Ravens safety Earl Thomas has predicted that Baltimore is going to be in the Super Bowl this year. With a 9-2 record and a win over the Patriots, it looks like the Ravens may be the team to beat—at least in the AFC. But bragging about making it to the Super Bowl or predicting a
Fundstrat Manger, Tom Lee, SPEAKS TRUTH about the FUTURE of Bitcoin. Plus, Germany Gives Us a Bitcoin Update. Like. Comment. Subscribe. Follow us on Twitter: Tweets by AltcoinDailyio Tom Lee: https://www.cnbc.com/video/2019/11/27/tom-lee-the-rally-in-small-caps-is-a-good-sign-of-continued-growth-in-the-markets-next-year.html German Banks Allowed to Sell and Custody Crypto Assets https://www.coindesk.com/german-banks-allowed-to-sell-and-custody-crypto-assets-from-2020-report Yahoo Finance Brings Bitcoin, Ethereum, XRP and Extensive Crypto Data to 70 Million Users
Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt. Crypto market daily performance. Source: Coin360 As the short term trend is still upwards, should traders be cautious about the recent price action? Let’s take a
In January 2020, the regulatory landscape for crypto businesses will completely change in the European Union in comparison with the last decade — and these changes will touch all those who store clients’ crypto funds or provide fiat-to-crypto exchange services, at minimum. Not long ago, the Anti-Money Laundering regulations were extended to cover cryptocurrency custodian
Since bitcoin hit its all-time high (ATH) in December 2017, crypto enthusiasts have wondered if BTC will touch or surpass it again. After the ATH in November 2013 at $1,156 per BTC, it took 1,170 days to touch the next ATH at $19,891 per coin. To many observers, the downtime has been very long after
On Friday, the Chicago Mercantile Exchange’s cash-settled Bitcoin futures contract for the month of November was reported to have expired by a number of analysts. While these financial derivatives are cash-settled, analysis by a top cryptocurrency trader suggests that the expiry of the monthly futures means that BTC has a positive price trajectory into the
The action began at 3am UTC, with a sell order roughly 6 percent below the market price and hundreds of times larger than the norm on the exchange at that time. As that order fulfilled available bids, the ask price moved lower, dragging the market price down until it reached $6,276, at which point the
Kid Rock grabbed the mic for an impromptu monologue at his Nashville bar. He made lewd remarks about multiple female talk show hosts, including Oprah Winfrey, and insisted he’s not racist. Republicans’ openness to his publicity-stunt Senate run continues to be an embarrassment. After proudly and loudly flirting with a run for Senate in his
The bitcoin price rally in the summer of 2019 may have been the work of PlusToken investors. The scam, highly influential in China, but largely invisible to Western traders and social media, benefited greatly from the hype and growing BTC prices. Plus Token Raised Demand for Bitcoin in Early 2019 Dovey Wan, the co-founder of
Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial regulator and Ministry of Finance in support of a ban. Legal measures not yet officially confirmed At
On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain technology.” After the Manhattan U.S. Attorney revealed the news, the cryptocurrency community erupted in outrage.
Bitcoin continues to crank higher as we end the weekend rounding out a week of gains. The move has led analysts to question whether the dump to $6,500 was the bottom and a trend reversal has finally begun. Bitcoin Edges Towards Resistance There is still a long way to go before any measurable trend reversal
Netflix’s new series based on The Witcher has been divisive ahead of its release. Recently, an advanced screener premiered to a limited audience of journalists. Their reactions have given people a reason to be optimistic about the series. Netflix’s upcoming adaptation of The Witcher is one of the most hotly anticipated shows of the year.
The futures market provides good insight into the sentiment of larger players. If the futures volume continues to rise in a falling market, this indicates that a decline is likely to extend further. However, if the volume increases with a rise in price, this shows that the market participants are accumulating positions. On Nov. 27,
IBM’s solution is to outfit packages with an IoT sensor that only triggers if it detects a change in altitude “exceeding the threshold … expected when the object is lifted away by a drone.” Once it does, the sensor periodically updates the blockchain, and the intended recipient, with the package’s altitude.
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At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance. Exchange operator Bitsoda informed the public on Nov. 23 of its decision to terminate services; Akdex followed suit, announcing its decision to shut down on Nov. 24. Also on Nov.
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party custodial services. Also read: Germany Barely Avoids Recession, Economy Remains
It’s almost been two full years since the crypto hype bubble, and the leading crypto asset by market cap, Bitcoin is trading at roughly 35% of the price it reached during that peak, while the rest of the asset class is in many instances still down 99% from their all-time high. However, one crypto trader