Day: July 23, 2019

No, TD Ameritrade Did Not Just Launch Bitcoin Futures Support

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Bitcoin Futures are Here and Have Been For a While Sorry to break it to you, TD Ameritrade didn’t just launch support for Bitcoin (BTC) futures. Earlier today, Mati Greenspan of eToro released a tweet, during which he wrote that “Bitcoin trading in now available” via TD Ameritrade. Some took this as news that the American brokerage, which caters to many retail/mom & pop investors, had quietly launched support for some futures vehicle relating to the leading cryptocurrency. Bitcoin trading is now available @TDAmeritrade!!! Been waiting a while for this.…

The Iranian Cabinet Mulls Over Electricity Tariffs on Crypto Miners

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Homayoun Ha’eri, Iran’s deputy energy minister for power and electricity, recently announced that the Economic Commission of Iran has confirmed power tariffs for cryptocurrency miners, Financial Tribune reported on July 21st. These tariffs will be the same as the ones used for electricity exports. However, the decision remains pending as the nation’s cabinet hasn’t approved it yet. The rates finalized by the commission were not particularized by the minister. According to him, the electricity export prices are not fixed and will deviate depending on several factors including fuel prices in…

Bitcoin Price Crosses Under $10,000, What are Analysts Expecting Next?

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Bitcoin has continued to crack under pressure. As of the time of writing this, BTC has dipped under the auspicious $10,000 price point, falling to four digits for the umpteenth time in a matter of weeks. Related Reading: Analyst: Bakkt Could be a Huge Catalyst for Bitcoin; Is a Price Surge Inbound? With this move lower, altcoins have surprisingly kept pace with the market leader. Ethereum, XRP, and other large-cap cryptocurrencies are trading pretty much in tandem with Bitcoin, losing close to the same value in terms of percentage. Analysts…

Bitcoin Mixer Restores Anonymity on Bitcoin Transactions

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Bitcoinmix provides crypto users with the mixer functionality that protects the identities of the addresses sending and receiving Bitcoins. Due to its inherent nature of decentralization, cryptocurrency transactions are expected to be completely anonymous. It is explained by the fact that transactions with these digital currencies do not require the need for middlemen such as banks and other centralized institutions. As the mother of all cryptocurrencies, Bitcoin emerges as our main topic of discussion. Nevertheless, now, the reality turns out to be so that Bitcoin holders and traders are obliged…

Bitcoin Price (BTC) Showing Signs of Weakness, Could Test $10K

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Bitcoin price failed to accelerate above $10,700 and declined recently against the US Dollar. The price broke the key $10,500 and $10,400 support levels to move into a short term bearish zone. There is a new bearish trend line forming with resistance near $10,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could continue to slide towards the $10,000 and $9,800 support levels in the near term. Bitcoin price is showing a few bearish signs below the $10,500 support against the US Dollar. BTC…

Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis

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The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B. Bitcoin price is down around 3% and it recently broke the $10,500 support area. EOS price is down 5% after it failed to gain strength above the $4.400 resistance area. BCH price failed to hold the $320 support and traded towards the $310 level. Tron (TRX) price declined sharply by around 10% and broke the key $0.0280 support. Cardano (ADA) price remains in a bearish zone below the $0.0650 support area. Bitcoin price and…

Ripple Price (XRP) Could Retest $0.3000 Before Fresh Rise

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Ripple price failed to hold the key $0.3250 support level and recently declined against the US dollar. The price even broke the $0.3200 support level to move into a short term bearish zone. Yesterday’s highlighted major bullish trend line was breached with support at $0.3260 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could extend the current decline and it might test the $0.3100 or $0.3000 support area. Ripple price is currently trading below an important support against the US Dollar and bitcoin. XRP…

Ethereum Price (ETH) Turns Bearish Below $220, Bitcoin Breaks $10.5K

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ETH price failed to continue higher above the $230 and $240 resistance levels against the US Dollar. The price started a fresh decrease and broke the key $220 and $218 support levels. Yesterday’s highlighted breakout pattern was breached with support near $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now trading below the $220 support and it might decline further towards the $207 support. Ethereum price is struggling to gain bullish momentum versus the US Dollar and bitcoin. ETH price remains at a risk…

Justin Sun to Reschedule Warren Buffett Charity Lunch for Medical Reasons

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The Tron Foundation is pushing back the Warren Buffett Lunch and press conferences to an unspecified date. According to an official Twitter post, Justin Sun — who successfully procured the lunch with Buffett by winning the affiliated charity auction —  is currently out of commission due to kidney stones, and associated parties have agreed to reschedule the lunch. In June, Tron founder and CEO Justin Sun won a charity auction on eBay to have lunch with Buffett, the famously successful investor and CEO of Berkshire Hathaway. Sun’s winning bid was…

Bitfinex and Tether Double Down on Claim of No Customers in New York

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Lawyers for Bitfinex and Tether, in the course of an ongoing case against the New York Attorney General (NYAG), submitted multiple fillings on July 22 alleging that the companies never served customers within New York.  In one filing, attorney Stuart Hoegner noted the provision in Bitfinex’s terms of service that require that customers that transact be foreign entities: “Under Bitfinex’s and Tether’s Terms of Service, Eligible Contract Participants (“ECPs”) that transact with Bitfinex or Tether must be foreign entities. Although those foreign entities may have shareholders or personnel who reside…