Tag: bitcoin trader

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‘Different Type of Shakeout’ — Trader Says Bitcoin Unlikely to Hit $6K

Speaking to Cointelegraph, Charlie Burton and Eric Krown said the prospect of a return to recent lows for Bitcoin was now a remote possibility. Bitcoin (BTC) hitting $6,000 again is not only unlikely but would be “concerning,” a well-known commentator has told Cointelegraph.  Speaking in a market discussion with Cointelegraph, EzeeTrader partner Charlie Burton said…
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Following Kobe Bryant’s Tragic Death, Cryptoverse Remembers His Visit

Kobe Bryant. Source: a screenshot, Instagram/granity The world is today mourning the death of Kobe Bryant, the American basketball legend and retired NBA star. What many might not know is that he also paid a visit to the Cryptoverse. Bryant, a.k.a. Black Mamba, died in a tragic accident on Sunday in a helicopter crash in…
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Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K

Bitcoin price has broken its 7-month downtrend and it’s starting to look like the entire cryptocurrency market is entering a new bull market phase. The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today. Alongside with that, the total market capitalization of crypto…
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Bitcoin and Altcoins Target Fresh Monthly Highs

This past week, there was a substantial downside correction in bitcoin price below the USD 8,650 and USD 8,550 support levels. BTC/USD found support near the USD 8,250 level and recently started a fresh increase above the USD 8,550 pivot level. However, the price is facing hurdles near USD 8,650 and USD 8,800. Similarly, there…
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What Impact Would a Ripple IPO Have on XRP Price?

Plans for going public have excited audiences but fears are already emerging about the possible detrimental effect on XRP in the long term. Blockchain payment network Ripple launching an initial public offering (IPO) could, in fact, devalue the cryptocurrency in which it holds a majority stake.  According to several market participants interviewed by Cointelegraph over…
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Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again

Historically accurate at telling traders when price action is about to flip bullish, the Guppy is now repeating its April 2019 behavior. Bitcoin (BTC) plans to move higher and further squeeze bears in the short term, several price indicators suggest. As the week begins, a group of measurements — some surprisingly accurate historically — are…
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Ex-BitTorrent Staff Allege Violence at Tron from Boss Justin Sun

Justin Sun. Source: a video screenshot, Youtube, Tron Foundation Two former BitTorrent employees are suing Tron (TRX) for USD 15 million alleging they witnessed workplace violence, were harassed into product launches, and experienced wrongful dismissal. The allegations were made in a lawsuit filed against Tron, its founder Justin Sun and Cong Li, the lead engineer…
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Ex-Employees Sue Tron’s Justin Sun for $15 Mln Over Alleged Harassment

Two former employees at BitTorrent have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Two former employees at BitTorrent, the peer-to-peer torrent client acquired by Tron in 2018, have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Unsealed court documents filed in California on Oct.…
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The Decade of the Consumer–Citizen Governance Dilemma

How can currency, and its value for its holders, sustainably play out over the next decade? We see three forks in the road ahead of us. The health of a democratic nation’s currency is shaped by two forces: monetary policy, set by its Central Bank; and fiscal policy, set by the state’s ruling government. The…
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Digital Courts Trial Decentralized Justice, Real World Weighs Verdict

Can blockchain-based Aragon Court deliver legally-binding rulings? Imagine a future where conflicts and legal disputes are no longer settled between the four walls of a courtroom but by anonymous jurors of a blockchain network. The concept seems far-fetched, but it is already a reality as a result of some forward-thinking projects that are using the…
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