Tag Archives: Bitcoin News

A class-action suit against both Tether and cryptocurrency trading platform Bitfinex alleging that these parties manipulated the bitcoin price back in 2017 has been withdrawn.Tether and Bitfinex Are In a RutNote that this doesn’t mean the lawsuit has been dropped or taken out of commission. Rather, it was withdrawn and then resubmitted through a new plaintiff in an entirely different jurisdiction.Both companies have been under fire for some time when in 2018, University of Texas finance...

Bitcoin, for the most part, has been rather bullish during the start of the new year, but there’s one cryptocurrency – Chain Link – that some sources say is doing much better.Chain Link Is Doing Quite WellBitcoin initially began the year over $7,000. It later fell back into the $6,000 range (albeit briefly) before a military drone strike in Iran by U.S. forces led bitcoin into what is considered the first bull rally the coin has experienced in roughly two months. It has been jumping by...

Executives of JPMorgan Chase & Co. believe that CME Group is going to be the company that dominates the bitcoin futures contracts arena.CME Group Is Heading the MarchAs we all know, other markets have opened the doorway to bitcoin futures trading in the past, a big example being Bakkt which began business in September 2019 after a long year of delays. The platform experienced a rather lackluster debut and is widely considered to be the reason for bitcoin’s dismal price performance just...

Elon Musk – the head honcho behind SpaceX and Tesla – got under crypto enthusiasts’ skin this week when he submitted a very strange tweet about bitcoin.Elon Musk Is Up to His Old TricksThe world’s number one cryptocurrency has a very bad habit of attracting unwanted attention and controversy wherever it goes. While many are in favor of the digital asset, others see it as something to utilize in malicious actions or as a means of stirring the wrong kinds of feelings within the industry.It is...

As we all know, bitcoin has spent the last few days gaining steam and jumping into higher ranges. While we’ve been quick to assume it has something to do with the political unrest due to tension between the U.S. and Iran, another source is claiming something different.The Bitcoin Hash Rate May Have Something To Do with ThisBitcoin first began jumping upward on January 3 following a U.S. drone strike on Iran that killed off one of the latter country’s top generals. From there, bitcoin – which...

Another bitcoin price prediction is in the books. This time, the words come from Sonny Singh, an executive with Bit Pay.Singh Predicts Big Things for BTC This YearIn a recent interview, Singh explained that he thinks 2020 will be the year in which bitcoin strikes $20,000 territory again. Thus, crypto enthusiasts will see three 20s this year; $20,000 in 2020. One wonders if this is meant to be funny…On the one hand, it’s good news. Bitcoin – which recently fell back into the $7,000 range...

What did we tell you all? Political unrest has a lot to do with bitcoin’s sudden rise to power. Now that relations between the United States and Iran are easing up a bit, it appears bitcoin has quickly descended back into the $7,000 range.Bitcoin Is Falling Back DownAt the time of writing, the world’s number one cryptocurrency by market cap is trading for just over $7,800. While this is not a massive difference from yesterday’s $8,000, it’s still a punch in the gut. Many enthusiasts thought...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 788. Heute sprechen wir über folgende Themen: Ripple führt Thailands älteste Bank ins digitale Zeitalter, Krypto Derivatebörse Deribit verlagert Sitz nach Panama & Bitcoin Kalendar Gewinner. 1.) Ripple führt Thailands älteste Bank ins digitale Zeitalterhttps://www.btc-echo.de/ripple-fuehrt-thailands-aelteste-bank-ins-digitale-zeitalter/ 2.) Krypto Derivatebörse Deribit verlagert Sitz nach...

At the time of writing, it looks like political unrest is the primary instigator of bitcoin’s continued price spikes.Unrest Causes BTC to Jump FurtherThis has been something we’ve discussed in previous articles, though more evidence is being offered on account of bitcoin’s sudden jump beyond $8,000 given that the United States has undergone alleged attacks from Iran. The latter country has launched missiles at several military bases belonging to the U.S. in Iraq. Thankfully, no casualties...

The halving for bitcoin is still months away, yet many analysts are still deeply divided on where the event will take us. Is the currency likely to go up as it’s done in the past, or will things remain as they are?Will the Halving Do Anything for the Industry?The rewards garnered by bitcoin miners will be cut in half, and the currency is set to become much rarer. Something that’s rare is likely to have a lot more value than something that’s common, but several industry leaders still believe...