Cryptocurrency news

• Bitcoin Weekly Close Nears as Bears Maintain Control; Will BTC Soon Drop Below $9,000?

  28-07-2019 23:30 via newsbtc.com
  Bitcoin (BTC) and the aggregated crypto markets have climbed slightly today after facing significant downwards pressure over the past couple of days.
  This recent price action has signaled that bears are currently in full control of the cryptocurrency, and without a major push by bulls, Bitcoin could face an incredibly weak weekly close that spells trouble for the weeks and months ahead.
  Bitcoin Climbs Above $9,500 as Bulls Attempt to Push BTC Higher
  At the time of writing, Bitcoin is trading up
  
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• Analyst: BitMEX Data Suggests Bitcoin is Fairly Valued at $8,800 to $9,300

  28-07-2019 23:00 via newsbtc.com
  Once again, Bitcoin (BTC) is trading under $10,000. In fact, as of the time of writing this article, the cryptocurrency is sitting around $9,500 — up 0.8% in the past 24 hours.
  Related Reading: Crypto Tidbits: Bakkt’s Bitcoin Futures, Monex & Libra, Andrew Yang PAC Accepts BTC
  While some cynical analysts are expecting for BTC to spike lower, one investor suggests that per his analysis of a number of data points, the asset’s “inferred price” or fair value isn&rsq
  
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• Hodler’s Digest, July 22–28: Libra Doubts, Bitcoin Slumps, McAfee Behind Bars

  28-07-2019 22:30 via cointelegraph.com
  This week in Hodler’s Digest: the surveys that reveal Facebook’s big Libra problem. Plus, John McAfee shrugs off legal trouble in the most John McAfee way possible
  
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• Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin

  28-07-2019 22:00
  Craig Wright has a theory about why almost nobody will capitulate to his demands to be worshiped as Satoshi Nakamoto, the creator of Bitcoin. Standing on the wrong end of a multibillion-dollar lawsuit, he believes that his persona has led to attacks on him personally, as opposed to the ideas he has presented to the […]
  The post Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin appeared first on CCN Markets
  
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• Is Bitcoin’s Success Simply the Result of Clever Marketing? This Critic Thinks So

  28-07-2019 21:30 via newsbtc.com
  Despite the massive volatility that is a defining characteristic of the crypto markets, many proponents of Bitcoin (BTC) have claimed that the technology is posed to be a suitable replacement for safe haven assets like gold, and even for fiat currencies.
  Despite this, one critic of Bitcoin is claiming that BTC’s success over the past decade is simply the result of clever marketing, and he believes that the cryptocurrency may not be able to sustain its price in the long-term as early buyers
  
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• 3 Reasons Analysts Are Bullish on Bitcoin Despite 33% Price Correction

  28-07-2019 21:05 via cointelegraph.com
  Alongside the looming halving and predicted influx of new institutional platforms for trading Bitcoin, the stage for a new all-time high price could be set
  
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• 10 Times US Banks & Politicians Funded Terrorism Without Bitcoin

  28-07-2019 21:00
  U.S. Treasury Secretary Steven Mnuchin slandered cryptocurrencies at a press conference earlier this month. Mnuchin attempted to smear the industry with associations to money laundering and funding terrorism. He said he has “serious concerns” that bitcoin could be misused “by money launderers and terrorist financiers.” As if to underscore the part of the picture Mnuchin […]
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• Price Analysis 28/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

  28-07-2019 20:24 via cointelegraph.com
  Sentiment will turn sour if these cryptocurrencies plunge below their recent lows
  
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• Tokenizing Sports — How the Industry Is Incorporating Crypto

  28-07-2019 20:10 via cointelegraph.com
  Sports teams around the world are starting to adopt crypto projects as they see the potential of the technology.
  
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• Ripple (XRP) Down 7%, Bulls Fail to Break Above a Key Moving Average

  28-07-2019 20:00 via newsbtc.com
  Ripple (XRP) is down 7.4 percent from last week’s close
  Kenny Li, the CEO of Worthyt, said people are willing to trade the security of decentralization for speed and convenienceRipple Price Analysis
  Fundamentals
  Blockchain is altering the way payments are done. Introducing speed, efficiency, and slashing costs, countless applications can be built on top of this distributed ledger. Ripple is one of the many companies that is taking on traditional behemoths by leveraging on the transparency
  
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• Prominent Investor on Why Bitcoin Can Hit $20,000 by Year’s End

  28-07-2019 20:00 via newsbtc.com
  Bitcoin (BTC) has continued to stumble into the weekend. As reported by NewsBTC yesterday, the cryptocurrency has found itself under the key $10,000 price point, managing to lose five digits for the umpteenth time in a matter of weeks.
  This price action, which comes in stark contrast to the cheery predictions posted on Twitter just weeks earlier, has left many wondering — what is next for BTC? And more importantly, how far will the crypto market drop in this downturn?
  Related Reading: Bitc
  
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• Trump’s Libra Slam May Have Kneecapped Facebook Stock

  28-07-2019 19:38
  In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake the Trump Dump Facebook stock has remained trapped in a holding pattern since Trump gave Mark […]
  The post Trump’s Libra Slam May Have Kneecapped Facebook Stock appeared first on CCN Markets
  
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• Crypto’s Next Frontier: Virtual Reality – And World of Warcraft

  28-07-2019 19:00
  Imagine the near future, when virtual reality – along with cryptocurrency – has become a fixture of daily life. The Other World Built on Ours – And Powered by Crypto Some people might work in VR, commuting to work from their home-office desk and doing tasks at a virtual workplace. The work will mostly be […]
  The post Crypto’s Next Frontier: Virtual Reality – And World of Warcraft appeared first on CCN Markets
  
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• CoinLaunch Reaches $50,000 Settlement With Ontario Securities Commission

  28-07-2019 18:35 via cointelegraph.com
  Initial coin offering consultant CoinLaunch agrees to pay $50,000 to the Ontario Securities Commission
  
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• WATCH: The Facebook Libra Hearings: Everything You Missed in 5 Minutes

  28-07-2019 18:00
  From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.
  
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• Bitcoin (BTC) Retesting $9,500 for the Second Time in July, Will This Support Hold?

  28-07-2019 18:00 via newsbtc.com
  Bitcoin (BTC) is down 11.7 percent
  The identity of Satoshi Nakamoto should remain anonymousJohn McAfee, the vocal Bitcoin permabull, claims to know the identity of Satoshi Nakamoto, the creator of Bitcoin. However, in a recent interview, “Bitcoin”, hopes Satoshi Nakamoto remains anonymous. Presently, BTC is down 11.7 percent from last week’s close.
  Bitcoin Price Analysis
  Fundamentals
  Through and through, Bitcoin, the network and internet money, is just like any other tool. At
  
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• Are Tron & Justin Sun Playing a Sneaky Game of 4-D Chess?

  28-07-2019 17:51
  According to CNBC Africa’s Ran NeuNer, TRON CEO Justin Sun was forbidden to take part in the Warren Buffett lunch due to the ongoing trade tensions between China and the United States. The unnamed source claims the Chinese government found Sun’s promotion of the lunch “provocative” and suggests it won’t take place at all. The […]
  The post Are Tron & Justin Sun Playing a Sneaky Game of 4-D Chess? appeared first on CCN Markets
  
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• Top-5 Crypto Performers: EOS, LEO, ETC, ADA, XMR

  28-07-2019 17:28 via cointelegraph.com
  The next few days are critical because if supports break, these cryptocurrencies might plunge to yearly lows
  
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• 15-Year-Old Is Now a Millionaire, Places Second in Fortnite World Cup

  28-07-2019 16:30
  A 15-year-old has become an overnight millionaire after participating in this weekend’s Fortnite World Cup. British teenager Jaden Ashman, who plays under the moniker Wolfiez, alongside his 21-year-old duo Dutch partner Dave Jong, known in-game as Rojo, stormed the duo finals yesterday to take home an eye-watering split prize of $2.25 million. Before yesterday’s exploits, […]
  The post 15-Year-Old Is Now a Millionaire, Places Second in Fortnite World Cup appeared first on CCN M
  
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• Peter Schiff Pounces, Chalks Up Bitcoin to Marketing Success for Early Whales

  28-07-2019 14:45
  The bitcoin price is once again hovering below the $10,000 level, which the bulls see as a buying opportunity and the skeptics take as a chance to make digs. Gold bug Peter Schiff is among the first to pounce and rather than buying is doubling down on his bearish sentiment. The funny thing is there […]
  The post Peter Schiff Pounces, Chalks Up Bitcoin to Marketing Success for Early Whales appeared first on CCN Markets
  
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• Greek Billionaire Launches Hemp-Backed Token and Dedicated Exchange

  28-07-2019 13:53 via cointelegraph.com
  Cannabis-backed token SWX Coin launched by Greek billionaire and television director Alki David and his Swiss consortium
  
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• Cryptocurrency market update: Bitcoin extends consolidation near $9,500 - FXStreet

  28-07-2019 13:27
  Cryptocurrency market update: Bitcoin extends consolidation near $9,500  FXStreetThe cryptocurrency market got hit by a strong selling wave on Saturday, forcing Bitcoin to erase more than $500 in a few minutes and pierce below the.
  
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• Bitcoin Falls Under $9,600 as Most Altcoins See Major Losses

  28-07-2019 10:24 via cointelegraph.com
  Bitcoin fell below the $9,600 mark as most of the top 20 cryptocurrencies are reporting losses on the day as of press time
  
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• 7 Things You Should Know About Facebook's New Cryptocurrency Libra - Interesting Engineering

  28-07-2019 10:02
  7 Things You Should Know About Facebook's New Cryptocurrency Libra  Interesting EngineeringTrust will be a big issue in public acceptance of Facebook's new digital currency Libra.
  
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• Is US Environmental Tax Policy Hindering Solar Power to Fuel Digital Technologies?

  28-07-2019 08:51 via cointelegraph.com
  How environmental policy in the US could influence the digital technology energy consumption, expert take.
  
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• Bitcoin (BTC) Price Weekly Forecast: Risk Of Significant Downside Break

  28-07-2019 07:30 via newsbtc.com
  After a short term upside correction, bitcoin price failed to surpass $10,200 against the US Dollar.
  The price formed a double top near the $10,200 level and declined below the $10,000 support.
  There is a crucial bearish trend line forming with resistance near $10,350 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair could breakdown if it continues to struggle near $10,000, $10,200 and $10,400.Bitcoin price is currently under pressure after it failed again near $10,200
  
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• Proposed Ban On Cryptocurrency In India: An Analysis Of 'Banning Of Cryptocurrency & Regulation Of... - Live Law

  28-07-2019 07:01
  Proposed Ban On Cryptocurrency In India: An Analysis Of 'Banning Of Cryptocurrency & Regulation Of...  Live LawMuch awaited report of the Inter-ministerial Committee constituted under the Chairmanship of Shubash Chandra Garg (Secretary, Department of Economic ...
  
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• Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task

  28-07-2019 06:28 via newsbtc.com
  ETH price remained supported above the $200 level and recovered slightly support against the US Dollar.
  The price climbed above $220, but it faced a strong resistance near the $225 level.
  Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair is currently at a risk of more losses unless it climbs above the $225 and $235 resistances.Ethereum price is showing signs of weakness against the US Dollar and
  
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• Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch

  28-07-2019 04:45
  The Doom games have received many re-releases over the years to more or less success, including a full reboot in the Spring of 2016. Most recently, 1993’s Doom, Doom II, and Doom 3 were rereleased by current series publisher Bethesda, which received a good deal of backlash in the process. On July 26, Bethesda rereleased […]
  The post Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch appeared first on CCN Markets
  
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• Five of the Most Important Use Cases for Cryptocurrency - Bitcoin News

  28-07-2019 03:01
  Five of the Most Important Use Cases for Cryptocurrency  Bitcoin NewsCrypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the ...
  
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• Wall Street & White House Divided on Pace of Rate Cuts

  28-07-2019 01:00
  Most of Wall Street is expecting the Fed to cut interest rates in coming days, but the question is by how much? For the most part, economists fall in one of two camps – a 25 basis-point cut or a 50 basis-point cut. But according to one White House official, half-a-point is just not going […]
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