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Bitcoin Nails The $10K Mark As Altcoins Keep Bleeding To Death: The Crypto Weekly Market Update

The past couple of months have been nothing but a wild ride for Bitcoin. In the middle of March, when the coronavirus started to spread in the Western World, and markets reacted swiftly, BTC lost more than 40% and tumbled to $3,600. Now, less than two months later, the price is not only fully recovered but also touched $10,000 for the first time since February.A lot of experts thought that the recovery from the March lows would be prolonged and slow, but the fact of the matter is that Bitcoin...

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0x (ZRX) Skyrockets 150% Following Weekly Stake Payouts and Name-check By Vitalik

0x (ZRX) gained 143% against the dollar leading into Friday, May 8. The price surge comes after announcing weekly staking payouts, and potentially getting a fortuitous ‘Ethereum rub’ from Vitalik Buterin.Notably, on May 7, the 0x community voted in favor of a proposal that would cut the regularity of staking payouts from 10 days to 7 days. 0x users who opt to become liquidity providers will now receive payouts weekly.Meanwhile, Ethereum creator Vitalik Buterin mentioned 0x as “one of the...

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The Bitcoin Halving Is Like a New Year’s Eve Party

The upcoming bitcoin halving is like a New Year’s Eve celebration for most crypto enthusiasts… Literally.The Bitcoin Halving Is a Big EventApparently, there will be a countdown that starts on May 11 – the day before the event is set to occur – and then things end just after midnight, as by then, the halving will have taken place and block rewards will have been reduced from the present 12.5 BTC to 6.25.Whether people engaged in the countdown wear party hats and drink champagne is up for...

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Crypto Price Analysis & Overview May 8th: Bitcoin, Ethereum, Ripple, Monero, and Tron

BitcoinBitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level.Looking ahead, if the buyers break above $10,000, resistance is located at $10,226 (1.618 Fib Extension) and $10,430 (2020 high). Above this, resistance is located at $10,810,...

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US Cryptocurrency Investor Files $71.4 Million Lawsuit Against A Teenager Over Alleged SIM Swap

An 18-year old boy is accused of stealing $24 million in cryptocurrencies. An advisor in blockchain companies claims that the teenager along with his crew hacked his phone to conduct the theft.A Cybercrime RaidLast Thursday in New York, Michael Terpin, founder and chief executive officer of Transform Group (a San Juan, Puerto Rico-based blockchain company) sued now 18-years old Ellis Pinsky for a cyber heist. Per the accusations, Pinsky and his team of hackers targetted him in 2018 (when...

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Stake.com Joins Forces With The TT Cup

[PRESS RELEASE]Stake.com has proudly announced that they are now the official partner and sponsor of the TT Cup – the most competitive and highest quality Table Tennis tournament currently being held during these times of global uncertainty.Stake is one of the biggest crypto casinos and sportsbooks in the Bitcoin space. Their recent venture into the sports betting market is taking the industry by storm.This also leads the charge of crypto companies heading into the sports sponsorship market,...

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Bitcoin kaufen? Erst diese Tipps lesen!

Es kann sein, dass in der Bitcoin-Welt bald wieder FOMO herrscht. FOMO steht als Abkürzung für „Fear of missing out“. Zu Deutsch ist damit die Angst, etwas zu verpassen, gemeint. Vor allem wenn der Bitcoin-Preis wieder mal durch die Decke geht, kann dies zu FOMO-Entscheidungen führen. FOMO kann allerdings gerade bei Investitionen in Kryptowährungen zu impulsiven, unüberlegten Entscheidungen führen. Lassen Sie sich nicht von FOMO leiten. Lesen Sie vor einer Investiton folgende...

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Bitcoin Suisse Looking To Raise $50 Million For Dual Banking Licenses Amid The COVID-19 Pandemic

Large cryptocurrency-related financial service company, Bitcoin Suisse, is looking to raise over $50 million from investors. The institution plans to expand its services in Switzerland and Liechtenstein by receiving dual bank licenses.Bitcoin Suisse To Raise More FundsFounded in 2013, Bitcoin Suisse AG has become a prominent market player in terms of brokerage, custody, lending, staking, and other cryptocurrency-related services. Currently valued at over $275m, the entity announced earlier...

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81% of Bitcoin Holdings Are Currently Profitable as Anticipation Builds for The Halving

The majority of Bitcoin holdings are currently in a profitable position following the recent rally of the largest cryptocurrency by market capitalization, data from on-chain data provider Glassnode shows. The UTXO Realized Price Distribution (URPD) metric from the data firm puts the proportion of the moneymaking Bitcoin at 81%.What Is UTXO Realized Price Distribution and Why Does It Matter?UXTO is short for unspent transaction output. It can be simply related to the change you receive when...

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Bitcoin Cash Analysis: Uptrend Intact Above $235-$240

Bitcoin cash price started a downside correction after testing the $275 resistance against the US Dollar.The price declined below the $260 support, but it stayed above the $235-$240 support zone.There is a major bullish trend line forming with support near $244 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $235 support.Bitcoin cash price is trading in a positive zone above the $240 level against the...

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