Today's Hot Topics

Advertisement

Food For Thought: Could Trump Issue Bitcoin Ban In The Future?

After Trump finally gave his strong opinions on Bitcoin and other cryptocurrencies at the end of last week, some experts have stepped in to voice their opinion on what this will actually mean for cryptocurrency. A general thought asks if the President could impose for Bitcoin and crypto assets to be all banned? “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity”, said Trump in the tweet, Some analysts and...

Read More

Winklevoss Twins Kick Off New Contest As Bitcoin Starts Making Noise Once More

With Bitcoin garnering some serious media coverage in the United States after the President took to Twitter last week to give his harsh opinions on cryptocurrencies (he isn’t a fan), the co-founders of Gemini and the original Bitcoin billionaires, Tyler and Cameron Winklevoss are jumping on this newfound hype to try and encourage people to get on board with the crypto space by rewarding them with one Bitcoin if they can complete a simple challenge. So all you have to do to take part in this challenge is take a picture with the Bitcoin billionaires novel by Ben Mezrich which is...

Read More

Why Bitcoin (BTC) Bulls Have Nothing To Worry About Just Yet

Bitcoin (BTC) has declined below to a four digit price as we expected. We predicted this in our last analysis on BTC/USD. The price was trading around $10,830 when that happened. Soon after we posted the analysis, the price declined to a four digit price i.e. below $10,000. Similarly, we also said in our last analysis that “Ethereum (ETH)’s decline below $200 is inevitable”. The price declined exactly as we expected and touched the 61.8% mark. The market has now completed an important correction and we might see a temporary relief rally to the upside. If we take a look...

Read More

Sally Ho's Technical Analysis 17 July 2019

Bitcoin Bitcoin (BTC/USD) fell sharply early in the Asian session as the pair traded as low as the 9350.00 area after consistent selling started in earnest during yesterday’s Asian session when the pair was trading around the 11,080.01 area. This was just below the 38.2% retracement of the move from 6,600 to 13,868.44, and the pair’s weakest showing since around 20 June. The pair quickly moved below the 200-bar MA (4-hourly) as additional bearish sentiment intensified.  A relatively small amount of buying activity materialised during yesterday’s European session around the 10,512.56 area, right around the 38.2% retracement of the 5,072.01...

Read More

Ron Paul Bullish on Bitcoin - “I Think It’s a Great Idea”

The author, physician and former United States Congressman, Ron Paul has said that he is in favour of cryptocurrencies and blockchain technology because he likes the competition between currencies.  Bullish on Bitcoin Paul took part in an interview for the Squawk Alley segment on CNBC yesterday 15th July where he said that he is a big fan of crypto! The former congressmen added that governments should only step in to regulate the space to help prevent fraud and illicit activity. “I’m for the least amount of regulation. I don’t know what’s gonna happen to cryptocurrencies. I think it’s a great...

Read More