Bitcoin (BTC)

Following yesterday’s analysis, just a matter of hours, Bitcoin couldn’t hold, and the results were devastating.After trading sideways for almost a month, Bitcoin broke down the ‘neckline’ of the Head and Shoulders pattern that was identified here yesterday, followed by a huge red candle of more than $600. As of writing this, the low of the past 24 hours lies at $7300 (BitStamp). Bitcoin had lost $10,000,000,000 from its market cap since yesterday.Technical analysis is, for sure, not science....

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...

Yesterday the CEO of Facebook, Mark Zuckerberg appeared before Congress to answer questions, predominantly on Libra, their planned cryptocurrency. Congressman Brad Sherman took the opportunity to bash cryptocurrencies such as Bitcoin, saying that they could pose a threat to the US Dollar.Cryptocurrencies Could Be Harmful To The U.S. DollarDuring the hearing, Congressman Sherman was quick to address the challenges that cryptocurrencies such as Bitcoin could introduce to traditional fiat...

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. 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...

Mit der neuen Version 54 von Opera für Android hat der Browseranbieter auch Bitcoin-Support an Bord. Opera spürt den Konkurrenten Brave im Nacken und erfindet sich neu: Der aktuell erhältliche Opera-Browser gibt dessen Nutzer die Möglichkeit, direkt mit Bitcoin zu bezahlen. Ausserdem haben die Opera-Entwickler der verfügbaren Version 54 für das Betriebssystem Android neue...

Dass der Bitcoin-Kurs in den vergangenen Jahren nicht gerade stabil war, ist kein Geheimnis. Von Höchstwerten von über 20.000 Dollar bis zu Tiefstwerten von gerade einmal 3.000 Dollar, war nur Unbeständigkeit eine Sicherheit. Dass dieser Trend auch weiterhin nicht zu Ende ist, schätzen viele Experten. Doch ein Analyst der Kryptowährung zeichnet eine weitaus dramatischere Entwicklung des Wertes auf. Laut ihm könnte der Kurs der weltweit größten Kryptowährung auf ungefähr 300...

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...

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...

The end of the year is not looking good for the world’s biggest crypto asset. Recently, Live Bitcoin News produced an article asking if bitcoin would somehow repeat its November 2018 behavior. As things currently stand, this doesn’t seem too far off the mark.Bitcoin Has Crashed Again; Could Things Reverse Themselves Soon?While the currency isn’t likely to drop into the $3,000 range over the next two months, we are now seeing bitcoin trading at $7,400 – a massive loss of $800 over the past 24...

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....