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Bitcoin Crash: Bitcoin-Preis fällt um 9%

Bitcoin Crash: Was sind die Gründe? Seit einigen Wochen bewegt sich der Bitcoin nach einem deutlichen Absacker knapp in einer engen Range um die 8’000 US-Dollar Marke. Heute dann ein Crash um fast 10%. Was sind die Gründe? Momentan gibt es keine Anzeichen in den Netzerk-Kennzahlen. Einfach gesagt, der Kurs fällt, wenn Bitcoin verkauft wird. Und der Preis steigt, wenn die Nachfrage steigt. Facebooks Währung Libra als Auslöser? Auf Bloomberg...

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Ethereum Price Analysis: ETH Plumets Below $160 But Remains Strong Against The Falling Bitcoin

Ethereum saw a sharp 7.65% price plummet over the past 24 hours and it currently trades at $159.6. This price decline is largely a result of Bitcoin dropping by a steep 9% as it collapses beneath the $7,700 support. ETH remains promising against BTC which might even stall the decline against the USD.  Ethereum is the second-largest cryptocurrency with a market cap of $17.39 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency collapsed beneath...

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Bitcoin Price Plunges $500 Within Minutes to 5-Month Low Below $7,500

The bitcoin price has plunged by nearly 10%  on Wednesday to fall near a 5-month low. After flirting with a move to the upside above $8,000, the leading cryptocurrency dropped sharply below to just under $7,500. Bitcoin price chart | Source: TradingViewOther major-cap cryptocurrencies also followed Bitcoin’s spiraling crash by falling between 4% and 9% in value. The most adversely affected were the Bitcoin variants – BCH and BSV. Bitcoin trading near the ~$7,500 figure marks a low...

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Bitcoin Price Plunges $600 to its Lowest Level Since May 2019

Bitcoin just lost another chunk of its value in a crushing red candle. Plunging to as low as $7,450, the largest cryptocurrency shed around 8% in less than an hour. This is the lowest level at which Bitcoin has traded since May of this year. The entire market was dragged down, as all major altcoins are also trading in the red.Bitcoin Plunges $600 in MinutesAs CryptoPotato reported earlier today, Bitcoin failed to gain momentum and struggled at key resistance levels above $8,000. As such, it...

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Bitcoin Has Proven Itself as the Best Store of Value Over the Last Decade

Since 2010, bitcoin has died 377 times at the hands of experts and popular media outlets. At the height of the bear market in 2018, bitcoin was declared dead a total of 90 times. Peter Schiff is just another personality to recently call the death of bitcoin. | Source: TwitterWe are hurtling towards the end of 2019 and bitcoin is doing so well that it managed to carve a niche in today’s financial system. We talked to crypto traders, blockchain executives and researchers and they all...

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Australian Police Seize Illegal Gun Runner’s Bitcoin to Cash 2000% Profit

Australian authorities have become unwitting benefactors of Bitcoin’s impressive bull run in recent years. The Australia Federal Police’s latest Annual Report highlights a bust which netted them a cool 2000% profit. In it, the Feds reveals seized bitcoin worth approximately A$ 7,300 ($ 4,995) in 2016  from a man using the cryptocurrency to purchase three weapons in contravention of the 1901 Customs Act. The Australian Federal Police (AFP) posted this image of the paper wallet seized...

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BND Capital; Save time and generate profits with a managed investment account

Discretionary investment management firm BND Capital offers a new way to profit from trading without having to stay on top of the markets every day. BND Capital offers a completely managed service through an innovative and easy to use online platform. Instead of trading every day and devoting hours to research, BND Capital allows investors to deposit funds into their investment account and have it invested by professionals through a proven trading strategy powered by sophisticated trading...

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Run away from Beyond Meat’s (BYND) Stocks, Says Jim Cramer

Photo: Beyond Meat / FacebookNow we all know Jim Cramer to be one of the most outlandish characters ever on TV but his advice a lot of the time makes total sense. Take the case of Beyond meat (BYND) which is the meat-substitute startup that was founded in 2009 by Ethan Brown. With the stronger performances of competitors that are eating at its market share where retailers are concerned and lower liquidity ratios than expected the popular analyst believes that the bubble has burst for the...

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5 Reasons Why Facebook’s Libra May Never Launch

Facebook announced in June this year its plans to launch a cryptocurrency dubbed Libra. However, the company has seen a prominent backlash of media and regulatory attention ever since, grilling the project across a variety of essential parameters. With this in mind, let’s explore at least five reasons for which Libra may not launch – something that has been seen as entirely positive within the cryptocurrency community.Regulatory PressureIt didn’t take long before Facebook’s future...

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Snapchat’s Q3 2019 Earnings Beat Estimates, Revenue Shoots 50% YoY

Snap Inc., the parent company of multimedia messaging app Snapchat has delivered a strong performance in Q3 2019 and beats analysts’ expectations. The company has seen a major uptick in its user-base and revenue while limiting its losses even below the expected value.The net loss has decreased to $227 million from $255 million in Q2 2019 while it has decreased nearly $100 million QoQ. Last quarter, Snapchat added 7 million daily active users taking the total tally to 210 million. There is a...

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