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Alipay Records Blockchain Milestone as China Leaves Bitcoin Behind
Xiang Hu Bao, a blockchain-based mutual aid platform operated by payment processor Alipay, has on-boarded over 100 million customers. The platform, which was launched in October 2018, provides a health plan that covers about 100 types of ailments. дальше »
2019-11-27 18:07 | |
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Blockchain Supported by Swiss Government With Proposed Federal Legal Reforms
The Swiss Federal Council looks set to implement various reforms to provide greater legal certainty to the blockchain industry. If approved by parliament next year, the proposals would make Switzerland among the most forward-thinking governments in the world in terms of the adoption of distributed ledger technology. дальше »
2019-11-27 16:28 | |
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Binance Commits to Freezing Stolen Upbit Funds After $50M Hack
South Korean cryptocurrency exchange Upbit has reportedly been hacked for around $50M worth of Ethereum (ETH). Binance and other exchanges have stepped up to stop the assets from being sold off. It has been reported that Upbit, one of the leading South Korean exchanges, has suffered a serious hack. дальше »
2019-11-27 15:30 | |
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Bitcoin Analysis for 2019-11-27 [Premium]
The Bitcoin price is completing a reverse head and shoulders pattern. It looks as if it is going to break out, reaching one of the resistance areas at $7750 and $8150. However, we are still not certain if this is the beginning of a reversal or a retracement in response to the prior decrease. дальше »
2019-11-27 13:34 | |
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Bitcoin Scam on Facebook Uses Identities of Singapore’s Elite to Swindle Users
Local news outlets in Singapore report that several fake articles linked to a Bitcoin-related scam have been circulating on Facebook. Several local news outlets in Singapore report that a series of fake news articles linked to a cryptocurrency scam have been making the rounds on Facebook for months. дальше »
2019-11-27 12:10 | |
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As High-Frequency Traders Enter the Crypto Markets, Competition Between Exchanges is Heating Up
As institutions have started to enter the crypto markets in their droves, so high-frequency digital asset trading has become more common. The Financial Times previously reported that several established HFT firms had entered the cryptocurrency space, including DRW, Jump Trading, and DV Trading, among others. дальше »
2019-11-27 10:13 | |
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Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000?
During the week of November 17-24, the Bitcoin price decreased by 20 percent. Afterward, financial commentator Peter Schiff made a prediction that the Bitcoin price will fall to around $1000. A similar prediction was made by well-known Tradingview analyst @MagicpoopCannon, who stated that there is a possible head and shoulders (H&S) developing in the Bitcoin […] The post Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000? appeared first on BeInCrypto. дальше »
2019-11-27 08:53 | |
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Will Online Payment Companies Provide a Mainstream Bridge into Cryptocurrency?
When Bitcoin first started to emerge into the mainstream collective consciousness, it was frequently positioned as a threat to traditional finance. Bitcoin proponents pointed to the high fees charged by intermediaries such as banks and online payment providers, predicting that decentralization would be their downfall. дальше »
2019-11-27 06:09 | |
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Bitcoin Will Find Support Above Long-Term Moving Averages, Predicts Analyst
The Bitcoin price has decreased considerably over the previous week. However, it bounced strongly on November 25, leading some people to believe that it has already reached a bottom. The current trading pattern which is supported by several long-term moving averages suggests that Bitcoin is very close to reaching a bottom if it has not […] The post Bitcoin Will Find Support Above Long-Term Moving Averages, Predicts Analyst appeared first on BeInCrypto. дальше »
2019-11-27 04:23 | |
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Bitcoin up 250,000% in Less Than a Decade Compared to S&P 500’s 147%
If you had invested in Bitcoin in 2011, you would have received a 250,000% return on investment (ROI). Bitcoin’s performance has far outpaced other asset classes, a fact that many Bitcoin proponents highlight to potential investors. дальше »
2019-11-27 02:33 | |
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XRP Whale Moves Nearly 50 Million Tokens to Bitstamp
The third-largest cryptocurrency, XRP, continues to bleed. In fact, the token is too close to dipping below $0. 20. However, the (@whale_alert) Twitter account finds that almost 50 million XRP has been moved from an unknown wallet to the Bitstamp cryptocurrency exchange. дальше »
2019-11-27 00:34 | |
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Storeum Pumps $300 Million Market Cap With Just $40K Volume
Storeum, a relatively unknown cryptocurrency, has surged more than 350% in the last 24 hours, pushing its market cap above $300 million. However, the pump happened with a volume of just $40,000. Storeum is a blockchain project on Ethereum that claims to be the world’s first decentralized, peer-to-peer marketplace. дальше »
2019-11-27 22:20 | |
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Former People’s Bank of China Chairman Outlines 3 Use Cases for the Digital Yuan
Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case. дальше »
2019-11-27 20:18 | |
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This Bitcoin Moving Average Can Help Determine the Direction of Trends, Claims Analyst
Last week’s Bitcoin downturn led to a decrease below its 50-week moving average (MA). This has historically indicated that a downtrend has begun. However, the Bitcoin price initiated a bounce once it reached the support line of its current pattern on November 25. дальше »
2019-11-27 18:17 | |
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Over 200 Cryptocurrency Firms’ Email Addresses Leaked by Estonian Authorities
Estonian authorities have negligently leaked the email addresses of more than 200 cryptocurrency trading service providers. The personal data breach follows an effort by the nation’s anti-money laundering bureau to gather information on Estonia’s crypto-asset industry. дальше »
2019-11-27 17:18 | |
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Will Ethereum’s Price Increase in Anticipation of the Hard Fork?
During the week of November 17-24, the Ethereum price decreased by 25 percent. This was somewhat atypical since the rate of decrease was higher than that of Bitcoin — which has not been the case since September. дальше »
2019-11-27 15:16 | |
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‘Bought a Bunch of Bitcoin, Price Should Recover Now’ Boasts Latest Satoshi Claimant
Jorg Molt was recently ridiculed on Twitter for claiming to be a co-founder of Bitcoin despite no one ever hearing of him. Today, he tweeted that Bitcoin’s price should recover because he just made an apparently large purchase. дальше »
2019-11-27 14:50 | |
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Bitcoin Analysis for 2019-11-26 [Premium]
The Bitcoin price initiated a bounce on November 25. It failed to reach a close above the resistance area at $7400. It is possible that the price drops to the support area at $7000 before making another attempt at a breakout. дальше »
2019-11-27 14:04 | |
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Bitcoin Buy Positions Spike to Highest Level Since February
Bitcoin buy positions on Bitfinex have spiked to levels not seen since February. Sell positions, on the other hand, are around their lowest level ever. After experiencing compounding losses in the past week, Bitcoin rebounded significantly yesterday from a low of $6,600. дальше »
2019-11-26 13:50 | |
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Altcoin Dominance Steadily Increases While Bitcoin Takes a Dive
The altcoin market dominance has consistently been increasing since the beginning of September. If it breaks out above the current resistance area, it is likely that many could continue outperforming Bitcoin. дальше »
2019-11-26 12:13 | |
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Are Whales Selling Bitcoin to Put Down a Loss on Their 2019 Taxes?
One noteworthy crypto-commentator has said that Bitcoin whales might be selling to put down losses on their 2019 tax return. How plausible is this theory? The founding partner of Partner Adamant Capital, Tuur Demeester (@TuurDemeester), has brought forward an interesting idea: what if major players in Bitcoin are selling to avoid taxes? One argument for […] The post Are Whales Selling Bitcoin to Put Down a Loss on Their 2019 Taxes? appeared first on BeInCrypto. дальше »
2019-11-26 10:34 | |
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Small-Cap Cryptocurrencies Have Fared the Worst This Past Month
The last month, never mind the last few days, have been rather trying for cryptocurrencies. Bitcoin, at the head of the ecosystem, has fallen substantially, but overall, it is the smaller cryptos, with lower market caps, that appear to have taken the brunt of the bearish turn. дальше »
2019-11-26 06:37 | |
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If You Bought Bitcoin Each Week in 2019, You’d Be up 49%
If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys. Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. дальше »
2019-11-26 04:18 | |
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Zcash Struggles to Find Support, Trading at an All-Time Low
The Zcash price is trading at an all-time low. The current price movement does not confirm that a reversal is close to being initiated. Therefore, we could see a continued downward movement. Over the past week, the Zcash price has decreased by 24 percent. дальше »
2019-11-26 02:47 | |
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Bitcoin Has Been Dropping an Average of $110.43 per Day (Until Today)
The past few weeks have been a rough time for Bitcoin. On average, the leading cryptocurrency has dropped $110. 43 per day since October 25th. Where is Bitcoin heading going into 2020? Well, if you look at the weekly trends, it doesn’t look good—but a reversal may be on the horizon. дальше »
2019-11-26 00:34 | |
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Bitcoin Markets to Be Fueled by $30 Million USDT Movement
$30 million worth of USDT has been moved from the Tether Treasury to the Bitfinex trading platform, likely in an attempt to float the Bitcoin price. $30 Million USDT Bitcoin markets have been in disarray, registering four consecutive weeks in the red. дальше »
2019-11-25 22:01 | |
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Multiplying Profits 65 Times in 3 Hours: How Margin Trading Changes Crypto Trading
This post is sponsored by Bexplus: Hong Kong-based margin trading platform which provide users with crypto futures trading services. Register now and get a $100 deposit bonus. On October 23-25th the Bitcoin has been changing hands at range of $7,300-7,500 per 1 BTC. дальше »
2019-11-25 18:37 | |
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Bitcoin’s Reversal Has Already Begun, Suggests Analyst
During the previous week, the Bitcoin price decreased by roughly 20 percent. However, it initiated a bounce near $6600 on November 25 and has increased by 10 percent in less than 12 hours. While there are is no surefire explanation about the rapid decrease, there are several hypotheses. дальше »
2019-11-25 18:34 | |
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Binance’s ‘Raided’ Shanghai Office Formerly Babi Finance
Chinese state media has picked up the story of Binance’s Shanghai offices reportedly being shut down by police. According to reports, the office formerly belonged to Babi Finance, one of Binance’s many investments. дальше »
2019-11-25 16:58 | |
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Binance Plans to Sue Crypto Media Website Over Police Raid Report
Cryptocurrency news website The Block recently published a story that claimed that there was a police raid on Binance’s offices in Shanghai, China. The exchange vehemently denies this ‘fake news’ story and, now, plans to sue. дальше »
2019-11-25 16:38 | |
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Bitcoin Liquidity Has Evaporated During Latest Downturn
Bitcoin’s spread in bids and offers is the widest it has been in the past three months, according to recent reports. Bitcoin’s order books are drying up as the leading cryptocurrency continues to be in the red. дальше »
2019-11-25 16:28 | |
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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms
China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »
2019-11-25 16:06 | |
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Ethereum Whale Sends $35M Worth of Ether for Just $0.07
One major player in the cryptocurrency industry has just moved 257,491 ETH — valued at almost $35M at the time of writing. The total fee for the Ethereum transaction was just $0. 07. One Ethereum whale in the market seems to be consolidating its funds in a major move that set off alarm bells. дальше »
2019-11-25 15:50 | |
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Decentralized Cryptocurrency Exchanges Show 145% Growth This Past Week
Ethereum data analytics firm Dune Analytics has reported that weekly trading volume among decentralized exchanges (DEXs) has increased by 145% since last week. 2019 has been an important year for P2P trading, as users turn to it for increased security, lower fees and quicker settlement. дальше »
2019-11-25 15:03 | |
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Bitcoin Analysis for 2019-11-25 [Premium]
The Bitcoin price has created a weekly bearish engulfing candlestick. It is trading inside of a parallel channel and has reached the support line. We believe it may be very close to making a bottom — if it has not made one already at $6600. дальше »
2019-11-25 14:44 | |
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Bitcoin Price Tanks as Unplanned Exchange Maintenance Leaves Customers Stranded
As Bitcoin’s price started to tank on Sunday, the Deribit futures trading platform, which has been in the headlines recently for the wrong reasons, had a bout of unplanned downtime. Many traders feel the timing was detrimental and left many at a disadvantage. дальше »
2019-11-25 14:36 | |
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No, Elon Musk Did Not Just Predict a $200k Bitcoin Price
The price of Bitcoin is down 10% since yesterday as it approaches a support level of $6,500. No one knows what or who is responsible for the sudden dip in prices, but, behind all the chaos and confusion could be a glimmer of hope from Tesla’s CEO Elon Musk. дальше »
2019-11-25 13:15 | |
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Bitcoin Crash Caused by Chinese Cryptocurrency Crackdown, Claims CNBC Guest
Brian Kelly, the founder of Brian Kelly Capital, suggested that the anti-cryptocurrency regulatory moves by China caused Bitcoin to take a drop substantially. We are in the midst of a ‘digital arms race,’ he claimed. дальше »
2019-11-25 11:15 | |
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Bitcoin Analyst Identifies $6000 as a Likely Bottom
The Bitcoin price appears very close to reaching a bottom. A confluence of support areas suggests that the bottom will occur near $6000. Even though yesterday the market experienced a rapid decrease, the current trading pattern and long-term support lines indicate that Bitcoin should be close to reaching a bottom. дальше »
2019-11-25 01:33 | |
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Bitcoin Whale Moves $337M Worth for 40 Cents
One large player in the market recently moved 46,000 BTC valued at around $337M at the time of writing. The fee for the transaction was just $0. 40. Massive transactions have been happening behind-the-scenes are the cryptocurrency market recovers significant losses in the past few days. дальше »
2019-11-25 19:31 | |
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Bitcoin Could Fall Below $6K, Predicts Analysts
The Bitcoin price initiated a rapid decrease on November 22. It fell through several support areas without showing any signs of a reversal. It is approaching a very significant support line, which has been in place for roughly eight years. дальше »
2019-11-24 09:15 | |
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Bitcoin Bleeds, Analyst Not Phased: $55,000 BTC Model Still Intact
Bitcoin’s price has been dropping hard over the past week. Despite the bloodshed in the markets, one market analyst claims the 17 percent downswing is just a hiccup and does not invalidate their long-term bullish projections. дальше »
2019-11-24 04:43 | |
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Bitcoin’s Moving Average Crossover Indicates That the Bottom May Be Near
The Bitcoin price initiated another rapid decrease on November 22 — reaching lows close to $7000. According to long-term charts and moving averages (MAs), it may be nearing the end of the correction. дальше »
2019-11-24 20:04 | |
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Beijing-Based BISS Exchange Shut Down, Arrests Made
A relatively well-known cryptocurrency exchange, BISS, has recently been shut down by police in Beijing. At least 10 people have been arrested. According to Wan (@DoveyWan), this news has been circulating in China for a couple of weeks and is only now being revealed to the West, though it is unclear why. дальше »
2019-11-24 16:20 | |
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