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Bitfinex’s CTO responds to speculations of ‘Tether dump’ after treasury mints 150 million USDT
Tether treasury just got itself out of the whole Bitfinex fiasco. However, it is back in the news after it minted 150,000,000 USDT. Tether claims to have backed every USDT with the US Dollar. However, during its feud with the New York Attorney General, it was revealed that only 74% of Tether was backed by […] The post Bitfinex’s CTO responds to speculations of ‘Tether dump’ after treasury mints 150 million USDT appeared first on AMBCrypto. дальше »
2019-6-14 20:30 | |
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Bitcoin Futures Record Volume Reflects ‘Incremental’ Institutional Demand
Record Bitcoin futures volume in May is leading mainstream media to determine that Bitcoin is becoming a mature financial asset class. CME’s Half-Billion Dollar Bitcoin Market As Blockchain investor Oliver Isaacs noted June 13, CME Group’s Bitcoin futures set new records for both volume and open interest last month. дальше »
2019-6-13 13:00 | |
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Multi-Billion Crypto Manager Sees Next Halving Triggering Bitcoin Price Boom
By CCN: In the past six months, the bitcoin price has increased from around $4,000 to $8,000, recording a staggering 115 percent year-to-date gain against the U. S. dollar. Historically, the bitcoin price has tended to recover a year before and after the block reward halving, a mechanism that decreases the rate in which new bitcoin is produced by miners by half. дальше »
2019-6-7 16:14 | |
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Ethereum (ETH) Price Turns Short Term Bearish: Sell Rallies?
ETH price started a steady decline and broke the $252 support area against the US Dollar. The price traded towards the $230 level and formed a new swing low at $233. There is a major bearish trend line forming with resistance near $246 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-6-5 07:08 | |
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Binance Singapore Adds Two New Singapore Dollar Trading Pairs With Ethereum And Binance Coin
New Trading Pairs On Binance Singapore More Singapore dollar trading pairs have been added to Binance, these include pairs with the Binance Coin (BNB) and Ethereum (ETH). These new trading pairs (BNB/SGD and ETH/SGD ) will be added to the BTC/SGD trading pair which was the only pair enabled on the exchange when it first […] дальше »
2019-6-3 21:32 | |
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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price. дальше »
2019-6-4 19:03 | |
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Ethereum Price Targets $350 Despite Massive 10% Plunge in 24-hr Spiral
By CCN: Ethereum price(ETH) has depreciated more than 10-percent against the US dollar as the global cryptocurrency market undergoes a massive correction. The ETH-to-dollar dropped to $235. 44 on Coinbase as on May 30, 2100, UTC after rallying for five weeks consecutively. дальше »
2019-5-31 15:47 | |
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Ripple (XRP) Price Crashes Below Key Support: More Losses Possible
Ripple price traded to a new monthly high at $0. 4777 and recently declined sharply against the US dollar. The price broke the key $0. 4570 and $0. 4400 support levels to enter a bearish zone. This week’s crucial ascending channel was breached with support at $0. дальше »
2019-5-31 07:08 | |
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Ethereum (ETH) Price Reversed Gains: Support Turned Resistance
ETH price traded to a new 2019 high close to $290 and declined heavily against the US Dollar. The price reversed most its gains and traded below the $260 and $250 support levels. There was a break below a major bullish trend line with support at $266 on the hourly chart of ETH/USD (data feed. дальше »
2019-5-31 06:08 | |
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Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
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Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
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Ethereum (ETH) Price Resumes Upside: Can Bulls Break $280?
ETH price started a solid upward move after testing the $258 support area against the US Dollar. The price reversed most its losses, but it is still struggling to clear the $280 resistance area. There is a new connecting bullish trend line forming with support near $262 on the hourly chart of ETH/USD (data feed. дальше »
2019-5-30 06:08 | |
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Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker
Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the U. дальше »
2019-5-29 16:42 | |
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BTC Price Up Nearly 50% Since US Congressman Urged to ‘Ban Bitcoin’
Bitcoin price came off its more than 12-month high to drop 2 percent May 29 but traders and analysts alike are proving the BTC bull-run is anything but over. BTC FOMO Signs Pervade Markets Data from cryptocurrency exchange Bitstamp showed Bitcoin circling $8540 Wednesday, having reached as high as $8908 earlier in the week. дальше »
2019-5-29 14:30 | |
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Ripple (XRP) Price In Crucial Uptrend: Fresh Increase Likely
Ripple price rallied recently above the $0. 4240 and $0. 4500 resistance levels against the US dollar. The price traded to a new weekly high at $0. 4599 and it is currently correcting lower. There is a major bullish trend line forming with support at $0. дальше »
2019-5-29 07:08 | |
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Gemini Dollar stablecoin circulating supply mysteriously plummets as Huobi balances disappear
The circulating supply of the Winklevoss twins’ stablecoin Gemini Dollar (GUSD) is plummeting. From a peak market capitalization of more than $100 million in December of 2018, the coin recently hit new lows of $22 million. дальше »
2019-5-28 18:57 | |
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Bitcoin (BTC) Price Consolidating Gains: Primed To Break $9K
Bitcoin price rallied recently above the $8,300 and $8,650 resistance levels against the US Dollar. The price traded to a new 2019 high at $8,952 and it is currently consolidating gains. There is a key bullish flag pattern forming with resistance near $8,860 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-5-28 09:00 | |
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Bitcoin Price Hits $8,939 in New 2019 High: What’s Driving the Hypnotic Rally?
By CCN: In the U. S. market and on strictly regulated crypto exchanges such as Bitstamp and Coinbase, the bitcoin price surpassed $8,900 to achieve a new 2019 high at $8,939. Within merely hours, the bitcoin price climbed from $8,000 to $8,939, by more than 11. дальше »
2019-5-27 10:45 | |
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Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin
It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. дальше »
2019-5-22 11:12 | |
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Ron Paul: The U.S. Dollar Is In a Bubble, Bitcoin An Alternative
Former US presidential candidate and congressman Ron Paul is a regular critic of the United States Federal Reserve and of the country’s economic policy. In the past, the libertarian politician has spoken out in support of cryptocurrencies, suggesting that making the digital assets exempt from taxation could help avoid a “Fed-created recession. дальше »
2019-5-22 04:01 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Ethereum (ETH) Price Following Rising Channel: Targets $270, $280
ETH price is trading nicely above the $245, $240 and $232 support levels against the US Dollar. The price recently tested the $265 level and corrected lower to test the $240 support. There is a new rising channel forming with support near $245 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-5-21 06:08 | |
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Bitcoin Price Skyrockets to 2nd-Best Quarterly Gain in 5 Years; New All-Time High Coming?
By CCN: Bitcoin price is on track to having its second-best quarter since 2014 with a 92 percent gain within two months if it remains above $8,000 by the end of June. Since April 1, in about a month and a half, the bitcoin price has increased from $4,100 to $8,000, by nearly two-fold against the U. дальше »
2019-5-20 10:15 | |
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See Circle Crypto Company’s USDC New April 2019 Attestation Report From Grant Thornton LLP
In a recently uploaded blog post, the Circle team informed that they have released the latest attestation report related to the US dollar reserves that it has to back the USDC. The attestation report has been released by the independent accounting firm Grant Thornton LLP. дальше »
2019-5-18 16:44 | |
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Bitcoin Price Party’s Only Getting Started after 2019’s Monster 100% Surge
By CCN: According to eToro senior market analyst Mati Greenspan, bitcoin is in amidst a parabolic bull cycle and is on track to sustain its strong momentum over the medium to long term. Since January, within less than six months, the bitcoin price has increased by nearly 100 percent against the U. дальше »
2019-5-19 16:38 | |
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Bitcoin Takes a Breather, But is BTC Poised to Drop to $6,000?
Bitcoin price has leveled out following the long-awaited correction that initiated in early Asian trading on Friday. The thousand dollar drop found support above $7,000 and a new trading range has formed there for now. дальше »
2019-5-18 09:30 | |
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Bitcoin (BTC) Price Analysis: Bulls Show Weakness as BTC Slips Below $8K
Bitcoin price analysis shows that BTC has broken bearish through the psychological $8,000 level, with a -1. 19% loss against the US dollar over the last 24 hours. Is this just a temporary correction, or could this be the start of a reversing trend? Let’s take a look. дальше »
2019-5-16 18:10 | |
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Ethereum (ETH) Price Surges 20%, Hits $270: $300 Could Be Next
ETH price surged higher and broke the key $240 and $250 resistance levels against the US Dollar. The price is up more than 20% and it recently tested the $270 resistance level. There is a new key bullish trend line forming with support near $244 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-5-16 06:08 | |
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Ripple (XRP) Price Starts Significant Uptrend: Can It Test $0.50?
Ripple price is up more than 15% again today and it recently broke $0. 420 against the US dollar. The price surged above the $0. 4300 level and traded to a new 2019 high near the $0. 4480 level. There is a major ascending channel forming with support near $0. дальше »
2019-5-15 07:08 | |
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Ethereum (ETH) Price Hits First Target: $240 Could Be Next
ETH price climbed above the $210 resistance level and tested the $225 level against the US Dollar. The price remains in a strong uptrend and it could soon test the $240 resistance area. There is a new short term bullish trend line forming with support near $209 on the hourly chart of ETH/USD (data feed. дальше »
2019-5-15 06:18 | |
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Bitcoin (BTC) Price Forecast Remains Bullish: Bulls Target $8.5K and $9K
Bitcoin price surged more than 10% and broke the key $8,000 barrier against the US Dollar. The price traded to a new 2019 high close to $8,180 and remains in a strong uptrend. There is a short term bullish pattern forming with resistance near $8,050 on the hourly chart of the BTC/USD pair (data feed. дальше »
2019-5-14 09:00 | |
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Ethereum (ETH) Price In Uptrend: New Highs Above $210 Likely
ETH price gained momentum and traded to a new monthly high at $210 against the US Dollar. The price corrected lower, but it remains well supported on the downside near $192. Yesterday’s highlighted key bullish trend line is active with support near $192 on the hourly chart of ETH/USD (data feed via Kraken). дальше »
2019-5-14 06:18 | |
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Bitcoin, Ethereum, and Bitcoin Cash now accepted at thousands of retail locations including Whole Foods, Lowe’s, and Nordstrom
As of today, cryptocurrency is now accepted as payments at tens of thousands of merchants in the U. S. on the Flexa network. Top brands such as Whole Foods, Baskin Robbins, Lowe’s, and Nordstrom will now accept Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar. дальше »
2019-5-14 20:52 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Bitcoin (BTC) Price Uptrend Intact Despite Recent Corrective Decrease
Bitcoin price rallied to a new 9-month high towards $7,500 before correcting lower against the US Dollar. The price declined below the $7,000 support level, but it found strong bids near $6,750. There is a new connecting bullish trend line forming with support at $6,940 on the hourly chart of the BTC/USD pair (data feed. дальше »
2019-5-13 09:00 | |
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Ethereum (ETH) Price In Corrective Decrease: Buying Dips Favored
ETH price climbed to a new 2019 high above $200 before correcting lower against the US Dollar. The price declined below the $195 and $190 support levels before the bulls appeared near $182. There is a new connecting bullish trend line forming with support near $186 on the hourly chart of ETH/USD (data feed via. дальше »
2019-5-13 06:18 | |
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Gold bugs flinch as Grayscale campaign promotes bitcoin
Cryptocurrency investment firm Grayscale is taking the bitcoin versus gold fight to TV, launching a multi-million dollar campaign that promotes bitcoin as a new and improved form of gold. дальше »
2019-5-9 16:00 | |
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Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?
Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar. The price surged higher towards the $6,100 level and it is currently consolidating gains. There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC/USD pair (data feed from. дальше »
2019-5-9 09:00 | |
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Billion Dollar Loser Trump’s Terrifying Debt Addiction Can Bankrupt Us All
By CCN. com: Time to wake the f**k up. Donald Trump is not the self-made business genius you think he is. The president is many things. He’s a great leader. He knows how to rally people and inspire action. дальше »
2019-5-8 16:27 | |
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Bitcoin (BTC) Price Remains Strong Buy On Dips Despite Binance Hack
Bitcoin price traded to a new 2019 high above $5,950 and recently corrected lower against the US Dollar. The price declined below the $5,900 and $5,840 support levels, but it remained well bid. There was a break below a connecting bullish trend line with support near $5,840 on the hourly chart of the BTC/USD pair. дальше »
2019-5-8 09:00 | |
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Ripple (XRP) Price Prediction: Breakout or Further Decline?
Ripple price failed to hold gains above $0. 3020 and declined recently against the US dollar. The price traded to a new weekly low below the $0. 2950 and $0. 2920 support levels. There is a major bearish trend line formed with resistance near $0. дальше »
2019-5-8 07:08 | |
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Ripple (XRP) Price Recovering Higher Within Range: BTC, ETH Rallies
Ripple price traded to a new weekly low at $0. 2918 and recently recovered against the US dollar. The price climbed higher and broke the $0. 2985 and $0. 3000 resistance levels. There was a break above a key bearish trend line with resistance near $0. дальше »
2019-5-7 07:08 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Bitcoin (BTC) Price Dips Remain Attractive To Bulls
Bitcoin price surged above the $5,800 level and traded to a new 2019 high against the US Dollar. The price traded as high as $5,837 on Kraken and recently corrected below the $5,600 level. This week’s followed two bullish trend lines are intact with support near $5,500 and $5,480 on the hourly chart of the. дальше »
2019-5-4 18:38 | |
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Tether Scandal Sparks Bitcoin Price Gains; Litecoin, Bitcoin Cash Up 4%-11%
By CCN. com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2. 3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U. дальше »
2019-5-1 13:52 | |
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