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Bitcoin Could Plunge to Sub-$10,000 Before Rocketing Higher; Here’s Why

Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […] дальше »

2020-8-28 02:00


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Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff

Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […] дальше »

2020-8-27 02:00


The Internal Revenue Service (IRS) Sends Out ‘Crypto Tax Compliance’ Letters To Investors

The U.S. Internal Revenue Service (IRS) is once again sending out letters to cryptocurrency investors notifying them to pay their taxes and those that haven’t filed their taxes correctly. The taxman is increasing its efforts in collecting crypto transaction taxes, and those yet to file could be subject to “future civil and criminal enforcement activity. […] дальше »

2020-8-26 16:21


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98% Of Trading Volume On Popular Crypto Exchanges Highly Suspected Of Wash Trading- New Research

A new report on wash trading activity on various crypto exchanges states that there is strong evidence to support that up to 98% of trading activity on some exchanges could be fake. The research conducted by Blockchain Research Lab analyzed existing data on 12 popular exchanges using key metrics such as web traffic, wallet sizes, […] дальше »

2020-8-26 13:47


Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »

2020-8-25 02:00


Boston Federal Reserve Seeks Top Blockchain Networks That Could Support A Digital Dollar

The Federal Reserve Bank of Boston partnership with Massachusetts Institute of Technology (MIT) is currently testing over 30 blockchain projects to find the best one for a digital dollar. The tests aim at finding an already established project instead of building it from scratch with the Fed looking for a stable, secure, and scalable blockchain […] дальше »

2020-8-25 23:44


Bitcoin Shooting Star Could Put an End to the Uptrend

During the week of Aug 17-24, the Bitcoin (BTC) price created a shooting star candlestick inside a long-term resistance area. This is a sign that the bullish trend might have come to an end. Bitcoin Weekly Outlook Bitcoin has been increasing at an accelerated rate since the week of July 20, creating four consecutive bullish […] The post Bitcoin Shooting Star Could Put an End to the Uptrend appeared first on BeInCrypto. дальше »

2020-8-24 12:28