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Analyst Who Perfectly Called Bitcoin Price Sees Bright Future Ahead

Cane Island Analyst Timothy Peterson maybe one of the only analysts to have accurately predicted the end of year bitcoin price . His analysis back in March this year, stated that the leading cryptoasset would price in at $7,800 by the end of December. If bitcoin continues to track as Peterson’s predicts,  BTC should close […]

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Here’s the Best Performing Quarter for Bitcoin [BTC] Price Over the Last 6 Years

Like equities and other investments, the performance of cryptocurrencies also changes from quarter to quarter, influenced by different events that take place in the quarter. An analysis by Skew Markets has revealed the top performing and the worst performing quarters in the last 6 years. A Look Bitcoin’s Quarterly Years Over the Last 6 Years […]

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ETH/USD: Is Ethereum Underpriced?

Coinspeaker ETH/USD: Is Ethereum Underpriced? Ethereum price continues to consolidate within a narrow trading range between the level at $143.33 and $157.73. ETH/USD: Is Ethereum Underpriced? Continue reading at Coinspeaker

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Litecoin Price (LTC) Technicals Weak, Bitcoin Dragging Market Lower

Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar. The price seems to be sliding towards the $42.20 and $40.40 support levels. There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken). Bitcoin price is […]

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Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure

If “digital gold” means “assets where investors park money during financial market turmoil,” then bitcoin doesn’t fit the bill as well as it used to.

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Gold Traders Target Yearly-Highs as Trump Tariffs Risk Stock Market Selloff

Gold price avoided a steep drop. In the short-term, warnings of a further stock market sell-off by strategists position it for a relief rally. The post Gold Traders Target Yearly-Highs as Trump Tariffs Risk Stock Market Selloff appeared first on CCN.com

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The Nonprofit Push to Make Giving Tuesday About Giving Bitcoin

Black Friday’s history is complicated. The U.S. tradition of shopping on the day after Thanksgiving dates back to the early 20th century, though the term wasn’t coined until the 1960s. Since then, the event has unravelled into a multiday scramble for door-busting deals; for some, it now begins on the day of Thanksgiving itself and […]

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Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from […]

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Without a Push Above $8,000, Bitcoin Likely to End Year on a Bearish Note

2019 has been a rough year for the crypto markets, with Bitcoin’s price action and the overall industry development gravely disappointing investors. BTC is poised to end the year up significantly from where it ended last year, but it does remain in a precarious position. It is also important to note that one analyst is […]

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Major Blow Dealt in Danish Court: Bitcoin Not Suitable for Bank’s Staff

A Danish court today ruled that Nordea Bank Danmark A/S has the right to say whether its employees can invest in Bitcoin. The bank first introduced a policy prohibiting crypto purchases last year. Denmark’s union for financial industry employees launched a subsequent legal challenge against the bank. However, a court yesterday decided that the risks […]

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Bitcoin Bears Laying the Groundwork for Further Losses as Bulls Lose Momentum

After incurring tremendous volatility throughout the latter part of October and the majority of November, Bitcoin appears to have now entered a period of consolidation as its bulls and bears send BTC between the upper and lower boundaries of a tight trading range. This period of sideways trading may soon come to an end, however, […]

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Can Bitcoin Defend Channel Support And Push Above $7.5k – BitMEX Margin Trading

Bitcoin ability to defend the bullish flag pattern support will determine how far recovery goes towards $8,000. Bitcoin longs traders must decide to focus on longer time frames while ignoring short term price actions. Bitcoin is trading above $7,200; a level a bit higher compared to Monday’s low around $7,197. The price is inclined towards […]

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Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom

Developers may punt a network feature two years down the road to avoid complicating ethereum’s transition to proof-of-stake (PoS).

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Plaintiffs in Tether-Bitcoin Price Manipulation Case Will Not Drop Complaint

The plaintiffs in a class-action lawsuit accusing Bitfinex of Bitcoin price manipulation have declined to amend their complaint after a court inquiry. The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint. According to a court filing dated Dec. 2, the […]

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CME Details Bitcoin Options as Bakkt Options Launch Nears

The battle of the bitcoin futures platforms is heating up. The Chicago Mercantile Exchange has released details of its new BTC options contracts while the launch of Bakkt’s equivalent product is less than a week away. How will bitcoin prices react? More Institutional Bitcoin Products This time two years ago the CME was poised to […]

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Ethereum Network Activity, DeFi Still Growing, When Will ETH Prices Follow?

Fundamentally Ethereum is going from strength to strength. Network activity is up, development is on track, an upgrade is imminent, and DeFi is hitting record figures. Yet ETH prices have fallen again so what is going on? Ethereum Network Strengthens Despite a flurry of FUD from Bitcoin maximalists and rival network supporters, Ethereum is still […]

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Crypto Market Cap And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is struggling to surpass the $200.0B resistance area. Bitcoin price is also facing a lot of hurdles near the $7,400 and $7,440 levels. EOS price is holding the $2.500 support, but it is struggling to clear the $2.850 resistance. Binance Coin (BNB) is currently consolidating above the main $15.00 support. […]

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Bitcoin (BTC) Relatively Muted, Signs of Further Weakness

Bitcoin price is facing a strong resistance near the $7,400 and $7,460 levels against the US Dollar. The price is approaching the key $7,200 and $7,160 support levels. There is a short term declining channel forming with resistance near $7,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could […]

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Does Bitcoin Need Accounts? One Developer Thinks So, and He Figured Out How

Bitcoin doesn’t use typical “accounts.” Instead, with each payment, the funds are sent to a unique “transaction output.” In such an output, the Bitcoin address can potentially be reused, in which case the address would act a bit like a Bitcoin account. Reusing addresses in this way, however, makes it trivial to link different coins […]

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Bitcoin Death Cross On Monthly MACD Spells Doom For December

A bearish cross on Bitcoin’s monthly moving average convergence/divergence (MACD) indicator could spell challenging times ahead. Such crosses occur when the 26-week moving average (MA) of BTC price goes above the 12-week MA. A Cross Into Bearish Territory As pointed out in a tweet yesterday by commentator, Byzantine General, the 12-week MA fell below the 26-week […]

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2019 Cyber Monday Crypto Deals And Bitcoin-Back Savings

Now that Thanksgiving meals are finally digested and the dust finally settled on Black Friday doorbusters, it’s time to sit back from the comfort of your couch, desk, or mobile phone, and take advantage of online digital deals for crypto products on a national day of savings called Cyber Monday. Like Black Friday before it, […]

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Analyst: Ethereum Poised for Further Downside as Support Begins Evaporating

Ethereum’s price action has been strikingly similar to Bitcoin’s over the past several days and weeks, with ETH’s correlation to BTC growing stronger as the volatility seen within the aggregated crypto market ramps up. Analysts are noting that Ethereum may be positioned for further downside in the near-term, which could be driven by the lack […]

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Bitcoin Price’s November Close Triggers Medium-Term Sell Signals

Earlier today, NewsBTC reported that CryptoThies, a popular analyst, noted that the Chaikin Money Flow (CMF) for Bitcoin was trending positive. The CMF, an oscillating indicator that is derived from the MACD to signal market strength, suggested that “smart money is just now flowing into the market and is trending upwards,” indicating that the cryptocurrency […]

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