Crypto Analysis: Market Turns Bearish, Bitcoin Nears 2018 Historic Lows
The weakness in the crypto market deepened as the market approached the weekend, with the total market cap is now below the $120 billion. The market seems to be losing momentum and the downtrend should continue for a longer period of time than expected. I think this year?s rally will be fuelled by some strong regulatory measures that will clear the air on Bitcoin?s legal status and other cryptocurrencies. Bitcoin during the last week has reached towards the $3,500 level and is currently witnessing some buying from the lower levels, trying reach towards the $3,800 level. Bitcoin in the next several sessions likely to consolidate between the $3,200 and $3,500 level, $3,500 to $3,800 level and $3,800 and $4,000 level. This post was obtained by us on January 14, 2019 3:03 PM. See www.crypto-news.in for additional posts.
Bitcoin sitting closer to $4k, a Break-Even point for miners
Home » $4,000 is Break Even Price for Bitcoin Miners Like the rest of the cryptocurrency world, Bitcoin miners have had a rough year. Some estimates state that, through November and December 2018, as many as 100,000 individual miners have shut down operations. The most likely reason for this is Bitcoin?s price drop over the past 12 months. Starting at nearly $20,000 USD, Bitcoin fell below $4,000 USD by November 2018. Except for a few fleeting days in December and January when prices crept above $4,000, it has stayed below that number since. Low miner network participation is one of the unfortunate ramifications of Bitcoin prices dropping and staying in this low range for an extended period of time. It is not financially viable for miners to continue mining Bitcoin below a certain profitability level. This post was discovered by us on January 14, 2019 3:00 PM. Have a look at beincrypto.com for more similar content.
India Has Waged a Successful War Against Bitcoin
Home » India Has Waged a Successful War Against Bitcoin The Reserve Bank of India (RBI) and India?s Supreme Court have waged a successful war against cryptocurrency. In Jan 2018, banks across India began suspending accounts of Bitcoin exchanges. They also penalized these accounts with higher fees and limits on withdrawal amounts. The Indian government issued warnings against investing in digital currencies. By March 2018, numerous Indian crypto exchanges had halted operations. Now, account users must confirm that they will not use their accounts for cryptocurrency transactions. The RBI is India?s central bank and has emerged as one of cryptocurrency?s most powerful enemies. This publication was first seen by us on January 14, 2019 3:00 PM. See beincrypto.com to find more similar content.
As Top Cryptocurrencies Report Moderate Losses Bitcoin Falls Under $3,600
The top 20 cryptocurrencies were seen having moderate losses on Sun Jan 13 in the 24 hours at press time. While the Bitcoin(BTC) price has again seen a low and it has fallen below $3600 according to the data provided by Coin360. Trading at around $3,568, down over 2 percent at press time on Sunday, the current price is lower than the registered Jan 8 intra-week high of $ 4,109. It is also lower than the last Sunday?s Bitcoin price of $3,869. Ripple, currently trading at $0.323 at press time is down nearly 2 percent. As per the reports, the current price of it is lower than the price at which XRP started the week $0.357 and it is notably lower than the midweek high reported on Jan. 2 price $0.380, This publication was first found by us on January 14, 2019 2:52 PM. Browse www.cointiko.com to find more similar content.
Bitcoin Sees New 2019 Lows as Crypto Markets Slide Down
After a weekend mostly in the red, the crypto markets keep sliding down, with Bitcoin and other major currencies seeing moderate losses. Bitcoin and other major currencies see moderate losses as the crypto markets keep sliding down Monday, Jan. 14 ? crypto markets are still sliding down after a weekend in the red. According to CoinMarketCap, Bitcoin (BTC) has hit a new 2019 low, trading at $3,552 around press time as other major cryptocurrencies are facing moderate losses. Market visualization from Coin360 Bitcoin has lost another 2 percent in 24 hours, with its price barely reaching $3,600. Although some reports predicted major market movements due to the recent activation of long-dormant Bitcoin wallets, the major coin has spent a weekend mostly in the red. This entry was first found by us on January 14, 2019 2:47 PM. Have a look at cointelegraph.com for complete listings from this source.
NEO Co-Founder Believes Ethereum Will Surpass Bitcoin
In terms of popularity, NEO seems to be losing out a bit. Known as the ?Chinese Ethereum? and once a top ten cryptocurrency during 2017?s glory days, the potential of NEO seemed to be endless. The cryptocurrency claimed that it was faster, better and more capable of handling way more transactions than other major networks. 12 months ago, NEO?s market cap was more than $10 billion but since then, the cryptocurrency has plummeted down to 18th place with a market cap around $482,632,482. Even though there is a lot of people who are losing interest in the cryptocurrency, the co-founder of NEO doesn?t seem to affected by the tokens loss in value. In fact, Erik Zhang doesn?t even care about the price of NEO saying ?I don?t care about NEO?s price and market capitalisation at all.? This article was obtained by us on January 14, 2019 2:34 PM. You may want to visit cryptodaily.co.uk for more similar content.
Bitcoin Risks Return to December Lows After Price Drop to $3.5K
After breaching key support on Sunday, emboldened bears could soon push bitcoin (BTC) prices back towards $3,100. Following a drop to a 3.5-week low of $3,476 at 16:00 UTC yesterday, the cryptocurrency closed at $3,516, effectively invalidating the bullish view put forward by the higher low of $3,566 carved out on Dec. 27. That move also added credence to the bearish reversal signaled by the 9 percent price drop witnessed last Thursday. Put simply, the bears have strengthened their control of the market, after the bulls failed to penetrate the head-and-shoulders neckline resistance of $4,130 and build a stronger rally last week. This share was obtained by us on January 14, 2019 2:06 PM. Have a look at www.coindesk.com to find more similar content.
Kremlin Economist Says Bitcoin Could Help Russia With US Sanctions
Russia is in the process of preparing an investment in Bitcoin to replace the United States dollar as a reserve currency. According to a Russian economist who has close ties to the Kremlin, this is being done in a bid to tackle the US sanctions. The economist in question is Vladislav Ginko, who is based at the state-funded institution of the Russian Presidential Academy of National Economy and Public Administration, said that the government is making moves to make sure the US sanctions have minimal damage on the Russian rouble by replacing some of its US dollar reserves with the leading cryptocurrency, Bitcoin. This information was retrieved by us on January 14, 2019 2:06 PM. See cryptodaily.co.uk for more from this source.
Bitcoin Mining Giant Bitmain closes another overseas office
Troubles are not over for the mining giant, Bitmain. From laying off employees to a failed IPO, Bitmain seems to be getting into more and more trouble. The latest news suggests that Bitmain will be shutting down its second overseas office ? Bitmain Amsterdam. Bitmain had revealed the latest development to Coindesk. The shutting down of the Amsterdam office is part of the company?s ongoing restructuring. Although the Amsterdam office hasn?t shut down yet, officials from Bitmain have confirmed the shutting down the office. ?As we build a long-term, sustainable and scalable business, we are making adjustments to our staff and operations. This includes the decision to close our Amsterdam and Israel offices,? says a company Spokesperson to Coindesk. This post was discovered by us on January 14, 2019 2:04 PM. See blockmanity.com for additional posts.
Bitcoin (BTC) Latest Update: The First Bitcoin (BTC) Transactions Marks Tenth Anniversary BTC News Today BTC/USD Price Today
The first Bitcoin (BTC) transaction took place exactly ten years ago on the 12th of January 2019. The first transaction involving BTC ten years ago marked the beginning of a new era for the global monetary system. The transaction was carried out between Satoshi Nakamoto ? the anonymous creator of Bitcoin (BTC) ? and Hal Finney, a long-term cryptographer, and cypherpunk and US software engineer. Since the first successful transaction of Bitcoin (BTC), its market, as well as the technology behind it ? blockchain, ? have evolved to greater heights. It has also seen the creation and entry of new digital currencies in the space. This posting was retrieved by us on January 14, 2019 1:54 PM. Check out smartereum.com for more similar content.
Japan Bitcoin ETF Approval Might Affect US SEC
Japan appears to be complicating everything for the US Securities and Exchange Commission (SEC) after the country?s Financial Services Agency (FSA) approved the first Bitcoin ETF. Not many expected the FSA to pull the move as market observers feel the approval will influence the SEC final decision. The US SEC is still undecided on whether to approve the Bitcoin ETF in February this year and this continues to create uncertainty in the market especially for the US-based enthusiasts. There is no guarantee that the approval. This comes after Hester Peirce, a pro-crypto and SEC commissioner, cautioned investors against waiting for the Bitcoin ETF to be affected since it may take years. This item was obtained by us on January 14, 2019 1:40 PM. Have a look at crypterium.com for complete listings from this source.
VC Investor Tim Draper Made $89M From His Bitcoin Investment in 5 Years
Home » News » VC Investor Tim Draper Made $89M From His Bitcoin Investment in 5 Years Billionaire venture capital investor Tim Draper has made $89.1 million from his Bitcoin investment in less than five years. In 2014, Tim Draper purchased a bulk of 30,000 BTC from the U.S. authorities in an auction. He outbid all participating investors by paying $632 per Bitcoin, with a slight premium. The $18.96 million he spent in 2014 is now worth $108 million despite the 80 percent correction the dominant cryptocurrency experienced in the past 12 months. Previously, as CCN reported, a South Africa Shark Tank host and Civic CEO Vinny Lingham suggested that the cryptocurrency market may take a long time to recover from its correction. This item was retrieved by us on January 14, 2019 1:29 PM. Browse www.ccn.com for additional posts.
Over 4,000 cryptocurrency ATMs worldwide, Bitcoin and Litecoin lead the ATM race
The number of cryptocurrency ATMs has increased. There are now more than 4,000+ ATMs worldwide, and 1-2 cryptocurrency ATMs are being opened daily. As of Jan 14th, 2019, there are 4177 cryptocurrency ATMs installed currently. According to Coinatmradar, Bitcoin and Litecoin lead the ATM race. 99.0% ATMs support Bitcoin, while Litecoin comes in at second, supported by 60% of the ATMs. Ethereum comes in at number 3rd, followed by Bitcoin Cash and DASH. Growth of Cryptocurrency ATM. Source: Coinatmradar In terms of the country with the most number of cryptocurrency ATM, the United States is leading the race with 2,485 ATMs followed by Canada with 699 ATMs. In the European region, Austria has the most number of cryptocurrency ATMs with 266 ATMs followed by UK (211 ATMs) and Spain (81 ATMs). In Asia region, Hong Kong is leading the race with 32 Bitcoin ATMs followed by Japan with 11 ATMs. This entry was first seen by us on January 14, 2019 1:18 PM. See blockmanity.com for more.
Ethereum Classic (ETC) Outperforms Ethereum (ETH), Bitcoin (BTC) After Double Spend Attack
Not long after Ethereum Classic (ETC) witnessed a double spend attacked, which according to Coinbase, amounted to 219,500 ETC (~$1.1M), the digital currency is now outperforming Ethereum (ETH) and at some point, Bitcoin (BTC). A cryptocurrency enthusiast, by the name, Kelvin Rooke, hinted that Ethereum Classic outperformed Ethereum by 7%. He said: ?Last week Coinbase announced a 51% attack on Ethereum Classic worth over $1 million in double-spends. Since then, Ethereum Classic has *outperformed* Ethereum by 7%.? Last week Coinbase announced a 51% attack on Ethereum Classic worth over $1 million in double-spends. This information was retrieved by us on January 14, 2019 12:10 PM. See todaysgazette.com for more.
A Fortnight Into 2019, Bitcoin in The Red Again | BTC Wires
Catch up with all the buzz in the world of crypto with BTC Wires. Here, we bring all the breaking stories, feature announcements, public statements and multinational plans of well-known industry investors. Explore more about how and where Blockchain Technology is making headlines! Away from the cryptocurrency, BTC Wires has got something for you out of this world of fascinating fancies and ideas. Let your queries be sorted out by some brilliant minds of Blockchain Ecosystem! BTC Wires has this syndicated interview column that has up-close and personal interviews of some of the game changers in the world of cryptocurrency. Know what they have in their sack for you. This share was first seen by us on January 14, 2019 12:01 PM. Have a look at www.btcwires.com to find more similar content.
LedgerX Launches 'Bitcoin Fear Index' to Track Price Volatility - CoinDesk
LedgerX thinks cryptocurrency traders should be able to assess bitcoin?s volatility. And, taking a leaf out of the stock market?s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The firm will draw data for the index from its regulated bitcoin options, which various institutions have been trading over the past year. Juthica Chou, LedgerX?s president and chief risk officer, told CoinDesk that the LXVX is similar to the Cboe Volatility Index (VIX), a popular measure of the stock market?s anticipated volatility. This article was obtained by us on January 14, 2019 11:59 AM. Browse www.coindesk.com for additional posts.
Bitcoin and Crypto Markets Face New Support Levels Following Todays Drop | NewsBTC
-Bitcoin news, price, information & analysis Bitcoin has failed to stabilize above $3,600, which is leading the crypto markets to now face new levels of support. Today?s downwards move has led many altcoins to plunge 6% or more, and they are showing few signs of major buying support near their current price levels. Analysts have mixed opinions regarding exactly where the markets will find support, but there is a general consensus that Bitcoin will find some buying pressure in the low-$3,000 region, which, if this level is to be touched, could result in a bounce. Currently, Bitcoin is trading down approximately 3% at its current price of $3,560, which is at the bottom of the trading range that Bitcoin formed earlier this week when it failed to stabilize above $4,000 for an extended period of time. This information was discovered by us on January 14, 2019 11:32 AM. Browse www.newsbtc.com for more.
Ethereum Will Surpass Bitcoin says NEO Co-Founder
In an interview with CCN, Erik goes on to say that he believes Ethereum will surpass Bitcoin when asked about the Bitcoin Cash fork. He also said that Ethereum would face fierce competition from other smart contract platforms like NEO. ?In my opinion, Ethereum will sooner or later exceed Bitcoin and get the first position. But Ethereum will also face very fierce competition from other projects such as NEO.? Erik who is also the core developer of NEO hates when NEO is called the ?Chinese Ethereum?. Even though Ethereum is a great project he says the two Blockchains are very different. ?The labeling is a hype. We never introduced NEO this way, and I?m personally against this labeling.? This entry was first found by us on January 14, 2019 11:02 AM. Browse blockmanity.com for complete listings from this source.
Gwyneth Paltrow Introduces 2.87 Mil Followers to Bitcoin
Academy Award winning actress Gwyneth Paltrow introduced readers of her popular lifestyle website, Goop, to Bitcoin. It?s a question and answer piece with the founder and CEO of Abra, an investing application. More Spice: Bitcoin White Paper Webcomic by Comics Legend Scott McCloud ?The Basics of Bitcoin and Cryptocurrency?and How to Invest,? was posted recently by lifestyle website Goop. ?If you?re like us,? the piece begins, ?chances are you hear the word ?Bitcoin? and your eyes glaze over a little. But as with much of the finance world?which deliberately uses obfuscating language?you just have to chip away at a few of the core ideas and suddenly you find you?re not as out of the game as you thought.? This article was obtained by us on January 14, 2019 10:24 AM. Visit coinspice.io for more.
Bitcoin Price Analysis: BTC/USD Bearish Pressure Still in Play
Bitcoin is still under some downside pressure after the sharp decline last week, bringing it down to the area of interest in a new descending channel forming. A break below the $3,600 level could bring in more losses. However, the 100 SMA is still above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. This suggests that there may be a chance for buyers to take over. Then again, the gap between the indicators is narrowing to signal weakening bullish momentum and a potential downward crossover. If so, more sellers could pile on and take the price all the way down to the very bottom at the $3,000 mark or the previous year lows around $3,200. Stochastic is already indicating oversold conditions, though, which suggests that sellers may be exhausted and willing to let buyers take over. This data was retrieved by us on January 14, 2019 9:05 AM. Check out bitcoinerx.com for more from this source.
Global Bitcoin Payments Solution to Support 156 Crypto-to-Fiat Options
Atomicpay, a Thailand-based payments solutions provider, has reportedly introduced a non-custodial digital currency payment terminal. Accessible to merchants globally, the new crypto payment terminal?s development was led by its founder Benz Rif. According to Rif, the platform will initially support payments in bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC), and a few other major cryptocurrencies. Similar to how other crypto payment processing solutions are designed, Atomicpay?s platform aims to eliminate the need for third-parties to settle transactions. During an interview with Bitcoin.com, Rif stated: This information was found by us on January 14, 2019 7:53 AM. Have a look at www.cryptoglobe.com for additional posts.
Bitcoin Cash 1-Day Trading Volume Reaches $204.56 Million (BCH) - BharataPress
Bitcoin Cash (CURRENCY:BCH) traded 3.2% higher against the dollar during the 24-hour period ending at 7:00 AM E.T. on January 12th. Bitcoin Cash has a market cap of $2.36 billion and $204.56 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can now be purchased for $134.65 or 0.03682067 BTC on popular cryptocurrency exchanges including Ovis, CoinBene, Gate.io and Sistemkoin. Over the last seven days, Bitcoin Cash has traded down 16.5% against the dollar. Here?s how related cryptocurrencies have performed over the last 24 hours: Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $3,664.31 or 1.00000000 BTC. This share was first seen by us on January 14, 2019 7:10 AM. See bharatapress.com for complete listings from this source.
simple-bitcoin-wallet 0.0.6 supports OP_RETURNs
Your upvote has been distributed to the author of the story and the previous upvoters. You will be able to receive rewards from the next upvotes! Current distribution: author (40%), previous upvoters (60%). Uploading to BCH blockchain. This may take a while... You can access it with this identifier: Your content is saved on Bitcoin Cash blockchain. You can access it with any explorer that supports the bitcoinfile protocol. Try here (bitcoinfiles.com). Even if your content gets moderated, this reference will be displayed for everyone to check out your content. This posting was retrieved by us on January 14, 2019 6:17 AM. Check out honest.cash for complete listings from this source.
Volume of Crypto is Dropping, is Bitcoin Headed Below $3,000
Home » News » Volume of Crypto is Dropping, is Bitcoin Headed Below $3,000? In the last 48 hours, the volume of the crypto market has dropped from $15 billion to $13 billion as the Bitcoin price fell below the $3,600 mark. Analysts have started to demonstrate concerns regarding the declining volume of digital assets and the potential scenario of cryptocurrencies free falling without significant sell pressure from bears. Generally, traders in the crypto market expect a lackluster year with low volatility, at least until cryptocurrencies escape the last stage of a 12-month-long bear market and initiate a strong accumulation phase. This piece was obtained by us on January 14, 2019 5:57 AM. See www.ccn.com for more.
Why we need Bitcoin....and it's not so we can send money to Grandma for her birthday ffs. The system is set to implode. Bitcoin will be one of only a few viable life rafts.
Case for a pending financial collapse is well grounded. ?Ticking time bomb? created by the Fed is set to go off This may be only the start to more mergers within the mining space. Here in the We Market, financial conditions, business prospects and matters of supply and demand don?t much matter; it?s the lifestyle, people, don?t you get it? After laying out the reasoning behind his considerably more pessimistic view on the US economy during his widely watched "Just Markets" podcast, DoubleLine Capital Founder Jeffrey Gundlach - whose flagship Total Return Fund outperformed the benchmark again in 2018 - delved into some of the same themes from his year-ahead podcast this week during a round table discussion hosted by Barron's, during which the legendary bond trader warned that record levels of corporate debt - particularly in the lower-rungs of the investment-grade universe, which has swollen as companies binged on debt to buy back stock during the ZIRP years, could create problems for the equity market. This piece was first seen by us on January 14, 2019 5:47 AM. Check out www.zerohedge.com for more.
Bitcoin Slides Below $3,600 Leading Overall Crypto Markets to Plunge
-Bitcoin news, price, information & analysis Bitcoin has been unable to maintain above its previous support level around $3,600 and is now nearing the bottom of its recently established range between $3,550 and $4,200. Bitcoin?s price drop has led the general crypto markets to plunge, with many altcoins trading down 6% or more. One analyst now believes that the crypto markets will range for the coming days or weeks, with significant buying pressure existing around $3,000. At the time of writing, Bitcoin is trading down 2.5% at its current price of $3,570, down from its daily highs of nearly $3,700. This information was first seen by us on January 14, 2019 5:19 AM. You may want to visit www.newsbtc.com for more.
Why Cryptocurrencies are the Answer: Lionel Shriver argues that governments can't be trusted not to destroy value and while Bitcoin has problems a stable store of value is much to be desired
The craze for cryptocurrency can be explained by a host of factors: the allure of getting rich quick; the attraction of off-the-grid accountancy for malefactors like tax evaders and drug dealers (though Bitcoin is traceable); the glamour of the new. Despite blockchain currencies? wild volatility thus far, I?d still posit that the more underlying attraction is to a reliable store of value. Bitcoin investors may not recognise their motivation as such, but the impulse behind computer-generated currency is revolutionary: to take the production and control of money away from government. Now that we live in a world of 100 per cent fiat currencies ? backed by nothing ? governments can print their hearts out, and they do. The rounds of quantitative easing since 2008 ? money-printing on Red Bull ? may not seem to have produced the inflation many a conservative economist predicted. But they have. Asset bubbles like London and New York property markets, fine art, collectibles, equities ? hitting historic highs ? and Bitcoin itself are all evidences of inflation. There?s too much money in the world right now, sloshing from investment to investment and bloating every bolt hole one can think of to stash with capital (an unholy proportion of which is founded on debt). Because it costs central banks nothing to turn on the pumps. This information was first found by us on January 14, 2019 5:19 AM. Browse www.spectator.co.uk to find more similar content.
Cryptocurrency Miners Sue Washington State Utility Over 50 Percent Rate Hike
A group of nine cryptocurrency companies has filed a lawsuit against Washington State?s Grant County public utility district (PUD) and its commissioners in response to a new phased rate hike that would increase their energy costs by fifty percent. The complaint, which was filed on December 19, 2018, in the U.S. District Court in Spokane, WA, alleges that the Grant PUD and its commissioners acted ?illegally and unconstitutionally? when they voted to enact a new higher rate classification in August of last year. During a meeting held on January 8th, utility officials agreed that Grant PUD would cover the legal defense costs for commissioners Tom Flint, Dale Walker, and Larry Schaapman, former commissioners Terry Brewer and Bob Bernd, and 10 unnamed Grant PUD employees. This posting was obtained by us on January 14, 2019 4:27 AM. Visit bitcoinerx.com to find more similar content.
Why NEO Co-Founder Erik Zhang Says Ethereum Will Overtake Bitcoin
NEO appears to be losing ground in the popularity contest, at least lately. In the glory days of 2017, the ?Chinese Ethereum? was a top 10 cryptocurrency with unstoppable potential. NEO was touted as being faster, better, and capable of handling way more transactions than other major networks. The hype surrounding the project was palpable. Since its heyday in January 2018 when its market cap was over $10 billion, NEO has slipped to 18th place with a market cap around half that amount. What?s happened to see it fall out of favor? The crypto community may be losing interest in NEO, but its co-founder, Erik Zhang, isn?t losing any sleep. This posting was first found by us on January 14, 2019 3:48 AM. Have a look at cryptoupdate.ca for more similar content.
Yellow Vests Bank Runs, and Tobacco Shops Sell Bitcoin in Paris
On Jan. 7, activists of the French grassroots political development the Gilets Jaunes ? Yellow Vests ? declared a bank run by means of web-based life, basically planning to meet their objectives by destabilizing the neighborhood money-related framework. Named the ?Gatherers? Referendum,? the development?s most recent showing approaches supporters to pull back their investment funds from money-related establishments on Saturday, Jan. 12. While the political activity does not make reference to digital forms of money, it appears that such a keep running on the banks could speculatively influence the crypto showcase ? and the other way around. This entry was found by us on January 14, 2019 3:35 AM. Browse www.coinnewseurope.com for more similar content.
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