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Ethereum Posts 4% Gain, But Lack Of "Whale Accumulation" Could Spell Trouble 09/28/2019 00:00 After facing a significant amount of selling pressure over the past several days, Ethereum (ETH) has been able to post a decent bounce from its recent lows and appears to have established a notable support level around the $160 region. Despite being able to climb from its recent lows, it is important to note that... The post Ethereum Posts 4% Gain, But Lack Of "Whale Accumulation" Could Spell Trouble appeared first on NewsBTC. Bitcoin's $35 Billion Plunge Caused by Short Term Holders, Data Suggests 09/27/2019 23:00 Earlier this week, the price of Bitcoin crashed from above $10,000 to a low of just over $7,900. The abrupt drop seems to have caused an abrupt shift in the sentiment surrounding the industry. With the much-anticipated Bakkt platform's launch coinciding with the start of the downtrend, many optimistic for the ICE-owned venture's impact on... The post Bitcoin's $35 Billion Plunge Caused by Short Term Holders, Data Suggests appeared first on NewsBTC. Bitcoin May Erase All of 2019's Gains and Target $4,000 Next 09/27/2019 22:00 After a long period of consolidation around the $10,000 level, Bitcoin's bulls ran out of fuel and surrendered to bears, which has subsequently led BTC's price to plummet lower as it begins cutting deeply into the gains it incurred throughout the first half of 2019. Now, analysts are noting that there is a decent chance... The post Bitcoin May Erase All of 2019's Gains and Target $4,000 Next appeared first on NewsBTC. ECB President Recognises Future Potential in Crypto Assets as a Means of Payment 09/27/2019 21:00 The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future. He states in a letter to a pro-crypto MEP that efforts like Facebook's Libra could see sufficient adoption to make them... The post ECB President Recognises Future Potential in Crypto Assets as a Means of Payment appeared first on NewsBTC. Gold Fractal Predicted Bitcoin Distribution, Up Next Is Two Years of Sideways 09/27/2019 20:00 Throughout much of 2019, Bitcoin's store of value narrative took a back seat to a new narrative developing around looming economic recession and the asset's scarcity making it a safe haven asset much like gold. Bitcoin has had many comparisons to the precious metal, and is considered to be its digital counterpart. But Bitcoin also... The post Gold Fractal Predicted Bitcoin Distribution, Up Next Is Two Years of Sideways appeared first on NewsBTC. Bye-Bye Bull Run: Bitcoin Price Daily Closes Under Vital Moving Average 09/27/2019 19:00 The momentum behind Bitcoin price turned from bullish to bearish this week, when the crypto asset fell through the bottom of a triangle it had been trading inside, plummeting over 20% in value. The force of the drop took Bitcoin price down far enough where it tested the 200-day moving average as support – a... The post Bye-Bye Bull Run: Bitcoin Price Daily Closes Under Vital Moving Average appeared first on NewsBTC. My Grandma will Buy Bitcoin but Not Fed, Krüger Tells Pomp 09/27/2019 15:00 My 99-year-old grandmother is more likely to buy bitcoin than the Federal Reserve, said market analyst Alex Krüger. The economist was responding to Anthony "Pomp" Pompliano, the co-founder & partner at Morgan Creek Digital Assets, on his comments on Venezuela. Pomp cited a Bloomberg report that claimed Venezuela's central bank is holding bitcoin and ether in... The post My Grandma will Buy Bitcoin but Not Fed, Krüger Tells Pomp appeared first on NewsBTC. What's the Key Level to Watch for Bitcoin (BTC) Price? 09/27/2019 13:00 On Thursday, Bitcoin bears continued to ravage the cryptocurrency market. According to CoinMarketCap, the leading cryptocurrency has incurred another 4% loss of the past 24 hours, falling to under $8,000 for the first time in months. Realted Reading: No US China Trade Deal Says Morgan Creek CEO, Better Buy Bitcoin While this devastating drop was... The post What's the Key Level to Watch for Bitcoin (BTC) Price? appeared first on NewsBTC. No, a Facebook Libra Delay Would Not Cause a Crypto Crash 09/27/2019 09:30 The world's largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over the threat that Libra proposes to their own sovereignty.  Zuckerberg's Crypto Woes In an interview with... The post No, a Facebook Libra Delay Would Not Cause a Crypto Crash appeared first on NewsBTC. Update your subscription — Unsubscribe

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