Bitcoin Price Could Slide To $24,000 As Short-Term Holders Take Profit: Glassnode

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Examining The Lindy Effect And Bitcoin

What is the phenomenon referred to as the Lindy Effect, and how does it relate to Bitcoin?

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Will the Stock Market “Cobra Effect” Economists Warn Of Also Strike Bitcoin?

A Wall Street veteran is warning the “biggest cobra effect in the history of economics” is about to hit the stock market. And it could have a dramatic impact on Bitcoin and the rest of crypto.

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Bitcoin Will Reach $400,000 After Halving, History Dictates

Much of the conversation around predicting the price of Bitcoin through 2020 and beyond hinges on the effect of the Bitcoin mining reward halving set to take place in May will have. Some believe it will have no effect at all, while others are betting big on this.

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Over 18000 BTC worth over $200 million moved

It has been an interesting past week for Bitcoin as the price surged past $12,000 mark but at press time, it was hovering again in the lower range of $11,000 after witnessing a 6 percent fall on 10 August.

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D-Day in Bitfinex Trial — Will Bitcoin Price React?

Monday’s judgment in the legal tussle between the New York Attorney General (NYAG) and Bitfinex might have some short-term effect on the Bitcoin price. All Eyes on Monday’s Trial Outcome As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

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Monex Group Interested in Joining Facebook’s Libra Consortium

Oki Matsumoto, President of Monex Group, a Japan-based financial services company backing the Coincheck cryptocurrency exchange, is interested in participating in Facebook’s Libra cryptocurrency project and has submitted an application to that effect, according to a Reuters Japan report on July 26, 2019.

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Indian Bureaucrat Who Favored Bitcoin Regulation Quits Finance Ministry

The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power.

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Binance’s Changpeng Zhao Believes Trump’s Anti-Crypto Rhetoric is Ultimately a “Good Thing”

Changpeng Zhao (CZ) doesn’t believe Trump’s recent anti-crypto rhetoric will have an adverse effect on the industry as a whole, reports CNBC, July 23, 2019. The Binance CEO says the industry has sufficient maturity and censorship resistance to survive any government-led crackdown.

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Elizabeth Warren Accidentally Just Made the Case for Bitcoin

Elizabeth Warren’s team released a blog post today with the apparent intention of scaring people into voting for the Democrat, but “The Coming Economic Crash — And How to Stop It” may have a different effect altogether for those getting interested in Bitcoin.

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Iran to set Electricity Tariffs for Bitcoin Mining 

Iran’s Economic Commission has agreed to set electricity tariffs for bitcoin mining activities based on the prices used for electricity exports. The new tariff scheme is expected to come into effect as soon as it gets approved by the Iranian Cabinet, according to a Financial Tribune report, July 21, 2019.

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Research finds Bitcoin and Litecoin halvings do not impact price

Contrary to the popular media narrative, new research finds that Bitcoin and Litecoin prices are unimpacted by block reward halvings. Searching for cause and effect People crave cause and effect relationships.

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Zimbabwe: People Are Still Buying Bitcoin to Shelter from Reckless Monetary Policy

According to a video published by VoaZimbabwe on July 18, 2019, Zimbabwe citizens are using bitcoin as a decentralized store of value to shelter from the reckless monetary policy adopted by the government.

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CNBC Analyst Calls Secretary Mnuchin Out on Bitcoin Criticism

This week, the crypto market has been turned upside down after United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto. The tweet heard ‘round the world in the crypto space started a domino effect with nearly every US politician and regulatory body making comments about the digital asset class.

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Jamie Dimon Isn’t Worried About Competition From Libra

The CEO of America’s biggest bank, J. P. Morgan Chase, doesn’t believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general.

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Wrapped Bitcoin (WBTC) is Now Officially Part of the Compound DeFi Protocol

As per an all new statement released by Compound Labs, the firm has just added Wrapped Bitcoin to its list of public investment offerings. In this regard, it should be pointed out that this decision came into effect after the project’s core community of users voted in favor of the move almost unanimously. Additionally, for […]

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Bitcoin falls below $9,500 as Libra’s Senate hearing has ripple effect on cryptocurrency market

It was less than a month ago that Bitcoin enthusiasts and the larger cryptocurrency market were lauding Libra as a catalyst to the ensuing bull-run. However, good times were never going to last long.

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Bitcoin: Washington’s war on Libra has not shaken the king coin off its bullish course

Bitcoin is playing hide-and-seek with the Libra bears. For weeks on end, Libra has been the talk of the town, with Bitcoin getting little mention, but large effect. Despite being a Californian product, all news about Facebook’s cryptocurrency project seems to be emanating from Washington D.

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There Are Now More Ways Than Ever to Invest in Crypto

Bitcoin’s recent price boom has spiked interest in crypto, hailing a new wave of adoption that creates a kind of snowball effect. The current bull run likely stems, at least in part, from the news that big tech firms are increasingly moving towards crypto.

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Singapore Ponders Bitcoin (BTC) Tax Exemption in Regulatory Scheme

Singapore’s government appears set to offer tax exemptions for bitcoin and other cryptocurrencies based on a draft document published by the country’s tax body. The proposed perpetual tax holiday will reportedly apply to virtual currencies deemed to be digital payment tokens and will come into effect in 2020 if approved.

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Crypto Bigwig, Anthony Pompliano Has 50% Of His Wealth In Bitcoin

For some years now, various crypto advocates have stepped up to argue that cryptocurrencies can actually be a good store of wealth. Among the many cryptos available in the market, Bitcoin has gained much favor to that effect.

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Still, Bitcoin (BTC) = $ 11K

Expectations of the Corn falling to $ 6-7 K are not justified, despite the poor effect of G20 Summit. So maybe it’s time to go ahead? Fundamental and technical analysis for the current day Fundamental analysis is a direct consequence of common sense.

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Bitcoin Cash’s bull market will be a side effect of increased adoption, claims Roger Ver

Bitcoin Cash promoter Roger Ver realized fiat currency’s limitations during his earliest business ventures. In a recent conversation with budding interviewer Jouell Wright, Ver stated that “When Bitcoin came along, it solved all of those online payment problems.

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US and China are Becoming Friends Again as Trade War Talks Continue and Bitcoin is OK with That

The United States and China have been embroiled in an economic tussle for a while now. The two countries had individually announced a significant increase in tariffs on goods from each other and this disagreement has had effects on the economies of both countries.

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Crypto Newsflash: Bitcoin Breaks Above $11,000, Last Hit in March 2018

Bitcoin is showing no signs of stopping, none at all. The June rally seems to be in full effect since Thursday when we started moving from $9,200. Yesterday was the day when we broke through $10,000, the FOMO level.

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The Relative Performance Of Altcoins Versus Bitcoin For The Past 2 Years

As everyone can agree, Bitcoin is the top and most valuable cryptocurrency in existence, and its price movements have always had an effect on the rest of the market. Just recently, Bitcoin price has surged to unexpected heights, prompting the whole market to shift and end the long crypto winter.

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Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale

According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U. S, to raise $300- $500 Million. Bitmain Reportedly Planning U.

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Bitcoin’s volatility – an indication of growth or regression?

Market volatility plays a huge role in the financial ecosystem of assets and cryptocurrencies are regularly linked to its predominant effect. Whenever Bitcoin exhibits a rapid price movement in the market, the majority of the critics tagged the digital currency with extreme volatility and state that it would eventually lead to its downfall, since crypto […] The post Bitcoin’s volatility – an indication of growth or regression? appeared first on AMBCrypto.

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Plenty Reasons to be Bearish on Equities, Would be Bullish for Bitcoin: Fundstrat’s Tom Lee

The trade war is at the top of these reasons that is showing no signs of slowing down any time soon. The US and China are already seeing the effect of this ongoing war and now India has also joined the trade war with the US by imposing retaliatory tariffs on 29 US products. As […]

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Bitcoin Can Be a Hedge During Persistent Liquidity Crises: Grayscale

By CCN Markets: Global financial crises are on the rise, thrusting bitcoin into the spotlight. Legendary investor Warren Buffett called bitcoin “rat poison squared,” but it turned out to be nectar, nevertheless.

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Ethereum’s price movement isn’t necessarily correlated to that of Bitcoin’s, suggests analysis

The cryptocurrency market has seen a significant change in character since the last bull run resulted in market cap and price elevation. This positive change was spearheaded by Bitcoin and adhering to previous patterns, the trickle-down effect had an impact on the rest of the market as well.

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Next Bitcoin (BTC) Boon to Be Facebook’s Globalcoin: Industry Investor

Next Bitcoin Boon As more news has been published in regards to Facebook’s crypto venture, experts of Bitcoin (BTC) have begun to speculate as to what effect the social media giant will have on cryptocurrency.

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$150 Million in Freshly Printed Tether To Cause Bitcoin Price to Surge

Tether’s effect on the crypto market at large cannot be understated. Not only does the fiat-backed stablecoin act as a safe haven asset during downtrends and crashes, in the past sentiment surrounding Tether has had an enormous impact on Bitcoin price.

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Bitcoin and RBI: Is It A Case Of Murphy’s Law For BTC Supporters?

Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly.

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I Started the Silk Road Wikipedia Page (Because Bitcoin)

Online black marketplace Silk Road had quite the effect on bitcoin, being one of the technology's biggest use cases in the early days, and for a while it didn't have its own Wikipedia page – until this man.

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Gold & Bitcoin: An Impending Partnership or an Actual Rift

Coinspeaker Gold & Bitcoin: An Impending Partnership or an Actual RiftThe ripple effect of the ’drop gold buy Bitcoin’ campaign. Would a collaboration of both monetary systems be worthwhile? Or would one eventually out-weigh the other? A distinctive account from the standpoint of a seasoned financial investor.

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Israel’s Supreme Court Finally Rules in Favor of Bits of Gold Exchange

The long-standing court battle between Bits of Gold, one of Israel’s pioneer bitcoin trading venues and Bank Leumi, the nation’s second-largest lender, has finally come to an end as the Israeli Supreme Court has ruled in favor of the cryptocurrency exchange.

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Bitcoin’s biggest advantage is its network effect, says Monero’s Riccardo Spagni

Bitcoin [BTC], the largest cryptocurrency by market cap, marked the first decade of decentralization this January 2019 by celebrating the 10th anniversary of its genesis block generation. Over the years, Bitcoin grabbed the attention of retail investors, institutional investors, regulating bodies and even powerful government bodies across the globe.

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The Big Q: What’s Driving Bitcoin’s Continuous Spiking?

For the past few weeks, Bitcoin has been gaining a good bullish momentum that has now taken effect at the end of the crypto winter. Since the beginning of the year, the top coin has gained by about 130%.

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This New Bitcoin ‘Days Destroyed’ Metric Paints a Bright Picture for Price

Senior Quantitative Researcher, Hans Hauge, from Ikigai, has just released a series of new metrics for gauging Bitcoin demand which suggests ‘the market bottom is behind us’. Let’s break down the findings.

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XRPL Monitor Reveals Over 10 Million XRP Coins (Worth $4.5 Million) Sent to a Coinbase Pro Account

XRP data compiler, XRPL Monitor has recently been active on Twitter with updates regarding XRP token moves across different wallets. This seems to have occurred with other cryptocurrencies including Bitcoin [BTC] and Ethereum [ETH] as well, however, it’s the XRP token amounts that have had a shocking effect. As per AMB Crypto’s reporting, on Tuesday, […]

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Five Keys to Inner Strength From Five Years in Prison

October 1, 2018, marked five years since I was imprisoned. My physical surroundings today are ironically similar to what they were after my arrest back in 2013. I’m in the SHU again (Special Housing Unit, aka “the hole”).

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What the Rise of Quantum Computing Spells for Cryptocurrencies

The effects of quantum computing on cryptocurrencies is bound to have a huge effect on network security. With the exponential increase in computing capabilities, the efficacy of brute force attacks massively increases.

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Bitcoin Kingpins Place $10,000 Bet over $5 BTC Transaction: Roger Ver vs Tone Vays

On the stage of the Malta AI and Blockchain Summit, Roger Ver, a Bitcoin Cash supporter made a $10,000 bet with analyst, trader and Bitcoin proponent Tone Vays. The bet got into effect after Bitcoin.

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Craig Wright claims private keys will be ‘signed’ once Satoshi evidence surfaces

Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect […] The post Craig Wright claims private keys will be ‘signed’ once Satoshi evidence surfaces appeared first on AMBCrypto.

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Could Bitcoin Have a Bull Run Towards the Next Halvening? History Suggests It Will

The next halvening is next year, and the effect on the price of bitcoin could be significant. For the few who are unaware, halvening is an event that takes place every four years. It’s when the reward that miners receive gets cut in half, reducing the rate of production of new tokens by half.

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Bitcoin [BTC] and the US Dollar: Halving mirror effect on fiat would result in FOMO explosion

Bitcoin’s halving, scheduled for May 2020, has everyone talking, with many focusing on the mining rewards that will be enforced after the event. One among these theorists is Anthony Pompliano, Managing Partner at Morgan Creek Digital, and outspoken Bitcoin bull.

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BitMex Hits A One-Year High On Google Trend As Trading Volumes Spike Amid Exchange Expansion

BitMex Hits A One-Year High On Google Trend In an indication of resurgent Bitcoin trading activity, BitMex has hit a one-year high on Google trend search data. The data generally shows that the rise in Bitcoin prices has had a corresponding effect on the search and trading activity. Bitcoin has been on a roll of […]

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China’s Blanket Ban on Crypto Trading Doesn’t Mean Individuals Can’t Own Bitcoin

Coinspeaker China’s Blanket Ban on Crypto Trading Doesn’t Mean Individuals Can’t Own BitcoinBank of China’s Law Research Association declared that the ownership of Bitcoins is not considered illegal, although the ban for trading still remains in effect.

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