Crypto News

Bitcoin Spikes 5% to $4,100 in 2 Hours, Analyst Says Market Looks Bullish

Within less than two hours, the Bitcoin price surged from $3,920 to $4,137 by more than 5 percent against the U.S. dollar. The Bitcoin price surged above $4,100. The abrupt and strong performance of the dominant cryptocurrency fueled other major crypto assets in the likes of EOS, Ethereum, and Litecoin to record large gains in […]

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Amid Sudden Bitcoin Rally Past $4,000, EOS Pushes $4

Just one weekend after it passed $3,600, $3,700, and $3,800 in rapid succession, Bitcoin (BTC) surged again. For the first time in a number of weeks, BTC surpassed $4,000 on Saturday, in a move that seemingly came straight out of left field. Much like the rally that was seen a week prior, this move to the upside […]

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Bitcoin Traders Beware: Group of Robbers Gruesomely Torture Netherlands-Based Crypto Trader

It seems that each month a fresh story surrounding crypto-related scams and fraud surfaces, but the victims of these stories are typically isolated, and the scope of their victimhood is usually limited to financial losses. Despite this, one Bitcoin trader was recently attacked by a group of armed robbers who tortured him using gruesome tactics […]

Crypto News

Bitcoin Price Rips Past $4,100, Crypto Market Cap Hits $139 Billion

The bitcoin price broke higher on Saturday, ripping past the psychological resistance at $4,000 and briefly stretching above $4,100. The flagship cryptocurrency had been hovering in the low $3,900s for most of the week after touching $4,000 on Feb. 18. Trading volume had begun to decline, leading some analysts to question whether the market was […]

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Bitcoin (BTC) Explodes Past $4,100 With Record Exchange and Futures Volume, Is It a Dead Cat Bounce?

Bitcoin’s bulls awoke earlier today when the crypto markets surged, sending BTC to well over $4,100. This price surge came about after an extended period of sideways trading that signaled to traders that $4,000 was previously a strong level of resistance for the cryptocurrency. Today’s jump may have been fueled in part by a record […]

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America’s Founders Would Face-Slap Today’s Politicians

America’s $22 trillion national debt is transforming the land of the free into a dystopian wasteland of citizens who are enslaved to bondholders. (Bond, as in debt instrument, is rooted in the word “bondage,” meaning slavery.) US National Debt Crosses Another Disastrous Milestone On February 14, Valentine’s Day, the national debt reached $22.02 trillion, or $67,000 […]

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Crypto Tidbits: Elon Musk Enamored With Bitcoin, CME Futures Set Record, Samsung Delves Into Blockchain

What a crazy week it has been for the crypto space. Elon Musk lauded Bitcoin for its “brilliant” structure, subsequently claiming that crypto assets are evidently a better medium of exchange than banknotes. CME’s Bitcoin futures posted a new record, even amid the “nuclear winter.” And Samsung delved into blockchain with its “KeyStore” offering, slated […]

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How to Look Quarrelsome & Clueless When Criticizing Tesla’s Elon Musk

On Friday, the outgoing CEO of the largest chain of American auto dealers told CNBC that Elon Musk‘s bold ambitions for Tesla self-driving cars are “almost unethical.” Auto Dealers Throw Hissy Fit over Tesla’s Direct Sales Model Auto dealers are scared of Tesla & Elon Musk. | Source: Shutterstock AutoNation CEO Mike Jackson said on […]

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Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements

Saturday, Feb. 23 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time. Bitcoin (BTC) is hovering under the $4,000 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down 0.26 percent on the day, trading at around $3,976 after a brief mid-day high of […]

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Russian State Duma to Review Crypto Regulation, Oil-Backed Crypto in Development

The Russian State Duma (the lower house of the Federal Assembly of Russia) plans to review and adopt new cryptocurrency regulation in March.  The former Energy Minister Igor Yusufov is also proposing an oil-backed crypto, Russian financial outlet Rambler reported on Feb. 21. Furthermore, Rambler reports that the head of the Energia investment-oriented corporation, former […]

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Massive Dow Jones Rally Inevitable? Trade Deal Expected to Close in Near-Term

The Dow Jones and the rest of the U.S. stock market are expected to initiate strong rallies in the upcoming weeks as the confidence of investors in the prospect of a comprehensive deal between the U.S. and China grows. On Friday, several sources including The Wall Street Journal reported that the Trump administration is set […]

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In-Depth Analysis Of Binance Coin (BNB) ‘Almost Scary,’ Says Binance CEO

Kyle Samani of Multicoin Capital, this week shared an in-depth analysis and valuation of Binance Coin (BNB). In fact, the report was so detailed that Binance CEO Changpeng Zhao described it as “almost scary.” Once he’d had time to properly read it, that is. Spoiler: Multicoin Capital Is Long On $BNB The conclusion of the report is […]

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John McAfee Blows His Own Horn Over Bitcoin Price Predictions

The media and others have it all wrong when it comes to predicting Bitcoin’s price movements. This according to John McAfee who believes he’s the only one who can make such calls accurately. The founder of software giant McAfee took to Twitter this week to give his thoughts. But I Already Said That! It’s been […]

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Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22. Just like the Olympic torch, the Lightning Torch is being passed between members of the Lightning Network community. The trend first reportedly started when Twitter user and Bitcoin (BTC) enthusiast Hodlonaut sent […]

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Texas Crypto Fund Unveils Two New Ways to Value Bitcoin

In a paper published this week, Tuur Demeester’s US crypto fund, Adamant Capital, suggests two new ways of determining the relative market value of Bitcoin. One measures investor sentiment; it’s called Relative Unrealized Profit/Loss Ratio. HODLer Position Change (HPC) is perhaps more interesting. Adamant finds HPC by measuring blockchain “liveliness.” They explain the concept as […]

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US SEC Bitcoin ETF Decision Will Influence Local Crypto Regulation: Korean Official

South Korea has joined the cryptocurrency community when it comes to waiting for the US’ verdict on Bitcoin exchange-traded funds (ETF). The nation’s sole bourse operator, Korea Exchange (KRX), admitted that it was carefully observing the constantly-unfolding crypto ETF scenario in the US. An official at the exchange – on condition of anonymity – told the Korean […]

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Blockchain Company CasperLabs Appoints Ethereum Researcher Vlad Zamfir as Lead Architect

Blockchain protocol research and development company CasperLabs has appointed Ethereum Foundation researcher Vlad Zamfir as lead consensus protocol architect, a Medium post by the company reveals on Feb. 22. CasperLabs is a company trying to develop the so-called correct-by-construction Casper proof-of-stake (PoS) Ethereum (ETH) consensus algorithm. In a PoS cryptocurrency, block creators are chosen by […]

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How to Pay Employees With Bitcoin in 2019

If employers want to compensate workers in an unconventional way, they may think about doing so with bitcoin. It’s an option some companies have pursued, but it’s not always as straightforward as some enterprises may assume. Work With a Specialty Company or Accountant Bitwage is a company that has specialized in the emerging desire that […]

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Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one with access to the exchange’s cold wallets. As Cointelegraph reported earlier this week, […]

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51% Attacks for Rent : The Trouble with a Liquid Mining Market

Anthony Xie is the founder of HodlBot, a tool that helps investors diversify their portfolios and automate their trading strategies. ––––––––– In order to remain decentralized, cryptocurrencies using a proof-of-work system must not allow a single party to control the majority of total hashing power. But as the global pool of hashing power grows more […]