Short of Target: Bitcoin’s $1K Rally Leaves Bear Bias Intact – CoinDesk

View Bitcoin’s short-term outlook will remain bearish as long as prices remain below $11,080 resistance. A break above that level would invalidate bearish lower-highs setup. The bulls may have a tough time forcing a break above $11,080 amid news of BitMEX exchange facing a regulatory probe and talks of harsher crypto regulation. Prices could drop […]

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Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies – CNBC

A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra. Chesnot | Getty Images Facebook has made headlines of late with its plans to create a cryptocurrency. The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy […]

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Bitcoin Bears ‘Poised’ After ‘Dr Doom’s’ Dire Crypto Exchange Warning – Forbes

Bitcoin and cryptocurrencies have divided the traditional financial industry and economists, with some arguing bitcoin and crypto is incompatible with the current system and others more open to the new technology. The bitcoin price, well known for its extreme volatility, has not helped matters, with bitcoin critics pointing to wild swings on crypto markets as […]

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The Case $7.5K Could Become Bitcoin’s New Price Support – CoinDesk

Amidst a decline in the price of bitcoin, the world’s most valuable cryptocurrency could find support at $7,500 – that is if it follows past patterns on the charts. Bitcoin has faced selling pressure over the last few days, despite an impending golden crossover on the three-day chart – a bullish crossover of the 50- […]

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Facebook’s Libra: Potential To Increase Demand For Bitcoin – Forbes

Facebook recently announced its planned 2020 launch of a cryptocurrency it calls Libra. This is perhaps one of the single largest events in cryptocurrency history. Why? Because Facebook has the power and presence to massively disrupt a still-growing industry. This could single-handedly usher in a new wave of users and adoption. It has the resources […]

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Was Bitcoin Created by This International Drug Dealer? Maybe! – WIRED

The messages started arriving on a Sunday afternoon in mid-May. “Just wanted to draw your attention to this,” one began. “Rumors are starting to surface,” another informed me. “I’d be very interested in getting your thoughts,” a third suggested. My correspondents, mostly strangers, were polite but insistent. They wanted my take on a theory, newly […]

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