Jack Dorsey, Bitcoin Evangelist, Speaks About Square in Recent Podcast

Twitter founder Jack Dorsey has earned himself the title of ‘Bitcoin Evangelist’—such is his advocation for digital assets. His support of Bitcoin has been consistent and unwavering. Dorsey, as a successful businessman, is hard to ignore. His support for the leading cryptocurrency spurs on Bitcoin bulls and those who love a strong voice supporting their views. Jack Dorsey’s Square The entrepreneur recently participated in a podcast called “Tales from the Crypt” where he spoke about buying Bitcoin. Interestingly, he told how he “maximizes the $10,000 Bitcoin purchase limit on Square Cash…

Bitcoin (BTC) On Demand, ATM Double Spending Scare

Bitcoin prices stable along the 20-day MA Calgary based Bitcoin ATMs post huge losses after double-spending attacks Transaction volumes low averaging 7.3k by Mar 12 close Thieves steal $200k worth of Bitcoin in ATMs across seven Canadian cities. Nonetheless, prices are stable and above $3,500 meaning Bitcoin (BTC) buyers have a chance for $6,000. Bitcoin Price Analysis Fundamentals By substituting speed and convenience over security and fund safety, four scammers-who clearly had requisite technical expertise to pull off such a heist-found a gap and made away with $200k worth of…

Ripple (XRP) See-Saws, Bulls Flowing In, 40 Cents Possible

Ripple prices up, could print above 40 cents Binance’s Trust Wallet offer XRP support Transaction volumes likely to increase as XRP close above 40 cents Binance will continue supporting Ripple (XRP) as long as it is a utility. Therefore, with these developments, odds are XRP prices will close above 40 cents and even 60 cents. Ripple Price Analysis Fundamentals Pointing out that in the last AMA session someone said he was the leader of the so-called XRP Army Changpeng Zhao has announced that their latest acquisition, Trust wallet, now supports…

Blockchain Startup CEO Kidnapped in Kiev

Sunday, a Ukranian blockchain CEO got kidnapped in Kiev. Gregory Kucherkov is the CEO of Cornerstone, an effort to fund real estate investment with a blockchain token. Conerstone is planning an ICO. CCN received a tip from COO Fedir Martynov, and reached out to him by phone. Martynov tells us that the firm has already raised some capital for its ICO in a private sale, and they and the local police believe this may be the motive for the kidnapping. Currently Cornerstone is preparing for an ICO, and has already…

After SEC’s Endorsement, Ethereum (ETH) Likely to Rise than Tank

Ethereum (ETH) prices stable Constantinople and recent SEC’s head comments bullish for ETH Participation low but likely to rise as projects demand the coin By all means, Constantinople is a demonstration of intention and Ethereum as a platform stands to benefit. Meanwhile, we are bullish on prices expecting that platform demand would see ETH prices rise above $170 in days ahead. Ethereum Price Analysis Fundamentals We must acknowledge that cryptocurrency as a whole is just different. We are in the early stages of adoption, and before these global products break…

Thailand’s Securities Watchdog Approves Country’s First ICO Portal

Thailand’s Securities and Exchange Commission (SEC) has given the green light to the country’s first portal for scrutinized initial coin offerings (ICOs). As reported by Bangkok Post on Wednesday, the decision was made by the SEC’s board of directors and now needs final approval from other government bodies such as the Ministry of Commerce, according to the agency’s director of fintech, Archari Suppiroj. The portal is being developed to protect investors by scrutinizing ICOs and auditing their smart contracts, as well as countering financial crimes by ensuring sound know-your-customer processes. Suppiroj further told the Post…

Emerging Markets are Surging and Investors Could Send Bitcoin Moon-Bound

Emerging markets and their respective currencies are on the rise, which historically has had some correlation with the price of Bitcoin. According to Morgan Stanley, the global emerging markets benchmark is expected to rise by around 8 percent in 2019, primarily due to the increase in interest in the Chinese stock market following the optimistic prospect of the trade deal. Bitcoin Vs. Emerging Markets: What’s the Correlation? In August 2018, global macro analyst Peter Tchir said that during periods of emerging market stress, cryptocurrencies like Bitcoin as a store of…

Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support: Figure 1: BTC-USD, 2-Hour Candles, Low TF Support The zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. Late last night, we saw another test of this support level has failed to break it thus far. On a macro…

Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin

When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. Well, the wallet definitely exists. It’s just missing a few features you might expect of a crypto wallet. Specifically, it doesn’t support bitcoin — only ether and ERC20 tokens — which would be akin to your broker at Charles Schwab or Fidelity telling you that your 401(k) lets you invest in silver, copper and…

Bitcoin Price Trapped in Key Make-or-Break Trading Range

View Bitcoin is trapped in a trading range defined by the 200-week simple moving average and the 200- week exponential moving average, currently at $3,404 and $4,106, respectively. Therefore, the outlook as per the weekly chart is neutral. A weekly close (Sunday, UTC) above $4,106 would confirm a longer-term bearish-to-bullish trend change and could fuel a rally toward $5,000. A weekly close (Sunday, UTC) below $3,404 could revive the sell-off from November highs above $6,500 and allow a drop to levels below $3,000. The odds of a drop to the…