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ViewBitcoin violated crucial resistance near $8,460 on Tuesday, strengthening the case for a rise to the 200-day average at $9,100.The pullback seen in the last 12 hours or so lacks volume support and could be short-lived. Acceptance under Tuesday's low of $8,100 would abort the short-term bullish bias. Indicators, however,
Read MoreThe price of Bitcoin SV (BSV) increased by 123 percent on a single day, on January 14. Many factors were discussed as reasons behind its upsurge, but one top crypto trader 5 pointed towards a different factor.Joe007, the best performing trader on Bitfinex, a top three crypto margin trading platform
Read MoreBitwise Asset Management has withdrawn its application with the Securities and Exchange Commission (SEC) for its proposed bitcoin exchange-traded fund (ETF).The firm requested the withdrawal in a filing posted with the SEC on Tuesday.While the news may disappoint those in the investment community keen to see the first ever bitcoin
Read MoreThe Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.CryptoX reported in an investigation on Dec. 30, 2019 that we had found
Read MoreOn Monday, according to a court filing to the U.S. District Court of Southern Florida Craig Wright, the Australian entrepreneur who claims to be the real creator of Bitcoin, “provided the necessary information and key slice to unlock the encrypted file”. As he said, these private keys are needed to
Read MoreThis is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk
Read MoreThe cold as winter market suddenly turns hot: major coins getting a significant bump in prices. Specifically, the main Bitcoin forks are hitting the price roofs with Bitcoin Cash, Bitcoin SV and a hefty of other coins gaining a larger price per coin in no time. The SV rise from
Read MoreOver six months after the crypto industry leader Block.one, parent of the cryptocurrency EOS, teased us with an improved version of the EOSIO 1.0 protocol, the blockchain firm is back on the scene with a better, faster and more secure version: the EOSIO 2.0.Around mid-2019, Block.one announced a newer version
Read MoreFirst Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world.His plan: link thousands of ATMs run by dozens of often small-time operators with a comprehensive know-your-customer, transaction monitoring and regulatory compliance solution that streamlines every aspect of the back-end business.“We want to create a consortium
Read MoreBitcoin extended its rally above the $8,800 resistance against the US Dollar. However, BTC price might now correct lower towards $8,400 or $8,300 before a fresh increase.Bitcoin price climbed to a new 2020 high at $8,898 against the US Dollar.The price is now showing signs of a downside correction below
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