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Bitcoin (BTC) Bulls Won’t Go Without A Fight

Bitcoin (BTC) has finally declined below the descending triangle. The bears have triumphed over the bulls and we saw BTC/USD crash almost 10% within 24 hours. This is a very bearish development and the fact that the descending triangle has been broken to the downside means that further downside might be in the offing long term. However, short term the price has found a strong support around $9323. This is a level that has been repeatedly tested as support and resistance and we might see the price respect this level for a while. There are a lot of reasons why...

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Bakkt Offering Secure Storage Next Week Ahead of Futures Launch

It was announced in a tweet on Wednesday morning that the long-awaited crypto startup platform, Bakkt would be managing custody of its customer's Bitcoin on September 6th, next Friday.  In Preparation According to the tweet, this custody solution is being released to enthusiasts two weeks out from the activation of Bakkt’s Bitcoin Daily and monthly futures contracts on the 23rd September.  Bakkt said this on the 28th of August: “On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23...

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Buy Bitcoin With Credit Card Easily In Lumi Wallet

Lumi wallet has expanded its functionality: now Lumi users can buy Bitcoin and Ethereum for USD and EUR. One of the most secure and anonymous wallets on the market has partnered with Simplex, to provide seamless risk-free transactions from a credit card to crypto wallet. How to purchase Bitcoin safe and easy? Now buying Bitcoin is as safe and easy as any payment with a credit card on the internet. Simply download Lumi Wallet and follow the three steps described below: First, you have to select the cryptocurrency which you want to purchase: as of now Simplex has BTC and...

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Bitcoin Naysayer Smug Over Bitcoin Drop

He’s spoken on bitcoin many times before in the past (most of it not being good) and he’s done it once again. Peter Schiff, has said that bitcoin has shown its true colours of not being a safe haven asset.  The biggest cryptocurrency in the world fell by $500 last night in just minutes, in daily trading, which for peter Schiff, s just fuel in the fire. In a tweet sent earlier this week, Schiff - who has become known as a bitcoin naysayer to many crypto enthusiasts - claimed BTC/USD dipping below $10k, puts a play on theories it...

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Novogratz: “Institutions Are Slowly and Steadily Moving In.”

I woke up this morning to find that the market was no longer thinking about what it wanted to do, but was instead acting upon it. Yes, the market is bleeding red and Bitcoin is below the $10k range but according to the biggest bull around, there is no reason to doubt the bull run. Speaking to Bloomberg this week, the founder of the banking giant Galaxy Digital, Mike Novogratz highlighted that regardless of this week’s sideways trading, Bitcoin was still up over 200 percent. Unlike the altcoin markets, the flagship cryptocurrency isn’t just in a different league but it’s...

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