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Ex-Microsoft Engineer Handed A Nine-Year Prison Sentence For A $10 Million Criminal Scheme Involving Bitcoin

A former software engineer at Microsoft has been sentenced to nine years in prison after he devised a complex scheme, involving bitcoin, to steal over $10 million from his former employer. Ukrainian national Volodymyr Kvashu, 26, was charged by a Seattle District court with 18 felonies including identity theft and money laundering. According to a […] дальше »

2020-11-11 20:56

These Factors All Suggest Bitcoin is Poised to Explode Past $16,000

Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] дальше »

2020-11-10 02:00

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Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin

The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […] дальше »

2020-11-9 21:00

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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken

Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »

2020-11-9 01:00

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Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […] дальше »

2020-11-9 19:31

Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »

2020-11-8 01:00

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Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge

Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000 Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level One trader is now offering a somewhat grim outlook on the cryptocurrency, noting that he is expecting it to see one more impulse higher before topping and posting massive losses He is particularly looking […] дальше »

2020-11-7 19:08

Here’s the Current Political Event That’s Driving Bitcoin Higher: Economist

Bitcoin has rapidly become a macro asset throughout the past few weeks and months, with the crypto trading largely based on global economic trends and events This has greatly benefited the cryptocurrency as of late, with a combination of stock market strength, weakness in the Dollar, and some economic uncertainty in the future all bolstering it One economist is now noting that there is one crucial economic event that will likely guide Bitcoin’s price action […] дальше »

2020-11-7 02:00

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Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings

Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […] дальше »

2020-11-7 21:00

Bitcoin Overtakes PayPal Market Cap, Sets Sights On VISA, Mastercard, And Big Banks Next

Ever since news broke that PayPal would be supporting Bitcoin and other cryptocurrencies in the future, the price per BTC and the asset’s overall market cap has ballooned. And while PayPal’s support of the emerging financial tech is what started off the recent bullish impulse, the momentum has carried the top cryptocurrency’s market cap beyond the payments giant’s valuation itself. дальше »

2020-11-7 18:00