Day: June 15, 2019

Bitcoin Halving Will Trigger ‘Supply Shock’, Warns Venture Capitalist

boss

A Bitcoin halvening is a fixed event and will occur after every 210,000 blocks are mined, or confirmed, by the system. StillMark Capital analyst Alyse Killeen thinks that there will be even greater demand for Bitcoin. The largest cryptocurrency, Bitcoin seems to have something to worry about. This week it was literally swept off by one of its biggest rivals – Litecoin. Mati Greenspan, senior market analyst at brokerage eToro said: “If Litecoin is indeed the leader, let’s look out for a Bitcoin breakout this week.” Even though we cannot…

Russian Citizens Apparently So Rich They’ll Pay Internet Taxes for Google

boss

Russian Citizens Apparently So Rich They’ll Pay Internet Taxes for Google June 15, 2019 by Jeff Fawkes Russian citizens will pay Google’s taxes — since the government doesn’t care where the money comes from. Notably, it’ll come directly from the population of the country, not from Google head office in the U.S. How can you perform such a “patriotic” tax trick? Let’s find out. Also read: Using Bitcoin Could Lead to 10 Years’ Jail in India: Rumor or Reality? Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts…

Russian Citizens Apparently So Rich They’ll Pay Internet Taxes for Google

boss

Russian Citizens Apparently So Rich They’ll Pay Internet Taxes for Google June 15, 2019 by Jeff Fawkes Russian citizens will pay Google’s taxes — since the government doesn’t care where the money comes from. Notably, it’ll come directly from the population of the country, not from Google head office in the U.S. How can you perform such a “patriotic” tax trick? Let’s find out. Also read: Using Bitcoin Could Lead to 10 Years’ Jail in India: Rumor or Reality? Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts…

Ethereum to Skyrocket by 70 Percent Against Bitcoin, Predicts Analyst

boss

By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher against bitcoin and follow the price action of its USD counterpart: Looks like it’s time for $ETH| $BTC to catch up to $ETH| $USD pic.twitter.com/3KDafuWYCG — 𝓡𝓪𝓶𝓹𝓪𝓰𝓮 🦍 (@Thrillmex) May 21, 2019 We’re covering this…

Altcoin Crypto Trading Axed For Americans as Bittrex Follows Binance

boss

News that the world’s largest crypto exchange by trading volume, Binance, has curtailed services to US customers sent shockwaves across the crypto community yesterday. Today it is the turn of Bittrex which has followed suit by announcing that certain markets will no longer be accessible to US clients. Crypto Assets Moving to Bittrex International In an email to its users and an official announcement on its website, Seattle Washington-based Bittrex stated that it would be making major market availability changes for US customers on June 28. What followed was a…

Bitcoin (BTC) Price Hits First Target: Can Bulls Hit $8.8K or $9K?

boss

Bitcoin price is n a positive zone and recently climbed above the $8,500 level against the US Dollar. The price is gaining momentum and it seems like it could even trade towards the $8,800 level. There is a major bullish trend line forming with support near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip a few points, but it remains well bid above the $8,460 pivot level. Bitcoin price extended gains above the $8,500 resistance against the US Dollar. BTC is…

Facebook’s Crypto Will be Bad for Bitcoin (BTC)

boss

Facebook is Bad for Bitcoin? June 18th is nearing, and that means that Facebook’s crypto asset, expected to be nothing like Bitcoin, is on the verge of becoming full public knowledge. For those who missed the memo, the next week is expected to see the Silicon Valley darling release a white paper regarding its first real foray into the blockchain ecosystem. As a result of this rapidly approaching date, industry commentators have come out of the woodwork to express their thoughts on the subject matter. In a recent tweet, Peter…

Facebook’s Crypto Will be Bad for Bitcoin (BTC)

boss

Facebook is Bad for Bitcoin? June 18th is nearing, and that means that Facebook’s crypto asset, expected to be nothing like Bitcoin, is on the verge of becoming full public knowledge. For those who missed the memo, the next week is expected to see the Silicon Valley darling release a white paper regarding its first real foray into the blockchain ecosystem. As a result of this rapidly approaching date, industry commentators have come out of the woodwork to express their thoughts on the subject matter. In a recent tweet, Peter…

Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery

boss

Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14. Initially, Dispatch Labs received funding from its executive team, subsequently raising over $13 million in a series of private rounds from other investors such as China-based capital firm Fenbushi Capital during the first half of 2018. However, the value of the raised capital slumped considerably following the market drop in the first quarter of the year. The company’s CEO Matt McGraw reportedly said that the team…