At press time, bitcoin has taken something of a nosedive and is now trading for a measly $8,800.Bitcoin Drops AgainWhile the price isn’t nearly as bad as it could have been, the currency has fallen below the $9,000 line, which is where it’s been for nearly two weeks. Things ultimately took a nasty turn for bitcoin and cryptocurrencies in general in late September when Bakkt – the institutional crypto trading platform owned by the Intercontinental Exchange (ICE) – debuted to rather lackluster...
Read More »New York Man Faces 20 Years for Crypto Scam
It seems like scams will never dissipate from the cryptocurrency space.Scams: They’re More Prominent Than EverA man in New York has been arrested and charged with running a fraudulent cryptocurrency operation. 47-year-old Asa Saint Clair claimed that his project was tied to the United Nations (UN) through an international sports development program.This should have been the first big “no-no” for investors thinking about the operation. What on Earth does the United Nations have to do with...
Read More »Bitfinex: We’re Not Behind Any Bitcoin Manipulation
Not long ago, it was reported that a user of the cryptocurrency trading platform Bitfinex was responsible for the manipulation that ultimately caused bitcoin to reach the $20,000 mark in December of 2017. However, the company is now rejecting this report, saying that it was built on false evidence and a “house of cards.”Bitfinex: The Report Is Not TrueThe report was co-authored by John Griffin, a University of Texas finance professor who issued a separate report last year first making claims...
Read More »It’s Official: Bitcoin Mining Now Legal in China
Bitcoin mining in China is no longer in the line of fire.Bitcoin Mining Is A-OKFollowing several years of going back and forth on the subject, regulators within China’s borders have finally decided that bitcoin mining should be allowed to continue without interference from the government. The country had long considered banning the process of extracting new bitcoins as a means of protecting the environment, though now it appears those fears have subsided.The bulls are seeing this as a huge...
Read More »#745 Bitcoin ist gefangen, FBI glaubt Kryptowährungen sind Problem & Neulinge kaufen vermehrt Bitcoin
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 745. Heute geht’s um folgende Themen: Bitcoin Kurs zwischen $8.000 und $12.000 gefangen, FBI glaubt Kryptowährungen sind ein Problem & Bitcoin Käufe bei Neulingen hat sich verdoppelt. 1.) Bloomberg Analyst: Bitcoin Kurs zwischen $8.000 und $12.000 gefangenhttps://coincierge.de/2019/bloomberg-analyst-bitcoin-kurs-zwischen-8-000-und-12-000-gefangen/ 2.) FBI glaubt Kryptowährungen sind ein Problem welches immer...
Read More »David Marcus Suggests Bitcoin Isn’t a Currency; Compares It to Gold
David Marcus – the head of Facebook’s blockchain division – had some unusual things to say about bitcoin.Marcus: BTC Isn’t a CurrencyIn a recent interview with CNBC, the Facebook boss explained that he didn’t think BTC was a currency, and instead claims it has similarities with precious metals which cannot necessarily be used to purchase items but are a great store of value.In the interview, Marcus explains:I don’t think of bitcoin as a currency. It’s not a great medium of exchange because of...
Read More »#744 Nur 1 Prozent der Kryptos werden überleben, Elixxir Blockchain Messenger & K.im IEO abgesagt
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 744. Heute geht’s um folgende Themen: 99% Prozent aller Kryptowährungen werden scheitern, Elixxir veröffentlicht Blockchain Messenger, Bitfinex Kim DotCom IEO K.im abgesagt. 1.) Ripple CEO Garlinghouse: 99% Prozent aller Kryptowährungen werden scheiternhttps://cryptomonday.de/ripple-ceo-garlinghouse-99-prozent-aller-kryptowaehrungen-werden-scheitern/ 2.) Elixxir veröffentlicht Messenger, der Metadaten...
Read More »Josh Riddett: BTC Will Reach $1.2 Million Following UK’s Exit from EU
Josh Riddett, CEO of Easy Crypto Hunter, thinks that Brexit could bear a lot of positive results for bitcoin and eventually push the cryptocurrency past the $1 million point.Riddett: BTC Will Spike Heavily in 20 YearsIn a recent interview, Riddett commented that bitcoin and other forms of crypto will likely serve as the predominant methods of payment within the next five to ten years and says that Brexit could ultimately cause bitcoin to hit one million pounds (about $1.2 million in USD).It...
Read More »Changpeng Zhao: $16,000 for BTC Is Coming Soon
$16,000 seems to be a popular number amongst bitcoin price predictors. Recently, Live Bitcoin News reported on a source that claimed bitcoin could potentially reach that number by the time November began. Sadly, this prediction didn’t come true, but that’s not stopping Changpeng Zhao – CEO of Binance, arguably the world’s largest and most popular cryptocurrency exchange – from touting $16,000 as a figure that will arrive “soon.”Changpeng Zhao – $16,000 Is On Its WayThe prediction that stated...
Read More »Bitcoin Price Analysis: BTC Consolidating Above Key Support
Bitcoin price corrected lower after tagging the $10,550 resistance area against the US Dollar.The price is currently consolidating above the key $8,900 and $9,000 support levels.There is a connecting bullish trend line forming with support near $9,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to rise again as long as there is no close below the $9,100 and $9,000 supports.Bitcoin price is trading with a positive bias above $9,000 against the US...
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