Day: May 17, 2019

Brave Browser Reportedly Seeks to Raise Up to $50 Million in Series A Equity Round

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Photo: Brave Software / Twitter Brave, the privacy-centric internet browser, is expected to hold a Series A equity round to raise funds for its growth and development. It is believed that the fundraising round will be announced in the nearest future. What We Know about Brave The browser is known for its extremely successful fundraising experience in 2017 when it managed to receive $35 million in less than a minute. But how did its history begin? Brave was created in 2015 as an open source ad-blocking browser which is focused on…

Bitcoin Price Plunges as Market Volatility Strikes Again

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After showing a massive rally over the last few weeks, the bulls finally lose their hold on the market to the bears. Overall crypto market loses nearly $24 billion with Bitcoin price dropping below $7200 levels. Volatility in the cryptocurrency market is back again as Bitcoin and major altcoins prices lost over 10% in a few hours. In the last 24-hours, the overall cryptocurrency market has lost $26 billion currently being at $228 billion. After a week of a solid market rally, it looks like the bulls have lost the…

Former Bitcoin Bubble Proponent Endorses BTC Utility in International Payments

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Mark Mobius, co-founder of Mobius Capital Partners believes that bitcoin is becoming increasingly important in the international payments arena even as trade disputes exert more pressure on fiat currencies. Mobius had in the past been part of the “bitcoin bubble brigade.” Trade War Cements Growing Utility for Bitcoin Speaking on Bloomberg’s Daybreak Europe, Mobius declared that the desire for private and confidential international transactions is pushing more people towards bitcoin and other cryptocurrencies. Legendary investor Mark Mobius just flipped on Bitcoin!! “There’s definitely a desire among people around the world…

Bitcoin Price Crashes to $6,400 Triggered by Massive $35 Million Sell Order

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By CCN: On May 17, within minutes, the bitcoin price plummeted from around $7,800 to $6,400 in a flash crash, recording an unexpected 18 percent drop. The bitcoin price briefly plunges to $6,400, recovers swiftly (source: coinmarketcap.com) The sudden decline in the bitcoin price led the valuation of the crypto market to plunge from $257 billion to $225 billion, by more than $32 billion in less than 24 hours. What triggered the sudden bitcoin price drop? According to researchers and investors including Su Zhu, the CEO at Three Arrows Capital,…

US Adults Keen on Investing in ‘Facebook Coin’ Rather Than in Bitcoin: Survey

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A recent survey by LendEDU reveals that adult Americans might not be so interested in the crypto market or assets it offers. However, many are looking forward to the stablecoin launch announced by Facebook A New-Jersey-based website that allows consumers to compare loans for various goals, including studies or business, has recently conducted an interesting survey. It shows a high interest towards the announced ‘Facebook Coin’. Adult Americans seem to prefer the yet unreleased stablecoin to investing in such popular crypto assets as Bitcoin, Ethereum, XRP and other cryptocurrencies. Full…

Max Keiser is Bullish on Bitcoin (BTC,) “My Price Target is $100,000 and Beyond”

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Max Keiser has always been a proponent of Bitcoin, not only because of the evolution of its prices but also because of its fundamentals. In an interview for Kitco News, the host of the well-known TV Show “Keiser Report” pointed out that Bitcoin can “capture” a part of the global gold market (the most important asset used as storage of value). The famous investor also told that despite the strong bearish streak of2018, he still believes that it is perfectly possible for Bitcoin to reach$100,000 adding that he does not…

Max Keiser is Bullish on Bitcoin (BTC,) “My Price Target is $100,000 and Beyond”

boss

Max Keiser has always been a proponent of Bitcoin, not only because of the evolution of its prices but also because of its fundamentals. In an interview for Kitco News, the host of the well-known TV Show “Keiser Report” pointed out that Bitcoin can “capture” a part of the global gold market (the most important asset used as storage of value). The famous investor also told that despite the strong bearish streak of 2018, he still believes that it is perfectly possible for Bitcoin to reach $100,000 adding that he…

Bitcoin (BTC) Price Weakens Below $7,500: Uptrend Still Intact

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Bitcoin price formed a double top pattern near $8,330 and declined sharply against the US Dollar. The price broke the key supports near $8,000, $7,650 and $7,200 to test the $6,800 support area. This week’s followed bullish trend line was breached with support at $7,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tested a crucial support area near $6,700-6,800 and bounced back above $7,100. Bitcoin price started a major downside correction below $8,000 against the US Dollar. BTC formed a double top pattern,…

Crypto Market Trims $30 Billion: Bitcoin Cash, BNB, EOS, TRX Price Analysis

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The total crypto market cap corrected lower sharply from the $250.0B resistance area. Bitcoin price is down more than 10% and it recently broke the $7,500 support. EOS price declined heavily below the $6.40 and $6.20 support levels. Binance Coin (BNB) is down around 10% and it is currently trading near the $24.20 support. Bitcoin cash price fell more than 12% and it broke the $400 and $385 support levels. Tron (TRX) price nosedived more than 18% and broke the $0.0300 and $0.0280 supports. The crypto market cap corrected lower…

If History Rhymes, Bitcoin (BTC) To Enter “Reaccumulation” Range

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Bitcoin Rally May Slow From Here As Bitcoin (BTC) has finally settled in the $8,000 range, analysts have begun to formulate their opinions about what comes next for the cryptocurrency space. Per Tuur Demeester, a partner at Adamant Capital that recently penned a great report on the Bitcoin industry, suggested that BTC is moving from a phase of “expansion” out of a bear market to “reaccumulation” just above bear market levels. He posts a chart showing that the cryptocurrency may stay between $6,000 and $10,000 for the coming year, and…