Bitcoin News in englischer Sprache

Bitcoin expects to face turbulent times this week as its dependence on macro fundamentals grow. S&P 500 earnings and the next fiscal stimulus bill are among the most influential catalysts that could drive the cryptocurrency lower. Nevertheless, it may retain its yearly bullish bias based on technical factors. The new week poses a big test for Bitcoin investors who are flying blind since its “halving.” The cryptocurrency is treading flat inside a $300 trading range […]... read more ...

During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout” against bitcoin. Moreover, a number of cryptocurrency proponents have been […] The post Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst appeared first on Bitcoin News.... read more ...

As Bitcoinist has extensively covered over recent weeks, Bitcoin is in an odd spot. The leading cryptocurrency currently trades above the support of $8,500 and below the $10,000 resistance. With BTC stuck between a rock and a hard place, investors have become indecisive as to what comes next. Nothing shows this as well as the funding rate of Bitcoin futures markets, which have trended towards 0.00%. Yet data has shown that quietly, institutional traders have […]... read more ...

Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive, it said in a report published July 10. For […] The post Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report appeared first on Bitcoin News.... read more ...

With recent rallies in altcoins from Ethereum and XRP to Cardano and more, it seems it’s “altseason” once again. Bitcoin dominance, after all, saw a crucial rejection that suggests altcoins have room to rally to the upside. Yet there remain analysts that believe XRP is unlikely to benefit from a rally in the altcoin market. XRP Is Poised to Fall Even Further, Says Trader as Fundamental Case Remains Weak Against Bitcoin and against the U.S. […]... read more ...

Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into cryptocurrencies add to the bullishness. Why Weiss Ratings Is Bullish on Bitcoin Weiss Ratings analysts […] The post ‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year appeared first on Bitcoin News.... read more ...

From a macro perspective, Bitcoin is still in a consolidation pattern. The cryptocurrency has printed a series of lower highs and higher lows over the past year, with prices tightening. Some, such as gold bull Peter Schiff, believe that this consolidation will resolve to the downside. But a recent analysis by a digital asset manager has found that Bitcoin looks almost identical to how it looked prior to 2017’s 2,000% rally. This lends to the […]... read more ...

Ethereum, like Bitcoin, was subjected to some intense volatility this morning The cryptocurrency’s price rallied as high as $244 before posting a swift rejection that sent it reeling down to $236 Bulls are now trying to stabilize it around $238, although this move does appear to have struck a blow to ETH’s technical strength How it trends in the days and weeks ahead could be influenced by today’s movements if buyers are unable to continue […]... read more ...

Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether has banned 40 Ethereum addresses holding millions of dollars […] The post Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure appeared first on Bitcoin News.... read more ...

Coinbase is selling its blockchain analytics software to the U.S. Department of Homeland Security and the U.S. Secret Service. Following criticisms from the crypto community, CEO Brian Armstrong defended Coinbase’s position. Coinbase Selling Analytics Software to US Government Public records on the U.S. government’s websites reveal that the San Francisco-based crypto exchange Coinbase has signed […] The post US Dept of Homeland Security Buys Analytics Software From Coinbase appeared first on Bitcoin News.... read more ...

Bitcoin saw some intense early-morning volatility today when its price rallied to highs of $9,350 before facing a swift rejection This caused it to subsequently reel beneath its $9,200 support, but buyers are now attempting to defend against further downside This volatility comes as the cryptocurrency’s weekly candle close fast approaches One analyst is now noting that this $300 movement may simply be the prelude to a much larger one He explained that historical data […]... read more ...

For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been redeemed. As of today, there are only 20,901 […] The post $424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent appeared first on Bitcoin News.... read more ...

By definition, Bitcoin is still in a bear market. One analyst recently commented in reference to the chart below. “Allow me to explain: BTC hasn’t made a higher high in a full year, so per definition, it’s not a bull market. BTC has made lower lows and lower highs consecutively for a full year, so per definition, it’s a bear market,” he wrote referencing the chart below that shows BTC’s price action and macro phases. […]... read more ...

Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days. As of the time of this article’s writing, the leading cryptocurrency sits at $9,200, holding the support in the $8,500-9,000 region. Unfortunately for bulls, BTC is purportedly forming a signal last seen before the asset plunged 60% in March. This adds to the growing similarities between the market top earlier this year and the price […]... read more ...

A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 […] The post 20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction appeared first on Bitcoin News.... read more ...

The Great Recession of 2008 spawned two things: Bitcoin and increasingly lower negative interest rates. To spur economic growth and ensure the stability of the macroeconomy, central banks around the world have been increasingly lowering their policy interest rates. In Japan and in much of Europe, interest rates are negative, meaning that banks get paid by central banks to borrow money. In some cases, this has spilled over onto consumers, with some government bonds yielding […]... read more ...

Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments […] The post Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile appeared first on Bitcoin News.... read more ...

As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were defined by their metal content. […] The post Christophe Cieters: Monopoly Money appeared first on Bitcoin News.... read more ...

Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies, […] The post Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers appeared first on Bitcoin News.... read more ...