The Abra app has added VISA payment options for crediting the account, allowing mobile users to quickly and easily gain access to Bitcoin (BTC) and potentially a large portfolio of diverse digital assets. https://twitter.com/AbraGlobal/status/1017502622343811072 The Abra app uses the Litecoin network to store some of its digital assets in the form of a smart contract. […]
Category: bitcoin
Bitcoin: Price Analysis, July 09
BTC/USD Bitcoin is leading from the front. It has been sustaining above the 20-day EMA for the past seven days. For the past two days, it has been consolidating near the overhead resistance of $6,953.38. A breakout above $7,000 increases the probability of a rally to $7,750, where the BTC/USD pair will face strong selling pressure from the […]
Newsflash: Bitcoin Price Spikes Near $6,800 in Crypto Market Bounce
Bitcoin price shot upwards with bullish momentum on Wednesday’s trading, hitting a 13-day high of $6,784 (Bitfinex). In yet another effort to push toward $7,000 in what has largely been a bear market for much of 2018, the world’s leading cryptocurrency jumped 2.5 percent in an hour during Wednesday’s trading amid overall 10 percent gains […]
Cryptocurrency Market Continues Higher as Bitcoin Price Clears $6,600
Cryptocurrencies broke higher ground Tuesday, with more than $17 billion flowing back into the market in a sign that the corrective rally had further room to accumulate. Market Update The cryptocurrency market reached a high of $276.3 billion on Tuesday, as the corrective rally extended to bitcoin and the major altcoins. At the time of […]
Bitcoin Thieves are Monitoring 2.3 Million Addresses Using a Clipboard Malware: Report
Bleeping Computer, a technical support site, has warned cryptocurrency users to double check addresses to which they send cryptocoins before effecting transactions as a way of safeguarding against a growing type of malware that is re-directing transactions. This comes after the site said over the weekend that malware runners are monitoring more than 2 million […]
2014 vs 2018 Bitcoin Price Correction: This Year Will Likely be Significantly Shorter
Quartz revealed a chart comparing the mid-term price trend of bitcoin in 2014 and 2018, and based on the movement of bitcoin from December of 2017 to June of this year, the correction bitcoin is currently enduring could be substantially shorter than its correction in 2014. 2014 and 2018 is Very Similar From December 4, […]
‘Bitcoin’s Unknown Kings’: The Magazine Mystery That’s Got Crypto Guessing
Bitcoin may be global, but it’s still a small community This is why a recent Fast Company South Africa story attracted international commentary – and not in a good way. After all, it isn’t every day that relative unknowns get touted as “Bitcoin Kings” on a magazine cover. Still, that’s how the crypto world has […]
Bitcoin, Gold-Backed Currency Can Coexist in Free Society: Ron Paul
Ron Paul, a former member of the U.S. Congress and a Distinguished Counselor to the Mises Institute, has called for the legalization of competition to the U.S. dollar and a debate over the future of fiat currency, precious metals, and cryptocurrency. Writing for the Mises Institute website, he claims the U.S. does not have a free […]
Bitcoin Soars 10% in 12 Hours as Market Follows Example
The price of BTC has exploded in the last 12 hours en route to a coin value of $6,465 – a sharp and swift 10.8% growth on the price of $5,835 recorded earlier in the day. The price has since levelled out around the $6,420 mark, but continues to push upwards in spurts. Today’s price […]
Newsflash: Bitcoin Price Crosses $6,300 as Trading Volume Spikes
The bitcoin price briefly crossed $6,300 on Friday after a surge in trading volume led to a significant price swing. Bitcoin had languished below $6,000 for most of the day after dipping below that mark on Thursday. That changed at approximately 22:30 UTC, when a sudden spike in trading volume hurled the bitcoin price above the $6,000, […]