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Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst

Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst

Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays

Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays

Should BTC fall below the $31,500 level—crypto analyst Tone Vays believes we could see a deeper price plunge to the mid $20K range.

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com are services for Turkey, a rapidly emerging digital market with a strong affinity for and a high adoption rate of cryptocurrency and blockchain technology.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.

Ethereum Price Fails to Hold $400—Will ETH Suffer from a Correction Ahead?

Ethereum Price Fails to Hold $400—Will ETH Suffer from a Correction Ahead?

While Bitcoin has managed to pull ahead in the cryptocurrency market, Ethereum’s price has still been lagging behind. What's next for ETH?

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

Ethereum Price Could Fall to $1,750 Over Next Three Days

Ethereum Price Could Fall to $1,750 Over Next Three Days

After failing to hold above $1,900, our price analysis indicates ETH could continue trending downwards over the next three days.

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