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China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin? 10/16/2019 08:30 America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions. Savvy investors turned to Bitcoin before, will they do it again? Central Bank Floods Market... The post China Injects Billions as Economy Slows, Will Investors Turn to Bitcoin? appeared first on NewsBTC. Bitcoin (BTC) Price Showing Signs of Additional Weakness 10/16/2019 07:00 Bitcoin price failed to rebound above $8,300 and extended its decline against the US Dollar. The price is trading below the $8,200 level and recently it declined towards the $8,050 level. There is a key declining channel forming with resistance near $8,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The... The post Bitcoin (BTC) Price Showing Signs of Additional Weakness appeared first on NewsBTC. Bitcoin And Crypto Market Signaling Bearish Continuation: BCH, EOS, TRX, ADA Analysis 10/16/2019 06:00 The total crypto market cap struggled to surpass $220.0B and declined recently below $215.0B. Bitcoin price is also under pressure and it recently traded below the $8,200 support area. EOS price is down around 5% and it broke the key $3.000 support area. BCH price retested the key $215 support area and it is currently... The post Bitcoin And Crypto Market Signaling Bearish Continuation: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC. Can Block Reward Halving Save Bitcoin From Another Bear Market? 10/16/2019 05:30 The pressure appears to be mounting again for Bitcoin. A couple of months ago they were saying 'you'll never get another opportunity to buy four figure BTC', and today it is looking like dumping back to $6,000. All hopes are now pinned on the halving seven months away, but can it really prevent another bear... The post Can Block Reward Halving Save Bitcoin From Another Bear Market? appeared first on NewsBTC. Ripple (XRP) Price Holding Key Support But Can It Gain Strength? 10/16/2019 05:08 Ripple price started a downside correction after setting a new monthly high at $0.2993 against the US dollar. The price declined below the $0.2920 support area and tested the $0.2840 support area. Yesterday's highlighted major bullish trend line with support near $0.2860 is intact on the hourly chart of the XRP/USD pair (data source from... The post Ripple (XRP) Price Holding Key Support But Can It Gain Strength? appeared first on NewsBTC. Ethereum (ETH) At Risk Of More Downsides Below $175 10/16/2019 04:08 Ethereum price struggled to climb above the $185 resistance and declined recently against the US Dollar. Bitcoin price is also facing selling interest and it is now trading below the $8,200 support area. There is a new connecting bearish trend line forming with resistance near $181 on the hourly chart of ETH/USD (data feed via... The post Ethereum (ETH) At Risk Of More Downsides Below $175 appeared first on NewsBTC. Beginners Guide to QAN – Fast, Scalable, and Quantum Resistant 10/16/2019 02:30 QAN is a quantum-resistant, enterprise-ready blockchain. To date, only one or two other blockchain projects have launched with the quantum threat in mind – Quantum Resistant Ledger is the best-known. However, none of them yet offer any kind of sophisticated smart contract programming capabilities. New blockchain platforms generally claim to be faster, more scalable, or... The post Beginners Guide to QAN – Fast, Scalable, and Quantum Resistant appeared first on NewsBTC. RSK Increased Its Merged Mining Rewards; Bitcoin Miners to Gain More? 10/16/2019 02:16 If you're a Bitcoin miner or enthusiast, you now have another reason to smile. On October 12th, RSK, the project that brought smart contracts to Bitcoin, launched a new incentive program that will provide a big boost to its merged mining rewards program. RSK's reward program, which compensates merged mining efforts in RBTC, the platform's... The post RSK Increased Its Merged Mining Rewards; Bitcoin Miners to Gain More? appeared first on NewsBTC. Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows 10/16/2019 00:00 As the 2019 parabolic rally came to a close, Bitcoin began to trade within a large, multi-month descending triangle pattern that only just recently broke down after extensive consolidation. According to a popular crypto analyst, the breakdown resulted in Bitcoin forming a bear flag, and it likely signals further continuation to the downside, potentially as... The post Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows appeared first on NewsBTC. Could Texas Become the Western Home of Bitcoin Mining? 10/15/2019 23:00 A San Francisco-based cryptocurrency startup has just announced that is has raised $50 million from investors. Layer 1's aim is to operate an all-in-house Bitcoin mining facility in West Texas. Layer 1 hopes to control all aspects of the mining process itself. This will include chip production and advanced cooling techniques to make the scheme... The post Could Texas Become the Western Home of Bitcoin Mining? appeared first on NewsBTC. Update your subscription — Unsubscribe

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