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Tag Archives: BCHBTC

New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading

Following a recent update, the New York State Department of Financial Services (NYDFS) has approved eight cryptocurrencies for sale and trade and ten digital assets for custody by licensed entities.NYDFS License Cryptocurrencies For Trading And CustodyIn the latest update posted, the NYDFS has outlined the importance of regulating all assets available for purchasing and trading in the state. The department responsible for regulating financial services and products has been exploring multiple...

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Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today

Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...

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Chainlink (LINK) Skyrockets 60% In 5 Days To New ATH: Bitcoin Remains Stable At $11,700 (Market Watch)

As of the middle of the weekend, Bitcoin continues to fluctuate in a range from $11,400 to $11,800, while most altcoins are trading in green.Yet, Chainlink has attracted another wave of serious interest after an eventful 24 hours and a fresh all-time high painted.Bitcoin and Altcoins In The GreenAfter a sudden dip to $11,200 on Friday, the primary cryptocurrency has managed to regain its composure. The bulls didn’t allow any further declines and pumped the price upwards.Since then, Bitcoin...

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This Was The Week Of The Top 10: The Crypto Weekly Market Update

Bitcoin’s had a tumultuous week of trading, there’s no doubt about it. While the overall trend remains intact, according to most analysts, the cryptocurrency definitely kept us on our toes. Last Sunday was likely the most volatile day of the week when Bitcoin surged past $12,000 only to drop to around $11,300 in a violent wick. This also led a lot of alternative coins to follow the same pattern, leaving many traders in dismay. It didn’t take that long for BTC to recover as it...

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Bitcoin Unable To Break $12k While Bitcoin Cash (BCH) Joins the Party (Market Watch)

Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.Bitcoin Aims At $12,000Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run...

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$30 Million In BTC And BCH Seized By German Authorities And FBI

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K.Movie2K’s BackstoryThe pirate streaming website began operating in 2008 and ran until 2013. In that timeframe, Movie2K allegedly distributed nearly 900,000 copies of movies and TV shows. Its popularity grew rapidly, and before it closed in 2013, it...

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Weekend Ride: Bitcoin Plunged $1500 In Minutes, After Recording Fresh 2020 High

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

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Altcoins In Deep Green As Bitcoin Skyrockets: Market Cap Heading To $350 Billion

Green is the predominant color in the cryptocurrency markets, with some massive gains across the leading cryptos. Bitcoin marked a new yearly high of above $11,700, while Ethereum exceeded above the $350 level.Bitcoin Rejoice At A New Yearly HighBitcoin’s first days in July were rather dull as it traded sideways in a tight range. It appears, however, that the primary cryptocurrency doesn’t want to repeat this dullness in August. During the past three days, BTC headed upwards from about...

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Bitcoin Cash Price Analysis: BCH Follows Suit With a Strong Move to $294

Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD. Source: TradingViewFollowing the massive surge in Bitcoin’s and Ethereum’s price, Bitcoin Cash has also seen decent growth over the...

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Messari: DeFi is Smaller Than Some Worthless Cryptos

Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...

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