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Desktop App Launched Bitcoin Mainnet By Lightning

Lightning Labs is one of the biggest Bitcoin companies behind the upcoming scaling technology lightning which has released its first desktop app on the Bitcoin blockchain. Previously, the desktop app worked for bitcoin’s testnet, but this is the first time the app will work on the Bitcoin mainnet, meaning that users are able to use it to send and receive real money. It’s worth noting that the app is non-custodial meaning that users have control over their Bitcoin. The blog post announcing the new app was written by Lightning Labs developers Tankred Hase and Valentine Wallace who explain: “Driving this...

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Bitcoin Still (BTC) Likely To Rally Towards $5,800 By End Of The Month

Bitcoin (BTC) is still very likely to rally towards the resistance zone at $5,800-$6,000 despite the recent retracement. The price rallied too high too soon and this pullback was expected. The price seems to have reverted to mean within the ascending channel it is trading in. Now we can expect it to consolidate for a whole before rallying towards $5,800. We have long been expecting this retest as discussed in my previous analyses. If the price is to go down towards $1,800 it has to face a strong rejection at the previous market structure which is also the resistance zone...

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McAfee Puts Satoshi Nakamoto Reveal on Backburner

The one and only John McAfee is a well-known Bitcoin evangelist and when it comes to disclosing the identity of the anonymous Satoshi Nakamoto, McAfee seems to have had a change of heart. The entrepreneur claims that publicly announcing the real name of the creator of Bitcoin would risk his extradition to the United States. The US extradition request to the Bahamas  is imminent. I met with Mario Gray, my extradition lawyer, and it is now clear (read his letter below) that releasing the identity of Satoshi at this time could influence the trial and risk my extradition. I cannot...

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Analyst Indicates Nasdaq Is Subtly Testing BTC-Based Product

The second-biggest stock exchange in the world, Nasdaq is allegedly testing trading of a Bitcoin-based product. This is all according to a tweet by the popular Cryptopolis analyst posted earlier this week. The popular Twitter crypto personality tweeted that he bought one Bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ AMTD) at the start of the week. BREAKING: BTC is now being traded on the Nasdaq! I bought one BTC through my TDAmeritrade account! According to the chart it started trading April 10, 2019!! Other digital assets are soon to follow!!  🚀🚀🚀 pic.twitter.com/1VgE1Whoa4 — Cryptopolis (@cryptopolis_x) April...

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Sally Ho's Technical Analysis 24 April 2019

Bitcoin Bitcoin (BTC/USD) gave back some of yesterday’s strong gains during today’s Asian session, trading as low as the 5483.07 level, a key technical area that is right around the 38.2% retracement of the recent move from 5213.34 to 5650.01. The pair traded as high as the 5650.01 level yesterday, the pair’s strongest print since 18 November 2018. During the Asian session, BTC/USD moved back to the 5566.54 area, representing the 50% retracement of yesterday’s high through today’s intraday low. Upside targets related to this range include 5586.24/ 5610.61.  Chartists are waiting to see how the pair trades around the...

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