Day: March 3, 2019

Mayday, Mayday: London Bitcoin Investor Crashes Lamborghini

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Bitcoin Entrepreneur Ditches Exotic… In A Ditch Last year, Soulja Boy released a track titled “Bitcoin”. Although the Chicago-based artist has since claimed that crypto’s glory days are in the rearview mirror, that track saw Drako spit fire about exotics, a pseudo-meme in the cryptocurrency community. Funnily enough, however, it appears that the “when Lambo?” meme and industry jokes of similar caliber are a tad too accurate. According to a report from ABC News from Australia, a purple-esque Lamborghini Huracan, owned by a cryptocurrency entrepreneur, was found in a ditch…

Bitcoin (BTC), Facebook, JPM Coin, the Cincinatti Time Store And The Payments Revolution

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Bitcoin, Facebook Coin and JPM Coin could together usher in a crypto default for value transfer. And to help see why, there is a crypto adoption lesson from America’s utopian past. Be it the internet of value trumpeted by Ripple or the peer-to-peer electronic cash of Satoshi Nakamoto’s bitcoin whitepaper, the premise that underlies crypto valuation assumptions is the notion that money will in time be brought into the digital age. Just as Netflix makes watching what you want when you want possible in a way that the analogue TV…

Bitcoin (BTC) Closing February Green Might ‘Not Mean Much’: Bloomberg

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Bitcoin Closed Green… Finally What a horrid 2018 the digital asset market had. Although there were some silver linings in the crypto cloud, yesteryear was arguably rife with suffering and pain for investors at large. In fact, as per Dow Jones Market Data, which dates back to July 2010, Bitcoin (BTC) posted month-over-month red candles for half a year, the asset’s longest losing streak in its history. But, as February has come to a head, the streak of lower lows has finally ended. In the past 28 days, the flagship cryptocurrency has…

Bitcoin (BTC) Closing February Green Might ‘Not Mean Much’: Bloomberg

boss

Bitcoin Closed Green… Finally What a horrid 2018 the digital asset market had. Although there were some silver linings in the crypto cloud, yesteryear was arguably rife with suffering and pain for investors at large. In fact, as per Dow Jones Market Data, which dates back to July 2010, Bitcoin (BTC) posted month-over-month red candles for half a year, the asset’s longest losing streak in its history. But, as February has come to a head, the streak of lower lows has finally ended. In the past 28 days, the flagship cryptocurrency has…

Bitcoin Could Collapse To $800 If Late-2018’s Plunge Is Mirrored, Warns Crypto Analyst

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Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear. Bitcoin Could Fall Again To New Lows Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood…

Bitcoin Could Collapse To $800 If Late-2018’s Plunge Is Mirrored, Warns Crypto Analyst

boss

Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear. Bitcoin Could Fall Again To New Lows Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood…

Bitcoin Early Adopters Build Seasteading Home off the Coast of Thailand

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Interest in cryptocurrency is often interlinked with a passion for personal freedom and a desire to shape the future for the better. A recent example of this is a team of Bitcoin early adopters who are building a seasteading home off the coast of Thailand. Also Read: In the Daily: Binance Trading Competition, Bitdeer BCH Mining Plan, Voyager Merges Ethos Private Seasteading for $150,000 A short video documentary released by the Seasteading Institute on its Youtube channel showcases the establishment of a small seastead 12 nautical miles off the coast…

Popular Trader Leaves Crypto, But Remains Hopeful For Bitcoin (BTC)

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Bitcoin Analyst Capitulates That’s right, CryptoYoda, an industry personality, trader, and thought leader extraordinaire that sports hundreds of thousands of followers, is leaving the industry. Or temporarily, at least. In what can only be described as an acute case of Bitcoin (BTC) bear market blues, Yoda took to Twitter on Friday to convey his final (for now) message. In a tweet that garnered traction throughout the space, Yoda wrote that while he will be leaving for a “while,” he remains fully invested in cryptocurrencies, as their value proposition from his…

Binance Coin, Bitcoin SV, Ripple, Dash, Litecoin

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets are showing signs of bottoming out. Bitcoin gained about 11 percent in February, its first month to close positively since July of 2018. Bitcoin is not the only cryptocurrency being favored by the market participants.  A number of other major…

Crypto Companies Still Run Into Trouble Opening Bank Accounts

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Companies in the cryptocurrency industry still have trouble opening bank accounts, major financial publication Bloomberg reported on March 3. The report cites the complaint of Sam Bankman-Fried, CEO of quantitative crypto trading company Alameda Research, that “the standard answer of ‘just go to your local Chase branch’ doesn’t work in crypto.” Bankman-Fried also added that it is not illegal for banks to serve crypto businesses, but “it’s a massive compliance headache that they don’t want to put the resources in to solve.’’ Bloomberg also points out that, while the larger…