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Category: Daily Roundup

Kraken Sells Shares to Small Investors, Russia-Venezuela Trades in Petro? & more

Kraken Started Small-Investor Funding Round Kraken has started a funding round that allows small investors to buy shares of the company. The minimum investment amount lies at $1000. Kraken’s partner in the share offering is Bnk to the Future. The exchange already started a funding round for bigger investors in Q4 2018. The minimum investment […]

Bitcoin Rejects From $8k Resistance, Bitconnect 2.0? Bullshit!, Sending Bitcoin Via Whatsapp

Bitcoin Rejects From $8000 Resistance – Will Bears Take Over? In the last 24 hours, Bitcoin has recovered from the recent dip and traded above $8000 again. We warned in our last technical analysis that the euphoria about the recent price action can be deceiving. The second rejection from the $8k resistance is a warning […]

Amazon-Blockchain? Online Retail Giant Receives PoW-Patent & more

Amazon-Blockchain? Online Retail Giant Receives PoW-Patent Amazon has received a patent that sparked a lot of speculation in the crypto space. The patent is for a Proof-of-Work algorithm that works with Merkle trees. The patent reads: “A proof-of-work system where a first party (e.g., a client computer system) may request access to a computing resource. […]

Bitcoin Plunges – Market Manipulation?, NY Judge Tether Not Allowed to Accomodate Bitfinex & more

Market Manipulation, Bots or Normal Market Development? The price of Bitcoin has plunged profoundly and naturally people wonder how that came about. People on reddit speculate that whales are manipulating the market. However, as of now, there is no evidence for that. Strong sell walls could also come from investors that bought at the all-time […]

Binance Coin Reached ATH & more

Binance Coin Reached ATH The Binance Coin (BNB) rose significantly in its price in the last 48 hours. In fact, the price soared so high that BNB reached a new ATH at $27.84. Thus, BNB is the first coin in the top 25 of coinmarketcap to reach a new ATH after 2017. However, the price […]

Bakkt Will Start Bitcoin Futures Trading In July, Paxos Stablecoin Instantly Redeemable & more

Bakkt Will Start Bitcoin Futures Trading In July The CEO of Bakkt, Kelly Loeffler, announced that institutional investors will be able to trade Bitcoin futures on its platform. In order to do so, Bakkt is cooperating closely with ICE, the parent company of Bakkt. In cooperation with the Commodity Futures Trading Commission, Bakkt recently concentrated […]

Over 30,000 New Shops in the US Accept Crypto, Bitcoin Moves Over $8000 & more

Flexa Network Over 30,000 Shops Accept Cryptocurrency Payments Crypto has gained a huge boost in adoption as the Flexa Network in the US starts to accept Bitcoin. The network includes popular brands like Whole Foods, Nordstrom, Lowe’s and many more. Customers can pay now with Bitcoin, Ethereum, Bitcoin Cash and Gemini Dollar at stores of […]

Bitcoin Price Entered Parabolic Price Action – What’s Next?

Bitcoin has closed twice above the 55 Moving Average (MA) (fig. 1) on the daily chart yesterday and has stayed above that line ever since. This is a bullish signal and justifies the current euphoria in the market. Also other significant lines like the MA 21 and MA 100 and the 200 MA as we […]

HTC Presented New Blockchain Smartphone, Will Ebay Enable Crypto Payments? & more

HTC Presented New Blockchain Smartphone HTC has announced the release of a new blockchain smartphone. Phil Chen, decentralized chief officer (DCO) of HTC, has presented it last Saturday on the Magical Crypto Conference in New York. A new feature of the successor of the EXODUS 1 is that it will be able to run a […]

Roundup – 12/05/2019 – Bitcoin Breaks $7000 – Strong Bullish Signal & more

Bitcoin Breaks $7000 – Strong Bullish Signal Bitcoin has reached the price above the psychological line of $7000. This is a strong bullish sign for Bitcoin and a good indicator that the rally could continue. Of course, altcoins have followed Bitcoin’s price and performed with partly even stronger gains. If Bitcoin holds this price level […]
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