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Bitcoin (BTC) Price Hesitates But Further Recovery Seem Likely
08/17/2019 06:00

Bitcoin price tested the $9,800 support and bounced back against the US Dollar. The price is currently struggling to gain momentum above $10,400 and $10,500. There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to slowly rise...

The post Bitcoin (BTC) Price Hesitates But Further Recovery Seem Likely appeared first on NewsBTC.

Bitcoin Space Reacts to Bakkt's September Launch Date Reveal
08/16/2019 23:00

The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019. Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too. Wait,...

The post Bitcoin Space Reacts to Bakkt's September Launch Date Reveal appeared first on NewsBTC.

Scammers Move Hundreds of Bitcoin to Exchanges; Is a Dump Inbound?
08/16/2019 22:00

Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets. Now, new data suggests that a...

The post Scammers Move Hundreds of Bitcoin to Exchanges; Is a Dump Inbound? appeared first on NewsBTC.

Analyst Claims Almost 3,500 Successful Hacks on Non-Crypto Companies in 2019
08/16/2019 21:00

Popular digital currency industry analysis Twitter account @Rhythmtrader states that almost 3,500 non-crypto companies have had their security breached so far this year. Well over a billion user accounts have been impacted by hackers. Although difficult to verify (RhythmTrader rarely cites where the figures quoted are from), some of the biggest examples have impacted hundreds...

The post Analyst Claims Almost 3,500 Successful Hacks on Non-Crypto Companies in 2019 appeared first on NewsBTC.

Visualized: Bitcoin ROI Crushes Stock Market Returns
08/16/2019 19:00

Those who are involved in or invested in Bitcoin, likely know full well the crypto asset's long-term price potential and its potential to become the single global currency across the internet and beyond. They also know that Bitcoin has out-performed every asset in history, including anything the stock market has to offer, even including the...

The post Visualized: Bitcoin ROI Crushes Stock Market Returns appeared first on NewsBTC.

Bitcoin Price Spikes Nearly $500 in Minutes on Bakkt News
08/16/2019 17:40

Bitcoin price has been trapped in a symmetrical triangle for weeks now, bouncing back and forth between the top and bottom resistance and supports, making increasingly lower peaks and higher troughs, but breaking news surrounding Bakkt may have just ended any bearish pressure for the time being. Just as Bitcoin was flirting with a potential...

The post Bitcoin Price Spikes Nearly $500 in Minutes on Bakkt News appeared first on NewsBTC.

Bakkt Physically Settled Bitcoin Futures Product to Launch in September
08/16/2019 17:32

After a long wait, the highly anticipated Bakkt physically settled Bitcoin (BTC) futures product is almost a reality, as the company announced today that they are cleared to launch their platform and product in the coming weeks. This news has since spread like wildfire across the crypto industry and even led Bitcoin to spike nearly...

The post Bakkt Physically Settled Bitcoin Futures Product to Launch in September appeared first on NewsBTC.

Don't Trade Bitcoin, TexasWest Capital Analyst Tells Investors
08/16/2019 16:04

The recent sell-off in the bitcoin market has brought the price down by more than 15 percent in just five days. The downside action has appeared against the backdrop of a dwindling global economy, shaking the beliefs of many who consider bitcoin as a safe-haven asset against gloomy macroeconomic sentiments. The absence of big hedging...

The post Don't Trade Bitcoin, TexasWest Capital Analyst Tells Investors appeared first on NewsBTC.

This Haven Asset is Beating Bitcoin amid Recession Fears
08/16/2019 15:00

This year's run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook's plans to launch its cryptocurrency, as well as market manipulation via Tether's USDT stablecoins. But a recession is still not one of those catalysts. The benchmark crypto-asset...

The post This Haven Asset is Beating Bitcoin amid Recession Fears appeared first on NewsBTC.

Bitcoin Eyes Demand as Hong Kong Protestors Announce Bank Run
08/16/2019 14:00

Bitcoin is hoping to become a hot property in Hong Kong. The region's political crisis has swept over its banking sector, which is now seeing protestors withdrawing large bundles of cash out of ATMs. The move is the latest tactic to reduce People's Bank of China's influence on the Hong Kong economy. Protestors have warned...

The post Bitcoin Eyes Demand as Hong Kong Protestors Announce Bank Run appeared first on NewsBTC.

 
 


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