Day: January 29, 2019

BITCOIN.COM Partners with Anarchapulco | BTCMANAGER

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For the third year in a row Bitcoin.com proudly supports the mission of financial decentralization. Acapulco, Mexico (January 21, 2018) – Anarchapulco is excited to announce that Bitcoin.com will be the Title Sponsor for Anarchapulco 2019, the world’s premiere Liberty event for voluntaryist thinkers and activists held annually in Acapulco, Mexico February 14 to 17, 2019. The principal tenant of Anarchapulco is everyone is responsible for themselves and that every relationship is based on voluntary participation rather than through forced servitude or coercion. Anarchapulco 2019 will feature over 150 speakers…

Bitcoin Price Watch: BTC Bears Eyeing Test of $3,000

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Bitcoin price extended its decline and traded below the $3,440 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently under a lot of pressure and it may slide further towards $3,200 or $3,000. Bitcoin price accelerated losses below the $3,500 support against the US Dollar. BTC bears are in full control and it seems like they are eyeing a test of the $3,000 level. Bitcoin…

Ripple Price Analysis: XRP’s Previous Support Now Resistance

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Ripple price failed to stay above the $0.3000 support and declined heavily below $0.2900 against the US dollar. Yesterday’s highlighted important bearish trend line is in place with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair recovered nicely after trading as low as $0.2777, but it is facing sellers near $0.2950. Ripple price declined sharply and gained bearish momentum against the US Dollar and Bitcoin. XRP/USD is currently facing a solid resistance near previous supports at $0.2950. Ripple Price Analysis Yesterday,…

Bitcoin (BTC) Halving Hype Mounts As Crypto Bears Draw Blood

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Next Block Halving To Drop Bitcoin Inflation Under Central Banks’ Target Although the broader crypto market has undoubtedly struggled in the past 24 hours, two months, and year without a doubt, with prices continually establishing lower lows, hype regarding the impending shift in the issuance rate of Bitcoin (BTC) has remained at all-time highs. Alec Ziupsyns, the founding partner at blockchain project incubator/backer Rhythm Technologies, recently capitalized on the resounding positive sentiment regarding Bitcoin’s supply schedule, which single-handedly sets the asset apart from government-issued fiat. In a tweet, Ziupsyns, first remarking…

Ethereum Price Analysis: ETH In Trouble, Risk of Breakdown Below $100

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ETH price failed to bounce back and declined below the $108 and $104 supports against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $100 support area once and it corrected above the $104 resistance level. Ethereum price declined heavily with bearish moves against the US Dollar and bitcoin. ETH/USD is under a lot of pressure and it seems like sellers could attempt to break $100. Ethereum Price Analysis Yesterday,…

How Maduro’s Petro Plan Failed to Bail Out the Country

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Venezuelan leader Nicolas Maduro was sworn in for a second term on Jan. 10, amid tremendous hyperinflation, long-lasting political and economic crisis, and strict sanctions imposed by its former partner and oil purchaser: the United States. Since Maduro first took office in 2013, Venezuela has faced several brutal riots, including the “Mother of All Marches” in 2017 and the Caracas helicopter attack in the same year,  and the current crisis is very likely to be the last for the regime. We decided to look into the last six years for…

Van Eck Associates CEO: Bitcoin Investors Will Add Gold This Year

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Gold and bitcoin markets have have attracted comparisons for some time now, with gold investors taking an interest in the cryptocurrency during the 2017 bull market. But some of these investors are now reintroducing gold to their portfolio, according to Jan Van Eck of Van Eck Associates.  Also read: 8 Food Delivery Sites That Accept Cryptocurrency  Bitcoin vs Gold Van Eck, whose firm created the most popular gold exchange-traded funds, has said that investors are now going back to gold, despite being lured away from it last year. He said that…

Crypto Exchange QaudrigaCX Goes Offline, Claims Maintenance Issues

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Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time. Screenshot of QuadrigaCX Webpage. Source: QuadrigaCX The exchanges users, some of whom have purportedly been unable to access or withdraw their funds for months, took to Reddit and Twitter. One user asked, “Shouldn’t you let your customer know before taking it down?” Some users on a Reddit post…

Swiss Wallet Firm to Produce Physical Banknotes for Marshall Islands Digital Currency

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Tangem, a Switzerland-based ‘smart card’ wallet manufacturer will reportedly issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands, according to an announcement on Jan. 28. Per the announcement, physical representations of the digital currency will purportedly ensure that citizens have “fair and equal access to their digital currency, whether or not they have internet connection.” The firm states that a physical SOV will be a “controllable mechanism” for issuing the currency by the Marshallese government. Minister David Paul, Minister-in-Assistance to the President of the…

Crypto Exchange Liqui Folds As Bitcoin (BTC) Price Plunge Strikes

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Crypto Platform Liqui Loses… Liquidity Ouch… crypto platform Liqui, launched in 2016, is folding amid an extended Bitcoin (BTC) plunge-induced “winter.” Per a company release that has replaced Liqui’s exchange homepage, the upstart, which manages a once-popular trading platform, has determined that it will be “unable” to provide liquidity for its remaining clients. (Liqui isn’t so liquid more… huh.) With this in mind, the company determined that it wouldn’t be economically feasible nor logical to run its platform for much longer, interestingly adding that it didn’t want to “return to where…