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Bitcoin Price & Technical Analysis: BTC Shows No Enthusiasm

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Launch of the BTC futures postponed again.The BTC price dropped to zero due to a technical problem.On W1 of the Bitcoin we can see a prolongued correction. The pattern still looks like a Triangle but is promising to turn into a descending channel. A breakaway of the resistance line may signal the end of the correction and the start of a new wave of growth. Securing above $11350.00 may confirm further...

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Facebook Was Wooing Regulators Before Controversial Libra Reveal

Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. This new revelation comes from Reuters, which received the details from freedom of information requests and claims that the responses illustrate an intentional effort to garner support for Libra before its unveiling in mid-June. The social media behemoth reportedly sat...

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NEO Launches NEO3 Preview1 On Testnet

Top features on NEO like on-chain and off-chain governance as well as Delegated Byzantine Fault Tolerance (DBFT) have already made it one of the more appealing blockchains for businesses and enterprises. Now, the project is adding additional features that improve functionality.What Is NEO3 Preview1?NEO3 Preview1 is the first look at some of the changes that are anticipated to occur when the project transitions from its current NEO2 protocol to NEO3. NEO3 TestNet, which was also released on...

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Deutsche Bank Investment Lifts Fintech Startup Deposit Solutions to €1B Valuation

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...

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TransferWise Posts Continuous Profit for Third Consecutive Year

U.K based fund transfer service, TrasnferWise Ltd, has announced that in its last fiscal year, the company’s revenues recorded growth by more than 50%. TransferWise which is fully backed by Sir Richard Branson as well as Peter Thiel’s Valar Ventures, had its fiscal year-end on the 19th of March, which confirms the company’s three-year consecutive profit streak.TransferWise successfully pulled in 179 million pounds (about $223 million) in revenue which is an increase of more than half of the...

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Bitcoin fällt wieder unter die Marke von 10K

Der Widerstand war zu groß. Der Markt bewegt sich wieder in eine Bärenphase, wobei jedoch noch nicht klar ist, ob der Support hält oder ebenfalls in den nächsten Stunden die Segel streichen muss. Insgesamt verlor der Markt satte 10 Milliarden US-Dollar in weniger als 24 Stunden.Bitcoin News: Bitcoin fällt wieder unter die Marke von 10KSelbst eine kleine Erholung des Kurses um 300 US-Dollar konnte den Bitcoinkurs nicht wieder über die Marke von 10K heben. Weniger als 9.600 US-Dollar war der...

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Binance to Launch OTC Trading Platform Next Month Supporting Chinese Yuan

The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...

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LinkedIn Introduces Skill Assessments Feature to Allow Users Verify Their Skills

LinkedIn, the largest social networking service for connecting career and business professionals, has rolled out a new LinkedIn Skill Assessments feature. With the new service, users are able to take tests to verify their skills and then add a ‘verified skill’ badge to their profile.Finding the #job meant for you just got easier. Stand out with LinkedIn’s new Skill Assessments: https://t.co/8GqnebwjLC— LinkedIn (@LinkedIn) September 17, 2019LinkedIn has conducted a research and found out that...

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Amazon Music Streamer Relegates Apple and Spotify with Its New HD Service

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

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Sub-$10,000 Bitcoin Price Spiral Triggers $150 Million BitMEX Liquidation

In a move that wasn't entirely unexpected, the Bitcoin price has plunged below $10,000 in a breakdown that started around 1 PM UTC this morning. The quick dump liquidated approximately $150 million in long positions on BitMEX. Everyone's Bitcoin Price Triangle To say that this morning's dump was not unexpected is to understate the current situation. Nearly every technical analyst with a TradingView account has drawn the same (or similar) descending triangle as the one reproduced below....

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