Tag Archives: News

Peer-to-peer (P2P) bitcoin trading platform Paxful has announced it is joining hands with popular South Korean cryptocurrency exchange Bithumb Global, arguably one of the largest and most influential exchanges throughout the country.Bithumb and Paxful Are Now Working TogetherThanks to this new partnership, Paxful will have access to more customers in Asia. Bithumb currently boasts roughly one million mobile app users and eight million registered exchange users. In addition, the company...

New research is suggesting that if a second round of stimulus checks are approved, the bitcoin price is likely to react positively.More Stimulus = Higher BitcoinWhen the coronavirus pandemic first struck global markets in March of this year, bitcoin sunk down to the high $3,000 range. The asset struggled to make a name for itself the way cash and stocks did, with the former struggling due to inflation. However, many people, over time, began to see bitcoin in an entirely new light, feeling...

Goldman Sachs hasn’t always been kind to bitcoin, but according to a former Goldman Sachs hedge fund manager – Raoul Pal – the price of bitcoin is likely to skyrocket relatively soon, and he predicts a $1 million price for bitcoin in about five years.Raoul Pal – Bitcoin Will Explode in Five YearsAt first glance, most analysts are probably hoping this isn’t a joke, and that Pal can be taken seriously. After all, it’s not like this is the first million-dollar prediction that’s headed bitcoin’s...

Could bitcoin ever become a fully accepted asset across the globe? According to some analysts, that’s exactly what’s about to happen.Bitcoin Is Going to Grow Like CrazyIt’s always been the dream of Satoshi Nakamoto – the alleged creator of bitcoin and its respective technology – and fans of the cryptocurrency that bitcoin would be as widely accepted as cash, gold and stock shares. However, this hasn’t always been the case.For one thing, the asset has received mixed signals from regulators,...

It looks like the bitcoin price is at its highest point since early September, and the bearish markings left over by that month are finally starting to dissipate.Bitcoin Has Beaten Its Present ResistanceThe currency saw its price fall into the low $10,000 range roughly 45 days ago, but now things are beginning to pick up speed. Naturally, many analysts and industry experts are beginning to go back and forth regarding what could potentially be bringing life back to bitcoin. Joe DiPasquale –...

Bitcoin cash price is trading nicely above the $235 and $245 resistance levels against the US Dollar.The price traded to a new monthly high at $266 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $245 support zone.Bitcoin cash price started a strong increase and it even broke...

According to popular cryptocurrency exchange Kraken, the price of bitcoin could find itself 11 percent higher by the end of October.Kraken: This Will Be a Good Month for BTCThe San Francisco-based trading platform has recently released its September report, which suggests that this month’s price could jump by an additional ten percent. This marks a complete reversal from where bitcoin stood just last month. September is typically the worst-performing month for bitcoin each year. By contrast,...

News of institutions getting more involved in crypto appears to be pushing the bitcoin price to new heights.Bitcoin Is Surging Unlike Any Other AssetThings started out last month when it was announced that MicroStrategy had purchased roughly $400 million or more in bitcoin. From there, other companies began to follow suit. For example, Square – a digital payment firm – bought roughly $50 million worth of the world’s number one digital currency by market cap, while Stone Ridge also invested...

A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...

EOS started a downside correction after it failed to clear the $2.720 level against the US Dollar.The price is currently facing hurdles near $2.650 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its upward move above $2.650 or decline further towards the $2.500 support.EOS price is struggling to gain pace above $2.700 against the...