Leading blockchain security and analytics company Chainalysis recently revealed that it tracked $2.8 billion in Bitcoin (BTC) that was allegedly transferred by criminal elements to major digital currency exchanges last year. The majority of these transactions reportedly went through Binance and Huobi, two of the world’s largest crypto exchanges. The Chainalysis team wrote in its […]
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Ugur Ibrahim Altay, the Mayor of Konya, Turkey’s seventh-most-populous city, recently confirmed that the initial steps required to launch a cryptocurrency project called “city coin” had been completed. Details regarding the city coin initiative will be announced during the Smart Cities and Municipalities Congress and Exhibition, which will take place in October 2020 in Konya. […]
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After a jaw-dropping 30 percent rally in two weeks, Bitcoin has finally begun to take some time to cool off. Over the past two days, the cryptocurrency has found itself trading within a tight $350 range, bouncing between the resistance of $8,900 and support of $8,550. While there are some analysts saying that BTC failing […]
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Bitcoin is trying to break above the $9,000 resistance level, but several technical patterns estimate that it is bound for a retracement. The following technical analysis evaluates where the flagship cryptocurrency could be heading next. Bitcoin technical analysis In the past 24 hours, Bitcoin surged nearly 5 percent after bouncing off the $8,600 support level. […]
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It has grown increasingly unclear in recent times as to whether or not the aftermath of the recent uptrend seen by Bitcoin and major altcoins like Ethereum (ETH) marks any type of fundamental shift in market structure, or if it is simply another lower-high that will be followed by further losses. In spite of this […]
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2020 has been a great year for Bitcoin (BTC) so far, with the cryptocurrency incurring massive momentum that has allowed it to rally from lows of $6,800 to highs of $8,900 before hitting any meaningful resistance. This rally has drastically altered the overall sentiment amongst cryptocurrency investors and has led many investors to anticipate that […]
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