Jack Dorsey’s decision to support bitcoin trading in the Square Cash app is paying off. Payments platform Square Inc, of which Dorsey is at the helm, got a boost on Wednesday after Wall Street analysts said BTC trading would bolster the company’s quarterly results. The app lets customers trade BTC from their Cash App balance almost instantaneously, which is an attractive feature for traders. Continue reading Bitcoin Helps Square’s Stock Bounce
The competitive landscape for cryptocurrencies is heating up in the United States. Zero-commission startup exchange Robinhood just announced on Twitter its expansion into Colorado. The trading platform unveiled commision-free trading for leading cryptocurrencies bitcoin and Ethereum in the western state. In addition to cryptocurrencies, the Palo Alto, Calif.-based trading platform also supports stocks, ETFs and options. Continue reading Robinhood Launches in Colorado with Bitcoin, Ethereum
Bitcoin bearish signal was reversed into bullish signal last week on 12 April 2018. Now the upside target is 11,100.
And as per the near-term charts, 9600 can come within next 3-4 weeks, or sooner because Bitcoin tends to move rapidly once the movement starts. Current level of 8000 is intermediate resistance, and above 8000, there may be a swift move to 9600-9900. There is a strong support at 6400, so the downside looks limited as of now. The long term chart of Bitcoin (over 3-5 year timeframe) is still very bullish, and these are all small moves compared to the big move that is likely above 15K. Please see the attached chart. Thanks.
DALLAS, TX – Richard Jacobs is the best-selling author of Bitcoin, Ethereum, and Blockchain, and organizer of the Future Tech Expo, which takes place in September 2018. As a sneak preview of what is to come at this conference, he has just published a free podcast that reveals brand-new intelligence which strongly suggests that Bitcoin could be returning to $10-15k+ territory by summer.
The main blockchain event of the year, Blockchain & Bitcoin Conference Israel, was held in Tel Aviv on March 28. Famous international crypto experts discussed the future of cryptocurrency in Europe and told how to improve business processes using blockchain.