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Bitcoin Whitepaper: Eleven Years On And Still Going Strong
10/31/2019 07:30

Halloween is not just a festival for warding off spirits. Anyone with an interest in crypto assets and blockchain technology will also know that October 31 marks the day that the visionary Satoshi Nakamoto released the Bitcoin whitepaper. BTC has come a long way over the past 11 years. Down With The Banks On October...

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Bitcoin (BTC) Price Likely Positioned For Next Rally
10/31/2019 06:43

Bitcoin price is holding the key $9,000 support area against the US Dollar. The price is facing a couple of short term resistances near the $9,200 and $9,400 levels. This week's followed major bearish trend line is active with resistance near $9,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

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BTC Bears Are Back, Bitcoin Slowly Weakens as Altcoins Beat a Retreat
10/31/2019 04:45

Bitcoin has managed to hold on above $9,000 for another day but it is slowly weakening and likely to drop below that support level by the weekend. The altcoins meanwhile are already sliding further and may well dump all recent gains. Bitcoin Support Weakening The pattern is pretty clear when looking at the Tradingview charts....

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Ethereum (ETH) Losing Pace, Could Dip To $175 Before Higher
10/31/2019 04:08

Ethereum price is under pressure and it could slide towards the $175 support against the US Dollar. Bitcoin is currently correcting higher and it recently tested the $9,000 support area. There was a break below a key bullish trend line with support near $186 on the hourly chart of ETH/USD (data feed via Kraken). The...

The post Ethereum (ETH) Losing Pace, Could Dip To $175 Before Higher appeared first on NewsBTC.

Will Bitcoin Price Benefit From The Halloween Effect?
10/30/2019 23:00

There's a theory, dubbed "The Halloween Effect" that believes that stocks and other assets like Bitcoin perform best starting from October 31 through May, then they do during the other half of the year. Will Bitcoin price benefit from such effect, or is the idea nothing more than an appropriately spooky superstition for this time...

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Regulated Bitcoin Fund Coming to Canada Following Battle with Securities Commission
10/30/2019 22:00

Retail investors in Canada will soon be able to get exposure to Bitcoin through a fully-regulated, closed-end fund. The world first, as it is being described, is the result of a battle between fund manager 3iQ and the Ontario Securities Commission. The imaginatively-titled "The Bitcoin Fund" should be available to Canadian retail investors later this...

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Johannesburg City Infrastructure Locked Down Due to Bitcoin Ransom
10/30/2019 21:00

Bitcoin and other cryptocurrencies are often requested by hackers after deploying ransomware on unsuspecting user's computers due to the layer of pseudo-anonymity they provide. The leading crypto asset by market cap is once again at the center of a major ransomware attack that's left the South African city of Johannesburg in a state of lockdown....

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Bitcoin Trades at Large Premium in Argentina as Dollar Purchase Restrictions Set In
10/30/2019 20:00

Bitcoin is trading at a large premium on cryptocurrency exchanges in Argentina. Demand remains high after the nation's central bank announced a further tightening of a limit on the number of dollars an individual can purchase from it each month. The policy essentially forces the people of Argentina to either sink of swim in an...

The post Bitcoin Trades at Large Premium in Argentina as Dollar Purchase Restrictions Set In appeared first on NewsBTC.

As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching
10/30/2019 19:00

Bitcoin price continues to fall after a massive surge late last week sent the price of the first-ever crypto asset skyrocketing, blasting through resistance and revisiting five-digit prices briefly before it began to cool off. Now, Bitcoin is flirting with a drop below $9,000, but thus far $9,000 has provided strong support. Here are the...

The post As Bitcoin Price Drops To $9K, Here Are the Targets Traders Are Watching appeared first on NewsBTC.

Federal Reserve Cuts Rates by 0.25%: Bullish for Bitcoin
10/30/2019 18:35

Bitcoin's value proposition was purportedly just validated with news that the Federal Reserve, the United States' monetary authority, will be cutting its policy interest rate… again. It is important to point out, however, that the price of the cryptocurrency hasn't immediately reacted to this news. Stocks, however, have — leading indices have rallied by around...

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