We do not negotiate with terrorists… This is the bedrock principle of countries like the United States. We’ve heard these words uttered in several movies and even political briefings, and now the idea of staying vigilant in times of strife appears to be edging its way into the minds of several other nations, including Argentina.Argentina Doesn’t Want to Give Up Its BitcoinRecently, the South American country had a little problem with cyberhackers. The country’s national migration agency was...
Read More »Not Every Analyst Is Convinced That Bitcoin Is Bearish as of Late
As many traders have likely witnessed by now, bitcoin has endured a harsh period of struggle as of late. The currency was initially trading for just over the $12,000 mark at the end of August but has since lost about $2,000 off its price to fall into the low $10,000 range.Has Bitcoin Really Been Falling Hard?It’s a sad time for many bitcoin enthusiasts, though there are several analysts out there that think the recently bearish trends affecting bitcoin aren’t that bad. Even though many...
Read More »Bitcoin Gets Small Boost from Ledger X Futures
Bitcoin has been incurring small gains here and there, though this is nothing to be terribly excited about just yet. The currency has been working to bring itself back up to the top of the financial ladder. The problem is that it’s happening at a snail’s pace.Bitcoin Is Moving Up Very SlowlyRecently, the currency had fallen all the way down to the $10,100 range. From there, it’s risen by about $100 a day to finally reach today’s current price of around $10,400. At this rate, granted bitcoin...
Read More »The Digital Currency Group Just Purchased London-Based Exchange Luno
The Digital Currency Group (DCG) just got a whole lot bigger and is now a global enterprise with its latest purchase of Luno, a digital currency exchange based in the UK.Luno Is Now a Part of the Growing Digital Currency GroupDCG is already a major firm considering it owns the institutional crypto trading platform Grayscale. Just a few months ago, the company posted more than $1 billion in trades for its second quarter, meaning that customers had to be trading more than $300 million each...
Read More »Steven Parker: Bitcoin Can’t Exist without Some Form of Regulation
Bitcoin regulation has always been a rather controversial subject. On the one hand, the cryptocurrency is designed to stand alone and give people the chance to garner financial independence. However, if there is no regulation whatsoever for the world’s number one digital currency by market cap, things could wind up very bad with the space, and cybercrime and other malicious activity could continue to meander throughout the arena without limits.Steven Parker: Bitcoin Must Be Regulated...
Read More »Kraken: The Bitcoin Dip Is About to Get a Lot Worse
As of late, bitcoin has not been the crypto space’s top performing coin. In fact, over the past few weeks, BTC has lost roughly $2,000 from its price, falling from about $12K to the low $10,000 range. According to San Francisco-based digital trading exchange Kraken, things could potentially get a lot worse for the world’s number one digital currency by market cap.Kraken: Things Will Not Be Good This SeptemberIn a recent report, Kraken reminded all traders and investors that September is,...
Read More »EOS Price Analysis: Positive Signs Emerge Above $2.7
EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Fresh Bullish Breakout Likely Above $50
Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar.LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $49.50 and $50.00 resistance levels to move into a positive zone.Litecoin price is currently...
Read More »Gemini Exchange Partners with Options for Added Security and Management
Options – which provides cloud services to financial firms all over the world – has announced it will be entering the crypto foray through its new client the Gemini Exchange in New York.The Gemini Exchange Is Becoming More Safe and SecureOptions has tied itself to monetary systems and companies across the globe. Among the services it offers are management solutions, market hosting, TCO reduction and top-of-the-line cybersecurity. Thus far, the company can claim more than 40 clients situated...
Read More »How a Phone Seller in Africa Changed His Business with BTC
Bitcoin is once again proving itself to be a major commodity on the continent of Africa. One small business owner – Abolaji Odunjo – can offer a testament to the cryptocurrency’s power. As a mobile phone provider, he recently did the unthinkable… He began paying his phone suppliers in bitcoin.Africa Continues to Remain Attractive to BTC EnthusiastsAt first, this might seem like a very risky move for both parties involved. For one thing, bitcoin remains very volatile, which means there’s...
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