Tag Archives: Cryptocurrency News

Bitcoin shows signs of a pump-and-dump scheme.A renowned analyst says BTC is dying.Despite the bearish sentiment, countries around the world want to allow investors to trade the pioneer cryptocurrency.On Oct. 25, Chinese President Xi Jinping addressed the nation about the “important role [that blockchain technology would play] in the next round of technological innovation and industrial transformation.” He declared that his administration would focus on getting China to “take the leading...

The value of cryptocurrencies is constantly fluctuating, but that doesn’t stop people and businesses from using them to conduct money transactions.Nowadays, you can use Bitcoin – the cryptocurrency that started everything – on Amazon, gambling venues such as the Sloto Cash online casino, and as of late – Airbnb as well.On November 11th, it was announced that Fold now supports payments to Airbnb, allowing people to book stays while enjoying some extra benefits.According to ads, Fold users will...

Facebook CEO Mark Zuckerberg and board member Peter Thiel met secretly with President Trump in October.The purpose of the meeting – and why it wasn’t disclosed by the White House – remains unknown.After Facebook revealed the meeting had taken place, Democrats dragged Zuckerberg on Twitter.President Donald Trump invited Facebook CEO Mark Zuckerberg and board member Peter Thiel to a White House dinner in October, but didn’t disclose the meeting to the public.Facebook told NBC News about the...

The bitcoin price crashed through another vital support level on Thursday.BTC has now plunged nearly 50% from its mid-year zenith.A legendary bitcoin trader says that this time, it’s “dying” for good.The bitcoin price crashed through another vital support level on Thursday, hastening a decline that has seen the leading cryptocurrency fall nearly 50% from its yearly high.Bitcoin has recovered from these punishing reversals before, but one legendary trader predicts that this time will be...

A research report published by cryptocurrency firm Coinshares shows millennials’ increasing lack of trust in fiat currencies.A number of countries witnessed massive inflation in 2018, further hurting confidence in fiat.Google search for terms “bitcoin” and “cryptocurrency” increased at the same time and coincided with a surge in market cap cryptocurrencies.Last week, British cryptocurrency research firm Coinshares published its ‘Crypto Trends Report’. Their research, coupled with the report...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe Bitcoin miners become fewerThe BTC cannot replace the dollar — LaneOn W1, the Bitcoin is developing another impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth, balancing the price. It might be that we will not see any new impulse of growth until the minimum is renewed. The bearish behavior of the price is aimed at 61.8% ($7230.00) and 76.0% (5700.00)...

Bitcoin’s price action has been bearish as of late.Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon.Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels.To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement. The number one cryptocurrency is now trading below $8,000. The chart looks ugly and it gives very little reason to be bullish.A full-time trader illustrating why it bitcoin is...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...

Ray Dalio suggests the current economic climate will lead to a ‘new world order’ similar to post WWII.The next recession will cause national leaders to come together to solve a new world crisis.Dalio is an outspoken crypto skeptic but could he be a secret Bitcoin hodler?Billionaire hedge fund guru Ray Dalio is in China speaking at Bloomberg’s New Economy Forum. Despite being an outspoken critic of cryptocurrency, his latest economic musings sound like a massive endorsement for Bitcoin.The...

Coinspeaker The People’s Bank of China Set to Create New Standards for Fintech and Blockchain The People's Bank of China has a plan to create a new set of standards for both fintech and blockchain industries in the nearest future. The People’s Bank of China Set to Create New Standards for Fintech and Blockchain Continue reading at Coinspeaker