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Market Watch: After a Bloody Wednesday, Bitcoin Struggles At $13,000 As ETH Below $400

Bitcoin went on a roller-coaster ride in the past 24 hours from a new yearly high of nearly $14,000 to dipping below $13,000. Most altcoins mimicked their leader, and the total market cap has dropped by $15 billion. Bitcoin’s Wild 24H Ride As CryptoPotato reported yesterday morning, everything seemed to be going in BTC’s way. The cryptocurrency was surging and peaked at another 2020 high. In fact, with a price of $13,865, it came inches away from breaking last year’s record...

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#1002 Aktienmarkt Dump, JPM Coin & Unbestätigte Bitcoin Transaktionen & Gebühren steigen

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1002. Im heutigen Video geht’s um folgende Themen: Aktienmarkt erlebt schlimmsten Tag seit Monaten, JPM Coin – Ein Versuch anzuknüpfen & Unbestätigte Bitcoin Transaktionen steigen. 1.) Aktienmarkt erlebt schlimmsten Tag seit Monaten – doch Bitcoin steigt unbeirrt weiterhttps://coincierge.de/2020/aktienmarkt-erlebt-schlimmsten-tag-seit-monaten-doch-bitcoin-steigt-unbeirrt-weiter/ 2.) JPM Coin: Der Versuch an...

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EOS Price Analysis: Holding Ground Above Key Support

EOS traded to a weekly high at $2.755 before starting a downside correction against the US Dollar.The price is currently trading above $2.620 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $2.688 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its rise if it clears the $2.700 and $2.720 resistance levels in the near term.EOS price is holding important supports above $2.600 against the US...

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Litecoin (LTC) Price Analysis: Holding Key Uptrend Support At $55

Litecoin price traded to a new monthly high at $60.92 before correcting lower against the US Dollar.LTC price is currently trading above the $55.00 support level and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $56.15 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it stays above the $55.00 support in the near term.Litecoin price is correcting gains from the $61.00 zone...

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Bitcoin Price Analysis: BTC Crashes Under Major Resistance, Will $13K Hold?

Bitcoin bulls are trying to regain lost ground after failing to break the high set back on June 26, 2019, at $13,880. This would’ve been the highest price Bitcoin has reached in over 490 days, however, heavy selling pressure and a weakening uptrend caused prices to tank over 7% in under 12 hours. Right now, the leading crypto is back inside a rising channel pattern and stuck under the median line resistance (white dashed middle line on the following chart). Over $17 billion...

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Bitcoin-Friendly Avanti Receives License to be The Second Crypto Bank in The US

Now the United States can boast a new crypto bank: Welcome Avanti. Avanti Financial Group, a firm founded by the former managing director at Morgan Stanley, Caitlin Long, announced that it had been granted a license to offer banking services by the Wyoming State Banking Board. Avanti is The Second Crypto-bank Operating in the United States With this decision, Avanti becomes the second crypto company to receive a banking license after the crypto exchange Kraken was also...

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PayPal Says Goodbye to Epik, Citing Legal Crypto Issues

Following news that PayPal would allow its customers to pay for goods and services with crypto assets like bitcoin, the digital payments firm has announced that it is ending its relationship with a venture known as Epik due to alleged risks and other issues stemming from the company’s crypto department.PayPal Says Adios to EpikTypically, the company works with PayPal by registering web domains and hosting the enterprise’s transactions, though these transactions will no longer be processed for...

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Bitcoin Takes a Few Steps Back, Trading Below $13,000

Well, it looks like bitcoin has taken a fall in the past 24 hours, but why?Bitcoin Dips in the Past DayJust a day ago, the world’s number one cryptocurrency by market cap had crossed the $13,000 line for the first time in over a year. The asset had shot up to approximately $13,100 and many were celebrating that things were really turning around for the coin, which had had a rather dismal September.The price expansion came following news that PayPal – arguably the largest digital payments...

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Mike McGlone: BTC Could Hit Six Figures in Five Years

Mike McGlone of Bloomberg has stated that bitcoin can potentially reach the $100,000 mark over the next five years as it gets closer to becoming a store of value instead of a payment currency.McGlone: $100K Could Be Here SoonOver the past seven months, something rather strange and intriguing has happened with bitcoin. For a long time, the agenda of crypto serving as a payment system has been pushed with little to no success. While there are a few platforms out there that accept BTC as a...

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Coinbase Launches A Crypto Debit Card With 1% Reward on Bitcoin Spendings

The largest US-based cryptocurrency exchange Coinbase announced today the launch of a Visa debit card, allowing customers to spend digital assets for everyday purchases. According to the official statement, the Coinbase Card will provide clients the opportunity to earn up to 4% back in cryptocurrency rewards. It will be available in nearly 30 countries, including the US, the UK, and across Europe. It will be connected to customers’ Coinbase accounts, and they can spend the...

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