Ethereum Price (ETH) Breaks $225, Bitcoin Rallies 8% To $11,600

ETH price gained bullish momentum and broke the $220 resistance level against the US Dollar. The price even climbed above the $225 resistance and tested the $230 zone. There was a break above a major bearish trend line with resistance near $221 on the hourly chart of ETH/USD (data feed via Kraken). The pair is gaining momentum above the $225 resistance and it could climb towards the $240 level. Ethereum price is showing a lot of positive signs above $225 versus the US Dollar, while bitcoin rallied 8%. ETH price…

Bitcoin Traders Abandon Exchange Amid CFTC Probe – CCN Markets

Bitcoin traders yanked a staggering $525 million off BitMEX in July amid rumors of a CFTC probe and competition from Binance. | Source: CNBC/YouTube (i), Shutterstock (ii). Image Edited by CCN. July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading platforms: BitMEX. BitMEX Just Had Its Worst Month Ever by One Key Metric Data curated by TokenAnalyst reveals that BitMEX, a cryptocurrency exchange that offers up to 100x leverage, suffered nearly $525 million in…

Bitcoin Traders Abandon Exchange Amid CFTC Probe

Bitcoin traders yanked a staggering $525 million off BitMEX in July amid rumors of a CFTC probe and competition from Binance. | Source: CNBC/YouTube (i), Shutterstock (ii). Image Edited by CCN. July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading platforms: BitMEX. BitMEX Just Had Its Worst Month Ever by One Key Metric Data curated by TokenAnalyst reveals that BitMEX, a cryptocurrency exchange that offers up to 100x leverage, suffered nearly $525 million in…

Bitcoin’s Annihilating Every One of Your Favorite Altcoins

As Bitcoin dominance rises to its highest level in 28 months, the flagship cryptocurrency is annihilating the entire altcoin market. | Source: Shutterstock Bitcoin continues to crush its opposition as the leading cryptocurrency now enjoys a nearly 69% share of the entire crypto market cap. This is the highest level of “Bitcoin Dominance” since April 2017 and marks an extremely frustrating period for altcoin investors. Bitcoin Rises, Altcoins Stagnate Bitcoin has continued to increase its dominance over altcoins, hitting the highest level since 2017. | Source: coinmarketcap.com The Bitcoin price…

Bitcoin to Crack $15,000 This Week amid Waning Trust in Fiat: Max Keiser

Max Keiser believes that the bitcoin price could rally around 40% this week thanks to weak confidence in central banks and fiat currencies. | Source: Shutterstock Bitcoin bull Max Keiser already has a six-figure price target for the flagship cryptocurrency. He believes that the digital asset will eventually replace gold as a safe-haven investment and beat the returns of all asset classes. If that claim doesn’t seem ambitious to you, then his latest tweet definitely will. Bitcoin is currently trading at just under $10,700, and the Keiser Report host predicts…

From Ghana to the Bronx, These Teen Bitcoiners Are Building the Future

Jemima Joseph, 18, is working a summer job as a social media manager for a crypto startup after graduating from high school in the Bronx. And she learned how to make her first cryptocurrency transaction, a purchase using zcash, with the Flexa mobile app.  It was a summer day, so hot the air outside felt like soup, when Joseph joined 10 other teenagers inside the BXL Business Incubator in a ragged neighborhood in the South Bronx. Their former high school English teacher, Carlos Acevedo, arranged for representatives from the Electric…

From Ghana to the Bronx, Meet the Teen Bitcoiners Building the Future

Jemina Joseph, 18, is working a summer job as a social media manager for a crypto startup after graduating from high school in the Bronx. And she learned how to make her first cryptocurrency transaction, a purchase using zcash, with the Flexa mobile app.  It was a summer day, so hot the air outside felt like soup, when Joseph joined 10 other teenagers inside the BXL Business Incubator in a ragged neighborhood in the South Bronx. Their former high school English teacher, Carlos Acevedo, arranged for representatives from the Electronic…

Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?

There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is climbing higher and it could continue to rise above the $11,000 resistance area. Bitcoin price is gaining momentum above $10,500 against the US Dollar. BTC price is likely to extend gains above the…