Since the massive price drop at the beginning of this week, and for the past three days, Bitcoin is trading a little above the $8000 support area.This $8000 support line is getting its strength from the 78.6% Fibonacci level, along with the mid-term ascending trend-line and the historic price support area of $8000.From the bullish perspective, the fact that the $8K support had held for the last three days might become a ground for a positive correction; however, the bulls anticipating that...
Read More »#754 ShapeShift streicht Gebühren, 200Mio Bitcoin Cash Investment Fond & Fidelity Digital Lizenz
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 754 gesponsert von www.Bitsonar.com – ShapeShift streicht alle Trading Gebühren, Bitcoin.com startet $200M Bitcoin Cash Investment Fond & Fidelity Digital New York Trading Lizenz. 1.) ShapeShift streicht alle Gebühren – Genialer Schachzug oder letztes Aufbäumen?https://bitcoin-kurier.de/shapeshift-streicht-alle-gebuehren-genialer-schachzug-oder-letztes-aufbaeumen/ 2.) Bitcoin.com Launches $200M Bitcoin Cash...
Read More »Crypto Price Analysis November 20: BTC, ETH, EOS, LTC, BCH
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The Bitcoin quotations failed to secure above the resistance level, and now a decline is very probable. However, if the buyers manage to push the price above $9800, growth will also become possible. The Bitcoin Cash chart looks interesting: there is a reversal pattern forming, promising growth,...
Read More »Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?
In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...
Read More »Roger Ver Set to Rival Bitcoin and Ethereum with His $200 Million Fund for Bitcoin Cash
Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...
Read More »Galaxy Digital Partners With Bakkt and Fidelity in Creating “Elderly” Bitcoin Funds
Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...
Read More »KPMG Unveils Its 2019 Fintech100 Rankings, Bitcoin-Related Companies Slip Down
On Monday, November 18, the big-four auditing giant KPMG unveiled its ranking for the top 100 companies in FinTech for 2019. The report shows that the Chinese and Asia-Pacific regions have dominated the rankings.Alibaba‘s payments wing Ant Financial topped the 2019 FinTech100 KPMG rankings. Last year in 2018, the payments and transactions companies dominated the rankings along with other companies from the insurance, wealth management, and lending sector. Another observation from the report...
Read More »Bitcoin Price Analysis: BTC Trend Turns Significantly Bearish
Bitcoin price is declining and trading well below the $8,380 pivot zone against the US Dollar.The price is consolidating near the $8,000 and facing a lot of hurdles on the upside.There is a key bearish trend line forming with resistance near $8,380 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct higher, but sellers are likely to remain active near $8,310 and $8,380.Bitcoin price is trading in a significant downtrend below $8,500 against the US Dollar....
Read More »#753 Kryptowährung als Krisenwährung, Monero Wallet Hack & Novogratz Bitcoin-Fonds
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 753 gesponsert von www.Bitsonar.com – Heute geht’s um folgende Themen: Kryptowährung als Krisenwährung, Monero Wallet Hack & Novogratz Investmentbank will mit neuen Bitcoin-Fonds ältere Anleger abholen. 1.) Bei Bankrott Bitcoin: Kryptowährung als Krisenwährunghttps://www.btc-echo.de/bei-bankrott-bitcoin-kryptowaehrung-als-krisenwaehrung/ 2.) Monero Binaries manipuliert – Diebe stehlen XMR aus den...
Read More »Fidelity Digital Finally Gets Its NY Trading License
Boston-based mutual fund behemoth Fidelity, that has incorporated more than $2.8 trillion in assets, has finally won its license from the New York State Department of Financial Services, the company confirmed on Tuesday.Actually it’s the subsidiary of this giant, called Fidelity Digital that has been opting for the license since July this year. The license will enable it to work with New York companies by offering them custody services and cryptocurrency trading.The company said in the blog...
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