EOS price is down more than 8% today and it broke the key $2.700 support area against the US Dollar.The price traded close to the $2.500 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its decline as long as it is trading below the $2.800 pivot area.EOS price is back in a bearish zone against the US Dollar and bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Key Support Turned Resistance
Litecoin price is down more than 5% today and it broke the key $51.20 support against the US Dollar.LTC price is correcting currently higher and it could face resistance near $50.00 and $51.20.There is a crucial bearish trend line forming with resistance near $53.75 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if it fails to recover above $50.00 and $51.20.Litecoin price is back in a downtrend below $52.00 against the US...
Read More »#735 Bitcoin Bärenmarkt voraus, Coinbase 2 Milliarden verdient & Zuckerberg Kongress Libra
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 735. Heute geht’s um folgende Themen: Bullenmarkt vorbei – Bitcoin Crash auf $7400, Coinbase hat seit 2012 über 2 Milliarden verdient & Zuckerberg steht dem Kongress bzgl. Libra Rede und Antwort. [embedded content] 1.) Bitcoin-Kurs fällt massiv – Das steckt hinter dem Crashhttps://www.btc-echo.de/bitcoin-kurs-faellt-massiv-das-steckt-hinter-dem-crash/ 2.) Coinbase Generated Nearly $2 Billion in Transaction Fees Since...
Read More »Blockstream CEO: Bitcoin Sidechains werden die Altcoins verdrängen
Blocksteam CEO Adam Black an der Korea Blockchain Week 2019 Foto: Zur Verfügung gestellt von D.Fine Weiterhin ist Bitcoin die mit Abstand beliebteste Kryptowährung. Laut einem führenden Krptoexperten könnten die Sidechains von Bitcoin jetzt auch andere Altcoins überflüssig machen. Adam Black, der bereits 1997 mit seiner Erfindung HashCash den Grundstein für die heutigen...
Read More »Mark Zuckerberg: Libra Can Make the U.S. a Financial Leader Again
The testimony of Mark Zuckerberg revealed some interesting takeaways. First, Zuckerberg seems to think that crypto is the future, and that the longer the U.S. waits to develop its own coin, the further it will fall behind. Second, many members of Congress still don’t trust crypto enough to push for mainstream status.Zuckerberg: The U.S. Stands to LoseIn his speech to Congress, Zuckerberg commented that countries like China are well underway in creating national digital currencies. He says...
Read More »Bitcoin Loses $800; Crashes to the $7,400 Mark
Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....
Read More »Congress Hearing: I Will Pull Facebook Out of Libra if Things Go Wrong, States Zuckerberg
Ever since Facebook officially announced its plans to float a digital currency and then released the Libra whitepaper, there have been very polar reactions to the idea, which continue to this day. The United States Congress right from the start has made it clear that they are not excited about the idea and would prefer it doesn’t continue. We have already reported that as part of the process of seeking regulatory support, Facebook CEO Mark Zuckerberg has been obliged to support his position...
Read More »Bitcoin Price Plunges $500 Within Minutes to 5-Month Low Below $7,500
The bitcoin price has plunged by nearly 10% on Wednesday to fall near a 5-month low. After flirting with a move to the upside above $8,000, the leading cryptocurrency dropped sharply below to just under $7,500. Bitcoin price chart | Source: TradingViewOther major-cap cryptocurrencies also followed Bitcoin’s spiraling crash by falling between 4% and 9% in value. The most adversely affected were the Bitcoin variants – BCH and BSV. Bitcoin trading near the ~$7,500 figure marks a low...
Read More »Bitcoin Price Plunges $600 to its Lowest Level Since May 2019
Bitcoin just lost another chunk of its value in a crushing red candle. Plunging to as low as $7,450, the largest cryptocurrency shed around 8% in less than an hour. This is the lowest level at which Bitcoin has traded since May of this year. The entire market was dragged down, as all major altcoins are also trading in the red.Bitcoin Plunges $600 in MinutesAs CryptoPotato reported earlier today, Bitcoin failed to gain momentum and struggled at key resistance levels above $8,000. As such, it...
Read More »INX Crypto Trading Platform Will Use Brave New Coin’s BTC and ETH Indices for Forthcoming IPO
Photo: ShutterstockPer a recent announcement, blockchain and cryptography data and research company Brave New Coin (BNC) has said that its cryptocurrency indices will now be applied by crypto trading service INX, as it prepares to launch its first fully approved security token sale. INX is focused on making sure that its offerings and practices are strict and as transparent as possible, a decision that has pointed the digital asset trading service in the BNC direction.According to BNC, INX...
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