Bitcoin Flexes Its Muscle, Reclaims $11,000 in Abbreviated Weekend Rally

Bitcoin Flexes Its Muscle, Reclaims $11,000 in Abbreviated Weekend Rally

Seemingly out of nowhere, the bitcoin price rocketed past the psychologically important $11,000 level this weekend. No doubt traders are getting whiplash from the dramatic swings, as the range-bound BTC then pulled back to just over $10,900.The bitcoin price is off its best levels of the day. | Source: TradingViewNot too long ago, Galaxy Digital… Continue reading Bitcoin Flexes Its Muscle, Reclaims $11,000 in Abbreviated Weekend Rally

Liberal Activists Pressure 27 Libra Partners to Dump Facebook’s Crypto

Liberal Activists Pressure 27 Libra Partners to Dump Facebook’s Crypto

The knives are really coming out to kill Facebook’s over-hyped Libra crypto project. After being bashed by President Donald Trump and the U.S. Congress, four liberal activist groups penned an open letter urging all 27 Libra partners to dump the Facebook venture.Quartet: Mark Zuckerberg Cannot Be TrustedThe foursome cited fears over the social media monopoly’s… Continue reading Liberal Activists Pressure 27 Libra Partners to Dump Facebook’s Crypto

Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

  Are you struggling to make money trading bitcoin on a consistent basis? If you answered with a resounding “Yes!” you are not alone.Despite what they might claim on Twitter, virtually everyone fails at trading. One study found that 96 percent of forex traders lose money and quit in disgust, and it’s likely that active crypto traders… Continue reading Bitcoin Trader Reveals 4 Reasons Your Trading Strategy NEVER Works

Bitcoin Isn’t Scared of Trump…Or Other Democrats

Bitcoin Isn’t Scared of Trump…Or Other Democrats

Judging by the charts, Bitcoin hasn’t reacted much to Donald Trump’s negativity.Donald Trump Finally Found a Market He Can’t Move – Bitcoin https://t.co/WutLyYfEzH— CCN Markets (@CCNMarkets) July 16, 2019Crypto conservatives might react by understanding that Donald Trump is the most successful democratic operative in history, bar none.Donald Trump: The Most Clever Democrat In HistoryA parody… Continue reading Bitcoin Isn’t Scared of Trump…Or Other Democrats

Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42.Bitcoin bulls in India… Continue reading Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

Bitcoin Exchange Wex (Formerly BTC-E) Chief Arrested in Italy: BBC

Bitcoin Exchange Wex (Formerly BTC-E) Chief Arrested in Italy: BBC

BBC Russia has it that former Wex Exchange (formerly BTC-E) operator Dmitry Vasilyev has been detained in Italy.Some may recall the curious price discrepancies on Wex not so long ago, which raised red flags across the industry.The Wex/BTC-e ConnectionThe belief was that the exchange wanted to attract deposits to capture money for nothing. Once the… Continue reading Bitcoin Exchange Wex (Formerly BTC-E) Chief Arrested in Italy: BBC

Bitcoin Approaches Second Inning as Bakkt Exchange Launch Nears

Bitcoin Approaches Second Inning as Bakkt Exchange Launch Nears

Bakkt has been trumpeted as a future main driver of crypto institutional adoption and even the bull market. The bitcoin futures exchange boasts everything Wall Street firms are looking for – the promise of uncorrelated returns to the stock market plus the confidence of regulatory oversight. But in case you haven’t noticed, Bakkt hasn’t launched… Continue reading Bitcoin Approaches Second Inning as Bakkt Exchange Launch Nears

Formula One Driver Makes a Pit Stop at the Bitcoin Garage

Formula One Driver Makes a Pit Stop at the Bitcoin Garage

Formula One driver Romain Grosjean has just made a pit stop at the Bitcoin garage. A tweet by the French/Swiss driver shows a signed copy of Ben Mezrich’s popular “Bitcoin Billionaires” by none other than the stars of the book themselves, Cameron and Tyler Winklevoss:Thanks @winklevoss & @tylerwinklevossLooking forward to read it 👍 pic.twitter.com/ves99P5QSl— Romain… Continue reading Formula One Driver Makes a Pit Stop at the Bitcoin Garage

Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’

Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’

It’s a tough day to be trading crypto, it seems, with at least one Bitcoin trader comparing the $185 billion cryptocurrency’s price charts to a “penny stock.”Garbage trading right now. Scalped a few profitable trades but it’s mostly just whales pumping and dumping.Neutral for now, but death cross on 4 hour looming.Order books are thin… Continue reading Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’

Australian Couple Loses $900K to Crypto Scam Despite Regulator’s Efforts

Australian Couple Loses $900K to Crypto Scam Despite Regulator’s Efforts

An Australian couple lost AUD $900,000 after “investing” in an elaborate cryptocurrency scam. Mike Taylor, 70, and his wife Karen told local station 7News that the losses represented the couple’s lifetime savings:“That was the whole of our superannuation – that’s now gone.”They did not explain in detail how the scheme worked; however, Taylor commented that… Continue reading Australian Couple Loses $900K to Crypto Scam Despite Regulator’s Efforts

3 Battered Cryptos Are Flashing Bullish Signals – Hint: One is Ripple

3 Battered Cryptos Are Flashing Bullish Signals – Hint: One is Ripple

The crypto market’s steep selloff over the last few days has driven the total market capitalization of all cryptocurrencies from a high of $294.9 billion to lows of $249.1 billion this week. That’s a drop of over 15 percent in less than five days.As a result, many coins – including large-caps – plummeted close to… Continue reading 3 Battered Cryptos Are Flashing Bullish Signals – Hint: One is Ripple

‘Tip Trump’ Meme Targets POTUS While BAT Cryptocurrency Soars 19%

‘Tip Trump’ Meme Targets POTUS While BAT Cryptocurrency Soars 19%

Donald Trump might not be a fan of Bitcoin and other cryptocurrencies, but that hasn’t stopped him racking up some Basic Attention Token (BAT) in recent times.No, Trump didn’t decide to jump on the BAT hype train. However, being the native currency of the Brave web browser, users can tip any Twitter user they wish… Continue reading ‘Tip Trump’ Meme Targets POTUS While BAT Cryptocurrency Soars 19%

Satoshi Nakamoto left Bitcoin because of the CIA, a theory

Satoshi Nakamoto left Bitcoin because of the CIA, a theory

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the Bitcoin and cryptocurrency world. Bitcoin‘s pseudonymous creator Satoshi Nakamoto has been noticeably absent for most of its existence. There’s been many attempts to reveal their true identity, but the reason for their sudden disappearance in… Continue reading Satoshi Nakamoto left Bitcoin because of the CIA, a theory

This ‘Bitcoin Rabbi’ Wants Your Help to Troll Congress With Kid’s Books

This ‘Bitcoin Rabbi’ Wants Your Help to Troll Congress With Kid’s Books

Rabbi Michael Caras calls himself the “Bitcoin Rabbi” and writes books for children and newbies about the mechanics and importance of Bitcoin. Now, he wants to use those books to educate Congress on the merits of crypto – a goal shared by Blockchain Caucus member Representative Tom Emmer.Emmer, as CCN reported, called on Libra mastermind… Continue reading This ‘Bitcoin Rabbi’ Wants Your Help to Troll Congress With Kid’s Books

Australian retirees lose their $900,000 pension fund in cryptocurrency scam

Australian retirees lose their $900,000 pension fund in cryptocurrency scam

A retired couple in Australia have reportedly lost $900,000 to an elaborate cryptocurrency scam.  Mike and Karen Taylor were traveling around Australia in a camper van when they fell for the online scam. The cryptocurrency website they used looked legitimate, Taylor told 7News. It’s not clear how the scam operated, but presumably, the couple invested… Continue reading Australian retirees lose their $900,000 pension fund in cryptocurrency scam

$8,000 BTC a Buy with $20,000 Bitcoin Price Boom in Play, Says Analyst

$8,000 BTC a Buy with $20,000 Bitcoin Price Boom in Play, Says Analyst

The price of bitcoin has been see-sawing since hitting the $13,000-mark in late June as traders believe that the cryptocurrency could witness a significant pullback in the 30 percent to 40 percent range. But one analyst believes that it would be a good idea to buy bitcoin futures if the crypto asset witnesses such a… Continue reading $8,000 BTC a Buy with $20,000 Bitcoin Price Boom in Play, Says Analyst

US watchdog preps BitMEX probe over alleged illegal cryptocurrency trade

US watchdog preps BitMEX probe over alleged illegal cryptocurrency trade

Cryptocurrency exchange BitMEX is being investigated by the US Commodity Futures Trading Commission (CFTC).  According to Bloomberg, which cites people familiar with the matter, the CFTC is looking into whether BitMEX broke the rules by allowing American customers to trade on the platform, which is not registered with the agency. The probe is ongoing and… Continue reading US watchdog preps BitMEX probe over alleged illegal cryptocurrency trade

Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

On July 18, the bitcoin price experienced an abrupt surge from around $9,300 to $10,500 as the crypto market rebounded, rising by well over $1,000 within minutes, as CCN reported.Following the sudden upside movement, technical analysts still generally remain cautiously bearish towards the short term trend of the dominant crypto asset due to its inability… Continue reading Bitcoin Price Jumps $1,000 in Sudden Spike Beyond $10,000; What’s Next?

Crypto Exchange BitMEX Under Investigation Over US Users: Bloomberg

Crypto Exchange BitMEX Under Investigation Over US Users: Bloomberg

The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today.Probe on US customersAccording to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to US users to trade on… Continue reading Crypto Exchange BitMEX Under Investigation Over US Users: Bloomberg