Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

Bitcoin banking platform Cashaa will soon offer U.S. dollar bank accounts for cryptocurrency-focused businesses, except those operating in sanctioned countries.  Cashaa offers banking services like International Bank Account Number (IBAN) accounts, international SWIFT transfers for fiat and credit card processing for cryptocurrency-based businesses, which often struggle to receive these services from traditional banks. It also …

Bitcoin Price at ‘Huge Risk’ of Crashing to $7,300

A recent prediction by veteran trader, Elixium, warns that Bitcoin is at a major risk of seeing yet another price crash. This time, towards the $7,300 level if bulls don’t push back soon. Bitcoin’s performance in the first half of 2019 brought back a lot of investors with fresh optimism that crypto winter had passed. …

Craig Wright Predicted Bitcoin, Litecoin Should Be Dead By Now

Craig Wright, self-proclaimed creator of Bitcoin (BTC) is no stranger to controversial statements. But his prediction made this time last year certainly stands out as one of his biggest claims.  November 2019 Was Supposed to Be the End Back in November 2018, Wright stated in a rather cryptic manner that he had information which would …

Bitcoin (BTC) Price Eyeing Fresh Monthly Low Below $8.5K

Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar. The price is currently declining and it seems to be struggling near the $8,840 level. Yesterday’s major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bulls …

Podcast: What Harnessing the Bitcoin Blockchain’s Power Could Mean for China

In this episode of the Bitcoin Magazine Podcast, Dave Hollerith talks with Alex Gladstein of the Human Rights Foundation about China’s President Xi Jinping publicly expressing admiration for blockchain technology. This news drove the bitcoin price at the beginning of November 2019, but Gladstein is wary about what China’s public praise could mean for cryptocurrency …

Bitcoin Bulls Constantly Exhaust Kraken’s Liquidity Pool: CEO

Bitcoin bulls are constantly exhausting the US dollar reserve pool for opening leveraged Long positions, revealed Jesse Powell of Kraken – a US-based cryptocurrency exchange. The chief executive officer told Youtuber Ivan on Tech in an interview that the number of traders who believe that the bitcoin price would go higher is more than those …

Bitcoin Magazine’s Week in Review

Bitcoin Magazine’s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. For much of its existence, bitcoin has been compared with gold. Several people have touted the two assets as the most effective investment vehicles for hedging against the global economy, though the two have many differences. …