Business

Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K

[ad_1] Bitcoin daily price chart. Source: Coin360Bitcoin (BTC) bulls appear to have found a second wind which allowed them to push the price above $9,000 to daily high at $9,150.  As discussed in an earlier analysis, bulls had been fighting to hold the price above $8,800 throughout the day and multiple attempts at knocking out the $9K mark were held back by $8,963 and $8,985. BTC USD 6-hour chart. Source: TradingViewTraders
EXCHANGES

Financial Advisors Should Allocate Client Funds to Bitcoin, Executive Says

[ad_1] The majority of financial advisors are “hesitant to invest client money in Bitcoin,” but they shouldn’t be, according to Ric Edelman, founder of Edelman Financial Engines. Advisors Should Invest Up to 2% of Client Funds in Bitcoin Financial advisors are especially popular in the West, where many novice and professional investors are looking for help to develop the best possible plans to generate returns or preserve value in the
EXCHANGES

Localcryptos Lets You Cash Out BTC P2P – Minus the KYC 

[ad_1] If you’ve ever had a sudden need for fiat while all in crypto, you’ll understand the difficulty of cashing out without KYC-ing away your identity and that of your unborn children. Localbitcoins is now an AML hellhole, Bisq is great if you’re happy to wait two days for a trade, which leaves what exactly? Localcryptos.com. That’s what. Also read: A Bitcoin War Is Brewing Over KYC What’s the Deal
EXCHANGES

LocalBitcoins Shuts Down Accounts in Problematic Countries

[ad_1] LocalBitcoins, one of the oldest cryptocurrency exchanges out there, has reportedly begun to suspend accounts of long-term users without prior notifications. Some Users Cannot Access Bitcoin Funds Forbes reported on Saturday that users across at least three regions, including Asia, Africa, and the Middle East, had noted their accounts to be “deactivated.” LocalBitcoins users in countries like Iraq, Afghanistan, Pakistan, Syria, and Nigeria received messages from the exchange operator
BLOCKCHAIN

Coinbase and Ripple Execs Unveil Master Plan to Drive US Crypto Adoption

[ad_1] Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improveThe Market Integrity Working Group’s co-chairs want regulators to grasp how they can advance the cryptocurrency industry. In an official company statement, Coinbase senior director and associate general counsel Rachel Nelson, in conjunction with Ripple’s head of global institutional
EXCHANGES

Crypto Market Gains $17 Billion in 48 hours, Are Bulls Back?

[ad_1] The global crypto market cap has risen over $17 Billion USD in the last 48 hours, driving Bitcoin tantalizingly close to $9,000. Could this be an early indication that the bulls are back? Has the crypto market turned long-term bullish? In the last 48 hours, the overall crypto market cap has seen a stunning cash injection of over $17 billion USD. This could be an exciting early indicator that
BLOCKCHAIN

Ditto Music to Launch App Offering Speedy Blockchain Solution

[ad_1] Ditto Music will launch Bluebox, a blockchain recording technology that could be a boon to musicians and distributors alike. What it’s all aboutThe problem, says Ditto Music CEO Lee Parsons, is that misplaced metadata can end up eating away at the bottom line. Recently Ditto made a royalty payment of 60,000 pounds sterling ($80,000) to the wrong artist. Parsons reportedly had to pay the correct artist out of his own pocket. But
Business

Bitcoin Price Pushes Above $8.8K as Bulls Attempt to Reclaim $9,000

[ad_1] After a pleasant weekly close, Bitcoin (BTC) bulls turned up Monday prepared to push the price to the $9K mark and possibly above. Over the weekend numerous crypto analysts suggested that if the price sustained above the $8,650 resistance Bitcoin would rally to $8,800 to set a daily lower high, consolidate, then make another run at the $9,200 mark. Bitcoin daily price chart. Source: Coin360All, except the latter, has come
BLOCKCHAIN

Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’

[ad_1] Cash is unlikely to disappear anytime soon despite declining use as a payment method and the surge of digital currencies, Germany’s largest bank says.Deutsche Bank, a German multinational investment bank that previously predicted that cryptocurrencies will replace fiat by 2030, now claims that cash “will be around for a long time” as a preferred method of payment.Deutsche Bank Research issues three reports on the future of paymentsThe bank has
BLOCKCHAIN

Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One

[ad_1] The four class-action suits against Bitfinex, Tether and parent company iFinex over alleged market manipulation leading to Bitcoin’s (BTC) 2017 bull market have been consolidated — with implications for every BTC buyer since April 2017.Per an order dated Jan. 24 and filed Jan. 27 from Judge Failla of the court of the Southern District of New York (SDNY), four complaints have been consolidated. Plaintiffs Leibowitz, Young, Faubus and Ebanks