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Did Bakkt Cause The $10 Billion Crypto Market Crush?
09/24/2019 07:00

In short, no. Bakkt's bitcoin futures launch yesterday was underwhelming but it has not had any impact on crypto markets which are doing exactly what they have done for the past couple of years. Another Slide For Crypto Assets Another day another dump. There is nothing out of the ordinary with today's market action which...

The post Did Bakkt Cause The $10 Billion Crypto Market Crush? appeared first on NewsBTC.

Bitcoin Price (BTC) Breakdown Looks Real, More Downsides Incoming?
09/24/2019 07:00

Bitcoin price is under pressure and it recently broke the $9,800 support area against the US Dollar. The price is currently consolidating losses below $9,800 and it remains at a risk of more downsides. There was a break below yesterday's highlighted contracting triangle with resistance near $9,800 on the hourly chart of the BTC/USD pair...

The post Bitcoin Price (BTC) Breakdown Looks Real, More Downsides Incoming? appeared first on NewsBTC.

Crypto CEO Optimistic Over US Regulatory Outlook
09/24/2019 05:30

In a recent interview, Blockstack boss Muneeb Ali said he was cautiously optimistic about the US regulatory environment for crypto. The comments follow further hearing from US regulators on the crypto space and its emerging players. Cautiously Optimistic on Crypto The co-founder and CEO of decentralized computing network Blockstack, joined CNBCs 'Squawk Box' to discuss...

The post Crypto CEO Optimistic Over US Regulatory Outlook appeared first on NewsBTC.

Ripple Price (XRP) Testing Crucial Support With Bearish Bias
09/24/2019 05:08

Ripple price extended its decline and tested the key $0.2650 support area against the US dollar. The price could accelerate its decline if it fails to hold the key $0.2650 support. There is a major declining channel forming with resistance near $0.2810 on the hourly chart of the XRP/USD pair (data source from Kraken). The...

The post Ripple Price (XRP) Testing Crucial Support With Bearish Bias appeared first on NewsBTC.

Ethereum (ETH) Price Smashes Support, More Downsides Possible
09/24/2019 04:08

ETH price is under a lot of pressure and it recently broke the $202 support against the US Dollar. The price is likely to continue lower towards the $195 and $192 support levels in the near term. There are two major bearish trend lines forming with resistance near $208 and $210 on the hourly chart...

The post Ethereum (ETH) Price Smashes Support, More Downsides Possible appeared first on NewsBTC.

Bakkt's Long-Term Importance for Bitcoin Still Intact Despite Lackluster Launch
09/24/2019 00:00

All eyes were closely watching to see how much utilization Bakkt's physically settled Bitcoin futures platform was met with during its launch yesterday evening, but much to the chagrin of investors who believed that it would open with massive utilization stemming from institutional investors who are interested in crypto, its Bitcoin trading volume was and...

The post Bakkt's Long-Term Importance for Bitcoin Still Intact Despite Lackluster Launch appeared first on NewsBTC.

$662K in Criminal Bitcoin to be Sold at UK Auction this Week
09/23/2019 23:00

Authorities in the United Kingdom plan to auction $662,000 worth of Bitcoin seized from an online criminal. The nation's police force will be working with the Irish auction house Wilsons Auctions to facilitate the sale. The auction is the first of its kind in the UK. Alongside the Bitcoin for sale will be various other...

The post $662K in Criminal Bitcoin to be Sold at UK Auction this Week appeared first on NewsBTC.

Bitcoin Caught in Consolidation Phase as Big Movement Nears
09/23/2019 22:00

After finding some levels of support around $10,000 yesterday, Bitcoin's bulls were unable to support its price above this level and BTC has now once again dropped into the upper-$9,000 region. Analysts are currently noting that it appears Bitcoin is currently caught within a consolidation phase, but it is highly improbable that this phase will...

The post Bitcoin Caught in Consolidation Phase as Big Movement Nears appeared first on NewsBTC.

CEO Explains Why Today's Bakkt Launch is an "Important Milestone" for Bitcoin
09/23/2019 21:00

The launch of the Bakkt platform might not have been accompanied by the fireworks in the Bitcoin market that some were expecting but the firm's CEO is still confident in the positive impact it will have on the industry. Kelly Loeffler believes that Bakkt represents an "important step" for the industry. Many Bitcoin fans had...

The post CEO Explains Why Today's Bakkt Launch is an "Important Milestone" for Bitcoin appeared first on NewsBTC.

Inverted Bitcoin Price Chart Is Bear Market Bottom Flipped Upside Down
09/23/2019 20:00

During periods of times when assets consolidate and price action becomes exceptionally confusing, some crypto analysts will occasionally flip their Bitcoin price charts upside down in an to attempt to remove any preconceived bias from their technical analysis. One prominent crypto analyst has done just that, and Bitcoin's current price action in inverse appears visually...

The post Inverted Bitcoin Price Chart Is Bear Market Bottom Flipped Upside Down appeared first on NewsBTC.

 
 


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