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As Bitcoin’s Rally Accelerates, Analysts Expect Altcoins to Get Crushed

Source Node: https://bitcoinist.com/as-bitcoins-rally-accelerates-analysts-expect-altcoins-to-get-crushed/?utm_source=rss&utm_medium=rss&utm_campaign=as-bitcoins-rally-accelerates-analysts-expect-altcoins-to-get-crushed
Time Stamp: August 18, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin’s price has remained stable above $12,000 following the strong uptrend it was able to post yesterday The cryptocurrency is now consolidating as bulls attempt to garner greater support It also appears that BTC is trying to test and confirm $12,000 as support. Any dip below this level in the near-term will be grave The stable uptrend seen by BTC in recent weeks has provided altcoins with an ideal backdrop to rally against One analyst, however, is noting that he now expects Bitcoin’s rally to start accelerating – and this

How to Restore Your Faith in Government

Source Node: https://www.bitcoinmarketjournal.com/how-to-restore-your-faith-in-government/
Time Stamp: August 18, 2020 5:47 PM - Modified On: May 21, 2021 - Published By:
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Images courtesy of MIT Video Productions Here’s the announcement of the new blockchain education program with the Massachusetts state government. It’s a big deal. We have a vision for where this kind of partnership can go, when governments begin educating themselves on the power of bitcoin and blockchain. That vision can be summed up in two words: Kendall Square. Kendall Square, then. The Kendall Square neighborhood lies next to the Massachusetts Institute of Technology, stretching along the Charles River that separates Cambridge from Boston. (Here’s a map.) Although you’d think

Roger Ver Promotes Dash on Reddit

Source Node: https://beincrypto.com/roger-ver-promotes-dash-on-reddit/
Time Stamp: August 18, 2020 2:52 PM - Modified On: May 21, 2021 - Published By:
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In a somewhat surprising turn of events, Roger Ver, the co-founder of Bitcoin fork, Bitcoin Cash (BCH), today told users to buy DASH on Reddit. The statement came as a result of users requesting an Infrastructure Funding Plan (IFP) for BCH.  The Dash Twitter world was quick to point out Ver’s statement: As a founder of his own cryptocurrency, Ver does not often shill other coins, and his endorsement isn’t always a positive thing. Ver has been an outspoken critic of the parent Bitcoin chain for years, saying that Bitcoin

Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability

Source Node: https://bitcoinist.com/heres-why-bitcoin-may-soon-see-a-sharp-downside-flush-despite-stability/?utm_source=rss&utm_medium=rss&utm_campaign=heres-why-bitcoin-may-soon-see-a-sharp-downside-flush-despite-stability
Time Stamp: August 18, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble for its near-term outlook He believes that BTC will soon see a sharp downswing that

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Source Node: https://cointelegraph.com/news/unraveling-the-blockchain-and-crypto-gaming-world-one-click-at-a-time
Time Stamp: August 15, 2020 7:30 AM - Modified On: May 21, 2021 - Published By:
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Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

Samsung Phone Support for Gemini Exchange Can Further Crypto Adoption

Source Node: https://cointelegraph.com/news/samsung-phone-support-for-gemini-exchange-can-further-crypto-adoption
Time Stamp: August 15, 2020 4:30 AM - Modified On: May 21, 2021 - Published By:
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In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only use their devices as cold storage wallets but to buy and sell crypto via the Gemini exchange as well.Samsung is the global leader in the smartphone market, with 298.1 million units shipped and a 21.8% market share in 2019, according to tech analytic firm Canalys. Adding support for Gemini will lower the barrier to

Bitcoin Proceeds of COVID-19 Business Support Scheme Fraud Seized

Source Node: https://cointelegraph.com/news/bitcoin-proceeds-of-covid-19-business-support-scheme-fraud-seized
Time Stamp: August 14, 2020 7:39 AM - Modified On: May 21, 2021 - Published By:
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A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme applying for government loans designed to assist small businesses in the wake of the coronavirus pandemic.The 35-year-old woman was arrested on suspicion of fraud, money laundering and child neglect, following the search of a residential address in Ipswich, United Kingdom on Aug 12. Officers successfully applied for the detention of the Bitcoin held in the suspect’s cryptocurrency wallet

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Source Node: https://bitcoinsinireland.com/90-percent-crypto-investors-worry-about-their-investment-what-will-happen-after-their-death/
Time Stamp: August 13, 2020 6:52 PM - Modified On: May 21, 2021 - Published By:
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Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

FAANG stocks And Digital Assets Are Flying

Source Node: https://www.bitcoinmarketjournal.com/faang-stocks-and-digital-assets-are-flying/
Time Stamp: August 13, 2020 1:57 PM - Modified On: May 21, 2021 - Published By:
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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

Flipstarter Campaign Launched to Create Viral BCH Videos for Normies

Source Node: https://cointelegraph.com/news/flipstarter-campaign-launched-to-create-viral-bch-videos-for-normies
Time Stamp: August 12, 2020 12:48 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin Cash (BCH) advocate and CEO of BitcoinBCH.com, Hayden Otto, has launched a fundraising campaign to create viral videos promoting BCH to mainstream audiences — after failing to win over crypto converts to the cause.The last video produced by Otto garnered more than 100,000 views across various social platforms. He was also behind a controversial viral video last year showing a Bitcoin double spending exploit of the Binance-backed TravelbyBit payment networkThe campaign aims to raise 650 BCH (nearly $180,000) and has garnered 192.52 BCH (roughly $53,000) in donations already in

History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

Source Node: https://bitcoinist.com/history-suggests-bitcoin-could-soon-see-a-rapid-rise-to-fresh-all-time-highs/?utm_source=rss&utm_medium=rss&utm_campaign=history-suggests-bitcoin-could-soon-see-a-rapid-rise-to-fresh-all-time-highs
Time Stamp: August 11, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – according to one analyst BTC is currently forming a similar market structure to that seen

Bitcoin Bulls Fight for Key Resistance as Analysts Target Rally to $14k

Source Node: https://bitcoinist.com/bitcoin-bulls-fight-for-key-resistance-as-analysts-target-rally-to-14k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-bulls-fight-for-key-resistance-as-analysts-target-rally-to-14k
Time Stamp: August 10, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin has witnessed some immense turbulence throughout the past few weeks, but has mostly been seeing a consolidation phase throughout the past several days The cryptocurrency is now battling to surmount $12,000 – a resistance level formed just over one week ago This level has been briefly surmounted on multiple occasions, but each time has been followed by an influx of selling pressure that sends it lower The cryptocurrency is now at a pivotal point, as analysts are noting that a break above this level could be all that is