Bitcoin (BTC) has been caught in the throes of consolidation for the past several weeks and months, and it has failed to garner any momentum in either direction in the time since it plummeted below $10,000. This period of consolidation may soon be coming to an end, however, as one technical indicator is elucidating that a massive movement may be imminent, and one analyst believes that Facebook’s Libra may play a role in BTC’s future volatility.…

The German finance ministry has stated that criminal use of Monero (XMR) and Zcash (ZEC) is rising. In a  recent report, it argued that use of anonymous crypto assets might one day replace that of Bitcoin on the dark web. The report is careful to highlight differences between different crypto assets. Whereas blockchain forensics firms can often link an individual to a Bitcoin wallet, anonymity-preserving protocols limit their efficacy. Criminals Still Prefer Cash to Pseudonymous Crypto!…

After incurring an influx of buying pressure yesterday, Bitcoin has been able to sustain its upwards momentum and has not faced any notable retrace in the time since its recent surge, which may point to growing strength amongst BTC’s bulls. One prominent cryptocurrency analyst is now noting that he anticipates BTC to see further upside in the near-term, with an initial target existing at roughly $8,400, which he expects to be visited in the coming few…

The San Francisco-based company behind the XRP cryptocurrency has opened offices in the United States capital. This makes Ripple Labs the first company focused on blockchain technology to have a regulatory team in Washington, DC. In addition to the announcement, Ripple will be joining the lobbying group, the Blockchain Association. The firm has also made added former member of the US Treasury Department, Craig Philips, as an independent director. Ripple Makes Big Moves in Washington According…

Bitcoin was designed to remove the monopoly banks have over the world’s wealth and put the control back into the hands of individuals, among many other reasons. A new, damning report on the weakness of the banking industry serves as a powerful example as to why the world needs Bitcoin. Banks Are In Danger of Failure Bitcoin was created by the mysterious Satoshi Nakamoto in 2009, following bank bailouts, and the Great Recession, as a way…

Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal. The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of bitcoin’s recent losses. Therefore, the cryptocurrency somewhat remained under the risks of further downside moves. At the same time, alternative cryptocurrencies, or altcoins, performed way…

Last week, crypto exchange Poloniex was “spun out” from the Goldman Sachs-backed Circle into its own, international brand, highlighting a lack of interest in the digital asset trading platform. A new data visualization is making way across the web, shows how Poloniex has fallen from grace over the last 5 years, and how during this time, Binance was able to take the platform’s leadership position. Poloniex and The Lost Throne of Crypto Trading As industries grow,…

Bitcoin has found itself stuck yet again. As of the time of writing this, the cryptocurrency is trading at $8,230, which is a price that implies BTC is down a mere 0.18% in the past 24 hours (as of the time of writing this piece). Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally While some analysts are expecting this non-action — sub-3% moves each and every day, for weeks on end — to…

The Commodity Futures Trading Commission (CFTC) is confident that Ethereum futures are likely to arrive in 2020. This could be good timing if altseason fails to materialize in the next few months and Ethereum prices remain low. Ethereum Futures Next Year At a fireside chat during the first day of DC Fintech Week, CFTC Chairman Heath Tarbert said he ‘absolutely’ believes Ethereum futures could trade in the next 6 to 12 months. “The volume to which…

Here at CryptoFelix, we pride ourselves on offering world-leading and unbeatable cryptocurrency market forecasting. Since our inception in late 2017, we have been able to guide our members in the right direction and help them avoid massive losses in one of the longest and most crippling bear markets known to this market. We have even allowed them to make stupendous returns betting against the market as part of our Priority service. Our accuracy rate in predicting…