, , ,

Critical Resistance: Bitcoin’s Response to This Level Could Determine Its Fate

Bitcoin (BTC) experienced a sharp selloff yesterday evening that led its price to dip as low as $8,200 before it found a significant amount of buying pressure that sparked a sharp movement up to highs of $8,500. BTC now appears to be trading…

Davos Experts: Central Banks Focus on Crypto Due to Fear of Exclusion

Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 24 January. Source: World Economic Forum / Valeriano Di Domenico European Commission executives have conceded that there is a pressing need for digital…

Germany Increases Costs For Some Crypto Firms by USD 250,000

Source: iStock/HamidEbrahimi Germany's newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts.Since January 1, the German Banking Act has stated…
, , , ,

Three Reasons Why Ethereum is Weaker Relative to Bitcoin, And is Down 89% From ATH

For much of recent years, crypto enthusiasts hoped that Ethereum would take Bitcoin’s place to become the leading blockchain project by market valuation. But heading into 2020, the so-called “flippening” has still not arrived. Ethereum’s…

Watch Thieves Wrench Open a Bitcoin ATM – Leaving a Regular ATM Intact

Source: a video screenshot, Youtube, PhiladelphiaPolice An American store manager was left baffled after thieves executed a sophisticated plan to steal a Bitcoin ATM that “wasn’t doing well” – leaving a cash-filled conventional ATM behind.Police…

Another Competitor To Libra Might Come From Japan + More News

Source: iStock/mura Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Digital fiat news A group of about 70 Liberal Democratic…
, , , ,

Bitcoin is Tanking Despite Coronavirus Fears, Showing Lack of Characteristics as Safe Haven

Bitcoin prices on Friday are plunging after marking their highest levels in over two months, hurt by an improving outlook of the eurozone economy, the stronger dollar, and – none the least – the Coronavirus outbreak in China. The benchmark…

Suspected Bitcoin Launderer Vinnik Extradited to France

Alexander Vinnik. Source: a video screenshot, Youtube, Kostas Koukoumakas Russian bitcoin laundering suspect Alexander Vinnik is now in France, confirmed his lawyer Zoe Konstantopoulou.He was extradited following a ruling by the Greek Council…
, , ,

A Bitcoin Plunge To $8,000 On The Horizon, As Bulls Show Weak Hands

Bitcoin price failed to stay above the key $8,500 support area and extended its decline against the US Dollar. BTC price is likely to continue lower towards $8,000 or $7,880. Bitcoin started a strong corrective decrease from the $9,200 resistance…
, , ,

Ripple Slowing XRP Sales Could Be a Catalyst for a Massive Price Surge

XRP – the cryptocurrency with close ties to fintech company Ripple – had a rough 2019, posting yearly losses of over 40% that came about in tandem with a general rise seen by Bitcoin and other cryptocurrencies. Many analysts and investors…