Tag Archives: News

According to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space.Chainalysis: We’re Seeing Bigger Institutional TradesIt is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency. For bitcoin to be mainstream, professional traders need to use it, store it and sell it. However, it’s widely whispered that...

According to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold.JPMorgan: Young People Like BTC, Older Ones Like GoldBoth bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time of writing – the highest it’s been in about a year – while gold has hit $2,000 per ounce.In a recent statement, persons associated with JPMorgan commented:The two...

Bitcoin has shot past the $11,600 mark and is now just shy of trading for $11,700. $300 more to go and bitcoin can reach $12,000, which is considered a serious level for the world’s number one digital currency by market cap.Bitcoin Continues to Shoot UpSome analysts believe that this is the start of something quite big, though it may be a bit early for bitcoin fans to break out the champagne. While things are going well for bitcoin, there are still some serious resistance points that the...

Bitcoin experienced a rough period earlier in the year, but at press time, the currency is trading for just under $11,700, and is at the highest point its been in roughly one year.Bitcoin Is At Its Strongest Point in 12 Months2019 was relatively shaky for the world’s leading cryptocurrency, trudging along during the first three months of that year before spiking into the $5,000 range by the time April came along. By mid-summer, the currency had shot up to well over $13,000, but eventually...

It’s happened again, folks. Another cryptocurrency trading platform has been compromised by unseen malicious actors. This time, the victim is 2gether, a European crypto exchange that allows people to sell, buy and trade bitcoin and other digital currencies without incurring additional fees.2gether Is the Latest Exchange to Be CompromisedThe hackers made off with more than one million pounds-worth of digital assets. 2gether’s native coin, known as the 2GT token, was set to be released to the...

Cryptocurrency exchange Bitfinex is looking for a little help in recovering more than $1 billion in stolen bitcoin funds.Bitfinex: We Need Your Assistance!The company saw more than $1.3 billion in crypto mysteriously vanish from its platform in the year 2016. After four long years, the exchange is no closer to recovering the funds. Executives are hoping someone involved in the theft or someone with knowledge of the incident will come forward and lending a hand. Those that do will be privy to...

Roughly two weeks ago, the world was shocked to learn that several high-profile Twitter accounts had been hijacked for the purpose of gaining access to bitcoin. Now, it looks like the same scam is being pulled on YouTube, with a few noticeable differences.YouTube and Twitter Are Seeing SimilaritiesTwitter experienced a massive breach that saw the accounts of several individuals – including former president Barack Obama, his vice president Joe Biden, SpaceX and Tesla CEO Elon Musk and...

ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...

Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...

Bitcoin is in a relatively strange position at the time of writing, but according to Plan B – a crypto analyst on Twitter – the currency is presently slated to take $100,000 within the next four years.Plan B Is Confident in Bitcoin’s FutureThe currency has hit something of a snag over the past 48 hours. Bitcoin was initially doing quite well last week, surging beyond both $10,000 and $11,000 respectively, and many believed that $12K would soon be within the leading cryptocurrency’s...