Latest News – Bitcoin Investing

Bitcoin top signal from 2017 reappears, but here’s…

Latest NewsOctober 22, 2020

In 2017, the price of Bitcoin (BTC) reached as high as $20,000 before crashing rapidly. Now, the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time…

First Mover: The FOMO Takes Over as PayPal…

Latest NewsOctober 22, 2020

Bitcoin (BTC) was higher, following through on the upside after Wednesday’s 7.4% jump to a new 2020 high. It was the biggest single-day increase in almost three months. The surge past $12,000, with prices now…

Last Chance to Get Staked $750+ Million HEX…

Latest NewsOctober 22, 2020

HEX.COM – The First High Interest Blockchain Certificate of Deposit – has outperformed every asset in 2020. Ranked Top 20 by Nomics (BTI verified #1 in Market Data Integrity), over $240 Million HEX are in…

Ethereum Gains 6% Intraday, Sets Sights For 2020…

Latest NewsOctober 22, 2020

Bitcoin shocked the finance world yesterday rocketing more than $1,000 to over $13,000 per BTC at the high. Today, Ethereum is following suit, with 6% already on the books and a chance to soar much…

Franklin Templeton Join Series A For Institutional Bitcoin…

Latest NewsOctober 22, 2020

Curv, an institutional crypto asset custody provider, today announced that global investment firm Franklin Templeton and fintech-focused venture capital firm Illuminante Financial Management have joined its Series A funding round — which already included CommerzVentures,…

Yearn Finance doppelganger scam tries to trick visitors…

Latest NewsOctober 22, 2020

Decentralized finance yield farming platform Yearn Finance has a doppelganger that is tricking visitors into sharing the private keys of their cryptocurrency wallets. The scam website of Yearn Finance perfectly copies almost every aspect of the…

Bitcoin top signal from 2017 reappears, but heres…

Latest NewsOctober 22, 2020

In 2017, the price of Bitcoin (BTC) reached as high as $20,000 and crashed rapidly. Now the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time…

Yearn Finance (YFI) Hints Major Rebound as Its…

Latest NewsOctober 22, 2020

Yearn Finance’s native token YFI showed fresh signs of recovery after crashing by up to 72 percent from its all-time high near $44,000. The decentralized finance cryptocurrency surged by as much as 16.08 percent in…

CZ: The Pandemic Situation Has Benefited the Crypto…

Latest NewsOctober 22, 2020

Despite the “Black Thursday” crash in March this year, Binance CEO Changpeng Zhao (CZ) said the panic situation has been good for crypto, especially in terms of segment growth. The comment came during an interview…

Finance Redefined: Is DeFi really a threat to…

Latest NewsOctober 22, 2020

No major euphoria-worthy moments happened this week — the ecosystem is still cooling off. I think the biggest sign of that is Uniswap’s trading volume. After hitting a peak of slightly less than $1 billion…

Goldman Sachs to Settle Massive Corruption Case for…

Latest NewsOctober 22, 2020

Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition,…

Bitcoin price hits new record high in these…

Latest NewsOctober 22, 2020

Compiled by entrepreneur and market commentator Alistair Milne, exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven currencies than ever before. Countries where #Bitcoin has hit a new ATH…

Charted: Litecoin Price Daily Timeframe Indicates Strong Uptrend…

Latest NewsOctober 22, 2020

Litecoin started a strong upward move from the $41.50 support zone against the US Dollar. The price is now trading nicely above the $50.00 level and the 100-day simple moving average. There was a break…

Yield farming fuels 623% growth in DAI supply…

Latest NewsOctober 22, 2020

Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins. According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623% in Q3 2020, pushing the token’s value…

Crypto PayPal News Sends Asset To New All-Time…

Latest NewsOctober 22, 2020

News breaking today that payments giant PayPal would be supporting cryptocurrencies sent the price of Bitcoin rocketing over $1,000 in a single day. But it was another asset that soared to a new all-time high…

PayPal’s Just Introduced a Bitcoin Onramp to 346…

Latest NewsOctober 22, 2020

Bitcoin’s price rocketed to $13,000 this morning after news broke regarding FinTech giant PayPal’s foray into the crypto market. It has long been rumored that the payment processing firm was cooking up a crypto-related feature.…

TA: Bitcoin Correcting Gains, But Key Uptrend Support…

Latest NewsOctober 22, 2020

Bitcoin price rallied more than 5%% and it even broke the $13,000 resistance against the US Dollar. BTC is now correcting gains, but there are key supports near $12,500. Bitcoin gained bullish momentum and it…

TA: Ethereum Facing Huge Hurdle At $400, Why…

Latest NewsOctober 22, 2020

Ethereum surged over 5% and it even spiked above the $400 resistance against the US Dollar. ETH price is struggling to clear the $400 resistance, but is remains well supported. Ethereum started a strong upward…

Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws…

Latest NewsOctober 22, 2020

Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it…

World Gold Council Survey Shows Cryptocurrency Investment the…

Latest NewsOctober 22, 2020

According to a recent research survey, cryptocurrency investment is a touch more popular than gold in Russia. An organization called the World Gold Council surveyed 2,023 investors and cryptocurrency turned out to be the fifth-largest…

Bitcoin breaks above $12.3K after PayPal says Venmo…

Latest NewsOctober 22, 2020

Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains. Cryptocurrency market daily performance overview from Coin360 PayPal takes BTC price to $12,400 Data…

Bitcoin soars to $12.9K as PayPal proves crypto…

Latest NewsOctober 22, 2020

Bitcoin (BTC) hit highs of $12,865 during trading on Oct. 21 as news that PayPal would support cryptocurrency continued to boost markets. Cryptocurrency daily market overview. Source: Coin360 BTC price closes in on 2019 highs…

Bitcoin on-chain transfer volume exceeds 4M as price…

Latest NewsOctober 22, 2020

As Bitcoin's price broke through resistance at $12,000, its on-chain transfer volume exceeded 4 million and set a 14-month record high. Source: Glassnode.Unlike exchange volume, on-chain metrics cannot be easily faked or manipulated. To put this…

Its official: Bitcoin now more popular than sex

Latest NewsOctober 22, 2020

What feels better than watching Bitcoin (BTC) skyrocket on bullish mass-adoption news? For hodlers, there aren't too many events in life more satisfying than a trip to the moon — and now the rest of…

10% of Bitcoins supply has been untouched for…

Latest NewsOctober 22, 2020

A significant amount of Bitcoin's (BTC) total supply has not moved for more than 10 years, according to data from cryptocurrency analytics data provider Glassnode. During this decade-long interim, 1.8 million Bitcoin (of the current 18.5…

Price analysis 10/21: BTC, ETH, XRP, BCH, BNB,…

Latest NewsOctober 22, 2020

The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal also revealed that U.S. account holders will be able to buy, sell, and…

Pro traders added to shorts as Bitcoin price…

Latest NewsOctober 22, 2020

As Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12…

Bitcoin blasts through $13K following PayPal’s entrance into…

Latest NewsOctober 22, 2020

Bitcoin (BTC) has rallied above $13,000 for the first time since July, and only the third time since the all-time high bull run of late-2017. The move follows the long sustained period of five-figure price…

Here’s what traders expect after Bitcoin price rallied…

Latest NewsOctober 22, 2020

On Oct. 21 Bitcoin (BTC) price overtook the $13K mark to reach $13,217 after traders took out key resistance levels at $11,900, $12,000, and $12,500 in the last 48-hours. While there are various technical reasons…

Blockchain Bites: PayPal’s Play, Mode’s Bitcoin Buy, CoinDesk’s…

Latest NewsOctober 22, 2020

PayPal merchants will soon accept crypto payments as part of a major push into the “virtual currency marketplace.” The Bahamian central bank unveiled the world’s first CBDC. Kik and the SEC are nearing an end…

Market Wrap: PayPal Powers Bitcoin Past $12.8K as…

Latest NewsOctober 22, 2020

Bitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September. Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the…

Payments Giant Paypal Says Its Customers Can Now…

Latest NewsOctober 22, 2020

Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop…

Coinend: 1,2,3 Take off – New Gamified Crypto…

Latest NewsOctober 22, 2020

Coinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S.A operates this cryptocurrency-based gamified prediction portal, a corporation incorporated in Panama. It allows users to predict the closing price based on hourly,…

Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day…

Latest NewsOctober 22, 2020

Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained…

$10 Billion in BTC Reserves: Companies With Bitcoin…

Latest NewsOctober 22, 2020

The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC…

Filecoin Founder Accuses Justin Sun of Spreading Lies…

Latest NewsOctober 22, 2020

Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading…

The Second Day Running Sees Bitcoin is Up…

Latest NewsOctober 22, 2020

For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see…

Bitcoin Could Soon Post First Weekly Close Above…

Latest NewsOctober 22, 2020

Bitcoin is currently in the throes of a strong uptrend that has allowed it to recapture all of the gains that were lost following its decline from $12,400 seen in late-August. The cryptocurrency set fresh…

Analysts Expect Ethereum to “Teleport” Higher as Bitcoin…

Latest NewsOctober 21, 2020

Ethereum’s price action has been incredibly lackluster compared to that seen by Bitcoin and the rest of the crypto market. While BTC pushes up towards fresh yearly highs of $13,000, the rest of the crypto…

Chainlink Could Follow Bitcoin and Go Parabolic if…

Latest NewsOctober 21, 2020

Chainlink and other altcoins have been severely underperforming Bitcoin throughout the past few days, as BTC has pushed to fresh yearly highs while most altcoins remain down 50% or more from their highs that were…

Sellers Step In As Bitcoin Soars, But Could…

Latest NewsOctober 21, 2020

Bitcoin price nearly hit $13,000 today after an almost $1,000 intraday candle tapped the remaining bear market resistance keeping new all-time highs at bay a little while longer. With so many traders in profit, short-sellers…

Bitcoin Nears Bullish Breakout, But Volume Has Yet…

Latest NewsOctober 21, 2020

Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high.…

Nigerian Protest Group Finds Sovereign Lifeline In Bitcoin

Latest NewsOctober 21, 2020

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! Since mid-October, protestors across Nigeria have been demonstrating…

Video: The Fed Considers CBDCs And Bretton Woods…

Latest NewsOctober 21, 2020

Where to listen: The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The CBDC narrative is the central bank…

Introducing The Best Of Bitcoin Magazine

Latest NewsOctober 21, 2020

Since 2012, Bitcoin Magazine has been providing insight, analysis and thought leadership about the Bitcoin space — the first publication of any kind to commit to doing so. Thanks to some prescience about how truly revolutionary…

PayPal Introduces Ability To Buy, Sell And Hold…

Latest NewsOctober 21, 2020

Major online payments company PayPal today announced the launch of a service that will allow its customers to buy, sell and hold bitcoin, along with other select cryptocurrencies, directly from their PayPal accounts. This could…

Former BitFinex Whale Expects Bitcoin Dump as Price…

Latest NewsOctober 21, 2020

Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days. Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com Bitcoin…

Bitcoin trader shares 7 reasons to be bullish…

Latest NewsOctober 21, 2020

Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says. In a series of tweets on Oct. 21, Cole Garner highlighted Bitcoin’s market decoupling among bullish…

US Financial Watchdog Fines Bitcoin Mixer Service $60…

Latest NewsOctober 21, 2020

Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules.…

Bahamian Central Bank Launches ‘Sand Dollar’ Digital Currency…

Latest NewsOctober 21, 2020

The Central Bank of the Bahamas has become the latest national financial institution to launch a state-backed digital currency. The so-called ‘Sand Dollar’, pegged to the Bahamian dollar (which is pegged to the USD), is…

Tether Still Dominates Stablecoins, but USDC and Dai…

Latest NewsOctober 21, 2020

While tether (USDT), with a market cap surpassing $16 billion, continues to hold the lion’s share of stablecoins in circulation, two smaller rivals are trouncing it in crypto’s hottest market this year, decentralized finance (DeFi). …

Hackers Donate Bitcoin From Ransomware Attacks to Charities

Latest NewsOctober 21, 2020

A group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to “make the world a better place.” However, the law says donations from ill-gotten…

TA: Ethereum Prints Bullish Technical Pattern, Why It…

Latest NewsOctober 21, 2020

Ethereum is gaining bullish momentum above $375 against the US Dollar. ETH price is showing positive signs and it might even climb above the $385 resistance. Ethereum started a fresh upward move after forming a…

Charted: Cardano (ADA) Needs To Clear $0.11 For…

Latest NewsOctober 21, 2020

Cardano’s price is holding the $0.1000 support level and recovering higher. However, ADA must surpass $0.1085 and $0.1100 to start a fresh rally in the near term. ADA is facing a strong resistance near $0.1065…

Bahamian Central Bank Launches ‘Sand Dollar’ Digital Currency–World…

Latest NewsOctober 21, 2020

The Central Bank of the Bahamas has become the latest national financial institution to launch a state-backed digital currency. The so-called “Sand Dollar”, pegged to the Bahamian dollar (which is pegged to the USD), is…

European Commission Opposes Crypto Fraud Compensation Fund: Victims…

Latest NewsOctober 21, 2020

The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does…

Bitcoin average transaction value increases 500% since July

Latest NewsOctober 21, 2020

The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct…

Peter Schiff’s Alleged Tax Evading Bank Was Targeted…

Latest NewsOctober 21, 2020

Peter Schiff is one of Bitcoin’s biggest naysayers. The well-known gold bug recently had his dirty laundry aired out for all to see, as part of an alleged tax evasion case involving his Euro Pacific…

Bitcoin’s Rally to $12,000 Driven by Spot Buyers;…

Latest NewsOctober 21, 2020

Bitcoin is currently approaching the critical $12,000 resistance level that analysts and investors have been closely watching throughout the past few days and weeks. Its rally up to this level has come about throughout the…

TA: Bitcoin Smashes Heavy Resistance at $12K And…

Latest NewsOctober 21, 2020

Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar. BTC is now trading above $12,000, with high chances of more upsides. Bitcoin remained in a…

Hotel Bitcoin ATMs on the Rise With Addition…

Latest NewsOctober 21, 2020

The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting…

Much Ow! Dogecoin Sets New All-Time Low Against…

Latest NewsOctober 21, 2020

Dogecoin, a cryptocurrency based on the Shibu Inu meme and often an important health indicator of the altcoin market, has just set a new all-time low against Bitcoin on Binance. What does this potentially say…

Chainlink is Positioned to See a Major Push…

Latest NewsOctober 21, 2020

Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it trades between $10.00 and $11.00. This sideways trading has done little to offer investors any serious insights…

This Technical Pattern Suggests Yearn.finance’s YFI Could Plunge…

Latest NewsOctober 21, 2020

Yearn.finance’s price action has been far from bullish over the past few weeks, with bears aggressively selling into each price pump as buyers continue struggling to gain any traction. There are many different factors behind…

Bitcoin price rally to $12K is meaningless until…

Latest NewsOctober 21, 2020

On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. Cryptocurrency daily market performance snapshot. Source: Coin360The move occurred after Monday’s…

Study finds CME drives Bitcoin price, but it…

Latest NewsOctober 20, 2020

On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price Discovery report, which detailed how CME Bitcoin (BTC) futures impact Bitcoin price discovery. The firm concluded that "CME Bitcoin futures contribute more to price…

Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains…

Latest NewsOctober 20, 2020

The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According…

Market Wrap: Bitcoin Tests $12K; Ethereum Fees Fall…

Latest NewsOctober 20, 2020

Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped. Bitcoin (BTC) trading around $11,910 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous 24 hours. Bitcoin’s 24-hour…

The Rush To Own India’s Bitcoin Market Is…

Latest NewsOctober 20, 2020

While the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered an obviously ripe market for…

Breakout or fakeout? Top traders react to Bitcoin…

Latest NewsOctober 20, 2020

Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested…

Institutions Long and Hedge Funds Short: Bitcoin Options…

Latest NewsOctober 20, 2020

Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin…

Blockchain Bites: Bitcoin and the BSA, Signature Deposit…

Latest NewsOctober 20, 2020

Signature Bank’s deposits grew by over $4 billion. Non-profits have rejected bitcoin donations made from hackers. And a FinCEN investigation raises questions about bitcoin mixers and the Bank Secrecy Act. Here’s all the news people…

Analyst: Bitcoin’s Dominance to Peak in December, Sparking…

Latest NewsOctober 20, 2020

Bitcoin has seen a massive upswing over the past couple of days that brought a firm end to its consolidation phase and is now allowing it to confront its key resistance around $12,000. This level…

Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1…

Latest NewsOctober 20, 2020

The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But…

The US Risks Getting Left Behind on CBDCs

Latest NewsOctober 20, 2020

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United…

Prolonged DeFi Slump Impending? Uniswap Volume Drops 83%…

Latest NewsOctober 20, 2020

The decentralized finance (DeFi) market is slumping as large-cap tokens like Uniswap (UNI), Yearn.finance (YFI), and Maker (MKR) decline. Atop the lackluster performance of major tokens, the volume of the Uniswap decentralized exchange has substantially…