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Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona

March J, 2018

Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona Though many convicted criminals serve time and receive help reforming, for one Bitcoin trader, his record continues to grow from felony marijuana charges to money laundering. First reported by CCN earlier as an “unlicensed money transmitting business,” it appears as though Thomas Mario Costanzo, who often goes by ‘Morpheus Titania,’ hasn’t yet learned his lesson in following the law, including legal Bitcoin trading, and now awaits his June sentencing regarding…

Looking Ahead To $20,000 Bitcoin

March J, 2018

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Looking Ahead To $20,000 Bitcoin In last week’s Investor Alert, our investment team shared with you a report from Morgan Stanley that says Bitcoin’s price decline since December mimics the Nasdaq tech bubble in the late 1990s. This isn’t earth-shattering news in and of itself. The main difference is that the bitcoin rout happened at 15 times the rate as the tech bubble. Morgan Stanley has some good news for Bitcoin bulls, however: The 70 percent decline is “nothing out…

Bitcoin Hovers Near $8,000 Level as Investors Weigh Twitter Ban

March J, 2018

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Bitcoin Hovers Near $8,000 Level as Investors Weigh Twitter Ban Bitcoin swung between gains and losses near the $8,000 level, paring an earlier rebound, as investors digested the decision by Twitter Inc. to ban advertisements for initial coin offerings and token sales on its service. The largest cryptocurrency traded flat at $7,847.87 as of 11 a.m. in Hong Kong, according to consolidated Bloomberg pricing. The digital currency had earlier jumped as much as 4.8 percent, reversing an overnight decline that…

Bitcoin, Ethereum, And Litecoin Are The Most Popular Cryptocurrency Investments Among Millennials

March J, 2018

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Bitcoin, Ethereum, And Litecoin Are The Most Popular Cryptocurrency Investments Among Millennials Millennials love cryptocurrencies. For a couple of reasons. One of them is the technology behind them that promises to modernize capitalism, and free it from the tight control of big governments and big banks. The other reason is the potential cryptocurrencies have to make investors rich quickly, provided that they continue to rise at an astronomical pace. That’s why, among millennials, cryptocurrencies were a popular choice to…

Reddit Reportedly Removes Bitcoin As Payment, Cites âCoinbase Change’

March J, 2018

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Twee Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change’ Reddit has reportedly removed the option for users to pay for their premium membership program, Reddit Gold, in Bitcoin (BTC) citing an “upcoming Coinbase change”, according to a Reddit post in subreddit /r/btc published March 23. Reddit user BitcoinXio posted a video of the steps to give another user Reddit Gold, showing that the only payment options are PayPal and credit card. Reddit user emoney40, a moderator of several subreddits…

Bitcoin Price Technical Analysis for 23rd Mar 2018 â Another Reversal Pattern

March J, 2018

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Bitcoin Price Technical Analysis for 03/23/2018 – Another Reversal Pattern Bitcoin Price Key Highlights Bitcoin price failed to break past the $9,000 level after news of a potential shutdown of Binance in Japan broke out. However, bitcoin price could still form an inverse head and shoulders pattern, which is a potent reversal signal. Technical indicators are showing that bullish momentum could stay in play. Bitcoin price sold off recently but could form a short-term reversal pattern on its 1-hour…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 21

March J, 2018

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, March 21 The G20 considers cryptocurrencies risky, said the head of Italy’s central bank, but the broad consensus is that they should not be banned. After days of negative news, this is a positive shift for the cryptomarket. Led by Bitcoin, most cryptocurrencies are trying to pull back from their recent lows. The plunge in cryptocurrencies from their December highs had scared off new wannabe cryptocurrency investors.…

Bitcoin Price Breaks $9,000, Does Not Stay For Long

March J, 2018

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Bitcoin Price Breaks $9,000, Does Not Stay For Long March 20: the Bitcoin (BTC) price broke the $9,000 mark today after a rough start to the year in which the price decreased by nearly 70 percent from the December high of $20,000. Following the December high the BTC price has moved downward in fits and starts. On January 17, BTC price was down to $9,724, less than half of where it had been a month previously when it scraped the…

Bitcoin Following Nasdaq Path but 15 Times Faster

March J, 2018

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Bitcoin Following Nasdaq Path but 15 Times Faster Morgan Stanley put out a note to its clients on Monday the 19th breaking down Bitcoin trading in comparison to the Nasdaq during the dot-com crash 20 years ago. Bitcoin Similar to Dot-Coms Through Bear Markets According to the report, Bitcoin is behaving very similar to the way the Nasdaq did in 2000. There is parity in the pattern of price declines and the rally of 250 -280 percent “in their most…

Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies

March J, 2018

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Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies The G20’s announcement that it will pivot away from creating new regulations in favor of examining existing rules gave the cryptocurrency market a much needed seeing Bitcoin surge by $1000. No New Regulations The anticipation of what new regulations might come of the G20 meeting this week in Buenos Aires added to a rocky cryptocurrency market over the past week but the news as reported by Reuters is…