Crypto news

The crypto market crashed yesterday as Bitcoin and major altcoins marked severe double-digit losses. A popular crypto analysist in Tweeter thinks that a serious market crash can actually turn out to be a positive thing for altcoins. Bitcoin holders might see the bearish trend as the beginning of the next major altcoin season.Altcoin Season on the Horizon?Per the opinion of the popular crypto analyst DonAlt, in order for the next altcoin season to arrive, Bitcoin has to experience a harsh...

Its a big win for cryptocurrency exchange Bitfinex on the long going Tether stablecoin case as the Appellate Division of the New York Supreme Court puts a stay on the filing by attorney general Letitia James in April 2019. Bitfinex currently shares leadership with stablecoin coin issuer Tether.James earlier accused Bitfinex of taking undue advantage of the partnership and borrowing $900 million USDT tokens without actually paying for it. In her complain, James wrote:“Our investigation has...

The U.S. Securities and Exchange Commission (SEC) again delayed its decision about Bitcoin exchange-traded fund (ETF) proposed by New York-based investment-management firm Wilshire Phoenix.As per the public filing, SEC needs to assess the proposed rule change to allow NYSE Arca in order to deal with shares of Wilshire Phoenix’s Bitcoin and Treasury Investment Trust. Arca first started seeking regulatory approval from the SEC for a different type of stablecoin. Dubbed as the Arca UST Coins –...

About a week ago on Thursday the 19th of September, the Committee on Financial Services scheduled Tuesday 24th, as the day for a Congress crypto hearing. Tagged “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, the hearing was arranged to discuss several crypto-related issues including the SEC’s regulation of the sector, Exchange-Traded Funds (ETFs), Facebook’s Libra, and also a possible categorization of digital assets as official securities.The hearing...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 714. Heute geht’s um folgende Themen: Bitcoin für die Massen: Frankreich pusht Adaption & Nach Bitcoin Einbruch glaubt Peter Schiff das BTC bald auf 4k fallen wird. 1.) Bitcoin für die Massen: Frankreich pusht Adaptionhttps://www.btc-echo.de/bitcoin-fuer-die-massen-frankreich-pusht-adaption/ 2.) Peter Schiff: Bitcoin Price Now at ‘High Risk’ of $4,000 or...

Crypto payments seem to have achieved mainstream use: in France, 30 famous brands are going to launch support for Bitcoin payments. By early 2020, over 25,000 sales points will allow their customers to make purchases in Bitcoin. Among the retailers that will support the initiative are sportswear giant Decathlon, sneakers emporium Foot Locker, cosmetics store Sephora, furnishings retail chain Conforama, design company Moustache and more.The news has been announced during Paris Retail Week on...

ADA price topped near the $0.0500 level and declined sharply below $0.0450 against the US Dollar.The price is down more than 20% from the last swing high and it is currently near $0.0385.There was a break below a contracting triangle with support near $0.0478 on the 4-hours chart (data feed via Kraken).The price is currently consolidating losses and likely to face resistance near $0.0400 and $0.0425.Cardano price declined heavily in the past few sessions against the US Dollar and bitcoin. ADA...

Companies like Tesla may be inventing driverless cars for well, being driverless. BMW, on the other hand, may have other ideas. On a serious note, BMW has taken the driverless car issue to a whole new level where everything can be done: even having a few hot minutes with someone!In its racy, twitter ad (which is already deleted, why?), BMW seemed to imply that sexual activity will be one of the cool things that will be happening all the time in driverless cars. “A space where everything can...

The price of Bitcoin (BTC) collapsed in extreme fashion late last night. Some individuals were able to capitalize on the move more so than others — with the world's biggest cryptocurrency available at $1,800 per coin with Binance's own stablecoin, Binance USD (BUSD). BUSD currently is ranked 2064 by market capitalization and has a small 24-hour trading volume of $743,509 — or only 74.49 BTC — according to CoinMarketCap. It is this low liquidity that may have been responsible for the extreme...

Just yesterday we had warned from a Bitcoin price dump coming, as the coin was getting very close to the bottom line of the symmetrical triangle. Another warning sign came from the mini Death Cross between the 50 and the 100-days moving average lines, seen on the following daily chart.Those who don’t believe in technical analysis can’t ignore the fact that a triangle pattern was built since June, and for almost five months, we saw the triangle providing support and resistance for Bitcoin....