Why the World’s Largest Bitcoin Exchange is Fighting a VC Behemoth Changpeng Zhao has filed a claim for compensation against Sequoia Capital (China) for unfairly preventing him from raising funds for Binance, which has since become the biggest crypto exchange in the global market. The chief executive blamed the venture capital firm for falsely accusing him
Could Bitcoin Reach $100,000 in 2020? This Indicator Says Aye Bitcoin is about to get a lot more expensive than it is today, according to Dr. Julian Hosp. The author of ‘Cryptocurrencies Simply Explained‘ evaluated bitcoin’s future performance based on a textbook indicator that measures abundance in commodity markets. Titled Stock-to-Flow Ratio, the index measures the
Bitcoin (BTC) Price Smashes Resistance: Bulls Target Fresh High Bitcoin price started a strong rise above the $7,800 and $8,000 resistances against the US Dollar. The price gained traction and even traded close to the $8,200 resistance area. This week’s followed important declining channel was breached near $7,960 on the hourly chart of the BTC/USD
Crypto Assets Compared to Dot Com Domains Shows Unrivaled Growth Performance Cameron Winklevoss, early Bitcoin investor the outspoken co-founder of the Gemini crypto exchange, is a staunch supporter of what he and his brother Tyler call the Future of Money. They and their exchange have worked to elevate the industry and help it shed the
Analyst: Bitcoin Must Close Above $8,200 In Order for Bullish Momentum to Extend Bitcoin has once again incurred a sudden influx of buying pressure that has allowed it to continue climbing higher after briefly dipping as low as $7,500 over the past couple of days. Although BTC’s surge back above $8,000 is certainly positive, it
No, Forbes, Facebook’s Newly Detailed Not-So-Crypto is No Rival for Bitcoin The launch of a crypto-like-currency by social media giant Facebook has been the topic of many discussions in the Bitcoin and digital asset space recently. However, little was known about it outside of the company developing a mysterious blockchain department and rumours about a
Can Litecoin Halving Spark Crypto Alt Season and Boost Bitcoin Price Higher? Each halving in Bitcoin is typically front run by a bull cycle, where the price of the leading cryptocurrency by market cap experiences rapid volume expansion and price mark up. The digital silver to Bitcoin’s digital gold, Litecoin, also experiences such a phenomenon
Bitcoin Ceiling at $8,500 But AT&T is a Stamp of Approval Bitcoin capped at $8,500 AT &T now accepts Bitcoin, partners with Bitpay An observer is of the view that the next Bitcoin will not be “Bitcoin” or even a cryptocurrency. If that is correct, it may explain investors’ renewed optimism now that Wall Street
Corporate Giants Embracing Crypto is Massive Boon For Bitcoin: Researcher Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive. This trend continued on Thursday, with a multibillion-dollar telecommunications giant revealing that it would be
Another Pullback Paused as Bitcoin Bounces Back Towards $8k For the second time in as many weeks the Bitcoin pullback that was expected has not materialized. BTC found support above $7,800 and its slide has been halted … for now. Bitcoin Bounces Back Yesterday NewsBTC reported that the correction had started and there was a
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