XBT/USD Analysis: Bitcoin Stays above $9,000 As $10,000 Becomes A Pipe Dream – BitMEX Margin Trading

November 4th, 2019

Bitcoin has less than two months to actualize the anticipated end-year rally. From my perspective, return to levels around $20,000 is not only unlikely but also a mirage. However, for Bitcoin anything is possible. For instance, last week Bitcoin zoomed to levels at $10,500 and immediately reversed to levels marginally beneath $9,000. XBT/USD one-hour chart…

Fraudster Claiming to be Bitcoin Co-Founder Duping People for Over a Year

November 4th, 2019

A person named Jorg Molt has been claiming to be the co-founder of Bitcoin and that as founder he owns 250,000 BTC (worth $2.2 billion). Apparently, he is using this lie to dupe conference organizers and investors. He has also authored a book on Bitcoin, The Generation Bitcoin, published in July 2018. The book is…

Is the Increasing US Debt A Stage Setter for Bitcoin? – A Realistic Take

November 3rd, 2019

The United States national debt has now crossed $23 Trillion. Furthermore, debt per the United States citizen sums up to $69, 724. In a way, central banks are paving way for the smooth transition of Bitcoin into traditional finance. While traditional finance enjoys the trust of the major US population, Bitcoin is here to stay….

Tweet Wars – Crypto Analyst Equates Max Keiser With “Filth”, “Human Slime”

November 2nd, 2019

In a recent interview by Kitco News, Max Keiser, Bitcoin supporter and founder of Heisenberg Capital, called bitcoin skeptic Peter Schiff aka Goldbug an “imbecile”. Schiff, however, simply used Keiser’s comments from the interview to support his opinion that Bitcoin would be bearish while gold would be bullish in the future on Twitter. Crypto influencers…

Will China Ban Crypto for Capital Control? Expert on the Politics Behind Digital Currency

November 2nd, 2019

“What will happen to my freedom to build wealth, my secrets and safety?” one user asked on Chinese social media platforms in the apprehension of the digital currency.  China’s digital currency plans have far-reaching implications. The idea that began with Bitcoin’s and crypto’s rise five years ago is now shaping out to be a gigantic…

BitMEX Exposes the Email Addresses of Thousands of Users in its Email Announcement

November 1st, 2019

In a blog post published today, BitMEX announced that it will revamp its indices across all products to ensure that the reference prices “more closely reflect the market consensus price of underlying assets”. While the news is a good one, it made a blunder in updating its users.  BitMEX’s Blunder – It CC’ed the Email…

Binance US Lists Cryptocurrency that Surged Nearly 100% Last Week

October 31st, 2019

The San Fransisco registered division of Binance has announced the addition of NEO and Cosmos (ATOM) as their 22nd and 23rd cryptocurrencies. As stated, Trading for the NEO/USD, NEO/USDT, ATOM/USD, and ATOM/USDT trading pairs will open on October 31, 2019, at 9:00 pm EST /6:00 pm PST. NEO/USD 1-Day Chart on Huobi (TradingView) NEO gained enormously…

Tron Gains 50% in a Week as Samsung and China Extend Blockchain Support

October 30th, 2019

Tron [TRX] recorded another positive leg to its bullish momentum, which began last week. Price gained 53.5% as the bullish reversal in the crypto started on 24th October 2019. It tested a short term high at $0.023.  Price further added to the gains as Samsung extended support for TRX on its Blockchain Keystore. TRX/USD 1-Day Chart…

Breaking- Binance Enables P2P Trading For Binance Coin [BNB] In China

October 29th, 2019

Per a recent tweet by Binance, a trader in China can now trade Binance coin via the Binance app.  Will Binance Enable BNB Trading in India? Source- Twitter The announcement garnered interesting responses from crypto twitter. The comments further led to speculations if Binance’s next step will be enabling P2P trading in India. Source- Twitter…

XBT/USD Analysis: Bitcoin Momentum Stalls But Is $10,000 Recoverable?

October 28th, 2019

BTC/USD perpetual inverse swap contract on BitMEX exchange went through a reckoning upward ride on Friday and over the weekend session. The asset rose from the ashes below $7,500 to highs above $10,500 in less than 48-hours. The entire crypto market also reacted in tandem with Bitcoin as they scaled above some key support levels….