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Here’s Why Bitcoin Is Primed to Move Towards $13,000

Bitcoin is surging higher after holding in the high-$11,000s for a number of days. As of this article’s writing, the leading cryptocurrency trades for $12,150. Although this is not much higher than the breakout zone at $12,000, analysts are optimistic about what’s next for the market. This rally was predicated on a surge of spot market volume, adding fuel to the case for upside. BTC is expected to move to $13,000 next, which is around where the next level of macro resistance lies. Bitcoin’s ongoing rally seems to be influenced

Alt Season Reigns as Big Money Exits the U.S. Dollar

Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

Lukka Co-CEO Explains How Blockchain Data Saves on Taxes

On July 30th, over thirty of crypto’s top minds gathered for the largest single-day livestream trading event of its kind. Nine star-studded panels included mainstream trading expert Jon Najarian, macro investors Mike Novogratz and Raoul Pal, and technical analysis specialists Erik Crown and Tone Vays, among many others. Head over to the Cointelegraph YouTube channel now to watch the full recording of Cointelegraph Crypto Traders Live!The Cointelegraph Crypto Traders Live event was made possible by data company Lukka. Lukka focuses on processing blockchain and tokenized asset data to support normal

FAANG stocks And Digital Assets Are Flying

Which would you prefer, a large pizza split into eight slices, or a large pizza split into 12 slices? A normal, rational person might suggest that it really doesn’t make much of a difference, as it’s really the same amount of pizza. This poor Australian girl, however, will probably never live down the time her “friend” Brad filmed her saying that she’d prefer eight slices, because she couldn’t possibly eat 12 slices of Pizza. Well, today Jen can finally point out that the eternity of new-wave momentum traders are giving

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol

This article is about a technological concept based on the proposed Taproot protocol upgrade. If you’re not yet familiar with the basics of how Taproot works, it’s recommended that you first read this explainer.Taproot, a potential upgrade to the Bitcoin protocol first proposed by Bitcoin Core contributor Gregory Maxwell, is in its late stages of development. The technology consists of a clever combination of crypto-tricks that would let users hide complex smart contracts inside regular-looking transactions — the complexity is only ever revealed if parties to a contract are uncooperative.Leveraging

All Aboard the Bitcoin Express Says Max Keiser on Asian Capital Flight

For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048. Passed on June 30, 2020, the new law features 66 articles that affect many aspects of life in Hong Kong, including the potential for financial censorship by Beijing. The conditions for capital flight are ripe in the wake of this legislation. Investors Move 10% of Their Gold From

Q&A: How Blockchain Could Transform the Art Industry

The art world has had a tough time lately. The coronavirus pandemic has forced many galleries and museums to close, with sales of premium pieces also affected.But there could be a solution that helps the industry get back on its feet and achieve much-needed digitization: blockchain. Here, we talk to Niko Kipouros, founder and CEO of 4ARTechnologies, about how this technology could transform the way we purchase and own artwork — and even ensure that the provenance and authenticity of masterpieces are never doubted.1. What are the biggest challenges facing