Recently, bitcoin price climbed above the USD 9,450 and USD 9,500 resistance levels. However, BTC/USD failed to continue above USD 9,550 and topped near the USD 9,600 area. It is currently (09:00 UTC) correcting lower and it seems like the bears are eyeing a test of the USD 9,250 support. On the other hand, there…
Read more
After the price of bitcoin (BTC) crossed the technically important 200-day moving average line earlier this week, some analysts have come out with bullish calls for the number one digital asset. Tom Lee of Fundstrat Global Advisors wrote in a private note to clients that the break of the 200-day moving average line means that…
Read more
A Spanish tax agency says it intends to intensify its scrutiny of cryptocurrencies in 2020. In an official communiqué released by the Agencia Estatal de Administración Tributaria (AEAT), the nation’s top tax authority, called monitoring cryptocurrencies “one of this year’s most demanding challenges.” The agency underlined its intention to police the use of Read more…
Read more
After a short term downside correction, bitcoin price found support near USD 9,200. BTC/USD was well bid above the USD 9,200 level and it is currently (09:00 UTC) rising steadily. A clear break above USD 9,450 and USD 9,500 is likely to set the stage for a larger upward move in the coming sessions. Similarly,…
Read more
Crypto market researcher Glassnode claims it has found “a clear indication of a healthy and consistent adoption of Bitcoin over the past 10 years.” According to them, the daily net growth of on-chain entities holding bitcoin (BTC) is consistently positive: “In Bitcoin’s history there have been only 21 days so far in which the net…
Read more
Bitcoin (BTC) usage is rising on darknet markets, where it is often used to buy narcotics and finance other illegal activities – although the darknet still accounts for less than 1% of all BTC transactions. Per data from blockchain analytics provider Chainalysis, over USD 600 million worth of bitcoin moved on darknet markets in Q4…
Read more
Source: iStock/da-kuk When it comes to the estimated possibility of a 51% attack, while there’s great news for some networks, several networks have a reason to be worried. After recent attacks on Bitcoin Gold (BTG), we decided to re-visit both the vital discussion of 51% attack vulnerabilities*, and specific coins we have discussed previously in…
Read more
If you’ve got high-level IT skills and fancy making a cool USD 250 thousand, one company wants to hear from you. All you need to do is break into their crypto wallet – and make away with thousands of dollars’ worth of Bitcoin. But the firm says the task won’t be an easy one, as…
Read more
Source: iStock/Ja’Crispy The business and property division of the British High Court has instructed crypto exchange Bitfinex to freeze a bitcoin (BTC) account containing funds worth USD 860,000 after hearing that its owner may have links to a ransomware scam. Per documentation released by the court, an unnamed “Canadian insurance company,” itself the client of…
Read more
Bitcoin (BTC) is once again trading around USD 9,000, while the risk-off sentiment has hit stock markets across the globe hard in recent days. At pixel time (10:35 UTC), BTC trades at c. USD 9,010 and is up by 4% in the past 24 hours and the past week. Earlier today, the price reached USD…
Read more
