bitcoin bulls

Bitcoin Price Continues to Eye $11K as Most Altcoins See Minor Gains Market visualization. Source: Coin360 Bitcoin continues to show impressive price movement after trading close to $10,300 for the better part of the day. At publishing time, the No. 1 cryptocurrency is trading at $10,718 — up 2.9% on the day, according to data from Coin360. Bitcoin’s 24-hour price chart. Source: Coin360 Bullish sentiments towards BTC seem to have won out once again as Bitcoin dominance hit 70.5%. Cointelegraph…

Bitcoin And Crypto Market Rally Looks Real – LTC, BNB, BCH, TRX Analysis The total crypto market cap recovered nicely and broke the key $250.0B resistance area. Bitcoin price is up more than 7% and it recently climbed above $10,400. Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance. Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels. BCH price is up more than 5% and it is…

Kyrgyzstan to Impose Taxes on Bitcoin Miners Kyrgyzstan, a formerly notorious anti-crypto country, is making some moves towards reversing a years-old negative stance on crypto assets. According to a report from local news outlet Kabar, the Ministry of Economy in the Central Asian country submitted a draft bill to introduce a new taxation structure to cryptocurrency mining. The Kabar report revealed that earlier this week, the ministry submitted a draft bill titled “On Amending the Tax Code,” which seeks to…

Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery There was a major downward move below the $10,000 support in bitcoin price against the US Dollar. The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000. There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). There could be a short term upside correction, but the bulls are likely to struggle…

Proposed A Radical Competitor To Bitcoin And The U.S. Dollar Bitcoin and cryptocurrency competitors are in vogue at the moment with both social media giant Facebook and China planning their own digital currency projects. The bitcoin price, despite suddenly plummeting this week, has climbed this year largely because the likes of Facebook and South Korean technology behemoth Samsung have tacitly endorsed bitcoin and cryptocurrency technology, helping it to somewhat recover from a disastrous 2018. Now, Bank of England governor Mark…

Portugal Tax Authority – Bitcoin Trading and Payments Are Tax-Free Portugal’s Tax Authority has clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country, Cointelegraph en Español reported on Aug. 27. According to a report published on Aug. 26 by Portuguese business newspaper Jornal de Negócios, the Portuguese Tax and Customs Authority have confirmed that crypto transactions or payments are exempt from Value Added Tax (VAT). The agency reportedly provided the clarification to a…

Winklevoss Twins – Bitcoin is Going in the Right Direction The story of Bitcoin has been nothing short of a rollercoaster. The asset had to ensure several years of relative obscurity before finding fame in a 2017 boom and crashing right back down in 2018. However, the world’s most popular asset is back, and Bitcoin trading is now pegged at over $10,000 a token. With a healthy 200 plus percent climb in 2019 alone and all of the momentum in…

Bitcoin {BTC} breaches the 10.5k mark – Switzerland and U.S. politicians meet following release of LIBRA After bears had brought BTC all the way down to $10,000 a trend reversal occurred. This had helped Bitcoin rally along with the majority of the altcoins. Once again, Bitcoin proved its worth over Gold [in spite of the latter facing much less volatility], which indicates that Peter Schiff along with the rest of the “Gold Barons” is wrong. However, BTC has a long…