Tag: bitcoin

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Bitcoin Flashes Wyckoff ‘Sign of Strength’ Hinting at New Bull Market

An overnight push to nearly $8K means Bitcoin is adhering to the bullish comeback features pioneered in the Wyckoff Method, suggests a prominent analyst. Bitcoin (BTC) may have just signaled its return to a bull market, according to fresh analysis using a century-old price prediction method. In a tweet on Jan. 7, ex-Goldman Sachs analyst…
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Major South Korean Crypto Exchange Bithumb Launches R&D Center

South Korean cryptocurrency exchange Bithumb establishes its own research and development center. South Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center. According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for…
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Bitcoin Price Rockets to $8,450 as Iran Attacks US Bases in Iraq

Bitcoin price galloped past the $8.3K resistance and above the long term descending channel in a move many say is fueled by escalating tensions between the U.S. and Iran. On Tuesday Bitcoin price (BTC) continued the rally of the previous day by retaking $8,000 then pushing above the 200-day moving average for the first time…
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Bitcoin and Altcoins Remain in Positive Area Despite Correction

Bitcoin price remained in a strong uptrend and it was able to climb above the USD 8,000 and USD 8,200 resistance levels. As a result, there was a solid rise towards USD 8,500 resistance before the price started a downside correction. On the downside, there are many supports near USD 8,200 and USD 8,120. On…
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Crypto Custody, Explained

Crypto custody is the latest buzzword in the industry — but does it have the potential to interest institutional investors in digital assets? Where next for crypto custody? Financial institutions, regulators and investors are continuing to grapple with the issue of crypto custody. Hearing stories from those who are plugged into these discussions can offer…
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The ‘January Effect’ Pushes Bitcoin Above USD 8K, While Alts Drop Against BTC

Source: iStock/da-kuk After another strong rally on Tuesday, the most popular cryptocurrency, bitcoin (BTC) is back above USD 8,000 again, increasing its gains this year to more than 15%. Meanwhile, all major altcoins are in red against BTC today. At pixel time (08:49 UTC), BTC trades at c. USD 8,320 and is up 5.4%. While…
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Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht

Major cryptocurrency exchange Binance has added support for Australian dollars and Thai baht. Major cryptocurrency exchange Binance added support for Australian dollars (AUD) and Thai baht. Binance announced support for the national currencies in separate releases on Jan. 7. Thai digital asset exchange Satang Corporation will process Thai baht transfers, while Australian dollar transfers will…
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Messenger Giant Line’s Crypto Exchange to Delist XRP This Month

BitBox, the Singapore-based cryptocurrency exchange of internet messaging giant Line, announced that it will delist XRP on Jan. 16. BitBox, the Singapore-based cryptocurrency exchange operated by internet messaging giant Line, announced that it will delist XRP on Jan. 16. Cointelegraph Japan reported BitBox’s decision earlier today. The announcement published on the exchange’s website on Jan.…
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What Happens If the US Loses the Blockchain War?

If the U.S. keeps ignoring the blockchain tech space in terms of cooperation between public and private sectors, China might win this war. While Mark Zuckerberg was fighting with the United States Congress over Facebook’s Libra, China took another step forward in the global technology race. President Xi Jinping called on his country to “seize…
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$17M Funding Round in Startup to Bring Blockchain Tech Into ETFs

Blockchain startup Securrency receives over $17 million in funding as asset manager WisdomTree leads the charge to bring blockchain to ETFs. As a Bitcoin exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem earmarked to bring blockchain tech to ETFs. WisdomTree announced investment in a startup called Securrency…
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