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As the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead is not going to be a smooth one the company is looking at alternative ways of getting its own currency off the ground and a - The post appeared first on newsbtc

Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar. The price is now consolidating gains below the $8,300 and $8,350 resistance levels. There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD pair (data feed - The post appeared first on newsbtc

For most of its short life Bitcoin has been a plaything for computer geeks and largely ignored by banks and governments. That all changed in late 2017 when an epic rally sent prices soaring to new peaks. Since then central banks have been paying closer attention to cryptocurrency, especially in recent months as Facebook threatens - The post appeared first on newsbtc

Zcash users discover a counterfeit version of ZecWallet

Ripple price is slowly moving higher towards the $0.2950 resistance area against the US dollar. The price is facing an uphill task near the $0.2950 and $0.2980 resistance levels. There is a major bearish trend line forming with resistance near $0.2950 on the hourly chart of the XRP/USD pair (data source from Kraken). The price - The post appeared first on newsbtc

Bitfinex has filed a subpoena application on a former banking executive of a trust company that it believes can help it recover over $850 million.

Ethereum price is currently correcting higher and is trading above $172 against the US Dollar. Bitcoin price is up more than 4% and it broke the key $8,200 resistance area. There was a break above a key bearish trend line with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken). The - The post appeared first on newsbtc

TechCrunchCNBCBusiness InsiderTODAYonlineThe New Indian Express

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics provider Skew recently observed that long positions held by institutional accounts — pension funds, endowments, insurance companies, mutual - The post appeared first on newsbtc

Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday

Since Bitcoin’s bulls were sidelined in late-June, cryptocurrency investors have been wondering at which point will the pain stop, at which point will BTC resume its uptrend to potentially new all-time highs. For months, nobody had an answer. Bitcoin fell through $13,000, then $10,000, then $8,000 most recently. And still, some are calling for another - The post appeared first on newsbtc

Samsung’s software arm Samsung SDS announced a joint blockchain development initiative with Tech Mahindra

As Bitcoin miners felt the pinch of falling prices, could this signal a potential bottom as price support held for the fifth consecutive week at $7,800?

Bulls are finally back. After a few days of bearish price action, Bitcoin (BTC) has bounced higher, rallying from Saturday’s $7,900 daily lows to $8,175 as of the time of writing this piece. That move represents a 3.5% gain. Altcoins have followed suit, with a majority of large caps like Ethereum and XRP also experiencing - The post appeared first on newsbtc

Several top cryptocurrency performers are showing initial signs of a trend change. At what levels do they become a buy? Let’s study the charts

Libra is acting confident ahead of Zuckerberg’s testimony before U.S. regulators — even despite losing a quarter of its members

Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action. Analysts are now noting that Bitcoin’s “bedrock” support in the near-term - The post appeared first on newsbtc

In this week’s Hodler’s Digest, a New York court postpones Telegram’s TON hearing, Mark Carney defends Libra, and Russia blocks Cointelegraph

Ethereum Name Service launches multicoin support

An impending bear cross of the 128 and 111-day moving average could see Bitcoin price drop below the $7,777 and $7,700 support to new lows below $7,300

There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from - The post appeared first on newsbtc

Former IBM and Google Russia exec joins blockchain firm Credits as CBO

Saturday, so far, has been a relatively neutral day for the cryptocurrency market. Bitcoin, Ethereum, and a majority of other large caps saw effectively zero losses or gains on the day, while trading volumes across the board tanked. Related Reading: Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple’s XRP Sales Fall, Grayscale Sees Growing Altcoin Demand - The post appeared first on newsbtc

This week’s selected cryptocurrency news from the German-speaking world, courtesy of Cointelegraph auf Deutsch

If you’ve been on Crypto Twitter over the past 24 hours, you have likely noticed one Bitcoin-bashing tweet from Peter Schiff. The message, which can be seen below, shows the libertarian investor claiming that BTC’s price chart “looks horrible.” Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally Schiff, in fact, remarked - The post appeared first on newsbtc

Blockchain platforms designed for advanced processes, such as smart contracts and decentralized applications (dApps), are seeing a significant uptick in adoption, as a wide range of organizations recognize what the technology has to offer. Although Ethereum is considered the leader in this space, Hyperledger is now becoming a significant rival. This fact may be surprising

In letter to investors, Telegram calls February hearings “a positive step” in process of determining that Gram tokens are not securities

The Bitcoin (BTC) bear trend that brought the cryptocurrency from $14,000 to $7,700 is over… according to a price model anyway. In early-August, a cryptocurrency investment boutique unveiled a price prediction model that used Facebook’s Prophet machine learning software in Python. BurgerCrypto, as the upstart is called, revealed in their model that they expect Bitcoin - The post appeared first on newsbtc

Another week, another ofCrypto Tidbits. Over the past week, Bitcoin hasn’t done too hot, sliding under $8,000 for the umpteenth time in a few months. A majority of altcoins — save for XRP, Dogecoin, Binance Coin, and a few others — have followed BTC lower, posting 3% to 6% losses. Despite the growing potential for - The post appeared first on newsbtc

Taiwanese electronics giant HTC has launched its new smartphone Exodus 1s, enabling users to run a full Bitcoin node on mobile

After struggling to break above $8,000 for the past several days, Bitcoin was once again able to find some support within the upper-$7,000 region that held strong and allowed BTC to move back up above $8,000. Analysts are now noting that the cryptocurrency may climb higher in the near-term but are also noting that a - The post appeared first on newsbtc

While banks are looking for ways to tokenize employees’ reputations, the Enterprise Ethereum Alliance has already found a way

Bitcoin price recovers above $8,000 after BTC blockchain his 600,000 blocks and 18th million Bitcoin was mined

“I’m not buying anything,” says Tron founder and CEO Justin Sun amid recent reports suggesting that he acquired crypto exchange Poloniex

The Taiwanese electronics giant has launched the Exodus 1s phone with a built-in hardware wallet and the ability to support a bitcoin node.

Some major issues must be resolved before blockchain voting becomes trustworthy, according to a new study

The messaging app company and the SEC will now meet next February to debate the regulator's claim the gram token is a security.

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