Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Go to Source Powered by WPeMatico
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Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip
BTC price action reminds traders of the initial dip in May as rejections characterize attempts to break higher. Go to Source Powered by WPeMatico
New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can … Read more
NYDIG and Q2 partner to enable Bitcoin trading for 18M US bank customers
Millions of people in America could soon be able to buy Bitcoin from their bank accounts following a partnership led by NYDIG and Q2. Go to Source Powered by WPeMatico
Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins. Australian Auction House Lloyds Auctions Accepts Crypto From Bidders Against … Read more
Hodlers see opportunity in Bitcoin price crash, CoinShares exec says
Meltem Demirors believes that the current Bitcoin price drop is a correction, and it is weeding out the paper hands. Go to Source Powered by WPeMatico
Bitcoin heading for worst quarter since start of 2018 bear market
Bitcoin appears poised to post its second-weakest quarter since the start of 2014. Go to Source Powered by WPeMatico
Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction? Go to Source Powered by WPeMatico
As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline and Bitcoin’s overall hashrate has … Read more
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties. Go to Source Powered by WPeMatico
