Bitcoinist News

Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal

An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.6 percent stake in Nexon, …

Bitcoinist News

Bitcoin Forms First ‘Golden Cross’ Since 2015 Price Bottom

For the first time since 2015, the Bitcoin price action has formed a “golden cross” pattern providing yet another signal that BTC is in a bull market. It also broke through the $5,600 price mark, setting a new 2019 high. Golden Cross: Another Bullish Signal for Bitcoin A golden cross chart pattern has formed for …

Bitcoinist News

5 Worst Performing Cryptocurrencies Against Bitcoin in 2019

Bitcoin has gone through yet another leg up, gaining 5 percent in the past 24 hours alone. And while some altcoins have managed to increase even surpass BTC, others have been left hanging in the dry. Below we take a look at the 5 worst performing cryptocurrencies against Bitcoin so far in 2019. Ethereum (ETH) …

Bitcoinist News

Binance CEO Says Ethereum ‘Can Do Much More’ Than Binance Coin

The CEO of one of the world’s largest cryptocurrency exchanges delivered an unexpected compliment to his rival this week – but markets appeared unwilling to follow. CZ Denies BNB Will ‘Devastate’ ETH In a series of tweets April 22, Binance’s Changpeng Zhao (also known as CZ) called for tolerance of the various blockchain projects within …

Bitcoinist News

Next Stop $6000? Bitcoin Price Hits New 2019 High

Bitcoin price has broken through key resistance reaching $5,600, a new 2019 high. This new level also adds further weight to the increasingly prevalent sentiment that the market is turning bullish. Bitcoin Price Hits Fresh 2019 Highs Bitcoin price (BTC) 00 has hit fresh 2019 high breaking key resistance at the previous high of $5450. …

Bitcoinist News

Think Your Altcoin Will Beat Bitcoin ROI? Then Don’t Look at This Chart

Bitcoin dwarfs every other altcoin when it comes to return on investment (ROI) since initial exchange listing, data shows. Had you threw in just $100 bucks into BTC in 2010, you would be a millionaire today. Bitcoin ROI Shows Why They’re Called ‘Altcoins’ A new visual graph from DataLight perfectly illustrates just how impressive Bitcoin …

Bitcoinist News

Nobody Shills Bitcoin Quite Like The International Monetary Fund (IMF)

The International Monetary Fund (IMF) may have accidentally delivered its biggest advertisement for Bitcoin yet as it argues for negative interest rates. Bitcoin Proponents Thank IMF… Again Retweeting a blog post from February this year, the financial organization reiterated its faith in central banks increasing negative interest rates – essentially taxes on using money. “In …

Bitcoinist News

Bitcoin Already Outperforming NASDAQ, S&P 500 and Gold in 2019

It’s safe to say that Bitcoin (BTC) is having a good start in 2019. The cryptocurrency gained around 40 percent of its value since the beginning of the year. Interestingly enough, it is now outpeforming NASDAQ, the S&P 500 as well as most commodities including gold and oil.  Bitcoin Outperforms NASDAQ 100 (NDX) Bitcoin is …

Bitcoinist News

Popular Bitcoin Price Analyst Flips Bullish – Says 75% Chance the Bottom is In

Bitcoin price bottom has come and gone, some of the industry’s best-known experts are now saying as sentiment changes from bearish to bullish in 2019. Mahmudov Reveals Bitcoin Price Bull Cycle Up until recently, prominent Bitcoin market analyst Murad Mahmudov was bearish on BTC/USD, saying he doesn’t expect a new bull-run until Q2 2020. Bottom …