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Bitcoin ATMs Continue Growth Across US with Coinme Kiosks

The Bitcoin ATM operator Coinme has expanded its Bitcoin purchasing options for residents in the United States to cover 21 states, the firm confirmed in a press release this week. Coinme first started selling Bitcoin in 2014, and will now serve around 2,200 locations across the nation through its existing partnership with coin kiosk operator Coinstar. It was in January this year that Coinstar first began selling Bitcoin for USD, so far restricting the feature to the US market. Neil Bergquist, Coinme co-founder and CEO, commented in the press release: “Bitcoin and other digital currencies offer unique benefits to consumers...

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Crypto Correction Sends Markets Bleeding red - $12 billion lost

A massive move during trading in Asia meant that Bitcoin has pulled back from the $8,000 mark and the rest of the market has followed without question. Over the past 12 or so hours, the total crypto market capitalisation has been crushed by almost 5 percent as it lost $12 billion. The altcoins and leading cryptocurrency are still bleeding at the time of writing losing all the progress they have made over the past few weeks. It seems the correction is fully underway. Losing Bitcoin Bitcoin has once again failed to break resistance over $8k for the third time in...

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Ron Paul: “US Dollar is Designed to be Vulnerable to Inflation”

He once ran for the US President’s chair from Congress and now, Ron Paul is staying as a critic of the Federal Reserve and Quantitative Easing (QE), which the Fed believes to be a solution to a lot of international problems. In a recent interview with Bitcoin Magazine, Paul said that Bitcoin could be a find substitutions to the US dollar which the Fed has turned into a bubble. The fall of USD Ron Paul and the Libertarian party seem to believe that he was partly provided with the foundation for emerging of decentralised digital coins like Bitcoin. Libertarians stand...

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Winklevoss: “The future of money is being built before your eyes”

There are a lot of big institutional players coming into the industry. With giant firms starting to look to crypto for the future of their business, some big names in the space like Tom Lee and the Winklevoss Twins have started to say that Bitcoin is “digital gold”, a subject that they have all pushed in the past. But now, they agree that it is the right time to actually get involved instead of sitting on the sidelines. Experts in Bitcoin and the founders of Gemini, Tyler and Cameron Winklevoss were praised for their achievements in rowing as they competed...

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Sally Ho's Technical Analysis 23 May 2019

Bitcoin Bitcoin (BTC/USD) depreciated sharply early in today’s Asian session, trading as low as the 7506.12 level following selling pressure that commenced during yesterday’s European session and continued through yesterday’s North American session. Today’s intraday low is just above the 50% retracement of the move from 8388.00 to 6600.00. Stops were elected below the 50-bar MA (4-hourly) at 7793.43 during the move lower, with additional Stops reached below the 7605.43 area during the descent, representing the 23.6% retracement of the 5072.01 – 8388.00 range. Given the pullback, traders are evaluating areas of possible technical Support on the downside. Below the...

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