Bitcoin price is trading in a bullish zone above the $11,600 support against the US Dollar. BTC is likely to gain strong momentum above $11,800 as long as it is above $11,550.

Bitcoin is following a nice bullish path above the $11,550 and $11,600 support levels.
The price is facing hurdle near $11,800, but it is well above the 100 hourly simple moving average.
There is a crucial bullish trend line forming with support near $11,580 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to rally above $11,800 and $12,000 as long as it is above the $11,550 support.

Bitcoin Price Showing Bullish Signs

There was a strong positive move in bitcoin price above the $11,500 resist ... Read more »

Category: News | Views: 69 | Added by: danyagames2007 | Date: 01.09.2020 | Comments (1)

Amid multiple warnings over the world’s reserve currency, Bitcoin stands to gain if recent macro correlation remains intac.

Bitcoin (BTC) is heading for a bullish start to another week’s trading after shrugging off lower levels to hit $11,700.

Cointelegraph takes a look at five things that could shape price performance in the coming days after BTC/USD saw little impact from both the Fed and futures settlements last week.

Stocks put in higher highs

In a classic continuation of the eerie post-coronavirus setup, stock markets are headed even higher on Monday.

Despite the difficulties faced by many after months of sporadic coronavirus lockdowns and associated econom ... Read more »

Views: 46 | Added by: rozhkovagency | Date: 01.09.2020 | Comments (0)

Federal Reserve monetary policy appears to be a primary catalyst for the current rally in gold, silver and Bitcoin.

The prices of gold, silver, and Bitcoin (BTC) are all rallying in tandem, as various macro factors boost alternative assets. As gold rose to a new all-time high at $2,055, BTC rallied to $11,715 on the day, recording a 4.28% increase.

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Category: News | Views: 30 | Added by: danyagames2007 | Date: 01.09.2020 | Comments (0)

The new Bitcoin-only fund will require a $100,000 minimum investment

Fidelity has announced that it is launching a Bitcoin fund with a $100,000 minimum investment. In a filing to the Securities and Exchange Commission, Fidelity said that this new fund will be made available soon and that it will be run by Peter Jubber, the head of Fidelity Consulting.

KEY TAKEAWAYS
Fidelity to launch a Bitcoin-only investment fund with a $100,000 minimum investment.
The fund will be available to qualified investors through family offices, registered investment advisers, and other institutions.
New Fidelity branch called Fidelity Digital Funds hints at further expansion of crypto-related investment funds.

... Read more »

Category: News | Views: 55 | Added by: 4zvezda | Date: 01.09.2020 | Comments (0)

Customers reported experiencing issues logging into Robinhood, Charles Schwab and multiple other trading platforms Monday morning, according to a flurry of tweets.

CoinDesk confirmed the degraded performance on Robinhood via the website's status page. The popular retail trading platform posted a notice saying, "Some users are experiencing issues with delayed order status updates. These are display issues only, and should not impact order execution. We are working to resolve this as soon as possible."
Issues on TD Ameritrade and Charles Schwab have also been detected over the past few hours by downdetector.com.
On Twitter, Charles Schwab said its website may be "intermittentl ... Read more »

Views: 35 | Added by: 4zvezda | Date: 01.09.2020 | Comments (0)

A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.”

Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows.

On Aug. 28, the U.S. dollar currency index (DXY), fresh from losses caused by a speech from the Federal Reserve, returned to crucial low levels.

Bitcoin’s $12,000 trigger reappears

At press time on Friday, DXY measured 92.28 — its lowest since Aug. 19. At that time, the index had seen years of decline, with 92.17 marking the floor which challenged precious lows from April 2018.

Safe havens, including ... Read more »

Category: News | Views: 51 | Added by: danyagames2007 | Date: 01.09.2020 | Comments (0)

The hacker’s identity may not be a mystery for much longer.

On Aug. 30, a Github user made a post about losing 1,400 Bitcoin (BTC) via an elaborate hack that affected his Electrum wallet. N-chain analysis indicates that the hackers had a Binance account and that some of the transactions used to move the stolen coins may have originated in St. Petersburg, Russia. However, it is important to note that conclusions afforded by on-chain research are generally more probabilistic than deterministic. 

< ... Read more »

Views: 39 | Added by: 4zvezda | Date: 01.09.2020 | Comments (0)

Former Trump chief of staff Mick Mulvaney foresees an “avalanche” of regulations if Biden wins the election, what’s this mean for Bitcoin price?

 

Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback. 

This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price of Bitcoin (BTC).

During an interview on CNBC’s Squawk Box, Mulvaney said Biden would push many regulations in a short period. He stated:

... Read more »

Category: News | Views: 35 | Added by: 4zvezda | Date: 01.09.2020 | Comments (0)

Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla.

Musk’s revelation comes after the United States Department of Justice (DoJ) had brought charges against a Russian national, Egor Igorevich Kriuchkov, 27. Although the U.S. government is not naming the targeted corporation in the sealed court documents, Musk in a tweet, confirms that Tesla was the intended victim of the botched attack.

... Read more »

Category: News | Views: 47 | Added by: danyagames2007 | Date: 01.09.2020 | Comments (0)