Crypto News Reviews 

Bitcoin News Digest Monday, August 12, 2019

Goldman Sachs Gets Bullish on Bitcoin With a Price Target of $13,971

Goldman Sachs goes short-term bullish on Bitcoin setting a target of $13,971 per BTC

 

Payments Companies Like Square, Skrill And Circle Now Driving The Bitcoin Revolution

Banks began seeing cryptocurrencies as a non-event, then they decided to laugh at it, then they began fighting it by putting out their own coins. which I think we can all call a win for Bitcoin.

 

Current Tether Supply Suggests Bitcoin Price Is Correcting to $20,000

A prominent analyst believes Tether issuance and market cap are pretty good indicators of where Bitcoin price is headed

 

Goldman Sachs Analysts’ Note Says Now’s a Good Time to Buy Bitcoin

Investment bank Goldman Sachs has recommended that investors should capitalize on the current price dip and buy bitcoin.

In an analyst’s note, part

 

CoinCorner pays staff salaries in bitcoin

Would you be happy to have your salary paid in bitcoin? For staff at Isle of Man-registered crypto exchange and wallet provider CoinCorner, the hypothet…

 

Bitcoin (BTC) Created a Mirage While it Surged; Currently Trades Even Below $11,400

Bitcoin trades within the range of $11,100 to $11,500. Nevertheless, Bitcoin has not yet slipped below $11,000 and is still in the loop of making a bo

 

Bitcoin is trading at a discount in China suggesting that it is not used as safe haven by the Chinese

China allowed its currency to weaken by more than 2% last Monday; letting it fall to its lowest point since March 2008. Chinese state-owned companies

 

How Bitcoin Is Taking Flight With Norwegian Air

The airline will discount tickets bought with cryptocurrency in an effort to sideline financial institutions.

 




Bitcoin Price Faces Struggle to Hold Above $11K After Range Breakdown

Bitcoin (BTC) could drop below $11,000 in the next 24 hours, after sellers took victory in a four-day-long tug of war with the bulls.

The top cryptoc

 

UK dark web dealers get more than 20 years for selling cocaine for Bitcoin

Three men in the UK have been sentenced to prison for operating ‘Project4,’ a “sophisticated” drug-dealing business powered by Bitcoin.

 

Bitcoin Closes Highest Weekly Candle in Over a Year

The weekend has been largely bearish for bitcoin price as it dumped 6% after a long period of consolidation, but the weekly candle close has been the best since early 2018.

 

Bitcoin Hits Highest Weekly Close Since January 2018, Showing Strong Momentum

After spending the best part of the past week consolidating, Bitcoin took a turn south over the weekend. On the bright side, the king of crypto registered

 

Buy Bitcoin on This Dip, Say Goldman Sachs Analysts

Bitcoin is at a prime buying opportunity for long-term investors according to a note issued by Goldman Sachs Securities Division

 

Goldman Sachs Talks Bitcoin: Where Does Wall Street Think BTC is Going Next?

In 2017, Jamie Dimon slammed Bitcoin. The chief executive of JP Morgan claimed that if any of his firm’s traders were caught trading the cryptocurrency,

 

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

As U.S. cryptocurrency users eagerly await tax guidance from the Internal Revenue Service (IRS), they can find hints of what may come in the agency’

 




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