davitbabayan

  • Analysis

    Is a Gradual Decline to $3,500 in Play For Bitcoin?

    Bitcoin so far has been able to find support above the so-called bottom area below $6,000. But it is not enough to beat the long-term bearish bias, according to a famous cryptocurrency analyst. Crypto Thoreau, in one of its latest tweets, predicted that Bitcoin price is in for a...

    Davit Babayan | October 19, 2018 | 10:03 am
  • Bitcoin

    Man in Oslo Killed After Selling Large Amount of Bitcoin, Privacy in P2P

    A meeting place that could have been about a common peer-to-peer Bitcoin trade turned into a scene of a brutal killing. A 24-year old Norwegian man was reportedly stabbed to death in his Majorstuen apartment shortly after completing a cash-to-Bitcoin trade with his alleged killer. The local police believe there...

    Davit Babayan | October 19, 2018 | 9:08 am
  • bitcoin auction
    Bitcoin

    US Marshals Offer Over 650 Confiscated Bitcoins for Auction

    The United States Marshal Service (USMS) is set to auction approximately $4.25 million worth of Bitcoin at the beginning of November. The federal agency announced that it would put almost 660 Bitcoins on the auction block, with the online sale planned on November 5, from 8:00 AM EST to...

    Davit Babayan | October 18, 2018 | 5:00 pm
  • omisego
    Altcoins

    Omise Bags Japanese Investment to Support its Blockchain PayPal Alternative

    Japanese venture capital firm Global Brains has invested an undisclosed sum into Omise Holdings, a Thailand-based FinTech service provider, the companies announced in a press release. Global Expansion The investment, which is also led by 31VENTURES, a venture capitalist arm of Mitsui Fudosan, one of the largest real-estate developers...

    Davit Babayan | October 18, 2018 | 12:00 pm
  • Bitcoin
    Bitcoin

    Bitcoin is Repeating 2014’s Downtrend Action That Corrected Vastly

    As speculation over Bitcoin finding a bottom grows, one historical price action has surfaced to back a strong demand around a specific trading range. Crypto Monk, a highly followed Bitcoin and altcoin trader and founder of CryptoMonsoon podcast on YouTube, recently took to Twitter to showcase similarities between Bitcoin’s...

    Davit Babayan | October 17, 2018 | 4:45 pm
  • Augur REP
    Altcoins

    The $152 Million Lawsuit over Blockchain Betting Startup Augur is Settled

    In April, a blockchain entrepreneur has surprised the space by launching a savage legal attack on his four associates, alleging that all of them committed acts of fraud, breach of contract and trade theft. The allegation resulted in a $152 million lawsuit, the most expensive claim the cryptocurrency...

    Davit Babayan | October 17, 2018 | 11:30 am
  • XRP
    Altcoins

    White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance

    The U.S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance. Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent....

    Davit Babayan | October 16, 2018 | 6:30 pm
  • bullish
    Bitcoin

    Institutional Interest in Crypto During Bearish Times is Bullish

    An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market....

    Davit Babayan | October 16, 2018 | 1:00 pm
  • Altcoins

    Peer Stablecoins are Showing 10% Premium against a Weak Tether

    A mass exodus from the most popular dollar-pegged stablecoin Tether (USDT) has led to its devaluation against peer stablecoins. USDT on Monday broke away from its historically tight link with the US Dollar to touch 85 cents across multiple crypto-exchanges. As a result, a substantial USDT volume shifted...

    Davit Babayan | October 15, 2018 | 2:18 pm
  • Analysis

    Bitcoin Explodes to $7,000 within 24 Hours; What Caused the Short-Term Rally?

    After months of bearish action, the Bitcoin price on Monday soared above $7,000 within a matter of hours. BTC/USD bounced from $6,269 earlier today to establish fresh highs towards $6,950, according to CoinMarketCap, adding approximately $9 billion to its market cap. On some exchanges, including Hong Kong-based BitFinex,...

    Davit Babayan | October 15, 2018 | 11:31 am

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