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Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase 10/29/2019 06:00 Bitcoin price is currently consolidating above the key $9,000 support area against the US Dollar. The price is struggling to gain bullish momentum above the $9,600 and $9,720 resistance levels. There is a connecting bearish trend line forming with resistance near $9,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The... The post Bitcoin (BTC) Price Consolidating Gains, Bulls Eyeing Fresh Increase appeared first on NewsBTC. Staking a Future on Ethereum: How ETH Will Advance Digital Finance 10/29/2019 05:30 Ethereum was once touted as 'the world computer' but as yet it has failed to live up to that lofty ambition. It has been a big ask for a platform that is just a few year old but Ethereum appears to be evolving into more of a 'world bank' through its next consensus mechanism upgrade... The post Staking a Future on Ethereum: How ETH Will Advance Digital Finance appeared first on NewsBTC. Ethereum (ETH) Price Likely Setting Up For Next Rally 10/29/2019 05:08 Ethereum price is trading nicely above the $180 support area against the US Dollar. Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area. There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).... The post Ethereum (ETH) Price Likely Setting Up For Next Rally appeared first on NewsBTC. Crypto Markets Cool After China Rally, Though Hardly a 'Massive Dump' 10/29/2019 03:00 A correction after such a monumental crypto rally is to be expected though some industry observers will always see the negative side of things. Bitcoin has largely held on to gains though it appears to be weakening, while the altcoins are falling back at a faster rate. Bitcoin Holds Above $9,000 Many were expecting a... The post Crypto Markets Cool After China Rally, Though Hardly a 'Massive Dump' appeared first on NewsBTC. Bitcoin Plunges By $300 in Minutes as Bearish Sentiment Mounts 10/29/2019 00:14 Over the past 30 minutes, Bitcoin (BTC) has plunged by $300 from $9,515 to $9,200. As such, the cryptocurrency is now trading 3% down on the day. While this wasn't a decisively bearish move in and of itself, a sentiment that "the rally is over" is starting to bubble in trading circles. Related Reading: Coffee... The post Bitcoin Plunges By $300 in Minutes as Bearish Sentiment Mounts appeared first on NewsBTC. Chinese Altcoins Retrace from Daily Highs as Hype Falters 10/28/2019 23:00 Late last week the Chinese President offered widely publicized comments regarding his intentions to make China a global leader in blockchain technology, which was met with mixed reactions from investors, with some analysts noting that it was the catalyst behind the recent rallys incurred by Bitcoin and altcoins alike. These comments were particularly impactful to... The post Chinese Altcoins Retrace from Daily Highs as Hype Falters appeared first on NewsBTC. Prominent Bitcoin Naysayer Refutes China Being Behind Recent BTC Rally 10/28/2019 22:00 Peter Schiff has refuted the notion that the Chinese government endorsement of blockchain is behind Bitcoin's recent price rally. The price of the leading digital asset surged on Friday to a high above $10,000 on some exchanges before returning to around $9,400 at the time of writing. Schiff instead claims that so-called whales (large holders... The post Prominent Bitcoin Naysayer Refutes China Being Behind Recent BTC Rally appeared first on NewsBTC. Analyst: Bitcoin May Target $8,900 After Being Rejected at Key Resistance 10/28/2019 21:00 Bitcoin has been incurring significant volatility over the past several days, which has mostly favored the cryptocurrency's bulls as BTC has been able to run from lows of $7,300 to highs of $10,600 before settling in the middle of this wide trading range. Analysts are now noting that they believe Bitcoin will drop lower in... The post Analyst: Bitcoin May Target $8,900 After Being Rejected at Key Resistance appeared first on NewsBTC. Coffee for Crypto? ICE to Launch Bitcoin Consumer App with Starbucks 10/28/2019 20:00 The Intercontinental Exchange (ICE) is eyeing the first half of 2020 to begin testing of its consumer-facing Bitcoin payment application. The company will be working with its partner Starbucks to bring the app to life. The financial markets company's first foray into the world of digital assets was the recently launched Bakkt platform, which offers... The post Coffee for Crypto? ICE to Launch Bitcoin Consumer App with Starbucks appeared first on NewsBTC. Why China's Interest in Blockchain Will Ultimately Be Bad For Crypto 10/28/2019 19:00 Last week, Chinese President Xi Jinping gave a speech where he praised the blockchain technology many crypto assets are built on and urged his country to ensure it is at the forefront of future developments in the space. Bitcoin and other Chinese altcoins pumped on the news, with Bitcoin setting it's third-largest one day gain... The post Why China's Interest in Blockchain Will Ultimately Be Bad For Crypto appeared first on NewsBTC. Update your subscription — Unsubscribe

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