Bitcoin continues to trade below the psychological $7,000 level, following Monday’s wide-spread crypto sell-off that caused the market to shed over $10 billion in value. All top 10 cryptocurrencies continued to trade at fresh monthly trading lows, though XRP was affected and continued to rack up losses under the $0.20 level. BTC/USD long positions continue...Read More
Ethereum fell by a steep 7% this past day, causing it to break below the previous range-bound condition. ETH slipped beneath a symmetrical triangle against BTC as it tumbled below 0.02 BTC. The cryptocurrency has now lost a steep 30% this past month. Key Support & Resistance Levels ETH/USD Support: $145, $138.80, $133.50 Resistance: $152,...Read More
Bitcoin price may be falling once again into a downtrend and is at risk of revisiting bear market lows not seen since earlier this year.The post appeared first on NewsBTCRead More
You’ve probably heard of the Pareto principle, or the 80/20 rule. To put it briefly, it suggests that 80 percent of the effects come from 20 percent of the causes. For cryptocurrency trading, the principle should be redefined as the 95/5 rule, or the Bitwise principle. The crypto-asset management fund made headlines in the crypto-world...Read More
When YouHodler announced the release of a new feature this week, we here at NewsBTC knew there would be one question on everyone’s mind. What is a “Multi HODL” and why should anyone care? Thankfully, the CEO of YouHodler, Ilya Volkov is here right now to clear up any questions and teach us a thing...Read More
Cryptocurrency companies and services based in the EU have less than a month to adjust their business operations to comply with a new set of rules. As of January 10th, The Fifth Anti-Money Laundering Directive (5AMLD) will be in effect, requiring KYC, and monitoring all transactions. 5AMLD In Action From January Regulators across the world...Read More
On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may also be driving down the price of bitcoin.” Also read: Mystery Surrounds...Read More
When volatility picks up, Bakkt is never too far. Institutional investors are gearing up for an early-Christmas party, one which will see more positions in Bitcoin Futures contracts than ever before. Bakkt saw yet another high in its open interest [OI] on 16 December as the underlying cryptocurrency, Bitcoin, dipped below $7,000. According to Skew...Read More
On Tuesday, December 17th, the LTC cryptocurrency is declining, trading at $39.76. On D1, there is a downtrend developing. Upon reaching 76.0% and an attempt of a pullback to 61.8% Fibo, the quotations formed another declining wave. They have renewed the previous daily minimums and headed for the yearly fractal support line at $22.25. The...Read More
Online Casino in Australia There’s nothing as intriguing as being able to play pokies on your favorite gambling sites using your favorite cryptocurrency. Many betting platforms are beginning to embrace the idea, and its safe to say crypto-gambling is here to stay. One of the many reasons why crypto-gambling stands out is the ease with...Read More
On Monday, the Bitcoin (BTC) price started to falter. After trading above $7,000 for days on end — a consolidation that forced volatility levels to hit multi-month lows— the cryptocurrency slipped on Monday morning, falling from $7,100 to $6,800 in three five-minute candles, catching many traders with their proverbial pants down.Despite the fact that the...Read More
As the jingling of bells and the adorable decorations at every corner of the city, BitMart is going to celebrate Christmas 2019 with a whole new trading competition, giving away a total of 17.5 BTC + 2,240,000 BMX. Come and join BitMart Christmas BMX Trading Competition! Campaign Period: 12/19/2019 10:00 AM to 1/10/2020 5:00 AM...Read More
Since peaking on 26 June, Bitcoin‘s price has been on a consistent decline, having lost over 51 percent of its valuation, at press time. Many people in the crypto-community have pointed their fingers at various factors, seeking to find the reason behind such a price decline. While some claim price manipulation by whales and exchanges...Read More
Most of the Crypto Market is bleeding red for weeks together. Although the cryptos were in the bearish zone, the plunge used to be bare minimum ranging from 0.5% to 3%, you can say. However, the last 24 hours seem to be very excruciating for the crypto market. Most of the altcoins are showing a...Read More
Coinbase has become one of the most popular cryptocurrency exchange in the world, It has an established reputation for its transparency and efficiency. Moreover, It is rapidly expanding the user base and a massive following, it is one of the top destinations for crypto trading. Let’s dig in to know more about the Exchange and...Read More
Despite countless exchanges for cryptocurrency specifically, Bitcoin; Poloniex exchange remains a leader. It has been surviving in this industry holding endless features that traders always search for. Poloniex exchange prides itself for providing advanced trading functionalities and maximum security. About Poloniex Exchange Poloniex Exchange came into existence in 2014 and is operating in the United...Read More
An Ethereum wallet address loaded with 530k ETH from the ICO pre-sale has dumped over half since September 25. Prior to this date the tokens had been HODLed since the 2015 Initial Coin Offering. Pre-ICO ‘Whale’ Account The wallet address (and recent sell-off) was brought to the public attention in a tweet from D5 -Data Science...Read More
The crypto sector has gone through a turbulent year, with significant developments in the background. Despite the setbacks, there are expectations for significant trends that will shape the moods, attitudes, and decision-making in 2020. Report Lists Growth Vectors and Failing Crypto Trends The year 2020 comes with various predictions as the Bitcoin (BTC) market is...Read More
The Italian cabinet has decided to financially assist Popolare di Bari bank with a 900 million euro-large capital injection. The establishment is the biggest lender in the southern part of the country. According to new reports from Italy, this Sunday, the country’s government decided to approve an emergency decree regarding one of its major lenders,...Read More
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We believe in the power of cryptocurrency and its potential. Mining should to be available to anyone...Read More
WAVES led the market with a 43% gain as STRAT posted a 20% win but Japanese-focused MIN was the biggest winner on the week. WAVES The WAVES cryptocurrency was one of the top performers on the week with a 43% gain. The move higher is in contrast to a disappointing year for the coin which...Read More
The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B. The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins....Read More
There was a time when institutional investors were reluctant to enter the crypto-market owing to the high volatility and lack of regulatory clarity inherent to the market. However, things are changing for the better in 2019. There has been a proliferation of trading venues that have resulted in dramatic structural changes to the cryptocurrency industry....Read More
What has been a surprise today are the epic dumps by high cap crypto assets such as Ethereum, BCH, Litecoin, and EOS. Altcoins Nearing Crypto Winter Lows Total market capitalization has dumped by almost $10 billion over the past twelve hours or so. The plunge took crypto markets down to $186 billion, their lowest levels...Read More
Accenture, with its brand name in digital technology, has turned towards blockchain to enhance global trade experience for its customers. The company has partnered with the Dublin-based distributed ledger technology company TradeIX as per a Tuesday announcement. The current trade finance process involves a lot of paperwork and is tedious to do. TradeIX plans to...Read More
Gaming company DAOGroup has announced that the long-awaited DAOBet mainnet has been launched by validators. 16th December 2019 – DAOBet (ex DAO.Casino) is a blockchain for the iGaming 3.0 industry, with the mainnet launched by validators on November 27th, 2019. The mainnet was launched by 21 leading block producers with eight more validators on standby....Read More
Many in the crypto community are calling Roger Ver’s decision to list the very dubious HEX token just that. HEX Listed on Bitcoin.com The week the Bitcoin.com crypto exchange, which is owned by ‘Bitcoin Jesus’ Roger Ver, listed the highly controversial HEX token. We are thrilled to announce that we have just listed #HEX by...Read More
Japan’s crypto exchange, Coincheck has decided to pull the plug off its controversial margin trading. The exchange posted a blog post on Dec 16, 2019, explaining that the service will be terminated in March 2020. Even though the transaction will cease from March 13, 2020; balance transfers can be completed till the end of the...Read More
MakerDAO has been in the news lately for both good and bad reasons. The launch of Multi-Collateral Dai [MCD] put the platform under the spotlight, following which, a research piece by Coinmonks contested the governance system of MakerDAO that allows MKR token holders to be the decisive agent for the upgrades through votes. However, the...Read More
The crypto liquidating firm Sibex has partnered with New York-based cryptocurrency company Paxos to allow gold trading on the blockchain. The goal of this partnership is to improve peer-to-peer (P2P) over the counter (OTC) trading for physical gold. Paxos offers PAX Gold, a digital asset-backed by digital gold. Daniel Haudenschild, CEO of SIBEX, commented: “As...Read More
