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A selection of the latest Bitcoin news and blog posts.
Bitcoin price holding above $10000 despite bearish movements Bitcoin price has been in a weird state of decay, where it is unable to break past the ten thousand five hundred dollars mark it is also not stepping below the ten thousand dollars mark.
CNBC Analyst Explains Why He is Bearish on Bitcoin Earlier this week CNBC Fast Money host Brian Kelly said he is short-term bearish on Bitcoin price based on a drop in daily active addresses. Does this mean BTC will drop lower? Bitcoin has spent the last week bobbing and weaving at the $10K line.
Is Litecoin Mining Profitable for an 'Average Miner'? The discussion on Litecoin mining power has been of paramount importance because of the reduction of rewards to the miners. Litecoin halving occurred on 5th August 2019. Around two weeks after the halving the mining power has reduced by about 30%, increasing the block time for Litecoin.
Bitcoin History Part 16: The First Mt. Gox Hack No one remembers the first Mount Gox hack. It was a small sum, even by 2011's standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day.
Send Token Payouts With Ease Using Bitcoin.com's SLP Dividend Calculator Bitcoin.com released a new tool called the SLP Dividend Calculator that allows users to make dividend payments to any SLP token holder.
Why You Should Use Cryptocurrencies Cryptocurrencies are great alternative to using conventional forms of payment. They prove to be very valuable when making financial transactions due to many reasons. All forms of cryptocurrencies are growing and becoming more popular all across the globe.
Ways You Can Make Money From the Comfort of Your Own Home Every single one of us that roams around on this planet is interested in bringing in money. Some are well into the idea of making as much as possible so that they can bask in all of the success. Others are just happy to make a little in order to pay the bills and live a quiet, comfortable life.
Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops 24 - crypto markets continued to see red today as Bitcoin has dipped below $10,000 price mark several times over the past 12 hours. Only two out of the top-20 coins by market cap are seeing gains over the past 24 hours at press time, including Cardano and NEO, which are up 1.3% and 2.6%, respectively.
Initiative to Curtail Negative Interest Rates Gains Traction in Germany Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers.
Bitcoin Aims to Break Down the Supporting Triangle Formation and $10K: Huge Plunge Coming? BTC Price Analysis Over the past ten days, we have seen Bitcoin trading inside a very tight price range between ~$9400 and ~$10,800. This range is also forming a horizontal triangle pattern whose apex is rapidly nearing, seemingly mere days away.
"Risk-Off, Bitcoin Up", says Max Keiser, as Trump 'Calls Havoc' on the Economy The United States' President made a huge announcement on Friday. It has caused major unrest in the global economy. The day saw heightened tension between the two nations - the United States and China. While China escalated the trade tensions by imposing tariffs on $75 billion worth American goods.
Each Bitcoin bull market started with miner capitulation, says researcher Mining difficulty could be an indicator for predicting BTC prices. All three of the major bull runs in Bitcoin's history started after mining difficulty reached its bottom, meaning the market could see robust gains this year, says crypto researcher PlanB.
US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme 23 that 25-year-old Kunal Kalra has pleaded guilty to charges including money laundering and distributing methamphetamines. Per the report, he could be sentenced to life in prison.
Bitcoin Bull John McAfee Shills Zombie ICO: 'You've Been Warned' By CCN Markets: Bitcoin bull and IRS fugitive John McAfee is shamelessly shilling a Chinese zombie cryptocurrency ICO - and he doesn't want to hear any lip about it. The hilarity erupted this morning when McAfee tweeted that he had accepted an advisory position with China Zombie to create and promote their CZ Coin.
The White House Just Blamed Bitcoin for America's Opiate Crisis The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it's painfully clear that the U.S.
Crypto Adoption: Australia Grants Financial Services License to This Crypto Company Living Room of Satoshi is the first Bitcoin company in Australia which has been granted an Australian Financial Services License. LRoS officially broke out this announcement on August 22, claiming itself as the "first bitcoin company in the burgeoning Australian cryptocurrency industry" to get this license.
In Berlin, A 'DAO Renaissance' Begins New tools and the rise of DeFi have made decentralized autonomous organizations, or DAOs, newly attractive to ethereum's top developers.
Mark Carney's Dollar-Killer Digital Currency Threatens Bitcoin Mark Carney's proposal of a digital currency replacing the dollar doesn't give bitcoin investors much reason to celebrate as the central banker is not a fan of unregulated cryptocurrencies.
If Bitcoin Collapses, Buy The Dow; Libra Boosts Crypto Firm For Central Banks And if the latter happens, here's why you might want to make a quick move into stocks. But despite this uncertain future, bitcoin's market dominance-a measure of its value compared to the wider cryptocurrency market-may be more than 90%, according to new research.
FTC Settles With Promoters of Multi-Level Marketing Crypto Scheme Chandler is ordered to pay $31,000. It is unconfirmed whether Gatto will pay a settlement for his involvement in the chain referral schemes. In 2018, the FTC successfully petitioned the court to freeze the fraudster's assets. The U.S. regulator also asked the court to order the defendants to stop working together or creating new business entities.
Crypto Funds Are Outperforming - You Shouldn't Be Surprised Crypto funds collectively returned a relatively underwhelming 1,000 percent. Sure, these funds returned more in 2017 than traditional hedge funds have in the past 20 years. But everything is relative. And relative to top cryptocurrencies, crypto funds had a disappointing year.
The Nasdaq Remains Relatively Strong From A Technical Perspective Commenting on today's trading looking at the fundamental and technical perspective, Gorilla Trades strategist Ken Berman said:. The major indices treaded water today ahead of the Fed's highly-anticipated symposium, erasing a brief, but sharp morning dip in the second half of the session.
Investors have been plowing money into bitcoin since the start of the US-China trade war "Bitcoin, by comparison, shares similar characteristics to gold in that there will only ever be a finite amount in existence, it's decentralized, its price is not affected by inflation, and it has the added benefit over gold of lower storage costs." Bitcoin remains a more volatile asset than gold and faces additional risks, Peters said.
Bitcoin Price Analysis: BTC Got Ahead Of Itself-CNBC's Brian Kelly Turns Bearish The post Bitcoin Price Analysis: BTC Got Ahead Of Itself-CNBC's Brian Kelly Turns Bearish appeared first on Coingape.
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