Our previous price analysis had identified a tight range in which Bitcoin is trading inside. Over the past hours, this range is seemingly cracking down, to the downside.For the past five days, Bitcoin was trading between $7300 to $7600. Despite a fake-out that reached the mentioned resistance area of $7700, Bitcoin was trading inside a descending channel, which can be seen on the following 4-hour chart.Adding negative indication coming on behalf of the Relative Strength Index (the RSI), as of...
Read More »Sociétés crypto, faites attention au décret PSAN !
La plupart des sociétés dans le secteur des cryptomonnaies seront prochainement affectées par les conséquences du décret n°2019-1213 du 21 novembre 2019 relatif aux prestataires de service sur actifs numériques (PSAN). L’échéance est courte : les derniers textes d’application du décret (deux instructions et la modification du règlement général de l’Autorité des Marchés Financiers) sont attendus courant décembre. La publication au...
Read More »Bitcoin Nosediving for Weeks while Chinese Glee Dims
Bitcoin, the world’s most famous cryptocurrency continued through this fall following charges from sharp pickups the previous month, plunging nearly 40% in just hours after China’s head of state made hopeful statements about blockchain innovation.The digital money started in November at $9,131.42, before hitting $9,526.17 on November 4, after which it nosedived over 30% to a month at a monthly low of $6,524.55 on November 25.Bitcoin endured some outstanding losses a month ago, after a bearish...
Read More »Altcoin Meltdown Intensifies as Tezos, Ravencoin, VeChain Take the Plunge
The altcoin market sheds more than $2 billion in value on Tuesday. Bitcoin price approaches $7,200 on major exchanges. Volatile trading conditions follow a surprise announcement by Huobi Group that its U.S. operations are closing. Bitcoin’s gravitational pull on the wider cryptocurrency market was evident on Tuesday, as altcoins lost billions in collective value. There was no immediate catalyst for wider market selloff, though bitcoin’s inability to climb above technical resistance and...
Read More »Dubai-Based Crypto Exchange BTSE Plans to Raise $50 Million Using Bitcoin Sidechain Liquid
In what seems like a plus for the cryptocurrency community, Dubai-based cryptocurrency exchange BTSE has decided to raise $50 million of its token come March 2020. Sources also further indicated that the exchange plans to issue a total supply of 200 million tokens in the due course of time at $1 each and then to buy them back and burn 100 million. The pitch deck for the offering reads:“Funds raised will be allocated toward user acquisition to increase overall platform revenue, platform...
Read More »Bitcoin Currently Stuck in Bearish Pattern, Breakout Expected
Bitcoin is not only the largest digital asset in the crypto market by market cap, it’s also one of the most profitable as it has been returning consistent profits for its hodlers and investors over the years. The asset’s popularity also ensures that it’s consistently being talked about, with various price predictions and analysis posited by several analysts and strategists. One of such from Bloomberg shows that Bitcoin’s near future isn’t looking very great.Bitcoin at press time is trading...
Read More »” Bitcoin Mixer IO, Emerges as a Solution to Help Secure Cryptocurrency Transactions from Hackers.”
Recently, Bitcoin Mixer, a service that guarantees the anonymity of Bitcoin blockchain transactions, with a minimum fee has attracted attention.It’s easy for many people to think Bitcoin Transactions as anonymous, but it’s not that difficult to link a Bitcoin wallet with the owner’s identity within the crypto space.As a result, during the cryptocurrency trading, not only the owner but also the exchange can expose all the transactions on the blockchain within the risk of malicious hacking,...
Read More »Tron (TRX) Price Analysis: Bears In Control, More Losses Likely
Tron price is currently trading well below the $0.0150 and $0.0155 resistances against the US Dollar.TRX price is struggling to stay above the main $0.0142 support area.There is a major bearish trend line forming with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more losses towards the $0.0131 and $0.0130 support levels.TRON price is showing a few bearish signs against the US Dollar and bitcoin. TRX price could decline further towards...
Read More »#768 Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung China
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 768. Heute sprechen wir über folgende Themen: Wie wahrscheinlich ist eine endgültige Bitcoin Kapitulation, Ethereum Istanbul Hardfork live & Test digitaler Staatswährung in China bis Jahresende. [embedded content] 1.) Für Bitcoin geht’s jetzt um alles: Wie wahrscheinlich ist eine endgültige Kapitulation?https://coincierge.de/2019/fuer-bitcoin-gehts-jetzt-um-alles-wie-wahrscheinlich-ist-eine-endgueltige-kapitulation/...
Read More »Blockchain-Based Collectible Coins Announced by Lithuanian Central Bank
According to the press release, the Bank of Lithuania wants the youth to buy collectible coins that remind them of history, money and virtual tech. That’s why the newly prepared coins will live both on a blockchain and in real life. The physical copies will contain signatures of people standing behind the local Act of Independence from 16 February 1918.Per Marius Jurgilas, the Board member of the BoL:“This innovative coin will feature the signatories due to their significant role in the...
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