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Bitcoin Price Likely to Jump After Christmas; Here's Why
12/25/2019 08:45

Last year's holiday season wasn't the best time for Bitcoin holders. For those who missed the memo, in November and December of 2018, the leading cryptocurrency tanked, falling off a proverbial cliff as investors capitulated, liquidating their BTC holdings in search of greener pastures. In fact, within a four week period, Bitcoin had entirely capitulated,...

The post Bitcoin Price Likely to Jump After Christmas; Here's Why appeared first on NewsBTC.

Will a Fast Track to ETH 2.0 Do Anything For Ethereum Prices?
12/25/2019 07:00

Many have speculated that Ethereum prices are on the floor because of the threat of major delays to ETH 2.0. In reality all altcoins have suffered this year, but ETH losses are constantly getting battered. Can a fast track to Serenity save them? Ethereum Prices Back Down As Bitcoin continues to consolidate, Ethereum continues to...

The post Will a Fast Track to ETH 2.0 Do Anything For Ethereum Prices? appeared first on NewsBTC.

Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip
12/25/2019 05:58

Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could...

The post Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip appeared first on NewsBTC.

With CME Futures Gap Filled at $7,200, What's Next For Bitcoin?
12/25/2019 05:45

This Monday, a Bitcoin price gap opened in the CME futures between $7,200 and $7,450 due to weekend volatility in the cryptocurrency market. The thing is, on Monday, the leading cryptocurrency was trading at $7,600, even as high as $7,700, leading some to suggest that the asset was going to leave the CME futures gap...

The post With CME Futures Gap Filled at $7,200, What's Next For Bitcoin? appeared first on NewsBTC.

Ethereum Turns Red, Signaling Fresh Decrease Below $125
12/25/2019 04:34

Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is currently consolidating...

The post Ethereum Turns Red, Signaling Fresh Decrease Below $125 appeared first on NewsBTC.

How Rakuten's Latest Bitcoin Effort Could Help the Markets
12/25/2019 03:30

Japan has long been a hotbed for crypto adoption. Not only is the pseudonym of Bitcoin's creator, Satoshi Nakamoto, Japanese, but some of the largest cryptocurrency companies have called the Asian country their home over the past decade. That's not to mention that Japan is a technologically advanced society ready to adopt innovation. It should...

The post How Rakuten's Latest Bitcoin Effort Could Help the Markets appeared first on NewsBTC.

Outrage Grows on Twitter as Youtube Continues to Flag Colossal Crypto Channels
12/25/2019 02:00

On Monday morning, a discussion began to erupt on Crypto Twitter regarding a potential Youtube blackout of industry channels. First, only a few channels were purportedly affected; Canadian Bitcoin educator "BTCSessions" and pro-crypto finance Youtube channel Chris Dunn reported that a number of their videos were taken down due to "harmful and dangerous" content. At...

The post Outrage Grows on Twitter as Youtube Continues to Flag Colossal Crypto Channels appeared first on NewsBTC.

Here's Why Investors Don't Care About XRP's Potential, According to an Economist
12/25/2019 01:00

It's no secret that XRP – the digital currency with close ties to FinTech company Ripple – hasn't had the best year from a technical perspective, ending the year on a low note after recently setting fresh post-2017 bull run lows. Although this bearishness may or may not be justified while considering its fundamental utility...

The post Here's Why Investors Don't Care About XRP's Potential, According to an Economist appeared first on NewsBTC.

Will Ethereum Ever Recover? $100M Selling Pressure Still Haunts Markets
12/24/2019 23:00

Ethereum's price action has been firmly tracking that of Bitcoin's in recent times, although it has not been able to put as much distance between its recent lows as BTC has. ETH's bearishness against BTC has come about as investors grow increasingly concerned about the hundreds of thousands of tokens currently held by a ring...

The post Will Ethereum Ever Recover? $100M Selling Pressure Still Haunts Markets appeared first on NewsBTC.

$7,700 to $7,200: Here's What Bitcoin's Rejection Says About Its Market Structure
12/24/2019 22:55

Bitcoin has been facing some turbulent price action over the past several days and weeks, surging to highs of $7,700 this past weekend before hitting a region of resistance that has sparked a firm short-term downtrend that has led BTC down to its support in the lower-$7,000 region. This recent downtrend has shown few signs...

The post $7,700 to $7,200: Here's What Bitcoin's Rejection Says About Its Market Structure appeared first on NewsBTC.

 
 


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