Weekend Fakeout? Analysts Wary of Latest Bitcoin Rally as Price Passes $19k
20:00 | 2020-Dec-13

Bitcoin has seen a strong push higher today that allowed its price to break above the key $19,000 level that has been so pivotal for its price action This rally came about after a period of weakness that caused the crypto to plunge as low as $17,600 The selling pressure seen around its current price…

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Generating Randomness In Blockchain: Verifiable Random Function
18:38 | 2020-Dec-13

Blockchains such as Bitcoin are facing a key problem. How to fairly spread out the decision-making consensus on what pool will win the competition and have the right to add the new block into the blockchain itself.

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Bitcoin Price Prediction: BTC/USD Gets Closer to Clear $19.5k-$20k Resistance Zones, Larger Uptrend Likely
04:13 | 2020-Dec-14

Bitcoin (BTC) Price Prediction – December 13, 2020BTC/USD has broken through crucial resistance levels as the coin reached a high of $19,400. The bulls broke [...]

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Bitcoin and Altcoins Respond To Key Uptrend Resistance
05:57 | 2020-Dec-14

There was a sharp upward move in bitcoin price above the USD 18,500 and USD 19,000 resistance levels. BTC even broke the USD 19,200 resistance, but it struggled near the main USD 19,450 and USD 19,500 resistance levels. The price is currently (05:00 UTC) correcting lower, with supports near USD…

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Bitcoin (BTC) Getting Marketed Hard Through Mass Adoption
05:50 | 2020-Dec-14

Catch up on the latest crypto market news at The Currency Analytics. A rising tide lifts all the boats.  So, anything that brings Bitcoin up is also good for Litecoin, Digibyte and…

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Chinese State Media Claims Bitcoin Bull Market Could Put Pressure on Gold
05:39 | 2020-Dec-14

An article that appeared on Chinese state media recently has proclaimed that a Bitcoin bull market could be bearish for gold and precious metals.

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MassMutual's Example Might Attract Fresh Billions To Bitcoin - JPMorgan
05:25 | 2020-Dec-14

If pension funds and insurance companies in the US, euro area, UK and Japan allocate 1% of assets to the most popular cryptocurrency, bitcoin (BTC), that would result in additional BTC demand of USD 600bn, strategists at JPMorgan said. However, these investors face regulatory hurdles relating to…

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Switcheo Network – Understand How OTC Trading Works
04:27 | 2020-Dec-14

In our previous articles, we have explained how you can use the Switcheo Exchange, the Switcheo staking platform, and how you can use the Zilswap protocol. Apart from these three important features, Switcheo also allows users to do OTC Trading. In this article, we will explore how you can do it, as…

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Happy ending: Investors track down “rug pull” scammers, some Ethereum returned
04:00 | 2020-Dec-14

As CryptoSlate reported, on Friday, the Ethereum DeFi space experienced three “rug pulls” or scams that amounted to $1.2 million worth of losses for unfortunate investors.

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TA: Bitcoin Settles Above $19K, Why BTC Could Break $19.5K This Time
03:48 | 2020-Dec-14

Bitcoin price is trading in a positive zone above the $19,000 zone against the US Dollar. BTC broke a key bullish pattern, suggesting high chances of more upsides above $19,500. Bitcoin is trading in a positive zone above the $18,800 and $19,000 resistance levels. The price is now trading well above…

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France Approves New Cryptocurrency Measures to Fight Anonymous Transactions
03:30 | 2020-Dec-14

The French council of ministers has approved a series of new measures to combat the anonymity of cryptocurrency transactions. Anonymous accounts are banned at crypto exchanges which must now impose stricter know-your-customer requirements. France’s Finance Minister Bruno Le Maire says the changes…

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Bitcoin price makes the final approach to a new yearly high as investors anticipate another rally
02:02 | 2020-Dec-14

Bitcoin bounced off support at $17,500 and lifted towards $20,000 but hit a snag at $19,438. On-chain metrics suggest that Bitcoin is ready for gains above $20,000 while its downside is well protected. Bitcoin recently tested support at $17,500, almost hitting the target as we had predicted. The…

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Bitcoin Weekly Candle “Saved” After Flash Dump to $17,600 Last Week
01:30 | 2020-Dec-14

Bitcoin underwent a strong drop last week after peaking at $19,956 at the turn of the month. Last week, though, the cryptocurrency plunged to $17,600. But as the weekend has come about, Bitcoin bulls have taken back control of the cryptocurrency market. Bitcoin Rallies Back After Last Week’s Strong…

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Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin
00:30 | 2020-Dec-14

A major darknet marketplace, Sipulimarket, has been shut down and its assets, including bitcoin, were seized by Finnish Customs, in cooperation with Europol and the Polish police. Darknet Marketplace Shut Down, Bitcoin Seized Europol and Finnish Customs (Tulli) announced last week that they “have…

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Here’s 5 key Bitcoin factors to watch as new investors buy BTC in 2021
00:07 | 2020-Dec-14

Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead. The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been…

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'Bitcoin never gets hacked' — crypto players respond to US Treasury breach
00:04 | 2020-Dec-14

"Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury," quipped Blockfolio. Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department. According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government —…

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CNBC’s Jim Cramer Doubles Down on Bitcoin
23:55 | 2020-Dec-13

Bitcoin has seen strong adoption on Wall Street over recent weeks and months. It began earlier this year with Paul Tudor Jones, a billionaire investor, announcing that he thinks the cryptocurrency will be the fastest horse in the race in the current macro environment. This has been followed by other…

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Bitcoin (BTC) Climbs Back to $19,400, a Fakeout or Breakout? This Is What Analysts Are Seeing
23:47 | 2020-Dec-13

The first and largest cryptocurrency by market cap, Bitcoin (BTC) extended its upward move past $19,400 on December 13. Bitcoin bulls rose to the occasion after a decline to lows of $17,580 on Friday. Bitcoin’s new rally is spurring up questions; a fakeout or breakout? will this new Bitcoin rally…

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Chainlink Could be on the Cusp of Rocketing Higher as Strength Against BTC Grows
23:00 | 2020-Dec-13

Chainlink has seen some mixed price action over the past few days and weeks, with sellers previously taking control of its price The cryptocurrency is now showing some signs of strength as the entire market begins to rebound and climb higher One trader believes that a move higher could be imminent…

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Coinbase Assists MicroStrategy in Bitcoin Purchase
22:49 | 2020-Dec-13

Earlier this year, MicroStrategy selected Coinbase as the primary execution partner for its $425 million Bitcoin purchase. With their expert capabilities in executing projects, Coinbase has succeeded in buying a substantial amount of Bitcoin on MicroStrategy’s behalf. Coinbase leveraged its OTC desk…

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Parabola Imminent: Ethereum’s Accumulation Range was Bigger Than BTC’s
22:00 | 2020-Dec-13

Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends This level has held strong on multiple occasions as resistance, which would make any break above it technically significant One trader is now noting that a serious move higher could be…

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Bitcoin's Relationship With Gold Is More Complicated Than It Looks - CoinDesk
22:01 | 2020-Dec-13

Just because gold is losing momentum and bitcoin is gaining it doesn't mean investors are selling gold to buy bitcoin – not yet, anyway.

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Crypto adoption: almost 70% of millennials consider BTC as a safe haven asset
21:50 | 2020-Dec-13

Crypto adoption rate about to go higher as over 60% of millennials believe that Bitcoin is a better safe haven than gold JP Morgan Chase has earlier warned that Bitcoin was beginning to usurp gold  A recent study has shown that over 60% of young adults believe that Bitcoin is a safe haven when…

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Ethereum Price Prediction: ETH/USD Bulls Enjoy Extension towards $600 Resistance
21:49 | 2020-Dec-13

ETH Price Prediction – December 13 The Ethereum (ETH) needs to pull above the $600 resistance level quickly so as to deny the bears the [...]

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8 People Arrested in Argentina Linked to Onecoin Ponzi Scam
21:30 | 2020-Dec-13

The Public Prosecutor’s Office of the Argentine city of Córdoba has indicted 12 people in connection with the Onecoin Ponzi scheme. Eight of them have been arrested. Onecoin Scammers Arrested The Public Prosecutor’s Office for Complex Crimes of the Argentine city of Córdoba ordered the arrest of 12…

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To successfully retest previous highs, BTC and ETH must surpass these crucial barriers
21:14 | 2020-Dec-13

The top two cryptocurrencies Bitcoin and Ethereum are both attempting to challenge previous highs. For Bitcoin, the price correction which is already in motion was ignited shortly after the big bull hit a low of $17,683 on the 11th of December. That was a danger zone that could’ve sent the…

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Fidelity's Custody Business Around Bitcoin 'Incredibly Successful': Johnson - CoinDesk
20:48 | 2020-Dec-13

Fidelity Investments CEO Abby Johnson says the mutual fund giant's custody business around bitcoin has been "incredibly successful" and has a "tremendous pipeline."

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Bitcoin SV Price: Bulls May Take Over BSV Market Soon
20:44 | 2020-Dec-13

Bitcoin SV Price Analysis – December 13 The breakdown of the $152 price level may propel the price to the support level of $130 provided the $134 level does not hold. Failure to break down the $152 may lead to the price increase which may place the price at $171, $185, and $198 resistance level.…

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Huobi outperforms OKEx even as its Q3 turnover dips by 40%
20:40 | 2020-Dec-13

Huobi performs better than OKEx in the third quarter  There are more investors in the crypto derivatives industry than in previous times Huobi Ventures has revealed that the turnover on its platform dropped by 40% in the third quarter though its volume has, however, remained steady during the same…

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Bitcoin: Is the wait for a 40% drop in price justified?
20:30 | 2020-Dec-13

The current Bitcoin bull run, or more appropriately labeled ‘price rally,’ has been initiated by large investors and institutions, not by retail traders. It is evident from the trade volume and activity on spot exchanges that institutions are buying and HODLing. There are big spot buyers and the…

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Market flips bullish as Bitcoin pushes past $19,000, key technical supports hold
20:28 | 2020-Dec-13

After plunging as low as $17,600 in the middle of last week, Bitcoin has entered an uptrend.

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Saylor Hits Back at Claims MicroStrategy's Bitcoin Trove Makes It an ETF - CoinDesk
20:22 | 2020-Dec-13

The MicroStrategy CEO took to Twitter to dismiss widespread speculation that his company's recent massive purchases of bitcoin have turned it into an investment firm or de facto ETF.

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Litecoin Price Prediction: LTC/USD Surpasses Moving Averages; Rise towards $90?
20:09 | 2020-Dec-13

LTC Price Prediction – December 13 The Litecoin price is currently changing hands at $82.26. The RSI (14) indicator moves toward the north. LTC/USD Market [...]

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Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE
19:52 | 2020-Dec-13

Bitcoin’s rally back to $19,000 could improve market sentiment and push select altcoins higher this week. December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm…

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Litecoin price analysis: 13 December
19:30 | 2020-Dec-13

Disclaimer: The findings of the following article ar the sole opinion of the writer and should not be taken as investment advice Litecoin, the cryptocurrency dubbed the silver to Bitcoin’s gold, has emerged out of its bear market quite gracefully. Its 2020 YTD returns, at the time of writing, were…

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Bitcoin Price Prediction: BTC/USD Stays Above $19,200; Bulls Struggling To Conquer $19,500
19:11 | 2020-Dec-13

Bitcoin (BTC) Price Prediction – December 13 Bitcoin bulls are working hard to nurture a bullish trend from the support at $18,500. BTC/USD Long-term Trend: [...]

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Why Did Stocks & Crypto Surge in December 2020?
19:00 | 2020-Dec-13

The price of Bitcoin (BTC) rallied from $15,446.82 on November 11 to $18,061.46 on December 11, 2020, for a 17.93% appreciation. Stocks also soared, what gives?

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November 2020: A Month of All Time Highs
18:59 | 2020-Dec-13

All-Time Higher and higher So the golden price of $20,000 for 1 BTC never happened, but $19,725 was not half bad. Cryptocurrencies are having another year to remember, and November was perhaps that most exciting month yet. According to Coingecko’s monthly report, November saw plenty of highs. The…

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Bitcoin’s market sentiment switches again after $19k breach
19:00 | 2020-Dec-13

Bitcoin’s price has been in a state of constant fluctuation over the past few weeks, dropping to a low of $17.6k before recovering to climb above $19k, at the time of writing. The drop in price witnessed earlier was a cause for concern for many investors who believed that the market was headed for a…

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Bitcoin Flashes Signs of Strength as All-Time Highs are Back on the Table
19:00 | 2020-Dec-13

Bitcoin is once again exploding higher, with the recent dip to lows of $17,6000 proving to be fleeting as bulls take control of its price action The crypto is rapidly approaching its previous all-time highs as bulls aim at sending it past $19,400 This has long been a strong resistance level for the…

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France Crypto Crackdown, Major Trading Outage, Bitcoin, WOZX: Editor’s Pick
18:35 | 2020-Dec-13

In a busy week for news, let's take a look at the stories that dominated the fintech, forex and crypto worlds, in the best of the week segment.

Categories Exchanges

Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings
18:30 | 2020-Dec-13

Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. Similarly, children and…

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Why Bitcoin’s bull run is well and truly here
18:30 | 2020-Dec-13

Bitcoin cycles have evolved over the past decade, a development that has been pretty similar to Bitcoin’s own evolution as an asset. Also obvious is the maturity of not just the market’s investors, but the perception of Bitcoin as an asset class. If 2020 has proved something, however, it is that…

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Mining Companies Strike it Big in America’s Heartland
18:16 | 2020-Dec-13

The bitcoin bread basket While China controls the lion’s share of Bitcoin’s hashrate, some companies are looking to America’s economically depressed heartland for cheap power to up the mining competition. The week of Dec. 7, 2020 saw a startup called Core Scientific raise over $23 million to mine…

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Massive fiat to Bitcoin wealth transfer ongoing, Gen Zs and Millennials highly underrepresented
18:08 | 2020-Dec-13

It may not have been hammered on, that the Bitcoin revolution has fully begun, but it has and 2020 perfectly mirrors what we can call the active transfer of wealth from one generation to another, all through Bitcoin. The transfer of wealth from generation to generation is already in play, but the…

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After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank
18:02 | 2020-Dec-13

Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin's surge Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank…

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Decentralized Social Media: Prediction Markets VS Artificial Intelligence
18:04 | 2020-Dec-13

Social media is a valuable tool to express your identity. Even more so in times where social distance is the supposed new normal. But who decides the exact type of content you consume when scrolling through the news feeds of Facebook, Twitter, Reddit, or TikTok? 

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Ethereum, Augur, FTX Token Price Analysis: 13 December
18:00 | 2020-Dec-13

Ethereum showed strength in the market and recovered from the $540-level it dropped to a couple of days ago. Augur experienced significant volatility in recent weeks. Finally, FTX Token continued to climb on the charts, with the crypto on an uptrend it has been on since early November. Ethereum…

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P2P Bitcoin volume: India overtakes China
17:47 | 2020-Dec-13

India P2P Bitcoin volume trading has grown by 87% according to Arcane Research Remittance from overseas could have played a role in the rise of the numbers After the Supreme Court in India lifted the ban placed on Bitcoin by the Central Bank, India’s usage of the crypto asset had grown massively in…

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