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11 'Bold' Crypto Predictions for 2020 by Blockchain Capital
20.12.2019
Bitcoin (BTC) is set for a 2020 price surge that will see it go past the USD 20,000 mark, per a new report, with fees to exceed USD 100.
In its annual State of Crypto report, investment company Blockchain Capital has made eleven “bold” predictions for the upcoming year.
The company says we might...
Average Bitcoin Spender Doesn't Need 6 Confirmations - Mathematicians
20.12.2019
Double-spending an average Bitcoin (BTC) transaction is not profitable and, though exchanges and merchants often require it, sending some sats may not in fact need six confirmations – according to calculations by two mathematicians.
For an average transaction, only one or two confirmations...
U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report
20.12.2019
Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...
Bitcoin and Altcoins Signaling Bullish Continuation
20.12.2019
In the past few sessions, there was a decent improvement in the crypto market sentiment as bitcoin price climbed back above USD 7,000. BTC/USD even tested the USD 7,450 and USD 7,500 resistance levels. The price is currently (09:00 UTC) consolidating above USD 7,000 and it could start a fresh...
Altcoins Drop Against Bitcoin as the Top Coin Increases its Dominance
19.12.2019
Despite a recent rally against USD, majority of the top 100 altcoins are in red against bitcoin (BTC) today. Also, the bitcoin dominance, or the percentage of the total market capitalization, increased to almost 68% and is at a three-month high.
In the top 10, only EOS (EOS) has registered gains...
Bitcoin and Altcoins Correcting Strong Gains
19.12.2019
This week, we saw a bearish extension in bitcoin price below the USD 7,000 and USD 6,850 support area. However, the USD 6,550 support area acted as a strong buy zone, resulting in a sharp recovery in BTC/USD. The price surged close to USD 1,000 and climbed above many hurdles including...
CNN: Bitcoin is the Best Investment of the Decade + More News
18.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Major news outlet CNN told its multi million audience that Bitcoin (BTC) is the best investment of the decade....
Bitcoin and Altcoins Still in a Downtrend
18.12.2019
This week, bitcoin price faced a strong rise in selling pressure below USD 7,000. As a result, BTC/USD even failed to stay above the USD 6,850 support. Recently, the price declined below USD 6,650 and tested the USD 6,550 support area.
Similarly, there were heavy downsides in most major altcoins...
Bitcoin ETP Issuer Amun: Trading Volumes Will Come From Retail
17.12.2019
Amung AG, a Switzerland-based digital asset investment company, known for its exchange-traded products (ETPs), plans to list them on at least two new European regulated exchanges, and believes that the trading volume will come from retail investors.
Today, the exchange-traded products issuer lists...
Giant Backed ErisX Launches Bitcoin Futures For Small Investors
17.12.2019
Regulated derivatives exchange ErisX, backed by major U.S. brokerage TD Ameritrade, is estimated to launch their "Futures Digital Currency Products" today, aiming to capitalize on the rising interest in Bitcoin (BTC) futures among small investors.
The exchange’s portfolio currently comprises...
BTC 20K and ETH 790K Still Might be Dumped on the Market By PlusToken
17.12.2019
At least BTC 20,000 (USD 138 million) and ETH 790,000 (USD 104 million) are still waiting to be dumped on the market by the criminals from the "one of the largest Ponzi schemes ever," PlusToken, according to Chainalysis, a U.S.-based blockchain analysis company.
The researchers claim that...
Crypto Market Sentiment Rising Slowly
16.12.2019
The cryptocurrency market sentiment is slowly inching upwards. After last week's small rise to 4.55, the combined moving average 7-day market sentiment measure for the top 10 coins by market capitalization is now up to 4.68/10, according to Omenics, a cryptocurrency market sentiment analysis...
Bitcoin and Altcoins Could Gather Bearish Momentum
16.12.2019
This past week, bitcoin price remained in a downtrend and settled below the key USD 7,250 and USD 7,200 support levels. The same levels are now acting as hurdles for the bulls and BTC/USD is struggling to stay above the USD 7,000 support area.
Similarly, many major altcoins are declining and facing...
Mark Cuban: Don't Convince Me, Convince Your Neighbor About Bitcoin
13.12.2019
Mark Cuban. Source: a video screenshot, Youtube, TMZSports
Crypto supporters need to show their neighbors its value, not rely on the academic discussions to bring the consumers in, believes billionaire Mark Cuban, an American businessman and investor, and the owner of the NBA's Dallas Mavericks....
Bitcoin and Altcoins Recovery Still Might Fail In Near Term
13.12.2019
This week, we saw a downside extension in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,200 support before it found support near USD 7,150. The price is currently (09:00 UTC) recovering, but there are many hurdles near USD 7,250, USD 7,350...
Canaan Crashed Almost 40% Amid Falling Bitcoin Price and Market Doubts
12.12.2019
Things are still not looking good for the second largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN), as it shares are searching for news lows after the debut on Nasdaq exchange on November 21, which made this the first mining company that went public on a major stock...
Bitcoin and Altcoins Sliding, Primed For More Losses
12.12.2019
In the past few sessions, bitcoin price remained in a bearish zone and settled below the USD 7,350 and USD 7,250 support levels. BTC/USD even broke the USD 7,200 pivot area and it seems like it could attempt a break below the USD 7,000 support area.
Moreover, there were bearish moves in most major...
There’s a New Game That Will Make You a Bitcoin Collector
11.12.2019
A game screenshot.
Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner.
The Cryptoverse...
Hedge Fund Chief ‘Concerned’ by Growing Bitcoin Stock-to-Flow Hype
11.12.2019
The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up...
Bitcoin and Altcoins Start Fresh Decrease, Bulls In Check
11.12.2019
After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down.
Similarly, there was a fresh decrease...