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Tag Archives: AA News

This Is Why Bitcoin Price Could Hit $55,000 Next Year: Crypto Zombie in Trader’s Digest

If you’ve ever watched Bitcoin-related videos on YouTube, you’ve probably gotten to know K-Dub. K-Dub is a 32-year-old from New York who broadcasts live each day on his popular channel Crypto Zombie.Without a doubt, Crypto Zombie is one of the most popular channels around, with an astonishing number of over 90,000 subscribers as of writing this. Every night you can meet him on YouTube, and when I write ‘meet him,’ this really describes his attitude toward his thousands of loyal...

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Bitcoin Buys Real Estate: $15.3M Condo Sold Using Bitpay

A real estate developer managed to sell a $15.3 million condo in New York for Bitcoin. The transaction was carried out using Bitpay and Starr and, according to the developer, it was “seamless.” This highlights Bitcoin as a viable alternative to fiat transactions and it’s far from being the only serious real estate deal cut with the cryptocurrency.Bitcoin Used For Buying a New York ApartmentA real estate developer, Ben Shaoul, has sold a retail condo in Upper East Side New York and the...

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Hong Kong Set To Publish New Regulations On Cryptocurrency Exchanges Today

Hong Kong’s financial regulators will introduce a new framework for cryptocurrency exchanges, after the unsuccessful first attempt from last year. An official from the Securities and Futures Commission (SFC) in the city informed that the new version should be published today.Hong Kong To Regulate Crypto ExchangesDuring a FinTech conference taking place in Hong Kong, the head of the SFC, Ashely Alder, announced that they will issue a new regulatory format. Purportedly, by including...

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Rivaling Facebook’s Libra: EU Draft Suggests Creation Of A New Coin

The European Central Bank is reportedly considering to launch its public digital currency. This move may be regarded as a direct response to the announcement of Facebook’s Libra.EU to Launch A Digital Currency?As reported by Reuters, the draft states that the European Union should consider launching a public digital currency by working closely with the European Central Bank. Purportedly, an official from the ECB has said that such a project would allow customers to use electronic cash, which...

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Bitcoin & Altcoins’ Calm Before The November Storm: The Weekly Crypto Market Update

The surge of interest in China woke up the entire cryptocurrency market and boosted Bitcoin’s trading volume. Yet, Bitcoin maintains relative stability, and the market is waiting to see the direction in which it will take off towards the end of the year.The altcoin market also felt the surge, and it seems that a lot of them are strengthening their communities and surviving the harsh crypto winter. Moreover, we continue to see a lot of additional fundraising and, perhaps, the relatively small...

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HODL Wins: The Majority Would Prefer Holding Bitcoin Than Gold

When it comes down to investing, Bitcoin and gold have been heavily compared. According to a new poll initiated by the former Congressman of Texas, however, Bitcoin is seriously preferred over Gold and other investment options.10-year Investment SurveyRon Paul, the former congressman from Texas, initiated a poll on Twitter asking people what they would invest in if a wealthy person gifted them $10,000. The voters can choose between 4 options – 10-year US Treasury Bond, Federal Reserve Notes,...

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Remember November: Bitcoin Price Tends To Go Crazy During Novembers, What To Expect On Nov-2019?

Let’s rewind the clock for two years: The phrase “November 2017” is perhaps causing some eager smiles on anyone familiar with the cryptocurrency space. It was the peak of the most famous Bitcoin bubble.Now, let’s get back in time a year later to November 2018, a year ago. Or, if you want to be even more specific – November 14th, Bitcoin’s horror day. On that day, the Bitcoin price dropped below the significant 2018-support of $6000 and set the course for a 50% plunge in one month.When looking...

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BitMEX Clarifies: Nothing Beyond Email Addresses Was Leaked

It’s safe to say that last Friday was a rather bad one for BitMEX, the most popular Bitcoin margin trading exchange. The company made a tiny mistake which ended up disclosing the emails of a lot of users while sending an update letter. However, the cryptocurrency exchange has just clarified that absolutely nothing but those emails was leaked and that they have taken the necessary measures in order to avoid accidents of the kind in the future.BitMEX Confirms Only Emails Were LeakedLast Friday,...

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Study Reveals: Bitcoin $20,000 Bull-Run Caused By One Whale

The cryptocurrency market went through a parabolic price surge in late 2017 causing a stir around the financial world. Bitcoin, the largest crypto by market cap, reached its all-time high at $20,000 but according to two U.S.-based academics, this price movement was manipulated by a single whale.Cryptocurrency Price Manipulation?The topic of price manipulation in the cryptocurrency market has been around for a few years. Finance professor John M. Griffin from the University of Texas and...

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Sunday Crypto Market Watch: Bitcoin Price Consolidation To End In a Violent Move

Bitcoin, once again, shocked the world last weekend when it surged with 42% in less than 24 hours. However, with that event behind our backs, Bitcoin’s volatility has been declining.After touching $10,350 last week, the price corrected and is currently around $9,200. It appears that the cryptocurrency is locked in a fairly tight range, and we haven’t seen any notable price movements during the week. This is precisely why it might be the case that Bitcoin is, once again, setting the stage for...

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