Tag: bitcoin

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Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions

Bitcoin continues to trade sideways, leaving the door open to generate generous profits by trading altcoins. Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to time perfectly, securing a 60%…
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Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down

Recently funded social media Bitcoin transfer service, Bottle Pay, is shutting down citing new AML regulation in the EU as the reason. The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations.  Funds will…
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Bitcoin Price Must Hit $7.3K to Avoid Bearish Bollinger Band ‘Squeeze’

The inventor of Bollinger Bands warns his price instrument shows Bitcoin and other cryptocurrencies are facing an imminent return to volatile conditions. Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets. Cryptocurrency market daily overview. Source: Coin360 Bollinger: Bitcoin preparing for next breakout Data from Coin360…
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Market Shrugs, Price Nightmares and 20 Crypto Jokes

Let’s see what happened this week in the Cryptoverse. Matic and some other Binance IEOs rallied, but then Matic droped a nightmarish 66%, seeing even Binance investigating it; Tezos entered the Top 10 club; Zcash prepared for Blossom, but then XRP became the only green one; BTC dev says that the new ETH solution is…
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TikTok Owner Reportedly Working With Chinese State Media on Blockchain

Owner of popular social media app TikTok has launched a joint venture with a state-owned Chinese media group to develop business lines for blockchain and AI. Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper to develop business models that…
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What Can You Expect in the Bitcoin Saving Account Market Today?

Interest-bearing crypto saving accounts have become a popular new investment vehicle for digital asset investors who want to earn interest while HODLing. In this article, we will take a quick look into the basics of the crypto saving account market. What is a crypto savings account? A crypto savings account is effectively the same as…
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43% of Investors Interested in Bitcoin Are Women: Grayscale Survey

A recent report published by Bitcoin fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women. The study involved 1,100 United States investors of ages between 25 and 64 surveyed…
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US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap

A statement confirms the Fed will ease the strain on banks over the new year period by creating more than three times Bitcoin’s market cap in new money. The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next month. In a statement released…
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Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees

Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees. Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12. SendFriend uses Ripple’s xRapid product for cross-border payments, converting between the United States dollar,…
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QuadrigaCX Victims Request Proof of Gerald Cotten’s Death By Exhuming Body

Law firm Miller Thomson wants to exhume the body of Gerald Cotten, the deceased owner of now-defunct Canadian crypto exchange QuadrigaCX. Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the deceased owner of the…
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