The original or ancestor of all cryptocurrencies, Bitcoin, got some props from the original or ancestor of all popular white rappers, Eminem, on a record likely to feature in his next album. This is a case of yet another mainstream…
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Bitcoin Records Another Year-Low, Struggles for Recovery – Technical Analysis
Just last week, Bitcoin has suffered yet another huge decline, generally attributed to the rejection recent SEC rejection of the Bitcoin ETF proposal by the Winklevoss twins and the pushback of the decision for the VanEck and Solid X ETF.…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Kim Kardashian Gets 1BTC Added to Her Asset Portfolio
The inaugural annual “if only”, Texas hold’em charity poker tournament was hosted by the City of Hope this past Sunday, June 29th, 2018. The city of hope is a cancer and diabetes research and treatment center that takes care of…
Key Director Quits PricewaterhouseCoopers in Order to Join Bitcoin.com.au
A “big four” director at accounting giants PricewaterhouseCoopers (PWC) Australia, has called it quits in favor of joining bitcoin.com.au a crypto-currency exchange firm, and will be unveiled as their new CEO. The immediate former director at PricewaterhouseCoopers (PWC), Ben Ingram,…
Bitcoin Extends Rally amid News of Black-rock’s Decision to Explore Crypto-currencies
Bitcoin continued to inch higher on Tuesday marking an improvement from the close of the previous day. This was propelled by news that giant asset management firm Black-rock, had decided to put in place a working group to explore crypto-currencies…
Bitcoin’s Case for Reaching $50K by the End of 2018 is Still Alive
A hedge fund trader and Bitcoin researcher recognised for his online alias “Spook”recently released a simple Bitcoin prediction making a solid case for $50,000 by the end of 2018. Bitcoin has experienced the same bear cycles for the past nine…
Bitcoin Continues Bullish Rally Due to Pending ETF Approval, Price Breaks Major Resistance Levels But is Ripe for a Correction – Technical Analysis
The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…
Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges
Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may…
Cryptomarket Plummets Again, Bitcoin and Ethereum Struggles to Gain Upward Momentum – Technical Analysis
The cryptocurrency market took another downward turn after plummeting through the month of May and trading sideways through the first week of June. On June 9, Bitcoin price started plummeting and eventually bounced off the support level at the $6,100…