Please share if you find this article interesting. Bitcoin Price Watch: BTC Bulls And Bears Lock Horns For Next Break Bitcoin price spiked towards the $4,000 resistance, but failed once again versus the US Dollar.The price traded lower and broke the $3,950 and $3,940 support levels.There was a break below a connecting bullish trend line with support at $3,925 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair remains well supported above $3,860 and the 100 hourly simple moving average.Bitcoin price is still facing a strong resistance near the $4,000 zone against the US Dollar. BTC bears and bulls locked horns as the price prepares for the next key break.Bitcoin Price AnalysisYesterday, we discussed about a possible upside acceleration above $4,000 in bitcoin...
Please share if you find this article interesting. Crypto Market Targets Fresh Highs: Bitcoin Cash, EOS, XLM, TRX Price Analysis The total crypto market cap declined recently, but it found support near the $126.5B level.Bitcoin cash price corrected lower and declined below the $146 and $145 support levels.EOS price is currently consolidating gains above the $3.85 support areaStellar (XLM) corrected higher, but it struggled to break the $0.0920 resistance area.Tron (TRX) is confined in a range below the $0.0255 resistance area.The crypto market is holding a crucial support and it could bounce back. Bitcoin (BTC), BCH, Ethereum, EOS, ripple, stellar (XLM), tron (TRX) and other major altcoins are likely to grind higher.Bitcoin Cash Price AnalysisRecently, bitcoin cash price started ...
Please share if you find this article interesting. Company Evades SEC Penalty Despite Illegally Issuing Security Tokens - Bitcoin News The U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on Wednesday that it did not impose a penalty on Gladius Network Llc even though the company has been charged with conducting an unregistered initial coin offering (ICO). The agency wrote in its order: The Commission is not imposing a penalty because of the significant steps Gladius took to remediate the v
Please share if you find this article interesting. Ripple Price Analysis: XRP Signaling Bearish Extension In Short Term Ripple price failed to stay above the $0.3250 and $0.3200 support levels and declined against the US dollar.This week’s followed major bullish trend line was breached with support near $0.3245 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair declined below $0.3200 and tested the next key support near the $0.3140 level.The current price action is slightly bearish, suggesting more losses towards the $0.3050 support area.Ripple price failed to hold gains and declined recently against the US Dollar and bitcoin. XRP/USD could decline towards the $0.3050 support before it can start a fresh upward move.Ripple Price AnalysisYesterday, we discus
Please share if you find this article interesting. Ethereum Price Analysis: ETH Hesitates But Break Above $150 Seem Likely ETH price is currently trading in a broad range above the $140 and $142 supports against the US Dollar.The price seems to be facing a strong resistance near the $148 and $150 levels.There is a key bullish trend line formed with support at $143 on the hourly chart of ETH/USD (data feed via Kraken).The pair must stay above the $140 support to clear the $150 barrier in the near term.Ethereum price is likely preparing for the next break against the US Dollar and bitcoin. ETH/USD could struggle in the short term, but it will most likely break the $150 resistance area.Ethereum Price AnalysisRecently, ETH price traded higher towards the $148 and $149 resistances aga...
Please share if you find this article interesting. Liechtenstein Bank Sets up Cryptocurrency Trading Platform for Institutional Investors A private bank in Liechtenstein has established a cryptocurrency trading platform for institutional investors. Balzers-based Bank Frick will offer the service through its new subsidiary DLT Markets AG. Also read: Irish Auctioneer to Sell off 315 BTC Seized by Belgian Police Investors to Gain Access to Multiple Cryptocurrency Markets According to a statement released by the bank on Feb. 20, DLT Markets will provide its customers with the infrastructural access to buy and sell digital assets from several exchanges. The company has said this “allows investors to trade and manage digital tokens in a regulated environment, as they are used to from
Please share if you find this article interesting. University of Michigan Endowment Backs Crypto Venture Capital Fund - Bitcoin News The financial endowment fund of the University of Michigan, one of the oldest and most established academic institutions in the U.S., is the latest institutional investor revealed to have entered the cryptocurrency ecosystem. Its endowment is backing a crypto venture capital fund managed by Andreessen Horowitz. Also Read: In the Daily: Sirin Labs Smartphone, Middle East Cbx Exchange, IPC’s Connexus Cloud University of Michigan Endowment Backs Crypto VC The University of Michigan’s financial endowment fund is a collection of thousands of individual endowments managed like a large mutual fund whose value reached $11.9 billion as of October 2018. Its
Please share if you find this article interesting. How Crypto Compliance Requests Strip User Privacy - Bitcoin News Money transmitting services that enable users to switch from crypto to fiat are a valuable resource. There’s still a shortage of cryptocurrency off-ramps, and thus reliable services that offer a reasonable exchange rate are to be cherished. But the convenience that crypto debit cards and other crypto-fiat exchanging services offer comes at a high price in terms of privacy. In addition to KYC enforced upon signing up, users are often forced to “prove” their funds are clean, leaving them with a dilemma: consent to deep privacy invasions or have their account suspended. Also read: 8 Crypto Debit Cards You Can Use Around the World Right Now The High Cost of Compliance
Please share if you find this article interesting. 'Bitcoin Killer' Onecoin Is Ashes But Investigations Continue to This Day - Bitcoin News Back in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its founders are in hiding after being charged with fraud and money laundering. Also read: Buyer Beware! The Definitive OneCoin Ponzi Exposé The Fall of Onecoin and the $4B Global Pyramid Scheme In 2019, many Onecoin affiliates are being charged with crimes by law enforcement agencies from multiple nation states after the Ponzi sch
Please share if you find this article interesting. CME Group's Bitcoin Futures See a Surge of Institutional Interest - Bitcoin News The Chicago Mercantile Exchange (CME Group) has seen a big spike in bitcoin futures volumes according to an internal investors email sent to clients on Feb. 19. CME Group’s note explains that last Tuesday’s BTC-based futures volumes touched a new record with 18,338 contracts traded and the firm says increased volumes may be due to gradually rising institutional interest. Also Read: This ‘Faketoshi’ Signature Tool Lets Anyone Become Satoshi Nakamoto Bitcoin Futures Volumes Spike in 2019 Cryptocurrency derivatives kicked into high gear in 2017 when two of the largest FX exchanges in the world, Cboe and CME Group, launched their bitcoin futures produc