Bitcoin trader sees 2 months to all-time high as China cuts key rates
Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance.
Related Posts


SEC wants Binance guilt admission added to own case
Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former CEO Changpeng Zhao. Binance Holdings and its former CEO, Changpeng Zhao, have reacted to a move by the United States Securities and Exchange Commission (SEC) to include Binance’s admission of

Elon Musk and tech execs call for ‘pause’ on AI development
More than 2,600 tech leaders and researchers have signed an open letter urging for a temporary “pause” on further artificial intelligence (AI) development, fearing “profound risks to society and humanity.”Tesla CEO Elon Musk, Apple co-founder Steve Wozniak and a host of AI CEOs, CTOs and researchers were among the signatories of the letter, which was…

Chinese Ecommerce Giant Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…

Twitter suspends memecoin-linked AI bot after Elon Musk’s ‘scam crypto’ claim
"Explain This Bob," the popular AI-powered Twitter account also linked to a memecoin, was suspended shortly after Elon Musk alleged it was a "scam." 410 Total views 4 Total shares Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.”Musk…

New Samsung Galaxy S10 Includes Cryptocurrency Key Storage
The new Samsung smartphone, the Galaxy S10, will include storage for private cryptocurrency keys, according to an official press release on Feb. 20.Samsung announced the launch of its new phone today in Seoul, San Francisco and London, which includes the Samsung Knox function. Per the press release:“Galaxy S10 is built with defense-grade Samsung Knox, as…

El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. 622 Total views 2 Total shares Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their…

XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?
Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year. Moreover, most altcoin/BTC pairs have been hitting new lows, and many of the coins are still trending downwards, looking for potential support.Crypto market daily performance. Source: Coin360One of these coins…

Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term. 224 Total views 2 Total shares On July 9 Bitcoin and the wider cryptocurrency market saw a moderate relief rally that helped recover some of the losses seen on Thursday but a…