Day: January 6, 2019

Bitcoin Hovers Оver $3,850 as Top Cryptos See Mixed Signals

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Sunday, Jan. 6 — most of the top 20 cryptocurrencies are seeing a mix of moderate gains and losses on the day to press time. Bitcoin’s (BTC) price is currently hovering over $3,850 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up just a fraction of a percent on the day, trading at around $3,870. Looking at its weekly chart, the current price has come full circle from $3,867 on Dec. 30. The current price is lower than the intra-week high of $3,946 on Jan.…

Fake News Site Promotes Bitcoin With Image of Ex-New Zealand PM

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An alleged fake news website released a crypto-related article employing the image of former New Zealand prime minister John Key, local media outlet Stuff reported Jan. 5. The ad reportedly promoted Bitcoin (BTC) and a company called “Crypto Revolt,” which is allegedly a cloned scam site. The article further explains that the advertisement imitates a Stuff business news page and “purports to interview John Key on his enthusiasm for Bitcoin.” Moreover, in place of the Stuff logo there is an “NZ Times” logo, and all the links reportedly lead to…

Crypto Ecosystem Needs to Evolve as Coinbase Censors Accounts

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The entire premise set in motion by Satoshi Nakamoto ten years ago was one of a decentralized peer to peer currency beyond the control of governments, banks and mega corporations. Fast forward to 2019 and we have yet to achieve that goal as banks are still controlling the inflow and outflow of fiat to crypto, and huge exchanges are still controlling user accounts. Coinbase Censoring Merchant Accounts They don’t come much bigger than Coinbase which has set itself us as the standard and king of crypto exchanges. In the early…

Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

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Blockchain One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.S. penny in 10 months. Also read: Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018 Bitcoin Cash Transaction Fees Stay Low The BCH network continues to truck along in 2019 and with it comes the cheap and lightning fast transactions supporters…

Earn Crypto Part 3: Freelancing for Bitcoin

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In BTCManager’s series titled “Earn Crypto,” readers are being introduced to a wide range of platforms, applications, and ways that they can earn bitcoin and other digital currencies as a member of the cryptocurrency community. In this article, readers will discover how they can earn cryptocurrency in exchange for services as a freelancer and which platforms are the best to find jobs that pay in crypto. “Will Work for Bitcoin” When bitcoin first began to gain traction beyond the cypherpunk community, one of the first applications of the digital currency was…

Bitcoin Price Weekly Analysis: BTC Approaching Significant Break

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Key Points Bitcoin price failed to gain momentum above $3,900 and declined recently against the US Dollar. There is a major contracting triangle formed with support at $3,765 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is approaching the next significant break either above $3,850 or below $3,750. Bitcoin price is trading near important support levels against the US Dollar. BTC/USD may soon make the next move either above $4,000 or below $3,500. Bitcoin Price Analysis This past week, bitcoin price moved higher above…

Ethereum Price Weekly Analysis: ETH Could Surge Toward $180

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Key Highlights ETH price remained in a solid uptrend and it could trade above $170 and $180 against the US Dollar. There is a crucial bullish trend line formed with support at $148 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could resume its upward move and it may soon clear the $162 and $170 resistances. Ethereum price is slowly gaining momentum versus the US Dollar and Bitcoin. ETH/USD may correct lower in the short term, but dips remain supported. Ethereum Price Analysis This past week,…

Finance Analyst: Bitcoin (BTC) To Boom In 2020, Blockchain Poised To Revolutionize

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Analyst: Bitcoin (BTC) Will Boom In A Year What better way to start 2019 with some Bitcoin (BTC) predictions… eh? Speaking with the Evening Standard U.K., Clem Chambers, the founder of ADVFN and a Forbes contributor/finance journalist and analyst, has claimed that Bitcoin is poised to run in the near future. More specifically, he told the outlet that during next year, 2020, he expects for BTC to “boom again,” especially as blockchain technologies and cryptocurrencies establish themselves as game-changing technologies. He explained that eventually, the aforementioned innovations will “define the…

Ethereum Developer ConsenSys Partners With AMD To Bolster Blockchain Industry

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Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On Friday, ConsenSys, the Ethereum blockchain development consortium headquartered in Manhattan, New York, dropped a press release to announce its business partnership with AMD and Abu Dhabi-based Halo Holdings. The trio intends to “develop optimized datacenter…