Bitcoin Price Rejects Doji as US Session Takes Charge, Rises 8%

Bitcoin price on Tuesday was looking to correct lower after forming a Doji candlestick. But the US session somewhat saved the day. The Bitcoin/Dollar rate on Wednesday has extended its upside momentum, rising circa 8% on a 24-hour timeframe, according to CoinMarketCap.com. The pair today established a fresh intraday high towards 3927-fiat on Coinbase during […]

Bitcoin Surges Above $3,800 As Market Rally Continues

Following yesterday’s market surge, Bitcoin has continued to climb and is now looking to target $4,000 as its next point of resistance. Bitcoin’s bullish price action has led to a widespread market surge, with the overall crypto market cap climbing to $125 billion. At the time of writing, Bitcoin is trading up 7.3% at its […]

French National Assembly Rejects Plan to Loosen Crypto Taxes

The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space. As reported by Bitcoin.fr, there recently existed a series of proposals to present a friendlier environment to cryptocurrency firms in France, none of which were able to pass the lower house of the […]

Bitcoin Payment Processor OpenNode Gets $1.25M From Investors

Bitcoin payment processor OpenNode has announced a seed investment round of $1.25 million with venture capitalist Tim Draper and early-stage investment firm Draper Associates. According to a published post on its Medium page, the startup revealed that the funds would be used to grow its team and push for the adoption of bitcoin. “With the […]

New Shakepay Feature Turns Your Spare Change Into Bitcoin

Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed “ShakePay Change,” the pre-launch of the service was announced in a Medium post. The new service connects to a user’s bank credit and debit card, rounds up every purchase made to […]

BTCPayServer Expands Lightning Operability, Integrates Spark Wallet

Decentralized payment processor BTCPayServer now offers wallet support for c-lightning users. Following its most recent update, the BitPay alternative announced support for Spark Wallet, a client for the Lightning Network’s c-lightning implementation created by Bitrated founder and Blockstream employee Nadav Ivgi. With the implementation into BTCPayServer’s dock, users can now receive c-lightning payments in a […]

BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner

It’s no secret that 2018 has been a tough year for the crypto markets, with Bitcoin dropping from highs of nearly $20,000 in late-2017 to recently established lows of $3,200. The market’s poor performance has led investors, analysts, and traders alike to ponder what impetus will be able to drive the markets back to their […]

“Investors Carried Out Mental Gymnastics to Justify Bitcoin Prices” – Bloomberg Editor-in-Chief

Bloomberg co-founder and former Editor-in-Chief, Matt Winkler has likened speculation-driven bitcoin price movements to the dotcom boom of the mid to late 1990s, comparing the excuses given by investors for irrational market optimism at that time to the reasons given by modern day cryptocurrency speculators. Speaking to Emily Chang on Bloomberg Technology, Winkler explained that cryptocurrency investors […]