Over the past days, Bitcoin had gone through sideways price action, flirting with the range between $9500 and $9900.The breakout of the $10,000 target is remarkably close. However, it also feels close as well to a massive price dump. Remember, from a technical point of view, the fact that Bitcoin so far fails to break the $10K benchmark level, along with the declining amount of volume means that every tryout becomes weaker.The Golden Cross Is HereA Golden Cross is a long-term bullish signal,...
Read More »$1.8 Million Cryptocurrency Lawsuit Against AT&T Will Move Forward, Judge Rules
The American telecommunication company AT&T received a blow this week, as a US judge rejected a motion to dismiss a lawsuit against the firm. Last year, a California resident filed a complaint alleging AT&T of wittingly assisting hackers in a SIM Swap attack that robbed him of 1.8m worth of various cryptocurrencies.AT&T’s Motion RejectedSeth Shapiro filed a complaint last year against the large telecommunication company. It claimed that employees from AT&T had helped hackers...
Read More »John McAfee Explains GHOST Plagiarism Comparing It To Bitcoin to BCH Forks
After announcing plans to launch a new privacy coin called GHOST, John McAfee has received numerous accusations of plagiarizing the whitepaper.The popular cryptocurrency proponent responded today to the emanated controversy, calling it a “storm in a teacup.”GHOST ControversyAs CryptoPotato reported in mid-April, the former anti-virus software tycoon announced the upcoming launch of the new privacy coin GHOST. Outside of the website promising fast, cheap, and entirely anonymous transactions,...
Read More »Twitter CEO Jack Dorsey Stacking Sats: Square Cash App Recurring Bitcoin Buys
Twitter CEO Jack Dorsey showed off the ability of the Square Cash app to make daily, weekly, and bi-weekly recurring Bitcoin purchases on May 18. The Square CEO also announced that Cash App users can now view the value of their funds in Satoshis – the ‘cent’ to Bitcoin’s dollar. Jack Dorsey – Stacking Sats Dorsey informed his 4.5 million Twitter followers: “You can now do automatic recurring purchases of Bitcoin in Cash App. Daily, weekly, or every two weeks. And change the display to...
Read More »Institutional Interest: Grayscale Bought 33% of All Bitcoins Mined Over The Past 100 Days
The Grayscale Investments has increased its Bitcoin holdings by 60,000 coins in the past 100 days – equal to roughly one-third of all Bitcoin produced at that time.Given that 88% of Grayscale’s customers fall into the institutional category, this latest finding could be a bullish indicator of how the business class views Bitcoin.Grayscale Rapidly Increasing Bitcoin HoldingsIndependent research posted to a cryptocurrency sub-Reddit tracked the number of Bitcoins in the Grayscale Bitcoin Trust...
Read More »Bakkt Expands Loyalty Program, Increases Insurance Coverage, and Onboards 70 New Clients
Bakkt, the Bitcoin futures contract platform of the Intercontinental Exchange (ICE), has partnered with an insurance broker to increase its coverage by an additional $500m. The company also announced the onboarding of 70 new institutional clients and the expansion of its loyalty program.Bakkt Increased Its Insurance CoverageEarlier today, Bakkt’s President Adam White shared a blog post regarding the latest developments coming from the firm. Firstly, Bakkt has partnered with Marsh – one of the...
Read More »J.K. Rowling Will Probably Never Tweet About Bitcoin Again
The author of the beloved Harry Potter books, J.K. Rowling, recently asked crypto Twitter to explain Bitcoin to her. Needless to say, hundreds of leading community members answered, including some of the most influential cryptocurrency proponents like Changpeng Zhao, Vitalik Buterin, and even Elon Musk. However, the renowned author had her fair share of informational inflow as she vowed never to be “flippant about Bitcoin on Twitter.” J.K. Rowling Had Enough of Bitcoin As CryptoPotato...
Read More »Chamath Palihapitiya And Steve Ballmer Names Involved In Fake Bitcoin Giveaways On YouTube
Founder and CEO of Social Capital, Chamath Palihapitiya, and current Los Angeles Clippers owner Steve Ballmer were the latest popular individuals to had their names involved in fake Bitcoin giveaways on YouTube.With the rising number of similar scams on social media platforms, the question remains on the potential consequences on the community and legitimate cryptocurrency content creators.Steve Ballmer. Photo by: CBSsportsFake Bitcoin Giveaways ContinueDuring the weekend, scammers...
Read More »Bitcoin Price Analysis: Another Failure At $10,000 – Is It a Matter Of Time, Or a Wild Dump Below $9K Incoming?
Bitcoin wakes up to a new week following a volatile weekend: After reaching down to $9100 on Friday, the following two weekend days were quite bullish for the primary cryptocurrency.Bitcoin regained position, and since the Friday’s low, the price had been climbing nicely to the same devastating resistance area below the $10,000 mark.However, as of writing these lines, the price quickly rejected and plunged below the $9600 zone. This Is the third attempt to break the benchmark level over the...
Read More »Bitcoin Price With Another Attempt At $10,000 As Altcoins Start Waking Up
Bitcoin took another shot at $10,000 today as its price reached $9,960 on Binance. However, unlike the previous times, altcoins are looking to regain their strength as they managed to chip more than 1% of BTC’s dominance in the past few days.Bitcoin Price Takes Another Swing At $10,000Volatility doesn’t seem to fade in the crypto market as Bitcoin made another attempt to reach the coveted $10,000 mark less than a couple of hours ago.The price reached $9,960 on Binance before retracing to...
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