Bitcoin News (BTC) - Page 82

Bitcoin bottom is in
An honest review of best indicators I have so much respect for Murad Mahmudov, David Puell, Willy WooTone Vays but I have to respectfully disagree with them. I have a really strong case in hands that state: The Bitcoin bottom is in. My case is not based on feelings. Just numbers. First of all, let's review an amazing work done by Nic Carter, inspired by Pierre Rochard, creating the concept of "Realized Value". Basically, it is the approximation of the average price of BTC when it was last moved/bought. It's calculated going through the blockchain state, mapping all UTXO in a given day, and multiplying their value by the price of BTC on the time the block they are was created. When you plot that vs price, you have something like this:
January 10, 2019 2:51 AM

medium.com

Regulators Begone: Bitcoin Goes on Sale in French Tobacco Shops
Tobacco shops in France are the new counters to purchase Bitcoin thanks to Keplerk. In a follow up to its November 2018 announcement, the Parisian FinTech startup has forged a partnership with six ?tabac? centers across the French capital. The cooperation would see the tobacco sellers selling bitcoin vouchers ? similar to gift cards ? that are redeemable for the digital currency via Kepelerk?s crypto wallet. Adil Zakhar, one of the co-founders of Keplerk, said the total number of bitcoin-selling tobacco outlets would reach 100 by the end of this week. He also confirmed that they were eyeing the enrollment of 6,500 licensed shops by the beginning of February in hopes to offer more doors through which new users can enter the cryptoverse.
January 10, 2019 2:35 AM

www.ccn.com

Bitcoin Price Analysis: $4000, Doji, Bearish Pennant, and EMA Resistance
The break above $4,000 has not really changed the interim bias of the bitcoin market. The cryptocurrency on Wednesday remained largely unchanged on its 24-hour adjusted timeframe. The news of a possibly peaceful end to the ongoing US-China trade talks allowed global markets to establish their fresh intraday highs. Investors, meanwhile, focused less on their bitcoin portfolios after finding more opportunities in the Dow Jones, Nasdaq and S&P 500 markets. The silence in the bitcoin market also alarmed bulls of their fading dominance after an impressive rally this week. The BTC/USD rate managed to stay above $4,000, its psychological support, across the Asian and European session. The pair now awaits a breakout action, but its arrival cannot be predicted.
January 10, 2019 2:34 AM

www.ccn.com

From Bitcoin to Brexit, Here's What Investors Need to Watch for in 2019
Is it possible that the US Federal Reserve?s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the future? Mati Greenspan, the senior market analyst at trading platform eToro, explored these and other questions in a wide-ranging webinar session on Tuesday. Speaking on how even diverse asset classes can show correlation, Greenspan said that the Fed?s ongoing quantitative tightening program could have been one of a variety of reasons that the bitcoin price dropped so severely last year.
January 10, 2019 2:34 AM

www.ccn.com

Jerry is one of the smart guys in this space
CoinGeek?s Becky Liggero spoke to SBI Bits? Jerry Chan on his ideas to make crypto mining more productive and sustainable. With Bitcoin being a relatively new phenomenon, it?s not surprising that many aspects of it are not fully answered or addressed. One such aspect, as pointed out by Jerry Chan, head of Digital Assets at SBI Bits, is power usage in mining coins. According to him, comparisons of mining output to specific countries? total output are misleading. ?Bitcoin is supposed to be a financial global ledger. Potentially, it could be a replacement for a global financial system. So we should really be comparing it to the power that the existing financial system is using, right? Not just like power for keeping the lights on in people?s houses, which means all the servers, all the branches, all the offices, all the ATMs that operate around the world,? he explained.
January 10, 2019 2:22 AM

coingeek.com

Will the Bitcoin ETFs happen by accident
ETFs set for accidental approval? Joe Lubin v Princeton guy? Crypto people bullish on autocracy? ShapeShift laying off a third of its staff? ConsenSys? Yes. By Ben Munster Daily Debrief?3 min read?Jan 9, 2019Jan 9, 2019 Did you hear the one about the SEC approving a bitcoin ETF?by doing nothing? It?s actually not a joke. Our inestimable Guillermo Jimenez has a great piece today about how the U.S. Government shutdown means that some of rulings on SEC?s desk face deadlines?and could be approved by default, if the regulatory body fails to act. A proposal to permit bitcoin ETFs is facing a February deadline?and with no end in sight to the standoff over the Trump Wall, could well win approval through inaction. Jimenez?s story has wide-ranging implications for other projects too and you?re crazy is you don?t read it.
January 10, 2019 1:46 AM

decryptmedia.com

Qtum Completes First Atomic Swap With Bitcoin on Mainnet
Join the Nasdaq Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! Qtum, a blockchain platform that merges the strength of Bitcoin's blockchain with the Ethereum Virtual Machine to build decentralized applications, has completed its first atomic swap with Bitcoin on mainnet. This is a big, first step for atomic swaps, a feature that allows for on-chain exchanges, or transactions, between cryptocurrencies on two separate blockchains without the need to rely on a third party. For Bitcoin, this is a big step forward in allowing interoperability between other blockchains and itself in a trustless manner.
January 10, 2019 1:43 AM

www.nasdaq.com

Bitcoin Cash (BCH) Price Hits $160
Posted by Simon Gomez on Jan 9th, 2019 // No Comments Bitcoin Cash (CURRENCY:BCH) traded down 1% against the U.S. dollar during the one day period ending at 16:00 PM Eastern on January 2nd. In the last seven days, Bitcoin Cash has traded down 5% against the U.S. dollar. Bitcoin Cash has a total market cap of $2.81 billion and approximately $165.71 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be purchased for $160.17 or 0.03968772 BTC on major exchanges including Coinone, Coinfloor, Iquant and Indodax. Here?s how related cryptocurrencies have performed in the last 24 hours:
January 10, 2019 1:03 AM

pressoracle.com

Will the SEC approve a Bitcoin ETF by inaction
Weirdly enough, it?s possible. Here are a number of unintended consequences of the Government shutdown. By Guillermo Jimenez Bitcoin?4 min read?Jan 9, 2019Jan 9, 2019 Of all the things that could have resulted from the U.S. government?s ongoing federal shutdown, who would have thought it?d give hope to a Bitcoin ETF finally being approved?on a technicality? President Trump?s big, dumb border-wall temper tantrum has pushed the shutdown into day 19, with no end in sight. As a result, the U.S. Securities and Exchange Commission is down to a skeleton crew performing only critical, market-integrity functions. This means all ordinary business is on hold, including the regulatory guidance that the crypto industry anxiously awaits.
January 10, 2019 12:53 AM

decryptmedia.com

A New Blockchain Project Is Generating 20% Of Daily Bitcoin Transactions
Recently, Bitcoin developers noticed some strange activity on the blockchain. Specifically, a large number of unidentified OP_RETURN transactions were discovered. OP_RETURN is a type of Bitcoin transaction that is used for embedding data into the blockchain. It can be used for anything from proving the existence of some data at a specific point in time (proof-of-existence) to issuing new assets, such as the controversial US dollar-pegged Tether, on top of the Bitcoin blockchain. Over the weekend, it become more widely known that the entity behind these transactions is VeriBlock, which is a project that piggybacks on the Bitcoin blockchain in an effort to better secure alternative crypto asset networks. According to Casa CTO Jameson Lopp and VeriBlock?s own block explorer, VeriBlock has grown to the point where it now accounts for roughly 20% of all daily Bitcoin transactions.
January 10, 2019 12:00 AM

www.forbes.com

Bitcoin Goes on Sale in 24 French Tobacco Stores
At least 24 tobacco shops have started selling bitcoin coupons in the French capital of Paris. Widely known as ?tabacs?, the stores received regulatory approval for the cryptocurrency sales late last year. More than 6,500 tabacs ? representing about a quarter of the registered tobacco stores in France ? are expected to start offering BTC coupons by February. Also read: Report Claims Central Banks Are Cautious About Us suing Their Own Digital Currencies According to a Reuters report published Jan. 9 (which mentions only six tabacs), French financial technology group Keplerk is backing the sale of bitcoin in tobacco stores. In 2018, the company reached an agreement with a local payments software provider allowing tabac owners to sell BTC vouchers that can be redeemed from a wallet on Keplerk?s website. Keplerk put the figure of bitcoin selling tobacco outlets at 24, in a statement to French website capital.fr.
January 09, 2019 11:25 PM

news.bitcoin.com

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Tron, Bitcoin SV, Cardano: Price Analysis, Jan
While some prominent investors are still on the fence about crypto, others see the current market as an opportunity to double down on it. Many prominent investors are doubling down on crypto despite the ongoing bear market. Let?s see whether the charts support that outlook The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Some of the most prominent investors continue to back cryptocurrency and the blockchain technology. Hong Kong billionaire Li Ka-shing has invested in the latest funding round of Intercontinental Exchange?s (ICE) crypto trading platform Bakkt through his venture capital firm Horizon Ventures.
January 09, 2019 11:21 PM

cointelegraph.com

Davos World Economic Forum 2019: Bitcoin volatility no concern; $50,000 recovery expected
Can Bitcoin hit $ 50,000 this year? While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such prediction is that Bitcoin can rise to as high as $ 50,000 in the calendar year. A cryptocurrency portfolio manager by the name of Jeet Singh, stated at World Economic Forum in Davos, that the current volatility is completely normal when it comes to the cryptocurrencies space. He also stated that it is normal for cryptocurrencies to fluctuate by 70% to 80%. This is one of the main reasons why the current volatility does not worry him at all.
January 09, 2019 11:13 PM

smartereum.com

Struggling French tobacco shops sell bitcoin for cash - The Weekly Times
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps: Enabling Cookies in Internet Explorer 7, 8 & 9

As promised in 2018, you can now purchase Bitcoins for cash in french newsstands: 6,000 newsstands soon
Sujets d'actu | Raphael Bloch, Sébastien Olland | 09/01/2019 Depuis le 1er janvier 2019, les particuliers peuvent acquérir des bitcoins et des ethers directement auprès des buralistes. Pour 50, 100 ou 250 euros ces derniers éditent un ticket avec un code qui permet de débloquer son montant sur la plateforme KeplerK. Un tournant dans la démocratisation du bitcoin en France. Sujets d'actu | Les Echos | 09/01/2019 à 10:01 Sujets d'actu | Deborah Loye | 08/01/2019 à 23:01 Sujets d'actu | Raphael Bloch, Sébastien Olland | 09/01/2019 Depuis le 1er janvier 2019, les particuliers peuvent acquérir des bitcoins et des ethers directement auprès des buralistes. Pour 50, 100 ou 250 euros ces derniers éditent un ticket avec un code qui permet de débloquer son montant sur la plateforme KeplerK. Un tournant dans la démocratisation du bitcoin en France.
January 09, 2019 10:56 PM

videos.lesechos.fr


Don't Forget Your Bitcoin Change!
While bitcoin is commonly viewed as electronic cash, bitcoin users don?t actually receive their ?change? back instantly when spending less than what?s in their wallet. Instead, bitcoin change is digitally redeposited in a change address. What you say? For example, consider what would happen if you went to Starbucks and sought to purchase a fancy $5 coffee. If your bitcoin wallet holds $50, the cashier will retrieve $5 from your account and credit your bitcoin address with $45 in ?change.? However, this change is not available for spending until bitcoin confirmations complete ? ensuring that the funds are delivered to the intended address. This can take seconds, minutes or more.
January 09, 2019 10:31 PM

blog.xtrabytes.global

Russian economist: Russia will buy billions of dollars in Bitcoin (BTC) next month
El gobierno ruso no está dispuesto a permitir que las sanciones económicas unilaterales impuestas por el gobierno de Donald Trump afecten aún más su economía y puede estar considerando una medida contundente para combatir el poder estadounidense en esta guerra diplomática actual. Según Vladislav Ginko, profesor de la Academia Presidencial Rusa de Economía Nacional y Administración Pública de Moscú, el gobierno ruso podría estar considerando la adquisición de 470 mil millones de dólares en Bitcoin como una forma de cambiar parte de sus reservas de fiat a criptomonedas. El respetado economista afirma que dicho plan tendría una ejecución por etapas dada su magnitud, sin embargo, a pesar de no haberse confirmado, sus estimaciones indican que en este mismo trimestre del año, la administración de Putin estaría interesada en comprar al menos 10 mil millones de dólares. .
January 09, 2019 10:30 PM

criptoinforme.com

Bitcoin Price Analysis: BTC/USD Still on Breakout Watch
Bitcoin continues to hover close to the top of its triangle consolidation pattern visible on the 4-hour time frame as it attempts to break higher. This marks another day above the $4,000 mark which is a positive sign for bulls. In addition, the 100 SMA is safely above the longer-term 200 SMA to confirm that the path of least resistance is to the upside. In other words, resistance is more likely to break than to hold or support is more likely to hold than to break. The 200 SMA dynamic support lines up with the triangle bottom at $4,000 to add to its strength as a floor. A break past the triangle top around $4,200 could send Bitcoin higher by the same height as the chart formation. This spans $3,200 to around $4,400 so the resulting climb could be around $1,200. Similarly, a break below support could set off a slide of the same size.
January 09, 2019 10:20 PM

bitcoinerx.com


Aggregated knowledge base entries about Bitcoin (BTC) Titles not entered by Crypto.BI and are Copyright(C) their original authors.