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Bitcoin Breaks Down Below Support — Is the Bullish Trend Broken? ( 04/10/2020 - 5:05am
On April 8, the Bitcoin price reached a high of $7,420. The price began to gradually decrease the next day and on April 10 it broke down below the ascending support line it has been following since March 30. Bitcoin Support Breakdown The BTC price had been following an ascending support line since March 30. Last night, the price broke down below...,, Bitcoin, Close, Short, Volume
Cryptocurrency News Roundup for April 9, 2020 ( 04/10/2020 - 3:22am
After sailing smoothly above the support level around $7,000 for a bit, Bitcoin suddenly retreated to the high-$6,000s in the early hours on Friday. A correction at this point is to be expected, but traders are on the edges of their seats waiting to see if BTC can handle another leg up. Even though the price is now just barely below the $7,000...,, Ben, Binance, Binance, Bitcoin, Bitcoin Cash, Bitcoin Cash, Bitcoin SV, Bitcoin SV, Blockchain, Breakout, Cash, Correction, Cryptocurrency, Difficulty, Global Cryptocurrency, Halving, Important People, Market, Miners, Mining, Network, Olympic, Satoshi Nakamoto, Short, Whale
Stablecoins Before and After COVID-19: The Crypto Valley Association event on April 17 ( 04/10/2020 - 2:50am
April 10, 2020, ZUG, SWITZERLAND: The Crypto Valley Association (CVA) announces its first online event with networking in the digital format: “Stablecoins Before and After COVID-19” to be held on April 17th, 14-00 CEST. Up until the present, many traders continue to use stablecoins as a hedging mechanism, payment option (cross border and deposits/...
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Whale Cycles $361M of Bitcoin Through Many Different Wallets ( 04/10/2020 - 12:15am
A whale has just moved 49,342 BTC, worth $361M, for a measly fee of $0.50. However, some have noticed that identical amounts have been circulating around various wallets recently. A transaction valued at hundreds of millions of dollars has just been processed on Bitcoin’s blockchain. The reasons for the move, however, are unclear. The BTC seems to...
Address,,, Bitcoin, Blockchain, Case, Fiat, Gains, Network, USD, Wallet, Whale
WTO: World Trade Poised to Fall Up to 32% in 2020 ( 04/09/2020 - 9:17pm
The Fed’s endless money-printing has caused many in the cryptocurrency space to argue that we could see a hyperinflationary crisis, but this does not seem to be in the short-term forecast. However, ...,, Cryptocurrency, Short
Bitcoin Difficulty Back Up to $8K+ Levels, Price Yet to Follow ( 04/09/2020 - 4:15pm
This year is shaping up to be the most dramatic in living memory for many reasons. Although the Bitcoin price got involved in the drama of late, the hashrate is quickly returning, signaling that the mining industry has not given up on the No. 1 cryptocurrency just yet. Bitcoin network difficulty, one of Satoshi Nakamoto’s masterstrokes, is rising...,, Bitcoin, Bitcoin SV, Bitcoin SV, Block, Case, Cryptocurrency, Difficulty, Digital Currency, Fear Mongering, Gains, Halving, Miners, Mining, Network, Observer, Russia, Russia, Satoshi Nakamoto, Sense, Volatility
Bitcoin Withdrawals of More Than $66M Moved Away From Exchanges ( 04/09/2020 - 1:21pm
Whales moved some $66M in BTC off of both OKEx and Bitfinex today. This may be an indication that major holders are becoming more confident that the cryptocurrency market can weather the economic ...,, Bitcoin, Bitfinex, Bitfinex, Cryptocurrency, Market, OKEx, OKEx
Security, Regulations, and Safe-Haven Assets: BeInCrypto Interview with Josh Goodbody (Binance) ( 04/09/2020 - 12:09pm
After his presentation at the Conference Exchanges in Amsterdam, BeInCrypto was able to ask a few questions to Josh Goodbody, Director for Growth and Institutional Business at Binance. In particular, we wanted to know what Binance does to insure funds, how Binance is affected by the new regulatory landscape, and how the coronavirus might affect...
Altcoins,,, Binance, Binance, Bitcoin, Blockchain, Crypto, Cryptocurrency, Danger, Distributed, Exchange, Fear Mongering, Germany, Gold, Hackers, How To, Important People, Iran, Laundering, Market, Precious Metals, Sense, Speech
How Bitcoin’s Current Upward Move Compares to Previous Bull Traps ( 04/09/2020 - 11:11am
The Bitcoin price has been increasing rapidly since reaching a low on March 13. At the time of writing, BTC is trading a full 94% above the aforementioned low of $3,760. Despite the massive increase, not everyone is convinced that BTC has already reached a bottom, One such individual is cryptocurrency trader @CryptoCapo_ , who outlined a Bitcoin...,, Bitcoin, Bollinger Band, Bull, Case, Crypto, Cryptocurrency, Steep
Analyzing the Halving Effect on Bitcoin Cash and Bitcoin SV ( 04/09/2020 - 7:10am
On April 8, Bitcoin Cash (BCH) underwent another halving, reducing its block rewards from 12.5 to 6.25 BCH per block. The decreasing block reward could be an issue going forward, since the on-chain metrics for BCH look grim, and a movement of miners to BTC is already taking place . BCH hash rate has decreased by 60% since its all-time high and is...,, Bitcoin, Bitcoin Cash, Bitcoin Cash, Bitcoin SV, Bitcoin SV, Block, Block Reward, Cash, Halving, Hash, Miners, Mining, Satoshi Nakamoto, Sense
Will Bitcoin Be Able to Move Above this Important Moving Average? ( 04/09/2020 - 4:35am
On April 6, the Bitcoin price created a bullish engulfing candlestick and moved above several important resistance levels, including the yearly open. The rally has stalled, however, since reaching the 50-day moving average (MA). Bitcoin Daily Levels The BTC price has increased significantly since reaching a low on March 13, creating at least four...,, Bitcoin, Breakout, FLIP, Short
Stock Market Volatility on Par With 1929, Says Analyst ( 04/09/2020 - 4:15am
Many are celebrating the gains in the stock market as of late, seeing it as evidence of a recovery. However, one analyst is calling their bluff—and arguing this is exactly what happened in 1929. If history is our guide, crashes and depressions seldom happen all at once. Instead, it takes time; there is major volatility as the market finds its...
Bear,,, Bitcoin, Close, Cryptocurrency, Gains, Halving, How To, Market, United States, Volatility
Cryptocurrency News Roundup for April 8, 2020 - BeInCrypto ( 04/09/2020 - 2:36am
Cryptocurrency News Roundup for April 8, 2020 BeInCrypto, Cryptocurrency
Cryptocurrency News Roundup for April 8, 2020 ( 04/09/2020 - 2:20am
Bitcoin continued eying the barrier $7,500 barrier on Wednesday as the prevailing bullish momentum kept the support around $7,000 firmly intact. At one time, BTC went as high as $7,410 before retreating to just over $7,300 at the time of publishing. That said, the BTC price is now approaching the middle Bollinger Band, which coincides with the...
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2015 Bitcoin Fractal Predicts New Upward Move in December ( 04/09/2020 - 1:15am
On March 12, the Bitcoin price began a rapid decrease and reached a low of $3,850 the next day. However, it proceeded to move upward and reached a weekly close above the 200-week moving average (MA). Since its inception, the BTC price has never closed below this MA. Cryptocurrency trader @davthewave tweeted a long-term BTC chart that shows two...,, Bitcoin, Close, Cryptocurrency, Long
Tesla to Cut Workers’ Pay After Elon Musk Called Coronavirus Panic ‘Dumb’ ( 04/09/2020 - 12:15am
It seems that the coronavirus pandemic and its economic fallout are no laughing matter anymore for even the naysayers. It’s been revealed that Tesla will be cutting pay for its workers up to 30%. Elon Musk gained some notoriety when he tweeted on March 6 that “the coronavirus panic is dumb.” The tweet garnered hundreds of thousands of replies and...,, Blockchain, Ethereum, Verge
Will Altcoins Surge Following Falling Bitcoin Dominance Rate? ( 04/08/2020 - 9:15pm
On March 25, the Bitcoin dominance rate reached a high of 67.99%, well into an important resistance level. However, it was rejected sharply and has been decreasing ever since. A falling BTC dominance rate indicates that altcoins are surging or decreasing at a slower rate than Bitcoin. Recently, we have seen several altcoins surge upwards. In order...
Altcoin, Altcoin, Altcoins,,, Bitcoin, Dominance, Long, Market, Stocks
US Car Sales Plunge to Lowest Level Since Great Recession ( 04/08/2020 - 8:10pm
Car sales have plunged 38% so far this year to a level that has not been seen since the 2008 Great Recession. With much of the world still under lock-down, most everyday people are lacking stable income. With consumer sales down significantly, most industries are seeing a drastic slump in sales across the board. As BeInCrypto reported previously,...
Banking Cartel,,, Bitcoin, Cryptocurrency
Former UFC Fighter Changes His Name to Promote Bitcoin on Twitter - BeInCrypto ( 04/08/2020 - 6:24pm
Former UFC Fighter Changes His Name to Promote Bitcoin on Twitter BeInCrypto, Bitcoin
Former UFC Fighter Changes His Name to Promote Bitcoin on Twitter ( 04/08/2020 - 6:15pm
Ben Askren, often known as “Funky,” is a former UFC fighter and Olympic wrestler. He also a dedicated Bitcoin fan — so much so, in fact, that he changed his name on Twitter to prove it. Ben Askren is a wrestling champion that you may know as “Funky.” As the former ONE Welterweight Champion and Bellator Welterweight Champion, he has competed in the...
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These 2 Altcoins Could Increase Considerably During April ( 04/08/2020 - 5:15pm
During the past week, several altcoins have been creating bullish formations and initiated upward moves afterward, moving toward their previous highs. Combined with the falling Bitcoin dominance rate, we could see more altcoins beginning to increase rapidly. In this article, we will take a look at two coins that we believe have major potential for...
Altcoins,,, Bitcoin, Cardano, Coin, Cryptocurrency, Dominance, Gains, Long, Ravencoin, RSI, Satoshi Nakamoto, Short
Bitcoin SV (BSV) Rises Before Its Halving Event in Less Than 2 Days ( 04/08/2020 - 4:14pm
Bitcoin SV (BSV) is rallying in the days before its halving event. It remains to be seen whether the price increase will stick after the event passes. With Bitcoin Cash’s halving happening today, another Bitcoin fork will become scarcer tomorrow: Bitcoin SV (BSV). The controversial fork will see its emission rate drop by half after the halving...,, Bitcoin, Bitcoin Cash, Bitcoin Cash, Bitcoin SV, Bitcoin SV, Block, Cash, Constant, Cryptocurrency, Emission, Halving, Market, Mining, Network, Satoshi Nakamoto, USD
Outlining Bitcoin’s Wave Count Since the March 13 Bottom ( 04/08/2020 - 1:15pm
The Bitcoin price has been increasing since reaching a low on March 13. The increase has taken the form of an ascending wedge. In addition, it is possible that the price is following an A-B-C wave count. Bitcoin trader @Mesawine1 outlined what he believes is the correct wave count in both short- and long-term time-frames for the Bitcoin movement...,, Bitcoin, Correction, Crypto, Long, RSI, Short, Waves
Bitcoin May Continue to Dominate Crypto Markets in 2020 ( 04/08/2020 - 12:00pm
Digital asset markets have started to recuperate this month with Bitcoin leading the charge, as it has done in previous recoveries. Industry analysts have envisioned this trend continuing, with BTC remaining in the driver’s seat for the wider cryptocurrency market. So far this month, Bitcoin (BTC) has gained almost 14 percent as it returns to...
Altcoins,,, Bitcoin, Blockchain, Crypto, Cryptocurrency, Difficulty, Dominance, Ethereum, Exchange, Fiat, Gains, Gold, Halving, Hash, Litecoin, Market, Miners, Mining, Precious Metals, Safe Haven, Stocks, Wallet, Weak Hands
Andreas Antonopoulos Sued for Plagiarism for “Internet of Money” - BeInCrypto ( 04/08/2020 - 9:51am
submitted by /u/officenarwhal [link] [comments], https://www.reddit.comBitcoin, Reddit.com…
Bitcoin Establishing Elliott Formation Inside Ascending Wedge ( 04/08/2020 - 8:43am
On April 2, the Bitcoin price broke out above an important resistance area found at $6,800. Afterward, it validated this level as support and has been increasing since, breaking through the $7,000 resistance level without difficulty. The price reached a high of $7,452 before correcting back to $7,300. Bitcoin Ascending Wedge The BTC price has...,, Bitcoin, Case, Close, Difficulty, RSI, Short
Jed McCaleb Receives Another 63M XRP ($12.2M) From His Settlement ( 04/08/2020 - 8:10am
As per a longstanding agreement, Stellar’s founder and Ripple’s former co-founder is set to receive another 63M XRP. In 2011, Jed McCaleb founded Ripple. Embroiled in multiple lawsuits, McCaleb has been restricted from selling his entire stash of over 4.7 billion XRP. His stunningly-high holdings have been a constant thorn in Ripple’s side and...
Altcoins,,, Constant, Crypto, Cryptocurrency, Dump, Market, Ripple, Scam, Stellar, Stellar, Token, USD, Wallet, Whale, XRP
Cryptocurrency News Roundup for April 7, 2020 ( 04/08/2020 - 3:11am
Today is the day when Bitcoin Cash (BCH), the fifth-largest cryptocurrency by market cap, goes through its third halving. Much akin to its big brother Bitcoin, BCH will also see block rewards dropping from 12.5 to 6.25 BCH and the inflation coming down from 3.64% to just under 2% following the event. Because the BCH halving is happening about a...,, Binance, Binance, Bitcoin, Bitcoin Cash, Bitcoin Cash, BitMEX, BitMEX, Block, Breakout, BROTHER, Bubble, Bubble, Cash, Chainlink, Cryptocurrency, Exchange, Flash, Futures, Halving, Hash, Horizon, Huobi, Huobi, Inflation, Market, Network, OKEx, OKEx, Spot, Volume
CMC100-Report (Week 14/2020): Cryptocurrencies close Ranks ( 04/08/2020 - 2:49am
There were not many significant movements within the ranking of the top 100 cryptocurrencies this week. There was however a tendency of market caps drawing closer to each other. As such, the biggest gainers showed in the the bottom half of the CMC100. The biggest gainers this week were Energi (NRG), Quant (QNT), and Digitex Futures (DGTX). There...
Altcoins,,, Bitcoin, Cardano, Chainlink, Close, Coin, Crypto,,, Cryptocurrency, Dash, Decred, Decred, DigiByte, DigiByte, Digitex Futures, Dominance, Energi, Ethereum, Fiat, Futures, Gainer, Huobi, Huobi, Huobi Token, ICON, Liquidity, Market, Nano, Network, Quant, Token, Volatility, Volume, XRP
Binance User Accuses Exchange of Embezzling Nearly $1M in Crypto: Report ( 04/08/2020 - 2:15am
Representatives of HackControl reportedly said that they are investigating a case of alleged embezzlement involving Binance. The exchange is accused of misappropriating funds without explanation. BeInCrypto cannot independently verify the accusations, but a serious claim has been levied against Binance. According to representatives of HackControl...
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5G-Coronavirus Conspiracy Theories Force British Government Intervention ( 04/07/2020 - 10:10pm
There has been a significant number of conspiracy theories and ‘expert opinions’ in the past few days about the coronavirus and its supposed relation to 5G communication technology . What started as a bit of a crackpot theory, has now gathered steam into a full-blown movement, forcing the British government to step in. A recent report from the BBC...,, Burned, China, International..., Iran, Japan, Mainstream Media, United Kingdom, Waves
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