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Cryptocurrency News Roundup for May 21, 2020
It looks like the unfounded rumor involving Satoshi Nakamoto that pushed the BTC price back to the mid-$9,000s from an intraday high of $9,800+ on Wednesday ended up doing more damage than initially anticipated. дальше »
2020-5-22 12:08 | |
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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000
After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […] дальше »
2020-5-22 21:43 | |
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Fundamental Factors Could Drive Huge Bitcoin Demand, Making $14,000 Possible
After poising to decisively retake $10,000 last week, Bitcoin crashed on Wednesday. The cryptocurrency, due to fears that pseudonymous coder Satoshi Nakamoto was dumping his coins, plunged from $9,800 to $9,100 in a move that liquidated dozens of millions. дальше »
2020-5-21 15:00 | |
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7% Bitcoin Drop on Satoshi Fears Shows Why Ethereum Is Dangerous to Own
Bitcoin sustained a strong 7% drop ($9,800 to $9,100) on Wednesday after trading in a holding pattern around $9,800 for multiple days in succession. The leading crypto’s drop coincided with news that one of the first few thousand BTC addresses just made its first transaction. дальше »
2020-5-21 13:00 | |
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Cryptocurrency News Roundup for May 20, 2020
Following a relatively steady start, Bitcoin suddenly shed more than $200 in 30 minutes on Wednesday. The cause of the sudden plunge is believed to be an unfounded rumor involving Satoshi Nakamoto, the elusive Bitcoin creator. дальше »
2020-5-22 11:48 | |
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$500 Bitcoin Price Crash Is Setting the Stage for a Bigger Drop; Here’s Why
Bitcoin endured a surprising sell-off on Wednesday after a mysterious entity moved 40 BTC from an address that has been inactive for a decade. Twitter account “Whale Alert” first speculated that the older Bitcoin wallet potentially belongs to Satoshi Nakamoto, who has 1. дальше »
2020-5-21 07:46 | |
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Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009
On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. дальше »
2020-5-21 06:39 | |
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TRON Will Seize $5 Million Steem From Dissident Tokenholders
Steem, a popular blockchain and social blogging platform, will undergo a hard fork on Wednesday to shut down accounts that object to TRON’s leadership, seizing about $5 million in STEEM in... The post TRON Will Seize $5 Million Steem From Dissident Tokenholders appeared first on Crypto Briefing. дальше »
2020-5-21 01:41 | |
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Bitfinex Partners With Koine to Offer Institution-Grade Crypto Custody to Clients
The digital asset trading platform Bitfinex has closed a partnership with Koine to provide the exchange’s customers institutional-grade digital asset custody services. Koine made the announcement of its new partnership on Wednesday. дальше »
2020-5-16 22:21 | |
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Cryptocurrency News Roundup for May 13, 2020
Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200. дальше »
2020-5-14 12:20 | |
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Bitcoin Edges Higher on Additional $3 Trillion Stimulus Hopes
Bitcoin surged by almost 600 points Wednesday after Federal Reserve Chairman Jerome Powell said additional fiscal stimulus is “worth it” to protect the economy. The benchmark cryptocurrency, while rising, broke its correlation intraday with the U. дальше »
2020-5-14 08:24 | |
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Why Bitcoin Breaking Past $9,000 Is Just the Start of a Booming Bull Trend
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback. The comeback culminated in a surge past the key $9,000 resistance on Wednesday, seen on the right-hand side of the chart below. дальше »
2020-5-14 22:32 | |
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Fed Chairman Powell Calls for More Fiscal Support as Recovery will be Slow, Rules Out Negative Rates
Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs. дальше »
2020-5-13 19:55 | |
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Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls. дальше »
2020-5-13 15:00 | |
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Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. дальше »
2020-5-8 06:04 | |
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Bitcoin Just Surged to $10,000: Here’s What Analysts Think Comes Next
Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks. After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the surge past $10,000 just... дальше »
2020-5-8 02:28 | |
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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020
Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. дальше »
2020-5-7 17:07 | |
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Libra Association Appoints Former Obama Under Secretary As Its First CEO
Facebook-led Libra Association announced on Wednesday the appointment of Stuart Levey as its CEO. Levey served as Obama’s Under Secretary for Terrorism and Financial Intelligence and will now be joining the Libra Association as its very first Chief Executive Officer. дальше »
2020-5-7 07:21 | |
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ErisX Subsidiary Scores BitLicense From New York Regulators
The New York State Department of Financial Services (NYDFS) granted its BitLicense and money transmitter license to Eris Clearing LLC, the clearing and settlement division of ErisX. ErisX Clearing LLC Now Licensed Money Transmitter ErisX announced the news of the approval of the BitLicense on Wednesday (May 6, 2020). дальше »
2020-5-7 07:14 | |
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Dow Futures Wobble as Shaky Investors Opt for King Dollar
Dow futures reversed losses Wednesday night, but gains were limited as investors navigated a minefield of dismal economic data and corporate earnings. The post Dow Futures Wobble as Shaky Investors Opt for King Dollar appeared first on CCN.com дальше »
2020-5-7 04:08 | |
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The Dow Is Paralyzed Because Stock Market Bulls Ran Out of Good News
The Dow Jones was paralyzed on Wednesday as the U.S. stock market ran out of fuel after an incredible bounce from its yearly lows. The post The Dow Is Paralyzed Because Stock Market Bulls Ran Out of Good News appeared first on CCN.com дальше »
2020-5-7 22:15 | |
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Jimmy Song Says The Best Days Lie Ahead For Bitcoin Investors As BTC Tops $9.2K
The Bitcoin price surged past the significant $9k level again on Wednesday as traders remain optimistic about the price of the top cryptocurrency after the halving that is in five days. The flagship cryptocurrency surpassed $9,200 after gaining approximately 3. дальше »
2020-5-7 19:04 | |
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Traders Flee Top Crypto Tokens for Bitcoin Ahead of Halving
All the top crypto tokens fell against Bitcoin this Wednesday but recorded gains in the US dollar-enabled markets. High-cap altcoins have logged negative returns in May 2020, right ahead of Bitcoin’s much-awaited mining reward halving. дальше »
2020-5-7 17:00 | |
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Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session
Bitcoin topped at $9,300 for the first time in a week on “halving FOMO. ” The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday’s open on Wall Street. дальше »
2020-5-7 15:00 | |
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Bitcoin Just Surged Past $9k: Here’s Why Analysts Think More Upside Is Imminent
After trading below $9,000 ever since the blow-off top on Wednesday, Bitcoin has been subject to a strong recovery over the past couple of days, culminating in a breakout seen this past hour. The cryptocurrency, as of the time of this article’s writing, is trading for $9,150 — more than 9% higher than the post-rally... дальше »
2020-5-3 07:00 | |
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Bitcoin Price Rises 17% but History Suggests Losses Could Follow
The Bitcoin price pumped hard on Wednesday, reaching a local high of more than $9,400 on some exchanges. The price move is among Bitcoin’s largest ever single-day upswings by dollar value. There have been a total of 14 days before now that saw the Bitcoin price gain more than $1,000 in just 24 hours. дальше »
2020-5-1 05:15 | |
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The Case For A Full-Blown Pre-Halving FOMO As Bitcoin Rally Stalls at $8.8k
Bitcoin has in the last 24 hours recorded an unprecedented jump. Starting in the early hours of Wednesday, the digital asset has climbed from its long term support of $7. 8K to reach as high as $9. 4K achieved a few hours ago. дальше »
2020-5-1 01:15 | |
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Bitcoin Has Outperformed All Other Major Asset Classes In 2020
On Wednesday, bitcoin bulls reawakened after the Fed promised to keep printing more money until the economy recuperates. The BTC price jumped by 13% from around $7,700 to over $8,750 within hours. Today, the cryptocurrency continued its winning streak as it surged to a two-month high at $9,400. дальше »
2020-5-1 22:21 | |
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Visa, MasterCard, and AmEx Stocks Rose on Wednesday but Are Down Nearly 1-2% Today
Coinspeaker Visa, MasterCard, and AmEx Stocks Rose on Wednesday but Are Down Nearly 1-2% TodayCredit card stocks, Visa (V), MasterCard (MA) and American Express (AXP) rose 5. 4%, 6. 6% and 6. дальше »
2020-5-1 17:27 | |
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Bitcoin Reclaims $9.2K as Fed’s Unexpected Stimulus Plans Ignite Demand
Bitcoin popped to fresh quarter highs Wednesday as the US Federal Reserve warned of a “medium-term” economic disaster. The central bank decided to maintain its benchmark lending rates near zero while calling for further stimulus support from Washington. дальше »
2020-4-30 07:08 | |
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This Rare Occurrence That Signaled Start of Bitcoin’s 300% 2019 Rally Is Back
Wednesday marked one of Bitcoin’s most powerful rallies in weeks. Within the span of just over 12 hours, the price of the leading cryptocurrency rocketed from $7,700 to a high of $9,000 — a dollar gain of $1,300 and a percentage gain of 17%. дальше »
2020-4-30 04:05 | |
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Facebook & Tesla Stocks Soar as Their CEOs Selfishly Exploit the Pandemic
Tesla & Facebook stocks surged Wednesday as Elon Musk & Mark Zuckerberg gave conflicting pandemic advice to benefit their bottom lines. The post Facebook & Tesla Stocks Soar as Their CEOs Selfishly Exploit the Pandemic appeared first on CCN.com дальше »
2020-4-30 03:54 | |
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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. дальше »
2020-4-30 01:00 | |
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Arweave 2.0 Gets File Storage Project One Step Closer to Its ‘Library of Alexandria’ Dreams
Arweave operates on the same idea as other blockchain-based file storage services such as Filecoin or Storj, but with far larger ambitions backed by new technical developments unveiled Wednesday as Arweave 2.0. дальше »
2020-4-30 21:00 | |
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Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11. 8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday. дальше »
2020-4-30 20:45 | |
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Bitcoin Just Flew to $8,400, Leaving $40M of BitMEX Destruction In Its Wake
Days of consolidation under $7,800 culminated an explosive move on Wednesday, which resulted in Bitcoin rallying from $7,700 to $8,400 within 12 hours’ time — an uptrend of nearly 10%. Bitcoin has seen an initial rejection at $8,400, a level of technical importance stretching back months, but it has held up well thus far at... дальше »
2020-4-29 17:41 | |
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Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday. дальше »
2020-4-29 16:23 | |
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Why Bitcoin Hit $8k Ahead of FOMC Update, Wiping Out Coronavirus Losses
Bitcoin closed above $8,000 this Wednesday, wiping all its Coronavirus-induced losses from mid-March. The cryptocurrency’s move uphill came ahead of Jerome Powell’s press conference at 1430 ET today. дальше »
2020-4-29 15:00 | |
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Cryptocurrency News Roundup for April 28, 2020
Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently trading […] The post Cryptocurrency News Roundup for April 28, 2020 appeared first on BeInCrypto. дальше »
2020-4-29 11:14 | |
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The Same Bitcoin Trigger that Sparked 239% Rally in April 2019 is Back
Bitcoin closed above a crucial resistance area Wednesday. The ceiling was instrumental in beginning a new bull run back in 2019, wherein the price surged by 239%. Traders’ optimism for bitcoin has peaked ahead of its mining reward halving in May 2020. дальше »
2020-4-29 08:11 | |
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3 Reasons Why Bitcoin Defied Bears, Suddenly Rallying 10% to $7,800
Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain. дальше »
2020-4-24 23:30 | |
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