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G7 Confirms Libra Like Cryptocurrency Needs a Legal Basis 10/18/2019 07:30 Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it. The G7 group of economic powerhouses agrees that such stablecoins should not be allowed to... The post G7 Confirms Libra Like Cryptocurrency Needs a Legal Basis appeared first on NewsBTC. Bitcoin (BTC) Price Accelerating Losses Below $8K, $7.5K Very Likely 10/18/2019 07:00 Bitcoin price corrected higher, but it faced hurdles near $8,120 and $8,140 against the US Dollar. The price is declining again and it could gain momentum below the $8,000 support. There is a major bearish trend line forming with resistance near $8,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The... The post Bitcoin (BTC) Price Accelerating Losses Below $8K, $7.5K Very Likely appeared first on NewsBTC. Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis 10/18/2019 06:00 The total crypto market cap corrected a few points, but it faced a strong resistance near $215.0B. Bitcoin price is also correcting higher, but it is likely to struggle to clear the $8,200 resistance. Litecoin (LTC) price is now facing resistance near the $55.50 and $56.50 levels. BCH price is holding the main $215 support... The post Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis appeared first on NewsBTC. Bitcoin Store Of Value Sentiment Stronger Than Ever as Economic Collapse Looms 10/18/2019 05:30 The state of the world economy just over a decade ago was not a pretty picture. A solution was needed and one was offered in the form of a decentralized peer-to-peer digital monetary system. Bitcoin was born and a decade on it appears to be déjà vu for the global economy. This Crash Worse Than... The post Bitcoin Store Of Value Sentiment Stronger Than Ever as Economic Collapse Looms appeared first on NewsBTC. Ripple (XRP) Price Is Following Uptrend: BTC & ETH Continue To Struggle 10/18/2019 05:08 Ripple price started a fresh increase and it surged above $0.3000 against the US dollar. The price is currently correcting higher after trading to a new monthly high near $0.3040. Earlier, there was a break above a declining channel with resistance near $0.2860 on the hourly chart of the XRP/USD pair (data source from Kraken).... The post Ripple (XRP) Price Is Following Uptrend: BTC & ETH Continue To Struggle appeared first on NewsBTC. Ethereum (ETH) Rebound Faces Major Hurdle Near $180 10/18/2019 04:08 Ethereum price is currently correcting higher, but it is facing a strong resistance near $180 against the US Dollar. Bitcoin price is up more than 1.5%, but it is also facing resistance $8,120 and $8,200. This week's followed major bearish trend line was breached with resistance near $174 on the hourly chart of ETH/USD (data... The post Ethereum (ETH) Rebound Faces Major Hurdle Near $180 appeared first on NewsBTC. XRP Surges 5% as Annual Swell Pump Quickly Nears 10/18/2019 00:00 After incurring an influx of selling pressure yesterday, Bitcoin has been able to climb slightly today, which has allowed XRP to surge nearly 5%, leading it to quickly approach the $0.30 region that was previously a strong level of support for the cryptocurrency. Analysts are now noting that XRP may soon surge significantly, which could... The post XRP Surges 5% as Annual Swell Pump Quickly Nears appeared first on NewsBTC. Bitcoin Actually Accepted? Luxury Car Firm Explores Blockchain and Crypto Payments 10/17/2019 23:00 Karma Automotive, a luxury car manufacturer based in California, has just announced its intentions to explore blockchain technology with its shareholders. The means by which the firm intends to this is by accepting Bitcoin. Although NewsBTC has featured many so-called Bitcoin acceptance stories in the past, this one appears to have a big difference. Karma... The post Bitcoin Actually Accepted? Luxury Car Firm Explores Blockchain and Crypto Payments appeared first on NewsBTC. Bitcoin May Have Room to Run Before Downtrend Continues 10/17/2019 22:00 After plummeting below $8,000 overnight, Bitcoin's bulls were able to propel the crypto slightly higher, showing signs that bulls are not ready to let the cryptocurrency drop lower in the near-term, which could mean that bulls will garner greater strength in the near-term that could help propel BTC higher. Analysts are noting that Bitcoin likely... The post Bitcoin May Have Room to Run Before Downtrend Continues appeared first on NewsBTC. Bitcoin Ponzi Busted: Nevada Firm Charged With $11 Million Crypto Fraud 10/17/2019 21:00 Circle Society, Corp., and its owner, David Gilbert Saffron, have been charged with fraud relating to an Bitcoin and crypto asset investment scheme. The Nevada-based firm is suspected of operating an $11 million binary options scheme. The charges have been brought by the CFTC. Curiously, the chair of the US financial regulator said such scams... The post Bitcoin Ponzi Busted: Nevada Firm Charged With $11 Million Crypto Fraud appeared first on NewsBTC. Update your subscription — Unsubscribe

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