Bitcoin Narrowly Avoids 7 Consecutive Red Daily Candles

Bitcoin (BTC) has rallied to gain nearly 5% in as many hours, narrowly avoiding posting seven consecutive red daily candles for the sixth time ever. The last time that BTC posted seven red daily candles in a row was heading into the start of August 201...

Square Crypto Hires Lightning, Libra Developers for ‘Bitcoin Dream Team’

The Square Crypto team announced three more developer hires on Thursday, pulling from major companies in the crypto space.

Lightning Wallet Zap Launches in-App OTC Desk for Bitcoin Buyers

With new features from Zap, people can now buy bitcoin using the Lightning Network and reduce their reliance on centralized crypto exchanges.

Warren Buffett has Enough Spare Cash to Buy Two-Thirds of All Existing Bitcoin

Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value. But, if he wanted to, he could become the biggest bitcoin whale of them all. Buffett could buy two-thir...

SEC Chief: You’re ‘Sorely Mistaken’ if You Think Bitcoin’s All Grown Up

U.S. Securities and Exchange Chairman Jay Clayton just delivered a rebuke to cryptocurrency backers, alleging that Bitcoin is unlikely to trade on a major US exchange until it's much better regulated. Crypto's Not Ready for Prime-Time The chairman of the independent agency of the United States federal government stated in his opening speech at Delivering […]

The post SEC Chief: You're 'Sorely Mistaken' if You Think Bitcoin's All Grown Up appeared first on CCN.com

Bitcoin Price Dips to $9.6K as Bear Cross Looms

Bitcoin slipped to an 18-day low today, as a key indicator threatens to turn bearish for the first time in a year.

North Korea Jumps The Cryptocurrency Shark By Announcing Its Own Bitcoin

In the world of cryptocurrency and bitcoins, which I consider to be a bubble worse than the Dutch tulip craze of the 1600s, there could only be one thing worse. That would be saying something because as I've argued repeatedly here at CCN, bitcoin is va...

Altcoin Season Is About to Return – Here’s Why

Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The […]

The post Altcoin Season Is About to Return - Here's Why appeared first on CCN.com

Not My Safe Haven: Investors, Speculators Dismiss Bitcoin as Global Risks Loom

Earlier this year, the anecdote that bitcoin serves as a safe-haven asset in times of heightened macroeconomic risks received support from factual data. The benchmark cryptocurrency and its traditional rival gold both established year-to-date highs as ...

66% of Europe Refuse to Use Calibra for Libra Transfers

The results of a cryptocurrency survey conducted by the Dutch banking group, ING, revealed a significant lack of appetite for Facebook's Libra, and its designated use case: Sending payments across social media. Taking 15,000 Europeans, from 15 distinct...