May 18, 2019

NEM (XEM) Defies Crypto Snooze as Week’s Biggest Gainer

May 18, 2019 boss

By CCN: The crypto market took a breather from its bull run this week, with Bitcoin slightly departing from its recent year-to-date peak. However, NEM has been defying this mini-correction mood to gain over 55 percent since Monday, according to Coinmarketcap data. Thus, NEM, whose coin is trading under the ticker XEM, has been the best performer of the week among the top 100 coins. On Thursday, it jumped about 50 percent in less than six hours, hitting a daily peak at $0.108, which is the highest level since November…

About That Orange B… The History of Bitcoin’s Logos

May 18, 2019 boss

Can a logo symbolize the ethos of a project? An industry? An entire movement? This is perhaps too much meaning to attribute to any one design, but if any logo has come close to the task, it’s that of bitcoin. Belonging to no corporation, no in-house graphic design team at a shiny Silicon Valley startup, bitcoin’s logo has given the faceless project’s many adherents an image to hold on to. And not only to hold on to – but to emblazon on shirts, stick to laptops and stamp on physical…

Roger Ver Provides More Evidence that Craig Wright is Not Satoshi

May 18, 2019 boss

Satoshi Craig Wright sued Bitcoin Cash figurehead, and former business partner, Roger Ver for libel after being called a “fraud and a liar.” Ver responded by seemingly debunking Wright’s claim that he controlled several high-profile Bitcoin addresses. For two weeks we thought that tensions between Satoshi Wannabe Craig Wright and the rest of the planet had been quieted down. However, seems that poor Wright needed money to pay out Calvin Ayre’s sun tan he is getting in Antigua so he decided to show up again. Well, at least he stays…

Bitcoin Drop To $6,100 Might Just Kick-Off A Rally To $20,000 And Beyond

May 18, 2019 boss

Bitcoin Could Rally To $20,000 Into 2020 Bitcoin (BTC) may have lost over 10% in the past 24 hours, but one analyst is saying that this sets up the asset’s chart nicely. In a recent eye-opening tweet, popular analyst Filb Filb, known for his astute market observations (he predicted the rally to $5,000), posted the two charts, seen below. As he points out, Bitcoin’s current inverse chart looks eerily similar to the same chart seen from late-2014 to 2016, during which BTC capitulated, traded in an accumulation range for months,…

Bitcoin is Starting a Parabolic Bullrun That May Lead it To New ATHs, eToro’s Mati Greenspan Says

May 18, 2019 boss

Bitcoin seems to be leaving behind the bearish streak of 2018, and an increasing number of analysts are sure that it bottomed at around 3200 USD. Mati Greenspan After making similar claims about the altcoin market, Mati Greenspan, chief analyst of the social trading platform eToro shared his impressions about the current situation of BTC. In an interview with Bloomberg, the well-known analyst explained that, from his perspective, BTC beat the negative trend and is now approaching a period of parabolic growth. Mr. Greenspan explained that historically BTC shows a…

Bitcoin (BTC) Price Near Inflection Point: Fresh Increase Likely

May 18, 2019 boss

Bitcoin price declined heavily yesterday and traded close to the $6,650 support against the US Dollar. The price traded as low as $6,645 and it is currently recovering towards the $7,400 level. There is a key bearish trend line forming with resistance at $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair needs to clear the $7,400 and $7,512 resistance levels to start a strong upward move. Bitcoin price seems to be forming a new support base above $7,000 against the US Dollar. BTC…

Bitcoin Collapse To $7,000 Resulted In Brutal “Technical Damage”, Warns Analyst

May 18, 2019 boss

Bitcoin May Fall Further Bitcoin (BTC) has just seen its craziest hour of price action since the weekend, during which the cryptocurrency market rallied by 20%, if not more. For those who missed the memo, or haven’t checked the charts or Crypto Twitter in a hot second, Bitcoin collapsed by over 15% in minutes on major markets, falling from $7,800 to $6,200. Interestingly, however, most of the downturn was contained to Bitstamp, a Europe-centric exchange, as there existed a $500 to $600 spread between its BTC/USD pair and the same pair on…

Bitcoin Collapse To $7,000 Resulted In Brutal “Technical Damage”, Warns Analyst

May 18, 2019 boss

Ethereum (ETH) Chart Still Bullish, Despite Bitcoin Collapse To $7,000

May 18, 2019 boss

ETH Chart Still Bullish Bitcoin (BTC), Ethereum, and other digital assets have just seen its craziest hour of price action since the weekend, during which the cryptocurrency market rallied by 20%, if not more. For those who missed the memo, or haven’t checked the charts or Crypto Twitter in a hot second, Bitcoin collapsed by over 15% in minutes on Bitstamp, falling from $7,800 to $6,200. Other digital assets, like (ETH) and XRP, followed. Interestingly, however, most of the downturn was contained to Bitstamp, a Europe-centric exchange, as there existed a $500…

Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

May 18, 2019 boss

By CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived lack of know-your-customer compliance. High-Profile Users Get Their Issues Resolved ⚠️🔥Looks like @hitbtc have decided to go full scammer, and are stealing balances of users (including me).🔥⚠️ Probably a good idea to get anything you have there off, and take care not to use…