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Bitcoin (BTC) Breakdown Below $7K Likely, $6.5K Could Be Next 12/12/2019 06:00 Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar. The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher. There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed... The post Bitcoin (BTC) Breakdown Below $7K Likely, $6.5K Could Be Next appeared first on NewsBTC. Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis 12/12/2019 05:30 The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding the main $200 support area. EOS price is sliding and... The post Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis appeared first on NewsBTC. Ethereum Price Targets 9 Month Low as DeFi Markets Strengthen 12/12/2019 05:00 It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world's second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector. Ethereum Hits $140 Ethereum is still deep in... The post Ethereum Price Targets 9 Month Low as DeFi Markets Strengthen appeared first on NewsBTC. Ripple (XRP) Price Breakdown Might Be The Game Changer 12/12/2019 04:28 Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar. The price is likely to face hurdles near $0.2200 and $0.2240 in the near term. Yesterday's key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken).... The post Ripple (XRP) Price Breakdown Might Be The Game Changer appeared first on NewsBTC. Bitcoin Sees Big Stop Run With Spikes to $7,450, Liquidating Shorts 12/12/2019 04:00 Crypto markets are depreciating for another day as Bitcoin fails to gain any traction. Volatility appears to be returning as a big spike triggered a lot of liquidation a few hours ago. The overall picture is still very bearish though. BitMEX Bitcoin Manipulation Calls The slow grind down has continued this week but some spurious... The post Bitcoin Sees Big Stop Run With Spikes to $7,450, Liquidating Shorts appeared first on NewsBTC. Ethereum (ETH) Turned Sell On Rallies, What's Next? 12/12/2019 03:28 Ethereum is down more than 2% and it broke the $142 support area against the US Dollar. The price is currently correcting higher, but it could face hurdles near $142 and $144. Yesterday's major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price... The post Ethereum (ETH) Turned Sell On Rallies, What's Next? appeared first on NewsBTC. Ethereum Could Be the Defining Factor That Guides Other Altcoins, Claims Analyst 12/11/2019 23:00 Ethereum has had a turbulent week, with much of its recent price action favoring sellers as the crypto has faced a steady stream of downwards pressure in the time following ETH's recent visit to over $150 earlier this past week. Although all eyes are closely watching Bitcoin's near-term price action, it is important to note... The post Ethereum Could Be the Defining Factor That Guides Other Altcoins, Claims Analyst appeared first on NewsBTC. China Continues to Dominate Global Bitcoin Mining, But for How Long? 12/11/2019 22:00 New research shows that China's dominance of the total Bitcoin hash rate continues to grow. The nation reportedly now accounts for around 66 percent of all the computing power supporting the Bitcoin network at present. China has historically been the leader in global Bitcoin mining. However, with large mining operations coming online in the US... The post China Continues to Dominate Global Bitcoin Mining, But for How Long? appeared first on NewsBTC. Bitcoin is On Shaky Ground; Here's Why Further Downside is Likely 12/11/2019 21:00 The latter part of 2019 has been a volatile several months for Bitcoin, with the embattled cryptocurrency ranging between lows of $6,500 and highs of over $10,000. Currently, BTC is trading at the lower part of this trading range, and it has been struggling to gain any decisive momentum in either direction. This lack of... The post Bitcoin is On Shaky Ground; Here's Why Further Downside is Likely appeared first on NewsBTC. Mysterious Bitcoin Fund Completes $75M Donation to Preserve Privacy 12/11/2019 20:00 The Unknown Fund claims to have now donated a total of $75 million to groups and companies working on privacy preserving technology. The Anonymous-promoted Bitcoin fund was first detailed in mid-November. The origins of the funds are largely unknown and, of course, the beneficiaries of the donations are also keeping quiet. The secrecy has understandably... The post Mysterious Bitcoin Fund Completes $75M Donation to Preserve Privacy appeared first on NewsBTC. Update your subscription — Unsubscribe

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