Tag Archives: crypto

Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]

Research Shows That Holidays Cause FOMO Fireworks in Bitcoin Price Charts

Research Shows That Holidays Cause FOMO Fireworks in Bitcoin Price Charts

Yesterday, on the United States holiday dubbed Independence Day, the price of Bitcoin fell from $12,000 to just over $11,000 from daily candle open to close, providing fireworks for traders who spent the day in front of price charts instead of being poolside at a barbecue sipping on a cold Budweiser. However, in previous holidays, there’s been […]

Bitcoin Price (BTC) At Risk Of Correction Below $10,000, Reverse FOMO Trigger?

Bitcoin Price (BTC) At Risk Of Correction Below $10,000, Reverse FOMO Trigger?

Bitcoin price is finally taking a much-needed breather, after rallying for five months straight and bringing crypto investors who bought the bottom as much as 300% returns before it was rejected at $14,000 per BTC. The current price action has Bitcoin price trading in the mid- to low-$10,000 rangefollowing last night’s “ugly” daily, weekly, and monthly close – […]

Crypto Exchange Gemini Opens New Chicago Office Due To Increasing Institutional Demand

Crypto Exchange Gemini Opens New Chicago Office Due To Increasing Institutional Demand

Gemini, one of the most popular digital currency exchanges in the United States has recently announced that it is opening a new office in Chicago. This comes after Bitcoin (BTC) surpassed $13,700 on June 26, the highest level in over a year. According to Tyler Winklevoss, the co-founder and CEO of the platform, the goal is to […]

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

Given how slowly Washington lawmakers have taken to devise a coherent, informed view of cryptocurrency, the Chair of the House Financial Services Committee’s rapid leap to action last week over Facebook’s ambitious Libra project was remarkably fast. But let’s reflect not on the details of Rep. Maxine Waters’ (D-Calif.) urgent requests that  Facebook to cease work […]

Bitcoin Price Could Reach $100,000 Says Recognized Crypto Analyst

Bitcoin Price Could Reach $100,000 Says Recognized Crypto Analyst

The recognized crypto analyst and chartist, Peter Brandt, wrote a tweet in which he shows that Bitcoin could eventually reach $100,000. He commented that the most popular virtual currency is currently experiencing its fourth parabolic phase that dates back to 2010. Bitcoin has recently surpassed $10,000. Bitcoin Could Reach $100,000 According to Peter Brandt, Bitcoin is currently […]

Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch

Pro or Anti Bitcoin? Crypto Community Divided Amid Facebook Coin Launch

At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional assets, presumably ensuring it is nothing like other crypto assets. Joining the social media giant in this venture are star massive […]

Bitcoin Pumps Whilst Google Interest Declines: Evidence of Institutions Buying?

Bitcoin Pumps Whilst Google Interest Declines: Evidence of Institutions Buying?

Bitcoin is back above $9,300 again after the price pumped from just over $9,000 at the start of today to its current level of around $9,325 at the time of writing. Interestingly, despite today’s price surge, interest in the number one crypto asset by market capitalization appears to be down on popular search engine Google. This […]

US Regulators Might Be Unnecessarily Delaying Decisions on Cryptocurrency-related Applications

US Regulators Might Be Unnecessarily Delaying Decisions on Cryptocurrency-related Applications

The Financial Industry Regulatory Authority (FINRA), an independent, non-governmental regulator for firms offering financial securities in the U.S., has reportedly been reviewing around 40 different broker-dealer applications from crypto-related companies. According to Coindesk, several analysts believe FINRA might be postponing its decision regarding whether to approve certain crypto-related broker-dealer applications. This, as the self-regulatory organization (SRO) […]