JPMorgan Chase Settles Crypto Credit Card Lawsuit for $2.5M
JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards.
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Bitcoin sheds ‘dumb money’ as retail buys most BTC since March 2020 crash
Small-volume buyers are as interested in $48,000 Bitcoin as they were in $3,600 Bitcoin, data appears to show. 2203 Total views 7 Total shares Bitcoin (BTC) is back in fashion for regular investors at $48,000 as data confirms the biggest buying spree since March 2020.In a tweet on Dec. 14, statistician Willy Woo eyed a…
How to trade bull and bear flag patterns?
In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators.There are two types of flag patterns: bull flag and bear flag. While their outcomes are different, each flag exhibits five key characteristics, as listed below:The strong preceding…
Bitcoin price crashes below $48K, but is the bull market in danger?
Bitcoin’s (BTC) price has been grinding up nicely over the past few weeks, but the past 24 hours have seen a significant correction. BTC price dropped by over $10,000 from $58,000 to under $48,000, a correction of almost 20%. This pullback — which many anticipated as 28,000 BTC was deposited to Gemini — also caused other cryptocurrencies…
Daily Ethereum Transactions Exceed One Million, a First Since May 2018
Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan.Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered over…
Bitcoin Price Holds $10,000 as US Stock Market Sees Minor Uptick
Bitcoin (BTC) price climbed back above the $10,000 mark again while the top 20 are seeing mostly red on Aug. 1. Market visualization courtesy of Coin360Bitcoin price is currently up by 1.06% on the day, trading at around $10,034 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about…
China’s Monthly Crypto Rankings: Bitcoin Takes 11th Place, EOS Still Leads
In its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, application and innovation. The ranking results were published by Forex Crunch on July 31.The CCID Research Institute is an initiative of China’s Ministry of Industry and Information Technology that…
Watch Out for This Cryptojacking Botnet That Steals Data From Its Victims
Cisco Systems says a new botnet mines Monero and steals data from the victims. 1511 Total views 3 Total shares The threat intelligence team at Cisco Systems discovered a new cryptojacking botnet named “Prometei.” This botnet both mines Monero (XMR) and steals data from the targeted system.According to the paper sent to Cointelegraph, the botnet…
Bitcoin bounces again after briefly losing $40K support — Watch these BTC price levels
Bitcoin (BTC) bounced from a second $40,000 retest on Sept. 22 as China calmed global market fears over Evergrande.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewChina keeps up Evergrande cash injectionsData from Cointelegraph Markets Pro and TradingView saw BTC/USD trading above $42,000 Wednesday, with bulls still defending the psychologically significant $40,000 mark.The mood remained buoyant among…