There are several conflicting reports in the crypto world as of late. Despite the idea that bitcoin is surging like mad and is on the verge of once again striking the $11,000 range, it looks like things are very up and down otherwise for both miners and institutions.The Bitcoin Market Is Straddled with Ups and DownsRecently, Live Bitcoin News reported that Bit Farms, a cryptocurrency mining firm, is straddled with heavy debt and is struggling to repay the $20 million+ it owes by the time 2021...
Read More »Some Analysts Are Warning Traders to Stay Away from Bitcoin
Bitcoin has surged as of late, but according to many experts and analysts, now is not the time to buy.Some Analysts Say “Stay Away” from BitcoinThe sentiment is that the current jumps aren’t going to last, and that there is only a seven percent chance that the asset will again reach its all-time high of nearly $20,000 this year, according to many options markets. Gavin Smith – chief executive of crypto firm Panxora – explained in an interview:Our view for the balance of 2020 is still high...
Read More »#935 XRP Rally, HEX 115x Werbung in England & Crypto Fear and Greed Index
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 935. Heute sprechen wir über folgende Themen: Ripple Kurs Prognose Anfang einer größeren Rallye, HEX 11500% Werbung in England & Crypto Fear and Greed Index. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – HODLer aufgepasst – Wie wäre es mit bis zu 4,03% auf deine BTC jährlich und 20 Euro Willkommenbonus? Das bietet dir dein persönliches Bitwala Bitcoin Ertragskonto. Jetzt kostenlos anmelden...
Read More »Bitcoin Price Analysis: BTC’s Uptrend Could Extend Above $12K
Bitcoin price rallied more than 15% and it broke the $11,000 resistance zone.A new monthly high is formed near $11,412 and the price is consolidating above $10,500.There is a short-term contracting triangle forming with support near $10,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $10,300.Bitcoin price is trading in a strong uptrend above $10,500 against the US Dollar. BTC could...
Read More »Altcoins Are Falling, Giving BTC More Room to Grow
The big news today is that bitcoin is just shy of hitting the $11,000 mark, but now that the world’s number cryptocurrency by market cap is on a fresh high, many altcoins are beginning to retrace their steps and fall to lower numbers.Altcoins Are Hitting Fresh Lows as BTC RisesAt the time of writing, several of the crypto space’s leading altcoins are up against the U.S. dollar, but down when compared with bitcoin. Ripple (XRP), for example, is the world’s third-largest cryptocurrency by...
Read More »Bit Farms Mining Firm Is Straddled with Tons of Debt
Canadian crypto mining firm Bit Farms is swamped with high-interest debt.How Will Bit Farms Pay Everything Off?The company has been struggling to pay off much of what it owes. Straddled with declining revenue, the company is scheduled to pay more than $20 million by the time 2021 rings in, which means the venture could be in a heap of trouble.The mining industry has been treated very poorly over the past several months largely due to the coronavirus pandemic that has been spreading across the...
Read More »Bitcoin Is on the Verge of Striking $11,000
Bitcoin has done it. The world’s number one digital currency by market cap has surged beyond the $10,000 mark and is now trading for an impressive $10,800, noting an 11 percent jump over the past week alone.Bitcoin Shoots Beyond $10,000Why, suddenly? What could cause the currency to shoot up so fast, and what is in place that would allow bitcoin to potentially keep its current price position? It’s not like bitcoin hasn’t crossed the $10K threshold throughout 2019, and yet so far, the jumps...
Read More »#934 Gold Allzeithoch, Bitcoin Suisse Funding-Runde & Twitch bringt Bitcoin zurück
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 934. Heute sprechen wir über folgende Themen: Gold erreicht Allzeithoch, Bitcoin Suisse schließt 42 Millionen Euro Funding-Runde ab & Streaming Dienst Twitch bringt Bitcoin-Zahlungen zurück. [embedded content] Die heutige Show wird gesponsert von Bitwala Blockchain Banking – HODLer aufgepasst – Wie wäre es mit bis zu 4,03% auf deine BTC jährlich und 20 Euro Willkommenbonus? Das bietet dir dein persönliches Bitwala Bitcoin...
Read More »Anthony Ghosn Sends $500K in BTC to Men Who Helped His Father Escape Justice
Bitcoin and cryptocurrency seem to have a knack for getting involved in criminal agendas, and the situation at hand doesn’t appear any different. It is being reported that the son of former Nissan Motor Company Chairman Carlos Ghosn wired several bitcoins to men who potentially helped his father escape justice while in Japan.Carlos Ghosn Has Potentially Escaped JusticeAs much as $500,000 in BTC payments were sent to one of two men in Massachusetts. Both are accused of assisting Carlos Ghosn...
Read More »Coins Like Ethereum and Cardano Are Surging as of Late
One source is reporting that bitcoin – the world’s number one cryptocurrency – is “floundering,” and that other smaller altcoins – such as Ethereum, Stellar and Cardano – are all way up at the time of writing, with some of these currencies having doubled their prices in just the last few months alone.Ethereum and Cardano Are Two High-Ranking CoinsFirst off, it would be inaccurate to claim that bitcoin is “floundering.” BTC is presently trading for just under $10,000 again, and should it...
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