$70K next for Bitcoin? China joins Fed in ‘huge macro event'
Bitcoin traders are getting divisive while BTC price action bides its time as more central bank policy easing is announced.
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Bitcoin Price $10K Deadlock May Be ‘Shakeout’ Before New Highs: Analyst
Bitcoin (BTC) price traded back below $10,000 on Sept. 11 as five-figure support for the largest cryptocurrency finally crumbled. Market visualization. Source: Coin360Bitcoin pre-halving “shakeout” theory emergesData from Coin360 showed BTC/USD suddenly drop from $10,200 late on Tuesday, subsequently putting in a local low of $9,900 before a slight rebound. At press time on Wednesday, $10,000 was…
Coinbase CEO to Americans: Urge reps to vote ‘Yes’ on crypto regulatory clarity bills
Brian Armstrong said that voting Yes to the bill would protect innovation and national security in the United States. 584 Total views 13 Total shares Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “Yes” on the Financial Innovation and Technology for the 21 Century Act…
Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade
Two Costa Rican residents were charged for selling drugs worth $270 million on the darknet. A federal grand jury in the District of Columbia has charged two Costa Rican residents for illegally selling opioids on the darknet. Originally from the United States, David Brian Pate is a darknet vendor who along with Costa Rican pharmacist Jose…
Fundstrat’s Tom Lee: Current Bitcoin Misery Index Never Been Reported in Bear Market
Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin (BTC) sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published on April 19.During the interview, Lee noted that through 2018, the BMI has…
Why is the crypto market down today?
Crypto prices keep falling, but why? This year’s market crash has turned most winning portfolios into net losers, and new investors are probably losing hope in Bitcoin (BTC).Investors know that cryptocurrencies exhibit higher than average volatility, but this year’s drawdown has been extreme. After hitting a stratospheric all-time high at $69,400, Bitcoin price crumbled over…
Bitcoin Flips Bullish — But Here’s Why BTC Price May Still Hit $3.9K
Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset.However, despite an effort to blast through the critical resistance level of $7,200 as mentioned in last week’s analysis, there was a huge rejection bringing home the…
Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO
Apple has no intention to follow Facebook in creating its own digital currency, the company’s CEO Tim Cook has said.Cook “not comfortable” about firms creating moneySpeaking in an interview with French media magazine Les Echos on Oct. 4, Tim Cook poured cold water on the idea that Apple could release its own currency tokens.“No,” he…