For the last several weeks, bitcoin appears to be hovering between the mid-$9,000 and $10K ranges. According to Simon Peters – an analyst with the cryptocurrency exchange and broker e-Toro – things are about to get rather ugly for the world’s number one cryptocurrency by market cap.Simon Peters: Bitcoin Could Strike New LowsPeters explains that the asset is about to undergo a serious correction that could bring it to new lows in the coming weeks. In an interview, he states:The recent crypto...
Read More »JPMorgan Publishes Positive Report on Bitcoin
Bitcoin is once again spiking and has added about $200 to its price following its previous crash down into the low $9,000 range. The news seems to be sitting well with JPMorgan, one of the biggest bitcoin critics in history.JPMorgan Is Switching Its Stance on BTCIn the past, Jamie Dimon – the CEO of JPMorgan Chase – has stated that bitcoin is a “fraud.” Dimon also compared the bitcoin craze to tulip bulbs, but now it appears the company is changing its sentiment surrounding the world’s number...
Read More »Canadian Securities Firm: Quadriga CX Was a Ponzi Scheme
Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been the rise and fall of Quadriga CX, a cryptocurrency exchange in Canada that now has an undoubtedly shady history behind it.Quadriga CX Will Probably Always Live in InfamyAt one point, Quadriga CX was one of the largest cryptocurrency trading platform in Canada, but now the company has been marred by controversy and a lot of angry people who cannot seemingly get their...
Read More »Analysts: Bitcoin Fell Because Everyone Is Going Back to Cash
The bitcoin price has dropped more than eight percent in just the last 24 hours alone, and it looks like the recent move has got everyone huffing and puffing.The Bitcoin Price Has Taken a DiveAnalysts and traders alike are terrified by what they’ve witnessed over the last day, as the asset’s fall appears to have been sparked not by the stock market crash but by people floating towards cash. Suddenly, bitcoin doesn’t appear to be the answer everyone was looking for.It’s been reported time and...
Read More »Bitcoin Slips Following Stock Market Crash
It looks like it’s happened again, folks. The heavy volatility that we’ve all come to both love and hate about bitcoin has seemingly entered the foray all over again and brought the world’s number one cryptocurrency down by approximately $400.Bitcoin Has Lost More Than $400Yesterday, the currency was trading for about $9,600 during the early morning hours. However, from there, the currency saw itself drop to about $9,200 with little warning for investors. At the time of writing, the currency...
Read More »Brian Brooks: Blockchain Has the Power to Connect Everything
The U.S. government has hired a new comptroller of the currency, and his name is Brian Brooks. What makes Brooks so interesting? He’s a bitcoin and blockchain bull and a former attorney for Coinbase. How ironic that he would work in an administration headed by Donald Trump, who in the past, has expressed negative opinions of bitcoin and other cryptocurrencies.Brian Brooks: Blockchain Gives Us Great PowerIn a recent interview, Brooks explained that he sees blockchain as a major turning point...
Read More »Is the U.S. Government Preparing for a Bitcoin War?
It looks like bitcoin and cryptocurrency has got the U.S. government and the pentagon a little on edge.Bitcoin Is Scaring Top Government PlayersThe U.S. Department of Defense has revealed that it is planning for what could potentially be a bitcoin revolution. The government body has listed several potential scenarios in its roster that could see an uprising of Generation Z and members potentially using bitcoin and other forms of crypto to somehow go against the present government system.It’s...
Read More »Bitcoin Again Proves That $10K Is Too Much to Handle
It looks like bitcoin may have been hovering at around $10K all over again, though at the time of writing, it has failed to cross that mark. In fact, the currency has fallen by about $300 or so.Bitcoin Rises and Falls… AgainJust yesterday, the currency spent the early morning hours meandering about the high $9,900 position. This was its highest position in a little over a week, but as we’ve seen before, $10K is proving to be yet another hardcore resistance point on the bitcoin ladder. On...
Read More »#902 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange Ponzi & DeFi exponentielles Wachstum
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 902. Heute sprechen wir über folgende Themen: 500 Estland Krypto Firmen verlieren Lizenz, Quadriga Exchange war ein Ponzi & DeFi zeigt exponentielles Wachstum. Die heutige Show wird gesponsert von Bitwala Blockchain Banking – Erhalte 35 Euro für dein kostenloses deutsches Konto inkl. Debit Masterkarte und Bitcoin Wallet – https://bit.ly/Bitwala-Banking 1.) 500 Estonian Crypto Companies Lose Permits After...
Read More »Halving Didn’t Stop Bitcoin Mining Rewards From Being Big Last Month
Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...
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