Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%
Bitcoin bulls may be in for a grim reminder of how the start of Q4 can be difficult for BTC price bullishness.
Related Posts
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
Ether’s (ETH) price retested $1,780 after the news of the U.S. Securities and Exchange Commission suing cryptocurrency exchanges Binance and Coinbase but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support. The SEC actions are actually a double-edged sword for Ethereum and…
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
Kathryn Haun — a general partner at Andreesen Horowitz and the Justice Department's prosecutor for the infamous Silk Road case —- says that the fiat-dominated financial system is inept at tackling the very thing it purports to worry about when it comes to crypto.In the traditional financial sector today, “99.9% of all money laundering crimes…
Steven Kokinos shifts to Algorand advisory role as company appoints interim CEO
Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023. 448 Total views 22 Total shares Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling…
Square Lowers Its Q1 Estimates by $800M Despite Bitcoin Success
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…
Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’
Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. 763 Total views 13 Total shares Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap.The website’s new DeFi section lists what executives consider to be the most important altcoins…
Crypto community responds to US democrats backing SEC’s crypto authority
One community member expressed their decision to part ways with the party, arguing that the Democratic Party is playing god with the “future of American innovation.“ 519 Total views 2 Total shares The United States Democratic Party has expressed its intent to back the Securities and Exchange Commission’s (SEC) total authority over crypto in a…
Coinbase Wallet Now Allows to Send Crypto Through Usernames
Coinbase updated its wallet with a function that lets its users send cryptocurrency through usernames, instead of the usual lengthy addresses.According to a Feb. 25 announcement, Coinbase Wallet now allows its users to send cryptocurrency to dedicated usernames or ones created on the Ethereum Name Service (ENS). Coinbase’s proprietary usernames look like @username while ENS…
Facebook’s Libra Will Benefit Bitcoin But ‘Destroy’ Banks, Says Industry
Facebook’s new cryptocurrency project really can boost bitcoin (BTC), new sources, among them a report from equity research platform Seeking Alpha, said this week. Capitalizing on existing theories about the social media giant’s Libra protocol, the brief report suggested that publicity from mainstream consumers will ultimately flow into bitcoin. The collateral attention will only help the bitcoin…