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Bitcoin (BTC) Price Approaching Next Crucial Break: $11,500 Holds Key
08/10/2019 05:08

Bitcoin price is still struggling to gain bullish momentum above the $12,000 resistance against the US Dollar. The price is likely setting up for the next break either above $12,000 or towards $11,500. There is a new contracting triangle forming with resistance near $11,920 on the hourly chart of the BTC/USD pair (data feed from...

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Continued Bitcoin Correction Could Cause Lead to Altcoin Market Double Bottom
08/10/2019 03:00

The start of 2019 saw Bitcoin, altcoins, and the total crypto market cap all reaching their "bottom," and have all since risen USD in value by 100% or more.  But at the start of April, Bitcoin continued to rally while altcoins have only bled out and capitulated, falling most sharply in their ratios against Bitcoin....

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Global System to Combat Crypto-Driven Money Laundering in Development
08/10/2019 02:00

Regulators across the globe and in the United States are taking a tougher stance on Bitcoin and other cryptocurrencies ever since the news broke that Facebook would be launching a crypto asset of their own, sparking widespread outrage and concern. While power and privacy are the main concerns over Facebook's libra crypto token, Bitcoin and...

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Bitcoin Market Dominance Hits Fresh Yearly High as Investors Flee Altcoins
08/10/2019 01:00

Bitcoin (BTC) has been on an upwards ascent throughout the first half of 2019 that has extended further over the past couple of weeks. Despite this, the age-old adage of "a rising tide lifts all boats" has not proven to be applicable to the crypto markets as of late, as most major altcoins have been...

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Decision Time: Bitcoin Nears Critical Junction as Bulls and Bears Battle
08/09/2019 23:00

Bitcoin and the aggregated crypto markets have been caught in the throes of volatility over the past several days, with BTC struggling to break into the $12,000 region on multiple occasions, while finding some support in the upper-$11,000 region. One analyst is now noting that Bitcoin is nearing a critical junction that could set the...

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Chinese Cryptocurrency Wallet Data Shines Light Into the Mysterious Market
08/09/2019 22:00

An interview with a representative from imToken, a Chinese digital currency wallet provider, has given rare insight into the cryptocurrency habits of the nation's population. It appears that Chinese crypto asset enthusiasts have a tendency to prefer non-custodial storage solutions and that mobile-accessed wallets are by far the most popular over their desktop counterparts. Chinese...

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Binance US Evaluating 30 Crypto Assets, Bitcoin and Ethereum Under Scrutiny?
08/09/2019 20:46

An announcement earlier in the year that Binance would be shutting out US-based investors instead ushering them to a US-based exchange that was sans the majority of the altcoins the exchange is known for, caused crypto investors to panic, wondering where they'd trade their Bitcoin and Ethereum moving forward. Today, the crypto exchange shed some...

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Gann Theory Suggests Bitcoin Price at "Do or Die" Moment, Important Pivot Ahead
08/09/2019 15:16

Bitcoin price continues to struggle to regain the bullish momentum it had during the parabolic climb above $10,000, but bears have also been unable to push the price of the leading crypto asset by market cap any lower, resulting in an impasse that is playing out in recent price action. The indecision may have been...

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Ripple Ramps Up Investment Plans But XRP Continues to Tank
08/09/2019 14:00

San Francisco based fintech firm Ripple is reportedly working on a number of potential investments and acquisitions following its acquisition of MoneyGram. Meanwhile its native token, XRP, continues to slide in an altcoin avalanche that is starting to gather pace. Ripple Eyeing New Investments According to a report by Yahoo Finance, Ripple boss Brad Garlinghouse...

The post Ripple Ramps Up Investment Plans But XRP Continues to Tank appeared first on NewsBTC.

Bitcoin & Tether Trading at a Discount in China: What Safe Haven Narrative?
08/09/2019 12:00

On Sunday night/Monday, Bitcoin (BTC) spiked. Within a matter of an hour or two, the crypto asset gained a few hundred points, breaking past key resistances like they were nothing more than soggy sheets of parchment paper. Related Reading: Report: Institutional Investors Are Behind Latest Bitcoin Rally; But Will BTC Keep Climbing? As normal, analysts,...

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