The past two weeks have been phenomenal for Bitcoin. Soon after the break of the long-lasting $9,200 resistance on the 21st of July, Bitcoin picked up impressive steam and—just two days ago—recorded a fresh 2020 high above the $12,100 line. A whopping 31% rise. However, it was immediately met with a strong correction to previous […]
Given the crisis in the financial space of recent, we are likely to witness a surge in demand for bitcoin credit cards. These cards are not ‘credit’ cards per se but function more like debit cards; you fund them with your bitcoin (or any cryptocurrency of your choice), then use it like traditional debit or […]
An associate of the Ponzi crypto scheme with five men for $722 million pleaded guilty. Silviu Catalin Bacali, one of five people accused of pulling a long crook, pleaded guilty to the charges against him on Thursday, July 9. According to a court document of the Ministry of Justice, Bacali was charged with one charge […]
Andreas Antonopoulos, the prominent advocate of Bitcoin and the open blockchain, has said he wants more privacy for Bitcoin. He claims Bitcoin is never going to have absolute privacy. Antonopoulos made his views public on his YouTube channel through a live stream of Bitcoin Q&A. The post aimed to discuss privacy features, contrasting Bitcoin to […]
Bitcoin (BTC) will reach $50,000 over the coming 6 months, as per Nexo’s co-founder and managing partner Antoni Trenchev. Trenchev claims Bitcoin is going on a bullish wave to smash its current high record (ATH) of $20,000, touching $50,000 by year-end. He said this at a recent BlockDown conference in an interview. Trenchev clarified that […]
Jesse Powell, CEO of Kraken, forecasts that the Bitcoin value in the next two years may hit $100,000. In another optimistic outlook for the king coin, the CEO of the California cryptocurrency exchange says BTC will break the $100,000 mark by continuing its bullish move. In his interview with Bloomberg, he believes that since the […]
The New York Federal Court convicted Robert Farkas, founder of Centra Tech, to jail. On Tuesday, June 16, the Department of Justice published a press release on Centra Tech. According to the report, Farkas “pleaded guilty to one count of the securities fraud conspiracy and one count of money fraud” before Judge James L. Cott […]
A cryptocurrency analyst claims that Bitcoin’s historical highs were the result of price manipulation, including $20,000 that occurred in December 2017. Timothy Peterson, manager of Cane Island Alternatives Advisors, turned to social networks to express his opinion on the manipulation of bitcoins. His tweet of June 11th reads: “It’s taken 7 years for people to […]
Bloomberg seems to have joined the long list of entities on Bitcoin which are pretty bullish. The number one coin could be hitting $20,000 before the end of the year, as per a Bloomberg Crypto Outlook publication. One justification Bloomberg predicts that Bitcoin matures very amazingly. It contrasted the maturity rate of Bitcoin to that […]
