Bitcoin Is Plunging, But It's Too Early To Say Bulls Have Given Up

Bitcoin Is Plunging, But It’s Too Early To Say Bulls Have Given Up

Bitcoin failed to extend gains above $9,200 and started a downside correction against the US Dollar. BTC price tested the $8,500 support and it could bounce back. Bitcoin price is down more than 5% from the $9,186 high against the US Dollar. The $8,500 support area could play an important role in the coming sessions. … Read more…

New virtual money concept, Gold Bitcoins

Forget the Bitcoin price! I’d invest £5k like this to get rich and retire early

With the Bitcoin price having risen by over 90% in 2019, its returns were significantly ahead of those of the FTSE 100. The index delivered a total return of 16%, which is almost twice its long-term annual average. As such, many investors may feel that buying Bitcoin could be a better means of building a … Read more…

Is Bitcoin in 2020 Really Like the Early Internet?

Is Bitcoin in 2020 Really Like the Early Internet?

It’s a cliche at this point to compare bitcoin to the “early days of the internet,” since they are both examples of emerging technologies. But does the cliche actually hold true? If we work with a vague definition of the World Wide Web going live in 1991, then within the first decade that ecosystem grew … Read more…

Taiwan president takes early lead in election closely watched by China

Taiwan president takes early lead in election closely watched by China

Taiwan President Tsai Ing-wen took an early lead on Saturday in vote counting for a presidential election that will be closely watched by Beijing, which claims the democratic island as its own, in the shadow of anti-government protests in Hong Kong. One hour after polls closed at 4 p.m. (0800 GMT) Tsai led her main … Read more…

Ethereum Best Investment of 2020s? Price Action Mirrors Early Bitcoin

Ethereum Best Investment of 2020s? Price Action Mirrors Early Bitcoin

Since the major bull market of 2017, the price of the native digital asset on the Ethereum network has not performed so well. However, that has not dampened every commentator’s spirit for ETH going forward. One cryptocurrency analyst believes that Ether (ETH) will outperform every asset during the next decade. Whereas Bitcoin was the investment … Read more…

Oil prices rise 1% in early trading as tensions in the Middle East mount

Oil prices rise 1% in early trading as tensions in the Middle East mount

Oil prices jumped 1% during Sunday night trading — building on Friday’s gains — as tensions in the Middle East escalated over the weekend. Following Thursday’s death of top Iranian commander Qasem Soleimani, on Sunday an Iranian state-run television broadcast said that the nation would no longer respect uranium enrichment restrictions set forth in 2015’s … Read more…

It's too early to buy stocks as US-Iran tensions rise

It’s too early to buy stocks as US-Iran tensions rise

Investors should hold off from buying stocks Friday, even as U.S. stocks opened lower after an American airstrike killed Iran’s top military general, CNBC’s Jim Cramer said. “I would not be excited about jumping in here because … we’re not giving up enough,” Cramer said on “Squawk on the Street.” The “Mad Money” host said … Read more…

Early Cypherpunk Emails Reveal a Blueprint for Bitcoin

Early Cypherpunk Emails Reveal a Blueprint for Bitcoin

The cypherpunks, a ragtag group of tech tinkerers, cryptographers, and privacy advocates, were obscure in their 1990s heyday. And it would have remained that way in perpetuity were it not for a certain Satoshi Nakamoto launching a digital currency in 2009 encapsulating their core beliefs. We don’t know if Satoshi was a cypherpunk. But what … Read more…

Guardiola reaches career possession low in Man City defeat at Wolves

Manchester City not expecting Guardiola to leave early

The club’s hierarchy are adamant their Spanish manager will honour his contract at the Etihad Stadium amid recent speculation Pep Guardiola will stay at Manchester City and see out his contract, according to the club’s chief executive Ferran Soriano. Guardiola is contracted to City until 2021, however, there are doubts over the Spaniard’s future in … Read more…

Early Bitcoin Adopter Throws Cold Water On Halving Narrative; Here's Why

Early Bitcoin Adopter Throws Cold Water On Halving Narrative; Here’s Why

As NewsBTC has covered over the past few weeks, a debate has erupted around Bitcoin’s impending block reward reduction. Informally known as the “halving” or the “halvening,” every four years the number of BTC issued per block (every 10 minutes or so) gets cut in half, resulting in a negative supply shock on the market. … Read more…