Day: February 9, 2020

Bitcoin Price Hits 10,000 Level, Overall Market in Green Zone |

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Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action. Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the cryptocurrency market is going green in recent days, with BSV as…

PawnHub Creates Waves As Hong Kong’s First Licensed Crypto Lender

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PawnHub is a crypto lending firm based in Hong Kong, and is proud to be the first to obtain the proper licenses from the government of Hong Kong. In addition to this monumental achievement, PawnHub will be partnering with a leading US-based crypto custodian to provide up to $100 million of insurance coverage for clients’ assets. Their innovative business model isn’t like a traditional lending company, because it allows customers to retain ownership of their assets while having access to liquidity. This model falls in line with the characteristics of…

Elon Musk Flames Mark Zuckerberg on Twitter for ‘Lame’ Facebook

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Earlier this month Sacha Baron Cohen hyperventilated that Mark Zuckerberg rules information like an emperor over Facebook. Elon Musk chimed in with a more measured reply. But it’s more accurate too. Facebook isn’t dangerous. It’s lame. Here’s what’s wrong with Facebook (NASDAQ:FB). Mark Zuckerberg’s control over people’s photos of their dinner is giving Sacha Baron Cohen heart palpitations. The absolutely hilarious comedian (but not funny at all political activist) freaked out on Wednesday. He tweeted a picture of Mark Zuckerberg as an all-powerful ancient Roman emperor. Cohen howled that one…

Anthony Pompliano Believes Bitcoin Price Climb to $100K Has Started

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Bitcoin price has surpassed $10,000 on Feb. 9, breaking its key psychological level and in doing so reached its highest point since October last year.  But to many, $10,000 is just the beginning before the top cryptocurrency reaches a much higher level. Anthony Pompliano, co-founder & partner at Morgan Creek Digital believes that Bitcoin’s price can hit $100,000 at the end of 2021 due to limited supply and increased demand: “Bitcoin just hit $10,000. I still think that Bitcoin will hit $100,000 by end of December 2021. Fixed supply. Increasing…

Weiss Ratings Upgrades Bitcoin to A- Ahead of Halving

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American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to strong price performance.  Bitcoin upgraded thanks to improving fundamentals In a tweet published on Feb. 7, Weiss Ratings announced: “The Weiss Crypto Rating for #BTC is now A- (excellent), thanks to improving fundamentals and positive price action ahead of Bitcoin’s next halving.” Previously, in late March 2019, Weiss Ratings put Bitcoin aside XRP and EOS as cryptocurrencies that have the best combination of adoption and technology. Now, Bitcoin has…

Coronavirus Checks China’s Blockchain Ambitions

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James Cooper is a Professor of Law at California Western School of Law in San Diego. It was inevitable: the scent of bitter almonds always reminded him of the fate of non-reciprocal trade. American nuts are to be sold en masse to the Chinese as part of the extra $200 billion worth of extra U.S. goods that the mainland promised to purchase – $40 billion of that from U.S. agricultural producers.  At least that was what the new trade deal between China and the United States (so-called “Phase I”) provided…

Coronavirus Checks China’s Blockchain Ambitions

boss

James Cooper is a Professor of Law at California Western School of Law in San Diego. It was inevitable: the scent of bitter almonds always reminded him of the fate of non-reciprocal trade. American nuts are to be sold en masse to the Chinese as part of the extra $200 billion worth of extra U.S. goods that the mainland promised to purchase – $40 billion of that from U.S. agricultural producers.  At least that was what the new trade deal between China and the United States (so-called “Phase I”) provided…

Crypto Derivatives Exchange Adds ‘BERNIE’ Futures Following ‘TRUMP’

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After launching TRUMP futures trading last week, FTX plans to release five additional 2020 presidential election-based futures products. “What we’re about to come out with is just similar contracts for the top five Democratic candidates,” an FTX representative told Cointelegraph in an interview.  2020 Reelection futures expand offering FTX plans to launch a Bernie Sanders (BERNIE) futures trading product, as well as futures on Joe Biden (BIDEN), Elizabeth Warren (WARREN), Pete Buttigieg (PETE) and Mike Bloomberg (BLOOMBERG).  Although FTX has not finalized a release date for these products as of…

Bitcoin Starts Vertical Rally To $11.5K and $12K: Uptrend Isn’t Over Yet

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Bitcoin gained traction and recently climbed above the $10,000 mark against the US Dollar. BTC price is now in a strong uptrend and it could soon test $11,560 or $12,100. Bitcoin price is showing a lot of positive signs above the $9,500 resistance area. The bulls were able to push the price above $10,000, opening the doors for a larger rally. There was a break above a crucial bearish trend line with resistance near $9,000 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair is…

Bitcoin Starts Vertical Rally To $11.5K and $12K: Uptrend Isn’t Over Yet

boss

Bitcoin gained traction and recently climbed above the $10,000 mark against the US Dollar. BTC price is now in a strong uptrend and it could soon test $11,560 or $12,100. Bitcoin price is showing a lot of positive signs above the $9,500 resistance area. The bulls were able to push the price above $10,000, opening the doors for a larger rally. There was a break above a crucial bearish trend line with resistance near $9,000 on the daily chart of the BTC/USD pair (data feed from Kraken). The pair is…