Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst

Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent. It is important to note that […]

France Blocking Facebook Libra in EU Shows True Power of Bitcoin

Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming. Among the list of concerned governments is France, whose Finance Minister just revealed that it would work to prevent the “development of Libra on European […]

Monero price analysis: Will possibly drag to low $65.73

Monero price rose above the seventy-two dollars mark as it was suspected after an upward push to seventy-five dollars ($75.70). XMR has a twenty-four (24) hour trading volume of ninety-five million dollars ($95,519,093) while Monero itself trades for seventy-three dollars ($73.21) at the time of writing. The market capitalization value that XMR keeps is valued […]

ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto

The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency.  ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro.” Many observers theorize that Draghi’s response is led by a […]

Bitcoin Price (BTC) Showing Signs of Continued Weakness

Bitcoin price is moving lower and is trading well below the $10,250 resistance against the US Dollar. The price is likely to extend its decline below the $10,000 support level in the coming sessions. There is a major declining channel forming with resistance near $10,180 on the hourly chart of the BTC/USD pair (data feed […]