Bitcoin Price Could See $20K in Two Weeks

Bitcoin (BTC) prices could match their all-time high of $20,000 within the next two weeks — and could hit $50,000 or $100,000 by the end of the year, eToro analyst Simon Peters claimed on June 26. According to Peters, it took 7 to 14 days for BTC to reach the record figure of $20,000 when it was last at $11,800. He cautioned that his short-term prediction is based on the assumption that bitcoin maintains its current parabolic trajectory. Peters believes Read more …

Brave Teases Bitcoin Cash & New Crypto Funding for Browser Wallet

Brave, the only notable browser with an associated Ethereum token, will soon support Bitcoin Cash and more. Co-founder and CEO Brendan Eich promised as much via Twitter. BCH and other funding choices coming in @Brave 0.68 (following up on https://t.co/XSSkZh1o2B). pic.twitter.com/KtZ6VwdVA2 — BrendanEich (@BrendanEich) June 22, 2019 Brave Expands Funding Options The funding option is apparently in demand, as Bitcoin Cash proponents want to see their choice everywhere Bitcoin is. Eich says it will be available in the upcoming 0.68 Read more …

Bitcoin Price Rise Fuelled by Experienced Crypto Traders

Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests.  Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin 00, courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether. Over the past 24 hours, it is in fact Tether supplying the majority of Bitcoin buy-ins, with $4.21 billion changing hands between the two cryptocurrencies.  Second is Ethereum, which saw $1.62 billion within the same period. Read more …

Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims

Mt. Gox founder Jed McCaleb is being sued by two traders who used the doomed exchange, court documents filed on May 19 show. Joseph Jones and Peter Steinmetz have accused the ex-CEO of fraudulently and negligently misrepresenting the exchange. The pair also allege that McCaleb was aware of “serious security risks” back in late 2010 or early 2011 — more than three years before 850,000 bitcoin (BTC) was stolen in an audacious hack. Their complaint adds: “Rather than secure the Read more …

Why The Current Bitcoin (BTC) Recovery is 3x Faster Than Last Crypto Cycle

Five months ago, no one expected that Bitcoin (BTC) would be past $10,000. But here we are, on the verge of a potentially shocking, jaw-dropping bull run, marked by parabolic increases in crypto assets across the board. Related Reading: Bitcoin: After Pushing Past $11k, Analysts Believe BTC Could Climb Significantly Higher; Here’s Why Since bottoming at $3,150, the leading cryptocurrency has gained 250%, outpacing any other asset class known to man. This massive upswing is, according to some analysts, coming Read more …

‘Future is Here’ Declares CEO as Binance Transfers $1.2 Billion For Under 2 Cents

On June 26, about $1.2 billion in binance coin (BNB) has been transferred in 1.1 seconds with a $0.015 fee on the binance chain, reveals data published on WhaleAlert, a platform tracking significant transactions. Earlier today, CEO of major cryptocurrency exchange Binace, Changpeng Zhao, warned that big transactions should be expected. He explained that the exchange intended to split its BNB cold wallet in multiple addresses. After the transaction took place, Zhao cited some data about its cost and speed: Read more …

LedgerX granted regulatory approval for physically-settled Bitcoin futures

The US Commodities and Futures Trading Commission (CFTC) has approved LedgerX to offer physically-settled Bitcoin (BTC) futures contracts, industry website Coindesk has reported. The CFTC announced yesterday that it had approved the New York-based company’s application for a designated contract maker (DCM). This comes nearly two years after the regulator granted the company a licence for derivatives clearing organisation. The new licence amends the previous registration, which limited LedgerX to clearing Bitcoin swaps. This now allows LedgerX to list Bitcoin Read more …

Opera Launches Blockchain Browser for iOS Users

Opera has finally made available a version of its blockchain-friendly browser which is compatible with iOS devices. Opera’s blockchain browser has been available for months for Android and desktop users, but now Opera Touch has also been launched for iOS. According to the company’s official blog post, the iOS version is almost the same with the Android and desktop offerings, featuring an integrated cryptocurrency wallet with the option of running Web 3.0 and decentralized apps (dapps) that do not require Read more …

Bitcoin’s Price Is Up 43% in 7 Days as Bull Frenzy Grips Market

View With bitcoin’s rise to 17-month highs, the Mayer multiple (a ratio of price to the 200-day moving average) is teasing a break above 2.40 – a level that has marked the beginning of speculative bubbles in the past. BTC may see a short-lived spike to resistances at $17,230 (January 2018 high) and possibly to $20,000 (record high) if the Mayer multiple finds acceptance above 2.40. The hourly chart is flashing signs of buyer exhaustion, however, so a correction to Read more …

Opera Releases iOS Version of its ‘Blockchain-Ready’ Mobile Web Browser

Norway-based internet browser company Opera has launched the iOS version of its mobile web browser, Opera Touch, according to a press release shared with Cointelegraph. Opera Touch reportedly supports the Ethereum (ETH) protocol and the Ethereum Web3 application programming interface (API). This means that the browser accommodates Ethereum-based decentralized applications (DApps) and all ERC-20 tokens, stablecoins, and non-fungible tokens (NFTs). The browser also is said to feature a cryptocurrency wallet for storing Ether, the “Opera Crypto Wallet.” Opera released the Read more …

Dow Futures Rage on ‘90% Complete’ Trade Deal Hysteria Ahead of G20

Dow Jones futures launched a triple-digit rally in early trading on Wednesday as Treasury Secretary Steven Mnuchin said the China trade deal is 90 percent complete. Speaking to CNBC, Mnuchin confirmed that Trump and Xi Jinping were inching closer to a resolution with their G20 meeting just days away. After back-to-back losses on the stock market, the Dow looks set to open higher at the bell. “We were about 90% of the way there (with a deal) and I think Read more …

Opera’s Browser With Built-In Crypto Wallet Launches for iPhones

Users of Android phones and desktop computers have had the option to use Opera’s blockchain-friendly browser for months now, but iPhone owners have been left out of the fun. That’s now changed with the launch of the latest version of Opera Touch for iOS. As per a blog post from the firm, the new browser option is largely identical to the above-mentioned offerings, providing a built-in cryptocurrency wallet and the ability to run Web 3.0 and decentralized apps (dapps) without a Read more …