Category: Bitcoin News

Binance Lite Will Allow Australians to Purchase Bitcoin for Cash from over 1,300 Stores – BTCMANAGER

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Cryptocurrency fans down under will soon be able to buy bitcoin (BTC) from their nearest newsagent, thanks to Binance’s newly launched service called “Binance Lite,” reports The Next Web, March 19, 2019. Australians Can Now Buy Bitcoin for Cash Malta-based cryptocurrency exchange Binance has quickly cemented itself as one of the strongest forces helping increase the footprint of digital currencies the world over. Per sources close to the matter, the exchange’s latest service offering called Binance Lite will provide a fiat gateway to Australian crypto-enthusiasts to purchase bitcoin from over…

Bitcoin Price Charts Echo Pattern Seen Before 2015 Bull Market

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View Bitcoin’s drop from a record high of $20,000 clocked in December 2017 has ended up creating a falling channel similar to the one created in the 18 months leading up to the long-term bullish reversal seen in October 2015. If the same sequence of events unfolds, BTC could see a channel breakout later this year. An early move out of the falling channel cannot be ruled out, but may not yield stronger rally while the crucial 21-week moving average is trending south. The short-term bullish view put forward by…

Lightning Labs Releases Loop Feature to Improve Bitcoin Payments on Lightning

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Photo: Coinspeaker Lightning Labs has announced the alpha launch of a new feature that will improve the process of sending and receiving Bitcoin on the second layer of Lightning Network. Called ‘Lightning Loop’, the feature will enable users to receive Bitcoin in increasing quantities without having to close and reopen new payment channels. Announcing the alpha release of Lightning Loop, a non-custodial service that makes it easier to receive #bitcoin on Lightning. With Loop, users can get inbound capacity and withdraw from Lightning while keeping channels open. 🔁 Read more…

Bitcoin, Ether, and XRP Weekly Market Update March 21, 2019 – BTCMANAGER

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The total crypto market cap increased by $6.7 billion for the seven-day period and now stands at $141.4. At the time of writing bitcoin (BTC) is trading at $4,121 while ether (ETH) stands at $141. XRP’s Ripple is at $0.322. BTC/USD Bitcoin was extremely volatile during the March 14 session and was trading in the $3,860 to $4,000 range before closing at $3,950 on the Bitfinex daily chart. It climbed to $4,000 on the next day, March 15 gaining 1.2 percent of the value and successfully escaped the $3,800 to…

Bitcoin (BTC) Price And Time: Trend Overwhelmingly Bullish

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Bitcoin price is gaining bullish momentum above the $4,000 resistance area against the US Dollar. The price is trading near monthly highs and it could accelerate above $4,050 and $4,080. There is a key connecting bullish trend line formed with support at $3,985 on the hourly chart of the BTC/USD pair (data feed from Kraken). The current price action indicates a positive uptrend, with chances of gains above $4,100 in the near term. Bitcoin price is trading with a positive bias above $4,000 against the US Dollar. Dips in BTC…

Bitcoin (BTC) Going Mainstream, Accepted By a $4.7 Billion Company

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Bitcoin Price steady, may rally Avnet now accepts Bitcoin via BitPay Participation low but demand picking up By collaborating with BitPay, Avnet now joins the likes of Microsoft and Dell as corporations accepting Bitcoin as payment. Regardless, Bitcoin (BTC) prices are steady and could close above $4,000. Bitcoin Price Analysis Fundamentals Based in Phoenix, Arizona and drawing $17.4 billion in revenue, Avnet—one of the largest electronic component distributors in the US and one of the most capitalized Fortune 500 Company has partnered with BitPay, a Bitcoin and Bitcoin Cash payment…

Bitcoin Price Could Crash by 50% in 2019: Veteran Crypto Traders

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Throughout the past week, the bitcoin price has increased from $3,901 to $4,048, by nearly 4 percent against the U.S. dollar. The relatively strong short-term performance of bitcoin led alternative cryptocurrencies to engage in large upside price movements, allowing the valuation of the crypto market to rise by about $7 billion. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up. The crypto market cap has added around $7 billion in…

Bitcoin-Friendly US Bank Silvergate Now Serves Over 500 Crypto Companies

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Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.S. Also Read: American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments Silvergate Files Amended IPO Prospectus Silvergate Capital Corp., the parent of Silvergate Bank, filed an amended IPO prospectus with the U.S. Securities and Exchange Commission (SEC) on March 18 with updated data about its operation. According to…

Bitcoin Price Analysis: BTC/USD Remains Near $4,050 Price Level

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Photo: QuoteInspector Key Highlights: The bulls are still in control of the Bitcoin market; the Bulls currently have weak momentum; the coin may find its resistance at $4,254 price level. BTC/USD Medium-term Trend: Bullish Resistance levels: $4,254, $4,692, $4,960Support levels: $4,050, $3,903, $3,774 BTC/USD is on the bullish trend on the Medium-term outlook. The crypto sustains its bullish trend on the 4-hour chart; as long as the Bitcoin price is above the 21 periods EMA and the 50 period EMA. The Bulls are trying to make significant progress towards the…

Binance Enables Cash for Bitcoin Buying at 1,300 Stores in Australia

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On Wednesday, Binance announced the launch of Binance Lite Australia, enabling users to purchase Bitcoin at over 13,000 physical storefronts in Australia. The introduction of Binance Lite Australia comes months after TravelbyBit, a company invested by Binance, allowed users to utilize cryptocurrencies at the country’s major airports. #Binance Goes Down Under, Launches Cash-to-Crypto Service in Australia 🇦🇺@binanceliteau provides a user-friendly platform that further strengthens cryptocurrency adoption in Australia. Full details below 👇https://t.co/aD1M6kK0Mp — Binance (@binance) March 20, 2019 Join CCN for $9.99 per month and get an ad-free version of…