Bitcoin

Bitcoin Price Analysis: BTC/USD To Top $20,000 By The End Of 2020 – Bloomberg Analyst

June 4th, 2020

Bitcoin stops under $9,700 en route to $10,000 according to the prevailing bullish technical picture. McGlone, commodities analyst at Bloomberg believes Bitcoin has the potential to hit $20,000 by the end of 2020. Bitcoin is back in the bullish phase after a considerable recovery from levels around $9,300. BTC/USD was forced back into the $9,000…

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

June 4th, 2020

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments…

Roger Ver Donates $10K in Bitcoin Cash to Casa de Amparo Children’s Shelter

June 4th, 2020

Just recently Bitcoin.com’s Roger Ver donated $10,000 worth of bitcoin cash to the charitable organization Casa de Amparo, a 501(c)(3) charity that helps children escape child abuse and neglect. Since 1978, Casa de Amparo has offered a myriad of programs that help those affected by and at risk of child abuse in San Diego County….

Bitcoin Miners Recording Massive BTC Outflows, Will Bulls Survive?

June 3rd, 2020

Just a day ago Bitcoin was seen lounging above 10K. However, in just a day’s time, the price of the coin plummeted back to the 9K zone. As per CoinMarketCap, Bitcoin witnessed a 5.91% drop in its price over the past 24-hours, at press time. Bitcoin’s New York  Minute Merely 24-hours ago, the crypto community…

Bitcoin Price Analysis: BTC/USD Plummets Under $9,500, Lack Of Volume Or Technical Breakdown?

June 3rd, 2020

Bitcoin price slashes a chunk of the gains accrued since the weekend trading; sabotaging recovery above $10,000. BTC/USD is in the hands of the sellers but consolidation is likely between $9,400 and $9,600. Bitcoin price turned heads earlier this week with its majestic rise to highs above the critical $10,000. In fact, the crypto extended…

Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies

June 2nd, 2020

Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand Returning Despite Covid-19 Travala.com, a website where travelers can book flights from over…

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

June 1st, 2020

The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The government has also proposed adding other…

With Riots Erupting in US Cities, Using Tools of Peaceful Protest Can be More Meaningful

May 31st, 2020

During the last six days, America has been feeling the wrath of a myriad of protests and riots in nearly every major city across the nation. The U.S. is experiencing an uprising like never before, but some of the protests and demonstrations could be more peaceful. Acts like not voting for the political class, and…

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

May 29th, 2020

Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC Buys 1.5 Times the Amount of Bitcoin Mined After Halving…

Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors

May 28th, 2020

Popular demand for cryptocurrency has prompted Australia’s leading micro-investing platform Raiz (formerly Acorns) to add a bitcoin investment option. Individual investors can round up their spare change and regularly invest in a bitcoin investment portfolio. Leading Australian Micro-Investing App Now Offers Bitcoin Exposure Australia’s leading micro-investing platform Raiz announced on Tuesday that it has launched…