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Why Dai Growing to Record High Indicates Positive Ethereum Growth
11/09/2019 05:00

In a world plagued by banking bailouts, galloping debt and currency devaluations, a solution is needed. Enter decentralized finance, or DeFi, the future of banking where you are the bank. Ethereum is the platform of choice for DeFi, the Dai stablecoin is hitting new highs, and Maker is moving. Future Finance Based on Ethereum Dai...

The post Why Dai Growing to Record High Indicates Positive Ethereum Growth appeared first on NewsBTC.

Bitcoin Price Will Never Hit $100,000? Gold Bug Bashes Bulls
11/09/2019 02:03

For the longest time, Bitcoin investors have been shooting for the moon, calling for the BTC price to hit lofty price points, like $50,000 and $100,000. The cryptocurrency has the potential to usurp traditional power schema, after all. But, Peter Schiff, a leading gold investor, doesn't think such appreciation will take place. Related Reading: 'Discount Bitcoin...

The post Bitcoin Price Will Never Hit $100,000? Gold Bug Bashes Bulls appeared first on NewsBTC.

Bakkt Sets New Volume Record After Bitcoin Price Tanks 6%
11/09/2019 00:06

Bitcoin (BTC) hasn't been doing too hot over the past 24 hours. As of the time of writing this piece, the cryptocurrency is down some 5% on the day — falling from yesterday's peak of $9,250 to $8,700 — having lost the key $9,000 support level after holding strong above it for nearly two weeks'...

The post Bakkt Sets New Volume Record After Bitcoin Price Tanks 6% appeared first on NewsBTC.

XRP Plunges 6% Despite Network Being "Stronger Than Ever"
11/08/2019 23:00

After a brief attempt to climb above its strong resistance level at $0.30 earlier this week, XRP faced a strong and swift rejection and is now moving down towards its monthly lows that currently sit around $0.26. This bearishness has come about in the midst of Ripple's highly anticipated Swell event, and as the Ripple...

The post XRP Plunges 6% Despite Network Being "Stronger Than Ever" appeared first on NewsBTC.

Bitcoin Dumps as Bakkt Volume Pumps, Coincidence?
11/08/2019 22:00

The Bakkt platform is having another good day of trading. The much-hyped Bitcoin futures contracts that disappointed many on first launch has hit another all-time high in daily trading volume, well before its close. Bakkt trading volume is surging whilst Bitcoin has made a considerable move down in price. The price of the number one...

The post Bitcoin Dumps as Bakkt Volume Pumps, Coincidence? appeared first on NewsBTC.

Analysts Target Move to $8,400 as Bitcoin Plummets Below $9,000
11/08/2019 20:00

After a long period of consolidation within its previously established trading range, Bitcoin's bears have now taken control and have pushed BTC's price below its previous support level that existed around $9,000. Today's drop has led multiple analysts to set significantly lower targets for the cryptocurrency, and it is looking increasingly likely that it will...

The post Analysts Target Move to $8,400 as Bitcoin Plummets Below $9,000 appeared first on NewsBTC.

'Discount Bitcoin Bandit' Could Face 10 Years for Cryptocurrency Armed Robberies
11/08/2019 19:00

A woman from East Hollywood, California, has been convicted of robbery relating to peer-to-peer Bitcoin trades. Precious Lanay Fitzgerald was one of two involved in the incidents that awarded the pair the moniker 'Discount Bitcoin Bandits'. The 29-year-old may face a prison sentence of up to 10 years for the cryptocurrency robbery. Exacerbating the maximum...

The post 'Discount Bitcoin Bandit' Could Face 10 Years for Cryptocurrency Armed Robberies appeared first on NewsBTC.

TGIF: Do Fridays Foretell Future Movements in Bitcoin Price and Other Crypto?
11/08/2019 18:00

It's Friday, and Bitcoin price is once again falling, breaking below $9,000 and trading at $8,750 currently. According to one legendary trader, where an asset closes on a Friday can often predict the future performance of the asset. Is there any truth to the theory that could benefit crypto traders? Recent performance appears to suggest...

The post TGIF: Do Fridays Foretell Future Movements in Bitcoin Price and Other Crypto? appeared first on NewsBTC.

Bitcoin Price Breaks Below $9,000, Historic Rally Now In Jeopardy
11/08/2019 14:20

Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset's short history, rocketing from $7,400 to $10,500 from low to high. After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000 where it is currently...

The post Bitcoin Price Breaks Below $9,000, Historic Rally Now In Jeopardy appeared first on NewsBTC.

Gold Plunges After Dow Records New High; Why Bitcoin May Rise
11/08/2019 13:30

Thursday wasn't a great day for gold holders. During the day's trading session, the precious metal cratered by its standards, falling by $23 — a 1.5% downward move — from $1,490 to $1,468 in a relatively spectacular fashion. This drop came a day after the asset shed $30, implying that a downtrend is forming for...

The post Gold Plunges After Dow Records New High; Why Bitcoin May Rise appeared first on NewsBTC.

 
 


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