Thursday, May 23Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Here’s Why Gold Bull Peter Schiff is Blessing in Disguise for Bitcoin

PRICE ANALYSIS
Please share if you find this article interesting. Here’s Why Gold Bull Peter Schiff is Blessing in Disguise for Bitcoin The economic atmosphere in the United States has changed drastically over the last six months. Ahead of last year’s close, the stock market tanked, consumer spending experienced a sharp decline, and prominent economists predicted that a recession was around the corner.And now, in May, the US economy is working smoothly and steadily without any sudden changes. Nevertheless, the pessimism and uncertainty about the future are higher than they have been since the last economic crisis. Business confidence underwent a terrible shock earlier this year due to the US government shutdown and further dipped owing to escalating economic tensions between the US and China. T
Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange

Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Collapsed Cryptopia Founder Wants You to Put Funds on His New Exchange Because there are, apparently, second acts in crypto, the creator of the defunct Cryptopia exchange is trying again with a new exchange product called Assetylene. The exchange, which touts itself as “New Zealands most advanced crypto trading platform,” is run by Adam Clark, the former founder and programmer for Cryptopia. Cryptopia went into liquidation on May 15 after a major hack that drained an estimate $16 million-worth of crypto last year. Most recently the stolen funds are currently moving out of the hacker’s wallets and onto various exchanges. One would assume, then, that the founder of a hacked, shuttered exchange, wouldn’t try again so quickly. One wo
Bitcoin On the Defensive With Price Below $8k

Bitcoin On the Defensive With Price Below $8k

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin On the Defensive With Price Below $8k View BTC has traded in a narrowing price range over the last 48 hours, aborting the immediate bullish view put forward by Sunday’s double-digit gains. A range breakdown, if confirmed, would allow a price drop toward $7,200. That looks likely with multiple signs of bullish exhaustion on the daily chart. The outlook, however, would again turn bullish if the contracting triangle ends with a bullish breakout. In that case, the price could rise to $8,500. Bitcoin is teasing a downside break of its recent trading range, having again faced rejection above $8,000 earlier today. The cryptocurrency market leader jumped more than 12 percent on Friday, reviving the case for a potential break abov
How to Buy Pizza With Bitcoin Cash – Bitcoin News

How to Buy Pizza With Bitcoin Cash – Bitcoin News

BITCOIN
Please share if you find this article interesting. How to Buy Pizza With Bitcoin Cash - Bitcoin News Every year on May 22, the cryptocurrency community marks this day in 2010 when Laszlo Hanyecz purchased two pizzas for 10,000 bitcoins. To help you celebrate Pizza Day, here are a variety of options to buy to pizza with bitcoin cash (BCH) in different countries around the world. Also Read: How to Check Median BTC and BCH Transaction Fees How to Buy Pizza With BCH on Bitcoin Pizza Day 2019 One of the simplest ways to pay for pizza with bitcoin cash (BCH) in the U.S. is to get a gift card for you favorite joint on the Bitcoin.com Store. Here you can order cards for use in major national chains such as Domino’s and Papa John’s as well as smaller regional options. To find a place s
Firefox Browser Adds Option to Automatically Block Crypto Mining Scripts

Firefox Browser Adds Option to Automatically Block Crypto Mining Scripts

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Firefox Browser Adds Option to Automatically Block Crypto Mining Scripts Mozilla has released an update for its Firefox browser which includes an option to block cryptocurrency mining scripts on websites. The option is being offered alongside control of cookies and trackers in the “Privacy & Security” tab of the browser, where users can now also choose to tick a box that prevents “cryptominers” from running, Mozilla announced on its blog Tuesday. Crypto-mining scripts on websites run in the browser, normally without users’ knowledge or consent, using the power of the computer processor to mine cryptocurrency for hackers’ personal gain. “These scripts slow down your computer, drain your battery and rack up your electric bill,” Moz
Israeli Court Rules Bitcoin Is an Asset – Bitcoin News

Israeli Court Rules Bitcoin Is an Asset – Bitcoin News

BITCOIN
Please share if you find this article interesting. Israeli Court Rules Bitcoin Is an Asset - Bitcoin News An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing the central bank’s definition of currency. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Latest Court Ruling on Nature of Bitcoin An Israeli central district court reportedly ruled in favor of the country’s tax authority Monday, recognizing bitcoin as a financial asset and not a currency. Profits on its sale in Israel are therefore su
Bitcoin (BTC) Price Trading Sideways: Bulls Eyeing Fresh Increase

Bitcoin (BTC) Price Trading Sideways: Bulls Eyeing Fresh Increase

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Trading Sideways: Bulls Eyeing Fresh Increase Bitcoin price failed to gain momentum above $8,150 and $8,200 against the US Dollar.The price is slowly moving lower in a range and it could test the $7,700 or $7,660 support.This week’s followed key bullish trend line was breached with support near $7,980 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair may continue to trade in a range before a fresh increase above the $8,000 and $8,150 levels.Bitcoin price is struggling to climb further higher within range against the US Dollar. BTC might decline in the short term before a fresh rise above the $8,200 resistance.Bitcoin Price AnalysisIn the past few sessions, there were Looking at the chart
Ripple (XRP) Price Following Uptrend: Can Bulls Take Over?

Ripple (XRP) Price Following Uptrend: Can Bulls Take Over?

PRICE ANALYSIS
Please share if you find this article interesting. Ripple (XRP) Price Following Uptrend: Can Bulls Take Over? Ripple price found a strong support near the $0.3800 level and recently moved higher against the US dollar.The price is now placed above the $0.3950 and $0.4000 levels and it could continue higher.Yesterday’s highlighted major bullish trend line is intact with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair remains well supported and it could continue to rise above the $0.4100 resistance area.Ripple price is trading in a bullish zone against the US Dollar, while consolidating vs Looking at the chart, ripple price is trading nicely above the $0.3950 support area. Only a close below the 100 hourly SMA is likely to open the gat
Ethereum (ETH) Price Grinding Higher: Fresh Rise Above $265 Likely

Ethereum (ETH) Price Grinding Higher: Fresh Rise Above $265 Likely

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum (ETH) Price Grinding Higher: Fresh Rise Above $265 Likely ETH price is slowly moving higher and it is currently holding the $250 support against the US Dollar.The price is likely to gain pace above the $265 and $270 resistance levels in the near term.Yesterday’s highlighted ascending channel is intact with support near $252 on the hourly chart of ETH/USD (data feed via Kraken).The pair remains in a decent uptrend and it seems like there could be more gains above $270.Ethereum price is trading with a positive bias above the $250 support versus the US Dollar, but consolidating vs Looking at the chart, Ethereum price is currently trading with a positive bias above the $250 support area. Therefore, there are high chances of
Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia – Bitcoin News

Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia – Bitcoin News

BITCOIN
Please share if you find this article interesting. Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia - Bitcoin News On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made by Bitcoin.com’s CEO, Roger Ver, at the five-star Navis Design Hotel. Also read: Developer Creates Interwallet Transfer Plugin to Strengthen Bitcoin Cash Privacy Using the Elipay System to Purchase Goods and Services With Crypto in Croatia On Monday, Croatia got a crypto boost during a grand opening event that showcased a few Elipay merchants. The Elipay system