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Bitcoin Just Surpassed $9,000: It Means a Full-Blown Crypto Rally is Just Beginning 01/17/2020 06:35 After two days of crypto market consolidation in the high-$8,000s, Bitcoin (BTC) just broke 3% higher from the $8,700 range equilibrium to tap the key $9,000 psychological and technical resistance on Binance and other top exchanges for the first time in just over two months. Since hitting $9,000, the crypto asset has paused, retracing to... The post appeared first on NewsBTC. Sorry Bears, Bitcoin Won't Go Down Quietly And Here's Why It Could Rally 01/17/2020 05:12 Bitcoin corrected lower below $8,700, but it found a strong support above $8,500 against the US Dollar. BTC price is currently rising and it could rally if it clears the $8,840-$8,900 resistance area. Bitcoin price might not go down quietly and it could rally above $8,800 against the US Dollar. The double top pattern is... The post appeared first on NewsBTC. This Scenario Will Trigger A New Ripple Rally: Key Levels To Watch 01/17/2020 04:10 Ripple corrected lower sharply from $0.2450, but it found support near $0.2200 against the US Dollar, similar to bitcoin near $8,500. XRP price is recovering, but it must surpass $0.2360 for a fresh rally. Ripple price is showing positive signs above the $0.2250 and $0.2280 support levels against the US dollar. The price is facing... The post appeared first on NewsBTC. Ethereum Set For Further Gains In Light of Fresh Technical Breakout 01/17/2020 03:09 Ethereum found support near the $158 level and started a fresh increase, similar to bitcoin. ETH is gaining momentum and it could soon break the $170 resistance. Ether price started a fresh increase after it found support near $158 against the US Dollar. Bitcoin price is also rising and trading nicely above the $8,650 level.... The post appeared first on NewsBTC. Existing Bitcoin Exchange Dwarfs Institutional Volume: Are CME and Bakkt Overhyped? 01/17/2020 01:54 Despite successful shows of force from CME Group and Bakkt's Bitcoin options offerings, the majority of volume still goes through Deribit. This squashes fears that the new offerings would be in direct competition with the European firm, and highlights the fact that non-institutional investors seem to prefer unregulated exchanges. CME Group's Launch CME successfully launched... The post appeared first on NewsBTC. This Single Factor Suggests Bitcoin's 2020 Rally is Far From Over 01/17/2020 01:00 Bitcoin has been holding steady around the $8,700 region after facing an influx of selling pressure that forced it to lose its previously held position within the $8,800 region. Data suggests that this selling pressure was quite massive, despite BTC only seeing slight losses. Bull's ability to absorb the majority of this selling pressure may... The post appeared first on NewsBTC. Bitcoin Could Soon Tumble Lower as Its Funding Rate Begins Flipping Positive 01/16/2020 23:00 Bitcoin has begun showing some signs of topping out as the crypto inches lower from its previous consolidation region around $8,800. BTC's move towards $8,600 has led some analysts to believe that its recent highs of $8,900 will mark a mid-term top. One valuable indicator that often offers significant insight into future trends is now... The post appeared first on NewsBTC. Why This New Act of Congress Could Drive Crypto Adoption 01/16/2020 22:00 The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event. Striving for more practical taxation regulations for crypto assets is... The post appeared first on NewsBTC. Binance Futures Adding Chainlink Could Spark Major LINK Volatility 01/16/2020 21:00 The margin trading wing of popular cryptocurrency exchange Binance has announced that they will soon be offering traders access to up to 75x leverage on popular cryptocurrency Chainlink (LINK). The addition of LINK to the platform comes on the heels of the addition of Ethereum Classic (ETC), and just a couple months after they added... The post appeared first on NewsBTC. Gemini's $200M Crypto Insurance Indicates Rapidly Rising Instiutional Demand 01/16/2020 20:00 The Gemini crypto asset exchange has just announced an increase to its custody platform's insurance coverage. At $200 million, the Winklevoss-led trading venue now boasts the largest cold storage insurance limit of any crypto custodian on the planet. The decision to increase its coverage shows Gemini Custody is clearly expecting demand for its services to... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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