Bitcoin

Crypto-Based Commerce Spikes 65% in 7 Months

November 9th, 2019

Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase in volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s prolonged crypto winter. $5.5 Million of Crypto Used in Commerce Daily After…

How Crypto Winters of Bitcoin’s Past Compare to Today

November 8th, 2019

Cryptocurrency and bitcoin proponents have been patiently waiting to see if crypto winter is returning as the recent price decline has shaken investors. Digital assets have been meandering aimlessly over the last week and in order to gain some perspective, it’s always good to study the last decade of previous bear market trends. Crypto Prices…

Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash

November 8th, 2019

Though his latest project with partner and fellow activist Amanda Rose, Candles in the Dark, is a program helping people escape authoritarian programming through non-confrontational dialogue, there’s nothing meek and mild about Larken Rose’s stance when it comes to government. News.Bitcoin.com recently connected with the outspoken anarchist via Skype to talk about Bitcoin, the IRS,…

Bitcoin Meltdown to $8,500 Is The Only Option to $10,000 – BitMEX Margin Trading

November 8th, 2019

The strategy of ‘buying the dip’ has become the most used among Bitcoin investors. This because BTC has shown the potential to pull upwards after jaw-dropping free fall movements. A recent example is Bitcoin breakdown to $7,300. The move was followed by an unbelievable recovery move to highs almost brushing shoulders with $10,600. Unfortunately, the…

Canadian Regulator Seizes Troubled Crypto Exchange

November 6th, 2019

The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against another crypto exchange after receiving multiple complaints. Exchange Seized The British Columbia Securities Commission…

XBT/USD Analysis: Triangle Breakout Targets $10k But Where Are The Bulls? BitMEX Margin Trading

November 6th, 2019

Bitcoin staged a move towards $10,000 earlier this week but stalled short of $9,600. The shallow correction north followed a perfect breakout from a symmetrical triangle pattern. Following the surge that could not be sustained above $10,500, XBT/USD began a consolidation phase. While the movement towards $10,000 has been greatly thwarted by the presence of…

Bitcoin Price Fails to Break Resistance Around $9600 – Will Bounce Occur?

November 5th, 2019

Bitcoin [BTC] price moved up from its short term range above $9350. It recorded a high of $9586 on Bitfinex. However, the bulls failed to break above resistance from the 100-Day Moving Average. BTC/USD 1-Day Chart on Bitstamp (TradingView) Crypto trader, Josh Rager noted, About time $BTC, Nice push, battling the weekly open resistance at…

China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin

November 5th, 2019

Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain, and smart contracts. The app is designed to teach “Xi Jinping Thought.” Anti-Blockchain Articles Censored Following President Xi Jinping’s very bullish speech on blockchain technology,…

Bitcoin Price Must Breach $10,000 for Long-Term Bull Action, Says Tone Vays

November 4th, 2019

Bitcoin price closed the weekly on a red with a 3.66% decline. The price recorded at a high near $10,000 as CME futures price broke bullish. However, it was soon neutralized by selling pressures. The weekly closing price is $9207. BTC/USD 1-Week Chart on Bitstamp (TradingView) The market remained dull for the most part of…

Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight

November 4th, 2019

A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels inside an unassuming piece of hardware. Stash…