Tag Archives: Bitcoin

Crypto Market Sees Red as Bitcoin Price Drops $600 in 30 Minutes

Crypto Market Sees Red as Bitcoin Price Drops $600 in 30 Minutes

Bitcoin’s price slid more than $600 in 30 minutes, falling back below $10,000 on Wednesday. Beginning at 17:50 UTC and lasting until 18:20 UTC, BTC witnessed a large pullback from $10,200 to $9,600, followed by a small bounce near $9,740, providing temporary support. Bitcoin opened the day at just under $10,200. Over the trading day, […]

The five most important dates for Bitcoin until 2020

The five most important dates for Bitcoin until 2020

The crypto industry is gearing up for an event-packed few months. From the resolution of the New York Attorney General’s injunction against Bitfinex and Tether to the final decisions of the long-awaited cryptocurrency ETFs, here’s a list of some of the most relevant dates in the crypto industry to keep an eye on. Aug. 22: New York Attorney General’s […]

Weekly Bitcoin Price Indicator Shows ‘Bear Cross’ in First Since February

Weekly Bitcoin Price Indicator Shows ‘Bear Cross’ in First Since February

A widely-tracked trend-following bitcoin (BTC) price indicator is flashing a sell signal for the first time since February. The weekly moving average convergence divergence (MACD) histogram, which is used to identify trend reversals and trend strength, has crossed below zero and is currently printing a value of -25.13. That is the first negative value since the […]

Samsung Quietly Adds Bitcoin to its Blockchain Keystore

Samsung Quietly Adds Bitcoin to its Blockchain Keystore

Korean tech giant Samsung has added Bitcoin support to its Blockchain Keystore SDK. This will eventually allow users to use Bitcoin with applications via the company’s secure storage hardware featured on supported devices. In addition to adding Bitcoin, the Samsung Blockchain Keystore SDK will also support the Klaytn network too. Klaytn is the blockchain effort […]

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?

Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. The cryptocurrency has historically performed well at times of heightened geopolitical tension. This is due to […]

IBM Files Patent for a Blockchain-Based Web Browser

IBM Files Patent for a Blockchain-Based Web Browser

A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network. The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a network of […]

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

How Ray Dalio-And A Politicized Fed-Could Catalyze A New Generation Of Bitcoin Investors

Yesterday, President Trump took to Twitter to castigate the U.S. Federal Reserve for not cutting rates swiftly enough. Noting that three countries—New Zealand, Thailand and India—each announced surprise rate cuts on Wednesday, Trump said the Fed was not keeping pace: [The Fed] must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW… We […]