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Ethereum Price Weekly Forecast: ETH Remain Sell Until This Changes
09/01/2019 07:00

ETH price declined heavily and broke the key $185 and $180 supports against the US Dollar. The price is currently correcting higher and is trading near the $172 and $175 resistances. There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). There could...

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Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery
09/01/2019 06:00

There was a major downward move below the $10,000 support in bitcoin price against the US Dollar. The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000. There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery appeared first on NewsBTC.

Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion
09/01/2019 01:00

If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked. In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract — quite abstract.  Now, however, these two financial trends, which came to fruition mostly over the...

The post Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion appeared first on NewsBTC.

Bounce Off $9,000 Could End Bitcoin Price Correction; Here's Why
08/31/2019 23:30

While selling pressure has undoubtedly dissipated, the Bitcoin (BTC) price is still struggling. As of the time of writing this article, the cryptocurrency is trading for $9,550, which is 6.5% lower than BTC was at one week earlier. Related Reading: Prominent Investor Says Bitcoin Has "Failed" As a Safe Haven: BTC Slips 5% But, bulls...

The post Bounce Off $9,000 Could End Bitcoin Price Correction; Here's Why appeared first on NewsBTC.

Bitcoin Bull Jack Dorsey's Twitter Hack Is a Wakeup Call for Crypto Security
08/31/2019 21:01

Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor. The hack demonstrates that even the CEO can have his own company's highly-valuable personal account compromised, and is a painful reminder that if...

The post Bitcoin Bull Jack Dorsey's Twitter Hack Is a Wakeup Call for Crypto Security appeared first on NewsBTC.

Crypto Tidbits: Bakkt Bitcoin Custody, China's Cryptocurrency On the Horizon, XRP In Hot Water
08/31/2019 21:00

Another week, another of Crypto Tidbits. Bitcoin saw yet another tumultuous week in terms of price action. It fell by over 8% in one day, as bears managed to take control of the market. But, despite this downward price movement, this industry continued to trudge forward. Related Reading: Crypto Tidbits: Bitcoin Hash Rate High, Square...

The post Crypto Tidbits: Bakkt Bitcoin Custody, China's Cryptocurrency On the Horizon, XRP In Hot Water appeared first on NewsBTC.

Bitcoin Mathematics: Why 21 Million BTC May Have Been Chosen
08/31/2019 19:03

Everything about Bitcoin is heavily steeped in mathematics – defined as the study of quantity, structure, space, and change. Quantity has always been of particular interest to crypto investors and traders – in increasing the quantity of one's own holdings, and the impact the hard-capped quantity of BTC has on its long-term value. Recently, a...

The post Bitcoin Mathematics: Why 21 Million BTC May Have Been Chosen appeared first on NewsBTC.

Bitcoin is Fundamentally Healthier Than Ever, BTC Price Could Follow
08/31/2019 13:00

Over the past week, Bitcoin (BTC) has shed 6.5%, falling to $9,500 from its former support of $10,000. Despite this downward price action, the fundamentals of the cryptocurrency continue to swell, pointing towards a potential rebound in the coming weeks and months. Related Reading: Bitcoin Bull Jack Dorsey's Twitter Hack Is a Wakeup Call for...

The post Bitcoin is Fundamentally Healthier Than Ever, BTC Price Could Follow appeared first on NewsBTC.

Altcoin Season on the Horizon? Bitcoin Dominance Hits Historical Reversal Point
08/31/2019 13:00

Despite the drawdown in the price of Bitcoin — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost all...

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