Why Bitcoin’s Leap Year Prices Hint at Long Term Growth?
Crypto Twitter Analyst Danny Scott has drawn attention to Bitcoin’s historic price moves before its previous two halvings (on every leap year since inception). Why does this assertion suggest long term value growth for BTC? Analyst Points To A Clear Pattern The founder of U.K. exchange CoinCorner an...
Published at: 2020-03-01 20:30:05
Past Fed rate cuts suggest Bitcoin is not a safe haven asset
Bitcoin’s performance during the past three interest rate cuts suggests that it is not a safe haven asset, The Block’s research shows. In 2019, the Federal Reserve Board (Fed) cut the interest rate three times, which currently sits at 175 bps. During the three cuts, bitcoin’s price...
Published at: 2020-03-01 20:16:27
Cryptocurrency users failing to file AML forms may face trouble this tax season
With cryptocurrencies like Bitcoin gaining in adoption and mainstream recognition, the IRS has added measures to ensure that crypto traders pay their fair share of taxes this tax season. With over a mThe post Cryptocurrency users failing to file AML forms may face trouble this tax season appeared fi...
Published at: 2020-03-01 20:00:37
Bitcoin Spikes to $8,600; Is the Asset Recovering?
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700. Bitcoin – On a Path to Recovery? Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more...The post...
Published at: 2020-03-01 20:00:05
Bitcoin Losing This Key Level Could Spark a Massive Panic-Induced Selloff
Bitcoin’s intense downtrend seen over the past several days and weeks has left it in a precarious position, with BTC’s bulls struggling to hold the crypto above a key support level that could spark intense losses. One top trader is now noting that a dip below this key level could spark a notable sel...
Published at: 2020-03-01 20:00:02
Recent Gold Price Plunge Boosts Bitcoin’s Safe-Haven Stance
Bitcoin has been in a daily downtrend for the last two weeks and most news headlines have been talking about how Bitcoin is definitely not a safe-haven because it hasn’t been able to recover while Gold was seeing higher highs every day. Now, Gold has been hit hard as well as the Coronavirus fears in...
Published at: 2020-03-01 19:28:14
Stupid[est] ways people have lost their Bitcoins
"The only thing people hate more than losing money is the person who lost it for them." "Not your keys, not your coins" is a mantra many in the crypto-sphere follow; two rules that anyone should liThe post Stupid[est] ways people have lost their Bitcoins appeared first on AMBCrypto.
Published at: 2020-03-01 19:00:34
Square Records Heavy BTC Business in 2019
Jack Dorsey’s Square recorded more than $150 million in bitcoin revenue during the final three months of 2019. Dorsey and his company have long been hardcore bitcoin and crypto advocates, with Square ultimately forming its own digital asset division known as Square Crypto. Dorsey and Square Bring in...
Published at: 2020-03-01 18:00:50
10 Years of Bitcoin and Crypto: 3.1 Billion Transactions
The overall transactions on Bitcoin and cryptocurrency networks reached 3.1 billion from the launch of BTC in 2009 to boom times of the past couple of years. In 2019, Bitcoin and Leading Crypto Networks Boosted their Transaction Count All cryptocurrencies marked exponential growth in adoption, reach...
Published at: 2020-03-01 18:00:23
XRP's golden cross to be undone by 5% to 10% drop?
For a while now, altcoins have been dropping in prices with no support in sight. The scheduled alt season ended as soon as it began. The altcoins that surged by 40, 50, 60, 100% have all started to deThe post XRP's golden cross to be undone by 5% to 10% drop? appeared first on AMBCrypto.
Published at: 2020-03-01 18:00:07