Bitcoin back to $90K next? Traders diverge on BTC price pullback odds
BTC price behavior is either hinting at a deeper pullback or an RSI-fueled surge beyond $100,000, Bitcoin market observers conclude.
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Expect even more oversight of crypto from regulators, says eToro
Yonni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation. Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, the Israel-based…
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Ethereum Scam App Appears on Google Play Store, Malware Researcher Reports
Android’s Google Play Store has recently become a spot for hosting another reported Ethereum (ETH) scam application, The Next Web reports August 21. Lukas Stefanko, a malware researcher from Slovakia, found a fraudulent “Ethereum” application on Google Play that had been allegedly offered for purchase at price of €335 or around $388, according to The…
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What Mainstream Financial Advisors Are Saying About Bitcoin
During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC). Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market. Some Advisors say buy during market…
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Advisor holdings in Bitcoin ETFs rise, hedge fund stakes dip — Coinbase
Investment advisors are expanding their spot Bitcoin ETF holdings, but Coinbase warns that "large inflows" might not be seen immediately due to the slow summer period in the United States.
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Someone Say Bear Market? Bitcoin Sets 3 Huge New Records in 2019
Bitcoin (BTC) was, in fact, anything but bearish in 2019, as new data shows its technical strength has reached levels never seen before.An examination of three metrics — Bitcoin’s transaction count, USD transaction volume and hash rate — confirms the largest cryptocurrency firmly beat off bearish sentiment this year.Over the past twelve months, those measures…
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Crypto Analyst Ran NeuNer Retracts His Claim That Bitcoin Will Hit $50K in 2018
Ran NeuNer, the host of CNBC's CryptoTrader show, has rescinded his earlier prediction that Bitcoin (BTC) will reach $50,000 by the end of 2018, in a tweet Thursday, Nov. 1.NeuNer’s original prediction post from Feb.1, 2018 stated: “For the record, I am pinning this tweet. Bitcoin will finish 2018 at $50 000.” In his tweet…
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XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown
The increased penetration of cryptocurrency in the digital payment arena appears to be affecting the landscape of cross-border remittances. Financial institutions and other mainstream establishments are now jostling with blockchain startups for control over an industry that could possibly experience massive growth over the next few years.With more participants comes greater competition and an emphasis on creating the…