Crypto

Blockchain, crypto-investments on the decline, claims Crunchbase report

On 2 September, 2019, Crunchbase News posted an article citing data that highlighted decreasing investments in cryptocurrency and blockchain-related ventures this year. Despite considerable recovery from the lows of late-2018, investors don’t seem to be as enthusiastic about cryptocurrencies, when compared to previous years. This year, the rate of blockchain and cryptocurrency deals is slower...
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Analysts Expect Bitcoin to Return to $6,000 Despite Recent Surge

After surging past $10,000 yesterday, Bitcoin (BTC) has been able to further extend its upwards momentum and is now nearing its next key resistance level that lies within the upper-$10,000 region.Bitcoin’s recent surge has drastically altered the overall market sentiment for the better, but some analysts are expressing caution and are noting that it may...
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Peter Brandt: 99% of Altcoins Will Be Forgotten in Five Years

The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.The post appeared first on NewsBTC
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Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap

Last week, Bitcoin price fell below $10,000 yet again, and with the break of support, much of the market turned bearish and began calling for lows around $8,000 to be tested. However, before the long Labor Day weekend concluded, Bitcoin price was back well above $10,000, and is already closing in on $11,000 not even...
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Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd...
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One Bitcoin Transaction Emits 300kg CO₂ in Sichuan: IOTA Fan

Bitcoin miners operating from the hydropower-rich Chinese province of Sichuan are increasing the carbon footprints in the area, according to a rival cryptocurrency enthusiast.“But Bitcoin Mining is done with clean energy.”No, it is not. In LCA, the mix of the grid should always be used, as long as it is not self-generated. There are six...
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Dutch Central Bank Will Supervise Bitcoin Service Providers in 2020

Regulatory changes in the cryptocurrency world are always contentious. Many people see the benefits, whereas others oppose any changes. In the Netherlands, a lot of major changes are coming to cryptocurrency service providers. All of these changes seem to be directed at fostering the Bitcoin industry moving forward.  The new requirements will go in effect...
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Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian...
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Ethereum Fundamentals Still Solid Despite Price Collapse, Could Surge Soon

The world’s second largest crypto asset has taken a beating recently. Not only has Ethereum price collapsed below $200 but it is constantly hounded by the majority of the crypto community which remain blinded by the performance of its big brother.Ethereum Remains AsleepIn terms of price action, there are not many positive things to say...
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Bitcoin Dominance Hits 2 Year High But Could be Facing Resistance

This year has been all about Bitcoin. Even the handful of altcoins that have made good gains are now losing them as BTC crushed them all with its increasing market share.Bitcoin Dominance at 2 Year HighAccording to charts on Tradingview.com BTC dominance topped 72.5 percent today. Its recent move back into five figures has kept...
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Binance Coin, IOTA and DASH Cryptocurrency Analysis and Prediction for September 3rd 2019: BNB, IOTA, and DASH

Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level.  However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs.  A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...
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Bitcoin Price Monthly Chart At Risk Of Three Black Crows Reversal

This weekend, Bitcoin price closed its second consecutive monthly red candle in a row, as bulls failed to push the price of the leading crypto asset by market cap through resistance to retest its recent local high.The post appeared first on NewsBTC
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Thai Bitcoin Trading Platform Won’t Renew its Digital Asset Exchange License

Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this decision was made all of...
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Bitcoin Price Following 2016 Bull Market Reaccumulation Pattern

Crypto investors, traders, and analysts alike are mostly in agreement that Bitcoin price has switched to bull market mode ever since the crypto asset left its bear market bottom behind. But now that Bitcoin price has been correcting in recent weeks, the market has become bearish and fearful that a deeper correction will soon be...
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ECB Board Member Claims Facebook’s Libra is Not a Real Crypto

News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto.Although Libra was met with praise by many, it certainly has its fair...
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1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000

After facing a significant amount of selling pressure that resulted from its recent drop below $10,000, Bitcoin’s bulls have stepped up and are now attempting to push BTC back into the five-figure price region.This upwards momentum has been bolstered by a massive BTC buy wall on Binance and a bullish fractal pattern that may suggest...
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Altcoins Set Fresh Yearly Lows Against Bitcoin, XRP and TRX Worst Performers

The altcoin market has been bleeding out for what feels like forever now. The selloff has picked up in severity in recent weeks, but first started back at the start of 2018 when the crypto bear market first began, and Bitcoin price crashed, bringing down the rest of the market with it.But throughout much of...
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Livermore Accumulation Cylinder Suggests Bitcoin To Set New ATH Next Rally

Bitcoin price may be under $10,000 for days now, but bears have still yet to push the price per BTC to new local lows and breakthrough support in the mid to low $9,000 range.The post appeared first on NewsBTC
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Bitcoin Dominance to Surge Even Higher: Altcoin Annihilation Inbound

Despite the drawdown in the price of Bitcoin (BTC) — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost...
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Industry Exec: US Has Become Hostile Towards Crypto, What Should Investors Expect

Venture capital stalwart Andreessen Horowitz has been upping the ante in the crypto combat with US regulators. The firm aims to temper Washington’s somewhat harsh stance on the digital asset industry that could be holding the US back.Andreessen Horowitz Battles For CryptoThe primary aim from the investment firm is to advance its latest bet on...
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Capital Controls in Argentina May Drive Bitcoin Adoption

When a government decides to restrict what people can do with their own money, there is usually some backlash. Argentina is doing exactly that to prevent capital flight as the local currency crashes. The move is likely to encourage more people to use Bitcoin to circumvent the restrictions as they have done in other nations.Central...
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North Korea Denies Cryptocurrency Heists Totaling $2 Billion

Reports of Pyongyang amassing wealth to fund its weapons program have been widely circulated. However, the North Korea regime has denied allegations of carrying out multiple hacks on crypto exchanges and finance companies. No, We Did Not Hack Your Crypto Exchange The North issued a statement on Sunday vehemently refuting any reports that the United...
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Bitcoin Price Analysis and Prediction for September 2nd, 2019 – BTC Continues Trading Sideways

After dropping by over $1,000 in a single day last week, Bitcoin has been trading sideways around the $9,500 range this weekend. The past couple hours have been exciting for the market though, because the Bitcoin price broke upwards and tested $9,800. It’s clear that the market will test the $10,000 level once again, as...
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Buy Bitcoin: Legendary Hedge Fund Manager Bashes QE, Low Interest Rates

The value proposition of Bitcoin has long been questioned by its cynics.Unlike traditional assets, the cryptocurrency doesn’t generate cash flow, pay out dividends, produce a fixed yield, or have a maturity date.  And unlike recognized forms of money, Bitcoin isn’t backed by the power of a government or some asset, like gold.But, Bitcoin’s underlying value...
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Odd Bitcoin Cash Mempool Spike Highlights Ecosytem Stagnation

Many people hope cryptocurrencies can replace traditional finance. That will only be the case if the individual crypto networks can process transactions without a hitch. In the case of Bitcoin Cash, there are some very unusual things happening. Particularly today’s mempool spike raises a lot of questions.  A BCH Transaction Spike It has been a...
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Why the Birth of Bitcoin Can Be Traced Back to 1971

The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite its obvious successes in...
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Brave Referral Payout Changes Hint at Future Explosive Ecosystem Growth

The browser war continues to heat up in an interesting manner. Brave is the “new kid on the block” trying to make an impact. Some interesting changes are coming regarding referral payouts. This will be of great interest to users, although it is only a small step in the right direction.  Growing Number of Publishers...
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Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security

Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor.The hack demonstrates that even the CEO can have his own company’s highly-valuable personal account compromised, and is a painful reminder that if it...
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Crypto Tidbits: Bakkt Bitcoin Custody, China’s Cryptocurrency On the Horizon, XRP In Hot Water

Another week, another of Crypto Tidbits. Bitcoin saw yet another tumultuous week in terms of price action. It fell by over 8% in one day, as bears managed to take control of the market. But, despite this downward price movement, this industry continued to trudge forward.Related Reading: Crypto Tidbits: Bitcoin Hash Rate High, Square Crypto...
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Bitcoin Mathematics: Why 21 Million BTC May Have Been Chosen

Everything about Bitcoin is heavily steeped in mathematics – defined as the study of quantity, structure, space, and change. Quantity has always been of particular interest to crypto investors and traders – in increasing the quantity of one’s own holdings, and the impact the hard-capped quantity of BTC has on its long-term value.The post appeared...
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Bitcoin (BTC) $ 95,367.55 0.81%
Ethereum (ETH) $ 3,292.71 0.99%
Tether (USDT) $ 1.00 0.06%
XRP (XRP) $ 2.17 2.27%
BNB (BNB) $ 662.04 0.78%
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USDC (USDC) $ 1.00 0.21%
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Cardano (ADA) $ 0.881955 0.72%