Monthly Archives: February 2020

Bitcoin Price Rebounds but CME Gap & $10.3K Remain Big Obstacles

Bitcoin price has recovered well since dropping to $9,352 but the CME gap at $9,740 and stiff resistance at $10,300 are placing traders’ sentiments in a grey area. Compared to the price action of the previous two weeks, this weekend has been relatively relaxed for Bitcoin (BTC) traders. On Saturday the price came within $10 of $10,000 before pulling back to $9,794 and at the time of writing the price continues to meet resistance at $9,900. Crypto market daily price chart. Source: Coin360 On the 6-hour timeframe, […]

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Bitcoin’s Bullish Battle, Ethereum 2.0, BCH Faces ‘Slow Death’: Hodler’s Digest, Feb. 17–23

Bitcoin is battling to resume its bullish trend, and Vitalik Buterin reveals the details of the Ethereum 2.0 roadmap to Cointelegraph. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin grapples with $10,000 — two scenarios for the week ahead Bears got their pound of flesh this week when Bitcoin […]

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How Traders Can Use Twitter to Anticipate Bitcoin Price Moves, Volume

Data shows that Bitcoin-related tweets have a positive influence on the next days’ trading volume but what about investment returns in 2019? Bitcoin (BTC) price has been testing the $10,000 mark this month as online metrics like the number of tweets and Google searches mentioning Bitcoin show a two year-high. Cryptocurrency market weekly overview. Source: Coin360 Several relationships have been established between external factors and Bitcoin price evolution. Most notably, social media metrics like the number of tweets mentioning a particular cryptocurrency, the number of comments or […]

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$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources

On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim. Also Read: Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor $30 Million in BCH and $14 Million in BTC Allegedly Stolen in a SIM Hack […]

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The State of Blockchain: Experts Weigh in on Adoption Around the World

Blockchain is becoming a hot topic, but is it being effectively implemented around the world? Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation. As happens with the spread of any emerging technology, certain regions are pulling ahead of the pack. Rado Dragov, the blockchain lead for the International Data Corporation, explained that there are a number of factors that […]

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Getting Into the Financial Services Revolution With Alex Tapscott

Alex Tapscott discusses his recently released book Financial Services Revolution with Cointelegraph. When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government will squash Bitcoin, as some fear. As he told Cointelegraph during a recent interview: “Crushing BTC in the U.S. is not feasible, in good part because key U.S. regulators have already supplied […]

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Cryptocurrency Explained on the Latest Episode of The Simpsons

Could this be a sign that the mainstream media is warming up to bitcoin again like they did before the 2017 rally? The Simpsons featured an almost two-minute segment explaining how cryptocurrency and blockchain work with the actor who played Sheldon Cooper on The Big Bang Theory. Also Read: 12.6M Viewers Will Hear About Bitcoin Watching The Big Bang Theory Cryptocurrency Explained on The Simpsons The animated family sitcom show that first aired in 1989 has featured an explanation on the nature of cryptocurrency in its latest […]

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Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC

The top performers of this week are a mixed bag as many altcoins are overbought but traders will be keeping an eye out for those that appear to be picking up momentum. After numerous big companies exited Facebook’s Libra project and several regulators voiced their concerns, news about the project had taken a back seat. However, this week, the Libra Association announced that E-commerce giant Shopify had joined the network. The Libra Foundation said that Shopify, an online marketplace hosting more than one million merchants, would be […]

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Crypto Appears on The Simpsons Where Jim Parsons Explains it’s ‘Cash of the Future’

As cryptocurrency being explained and predicted as the future cash in the mainstream TV sitcom Simpsons, the crypto fans are cheering for a bull run. One of the latest episode of “The Simpsons” aired has just aired featuring Jim Parsons of Big Bang Theory appearing as a guest star to explain cryptocurrencies and how a blockchain works. In the song and dance predicts cryptocurrency to be the future money, the animated ledger states: “Each day I’m closer, to being the cash of the future. Not in your […]

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Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers

Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive personal information. Also read: Regulatory Roundup – Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash Illegal Practices for Over 15 Years The U.S. Department of Justice (DOJ) announced Friday that Wells […]

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