Bitcoin Rebuffed at $11,000 But Still In Bull Territory
August 20, 2019
Bitcoin has failed the $11,000 test again although it was a
pretty half-hearted attempt. Touching $10,948 on Coinbase, the price quickly retreated to currently trade at . Just as the 200 MA on the day chart is providing support…
Bakkt Is Good For Bitcoin And Ethereum Too – The Market Hasn't Priced That In Yet
August 18, 2019
Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum. The long-awaited physically settled futures…
Binance KYC Photos Data Breach "False" But Exchange Investigates, Hacker Demands 300 BTC
August 7, 2019
A malicious hacker claims to have released Binance exchange customer data and that there’s more to come unless millions of dollars in bitcoin (BTC) is handed over. Binance has issued a statement denying that it has suffered a…
Yuan Falls, Bitcoin Jumps, Trump Says 'Major Violation' By China, Pressures Fed
August 5, 2019
Bitcoin (BTC) is currently trading up 8% at $11,787 on Coinbase on the back of a yuan devaluation that dramatically escalates the US-China trade war. It is difficult not to ponder that a nightmare scenario for
stocks might be…
How China And The Fed Are Boosting Bitcoin And Sinking Trump
August 2, 2019
US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and the more…
Trump Bitcoin Takedown To Provide Unintended Price Support For Crypto
July 12, 2019
Is there a Trump rally incoming for bitcoin? That’s what’s on the minds of many after US president Donald Trump tweeted on Thursday that he was “not a fan of bitcoin and other cryptocurrencies”. Although Trump is loved by…
Ban Bitcoin Crowd Go Quiet As JPMorgan-Owned ship Seized With $1.3 billion Worth of Cocaine Onboard
July 10, 2019
A JPMorgan Asset Management-owned ship has just been impounded by the US authorities because it was carrying in its cargo $1.3 billion worth of cocaine. Naturally, there have been no calls for the banning of cash, or investment…
Boost For Bitcoin Incoming As Fidelity Explores Blockchain And Trading Desk Nears
July 8, 2019
Fidelity International, a subsidiary of Fidelity Investments, is edging closer to entering the crypto space in what could be a major boost for bitcoin. Fidelity Investments has already set up a custody operation called
Fidelity…
