Square Crypto, the payment company’s bitcoin-focused wing, is building a “Lightning Development Kit” for wallet and app developers to more easily build on the layer-2 solution. Announced Tuesday, the new kit includes an API, language tools, demo apps and other features to help developers integrate support for Lightning payments into Read more…
View Bitcoin’s case for a rally to $10,000 over the next few weeks looks stronger with the weekly MACD histogram about to turn bullish for the first time since August. Bitcoin is trading in a sideways manner in the $8,460-$8,750 range for the second day. A range breakdown could be Read more…
Industry veteran Jonathan Wilkins, a co-founder of bitcoin tech startup Blockstream, is joining up-and-coming bitcoin brokerage River Financial as Chief Security Officer (CSO). River is a bitcoin-only financial institution for buying and selling the digital currency (emphatically not an exchange; it says it’s “for the long-term investor”). Currently available only Read more…
View Bitcoin’s dramatic overnight fall from $9,200 is telling a tale of buyer exhaustion. A break below Sunday’s low of $8,461 would invalidate the recent bullish trend and could yield a drop to $8,200-$8,000. Dips could be short-lived as the longer duration charts are still reporting bullish conditions. Bitcoin may Read more…
Charlie Bilello highlights the performance of Mastercard and Visa in an attempt to shoot down bitcoin. In terms of returns, bitcoin has dramatically outperformed the two financial companies. When it comes to transaction volume, Visa and Mastercard have significantly outpaced the cryptocurrency. Bitcoin has no shortage of critics. Some of Read more…
Peter Schiff cannot access his bitcoin wallet and is blaming his “losses” on the blockchain. Schiff is a boomer in every sense of the word, and his lack of blockchain understanding shows. Maybe he has a secret crush on bitcoin. Peter Schiff has “lost” all of his bitcoin. Or at Read more…
There are several theories that can explain the current bitcoin pump. The revelation that Grayscale raked in close to $200 million in Q4 investments may explain why the cryptocurrency bottomed out in December. New investments must keep flowing in or there’s a chance that BTC drops all the way down Read more…
Bitcoin may target $18,000 if past halving performance plays out. In the immediate term, bitcoin must overcome $9,000. BTC price briefly overtakes that level Friday. Analysts, traders and crypto enthusiasts all over the globe are cheering on bitcoin as it looks to overcome $9,000. But is this the start of Read more…
View Bitcoin has all but erased the day’s gains after pushing past the $9,000 resistance level this morning. A significant move back above $9,000 could trigger liquidations and a possible short squeeze across the market. Other cryptocurrencies continue to recoup losses from late 2019. Bitcoin’s bulls have failed to make Read more…
Amid increasing activity within the crypto derivatives market, software maker Trading Technologies (TT) announced Wednesday it would provide trading tools to users of leading crypto exchange, Deribit. Included in the suite are advanced order types, charting and analytics as well as access to a feature allowing users to create algorithms Read more…
The bitcoin rally is making many crypto investors euphoric. An economist ran a poll to check on the pulse of the BTC market. An ultra bullish atmosphere may be a sign that a trend reversal is incoming. Over the last couple of weeks, bitcoin has been slaying bears and disbelievers. Read more…
The bitcoin market is telling a tale of bullish exhaustion with indecisive price action following a rise to the highest point since November. The top cryptocurrency witnessed two-way business on Wednesday. Prices rose from lows near $8,550 seen during the Asian trading hours to a two-month high of $8,903, only Read more…
BSV “flash dump” may occur soon. Is it time to short BSV? Crypto volatility is back, baby! While 2020 is scheduled to be the year bitcoin blows-up, it seems a few traders didn’t get the memo—opting instead to pump derivative rival, Bitcoin SV. The bitcoin cash spin-off has posted a Read more…
Bitcoin SV creator says Kleiman estate will find nothing in the 16,000-plus document cache he submitted to courts on Jan. 14. Court filing confirms that no new information came to light regarding a bonded courier, or the private keys to Satoshi’s fortune. Wright said 2020 would be the year when Read more…
Crypto startup Kadena’s public blockchain launched Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts. The Brooklyn-based offshoot of JPMorgan’s blockchain center announced the launch marks another step in its effort to develop scalable, secure proof-of-work alternatives to the current leading cryptocurrencies ethereum and Read more…
Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was witnessed for the first time this week as Bitcoin Cash Read more…
Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to note that bitcoin and other large cap coins may succumb to profit-taking soon. Read more…
View Bitcoin violated crucial resistance near $8,460 on Tuesday, strengthening the case for a rise to the 200-day average at $9,100. The pullback seen in the last 12 hours or so lacks volume support and could be short-lived. Acceptance under Tuesday’s low of $8,100 would abort the short-term bullish bias. Read more…
This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk Read more…
Bitcoin hits $8,745.24 on Bitstamp, the highest since early November. Altcoins show strong upside, with Bitcoin SV, bitcoin cash, Litecoin and EOS registering double-digit percentage gains. As a collective, crypto markets are trading at two-month highs. Bitcoin’s technical breakout intensified on Tuesday, serving as a primary catalyst for altcoins to Read more…
Many crypto analysts believe that bitcoin has already bottomed out. Bitcoin’s bullish price action is giving some traders the ammunition to predict a run-up to $14,000. Other analysts warn that investors should taper their expectations. Bitcoin is starting the year with a bang. The top cryptocurrency is up by over Read more…
Options on bitcoin futures from Chicago Mercantile Exchange (CME) got off to a good start on Monday, seeing trading volume reach 55 contracts in the opening session. That amounts to a notional volume of about $2.3 million or 275 bitcoin, with each contract worth 5 BTC. Also, only call options Read more…
View Bitcoin’s short-term technical charts indicate scope for a test of the 200-day average at $9,100. A breakout on a longer duration chart has opened the doors for a rise to $10,000 and above. An impending long-term bearish crossover on the three-day chart is a lagging indicator and is of Read more…
The price of bitcoin (BTC) has risen once again after a successful launch of CME’s bitcoin options surpassed rival Bakkt on its BTC futures contracts in the first day of trade volume. On Jan. 14 at around 00:30 UTC, the price of the world’s largest cryptocurrency by market value rose Read more…
A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret that most alternative coins or altcoins are dependent on Read more…
A position trader is making noise on social media after tweeting an ultra bullish prediction on bitcoin. The cryptocurrency’s performance in the last two halvings may have prompted the analyst to make a bold call. Other big names in the industry share a more conservative price target. Bitcoin’s recent bullish Read more…
This impressive Casascius collection boasts roughly 87 bitcoin. At today’s price of around $8,100 that translates into an investment of just over $700,000. Novel as they are, collectibles still pose a major security risk. A bitcoin collectibles collection worth a little over $700,000 has surfaced on Reddit. Known as Casascius, Read more…
View Bitcoin jumped more than 11 percent last week, confirming a falling channel breakout (bullish reversal) on the weekly chart. The breakout has opened the doors for a re-test of October highs above $10,000. For the next 24 hours, the focus is on $8,200, a level that has proved a Read more…
The crypto community is on the fence regarding the May 2020 halving. Fundstrat founder Thomas Lee believes that the halving along with two other catalysts will push bitcoin to greater heights. Other analysts are also bullish on the orange coin as they predict that a new all-time high is on Read more…
It’s a cliche at this point to compare bitcoin to the “early days of the internet,” since they are both examples of emerging technologies. But does the cliche actually hold true? If we work with a vague definition of the World Wide Web going live in 1991, then within the Read more…
