Bitcoin is drifting around the $11,000 mark. Stripe.com CEO said the company would not accept Bitcoin as a form of payment. Stripe, an Irish technology company, said it would become the first major online payments platform to accept Bitcoin on its payment platform 4 years ago. It is ditching the…
Category: Bitcoin
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South Korea Wants Bitcoin Taxes
Bitcoin is hanging above the $10,000 mark after touching the $9,945 low earlier today. It appears that the threats from South Korea banning the Bitcoin trading has subsided. However, it didn’t really give the Bitcoin bulls a much needed lifeline. It has been trending lower since Sunday. South Korea is…
Bitcoin Is Back above $11K for Now
The bloodbath paused for the time being. Bitcoin is now holding above $10K after it hit $9,005 on Wednesday. The threats from South Korea and China proposing a ban on the Bitcoin trading exchanges are still out there. We already knew that South Korea was looking into the whole Bitcoin…
Where Is the Next Level of Support for Bitcoin?
The bloodbath continued. Bitcoin is now below yesterday’s low. It hit $9,005 earlier today. Talks about South Korea and China proposing a ban on the Bitcoin trading exchanges are hitting the cryptocurrencies hard. We already knew South Korea was looking into the whole Bitcoin trading activities last week. Surprisingly, that…
Dimoncator: Bitcoin Is Down Almost $9,000 from the All Time High
It’s getting worse. I think we could have a Bitcoin indicator called Dimoncator, named after the J.P. Morgan Chase CEO, Jamie Dimon. Why? Here it is. It appears the CEO does not have any credibility because Bitcoin would move the opposite direction based on what he was saying. Last year,…