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BitMEX: Bitcoin Lightning Usage Higher Than Expected, And It's Crucial For BTC
01/13/2020 08:31
According of a research report from BitMEX, the largest cryptocurrency margin trading platform in the global market, the usage of the lightning network on bitcoin has surpassed expectations. More than 60,000 lightning network non-cooperative channel closures were recorded, and around 6,000 BTC were spent for closure transactions. The lightning network is a second-layer scaling solution... The post appeared first on NewsBTC.
This Key Sign Shows Bitcoin Bulls Are Accumulating: Important Levels to Watch
01/13/2020 05:56
Bitcoin price is confined in a range below the key $8,200 resistance against the US Dollar, suggesting a short term accumulation phase. BTC could either rally above $8,200 or it might dip to $7,700 before a decent bounce. Bitcoin is moving in a range between $8,200 and $8,000 against the US Dollar. The bulls are... The post appeared first on NewsBTC.
Ripple (XRP) Price Won't Go Down Quietly: Risk of Bounce Grows
01/13/2020 05:00
Ripple is facing hurdles near the $0.2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0.2080 and $0.2070. Ripple price is correcting lower after it failed to surpass the $0.2200 resistance against the US dollar. The price remains well supported on the... The post appeared first on NewsBTC.
This Scenario Will Trigger A New Ethereum Rally: Key Levels To Watch
01/13/2020 04:00
Ethereum is showing positive signs above the $142 and $140 supports versus the US Dollar. ETH is likely to smash $148 and $150 to start a new rally, especially if bitcoin rallies above $8,200. Ether price is holding the key $140 and $142 support levels against the US Dollar. The price is struggling to clear... The post appeared first on NewsBTC.
Bitcoin May Have Just Rejected a Big Rally to the $9,000: Here's Why
01/13/2020 03:45
The bitcoin price looked to be en route of surpassing a key resistance level at $8,250 that would leave it open to testing $9,000 and levels higher above it. But, the weekly close below $8,500 may leave it vulnerable for a steep pullback. In short-term trading, a weekly close is considered an important element that... The post appeared first on NewsBTC.
Bitcoin Indicator That Called Rally to $14,000 Flashes Again
01/13/2020 01:00
Once again, analysts have started to flip bullish on Bitcoin again. Sure, the cryptocurrency is still down some 40% from its $14,000 peak from last year, but per a number of traders, an array of key technical indicators have suggested that BTC is ready to return higher once again. Related Reading: Crypto Tidbits: Elon Musk Pokes... The post appeared first on NewsBTC.
Analyst Expects Altcoins to Suffer With Launch of Bitcoin Options: Here's Why
01/12/2020 23:00
At long last, the CME — one of the first regulated institutions to offer Bitcoin futures — will be launching options for its BTC futures contracts. The launch will be taking place on January 13th (today, as of the time of publishing this). Related Reading: Ripple CEO: These 3 Key Reasons Are Why XRP is... The post appeared first on NewsBTC.
Gigantic Ethereum Buy Wall May Be Enough to Spark a Parabolic Rally
01/12/2020 22:00
Ethereum has been closely tracking Bitcoin's volatile price action as of late, which head led ETH to gain a firm position within the $140 region. The cryptocurrency's bulls have shown signs of growing vitality over the past several days, which comes as the altcoin market begins flashing hints of having immensely bullish near-term potential. It... The post appeared first on NewsBTC.
Analyst Who Called 2019 Bear Market Believes Bitcoin is Primed for Massive Gains
01/12/2020 20:30
2020 has so far been a great year for Bitcoin (BTC), with the cryptocurrency climbing significantly from its year-to-date lows of $6,800 that were set just prior to the massive upswing incurred by the aggregated crypto market. Bitcoin's bullish price action throughout the early weeks of 2020 seem to confirm one prominent – and eerily... The post appeared first on NewsBTC.
Ripple CEO: These 3 Key Reasons Are Why XRP is Not a Security
01/12/2020 19:30
In the long-running saga concerning XRP's status as a security or not, Ripple Labs CEO Brad Garlinghouse outlines why he thinks the token is decisively not a security. " I think it's very clear that XRP is not a security…." Brad Garlinghouse pic.twitter.com/nlpbIzjxiN — Digital Assets Daily (@AssetsDaily) January 12, 2020 XRP Is Independent of... The post appeared first on NewsBTC.
 
 


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