This holiday shopping season, hundreds of women are earning their first bitcoin by buying items online with an in-browser app called Lolli. Revealed exclusively to CoinDesk, cosmetics chain Sephora has joined the list of retailers where shoppers can earn cash back, in the form of bitcoin, through an app called Lolli. The bitcoin rewards startup says it won over the beauty chain with data: specifically, 30 percent of the app’s thousands of users are women. “We’ve gone back to a lot of these retailers that previously were not interested but now are coming on-board,” Lolli CEO Alex Adelman told CoinDesk. “One of the biggest ones that just joined us is Sephora, which adds an entire suite of retailers in the beauty category.” Lolli’s partners, including beauty retailers like Ulta and fashion br
Since the bear market hit the crypto ecosystem head-on, investors exposed to this helter-skelter asset class have been deterred at large. Not only have the value of cryptocurrencies, such as Bitcoin (BTC), declined drastically, but hype and interest surrounding this market have largely been exhausted. Nevertheless, there remain many libertarian-leaning zealots that will hold on to cryptocurrencies, even until the bitter end. And as such, it should come as no surprise that Bitcoin’s fanatics have come to its defense at a dreary time.Potential Payoff In Crypto Presents “Nice Opportunity” As bears have struck with no holds barred, Bloomberg TV has called upon a number of crypto’s eminent insiders to get an inside scoop. Most recently, the famed financial news outlet brought on Eric Ervin, the
Bitcoin sure peaked everyone’s interest in 2018. While it’s price may have been something of a letdown, the asset itself continued to intrigue members of the public well into the year.Internet Bitcoin Searches Were HighBitcoin has proven to be something of an enigma over the past 12 months. While the currency ultimately reached its peak of nearly $20,000 last December, it has since entered a phase of consistent drops that has caused it to lose over 80 percent of its value. At press time, it is trading for just over $3,300, leading many crypto enthusiasts – particularly long-term investors and hodlers – to sulk and stew in their rooms.But even though the price drops never let up, bitcoin appeared to retain its following. A new Bloomberg report suggests that among the top Google searches for
Bitcoin (BTC) tumbled to 15-month lows earlier today, dashing hopes of a rally signaled by current extreme oversold conditions. The world’s largest cryptocurrency by market capitalization fell to $3,200 on Bitstamp at 00:15 UTC – the lowest level since September 2017. BTC was trapped in a five-day-long narrowing price range 24 hours ago and showed signs that it might break upwards with a strong move toward the crucial resistance at $3,633. These bullish expectations were based largely on a premise that the sellers are facing exhaustion, as indicated by the 14-week relative strength index (RSI), having engineered a 49 percent price drop in the last four weeks. Further, evidence of bargain hunting had emerged earlier this week in the form of a three-day inverted hammer candle. Even so, BTC d
Just weeks ago, as Bitcoin (BTC) walked the fine line between a breakout and lower lows, Amun, a London-based fintech firm, suddenly divulged that it was slated to launch its “HODL5″ exchange-traded product (ETP) on Switzerland’s SIX exchange. Amun’s announcement instantaneously garnered attention from the bulk of the cryptosphere’s eyes and ears, with everyone and their mother discussing the”game-changing” vehicle, which put a spotlight on BTC, Ethereum (ETH), and XRP.Speaking with Financial Times regarding the product, Amun CEO and co-founder Hany Rashwan explained that the ETP would be an enticing offering for both institutional players and retail traders alike, as it would provide secure and regulatory-compliant exposure to cryptocurrencies. And with that in mind, HODL5 became the ral
Key PointsBitcoin cash price tumbled heavily below the $150 and $100 support levels against the US Dollar.There is a significant bearish trend line formed with resistance at $110 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair seems to be struggling below $100 and it could decline further below $80 and $75.Bitcoin cash price settled below the key $100 support against the US Dollar. BCH may slide further towards $75 if bitcoin breaks the $3,200 support.Bitcoin Cash Price AnalysisThe past few weeks were pretty bearish for bitcoin cash price below the $150 support against the US Dollar. The BCH/USD pair tumbled and broke the $125, $110 and $100 support levels. There was a close below the $100 pivot and the 55 simple moving average (4-hours). A new multi month low was...
A few hours ago Bitcoin revisited its lowest level in 2018. After a week of down trending and failure to break key resistance levels this latest plunge comes as no surprise.Bitcoin Revisits 2018 LowWith a 5% slide Bitcoin dumped from $3,450 down to $3,284 during intraday trading. This repeats the yearly low it made almost a week ago on December 8. According to Coinmarketcap BTC fell sharply around 19.00 UTC after spending most of the week above $3,400.Bitcoin reached $3,680 briefly on Monday but has been in a downward slide ever since, hitting the bottom a couple of hours ago before rebounding a little. At the time of writing BTC was trading at just over $3,300. It is the second time it has hit this level and is likely to stay there for a while before falling further.Bitcoin has almost hal...
According to new data, initial coin offerings (ICOs) aren’t as popular as they once were in the crypto arena, and prices of respective ICO projects have fallen by approximately 95 percent or more.From Crypto Riches to RagsThere was a time when the crypto space was wrought with ICOs, and their popularity was at an all-time high. The process of an ICO seemed simple enough. Most of the time, a new business venture or startup sought to raise capital by offering investors who pooled money into their projects access to a special, newly-designed cryptocurrency that could allegedly grant them access to the company’s goods and services. The startup in question earned the money it needed, and investors now had a new coin they could add to their profiles. It was a win-win situation – at least they th
Key PointsBitcoin price declined further and broke the $3,295 and $3,200 supports against the US Dollar.There was a break below a major contracting triangle with support at $3,355 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price traded to a new weekly low at $3,150 and it is currently correcting losses.Bitcoin price declined below the $3,200 support recently against the US Dollar. BTC could continue to face a lot of selling interest near the $3,350 and $3,375 levels.Bitcoin Price AnalysisYesterday, we discussed the chances of a fresh weekly low below $3,200 in bitcoin price against the US Dollar. The BTC/USD pair did trade lower and broke the $3,295 and $3,260 support levels. The price even broke the $3,200 support area to signal a major bearish wave. A new weekly ...
Are the trading volumes of the world’s leading crypto exchanges fake? New evidence says “yes.”Hey, Crypto Guys! Quit Lying!According to a report published by the Blockchain Transparency Institute, approximately 87 percent of the trading volumes of the world’s top 25 crypto exchanges are false. In fact, most exchanges have turned the process into a solid money-making habit.Embellishing one’s cryptocurrency volume is called “wash trading.” Exchanges exaggerate the popularity or selling power of specific cryptocurrencies, giving them the power to charge coin networks $50,000 or more to list their coins on the exchanges’ respective trading platforms. In addition, exchanges are also able to charge more for initial coin offering (ICO) listings, as exchange-listed ICOs typically attract more inve