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With Around a 35% Chance of a Recession, Cryptocurrencies Look Increasingly Attractive
As most people are likely well aware by now, the chances of the United States and potentially much of Europe slipping into a recession are as high now as they were back in July 2007. With the odds of a recession in the next 12-months currently sitting at around 35%, people are understandably worried. дальше »
2019-10-14 08:17 | |
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Ethereum 2.0 and 1.0 Chains Will Likely Co-Exist in the Beginning, Have Different Prices
Everyone is excited by the prospects of Ethereum 2. 0, but the transition towards this new chain will prove complicated. It seems very likely that both ETH 1. 0 and ETH 2. 0 will be trading simultaneously and exist as separate tokens for a time. дальше »
2019-10-14 01:18 | |
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China’s Control over Foreign Entities Signals the Need for Decentralization
China’s firm grasp on personal and corporate data is set to become even more stringent, as the government is set to extend its control over foreign entities. The Chinese government has been working for several years on a comprehensive internet security and surveillance program. дальше »
2019-10-13 19:10 | |
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Whale Moves 1000 BTC to External Wallet — Prepare to HODL?
One major player in the cryptocurrency market just withdrew 1,000 BTC ($8.3M) from Bitstamp to an external wallet. Is this a sign that Bitcoin is in a period of accumulation? The leading cryptocurrency has been holding steady around the $8,300 price point and seems to have proven wrong many of the bears who have been […] The post Whale Moves 1000 BTC to External Wallet — Prepare to HODL? appeared first on BeInCrypto. дальше »
2019-10-13 16:15 | |
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Not All Altcoins Are Rekt: These 5 Cryptos Have Given 3-13x ROI in 2019
Bitcoin has forever been the undisputed king of the decentralized digital economy. Granted, the rest of the pack lags far behind both in terms of popularity and market cap, but that certainly doesn’t justify the ridicule altcoins are often subject to. дальше »
2019-10-13 12:26 | |
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IRS Gets Serious About Crypto With Amendments to Form 1040
Regulators are taking cryptocurrencies more and more seriously, and the IRS seems to be leading the way with a plan to obtain more accurate information from taxpayers regarding their financial activities with cryptocurrencies. дальше »
2019-10-13 08:18 | |
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China Further Limits Digital Privacy, Increasing Potential Cryptocurrency Use
The Chinese government has announced a new and even more invasive form of facial recognition. The Ministry of Industry and Information Technology (MIIT) will begin using AI software to monitor 800+ million internet users. дальше »
2019-10-13 03:09 | |
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A $5 BTC-USD Transaction on This Day 10 Years Ago Officially Made Bitcoin an Economic Good
On Oct 12, 2009, Martti Malmi a. k. a. Sirius, a Finnish software engineer and one of Bitcoin’s earliest developers, sold 5,050 BTC to NewLibertyStandard. At nearly $0. 00099 per BTC, Malmi got a measly $5. дальше »
2019-10-13 23:18 | |
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Everyone Who Got Rekt This Week in the Cryptocurrency World: A Recap
This week has had more news than usual for the cryptocurrency industry. From legal disputes to controversies over Alipay and Binance, here are the stories which made headlines. This week has been eventful, to say the least, for the cryptocurrency industry. дальше »
2019-10-13 20:01 | |
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Coinbase and Crypto Ratings Council Failed Telegram’s GRM Security Test
Coinbase Custody recently added Telegram’s GRM to its services. However, the United States Securities and Exchange Commission (SEC) has disputed the token’s legal status, calling it a security. дальше »
2019-10-12 16:17 | |
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Telegram May Need to Spill Millions to Rescue $1.7B ICO or Risk Its Termination
As if it wasn’t knee-deep in a mess already, Telegram’s ambitious billion-dollar ICO has hit yet another setback. The US Securities and Exchange Commission (SEC) announced that it is halting the company’s $1. дальше »
2019-10-12 12:51 | |
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US Senator Threats Likely Factored in to Visa, Mastercard, Stripe Leaving Libra
Two US Senators have taken it upon themselves to write letters directly to the heads of three payment companies that were, until yesterday, a part of the Libra Association. In these letters, Senators Brian Schatz (D-HI) and Sherrod Brown (D-OH), have threatened: “If you take this on, you can expect a high level of scrutiny from […] The post US Senator Threats Likely Factored in to Visa, Mastercard, Stripe Leaving Libra appeared first on BeInCrypto. дальше »
2019-10-12 08:18 | |
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Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel
Every single Bitcoin ETF proposal sent to the US Securities and Exchange Commission (SEC) to date has been cold-shouldered by the regulators. The reasons cited sometimes vary, but the underlying theme remains the same in nearly all rejections and it has a lot to do with the deep sense of mistrust the SEC harbors towards […] The post Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel appeared first on BeInCrypto. дальше »
2019-10-12 04:34 | |
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eBay, MasterCard, Visa, Others Officially Withdraw From Facebook’s Libra
Facebook is losing more friends in its initiative to launch Libra, and PayPal’s announcement to withdraw from the Libra Association seems to have exposed the cracks inside an association that is starting to fall apart. дальше »
2019-10-12 00:00 | |
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Bitcoin Will Trade in a Range Throughout October, Claims Cryptocurrency Trader
Range trading occurs when the price of an asset consistently trades inside the confines of a high and low price. The highs and lows act as resistance and support, respectively. The most common pattern that gets created whenever the price trades in a range is the horizontal channel. дальше »
2019-10-12 22:12 | |
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6.7% of All Bitcoin Is Held by Exchange Wallets (And Growing)
Exchanges have been eating up more and more of Bitcoin’s circulating supply, now accounting for 6. 7% of all HODLers. The trend has been accelerating since 2017. It’s no secret that cryptocurrency exchanges are some of the most influential entities in this industry. дальше »
2019-10-12 19:15 | |
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N26 Digital Bank Passes 1M Customers in France — What Does It Mean for Cryptocurrencies?
N26 recently hit the 1M customer milestone in France. The German ‘neo-bank’ is betting big on digital banking — an idea which overlaps with the promise of cryptocurrencies. The banking world is going digital. дальше »
2019-10-12 15:15 | |
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OpenLibra Presenter Has A Tainted ICO History
At Devcon 5, the Ethereum conference for developers and researchers, Lucas Geiger took center stage to present an alternative to Facebook’s Libra cryptocurrency — the OpenLibra. Geiger announced in an emphatic fashion that OpenLibra is the better version of Facebook’s Libra, saying that the project will fork the code and the community. дальше »
2019-10-12 13:17 | |
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Binance CEO Quells Talk of Exchanges Using Shady Tactics to Circumvent Alipay’s BTC Ban
Did Binance CEO Changpeng Zhao just intimidate The Block’s Larry Cermak to not spill the beans about an unholy nexus between cryptocurrency exchanges and Chinese government officials? Well, call it intimidation or a friendly suggestion, the Binance CEO was certainly not very appreciative of the way Cermak unfurled certain details that Zhao thinks “are better […] The post Binance CEO Quells Talk of Exchanges Using Shady Tactics to Circumvent Alipay’s BTC Ban appeared first on BeInCrypto. дальше »
2019-10-11 11:30 | |
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Hong Kong Recession Pushing More Citizens Towards Bitcoin – Fact or Hype?
As Hong Kong stares into what appears to be a major economic crisis in the making, a sizeable chunk of the population may be counting on Bitcoin to help them get through the tough times ahead. Given that no immediate reprisal seems forthcoming, odds are high their dependence on the digital asset is likely to […] The post Hong Kong Recession Pushing More Citizens Towards Bitcoin – Fact or Hype? appeared first on BeInCrypto. дальше »
2019-10-11 10:34 | |
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Yearly Bitcoin Price Similarities Noticed by Cryptocurrency Enthusiast
Fractals are recurring patterns in which a price acts in a similar way as it did in a previous instance. While these movements are not identical and often do not transpire in the same length of time, they share several similarities, more specifically having comparable ratios between movements. дальше »
2019-10-11 08:12 | |
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Hong Kong Protest App Censorship Highlights Need for Decentralized DApps
Another day, another application banned off of a centralized platform because its creators don’t agree with the message. Tech giant Apple has recently removed a “poisonous” app that assisted protestors in Hong Kong with keeping an eye on the police. дальше »
2019-10-11 06:18 | |
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Bitcoin Halving 2020 Spells Doom for Older Mining Rigs
With a little over six months left until the next Bitcoin halving, the mining rig industry is busting a gut to meet changing demands. This applies to Bitmain, Pangolin, Ebang, Innosilicon, and pretty much all other established brands in the trade. дальше »
2019-10-11 03:34 | |
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How Central Bankers Accidentally Printed Cryptocurrencies Against Themselves
The United States Federal Reserve this week said that it will start growing its balance sheet again in response to the rough couple of weeks that the overnight lending markets have experienced in September. дальше »
2019-10-11 00:35 | |
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Alipay Denies Supporting Binance Fiat-to-Crypto Transactions, WeChat Blocks Them
Chinese mobile payment giant Alipay has said that it doesn’t support the purchase of cryptocurrencies on its payment platform. Alipay’s statement comes after the Chief Executive Officer of Binance, Changpeng “CZ” Zhao, said that it now supports cryptocurrency purchases via Alipay and WeChat Pay, which BeInCrypto reported on yesterday. дальше »
2019-10-11 21:24 | |
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3 Things Driving Ethereum’s Price Increase This Past Week
Ethereum has been following Bitcoin upward this week but certain fundamentals have also been responsible for the rise. In short, transactional activity on the network is growing. Ethereum has had a good week. дальше »
2019-10-10 19:37 | |
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Ethereum Scam Debate Rages as CFTC Labels Ether a Commodity, Expects Futures
A major consensus has been reached by the Commodity Futures Trading Commission (CFTC) which has determined Ethereum is a commodity, like Bitcoin. This seemed to anger some naysayers in the crypto-Twitterverse who still maintain it is a scam. дальше »
2019-10-10 18:23 | |
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10 Things You Should Never Do When Preparing Your Cryptocurrency Taxes
For millions of people, cryptocurrency makes perfect sense. Its neatly defined rules, mathematical certainty, and resistance to being co-opted by certain interest groups make it one of the soundest, and most apolitical financial tools ever created. дальше »
2019-10-10 18:16 | |
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For the Bitcoin Price to Reach $9200, the 200-Day Moving Average Must Be Breached
Moving averages (MA) are often very significant in determining future price movements. The price of an asset, like Bitcoin, often reacts to its MAs — either using them for support or resistance. The higher the number of times an asset reacts to an MA, the higher its significance — thus, the more likely it is […] The post For the Bitcoin Price to Reach $9200, the 200-Day Moving Average Must Be Breached appeared first on BeInCrypto. дальше »
2019-10-10 17:29 | |
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Hong Kong Free Press Ditches BitPay After Bitcoin Donation Block
Following a Twitter tirade against BitPay for its decision to block the donation of cryptocurrencies to the Hong Kong Free Press (HKFP), the crowdfunded media outlet has pivoted to a new cryptocurrency payment processor, BTCPay, as tensions continue to mount in the Special Administrative Region. дальше »
2019-10-10 16:48 | |
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Facebook Libra Launch Assisted by Former Prosecutor Tasked With ‘Taking Down Bitcoin’
This strange and twisting tale begins with Katie Haun, a U. S. Department of Justice prosecutor. Haun, who was normally busy probing prison gangs, corrupt officials, and the mafia — was tasked with trying to shut down Bitcoin. дальше »
2019-10-10 16:15 | |
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Binance to Enforce FATF Anti-Money Laundering Rules via Coinfirm Partnership
Popular cryptocurrency exchange Binance has officially announced a partnership with international regulation technology company Coinfirm in an effort to deal with new guidelines pertaining to the Financial Action Task Force’s anti-money laundering (AML) rules. дальше »
2019-10-10 15:08 | |
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Bitcoin May Still Be in a Downward Channel, Despite Yesterday’s Rally
Bitcoin is an asset noted for its sustained volatility and unpredictability. This has been especially true in the short-term, where the price has made upward and downward moves seemingly at will. дальше »
2019-10-10 14:15 | |
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$12M USDT Transferred to Binance as Cryptocurrency Bulls Try to Keep up Momentum
Around $12M USDT has just been transferred into Binance. The inflow of money into the exchange may indicate that the recent bullish momentum in the cryptocurrency market still has legs. Whale Alert (@whale_alert) is reporting that 11,988,000 USDT has just been deposited into Binance. дальше »
2019-10-10 13:03 | |
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Binance Re-Enters Chinese Market by Introducing Cryptocurrency-Yuan Trading
One of the world’s largest crypto exchanges, Binance, is re-emerging in China with plans to host OTC yuan-to-cryptocurrency trades. Binance is still one of the best-known names in the cryptocurrency trading industry, as it stands as one of the largest exchanges in the world. дальше »
2019-10-10 12:44 | |
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6,500 Tobacco Shops in France Will Soon Be Selling Bitcoin (Again)
Keplerk has announced that it will ‘relaunch’ its services and offer Bitcoin purchases in over 6,500 tobacco shops in France. Individuals will be able to buy BTC with coupons worth 50, 100, or 250 euros. дальше »
2019-10-10 12:15 | |
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Bakkt Posts 796% Increase in Bitcoin Trading Volume Overnight, Hits New All-Time High
The Bitcoin futures exchange Bakkt just hit an all-time high in traded contracts. Yesterday, the exchange had some 224 BTC in volume just a day after it had posted an all-time low of 25 BTC traded. дальше »
2019-10-10 11:31 | |
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Ripple Slammed for Implying Company Simply ‘Discovered’ XRP
Nic Carter (@nic__carter), a partner at Castle Island Ventures and co-founder of Coinmetrics. io, has been attacking Ripple Labs on Twitter over their characterization of XRP as something that they merely found, not created. дальше »
2019-10-10 10:13 | |
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Bitcoin Price Target of $8600 Identified by Crypto Analyst, Will it Get There?
After a decisive move in any direction, the price of an asset either creates a continuation or a reversal pattern. As stated by the name, a continuation pattern leads to a movement in the same direction as the prior trend, while a reversal pattern does the opposite. дальше »
2019-10-10 05:34 | |
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Bitcoin Price Breakdown Possibility Noted by Cryptocurrency Pundit
Throughout its history, the Bitcoin price has had numerous repetitive patterns. While they are not as easily identifiable in their early stages, they become more apparent as they continue to develop. дальше »
2019-10-10 02:38 | |
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There Aren’t Nearly Enough Bitcoins to Cover These Countries’ National Debts
National debts have ballooned for most major countries in the past few years. To put that into a crypto-perspective, let’s see how much that would be relative to the current market capitalization of Bitcoin. дальше »
2019-10-10 00:54 | |
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Poloniex Finally Delists CLAM, Ending an Embarrassing $20M Saga
Poloniex has finally delisted CLAM from its exchange. The obscure altcoin was responsible for a flash crash in May which allowed for 1,800 BTC ($20M) to be wiped from the entire margin trading lending pool. дальше »
2019-10-10 22:20 | |
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New IRS Crypto Tax Guidelines Only Add More Problems for Bitcoin Taxpayers, ‘Don’t Make Sense In Current Form’
The Internal Revenue Service (IRS) has published a new statement intended to clear up the issue of taxing cryptocurrencies — specifically regarding airdrops and hard forks. However, what the tax authorities shared only leads to more questions and confusion. дальше »
2019-10-10 20:38 | |
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How Do Bitcoin Trading Bots Initiate a Buy or Sell Signal?
There are several methods traders use to initiate buy and sell signals. They are divided into pre- and post-breakout/breakdown techniques. While some traders use momentum indicators to identify moves before they happen, others wait for confirmation before initiating a trade. дальше »
2019-10-10 19:04 | |
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Moving Averages Suggest That Bitcoin Is Bottoming, Claims Analyst
Until now, there have been three major Bitcoin corrections. They began in June 2011, November 2013, and December 2017. Numerous cryptocurrency traders use these as references for future price movements. дальше »
2019-10-10 18:05 | |
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