In the last analysis, we had mentioned the crucial descending trend-line, marked with yellow on the following daily chart. This line is ‘preventing’ Bitcoin from discovering new highs since June 26, when Bitcoin reached $13,880 as the 2019 high.The resisting line was tested for the fourth time, and as it seemed like a breakout is knocking, it turned to be a false one – producing a decent red candle on the daily, with a wick above the line. The hit was hard: Bitcoin plunged $700 in a matter of...
Read More »Why Binance Coin Is Headlining the Crypto Market Resurgence
Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here's why BNB is leading the pack. | Source: REUTERS / Darrin Zammit LupiBinance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million.Four months later, it appears that everyone has forgotten about the security breach. Binance is just as popular as ever, and its...
Read More »Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN.The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover from the devastation wrought by the storm: Bitcoin.Coinbase & Bitpay facilitate Bitcoin donations for Hurricane Dorian recoveryThis has become possible after Lend a Hand...
Read More »Coinbase and Ripple Muscled Out of Top 10 Hottest US Startups
Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn's 2019 top 50 startups list. | Source: Shutterstock; Edited by CCNDespite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the LinkedIn’s 50 hottest U.S. startups of 2019 to work for. In the professional social network’s third annual Top Startups ranking, blockchain payment...
Read More »Binance & BitMEX Kiss and Make Up After Plagiarism Accusation
BitMEX accuses Binance of plagiarism, but it's not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN.Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in its recently-launched crypto derivatives testnet.On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch,...
Read More »Bitcoin Surge Obliterates $68 Million in BTC Shorts on BitMEX
Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...
Read More »Binance: Nutzer können Bitcoins verleihen und Zinsen verdienen
Binance ist eine der größten Kryptowährungsbörsen der Welt und plant, dass Tätigkeitsfeld zu erweitern. (Einladungslink weiter unten im Artikel) Nun können die Nutzer von Binance dort auch Kryptowährungen verleihen und erhalten dafür Zinsen. Die Höhe der Zinsen lässt aufhorchen, so verspricht Binance seinen Kunden zwischen 7 Prozent und 15 Prozent Zinsen. Allerdings gibt es zu Beginn ein Hardcap und die maximale Gesamtsumme ist begrenzt....
Read More »Binance: Nutzer können Bitcoins verleihen und Zinsen verdienen
Binance: Bitcoin-Börse bietet bis zu 15 Prozent Rendite bei Krypto-Kredite. Damit kann jeder Kunde seine Bitcoins verleihen und somit mit seinen Kryptos ein passives Einkommen generieren. Binance ist eine der größten Kryptowährungsbörsen der Welt und plant, dass Tätigkeitsfeld zu erweitern. (Einladungslink weiter unten im Artikel) Nun können die Nutzer von Binance dort auch...
Read More »Die Gründe für den heutigen Bitcoin Crash
Es war ein kleiner Crash, im Vergleich zur volatilen Historie des BTC. 7 Prozent verlor der Bitcoin in der Spitze innerhalb der letzten 24 Stunden, trotz bullisher Prognosen. Damit landete der BTC sogar wieder unter der Marke von 10.000 US-Dollar, die für viele als neue Baseline für den Support betrachtet wird. Hier die Hauptgründe für den Mini-Crash.Bitcoin News: Die Gründe für den heutigen Bitcoin CrashEiner der ersten Gründe sind Bitcoin Futures, die morgen an der CME in Chicago auslaufen....
Read More »3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin
By CCN.com: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by 10 percent.Many investors know that the entry of Bakkt in the cryptocurrency space is bullish for the long-term health of bitcoin. However, very few understand the reasons why. If you’re not one of them,...
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