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Archives for August 2020

Synthetix Founder: There’s a Chance Bitcoin “Barely Moves” in this Bull Market

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Aeon Flux
Published on:
31 August 2020
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Bitcoin has seen extreme strength over recent weeks, rallying around 30% in the past month. One pioneer in the cryptocurrency space thinks, though, that BTC may not see a great bout of price appreciation this market cycle.Related Reading: These 3 Trends Suggest Bitcoin Is Poised to Bounce After $1,000 DropSynthetix Founder Doesn’t Think Bitcoin May Explode…

Categories: Bitcoin, News

Hackers Nab $16 Million In BTC Through Bitcoin Wallet Exploit

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Aeon Flux
Published on:
31 August 2020
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A long-time holder was unfortunately taken for their 1,400 BTC – over $16 million worth of Bitcoin – in a wallet exploit. But how were hackers able to make off with this user’s cryptocurrency? And what can others do to avoid the same situation from happening to them?Crypto Crime Takes A Bow But Is Just…

Categories: Bitcoin, News

Chainlink Bulls May Target $19.00 as Long as They Hold One Key Level

Written by:
Aeon Flux
Published on:
31 August 2020
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Chainlink has been flashing some signs of strength throughout the past few days and weeks, with the cryptocurrency’s securing a relatively strong foothold above the $17.00 region following its latest surge.It has established the upper-$17.00 region as resistance, as a rally up to this area earlier today was followed by a strong rejection that sent…

Categories: News

Barstool’s Dave Portnoy Is Preparing to Re-Enter the Bitcoin & Crypto Market

Written by:
Aeon Flux
Published on:
31 August 2020
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Dave Portnoy has been dabbling in the crypto and Bitcoin market for a few weeks now. After being reintroduced to the cryptocurrency market by Twitter, the Barstool Sports founder and celebrity day trader has been frequenting Crypto Twitter.It reached a point where he was introduced to the Winklevoss Twins, who co-founded the Gemini crypto exchange.Portnoy…

Categories: Bitcoin, News

Bitcoin Shows Signs of Reversal; But $12,000 Holds The Key For Strong Rally

Written by:
Aeon Flux
Published on:
31 August 2020
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Bitcoin price is showing reversal signs above the $11,550 resistance against the US Dollar. BTC must surpass the $12,000 resistance for a sustained upward move.Bitcoin started a steady rise above the $11,500 and $11,550 resistance levels. The price traded as high as $11,731 and it settled above the 100 hourly simple moving average. There is…

Categories: Bitcoin, News

The Most Weekly Valued Cryptocurrencies In The Market By Criptonoticias

Written by:
Aeon Flux
Published on:
31 August 2020
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During the week of August 23 to 30, the cryptocurrency market is observed with a predominance of red. The prices of most altcoins show a downward trend, although the few cryptocurrencies that increased in value reached a growth of up to 160%.The most appreciated cryptocurrencies are led by storj (STORJ), whose dizzying growth is related…

Categories: Bitcoin, Ethereum, News

Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

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Aeon Flux
Published on:
31 August 2020
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Ethereum gained bullish momentum above the $406 resistance against the US Dollar. ETH price is up over 5% and it seems like the bulls are aiming a test of $445 in the coming days.Ethereum climbed higher steadily and broke the $400 and $406 resistance levels. The price is now trading nicely above the $420 level…

Categories: Ethereum, News

The Apple and Tesla Stock Split

Written by:
Aeon Flux
Published on:
31 August 2020
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What do they mean?Photo by thiago japyassu from PexelsOn Monday 31st August 2020, both Tesla and Apple’s stocks will be split from 1 share to 5 and 4 shares respectively.Stock splitting is an action taken by a corporate body in which they issue their shareholders with more of shares of the stock they own whilst…

Categories: News

Litecoin Price Holds Strong at $60: A Bullish Case For Rally To $70

Written by:
Aeon Flux
Published on:
31 August 2020
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Litecoin started a steady recovery wave from the $53.50 and $54.00 support levels against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $58.00 on the 4-hours chart of the LTC/USD…

Categories: Ethereum, News

Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

Written by:
Aeon Flux
Published on:
31 August 2020
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Aug 31, 2020 at 07:31 UTCUpdated Aug 31, 2020 at 08:12 UTCJar of pennies (John Brueske/Shutterstock)Cryptocurrency earned from carrying out small tasks valued as low as $1 is taxable, the U.S. Internal Revenue Service (IRS) said in a memo Friday. In a memorandum first reported by The Block, the IRS’s Office of Chief Counsel published…

Categories: News

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