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Ethereum Price and Technical Market Analysis 13th December 2019 (bitcoinnews.com) 12/13/2019 - 5:51pm
Ethereum price continues to consolidate over the price range $138-143. If the fall will continue, the final target of sellers is $116. A slight price rebound after the fall from 18 November by 38.2% slightly increases the probability of the price fall continuation. Yesterday’s trading day on Ethereum market ended with another unsuccessful attempt...
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Bitcoin Price and Technical Market Analysis 13th December 2019 (bitcoinnews.com) 12/13/2019 - 1:48pm
Bitcoin price stopped before the local mark $7,060 with the intention of reversal and test $7,550-7,800. Trading volumes do not indicate the fall continuation during the current attack of sellers. Continuation of Bitcoin price trading in consolidation is the most likely scenario by the end of the week. After an unsuccessful attempt to break...
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Daily Trending Bitcoin News and Market Sentiment: $100,000 Bitcoin, Riot Mining Adds 1,000 S17-Pro AntMiner (bitcoinnews.com) 12/13/2019 - 1:01pm
Bitcoin looks to climb beyond a daily high of USD 7,284 Ross Ulbricht claims Bitcoin will see USD 100,000 by 2020 Riot Blockchain has expanded its Bitcoin mining facility to increase its hash rate share to 248 petahashes per second Bitcoin trading has not changed much, with only USD 100 separating the daily high and low, but Bitcoin bulls will be...
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ING Bank is Developing Custody For Crypto (bitcoinnews.com) 12/13/2019 - 11:44am
ING, a Dutch based multinational bank, is reportedly developing a technology which will provide custody to cryptocurrencies. Netherlands-based ING is working towards developing a crypto custody which will allow clients to safely store and secure their digital assets. In a report by Reuters, a group of developers are working on this technology in...
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BitMEX Adopts SegWit as Exchange Embraces Bitcoin Scalability (bitcoinnews.com) 12/12/2019 - 6:48pm
Crypto derivatives exchange BitMEX has adopted SegWit, resulting in transaction fee savings for users BitMEX has announced that they have enabled withdrawal support for Bech32 Segregated Witness (SegWit) addresses, although for deposits customers must still send to a regular multi-signature address. This upgrade reduces transaction fees for...
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Daily Trending Bitcoin News and Market Sentiment: BitMEX Goes SegWit, ING Bank in Crypto Custody (bitcoinnews.com) 12/12/2019 - 3:51pm
Bitcoin price is showing a slightly bullish tendency as American traders begin their Thursday Crypto exchange BitMEX announces native Segregated Witness (SegWit) integration for Bitcoin ING bank is developing custodial services for digital assets, catering to institutional investors Bitcoin markets showed a tendency to sell off almost as soon as...
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59% of Bitcoin Supply Being HODLED (bitcoinnews.com) 12/12/2019 - 6:35am
A Delphi Digital report shows that 59% of the Bitcoin supply is being HODLED According to a report from crypto research firm Delphi Digital, the amount of Bitcoin HODLING is at all-time highs, with 59% of the entire Bitcoin supply being held for more than one year. The amount of Bitcoin that has been held for more than two years is crawling...
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Nike Receives Blockchain Sneakers Patent (bitcoinnews.com) 12/11/2019 - 6:58pm
Nike enters the blockchain arena by patenting its new ‘cryptokicks’ By tokenizing its shoes, the shoes will become non-fungible in nature, among other features Nike has secured a patent to tokenize its shoes, making it the first multinational footwear giant to enter the blockchain space. As previously reported on BitcoinNews.com, the footwear...
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Daily Trending Bitcoin News and Market Sentiment: China Central Banker Joins Tech, Lithuania Says Crypto Doesn’t Need Central Bank Parents (bitcoinnews.com) 12/11/2019 - 1:22pm
Bitcoin slips to USD 7,131 but avoids testing the key support level for the moment A former Chinese central bank executive is now heading a new tech regulation division The Bank of Lithuania urges central banks to be more open towards crypto and should not seek to exert “parental control” Bitcoin fared a little worse today, slipping several...
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Ethereum Price and Technical Market Analysis 11th December 2019 (bitcoinnews.com) 12/11/2019 - 9:53am
The threat of the fall continuation to $115 is possible after Ethereum price will fix below $135. Marginal positions of buyers have completed their fall, but the improvement of the mood of buyers is not felt. If buyers keep the lower limit of created triangle then we will expect the formation of a wave (e) with a target $150. The initiative of...
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Bitcoin Price and Technical Market Analysis 11th December 2019 (bitcoinnews.com) 12/11/2019 - 6:37am
Sellers confidently broke the bottom trend line of the triangle on a daily timeframe. The volumes and the nature of the candle on small timeframes indicate that buyers are not ready to counterattack now. A sharp reversal of sellers trend is probable from the critical point at $7,060. The breakthrough of the triangle trend line has been confirmed...
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Bitcoin: Investment of the Decade? (bitcoinnews.com) 12/10/2019 - 3:06pm
When compared to the world’s top 10 companies in terms of capital quantum, Bitcoin’s increase in value is the highest with a return of USD 9.2 million on a USD 100 investment. Amazon, Apple and Visa are the only three companies with a return percentage of more than 1,000% (3,156%, 2,345% and 1,597% respectively) China’s Alibaba had the worst-...
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Daily Trending Bitcoin News and Market Sentiment: JPMorgan Blockchain in Japan, Sweden Approves Crypto ETP (bitcoinnews.com) 12/10/2019 - 11:41am
Late afternoon European trading sees Bitcoin recording a daily low at USD 7,229 JPMorgan blockchain network is due to set up roots in Japan by early 2020 Swedish regulators approve Amun to sell crypto asset ETPs in the EU Bitcoin markets are in a current slump as price gave up some ground in the last few hours, with Bitcoin trading at a daily low...
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Bitcoin Price and Technical Market Analysis 10th December 2019 (bitcoinnews.com) 12/10/2019 - 7:48am
An unsuccessful test of $7,550-7,800 in the Bitcoin market caused a sharp counterattack of sellers. Sellers broke the bottom trend line of the black triangle. High probability of the fall continuation to $7,060. Yesterday’s Bitcoin price movement ended with a failed attempt of buyers to seize $7,550-7,800. After that, sellers immediately organized...
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First Golden Cross on Weekly Bitcoin Chart Since May 2016 (bitcoinnews.com) 12/10/2019 - 3:10am
A golden cross, a possible bullish indicator, has occurred on the weekly Bitcoin chart after a 3-year absence Bitcoin just had a golden cross on the weekly chart for the first time since May 2016, which is approximately 3.5 years ago. A golden cross is a bullish sign for the crypto space. Indeed, the last time Bitcoin had a golden cross on the...
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Ethereum Price and Technical Market Analysis 9th December 2019 (bitcoinnews.com) 12/09/2019 - 2:52pm
Ethereum price continues to be near the critical price range $138-145. In the second half of last week, buyers started a growth attempt which is still going on with a local target of $171. With each new local low, trading volumes in Ethereum market decrease, indicating a close completion of the trend of sellers. Last trading week on Ethereum...
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Bitcoin Price and Technical Market Analysis 9th December 2019 (bitcoinnews.com) 12/09/2019 - 11:27am
Bitcoin price stops before new sharp movement. Buyers continue to consolidate below the price zone $7,550-7,800. The main scenario of the fall continuation to $5,550 remains valid. The new trading week in Bitcoin market began with a price stop before the yellow range $7,550-7,800. Buyers didn’t try to change the market situation especially at the...
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Daily Trending Bitcoin News and Market Sentiment: New US Miner, China CBDC Test (bitcoinnews.com) 12/09/2019 - 8:06am
Bitcoin is in a narrow trading range around USD 7,500 for the second day in a row A new Bitcoin mining facility backed by Winklevoss is being built in the United States China is to embark on the first real-world use case of a central bank digital currency (CBDC) Bitcoin price has been in an extremely tight range since Sunday, and Asian Monday...
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Bitcoin Price and Technical Market Analysis 8th December 2019 (bitcoinnews.com) 12/08/2019 - 3:27pm
The weekly candle closes below the critical range $7,550-7,800. Passiveness of sellers on weekends gives the chance to continue consolidation with new attempts to fix above $7,550-7,800. The initiative still belongs to sellers and after fixing below $7,060 the price will sharply fall to $5,550. This week, the weekend was quite passive in the...
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Ethereum Price and Technical Market Analysis 7th December 2019 (bitcoinnews.com) 12/08/2019 - 7:17am
The price range of $138-145 remains under the control of buyers. The average Ethereum price movement is 3%, which is quite passive for such a coin. The critical point of this asset is the price mark $171. Yesterday’s trading day on Ethereum market was at the usual for this week pace. The price range was no more than 3%. Daily candle does not...
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Bitcoin Price and Technical Market Analysis 7th December 2019 (bitcoinnews.com) 12/07/2019 - 2:22pm
Buyers stopped in front of the critical price range $7,550-7,800. Trading volumes are not sufficient for a sharp downward or upward movement. The probability of consolidation continuation is high. Sellers stopped at $7,100 and corrected the previous wave of growth by 61.8%. To move to $8,500, it is necessary to fix above $7,640. The working...
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Daily Trending Bitcoin News and Market Sentiment: SEC Approves BTC Futures, BIS GM Now Likes CBDC (bitcoinnews.com) 12/07/2019 - 9:19am
Bitcoin is pushing upwards as a daily high of USD 7,619 looks to be breached The US SEC has given approval to the NYDIG Bitcoin Strategy Fund to offer shares to institutional investors BIS general manager Agustin Carstens says that central banks could build more efficient and inclusive financial systems using CBDCs Bitcoin markets have flung aside...
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Blockchain-Based Brave Browser Surpasses 10 Million Active Users Per Month (bitcoinnews.com) 12/06/2019 - 6:58pm
The blockchain-based Brave browser is seeing increasing adoption and has surpassed 10 million active users per month The number of people who actively use the Brave browser has grown from 8.7 million in October to 10.4 million in November, an increase of 19%. Further, the Brave browser has seen consistent growth all year , with the number of...
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New Hindu Nation Off Ecuador Will Use Crypto (bitcoinnews.com) 12/06/2019 - 8:58am
A new island nation off the coast of Ecuador called the Republic of Kailaasa plans on using cryptocurrency The crypto will be based on a Dharmic economy where people get wealth by being charitable Nithyananda, a Hindu spiritual leader who has numerous followers but is technically a fugitive on the run from Indian authorities, is establishing the...
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Ethereum Price and Technical Market Analysis 5th December 2019 (bitcoinnews.com) 12/05/2019 - 6:59pm
Sellers lose strength in the price zone $140-145. Sellers’ marginal positions have sharply decreased under the influence of yesterday’s price growth. $171 is still the final point of probable growth. Yesterday’s situation with the emotional local price reversal in Bitcoin market had impacted Ethereum price. However, the range of Ethereum price...
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Kazakhstan Decides not to Tax Cryptocurrencies (bitcoinnews.com) 12/05/2019 - 5:18pm
No tax on crypto mining in Kazakhstan until crypto is converted to fiat In a bold move, the Kazakhstan government has announced that it won’t target cryptocurrency for taxation purposes in its territory until it are converted into fiat currency. The move was reported by a local business publication named Kursiv. According to the reports, a...
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CREDIT Crypto a Hit Among Emerging Markets (bitcoinnews.com) 12/05/2019 - 8:49am
Johannesburg blockchain project and trading platform TERRA has been making headway via 8 products designed specifically for emerging markets like Nigeria. These 8 products are complementary to TERRA’s main offering, the decentralized cryptocurrency CREDIT. Product Line Up The products — MiniPOS, Terra.Credit, Terra Hub, The Tellus Ecosystem, Terra...
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Bitcoin Price and Technical Market Analysis 5th December 2019 (bitcoinnews.com) 12/05/2019 - 8:19am
After the test of $7,100, buyers organized an aggressive counterattack. Fixing above $7,500-7,800, buyers will create a new signal to continue growth with the first target $8,500. Marginal positions of buyers have reached their historical high. Yesterday, the movement of Bitcoin price was quite interesting and intense. Buyers and sellers...
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Bitfinex Users Can Use Bitcoin Lightning Network to Shop (bitcoinnews.com) 12/05/2019 - 12:39am
Bitfinex has announced a partnership with Bitrefill, allowing users to instantly buy goods and services with Bitcoin Only days after Bitfinex announced that it had become the first major crypto exchange to integrate the Lightning Network, which facilitates instant deposits and withdraws for practically zero fees, Bitfinex has announced that it has...
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Blockchain Will Decrease Supply Chain Costs in Western Europe (bitcoinnews.com) 12/04/2019 - 6:59pm
A study shows blockchain use in the supply chain of Western Europe could decrease costs by USD 450 billion Industrial businesses can expect 25% increase of gross return on capital by 2035 According to a study conducted by Cointelegraph Consulting and Switzerland based blockchain firm Insolar, costs relating to supply chain in Western Europe could...
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Bakkt CEO Appointed US Senator (bitcoinnews.com) 12/04/2019 - 4:29pm
Bakkt CEO Kelly Loeffler was officially appointed this morning to fill a vacant United States Senate seat for the state of Georgia She will serve at least until 20 January 2021 and could even run for office in November elections to remain in Congress The Governor of Georgia, Brian Kemp, has officially appointed Bakkt CEO Kelly Loeffler to fill a...
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Bitcoin Price and Technical Market Analysis 4th December 2019 (bitcoinnews.com) 12/04/2019 - 9:34am
Buyers approached to the critical point $7,100 by passively pushing the price. Marginal positions of buyers continue to grow, despite the great prospect of the fall continuation. If buyers don’t keep $7,100, the next local target is $6,800. Yesterday’s trading day on Bitcoin market ended quite calmly. Sellers with the same passive pace tried to...
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Bitfinex First Major Crypto Exchange to Integrate Lightning Network (bitcoinnews.com) 12/03/2019 - 6:56pm
Bitfinex has become the first major cryptocurrency exchange to integrate the Lightning Network, facilitating instant deposits and withdraws Capacities are 1.5 BTC for withdrawals and 3.5 BTC for deposits Bitfinex has announced that they are now running a full Lightning Network node, which allows customers to open up payment channels for instant...
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Binance CEO: Turkey Among Most Crypto Progressive Countries (bitcoinnews.com) 12/03/2019 - 3:45pm
Changpeng Zhao praised Turkey’s role in blockchain development during an address at the Turkish Capital Markets Summit The open-minded approach of Turkey to innovation will drive crypto adoption Binance CEO Changpeng Zhao has lauded the role of the Turkish public and government in the development of the blockchain sector and has said that Turkey...
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Ethereum Price and Technical Market Analysis 3rd November 2019 (bitcoinnews.com) 12/03/2019 - 1:10pm
Sellers continue to dominate the market. To improve their mood, buyers need to conquer the price mark $167. Continuation of consolidation in the range $135-160 is a likely scenario for a whole week. The previous trading week on Ethereum market ended with a test of the purple range $135-140 and a temporary stop of the price fall. Although, sellers...
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Daily Trending Bitcoin News and Market Sentiment: Bullish Crossovers, Swiss Bitcoin ETP, Bitfinex Gets Lightning (bitcoinnews.com) 12/03/2019 - 10:26am
50-week and 100-week MA crossovers due next week, suggesting incoming bull run Swiss stock exchange SIX lists physically-settled Bitcoin exchange-traded product Bitfinex announces Lightning Network exchange transactions Bitcoin refuses to give up in mid-week trading, retesting yesterday’s low again at about USD 7,238 ( CoinDesk ) but generally...
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Bitcoin Price and Technical Market Analysis 3rd December 2019 (bitcoinnews.com) 12/03/2019 - 6:53am
Buyers can’t fix above $7,500-7,800. Marginal positions of buyers are constantly growing and it does not correspond to the market situation. If buyers do not keep $7,100, the final target of the fall is $5,550. The new trading week in Bitcoin market has begun with the update of the local low and the test of Bitcoin price $7,206. Buyers for the...
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Blockchain-Based P2P Solar Energy Trading a Reality in India (bitcoinnews.com) 12/02/2019 - 3:10pm
India’s Uttar Pradesh state ties up with Australian blockchain startup Power Ledger to facilitate peer-to-peer solar energy trading Uttar Pradesh, the largest state in India by population, has developed a blockchain-based solar energy trading infrastructure. The government buildings in Uttar Pradesh will use solar devices to generate electricity,...
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Daily Trending Bitcoin News and Market Sentiment: Macro Bear Over, Neural BTC Price Predictions? (bitcoinnews.com) 12/02/2019 - 5:15am
Asian profit-taking has bumped Bitcoin price down but USD 7,200 is stubbornly holding Bullish daily charts, MACD and oversold RSI align to suggest the macro bear market is over Indian data scientist Abhinav Sagar claims to have cracked neural price prediction in crypto markets Bitcoin markets are fighting hard to ensure they do not lose the gains...
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Bitcoin Price and Technical Market Analysis 1st December 2019 (bitcoinnews.com) 12/01/2019 - 10:00am
Bitcoin price fell by almost 30% in November. The critical point for buyers is USD 6900. The test of USD 9500 with possible upward growth up to USD 11,500 is a probable scenario for buyers if they fix above USD 7800. The time has come to summarize the month’s trade in the Bitcoin market and try to determine the future global scenario. As we see in...
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Bakkt CEO Kelly Loeffler Will Likely Become the Senator of Georgia This Week (bitcoinnews.com) 12/01/2019 - 5:00am
Bitcoin advocate and CEO of Bakkt, Kelly Loeffler will likely become the Senator of Georgia early this week According to a report in The Atlanta Journal-Constitution (AJC), the CEO of Bakkt, Kelly Loeffler, will likely be appointed as the Senator of Georgia early next week. This appointment is happening due to Senator Johny Isakson stepping down,...
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IBM Patents IoT And Blockchain Technology To Stop Drones From Stealing Packages (bitcoinnews.com) 11/30/2019 - 11:15pm
IBM has patented a system which integrates blockchain and IoT to detect if a drone steals a package Major shipping companies like Amazon, DHL, and FedEx have been developing drones that deliver packages, in order to cut down on delivery costs and time. However, IBM thinks drones may be used by criminals to steal packages, especially considering...
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Red Cross Takes to Blockchain to Boost Economy in Third World Countries (bitcoinnews.com) 11/30/2019 - 4:00pm
Red Cross societies of Norway, Denmark and Kenya launched blockchain-backed “local currencies” as a two-year scheme to mitigate the problems related to hard cash. Testing has already begun in Kenya and Ethiopia. The projects aim to reach 320,000 users in two years. In the rural areas of Kenya, the citizens face a very common problem associated...
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Ethereum Price and Technical Market Analysis 30th November 2019 (bitcoinnews.com) 11/30/2019 - 2:00pm
Before the range USD 155-160, the growth dynamics are slowing and the volumes are increasing. If it will be an unsuccessful attempt to fix above USD 160, it’s important for buyers to keep the mark USD 148 to continue their growth. In case of a breakdown of the price mark USD 166, the falling trend from 27 June will be completed. The trading week...
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Bitcoin Price and Technical Market Analysis 30th November 2019 (bitcoinnews.com) 11/30/2019 - 12:49pm
Trading volumes decrease with each growth candle. Sellers are weak in the price zone of USD 7550-7800. After fixing over the mark of USD 7800, the next target of buyers is USD 8800. Yesterday’s trading day on the market ended with Bitcoin price growth by 5%. It is quite easy for buyers to raise the price in the local price zone of USD 7550-7800...
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Ghana May Launch National Digital Currency in Near Future (bitcoinnews.com) 11/29/2019 - 6:51pm
Ghana central bank will lead a pilot of a national blockchain-based digital currency likened to a stablecoin Ghana recorded 1.4 billion Mobile Money transactions in 2018, with e-payments booming in the country The Governor of the Bank of Ghana, Ernest Addison, has announced that the Central Bank and key stakeholders are piloting a digital currency...
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Bitcoin Price and Technical Market Analysis 29th November 2019 (bitcoinnews.com) 11/29/2019 - 4:01pm
Seller passiveness gives hope for growth continuation to local target of $8,170. In case of active growth continuation, the final target of buyers is $9,100-9,300. Yesterday’s trading day on the Bitcoin market ended without much intrigue and excitement. After a sharp 11% growth of Bitcoin price on 27 November, the price stopped before the yellow...
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Daily Trending Bitcoin News and Market Sentiment: German Banks Love Crypto, Bounce Incoming? (bitcoinnews.com) 11/29/2019 - 12:16pm
The crypto markets are not faltering yet in their current rally, which has seen Bitcoin rise from around USD 6,500 just four days ago to a new weekly high so far today of USD 7,801 just minutes ago at 3:45 pm London time, just as North America takes over from Europe ( CoinDesk ). Tether is the only coin showing losses in the Top 10 by market...
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New German Law Allows Banks to Offer Crypto (bitcoinnews.com) 11/29/2019 - 10:24am
German banks may be allowed to offer cryptocurrency-related services through a new draft law in the Bundestag Previously, banks could only use 3rd-party services for crypto-related investments A new draft law being considered by the German parliament the Bundestag allows banks to deal in cryptocurrencies including Bitcoin . If eventually passed,...
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PR: MultiChain Crypto Project Traders Token (TRDS) Listed on First Cryptocurrency Exchange (bitcoinnews.com) 11/29/2019 - 6:03am
Cryptocurrency and Ethereum News: Traders’ Token ​ has announced that it has successfully listed on its first cryptocurrency exchange and is looking to become available on several other exchanges in the near future. November 2019. Traders’ Token ​ is a state-of-the-art ​ multi-chain cryptocurrency project​ that is looking to offer a portfolio-...
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