The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency market. Since falling to $7,700, the bitcoin price has recovered to $8,200, critically avoiding a steep drop to the low $7,000 region to test low-level supports in the short term. The bitcoin price (BTC) has historically risen after CME bitcoin futures expiration, which could trigger a cryptocurrency market recovery. | Source: Luke MartinLuke...
Read More »Bitcoin Perma-Bull Tom Lee Rings Warning Bell on ‘Treacherous’ BTC Trading
Amid a volatile week for bitcoin, Fundstrat’s Tom Lee has come out urging against anyone considering trading BTC in the foreseeable future. Tuesday marked a three-month low for bitcoin as a 17% freefall weakened underlying support significantly, leading BTC to breach well into $8,000 territory. As if to pour salt in the wound, yesterday saw another critical level of support cave in, as BTC fell into the $7,000 region. BTC’s three-month low following this week’s dreary performance. | Source:...
Read More »Taringa Partners with RSK; Users Can Earn Crypto for Postings
Ever since Facebook’s Libra was first announced earlier this year, it seems like cryptocurrency and social media just go hand in hand. A blockchain startup and the subsidiary of IOV Labs, RSK, has announced that it has purchased a social media platform called Taringa, based in Argentina. This gives the company access to the platform’s 30 million+ account holders. Taringa Users Can Get Crypto for ContentThe partnership will create a rewards program in which users of Taringa can garner digital...
Read More »IOVLabs Subsidiary RSK Buys Spanish Social Media Platform Taringa
Recently it has come to light that RSK, an IOVLabs subsidiary, that calls itself the “first open-source smart contract platform secured by the Bitcoin network”, has purchased Taringa. It is important to highlight that it is the most popular Spanish-speaking social network with 30 million users. According to the recently revealed data, this platform is used by 28% of internet users. This figure is better than the results of Snapchat, Skype, and LinkedIn.RSK also has a native token RIF which...
Read More »Kim Schmitz: Jetzt kommt der KIM Token
KIM Kryptowährung basiert auf Bitcoin Der umstrittene Internetunternehmer und Hacker Kim „Dotcom“ Schmitz hat eine eigene Kryptowährung angekündigt. Der K.IM genannte Token soll ab dem 22. Oktober 2019 im Rahmen eines Initial Exchange Offerings (IEO) über die Handelsplattform Bitfinex angeboten werden. Ziel des Coins ist es, die Bezahlung von Medieninhalten im Netz zu vereinfachen. Künstlerinnen und Künstler sollen damit einen größeren...
Read More »Mark Yusko: Everyone Should Be Purchasing Bitcoin
When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs. Yusko: BTC Is an Important AssetIn a recent interview with CNBC, the CEO of Morgan Creek Capital told his listeners to “buy it” when it came to bitcoin and said that we should not be thinking about the recent price drops. He said that while all assets will fluctuate, bitcoin is still in...
Read More »Trust Dice Launches New Provably Fair Betting Platform, Bitcoin Casino
The new Trust Dice provably fair Bitcoin Casino supports a variety of cryptocurrencies including EOS, ETH, USDT, and BTC, providing gamers with a new and exciting way to play provably fair blockchain-based games. New games launched via the Bitcoin Live Casino include Slots, Jackpot Slots, Blackjack, Baccarat, Roulette, and Video Poker.Trust Dice players can place bets and win with ETH, USDT, and TRX upon launch of the Bitcoin Casino, with support for other cryptos such as EOS, and TXT added...
Read More »Facebook COO Faces Bipartisan Congressional Grilling Over Libra in October
Facebook will get yet another chance to try to win over the support of US lawmakers with regards to its Libra cryptocurrency project and other matters next month. According to Bloomberg, the social media giant’s Chief Operating Officer Sheryl Sandberg will testify before the U.S. House of Representatives possibly in late October. Sandberg’s visit to Capitol Hill will be coming weeks after the co-creator of Libra David Marcus met with lawmakers to shed more light on tech company’s...
Read More »Despite All the Hype, Libra May Be Delayed After All
If you think bitcoin is having a hard time this week, talk to Mark Zuckerberg about Libra and you’ll probably think bitcoin isn’t doing so bad. Libra Encounters More DelaysAt press time, bitcoin is trading for just under $7,900, meaning it’s crashed even harder over the past 24 hours. Marcus Swanepoel, the chief trader of bitcoin and its crypto cousins at Luno, says that this behavior is pretty much affecting every major cryptocurrency on the market, and that the trends are not specifically...
Read More »Lumi Wallet October Bitcoin Giveaway
Lumi wallet is celebrating the new option to buy crypto with a credit card in the wallet with a Bitcoin Giveaway Spree, giving its users a chance to win a soaring Bitcoin reward.In September, Lumi added a new feature that allows users to buy crypto with a credit or debit card safely in-wallet. Now, with fiat-to-crypto transactions enabled, Lumi Wallet stands on par with major crypto wallets.The coming Bitcoin Giveaway Spree is somewhat similar to the EOS accounts giveaway that Lumi Wallet...
Read More »