Tag Archives: up

Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

Zhang Jian, the former Huobi CTO who launched FCoin in May 2018, wrote a lengthy post on Monday, saying the exchange is now unable to process users’ withdrawal demands as its asset reserve has fallen short of its liability – and the gap is estimated to be about 7,000 to 13,000 bitcoin (BTC). Continue reading Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

4 Reasons Why Bitcoin Was Just Warming Up in the 2010s

Now why should you take any of these reasons seriously? Before you read this list, you may want to review this article I wrote in Feb 2019. The headline was, “10 Reasons Bitcoin Will Party Like 2017 for a Massive Bull Run in 2019,” and in it I correctly predicted the 2019 bitcoin bull market. Continue reading 4 Reasons Why Bitcoin Was Just Warming Up in the 2010s

3 Major Cryptocurrencies Gearing Up for Shocking Rallies

With bitcoin creeping within inches of $9,000 on Bitfinex a few days ago, it seems that all eyes are on the king of cryptocurrencies. While the digital coin looks bullish, we believe that it has topped off for now. Thus, it will serve you better to look elsewhere, specifically at ethereum, ripple (XRP), and cardano. Continue reading 3 Major Cryptocurrencies Gearing Up for Shocking Rallies

Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

This past week, bitcoin price started a strong upward move after it broke the $5,800 resistance against the US Dollar. The BTC/USD pair surpassed many hurdles near $6,000, $6,200 and $6,400. The recent upward move was such that the price even broke the key $6,850 and $7,000 resistance levels. Finally, there was an upsurge above $7,200 and the price settled well above the 100 simple moving average (4-hours). The price traded to a new 2019 high at $7,457 and recently corrected lower. Continue reading Bitcoin (BTC) Price Springs Up: Bulls Now Target $8,000

Crypto Invades the Nasdaq as Institutions Warm Up to Bitcoin

The Nasdaq has shown a growing affinity for bitcoin. That relationship has just gone to the next level with knowledge that CNBC Africa’s Crypto Trader will begin broadcasting from the Nasdaq studio. Ran NeuNer, the host of the show, tweeted that the next season will launch from Times Square on May 9. The Nasdaq studio is in the middle of all the action and could be visible to the tons of people passing by on their way to and from work, not to mention tourists. It thrusts crypto into the heart of Manhattan at a pivotal time for the industry and is sure to turn some heads. Continue reading Crypto Invades the Nasdaq as Institutions Warm Up to Bitcoin