Opinion

Why Grayscale’s New Digital Currency Ad Could Bring Crypto Investing To Millions

Source Node: https://cointelegraph.com/magazine/2020/08/10/grayscale-ad-digital-currency-history-of-money
Time Stamp: August 10, 2020 9:16 AM - Modified On: May 21, 2021 - Published By:
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This morning Grayscale, the world’s largest provider of cryptocurrency investment vehicles, temporarily turned its attention away from hoovering up the supply of Bitcoin to focus on arguably the most intractable problem in all of crypto: getting your stubborn friends and family on board.  Last Friday Grayscale founder and CEO Barry Silbert teased a massive ad buy on Twitter with the intention to “brrring crypto to the masses” — and this morning he delivered, with spots on CNBC, MSNBC, FOX, and FOX Business, among others. The Grayscale blog, meanwhile, pitches the

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Source Node: https://cointelegraph.com/news/ransomware-attacks-demanding-crypto-are-unfortunately-here-to-stay
Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
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Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its online services such as customer support, website functions and company communications were affected. Reportedly, the Russian cybergang Evil Corp launched the attack, demanding $10 million in cryptocurrency to restore access to Garmin’s services. Overall, according to a

Adam Back: Some ICOs Funded Useful Research Despite Being Unethical

Source Node: https://cointelegraph.com/news/adam-back-some-icos-funded-useful-research-despite-being-unethical
Time Stamp: August 7, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Adam Back recently took to Twitter with controversial comments on many of the industry’s largest crypto projects — including Ethereum (ETH), Cardano (ADA), Ripple (XRP), and Stellar (XML). His tweets placed these projects in the same category as a number of bonafide scams, which he considers to have been orchestrated as “premines”.We interviewed Back in order to clarify his position on the matter, starting with questions of how he feels about Satoshi Nakamoto essentially premining over one million Bitcoin. Back responded that “Bitcoin has no premine”, adding that he considers

Analyst Explains Reasons Bitcoin Price Could Fall Back to Lower $10Ks

Source Node: https://bitcoinist.com/analyst-explains-reasons-bitcoin-price-could-fall-back-to-lower-10ks/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-explains-reasons-bitcoin-price-could-fall-back-to-lower-10ks
Time Stamp: August 7, 2020 4:42 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin is facing risks of a price correction towards $10,000, according to a TradingView analyst. He spotted the cryptocurrency trading near its weekly resistance level, noting that it may amount to profit-taking action among traders. Nevertheless, he also asserted that Bitcoin is in a bull market, adding that the price would likely bounce back from its $10,000-lows. Bitcoin’s efforts to log a breakout move above $12,000 may fail as selling sentiment grows near the said level. The benchmark cryptocurrency risks breaking lower after retesting the $12,000-mark, says a TradingView.com analyst

Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations

Source Node: https://cointelegraph.com/news/former-bakkt-ceo-to-sell-all-holdings-after-insider-trading-accusations
Time Stamp: April 9, 2020 9:07 AM - Modified On: May 21, 2021 - Published By:
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Following major accusations of insider stock trading during the coronavirus-induced market crash, Senator Kelly Loeffler (R-GA), the former CEO of Bakkt, is liquidating her holdings with her husband.In an April 8 tweet, Loeffler said that she and her husband Jeffrey Sprecher, CEO of ICE, which is the company that owns Bitcoin (BTC) options contracts regulator Bakkt, are liquidating their holdings in managed accounts to focus on tackling the coronavirus situation.“I’m doing it because the issue isn’t worth the distraction”The former CEO of Bakkt has also published an opinion piece in

Bitcoin Price Prediction: BTC/USD Moves In an Uptrend but Can the Bulls Clear $7,500?

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-moves-in-an-uptrend-but-can-the-bulls-clear-7500/257255
Time Stamp: April 8, 2020 6:54 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 8Bitcoin (BTC) has effortlessly zoomed above $7,300 but the upside is limited. Sustained movement below $7,000 will worsen short-term outlook.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,200, $8,400, $8,600Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD has once again made an impressive move to the upside during the early trading session of today but the coin is currently trading below $7,400 after touching the key resistance at $7,431.36. The bulls are now expecting the price to rally higher but in order for things

Bitcoin Price Prediction: After Briefly Touching the $7,441, BTC/USD Bulls May Re-gather

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-after-briefly-touching-the-7441-btc-usd-bulls-may-re-gather/257234
Time Stamp: April 8, 2020 11:22 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 8BTC/USD price is trading nicely above the $7,250 and the coin must climb above the $7,400 resistance to continue higher.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,400, $8,600, $8,800Support Levels: $6,100, $5,900, $5,700BTCUSD – Daily ChartBTC/USD bulls may slowly come back into action after a minor battering from the bears yesterday. If this happens, then the expectation of recovery could turn out to be true. Today, BTC/USD was seen trading at $7,166 after soaring to $7,441.47. The coin then pulled back to where

Bitcoin Price Prediction: BTC/USD May Hit $8,000 to Begin a Bull Market Fully

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-may-hit-8000-to-start-a-bull-market-fully/256766
Time Stamp: April 7, 2020 9:58 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 7The Bitcoin price is making a strong extension to the upside in the session today through $7,200.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,500, $8,700, $8,900Support Levels: $6,400, $6,200, $6,000BTCUSD – Daily ChartBTC/USD hit the intraday high at $7,440 and retreated to $7,231 at the time of writing. Despite the downside correction, the coin is moving within a short-term upside trend amid low volatility. BTC/USD has gained nearly 1.35% since this time as the cryptocurrency market is on the recovery path. On the

Ripple Price Analysis: XRP Resumes Uptrend, Battles Minor Resistance at $0.20

Source Node: https://coinfomania.com/ripple-price-analysis-xrp-resumes-uptrend/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-price-analysis-xrp-resumes-uptrend
Time Stamp: April 7, 2020 8:56 AM - Modified On: May 21, 2021 - Published By:
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On the 4 hour chart, Ripple (XRP) has broken the resistance at $0.18 and move up to the high of $0.20500. The XRP/USD trading pair has earlier fallen to the low of $0.12 in the last bearish impulse since March 12. Buyers emerged to push XRP upward to $0.18 when it was regarded as being oversold. Unfortunately, the recent upward move is facing resistance at the $0.20 price level. XRP/USD – 4 Hour Chart The resistance is caused by a historical price level. The market is testing $0.20 historical price

Bitcoin Price Prediction: BTC/USD Breaks above $7,000 Resistance, a Rally to $8,000 and $9,000 Is Expected

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-breaks-above-7000-resistance-a-rally-to-8000-and-9000-is-expected/256572
Time Stamp: April 6, 2020 11:37 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 07Yesterday, Bitcoin has finally broken above the $7,000 overhead resistance. The market shot up from the low of $6,775 to $7,403. The current move will extend to a high of $8,000 and $9,000 if the current price level is sustained.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAfter the breakage of the overhead resistance, Bitcoin runs into the $7,400 resistance zone. The market is respecting the previous historical price level. Bitcoin was in consolidation above $7,400 price level between