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All You Need To Know About Bitcoin Banks

The reason that FIAT currency still rules over cryptocurrency is because of the traditional banking model. Banks and other financial service providers have made it so easy for us, as consumers to store and spend money. We can use cash, we can use card, we can use cheque and we can even use our fingerprint these days. Many people believe that true Bitcoin adoption won’t happen until we see a similar model for cryptocurrency hit mainstream communities. It’s a bit of a paradox actually because the idea of Bitcoin is that it removes the need for banks, but the honest...

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How The Millennial Generation Could Spark A Bitcoin Surge

Cryptocurrency adoption by the millennial generation is largely seen as a negative sign by many analysts for traditional banking as more and more of this generation get a clouded vision of the current financial system. The general consensus on the matter is that millennials don’t trust banks. There was research conducted last year by the international, research and analytics firm, Edelman Intelligence, which showed that 77 percent of “prosperous millennials” see the traditional banking system is designed in favour of the rich and powerful rather than the working class. The conducted research shows that the lack of trust led to...

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Sally Ho's Technical Analysis 13 August 2019

Bitcoin Bitcoin (BTC/USD) hovered around some important technical levels early in today’s Asian session as the pair continued to trade in a narrow range, much as it has over the past several trading sessions.  Traders briefly pushed BTC/USD above the 50-bar MA (4-hourly) during yesterday’s Asian session before it receded back below the 11,262.06 area during yesterday’s European session, a level that represents the 38.2% retracement of the move from 13,868.44 to 9,651.00.  Bids emerged around the 11,222.40 area during the retracement higher, just above the 76.4% retracement of the move from 11,088.88 to 11,585.00.  The pair continues to trade...

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Bitcoin Continues To Impress

Despite crumbling stock markets and world currency prices, Bitcoin continues to impress surging way above $11,000.00 at the time of writing. As it stands, Bitcoin sure is back on track to that much needed $20,000.00 benchmark.  Across the rest of the world, namely within traditional finance, stock markets are crumbling as political tensions continue to rise within a number of major economies. What all of this proves is that Bitcoin really is able to set its own trend and move away from the traditional financial markets on its own. It is also worth pointing out that during financial turmoil, many...

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Sending Bitcoin Into Space

You might want to keep your Bitcoin firm on the ground instead of sending it out into space but in a recent crypto project created by MediumSqueeze, they have chucked a proverbial message in a digital bottle into outer space which was paid for in the leading cryptocurrency. The Bitcoin enthusiast has taken advantage of the final frontier to help people around the world jump over the government and nations states to stay connected without the use of the internet. Users will be able to pay a fee in BTC to send messages through satellites which are operated by Blockstream....

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