Bitcoin (BTC)

The bitcoin price collapsed in the last 24 hours, shedding $1,500 in a dramatic selloff. The plunge hit altcoins even harder, wiping a total $38 billion off the cryptocurrency market capitalization. As panic spreads across the market, a little-known trading indicator called the ‘fear and greed index’ flashed red. At a reading of 15, it indicates ‘extreme fear’ in the cryptocurrency market - the lowest in more than a month. But to some investors, this signal might indicate a buying...

Stockbroker, financial commentator, and gold proponent Peter Schiff’s disdain for bitcoin is well known. The gold bug hasn’t held back in his criticism of the flagship cryptocurrency, calling it a “Ponzi Scheme” earlier this year. He now seems to be taking sadistic pleasure as the price of bitcoin is crashing, and he is rubbing it into crypto bulls with a gloomy price forecast. Peter Schiff suggests that the bitcoin price rally is over According to Peter Schiff’s tweet, he believes that the...

The crypto market crashed yesterday as Bitcoin and major altcoins marked severe double-digit losses. A popular crypto analysist in Tweeter thinks that a serious market crash can actually turn out to be a positive thing for altcoins. Bitcoin holders might see the bearish trend as the beginning of the next major altcoin season.Altcoin Season on the Horizon?Per the opinion of the popular crypto analyst DonAlt, in order for the next altcoin season to arrive, Bitcoin has to experience a harsh...

The U.S. Securities and Exchange Commission (SEC) again delayed its decision about Bitcoin exchange-traded fund (ETF) proposed by New York-based investment-management firm Wilshire Phoenix.As per the public filing, SEC needs to assess the proposed rule change to allow NYSE Arca in order to deal with shares of Wilshire Phoenix’s Bitcoin and Treasury Investment Trust. Arca first started seeking regulatory approval from the SEC for a different type of stablecoin. Dubbed as the Arca UST Coins –...

About a week ago on Thursday the 19th of September, the Committee on Financial Services scheduled Tuesday 24th, as the day for a Congress crypto hearing. Tagged “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, the hearing was arranged to discuss several crypto-related issues including the SEC’s regulation of the sector, Exchange-Traded Funds (ETFs), Facebook’s Libra, and also a possible categorization of digital assets as official securities.The hearing...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 714. Heute geht’s um folgende Themen: Bitcoin für die Massen: Frankreich pusht Adaption & Nach Bitcoin Einbruch glaubt Peter Schiff das BTC bald auf 4k fallen wird. 1.) Bitcoin für die Massen: Frankreich pusht Adaptionhttps://www.btc-echo.de/bitcoin-fuer-die-massen-frankreich-pusht-adaption/ 2.) Peter Schiff: Bitcoin Price Now at ‘High Risk’ of $4,000 or...

Crypto payments seem to have achieved mainstream use: in France, 30 famous brands are going to launch support for Bitcoin payments. By early 2020, over 25,000 sales points will allow their customers to make purchases in Bitcoin. Among the retailers that will support the initiative are sportswear giant Decathlon, sneakers emporium Foot Locker, cosmetics store Sephora, furnishings retail chain Conforama, design company Moustache and more.The news has been announced during Paris Retail Week on...

The price of Bitcoin (BTC) collapsed in extreme fashion late last night. Some individuals were able to capitalize on the move more so than others — with the world's biggest cryptocurrency available at $1,800 per coin with Binance's own stablecoin, Binance USD (BUSD). BUSD currently is ranked 2064 by market capitalization and has a small 24-hour trading volume of $743,509 — or only 74.49 BTC — according to CoinMarketCap. It is this low liquidity that may have been responsible for the extreme...

Just yesterday we had warned from a Bitcoin price dump coming, as the coin was getting very close to the bottom line of the symmetrical triangle. Another warning sign came from the mini Death Cross between the 50 and the 100-days moving average lines, seen on the following daily chart.Those who don’t believe in technical analysis can’t ignore the fact that a triangle pattern was built since June, and for almost five months, we saw the triangle providing support and resistance for Bitcoin....

Bitcoin price is down roughly 10% and it broke the key $9,000 support against the US Dollar.The price is currently consolidating losses below $9,000 and it could continue to slide.There was a break below a crucial breakout pattern with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to break the $8,150 and $8,000 support levels to extend its decline in the near term.Bitcoin price is back in a downtrend below $9,000 against the US...