Crypto news

Peter Schiff believes bitcoin is breaking out of a bearish formation and is heading to $1,000.A renowned technical analyst thinks that such a bearish pattern could, instead, take BTC to $4,000, if validated.Several technical indicators add credibility to a further drop, but there is still a chance for a rebound.On Oct. 19, the veteran gold bug and longtime crypto critic Peter Schiff entertained the idea that a head-and-shoulders pattern was developing on bitcoin’s 1-day chart. He said that if...

YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market YouHodler’s “Turbo Loan” feature lets users take a “chain of loans” in one click to help multiply their crypto portfolio. So in a bear market like this, see how you can “Turbocharge” your crypto up to ten times, while also lowering interest fees, eliminating fees on crypto purchases and creating a better way to earn crypto. Earn crypto: How „Turbo Loans“ work YouHodler...

Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...

Stellar lumen price is down more than 20% and it recently traded below $0.0600 against the US Dollar.XLM price is currently sliding and it seems like it could soon test the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is unlikely to correct higher unless the bears fail to push the price below $0.0512.Stellar lumen price is sliding heavily against the US Dollar, similar to bitcoin. XLM price...

Sunday seemed somewhat optimistic as Bitcoin was finally in the green after days of red candles. Even though there was a blunt sense of relief in the community – it didn’t last long. Before the bulls had a chance to return, the bloodbath continued today with even more losses.Today, Bitcoin’s price dropped down to $6,500 before recovering a bit to its current point at around $6,700. The cryptocurrency is down by 7% in the past 24 hours. The situation looks even worse over the past ten days....

The chief of Norilsk Nickel, Vladimir Potanin, whose company is planning to issue stablecoins backed by palladium by the end of this year, made a statement about the “good level of communication with the Bank of Russia,” regarding digital asset legalization.A Russian billionaire, Vladimir Potanin, promotes more active usage of blockchain technologies and digital assets in the industry. The businessman expects new laws for digital financial assets in the near future.“The industrial companies...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 757. Heute sprechen wir über folgende Themen: Bitcoin bald auf $2500, Bakkt Bitcoin Futures Rekordvolumen & E-Yuan statt US-Dollardominanz: USA simuliert Währungskrieg mit China. 1.) Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350https://cointelegraph.com/news/bitcoin-price-drop-to-25k-possible-if-bulls-fail-to-retake-7-3502.) Bakkt Bitcoin Futures Rekord: 2728 Kontrakte inmitten des...

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

CryptoFranc (XCHF) a stablecoin issued by Swiss Crypto Tokens AG The relative market volatility of crypto asset markets can sometimes be a reason for stress. Meanwhile, there are assets which do not exhibit such volatility; they are called stablecoins. Because the value of stablecoins is pegged to another currency or asset (such as the US dollar or gold), they are generally...

Libra has been attacked from all sides, but now people are even starting say its introduction to the financial space was ill-planned.Libra Hasn’t Tried to Clean Up Its ActLibra first emerged last summer to mixed reception. Many users said they didn’t trust Facebook enough after the Cambridge Analytica scandal to give the company their financial data, and many politicians were concerned that Libra would potentially open the door to money laundering and other white-collar crime.However, others...