Bitcoin price started a downside correction from the $52,750 all-time high against the US Dollar. BTC is now approaching a couple of important supports near $50,500. Bitcoin topped near the $52,750 level and started a downside correction. The price is still well above $50,000 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $50,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to bounce back from $50,400 or $50,000 in the coming sessions.…
Day: February 19, 2021
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔰 Download CoinSwitch Kuber with this link and get free Bitcoin worth ₹50 – 0:00 – Intro 0:27 – Contents 1:06 – What is Bitcoin ? 1:53 – Is Bitcoin safe ? 3:03 – My Bitcoin Investment ? 3:10 – Bitcoin History 3:36 – Is Bitcoin legal in India ? 4:13 – How to invest in Bitcoin ? 6:01 – Profit Example 6:37 – How much to invest ? 7:21 – What is BTC mining ? 9:32 – How to store bitcoins…
Altcoins breakout to new highs while Bitcoin price retests a key support
Bullishness in the cryptocurrency market continued on Feb. 18 as Bitcoin (BTC) trades near $51,000 and Ether (ETH) is within reach of the $2,000 level for the first time as retail traders remain long while pro traders are less optimistic in the short term. Data from Cointelegraph Markets and TradingView shows Bitcoin price has pulled back slightly from recent all-time highs to a current value of $51,924 while ETH price has increased 5.66% to a record high of $1,950. Investors in Canada showed their healthy appetite for access to the…
Stablecoin RAI launches, a pure, decentralized alternative for DeFi
New Ethereum-backed stablecoin RAI hopes to be the savior of the DeFi sector by providing a truly decentralized stablecoin alternative. Developed by blockchain startup Reflexer Labs, RAI is not pegged to any fiat currency and its monetary policy is managed by an on-chain, autonomous controller. It’s a fork of Maker’s DAI. RAI co-founder Ameen Soleimani explained: “RAI is an asset backed only by ETH, governance-minimized, and programmed to maintain its own price stability without needing to peg to an external price reference like the USD.” Soleimani believes that RAI, which…
US Authorities Take Action to Shut Down Crypto Trading Platform Allegedly Defrauding Thousands of Investors – Regulation Bitcoin News
The New York attorney general and the U.S. Securities and Exchange Commission (SEC) have filed charges against a cryptocurrency trading platform that allegedly defrauded thousands of investors out of over a million dollars. US Regulators Allege Coinseed Operates Illegal Crypto Trading Platform New York Attorney General Letitia James took legal action Wednesday to shut down the cryptocurrency trading platform owned and operated by Coinseed Inc. The lawsuit, filed in New York County State Supreme Court, alleges that Coinseed runs “an illegally operating cryptocurrency trading platform that defrauded thousands of investors…
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Breaking Down What Bill Gates Said About Bitcoin
With the recent craze around Bitcoin, CNBC has been asking many of its guests to its television programs to talk about digital assets. Bill Gates, the founder of Microsoft and one of the most wealthy people on Earth, was no exception to this rule just recently. The billionaire technologist, who has now become a philanthropist, recently took to CNBC. During his interview, he was asked about Bitcoin and his thoughts on the digital asset. Here’s more about what he said. Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With…
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An SEC Ripple Effect Leaves XRP Sliding the the Crypto Top 10
XRP is unsurprisingly lagging behind the rest of the incredibly bullish crypto market and altcoin space. The SEC’s charges against Ripple executives asserting that the token itself is an unregistered security have harmed any chance of upward momentum. It has also caused the altcoin to sink further and further down the ranks of the top ten crypto assets by market cap, less so because of sellers dumping XRP, but because other coins are flying so high and leaving Ripple behind. Here’s what the current top ten looks like and how…
OCEAN PROTOCOL to $1 SOON! | Cryptocurrency News | KAVA KYBER CHAINLINK ETHER Market Breakdown
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I breakdown a few DeFi Coins including OCEAN PROTOCOL, KAVA, KYBER NETWORK, ETHEREUM, I also look at XRP and BTC The Magna Crypto Course: Private Telegram group: SOCIAL MEDIA LINKS ● ● ● DISCLAIMER: This is NOT financial advice. I am offering my opinions. I am not responsible for any investment decisions that you choose to make. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version