Coins

‘Bitcoin is Becoming Mainstream’, Judging from Trump and Fed Chairman’s Views

July 12th, 2019

The President of the United States spoke about Bitcoin [BTC] and cryptocurrencies for the first time via a twitter thread. While any trader would anticipate a big move in Bitcoin, his unbiased views hardly caused any change in Bitcoin price. Furthermore, it has turned the belief of a Bitcoin supported stronger than ever. Asiff Hirji,…

US President Trump Speaks on Bitcoin and Libra – Here’s How Market Reacted

July 12th, 2019

US President Donald Trump, who is more vocal about his feelings and thoughts than many, finally spoke about Bitcoin and cryptocurrencies. He not only gave his views in general but also spoke negatively about Facebook’s cryptocurrency plans with Libra. While his views were not favorable towards Bitcoin or any cryptocurrency, it hardly had an effect…

Will Bitcoin Break Above $14000 or Fall Back Below $10,000? – Analysts Weigh in

July 12th, 2019

Bitcoin’s [BTC] failed attempt at a break-out the last day has significant implications on its price analysis. This is because it comes at a time when the market sentiment has a high bullish penchant. A couple of reasons or catalysts might have caused the drop, including Jerome Powell’s criticism of Libra. Moreover, the fact that…

Are Bitcoin and Gold Prices Correlated? – ‘Pomp’ and Schiff to Battle Soon

July 11th, 2019

Bitcoin [BTC] dropped from 13,000 levels from yesterday to trade below $11,800. The bulls failed to break the price above new yearly highs near $14,000. The price of Bitcoin [BTC] at 4: 45 hours UTC on 11th July 2019 is $11,430. It is trading 11.72% lower on a daily scale. BTC/USD 1-Day Chart on Bitstamp…

Breaking: SEC Approved Crypto Token to be Launched Today

July 11th, 2019

Blockstack Public Benefit Corp has announced the SEC has approved the upcoming Public Token Offering from the non-profit firm under Regulation A+. The firm is planning to raise $28 million through the offering. Blockstack is a decentralized computing network that provides a platform for the development and execution of Decentralized Applications. Currently, 165 applications are…

Binance Opens New Fiat-to-Crypto Exchange in Singapore

July 10th, 2019

One of the largest crypto exchanges, Binance has officially opened a new branch in Singapore. It is enabling Singaporeans to trade digital assets with their fiat currency (Singaporean dollar SDG). Binance Opens Fiat Exchange in Singapore So far, Binance exchange has launched two fiat exchanges – Uganda (UGX) and Jersey (EUR, GBP). Binance Singapore is…

Former PBoC Governor Criticizes Libra, Outlines Libra’s Shortcomings

July 10th, 2019

According to a trend of tweets made by CnLedger on Wednesday morning, former People’s Bank of China‘s governor, Xiaochuan Zhou has made a comment about the highly controversial Facebook’s proposed cryptocurrency, Libra. According to Zhou through CnLedger’s Wednesday tweet, Facebook’s Libra may pose difficulties on global monetary policies and disrupt the existing financial system. Cryptocurrency…

Bitcoin (BTC) Revives Uptrend Jumping Above $13,000; Ripple (XRP) Price Vulnerable to Losses

July 10th, 2019

Bitcoin is among the biggest single-digit daily gainer on the crypto market on Wednesday. Bitcoin Gold (BTG) is leading with gains above 6% among the top twenty digital assets. Bitcoin has appreciated in value adding 3.71% on the day. BTC/USD opened the session at $12,570 and corrected to highs around $13,155 and is currently holding…

VC Predicts Bitcoin at $1 Million, as Joe Kernen Finds Flaw in the Arguments

July 10th, 2019

Early Bitcoin investor, Venture Capitalist and a disciple of Warren Buffet, Chamath Palihapitiya is still bullish on Bitcoin. Chamath who is the CEO and founder of Social Capital has also worked with Facebook during its early days. Chamath has first bought Bitcoins when it was around $100 even less. Reportedly, he has been accumulating Bitcoins…

‘Tangle in Taipei’ Debate Report: Did Nouriel Win Over Arthur on ‘Gambling’ Bit?

July 9th, 2019

The Tangle in Tapie between BitMEX CEO Arthur Hayes and American Economist, Nouriel Roubini has gripped the attention of the financial industry. The two opposing sides are staunch believers of their ideologies; while Hayes is a cryptocurrency fanatic, Nouriel is a staunch critic. What made matters more impressive was the fact that the debate was…