Tag Archives: News

Crypto investor Mike Novogratz says that big things will happen for bitcoin this year.Mike Novogratz: BTC Will Hit a New All-Time HighIn a recent interview with CNBC, he commented that the currency could exit 2020 having hit a new all-time high. The previous record for bitcoin is just shy of $20,000, which the world’s number one cryptocurrency by market cap reached at the end of 2017. He’s confident that in approximately ten months, the currency will strike an even higher range.He...

Uh-oh. Is bitcoin suddenly beginning to lose its momentum?Could Bitcoin Be Heading for Oblivion?The world’s number one cryptocurrency by market cap has started the day off at just over $9,900. This means that the currency has dropped by more than $400 over the past 24 hours. It’s got a lot of people worried considering just how well bitcoin has been doing for the past week.Not long ago, BTC jumped beyond the $10,000 mark. Many believed that this was a sign of great things to come – that...

Bitcoin expert has compared coronavirus trends with the possible Bitcoin price movement and claimed that the stochastic modeling and other tools work perfectly in this case.Balaji Srinivasan, who used to work at Coinbase and now writes for Nakamoto.com, claims that Bitcoin price can hit $100,000 after striking twice the important psychological level of $10,000.The Nakamoto.com analyst claims that Bitcoin’s rally is pretty predictable if you look at the stats under a certain angle. Whether...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Wells Fargo is making a major “donation” to the cryptocurrency community. The venture division of one of the world’s largest and most prominent banking institutions is putting $5 million into a startup called Elliptic, which is dedicated to providing risk management solutions for cryptocurrencies.Wells Fargo Is Pushing Crypto FurtherIn a statement, James Smith – the CEO of Elliptic – explained:We are proud to announce Wells Fargo’s investment in Elliptic. The partnership with our bank...

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

Bitcoin payments need to become more prominent if the cryptocurrency is ever to reach mainstream status. Block Fi has recently developed a new mobile payments solution that could potentially make bitcoin payments a normal, everyday thing.Block Fi Develops New Crypto Banking ServiceOne of the big problems surrounding bitcoin and other cryptocurrencies is that many companies have been reluctant to accept them as means of payment. Thanks to their volatility and price swings, many enterprises and...

The Department of Justice (DOJ) has brought forth its first case regarding the crime of bitcoin and crypto mixing. 36-year-old Larry Harmon of Akron, Ohio, has been charged with operating a company known as Helix, a dark web marketplace designed to “clean” illicitly garnered cryptocurrencies by mixing them with others.Harmon Has Been Operating Helix for Some TimeThe process can be somewhat complicated depending on how large the initial sum is. If you have several bitcoins, or you were...

Binance through its official blog page has outlined its future vision and mission as an open platform through which other businesses can use to grow.Binance has announced through its blog page that it’s working to build its company as an open platform in the future. According to the blog post, the crypto exchange, which offers both centralized and decentralized blockchain services, is working to make the company more decentralized to give access and freedom to its users.The crypto exchange...

It looks like bitcoin ATMs are becoming far more popular. Companies like Coinsource, which provides bitcoin ATMs to regions throughout the U.S., claims it earned more than $50 million in 2019, more than double what it garnered during the previous year, and things are only looking up.Coinsource Is Giving the Crypto ATM Arena the Boost It NeedsOne of the reasons Coinsource is experiencing such growth is likely due to its latest tactic of going to standard fiat ATM providers and helping them to...