Here Are Levels to Watch After the Violent Drop

Overnight Bitcoin (BTC) faced a violent rejection that caused its price to plummet to the lower boundary of an ascending channel it has established over the past several weeks. This rejection has shifted the overall market sentiment and has led many previously euphoric bulls to grow increasingly bearish. It is important to note that the strength of this latest selloff may spell trouble for Bitcoin, as it was driven by nine-figure volume in a single 10-minute candle, suggesting that bears Read more …

Peter Schiff Forgets Bitcoin Wallet Password, Blames Bitcoin

Advertisment Peter Schiff hates Bitcoin almost as much as bitcoiners hate Schiff. The gold bug makes a point of dissing the cryptocurrency whenever he can, despite the hypocrisy of accepting BCT on his own website. Today, the eccentric entrepreneur found a new reason to rip on bitcoin after forgetting his wallet password – and apparently Bitcoin is to blame. Also read: How to Create Custom SLP Tokens With the Bitcoin.com Mint Schiff Shifts Blame for Forgetting Password Bitcoin has been Read more …

Here’s Why Analysts Are Bullish After Bitcoin Price’s Rapid 7% Plunge

Earlier Sunday, Bitcoin (BTC) suddenly fell off a cliff after its latest bout of bullish price action. Within a few minutes’ time — yes, literally a few minutes — the leading cryptocurrency slipped by 7%, plunging from $9,150 to $8,600 (as low as $8,450 on some crypto exchanges). Altcoins followed suit, posting equally as harrowing losses, with Ethereum and XRP tumbling 6% themselves. Related Reading: Research Firm: 3 Use Cases Could Send Bitcoin To $1 Trillion Despite this strong drop, which Read more …

XRP’s Violent Rejection at Key Resistance Level Spells Trouble for What’s Next

Overnight, Bitcoin faced a firm rejection after attempting to garner significantly further upwards momentum. This instantly led major altcoins like XRP and Ethereum to drop in tandem, shinning a light on some potential underlying weakness within the crypto markets. It is important to note that while the latest downwards movement by many altcoins may simply be the result of their close correlation to Bitcoin, XRP’s ongoing drop has marked a rejection at a key resistance level, signaling that it may Read more …

How Real World Use Cases Will Drive Crypto Growth in 2020

As Bitcoin enters its twelfth year, the past eleven offer a meaningful amount of time to identify key trends that have emerged around cryptocurrencies and blockchain technology. These trends provide insights that are helpful in projecting the future of the digital asset space and how it will take shape over the next decade. In reflecting on the history of cryptocurrencies over their lifetime, there’s one pattern that immediately jumps out. Each successive wave of interest in the cryptocurrency space has Read more …

Sunday Digest: Bitcoin Price, BSV Pump and Dump, and Other News

Today is the day when Orthodox Christians submerge themselves in icy water to mark Epiphany, celebrating the baptism of Jesus in the River Jordan. Personally I prefer to celebrate my Bitcoin epiphany with a couple of icy beers, but you know, each to their own. Bitcoin Price: On The Up If last week, bitcoin price was all about $8k, then this week was all about $9k. Or to be more specific, would we get there? Certainly, at the start of Read more …

Exciting Bonuses and Promotions for Crypto Users at the Coinbet24 Casino

Advertisment For five years now, the Coinbet24 crypto casino has been active in the online gambling world, offering gamblers and sports bettors a variety of choices and bonuses. This is the perfect place for both beginners and advanced users interested in Bitcoin betting. Proprietary Software The casino’s software is a proprietary development of the Coinbet24 team, which has a combined experience of 4 decades in the gambling industry. The casino games that can be played for Bitcoin have been developed Read more …

New Bill in Oklahoma Proposes Depository for Cryptocurrencies Used by Government

A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical services to crypto innovators and developers. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia Proposed Crypto Depository for Government A lawmaker has introduced a bill in the U.S. state of Read more …

Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $10,000

Bitcoin and the aggregated crypto markets have incurred immense volatility over the past several days and weeks, which has come about as Bitcoin’s bulls and bears have engaged in an intense battle that has, over the past 24-hours, favored BTC’s bears. Yesterday evening the crypto rallied to highs of $9,200 before meeting significant resistance that sparked a sell-off down to the $8,600 region. This has tempered the euphoria that many investors were experiencing yesterday evening, but it is important to Read more …

When Anti-Bitcoin Peter Schiff Lost his BTC…

Peter Schiff may be unable to sell his Bitcoin (BTC), after getting locked out of his wallet. Schiff, who has been critical of BTC and sees its price as potentially tanking, tweeted that his wallet failed to decrypt. Peter Schiff Loses Acess to his Bitcoin Stash Bitcoin wallets are not forgiving of lost passwords or key files, and Schiff said he effectively lost all his coins. I just lost all the #Bitcoin I have ever owned. My wallet got corrupted Read more …

This Gold Bug Says Bitcoin is Worth $0 Because His “Wallet Forgot His Password”

Peter Schiff, a libertarian proponent of gold and an asset manager, has long been a skeptic of Bitcoin and other digital currencies. In fact, Schiff has been around commenting on the cryptocurrency throughout multiple of its cycles. Related Reading: Research Firm: 3 Use Cases Could Send Bitcoin To $1 Trillion Today, on January 19th, he continued to assert his dislike for Bitcoin. This time, it was personal for Schiff — who is CEO and chief global strategist of Euro Pacific Capital Read more …

Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was a ‘Bad Idea’

On Jan. 19, famous crypto skeptic and gold bug Peter Schiff claimed on Twitter that he has lost access to his Bitcoin wallet and that his password is no longer valid. Schiff added that his BTC is now intrinsically worthless and has no market value. He also added that: “I knew owning Bitcoin was a bad idea, I just never realized it was this bad!” Getting to the bottom of the issue After Schiff tweeted about his loss, the crypto Read more …