Day: May 23, 2019

Bitcoin Purchases Roll Out to 2,200 US Coinstar Kiosks as Partnership Expands

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Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22. Coinme, which began as the U.S.’s first licensed bitcoin ATM provider in 2014, will now serve around 2,200 locations in the country via its existing partnership with coin kiosk operator Coinstar. As Cointelegraph reported, Coinstar first started selling bitcoin for USD in January this year, so far restricting the feature to the U.S. market. “Bitcoin and other digital currencies offer unique…

Expect a Bitcoin (BTC) FOMO after 2020 Halving

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The fear of missing out (FOMO) has been a contributing factor in leading people to invest or hodl Bitcoin. This phenomenon is likely to continue now that we are roughly 12 months away from the third halving event in the history of Bitcoin (BTC). The co-founder of Morgan Creek Digital, Anthony Pompliano, even compares the Bitcoin FOMO after halving to the one that would engulf the market if such an event would affect the daily printing of US dollars. Bankers Would Be FOMOing In a tweet, Pompliano says: “Imagine if…

Bitcoin and Ether Market Update: May 23, 2019

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The total crypto market cap lost $12 billion of its value since May 20, 2019, and dropped to $239 billion. The top ten currencies are all in red for the last 24 hours with Stellar (XLM) and Cardano (ADA) being the worst performers with 8.5 percent and 7.6 percent of losses respectively. At the time of writing bitcoin (BTC) is trading at $7,685 on the Bitstamp daily chart, while ether (ETH) stands at $243 and Ripple’s XRP fell to $0.372. BTC/USD Bitcoin has been in a downtrend since the start…

Bitcoin (BTC) Price Uptrend Pauses But Not Out of Woods Yet

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Bitcoin price is currently under pressure below the $7,800 support area against the US Dollar. The price declined recently and it is currently trading just above the $7,500 support area. There is a major declining channel in place with resistance at $8,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline a few points and there might be a strong bounce from $7,420 or $7,200. Bitcoin price is slowly moving lower towards key supports against the US Dollar. BTC is likely to bounce…

Next Bitcoin Boom To Be “Awe Inspiring” Compared To Last Crypto Mania

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Next Crypto Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next rally is on. And while expectations for the next bull run have varied, a majority are coming to the conclusion that the next market cycle will be more intense than any before it. Here’s why. Misir…

Next Bitcoin Boom To Be “Awe Inspiring” Compared To Last Crypto Mania

boss

Next Crypto Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next rally is on. And while expectations for the next bull run have varied, a majority are coming to the conclusion that the next market cycle will be more intense than any before it. Here’s why. Misir…

Bitcoin Correction Sends Crypto Markets Into The Red

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A massive move during trading in Asia this morning sawBitcoin finally pullback from the $8,000 zone and drag the entire crypto marketdown with it once again. Dropping over $12 billion, total crypto marketcapitalization has been crushed by almost 5% as it fell from $250 billion to$238 billion over the past 12 hours. The altcoins are bleeding at the momentshedding gains from a couple of weeks of upwards momentum. Bitcoin Drops 4% Bitcoin has played the digital pied piper once again as it failed to break resistance over $8,000 for the…

Crypto Market Approaching Next Break: BNB, Litecoin, Bitcoin Cash, TRX Analysis

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The total crypto market cap is forming a crucial breakout pattern above the $225.0B support area. Binance coin (BNB) price rallied recently and it is currently consolidating above $30.00. Litecoin (LTC) price is down around 4% and it recently broke the $90.00 support. Bitcoin cash price declined more than 6% and traded below the $400 and $395 supports. Tron (TRX) price is under pressure and it could retest the key $0.0265 support area. The crypto market cap is forming a significant breakout pattern, with negative moves in bitcoin (BTC) and…

US Copyright Office Responds to Craig Wright’s Bitcoin Registrations

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On May 21, 2019, a press release was sent to a variety of publications that said Craig Wright was granted two U.S. copyrights for the original Bitcoin white paper and version 0.1 of the cryptocurrency’s code. Meanwhile, the U.S. Copyright Office specifically addressed the matter in a press release which emphasized the agency “does not investigate the truth of any statement made.” Also Read: “I Am the Real Satoshi” Claims Hawaiian Man After Filing Bitcoin Cash Trademark Craig Wright’s Copyright Proof Attempt Fails to Sway the Greater Crypto Community Yesterday…

Ripple (XRP) Price Testing Key Support: More Range Moves Likely

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Ripple price struggled to break the $0.4080 and $0.4085 resistance levels against the US dollar. The price declined recently and traded below the $0.4000, $0.3950 and $0.3840 support levels. This week’s followed bullish trend line was breached with support near $0.3960 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now trading near a major support area close to the $0.3650 and $0.3620 levels. Ripple price moved lower within a range against the US Dollar and bitcoin. XRP is currently holding the key $0.3620…