Tag Archives: Bitcoin News

Bitcoin and crypto traders alike have always been intrigued by the mystery surrounding Satoshi Nakamoto, the pseudonymous trader behind the creation of the world’s number one digital currency.Maybe Keeping Nakamoto Hidden Is BestWho is he? How did he get the idea, and is he still alive or has he passed on? These are all major questions that several bitcoin enthusiasts have likely asked themselves over the years, but according to several analysts and industry experts, it might be best not to...

The coronavirus lockdown has caused many people to see bitcoin in a different way, including residents of Russia.Russia Seems to Love BTCThe country has had a very mixed relationship with cryptocurrency. Assets are often traded in secret as government officials have not taken to digital assets the way other nations have. The country has also long considered a ban on digital currency trading, believing it leads to criminal activity such as money laundering.Now that everyone is stuck at home...

It looks like venture capitalist Tim Draper has positive sentiment towards the Libra cryptocurrency and its founder Mark Zuckerberg.Tim Draper Sticks Up for Mark ZuckerbergTim Draper has made a real name for himself in the crypto space. He won a huge chunk of Ross Ulbricht’s bitcoin stash in an auction in 2014 and has often offered huge praise for the digital asset. In addition, he has loaded the space with wild – yet intriguing – predictions, stating that the currency would reach the...

Anybody expecting a big surge in bitcoin will probably have to wait considerably longer, say many analysts.Bitcoin May Stay As It Is for a WhileAt the time of writing, the world’s number one digital currency by market cap has dropped to about $9,600, roughly $100 less than where it stood just 24 hours ago. The halving took place just under a month ago, and many saw the currency reaching new peaks a few weeks or even a few days after this was slated to occur.Sadly, this isn’t quite the case....

The bitcoin price has stabilized somewhat over the past few days, but it looks like in many ways, the world’s number one digital asset by market cap is still enduring a struggle.Bitcoin Has to Reach the Five-Figure RangeThis seems to be the sentiment of most crypto analysts, who claim that $10K appears to be one of the biggest hurdles for the coin. The mark is proving to be a heavy resistance point for the currency, as the asset initially rose above this mark about 72 hours ago only to fall...

Recently, it was reported that the bitcoin price briefly rose above $10K, only to lose about $600 just a few moments later. It appears this move has had monster-sized effect on BitMEX, a trading exchange based in Seychelles in Africa.BitMEX Sees Heavy Buy Liquidations Following the BTC SpikeThis move ultimately caused approximately $133 million of buy liquidations on the trading platform. This is the highest number since October of last year. Buy liquidations occur when those taking part in a...

Bloomberg is predicting that the rest of the year for bitcoin will be quite solid.Bloomberg: BTC Should Keep on SpikingThe publication has issued a report stating that something would need to go “really wrong” for bitcoin to come crashing down the way it did in 2018. While the world of bitcoin is always very up and down, and it’s nearly impossible to predict what will happen, exactly, Bloomberg is confident that the currency is going to reach new highs by the time 2020 is ready to say...

For all the positive remarks and predictions that have emerged as of late for bitcoin, one figure is suggesting that the currency is about to come crashing down within the next two years. Crypto trader and analyst “Crypto Whale” on Twitter announced that he sees the asset’s price falling to a measly $2,000 by the end of the year.Crypto Whale: The End of 2020 Won’t Be Good for BTCCrypto Whale has introduced his followers to what he’s calling the Fermions Flow (FF) Whale Model, which allegedly...

The mystery surrounding the identity of bitcoin’s anonymous creator – Satoshi Nakamoto – continues, and now people have found a new candidate to point the finger at. According to many analysts within the space, bitcoin’s inventor is allegedly a man named Adam Back.Is Adam Back the Creator of BTC?Last month, a YouTube channel known as “Barely Sociable” – which enjoys more than 400,000 subscribers at press time – released a video that was approximately 40 minutes long. This video claimed that...

MV Index Solutions GmbH (MVIS) has joined hands with Crypto Compare – a digital asset data firm – to launch a new index that will offer an hourly, updated bitcoin price in USD.Crypto Compare Launches New BTC-Monitoring ToolTraders and investors in the crypto space should know by now that bitcoin, while popular and significant, is among the most volatile assets around. Just yesterday, the currency rose to $10,100 after trading at $9,500 for a few days – only to come crashing down and lose...