Bitcoin Price Could Hit the $14k

Based on historical patterns, Bitcoin’s price could go through a narrow price range, soon before the block reward halving. BTC remains unpredictable, yet past analysis shows a certain trend. Convergence to S/F Pattern Could be Caused by Reward Halvings Bitcoin price will most probably move in the $14,000 – $20,000 price window around May 2020, …

Russia Prepares Law to Allow Cryptocurrency Confiscation

According to local reports, Russia’s Ministry of Internal Affairs and other law enforcement agencies are developing proposals to confiscate cryptocurrencies. These proposals could evolve into Russian laws as soon as 2021.  “Russia plans to develop a legal mechanism for the seizure of virtual assets for their confiscation,” according to a translated report from RBC. “The …

Five Reasons Why Bitcoin Price is Crashing Right Now

Bitcoin price first dipped a toe under the $9,000 mark, then went on to erase profit positions gained since the dramatic rally at the end of October. The slide took BTC to $8,780.84 as of 15:25 GMT on Friday, with plenty of leeways to drop as the weekend hovered with lower volumes. Here are five …

Bitcoin (BTC) Price Showing Signs Of Bearish Continuation

Bitcoin price is struggling to rebound and declining below the $9,300 support against the US Dollar. The price is likely to accelerate decline if it breaks the $9,120 support area. There is a major bearish trend line forming with resistance near $9,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). Similarly, …

Hong Kong Brings License to Crypto Exchanges

Opt-in based framework; limited impact expected. Still PI only. Overview Hong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms. Could this be a game-changer for …

Users Can Now Buy Bitcoin on DropBit Using Apple Pay or Google Pay

On November 5, 2019, Bitcoin-focused product hub Coin Ninja announced that, through a collaboration with cryptocurrency payments company Wyre, users can now buy bitcoin directly on the DropBit app with Apple Pay and Google Pay. Coin Ninja calls DropBit its “Venmo for bitcoin,” a bitcoin wallet and payment service particularly designed to help Bitcoiners send …