,000 Per Month Stimulus A recent report revealed that the first stimulus package in the US is already underway. Supposedly, 80 million Americans are about to receive a one-time payment of up to $1,200...
Read More »Google Gets Rid of Nearly 50 Malicious Crypto Chrome Apps
In a world where crypto theft appears to be running rampant, Google is taking the steps necessary to ensure digital currency users can keep their money where it belongs… in their own wallets.Google Fights Crypto CrimeGoogle has recently announced the removal of just under 50 separate Chrome extensions from its web store. These extensions posed as legitimate cryptocurrency wallet applications, but in fact contained hacker code that caused all funds and login data stored within them to be...
Read More »Ripple Price Analysis: XRP Closes In Towards $0.20 But Bleeds Against Bitcoin
XRP saw a 3% price increase over the past 24 hours of trading, as the cryptocurrency attempts to break $0.19. XRP penetrated beneath a rising trend line but managed to find strong support at $0.18, which allowed it to rebound. Against Bitcoin, XRP is struggling after meeting the 100-days EMA resistance to trade at 2700 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.171, $0.165.Resistance: $0.191, $0.2, $0.215.XRP/BTC:Support: 2680 SAT, 2650 SAT, 2600 SAT.Resistance: 2710...
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