A report from survey data firm Visual Objects suggests that bitcoin isn’t being used for black market purchases as much as everyone thinks.Visual Objects: BTC Isn’t As Bad As You ThoughtFor many people, bitcoin and crime go hand in hand. Even regulators and government officials seem to think this is true. Bitcoin, allegedly, offers the anonymity users need to purchase items like drugs, guns and other illicit goods without getting caught.However, this has become something of a stereotype over...
Read More »The Bitcoin Halving Will Be Preceded by BCH and BSV Halvings
Analysts are predicting that April of 2020 could be a huge month for bitcoin and all its “offshoots.”Will the Halving Help or Hinder Bitcoin?Bitcoin is set to undergo a halving event in May, which up to this point, was slated to stretch the currency’s price beyond the stars and give it immeasurable power. However, as of late, the currency’s price appears to be gasping for air thanks in large part to the coronavirus-related panic that has brought down the world’s financial markets these past...
Read More »Bitcoin SV Price Analysis: Bitcoin SV Stable Above $200 Following Its Halving
Despite weak buying pressure across trading pairs, Bitcoin SV is still up by 2.8% at the moment following its halving.A break above the previous high is expected to keep buyers on track.Nonetheless, Bitcoin SV has reactivated a short-term bullish trend following recent sudden price movement.BSV/USD: BSV Aiming More Gains But Price Is WeakKey Resistance Levels: $250, $260Key Support Levels: $200, $185BSV/USD. Source: TradingViewAs most top altcoins have seen an interesting gain since the...
Read More »Wunderbit Trading – FTX users can now copy trade and use bots
[PRESS RELEASE – Please read disclaimer]9th April 2020 – Wunderbit trading is a team of dedicated professionals, who value their users and continuously work on the service improvement for the best user experience.Wunderbit Trading is a platform that allows you to start trading and investing in cryptocurrency seamlessly. Copy trade the best crypto traders with a transparent track record, trade yourself using the advanced trading terminal or create a fully automated trading bot using...
Read More »YouTube Has Done It Again: The Crypto Purge Worsens As Two Popular Channels Are Banned
The most widely used video-sharing platform, YouTube, has resumed the Crypto Purge with one significant difference. While some cryptocurrency content creators are again receiving warnings, others had their whole channels terminated.Same Thing Different MonthDecember 2019 saw the birth of what later became known as the YouTube Crypto Purge. The Google-owned video-sharing platform started issuing warnings and removing videos of numerous prominent cryptocurrency content creators.Since then, the...
Read More »Ethereum Price Analysis: ETH Struggling At 100-Days EMA, $170 Presents A Challenge
Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170.It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days.Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC.Key Support & Resistance LevelsETH/USD:Support: $165, $150, $145.Resistance: $175, $180, $188.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTCETH/USD: Ethereum Struggles At...
Read More »Bitcoin Is Property, New Zealand Court Rules In Cryptopia’s Case
While reviewing the upcoming distribution of digital assets left in Cryptopia storage, Judge David Gendall at the High Court in New Zealand classified Bitcoin and all cryptocurrencies as “properties.” The decision means that users of the exchange are allowed to receive the remaining funds.New Zealand Court: Bitcoin Is PropertyCryptopia was a New Zealand-based cryptocurrency exchange with a significant number of users. In January 2019, however, the platform suffered two back-to-back hacks. The...
Read More »YouTube terminiert Crypto Channel
Offenbar hat YouTube seine Maßnahmen gegen Cryptocoins weiter verschärft. Einer der größten und prominentesten verbliebenen Crypto-Channel auf der Plattform wurde nun komplett terminiert. Zensiert YouTube nun alle Inhalte, die mit Cryptocoins in Verbindung stehen?Crypto News: YouTube terminiert Crypto ChannelDer betroffene Kanal hieß Crypto Crow und gehörte Jason Appleton. Dieser hatte eine große Community von tausenden Abonnenten mit seinem Kanal kreiert. Dieser Kanal wurde nun ohne jede...
Read More »Bitcoin Price Analysis: After 2-Days of Stability, The Next Move Is Imminent. The Calm Before The Storm?
So far, April had been a blessing for Bitcoin. The primary cryptocurrency was trading slightly around the $6,000 mark on April 1st, but since then, there was only one way.There is only one disadvantage in this short-term positive trend: Bitcoin price is back to the recent positive correlation with the global stock markets. Satoshi’s plan was different – if Bitcoin wants to succeed in the long-term, it needs to stand by itself, uncorrelated to equity markets.Two days ago, on Tuesday, the...
Read More »EOS Price Analysis: Break Above $3.00 Is Looming
EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...
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