Tag Archives: AA News

Bitcoin re-tapped its highest price since January 2018 a few hours ago as it came within a whisker of $16,000. For the second time this month, that price level proved to be too much resistance and the asset has fallen back to $15,750 at the time of writing. The bullish momentum over the past month has kept Bitcoin well within the parameters of analyst ‘PlanB’s’ stock-to-flow model. Stock-to-Flow on Target The stock-to-flow (S2F) model was initially published in March 2019,...

Brad Garlinghouse believes that bitcoin holding companies will soon be affected by new policies from the Biden-led administration. Bitcoin Will be Subject to Climate Change Management Policies According to a tweet on Monday (November 9, 2020), Ripple CEO Brad Garlinghouse has envisaged that Bitcoin holding companies might come under scrutiny once the Biden admin begins to carry out its climate change management policies. Ripple’s head said firms that are hodlers of the...

Bitcoin continues its positive price development as it just managed to take yet another coveted milestone – the $16,000 mark. With this most recent increase, bitcoin’s price has increased by as much as 325% from the lows that it encountered back in March 2020 as the COVID19 pandemic was announced. It’s worth noting that this is another yearly high. It’s also interesting to see how high can Bitcoin go during its current bull run. At the time of this writing, we are only 25%...

Over a month after being hacked and drained for nearly $300 million worth of various cryptocurrencies, the popular exchange KuCoin has recovered 84% of all funds. The company’s CEO also indicated that they will resume full service for all tokens by November 22nd. KuCoin Recovers 84% Of All Stolen Funds As CryptoPotato reported in late September, the cryptocurrency exchange KuCoin experienced a “security incident,” which resulted in the loss of millions of dollars worth of...

One of China’s biggest banks is selling $3 billion worth of bonds to investors. The offering allows clients to make purchases with cash and Bitcoin.  Raising $3 billion From A Bonds Sale China Construction Bank Corp. aims to raise up to $3 billion from a planned sale of bonds. As per a recent news report, the offering is a mutual partnership with Hong Kong-based fintech company Fusang. The project will focus on both individuals and institutions, which can trade in and out of...

Kraken released it’s August Bitcoin Volatility Report 2 months ago. Then the cryptocurrency exchange sounded supremely confident about BTC registering higher highs as the year ends. In its October version of the same report, Kraken has maintained its bullish stance. November will see bitcoin log much higher price and volatility rallies. Also, BTC might as well be on the way to reclaiming the previous all-time high of $20,000. Bitcoin Price And Volatility To Climb In November...

The world’s leading cryptocurrency exchange, Binance, has temporarily suspended withdrawals for ERC20 tokens. Upbit and Huobi follow suit. The issue comes after Infura – an Ethereum infrastructure provider is also experiencing problems. The team announced earlier today that they are experiencing a service outage for their Ethereum Mainnet API. In a later update, they’ve revealed that they brought additional capacity online for the affected components and are “continuing to...

Bitcoin is following the plan like “clockwork” after the third halving, said the creator of the popular stock-to-flow model. He also reaffirmed his belief that the S2FX model is correct, and BTC will trade between $100,000 and $288,000 per coin by the end of 2021. BTC Moving Like Clockwork The stock-to-flow model and its variations are among the most popular BTC price prediction tools within the cryptocurrency community. It was created by an analyst going by the Twitter...

During the past 24 hours, Bitcoin tanked to $15,100, but it has recovered since then and trades around $15,400. Most high and mid-cap altcoins have outlined substantial gains and have reduced BTC’s dominance to below 64%. Bitcoin Price Slides But Recovers After peaking at nearly $16,000 last week, Bitcoin has struggled with maintaining such a high price tag. It dropped below $14,300 a few days after, but managed to initiate a false breakout towards $15,800 when news broke...

A few days ago, a mysterious Twitter user claimed to have found the magic formula to crack Monero. Fireice_UK shared a web address that “revealed” personal information of several Monero users, even including their sexual preferences. “Anonymous” cryptocurrency #Monero broken. https://t.co/M2tDXFzpLb You can now check how many paedophiles thought it is private today. 100 new IP addresses, transaction details and user’s porn preferences published every day.#SaveTheChildren...