The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency market. Since falling to $7,700, the bitcoin price has recovered to $8,200, critically avoiding a steep drop to the low $7,000 region to test low-level supports in the short term. The bitcoin price (BTC) has historically risen after CME bitcoin futures expiration, which could trigger a cryptocurrency market recovery. | Source: Luke MartinLuke...
Read More »Bitcoin Perma-Bull Tom Lee Rings Warning Bell on ‘Treacherous’ BTC Trading
Amid a volatile week for bitcoin, Fundstrat’s Tom Lee has come out urging against anyone considering trading BTC in the foreseeable future. Tuesday marked a three-month low for bitcoin as a 17% freefall weakened underlying support significantly, leading BTC to breach well into $8,000 territory. As if to pour salt in the wound, yesterday saw another critical level of support cave in, as BTC fell into the $7,000 region. BTC’s three-month low following this week’s dreary performance. | Source:...
Read More »IOVLabs Subsidiary RSK Buys Spanish Social Media Platform Taringa
Recently it has come to light that RSK, an IOVLabs subsidiary, that calls itself the “first open-source smart contract platform secured by the Bitcoin network”, has purchased Taringa. It is important to highlight that it is the most popular Spanish-speaking social network with 30 million users. According to the recently revealed data, this platform is used by 28% of internet users. This figure is better than the results of Snapchat, Skype, and LinkedIn.RSK also has a native token RIF which...
Read More »Kim Schmitz: Jetzt kommt der KIM Token
KIM Kryptowährung basiert auf Bitcoin Der umstrittene Internetunternehmer und Hacker Kim „Dotcom“ Schmitz hat eine eigene Kryptowährung angekündigt. Der K.IM genannte Token soll ab dem 22. Oktober 2019 im Rahmen eines Initial Exchange Offerings (IEO) über die Handelsplattform Bitfinex angeboten werden. Ziel des Coins ist es, die Bezahlung von Medieninhalten im Netz zu vereinfachen. Künstlerinnen und Künstler sollen damit einen größeren...
Read More »Mark Yusko: Everyone Should Be Purchasing Bitcoin
When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs. Yusko: BTC Is an Important AssetIn a recent interview with CNBC, the CEO of Morgan Creek Capital told his listeners to “buy it” when it came to bitcoin and said that we should not be thinking about the recent price drops. He said that while all assets will fluctuate, bitcoin is still in...
Read More »Trust Dice Launches New Provably Fair Betting Platform, Bitcoin Casino
The new Trust Dice provably fair Bitcoin Casino supports a variety of cryptocurrencies including EOS, ETH, USDT, and BTC, providing gamers with a new and exciting way to play provably fair blockchain-based games. New games launched via the Bitcoin Live Casino include Slots, Jackpot Slots, Blackjack, Baccarat, Roulette, and Video Poker.Trust Dice players can place bets and win with ETH, USDT, and TRX upon launch of the Bitcoin Casino, with support for other cryptos such as EOS, and TXT added...
Read More »Despite All the Hype, Libra May Be Delayed After All
If you think bitcoin is having a hard time this week, talk to Mark Zuckerberg about Libra and you’ll probably think bitcoin isn’t doing so bad. Libra Encounters More DelaysAt press time, bitcoin is trading for just under $7,900, meaning it’s crashed even harder over the past 24 hours. Marcus Swanepoel, the chief trader of bitcoin and its crypto cousins at Luno, says that this behavior is pretty much affecting every major cryptocurrency on the market, and that the trends are not specifically...
Read More »Lumi Wallet October Bitcoin Giveaway
Lumi wallet is celebrating the new option to buy crypto with a credit card in the wallet with a Bitcoin Giveaway Spree, giving its users a chance to win a soaring Bitcoin reward.In September, Lumi added a new feature that allows users to buy crypto with a credit or debit card safely in-wallet. Now, with fiat-to-crypto transactions enabled, Lumi Wallet stands on par with major crypto wallets.The coming Bitcoin Giveaway Spree is somewhat similar to the EOS accounts giveaway that Lumi Wallet...
Read More »Litecoin Price Analysis: LTC Plunges To $55 Charting A Death Cross, More Pain Ahead?
Litecoin decreased by around 26% over the past week, following the rest of the market and Bitcoin’s violent plunge. The cryptocurrency saw another 3% drop today which brought its price down to $55.Although the situation may be looking pretty dire against the USD, LTC is holding pretty firm against BTC as it moved sideways during the latest period of instability. Litecoin is now the sixth-largest cryptocurrency with a market cap of $3.49 billion.Since our previous Litecoin analysis, LTC has...
Read More »Crypto Twitter’s Biggest Bull Predicts a Bitcoin Bounce to $12,000
On July 26th, CCN reported that Crypto Twitter’s (CT) biggest bull, Majin, has turned bearish and called for a bitcoin plunge to $7,000. Two months later, the call of the liquidity game theorist is coming to pass. As of this writing, the most dominant cryptocurrency is rapidly descending to support of $7,000. Majin was right to say that demand at $8,000 is so weak that it won’t ignite a bounce. Majin predicting the breach of $8,000 months ago. | Source: TwitterNow that we’re headed to...
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