David

Bitcoin Price Looking Heavy As News Turns Negative

Bitcoin Price Looking Heavy As News Turns Negative Bitcoin's possible upside appears capped by a recent run of negative news.   Following a hack against the exchange Coincheck last week, CoinDesk's Bitcoin Price Index (BPI) turned lower from $11,942 (Sunday high), ultimately hitting a low of $11,110 at 09:59 UTC Monday. Still, what may be more notable is not the recent price (which continues its sideways 2018 trajectory), but the changing narrative for potential buyers.   Though the Coincheck news…

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Masked thugs stick up investor at GUN POINT in FIRST UK cryptocurrency robbery

Masked thugs stick up investor at GUN POINT in FIRST UK cryptocurrency robbery   BITCOIN'S price is down again this morning after a report this weekend of a gunpoint robbery where a city financier was targeted at his home and forced to transfer money to armed robbers. Bitcoin's price is down $480 to $11,217 at the time of press as the crypto community responds to the deluge of regulatory threats coming from Davos last week, and a gunpoint robbery in…

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Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency

Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency A NEW cryptocurrency backed by gold is set to be made by Australia’s largest gold refinery after the Chief Executive announced plans to increase investment in the country’s metals. Perth Mint have said they are hoping to capitalise on the rise the trading of digital currencies as a way to help increase interest in investing in Australia. A number of cryptocurrencies have risen in popularity over the past 12…

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How Chinese Bitcoin Buyers Are Getting Around Government Ban

How Chinese Bitcoin Buyers Are Getting Around Government Ban Chinese citizens are still investing in Bitcoin and the cryptocurrency market despite the government’s heavy crackdown. In September 2017, Chinese cryptocurrency exchanges BTCC China, Huobi and OKCoin were ordered by the government to shut down their businesses. At one point, executives of the three cryptocurrency exchanges were prevented from leaving the country, due to a government investigation into local cryptocurrency exchanges. Three months later, in December of 2017, China’s three largest…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 25

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 25 The massive upwards movement in cryptocurrencies over 2017 has not gone unnoticed. The participants at the World Economic Forum (WEF) in Davos are being questioned about cryptocurrencies and Cointelegraph has been one of the main voices representing the fraternity. The traditional investors are still not willing to accept the rising clout of the cryptocurrencies and are pushing for tighter regulation. Only recently, Nordea Bank banned its…

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50 Cent accidentally made $8 million in bitcoin

50 Cent accidentally made $8 million in bitcoin In 2014, rapper 50 Cent let people buy his album Animal Ambition using bitcoin. He then let his account lie unused for years, and only just recently discovered that he’s now a bitcoin millionaire, as first reported by TMZ. At the time, a single bitcoin was worth only $662, and the rapper’s fans could pick up the album for a fraction of that. In total, he pulled in over $400,000. Since then,…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 23

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano – Price Analysis, Jan. 23 When the markets are bullish, a lot of traders only focus on high target levels. This leads to a left out feeling among the ones who have missed out on the rally, and they rush to buy at elevated levels. This results in a huge loss of capital to the uninformed traders. The opposite works when the market falls. One starts to hear bearish voices with…

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The Millionaire Maker

Markethive poised to go to battle. Pay attention because it has taken 20 years to prepare for this journey into crypto wealth. I have built Markethive as a walk in faith. Sometimes it has nearly broken me financially, but the Lord kept prodding me to build it. Through treachery with previous partners, financial collapse with Trivita’s damaged income, through suffering from heart failure and actually death in the hospital from heart failure, diagnosed with diabetes 2, having to move from…

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Bitcoin hackers have stolen ‘£285million’ from cryptocurrency investors causing ‘CHAOS’

Bitcoin hackers have stolen ‘£285million’ from cryptocurrency investors causing ‘CHAOS' BITCOIN hackers have stolen an estimated £285million ($400million) from cryptocurrency investors that have caused “information chaos” as they utilise a fundraising mechanism for devious means, a recent report revealed. New data has shown that hackers have stolen approximately 10 per cent of funds raised through initial coin offerings (ICOs) the are used to finance new projects, according to a report from Ernst and Young. It read: “Hackers are attracted by…

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The Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin, And Other Cryptocurrencies

The Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin, And Other Cryptocurrencies There have been better days and worse days for Bitcoin, Ethereum, Ripple, Litecoin, and other cryptocurrencies. The better days were back in November and December when a “virtuous” rotation helped spread the rally from Bitcoin to other cryptocurrencies. This means that funds cashed out from one currency were invested in other currencies. That’s a bullish "technical" sign for cryptocurrencies, as it keeps the momentum for the…

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