Tag: bitcoin

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Bitcoin Hitting $135K This Bull Cycle Is ‘Common Sense’ — Willy Woo

Speaking during an appearance on the Keiser Report, the renowned statistician delivered a fresh bullish forecast for Bitcoin price. Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed. Speaking to RT financial news show the Keiser Report on March 3,…
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Uphold’s New Debit Card Lets You Pay With Bitcoin, XRP and Gold

Digital payment platform Uphold has launched a debit card that lets users spend converted digital assets, cash and commodities. Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash.  Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold…
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Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst

Analysts from Marcus Aurelius Value published a detailed report throwing shade on some of Canaan’s business practices, alleging that its business model is invalid. A report by Marcus Aurelius Value, an analysis organization, argues that the Nasdaq-listed ASIC manufacturer Canaan (NASDAQ: CAN) misrepresented its potential revenue for 2020. At least one of its clients is…
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Bitcoin On-Chain Analytics at Odds With Sub-$8K Bitcoin Price Forecasts

Crypto investor sentiment flipped bearish as Bitcoin price dropped by $1,500 last week but do on-chain analytics show a bear trend forming? At the start of February, the cryptocurrency market was doing fairly well with many altcoins pressing above their 2-year old descending trendlines and breaking above the 200-day moving average on astonishingly high volume…
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Chainlink (LINK) Nears $5 All-Time High Unfazed by Bitcoin Price Slump

The price of cryptocurrency Chainlink (LINK) was unphased by the Coronavirus driven crypto and stock market meltdown last week as it continues to climb higher. Chainlink’s (LINK) 27.48% gain over the past four days shows that the altcoin continues to function as an outlier when compared against the recent performance of other cryptocurrencies. This strong…
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Facebook Changing Course on Libra, Offering More Inclusive Wallet

Facebook is scaling back its plan to release a new digital currency which could have potentially thrown global markets into chaos. Facebook may be considering modifying its plan for the 2020 release of the cryptocurrency Libra.  When the social media giant introduced Libra last year, it did so claiming the cryptocurrency would be a simple…
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Large-Scale Crypto Derivatives Trading May Be in India’s Future

With the future of the crypto in India now tied to a Supreme Court case, exchanges are looking to derivatives trading. India has had a complicated relationship with crypto. While the nation holds a large number of crypto enthusiasts, many exchanges are concerned over the future of the industry.  According to sources available to Cointelegraph,…
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India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms

The Supreme Court of India strikes down the central bank’s controversial ban on banks’ dealings with crypto businesses. The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms.  The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the…
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China Implements Blockchain Invoicing in Beijing for More Transparent Governance

The tax bureau of Beijing has announced its blockchain invoicing pilot application today for a more eco-friendly, convenient and transparent future governance. The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2. Beijing hopes blockchain invoicing can bring more transparency to taxpayers Beijing aims…
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Ecuador’s Dairy Producer Joins Blockchain-Based IBM Pilot Program

An IBM blockchain-based system has been implemented by an Ecuadorian dairy company to enable production processes monitoring. The Ecuadorian dairy producer El Ordeño has announced its integration with a blockchain-based system as part of a pilot program called IBM Food Trust, as announced in a press release. According to the IBM News Room, the company wants…
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