Sunday, August 19Your Daily Bitcoin & Altcoin News Portal

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Craigslist Sellers Can Now Request Cryptocurrency Payments

Craigslist Sellers Can Now Request Cryptocurrency Payments

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Please share if you find this article interesting. Craigslist Sellers Can Now Request Cryptocurrency Payments Online classifieds marketplace Craigslist has added a feature that lets users specify that they accept cryptocurrency payments. While the site's users have been able to point out in the text of their posts that they may take bitcoin or another cryptocurrency, the website now allows users to more directly advertise by selecting a check-off box for "cryptocurrency ok." First pointed out on Reddit on Dec. 7, posts with that box ticked include a note, but leaves the details about the currency to the two parties. As it stands, the feature appears to be relatively open-ended, leaving the cryptocurrency choice and the manner through which transactions are sent up to the buyer
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Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived

Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived

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Please share if you find this article interesting. Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived Bitcoin cash (BCH) is well bid today, but a close look at the numbers indicates the positive move could be deceptive. Prices dropped for the third straight day yesterday, signaling a transient victory for the bears in the ongoing tug of war with the bulls. Looking like it would head lower towards $850 (Nov. 17 low) earlier today, bitcoin cash instead regained the bid tone and rallied as high as $1,550 before trimming gains. The world's third-largest cryptocurrency by market value was last seen trading in the $1,450 neighborhood, as per data provided by CoinMarketCap. So, was yesterday's breakdown a "bear trap," or is the positive price action seen today a case of "...
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Correction Coming? Bitcoin Retreats After $17k High

Correction Coming? Bitcoin Retreats After $17k High

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Please share if you find this article interesting. Correction Coming? Bitcoin Retreats After $17k High Bitcoin prices are suffering this morning, following a record spike to over $17,000 overnight. As per CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency looked set to revisit the new high of $17,364 hit yesterday at 16:29 UTC, but ran out of steam at $17,153.94 at 1:59 UTC. Since then, however, bitcoin has taken a sharp downturn and was last trading at $14,794 levels at time of writing – a drop of close to $2,500 since yesterday's high. BTC has appreciated close to 150 percent over the last five weeks on speculation that a move to the mainstream via an entrance to the futures contracts market would increase demand for the cryptocurrency. That's even though the institutiona
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Moving Up: IOTA Overtakes Ripple, Finds New Price Base

Moving Up: IOTA Overtakes Ripple, Finds New Price Base

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Please share if you find this article interesting. Moving Up: IOTA Overtakes Ripple, Finds New Price Base Following an astonishing rally in recent days, the IOTA bulls look to be having a breather. IOTA exploded earlier this week, likely due to a newly announced partnership with Microsoft, Samsung and others for the launch of a data marketplace for the internet of things. The cryptocurrency, which was trading below $1 around 10 days ago, jumped more than 450 percent to hit a new lifetime high of $5.55 yesterday. That move erased previous record highs near $1.10 set on Aug. 17, and caused IOTA to jump up to become the fourth largest cryptocurrency by market capitalization on the CoinMarketCap rankings. As of writing, the cryptocurrency is at $3.50. Also as per CoinMarketCap, IOTA ...
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$15,000: Is There a Limit to Bitcoin’s Meteoric Rally?

$15,000: Is There a Limit to Bitcoin’s Meteoric Rally?

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Please share if you find this article interesting. $15,000: Is There a Limit to Bitcoin's Meteoric Rally? Bitcoin's stellar run continues with prices leaping one major psychological hurdle after another. At 11:00 UTC today, the world's largest cryptocurrency by market value reached a new lifetime high of $15,058, according to CoinDesk's Bitcoin Price Index (BPI). In the last 24 hours, bitcoin (BTC) has appreciated by more than $2,000. As per CoinMarketCap, gains are close to 19 percent over the same period. Prices have since dropped back slightly and stand at $14,562 at press time The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin is pricing in the entry of big institutional money via the introduction of the first BTC fut...
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Bitcoin’s Price Just Jumped $1,000 in 24 Hours

Bitcoin’s Price Just Jumped $1,000 in 24 Hours

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Please share if you find this article interesting. Bitcoin's Price Just Jumped $1,000 in 24 Hours The price of bitcoin passed the $12,000 mark for the first time ever last night, and currently shows little sign of stopping. Soon before press time, the number one cryptocurrency by market capitalization had peaked at a new all-time high of $12,798.78, as per CoinDesk's Bitcoin Price Index. Somewhat astonishingly, with today's low being $11,670, the record price marks a gain of $1,128 in less than 24 hours – a major move that defied predictions of a likely correction due to consistent overbought conditions over much of the last two weeks. According to CoinMarketCap, bitcoin has risen 9.63 percent in 24 hours, and 18.74 percent over the last 7 days. Trading volumes have climbed sli
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$12,795: Bitcoin’s Price Just Gained Over $1,000 in 24 Hours

$12,795: Bitcoin’s Price Just Gained Over $1,000 in 24 Hours

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Please share if you find this article interesting. $12,795: Bitcoin's Price Just Gained Over $1,000 in 24 Hours The price of bitcoin passed the $12,000 mark for the first time ever last night, and currently shows little sign of stopping. Soon before press time, the number one cryptocurrency by market capitalization had peaked at a new all-time high of $12,795.86, as per CoinDesk's Bitcoin Price Index. Somewhat astonishingly, with today's low being $11,670, the record price marks a gain of $1,125 in less than 24 hours – a major move that defied predictions of a likely correction due to consistent overbought conditions over much of the last two weeks. According to CoinMarketCap, bitcoin has risen 9.63 percent in 24 hours, and 18.74 percent over the last 7 days. Trading volumes ha
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$240: Monero Prices Hit Record High and Could Climb Further

$240: Monero Prices Hit Record High and Could Climb Further

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Please share if you find this article interesting. $240: Monero Prices Hit Record High and Could Climb Further Prices of the privacy-focused cryptocurrency monero are at an all-time high and could keep on climbing, chart analysis indicates. Monero (XMR) moved past previous record highs near $210 earlier today and was trading at the new lifetime high of $240.12 soon before press time. As per CoinMarketCap, XMR has appreciated 19 percent in the last 24 hours. Activity on social media indicates the investor community has taken note of cybersecurity pioneer and eclectic personality John McAfee's upbeat comments on the cryptocurrency. The noted antivirus inventor and CEO of MGTCapital, while talking to the media, said monero could be a serious competitor for bitcoin. Indeed, the crypt
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Adrenaline Rush Over? Bitcoin Eyes $12,000, But Correction Possible

Adrenaline Rush Over? Bitcoin Eyes $12,000, But Correction Possible

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Please share if you find this article interesting. Adrenaline Rush Over? Bitcoin Eyes $12,000, But Correction Possible Bitcoin may soon move to fresh all-time highs above $12,000, but signs of trader fatigue are still evident, price chart analysis suggests. Prices of the cryptocurrency have already neared Sunday's record high of $11,831 this morning, reaching $11,793 at around 08:00 UTC, as per CoinDesk's Bitcoin Price Index (BPI). At time of writing, bitcoin has dropped back a little to $11,649. Looking at CoinMarketCap data, bitcoin (BTC) has gained 4.18 percent in the last 24 hours, and 18% over the last 7 days. Importantly, the bulls scored a brownie point yesterday by ensuring that bitcoin closed (as per UTC) above last week's highs near $11,500. While prices did hit the new
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Bitcoin Spin-Offs Caught in a Bull-Bear Tug Of War

Bitcoin Spin-Offs Caught in a Bull-Bear Tug Of War

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Please share if you find this article interesting. Bitcoin Spin-Offs Caught in a Bull-Bear Tug Of War Bitcoin's recently forked spin-offs bitcoin cash (BCH) and bitcoin gold (BCG) are caught up in a tug of war between the bulls and bears right now. However, price analysis suggests that both struggles might soon be resolved one way or another. As of writing, bitcoin cash is at $1,522.60. As per CoinMarketCap, the cryptocurrency has depreciated by 5.9 percent in the last 24 hours. BCH peeped above $1,600 levels yesterday, possibly due to comments from CBOE president Chris Concannon that bitcoin cash could get its own derivatives market soon. However, a general pullback across the cryptocurrency market seems to have pushed BCH back below $1,500 levels. Bitcoin cash The above chart...