Day: February 2, 2020

Twitter’s Bitcoin Emoji Excites Crypto Community

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Twitter’s Bitcoin emoji has been introduced. This has generated lots of excitement within the crypto space. Twitter’s cryptocurrency community has been on fire as the Bitcoin symbol has been trending. However, it could have been rather expectable. Twitter’s CEO Jack Dorsey has been known to be a Bitcoin fan for many years now. His recent tweet has got a lot of positive feedbacks. #bitcoin cc:@unicode — jack 🌍🌏🌎 (@jack) February 2, 2020 The Bitcoin symbol was approved as a Unicode symbol in 2017. This is the first time that any…

Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does the Same

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Twitter co-founder and CEO Jack Dorsey tweeted the newly added Bitcoin (BTC) emoji on Feb. 2 and tagged Unicode, the consortium managing the character standard, in an apparent suggestion to do the same. Dorsey’s tweet showed that, now, whenever a Twitter user writes the Bitcoin or BTC hashtag, an image showing its symbol appears next to it. Dorsey’s tweet showing the Bitcoin emoji. Source: Twitter Dorsey’s apparent suggestion that the symbol be included in the Unicode text encoding standard was appreciated by the community, with Lightning Labs co-founder Elizabeth Stark…

Don’t Invest in Bitcoin Code, Bitcoin Doubler or Bitcoin Trader – They Are All Scams

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Those new to crypto and with money signs in their eyes can easily be taken in by scams, and there are many, thanks to the decentralized nature of bitcoin and the lack of knowledge surrounding it for beginners. Promises of easy and incredible gains thanks to the guidance of some shadowy “bitcoin expert” or auto trading software abound, and the wise old rule of thumb still applies: if it sounds too good to be true, it probably is. This article describes three of the most infamous crypto scam sites, all…

Messaging Giant Line to Launch Link Token Trading for Japan in April

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LVC Corporation, the crypto subsidiary of messaging giant Line, will launch trading of its proprietary cryptocurrency Link in Japan in April. According to a press release on Jan. 30, LVC is also developing a system meant for Link’s debut in Japan on its local cryptocurrency exchange BitMax.  Line already began Link trading on its international BitBox cryptocurrency exchange in mid-October 2018. Due to stricter national cryptocurrency regulations in Japan, LVC had to wait to obtain a license from local financial regulators in September 2019 before launching its BitMax cryptocurrency exchange…

Brexit Divorce Is Advertising Opportunity for Crypto Firms

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As the United Kingdom left the European Union this week, the Paris-based hardware provider Ledger and Vienna-based exchange Bitpanda made its thoughts known on the theme of “exit.”  Hanging in Canary Wharf, a financial district in London, on Friday was Ledger’s 7-by-4-meter digital billboard, reviving and modifying the controversial pro-Brexit slogan “take back control.”  Pascal Gauthier, Ledger’s CEO, said he was employing the phrase “to make a point about bitcoin.” There are similar values shared between the Brexit movement and crypto community, he said. But only crypto lets people “take…

Bitcoin Bulls Alert: This Inverse Head & Shoulders Pattern Could Trigger Violent Drop

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Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like an inverse head and shoulder pattern is forming, which could drag BTC towards $8,800. After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar. The price is currently declining and it could slide below the $9,150 support. There was a break below a major bullish trend line with support near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). A…

Ethereum Trading Near Make-or-Break Levels: Can ETH Bulls Save The Day?

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Ethereum surged to a new 2020 high at $187 and it is currently correcting lower against the US Dollar, similar to bitcoin. ETH price must stay above $178 to continue higher in the near term. ETH price is currently correcting lower from the $187 yearly high against the US Dollar. The price could decline heavily if it breaks the $178 and $175 support levels. There is a crucial bullish trend line forming with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either…

Cryptocurrency News From Japan: Jan. 26–Feb. 1 in Review

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Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week. This week in Japan, SBI Holdings’ president said to watch for central bank digital currencies, or CBDC, Coincheck exchange tallied top app downloads for exchanges is 2019, Japan’s central bank head forecasted CBDC demand, a Japanese political party proposed blockchain for document security, and a research institute unveiled a crypto index.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. President of…

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

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Bison, the crypto trading application offered by Boerse Stuttgart, has seen a remarkable growth of users in the past 12 months, the group announced this week. Germany’s second-largest stock exchange is now planning to expand its features and offer traders in Europe another cryptocurrency option, bitcoin cash (BCH). Also read: Eastern Europe Sees More Fiat Options for Trading Crypto Over 80,000 Users Added Since Launch A year after it was launched, Bison now has around 81,000 active users, the stock exchange revealed in a press release published Thursday. According to…

Litecoin Closing Above This Level Could Mean 100% Surge Will Take Place

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There was a time when Litecoin was trading alongside the crypto market’s foremost leaders, Bitcoin, Ethereum, and XRP. But over the past few years, since the previous market bubble, the prominent altcoin has suffered. As of the time of writing this article, LTC is now the seventh-largest cryptocurrency by market capitalization — not bad by any stretch but not as good as it has been in the past. According to a prominent Bitcoin analyst, however, Litecoin could be on the verge of gaining even more strength against its altcoin brethren,…