Tag: News

Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO

August 5, 2020 | By | Reply | 0 Readers More
Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO

If Bitcoin can reclaim the $12,200 level, several altcoins are likely to resume their uptrend. Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year. This is a 600% increase over the comparable quarter in the previous year. This shows increased trader interest, which […]

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More Blockchain Graduates Needed to Meet China’s Burgeoning Demand

August 5, 2020 | By | Reply | 1 Readers More
More Blockchain Graduates Needed to Meet China’s Burgeoning Demand

Source: Adobe/xy China’s first batch of blockchain graduates will begin their courses later this year, but will not complete their studies until 2024 – with a leading expert warning that the academic sector is “seriously lagging” behind industrial demand. Per Mars Finance, the head of the Digital Economy Development Research Center at the Beijing-based Communication […]

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LINK Conquered $10 Moments Before Bitcoin’s Rally: Chainlink Price Analysis

August 5, 2020 | By | Reply | 2 Readers More
LINK Conquered $10 Moments Before Bitcoin’s Rally: Chainlink Price Analysis

Chainlink saw an impressive 32% surge over the past week as the coin edges toward $10. The resistance at $10 is expected to be very strong and will require some significant volume to overcome. Against Bitcoin, LINK is struggling to break 90,000 SAT. LINK/USD: LINK Bulls Spike Toward $10 Before Falling To $9.40 Key Support […]

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OKEx To Launch A Peer-To-Peer Trading Platform In India Today

August 5, 2020 | By | Reply | 7 Readers More
OKEx To Launch A Peer-To-Peer Trading Platform In India Today

The popular cryptocurrency exchange OKEx will launch a peer-to-peer trading platform in India today. Local users will be able to purchase digital assets with Indian rupees (INR) with zero transaction fees. OKEx Opens A P2P Platform In India According to a study compiled by OKEx and Coinpaprika earlier this year, the Supreme Court decision to […]

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Dave Portnoy: I’m Coming to Bitcoin

August 5, 2020 | By | Reply | 10 Readers More
Dave Portnoy: I’m Coming to Bitcoin

Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there. Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming […]

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Ethereum Could Soon Set “New Highs” as $400 Resistance Weakens: Analyst

August 5, 2020 | By | Reply | 10 Readers More
Ethereum Could Soon Set “New Highs” as $400 Resistance Weakens: Analyst

Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. Analysts say that pressure is building for a large move higher as the $400 resistance comes under fire. Further […]

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Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers

August 5, 2020 | By | Reply | 10 Readers More
Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers

Dave Portnoy. Source: a video screenshot, Youtube Another day, another would-be bitcoin (BTC) troll (or a new investor): A Twitter storm is brewing online after Dave Portnoy, the man behind the popular Barstool Sports pop culture blog, decided to take a tongue-in-cheek swipe at the crypto community – following on from a similar tirade from […]

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JPMorgan: Young People Buy Bitcoin, Elderly Invest in Gold

August 5, 2020 | By | Reply | 10 Readers More
JPMorgan: Young People Buy Bitcoin, Elderly Invest in Gold

The financial crisis prompted by the COVID-19 pandemic has highlighted the various investment approaches initiated across different age groups. According to a new JPMorgan analysis, elderly generations have turned to more traditional assets such as gold and bonds, while younger people have gone for Bitcoin. Old For Gold, Young For Crypto Bloomberg cited the latest […]

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Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade

August 5, 2020 | By | Reply | 11 Readers More
Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade

A federal grand jury in the District of Columbia has charged two Costa Rican residents for illegally selling opioids on the darknet.  Originally from the United States, David Brian Pate is a darknet vendor who along with Costa Rican pharmacist Jose Luis Hou sold drugs worth 23,903 Bitcoin (BTC) — approximately $270 million — to […]

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Bitcoin Could Be a Ladder for Virus-Hit Latin America, Says RSK Co-founder

August 5, 2020 | By | Reply | 11 Readers More
Bitcoin Could Be a Ladder for Virus-Hit Latin America, Says RSK Co-founder

The decentralized, peer-to-peer nature of digital currencies has long made them an attractive proposition for people in economically-challenged countries. This isn’t mere speculation. From Venezuela to Turkey, India, and Iran, citizens have flocked to cryptocurrencies as their national currencies have proven volatile in the face of economic turmoil. Now, the co-founder and CEO of IOV […]

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