January 15th Market Update: Ethereum Drops as Constantinople Hard Fork is Delayed January 15th Market Update: Ethereum Drops as Constantinople Hard Fork is Delayed
Following yesterday's price jump in the markets, most cryptocurrencies have drifted lower today, with Ethereum plunging over 6% due to its highly-anticipated Constantinople hard fork being delayed. Most cryptocurrencies are still trading up from their weekly lows despite today's downwards move, and most analysts still see positive price action being right around the corner. Yesterday, the markets surged allowing most cryptocurrencies to regain much of the losses they incurred over a volatile weekend trading session that left many altcoins sitting at their weekly lows. Bitcoin (BTC) has now dropped slightly over a 24-hour trading period and is currently trading down 2.2% at its current price of $3,625. Yesterday, Bitcoin traded around $3,700 for most of the day, from which it is has only drifted down slightly. This share was obtained by us on 2019-01-16 05:43:34. Share this content on social media: Related assets may include ETH, ARK. See ci.covesting.io for complete listings from this source. Reply to Topic

Swiss Luxury Watchmaker Announces Wrist Watch with Built-In Crypto Wallet Swiss Luxury Watchmaker Announces Wrist Watch with Built-In Crypto Wallet
Swiss luxury watchmakers have begun getting into crypto in a big way, first with Hublot launching a Blockchain Watch which can only be purchasedwith Bitcoin, to celebrate ten years since the first ever cryptocurrency was created by the mysterious Satoshi Nakamoto. Following Hublot's lead, centuries-old Swiss watchmaker A. Favre & Fils are preparing to release a new luxury timepiece that comes with a built-in, fully featured cryptocurrency hardware wallet for cold storage. The ten-generation watchmaking company says it will merge the worlds of fine horology, mechatronics and cryptology to create a unique next-generation timepiece. A. Favre & Fils says the luxury wristwatch will feature a state of the art proprietary security solution that allows the watch to also function as a cryptocurrency hardware wallet for holding crypto assets in cold storage. This publication was obtained by us on 2019-01-15 10:52:18. Share this content on social media: Related crypto assets include MKR. See ci.covesting.io for more similar content. Reply to Topic

January 14th Market Update: Bitcoin Surges to $3,700, Validating $3,550 as a Level of Support January 14th Market Update: Bitcoin Surges to $3,700, Validating $3,550 as a Level of Support
Following this past weekend's volatile trading period that led many altcoins to plunge 10% or more, the cryptocurrency markets bounced today, recovering much of its recent losses. Today's bounce also seemed to confirm $3,550 as a strong level of support for Bitcoin. Analysts are now claiming that this latest move up is significant from a technical and a fundamental standpoint, as it signals that the markets have been forming higher lows ever since they touched the low-$3,000 region in mid-December. As discussed in last Friday'smarket update, analysts previously speculated that Bitcoin had established a new trading range between $3,550 and $4,200 after it was unable to trade above $4,000 for an extended period of time. This entry was obtained by us on 2019-01-15 05:20:41. Share this content on social media: Mentioned assets BTC, TCN, ARK. See ci.covesting.io for additional posts. Reply to Topic

This Week in Crypto: 51% Attacks, Monero Ransom, Ledger Nano X, and More This Week in Crypto: 51% Attacks, Monero Ransom, Ledger Nano X, and More
The cryptocurrency market never closes, and the industry itself is growing faster than ever. This means there's more breaking news, and more vital information emerging than ever before.This Week in Cryptois Covesting's weekly news recap aimed at providing the most complete coverage across the cryptosphere. This week, the original unforked Ethereum blockchain suffered a 51% attack that led to many exchanges and services being paused while the situation was investigated. The attack resulted in double spends of Ethereum Classic, amounting to a combined $1.1 million. According to researchers, the attack happened in two stages. The price of ETC plummeted in the wake of the news. This data was first found by us on 2019-01-12 11:55:51. Share this content on social media: These assets may interest you XMR, NANO. Visit ci.covesting.io for more from this source. Reply to Topic

January 11th Market Update: Bitcoin and Crypto Markets Find Stability Following Yesterday s Drop January 11th Market Update: Bitcoin and Crypto Markets Find Stability Following Yesterday s Drop
After a several-day period of relative stability in the cryptocurrency markets, they continued to trade with significant volatility yesterday when Bitcoin failed to hold above $4,000 for an extended period of time. Yesterday's drop sent most cryptocurrencies, including Bitcoin, spiraling down 10% or more, from which the markets have climbed slightly. It now appears that Bitcoin is forming fresh trading ranges that will give traders a better idea of how they can profit from volatility in the near-term. As discussed in previous market updates, there is a consensus amongst analysts that Bitcoin is currently caught in a wide trading range between $3,000 and $5,000, with significant support existing at the former price level and resistance at the latter price level. This entry was first found by us on 2019-01-12 05:15:47. Share this content on social media: These assets may interest you BTC, TCN, ARK. You may want to visit ci.covesting.io for more. Reply to Topic

January 10th Market Update: What Analysts Are Saying About Today s Crypto Plunge January 10th Market Update: What Analysts Are Saying About Today s Crypto Plunge
Earlier today the cryptocurrency markets plunged after Bitcoin failed to stabilize above $4,000, a price level that bulls had ardently defended for multiple days. Analysts are saying that the recent move down is not fundamentally or technically driven, and is most likely the result of an incursion of selling pressure from bears. Following this recent drop, Bitcoin is now trading down slightly from where it began 2019, and it is looking increasingly likely that the bear market is far from being over. At the time of writing, Bitcoin (BTC) is trading down 9% at its current price of $3,675, down from its recent highs of $4,100 and down slightly from where it started 2019 at approximately $3,800. This publication was discovered by us on 2019-01-11 03:27:30. Share this content on social media: Related crypto assets may include ARK. Browse ci.covesting.io for additional posts. Reply to Topic

Winklevoss Twins Predict Bitcoin s Market Cap to Surpass Gold, Over $7 Trillion Winklevoss Twins Predict Bitcoin s Market Cap to Surpass Gold, Over $7 Trillion
Early cryptocurrency supporters, former Olympic competitors, and founders of the cryptocurrency exchange Gemini, Cameron and Tyler Winklevoss took to the popular content aggregation platform Reddit to conduct an AMA. An AMA? on Reddit, stands for Ask Me Anything and gives notable individuals, or in this case, twins, a soapbox to answer the burning questions the Reddit community may have. In the AMA, the Winklevoss twins touched on some personal subjects, but overall kept the discussion focused on the cryptocurrency sector. In the Reddit thread dedicated to the Q&A session, Cameron and Tyler Winklevoss reasserted their commitment to pursing a Bitcoin ETF, and made some comments about the future of Bitcoin. Tyler noted that the twins believe that bitcoin is better at being gold than gold itself, and will eventually surpass gold's market cap of $7 trillion. This entry was first seen by us on 2019-01-10 08:39:40. Share this content on social media: Mentioned cryptocurrencies include ION, TCN, INK, BTC, ARK, WINK. Have a look at ci.covesting.io for additional posts. Reply to Topic

January 9th Market Update: Selling Volume and Short Positions Decline as Bitcoin's Price Maintains Above $4,000 January 9th Market Update: Selling Volume and Short Positions Decline as Bitcoin's Price Maintains Above $4,000
Bitcoins bulls have presently been able to defend the $4,000 price level for the past several days, leading to a bout of sideways trading. Despite this, new data shows that Bitcoin's short positions and selling volume are gradually decreasing, which could mean that bears are losing their ground. In a recent market update, Mati Greenspan, the senior market analyst at eToro, spoke about the declining selling pressure behind Bitcoin, further noting that the overall cryptocurrency markets are currently consolidating after surging this past weekend. The crypto markets are consolidating gains at the moment and it seems that once again prices have stabilized. Bitcoin is holding steady at $4020 as of this writing. One thing we wanted to highlight is a little graph'that shows the short selling volume on the bitfinex crypto exchange. The red line is Bitcoin's price. The blue line is the level of short selling, which has dropped nearly 30% since its peak on January 1st, Greenspan explained. This piece was obtained by us on 2019-01-10 06:38:10. Share this content on social media: Related assets may include BTC, TCN, ARK, ION. Browse ci.covesting.io for more from this source. Reply to Topic

Top 10 Influencers in Cryptocurrency Top 10 Influencers in Cryptocurrency
The cryptocurrency space is a relatively young industry and market, however, there are already several industry figures that are deeply ingrained in all things cryptocurrency, can speak with authority on a number of crypto-related topics, and have a strong influence over the cryptocurrency community. Cryptocurrency investors and enthusiasts alike look to these influencers to provide key commentary on industry trends or events, and are even sought to provide direction on where the market may go next. Here is Covesting's list of the top 10 cryptocurrency influencers, in no particular order: Changpeng Zhao is among the most beloved names in the cryptocurrency space. The outspoken Binance CEO always speaks in a positive tone, and his remarks are always geared toward the betterment of the cryptocurrency industry. If he's not making prolific tweets, then he's using his platform to tout all of the success his exchange is enjoying as of late. This item was found by us on 2019-01-09 08:01:02. Share this content on social media: See ci.covesting.io for more. Reply to Topic

January 8th Market Update: Bitcoin Fights to Stay Above $4,000, Analysts Conflicted on Where Resistance Exists January 8th Market Update: Bitcoin Fights to Stay Above $4,000, Analysts Conflicted on Where Resistance Exists
Following the market's recent surge upwards that occurred over this past weekend, Bitcoin has so far been able to maintain just a hair above $4,000, which has led to a prolonged sideways trading session for most major altcoins. This sideways trading has extended into today, with most altcoins either trading up or down marginally. Although the markets are currently caught in a bout of relative stability, the Directional Movement Index (DMI) signals that they may soon make an upwards move, led by Bitcoin, which begs the question: where is Bitcoin's next level of significant resistance As discussed in yesterday'smarket update, Mati Greenspan, senior market analyst at eToro, explained in a recent note that he believes Bitcoin is caught in a wide trading range between $3,000 and $5,000, with a major point of resistance existing at the latter price point. This data was found by us on 2019-01-09 03:21:52. Share this content on social media: You may be interested in these cryptocurrencies : BTC, TCN, ARK. Visit ci.covesting.io for additional posts. Reply to Topic

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