Cryptocurrency news

• Why Analysts Believe Ethereum Is Poised to Fall 20% Against Bitcoin

  28-12-2019 23:41 via newsbtc.com
  
  Altcoins have once again started to fall off, with Ethereum and XRP both plunging amid Bitcoin’s latest bout of volatility. According to an analyst going by Mac, it may soon get worse for the altcoin class.
  He remarked in a recent tweet that he expects for both altcoins as a class and Ethereum to fall by 20% against Bitcoin, noting that the ETH/BTC pair is currently far above any semblance of support.
  Related Reading: Crypto Tidbits: Youtube’s Bitcoin Ban, Ethereum Co-Founder Sells S
  
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• Why Analysts Think Gold’s Christmas Rally to $1,500 Is Only the Beginning

  28-12-2019 23:00 via newsbtc.com
  
  Over the past few weeks, the price of gold has begun to pick up steam, surging by $35, some 2.5%, in the past three days. In the past four weeks, since the start of December, the asset has gained 4%.While this Santa Claus rally has already brought the price of the metal above $1,500, where it was trading during the peak of trade war talks earlier this year, analysts are currently forecasting that the asset will head higher in the coming months.
  Related Reading: Prominent Gold Bull Thinks the Nex
  
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• Around the World in 2019 — A Landmark Year for Crypto Taxation

  28-12-2019 22:32 via cointelegraph.com
  
  US, UK, France, Australia and many more – a glance of crypto tax legislation worldwide in 2019
  
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• Billionaire Investor Predicts Bitcoin Will Be Over $12k This Time in 2020

  28-12-2019 22:30 via newsbtc.com
  
  Ever since Bitcoin’s meteoric rise to highs of $20,000 in late-2017 and subsequent drop, analysts and prominent figures within the industry have all been offering price targets for where they expect BTC to surge to over a fixed time period.
  Although some of these predictions have been lofty and unrealistic, one billionaire cryptocurrency investor is now explaining that he believes Bitcoin will be trading at over $12,000 at this time next year, meaning that 2020 could hold some decent upwar
  
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• Crypto Tidbits: Youtube’s Bitcoin Ban, Ethereum Co-Founder Sells Stash, China’s Digital Currency Nears

  28-12-2019 21:30 via newsbtc.com
  
  Another week, another round of Crypto Tidbits. The last week of December was quiet for the Bitcoin and broader digital asset market, with BTC gaining 2.6% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to outperform, seeing approximately 10% gains on the week.
  Due to it being the holiday season, the underlying industry was also extremely quiet, with there being few develo
  
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• Could Ripple CEO’s Own 2020 Prediction Spell Trouble for XRP?

  28-12-2019 20:30 via newsbtc.com
  
  The CEO of fintech company Ripple is now offering a bold prediction for what the new year holds in store for the cryptocurrency markets, as he believes that the market-wide purge that was largely anticipated to occur in 2019 will actually take place in 2020.
  This market-wide “consolidation” trend that he anticipates to occur in the coming year may have large implications for how the markets will trend in the future, and may even spell trouble for XRP.
  Ripple CEO: 2020 To Be Year of C
  
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• Breezecoin (BRZE) Continues to Gain Upward Trajectory Despite the Recent Bitcoin Slump

  28-12-2019 19:46 via newsbtc.com
  
  As 2019 comes to an end, the Breezecoin (BRZE) token defended its position despite the recent down-trend in the price of bitcoin and altcoin markets. The second half of the year was accompanied by a steady fall in the crypto market after BTC braced a year-high of over $13k. However, the reverse was the case for the BRZE token which has seen an astronomical gain in price and value since the second half of the year.
  BRZE token which resumes its uptrend around $0.16 in September has seen a record h
  
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• This Key Trend Shows the Real Bitcoin Bottom May Be In

  28-12-2019 18:30 via newsbtc.com
  
  Bitcoin’s price has been stuck within a firm and unwavering trading range within the lower-$7,000 region over the past week, with each attempt to rally being quickly rejected by aggressive selling pressure that has led BTC to remain stuck around its current price levels.
  One analyst is now noting that a key trend Bitcoin has been forming on its monthly chart points to the possibility that the crypto is currently in the process of posting a long-term bottom. A break of this trend, however,
  
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• The Most Lucrative Signal in Bitcoin History Just Flipped Buy

  28-12-2019 17:18 via newsbtc.com
  
  Bitcoin is the best performing investment of the last decade, bringing investors who bought the asset early unimaginable returns.
  An important metric in Bitcoin has just signaled buy for the tenth time in the asset’s history, with each time the buy signal occurring in the past resulting in an average of 5,000% returns following. Could Bitcoin be ready to bring investors upwards of 5,000% returns in the coming months ahead?
  Bitcoin Hash Ribbons Confirm Buy Signal for 10th Time In Crypto His
  
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• Bitcoin Signal Last Seen Prior to Price Rally From $3,700 to $14,000 Appears Again

  28-12-2019 16:00 via newsbtc.com
  
  It appears that Bitcoin’s medium-term outlook is rapidly starting to favor bulls, with reports upon reports coming in indicating that the technicals and fundamentals imply that a return to a bullish phase is on the horizon for BTC.
  Related Reading: What’s Next for the Bitcoin Blockchain? Top Developer Weighs In
  Bitcoin Technical Indicators Continue to Flip Green
  According to a recent tweet from full-time cryptocurrency trader Crypt0mer, Bitcoin’s one week chart recently pr
  
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• United Nations Must Embrace Blockchain: UN Secretary-General

  28-12-2019 14:53 via cointelegraph.com
  
  United Nations must embrace blockchain technology, according to the organization’s secretary-general António Guterres
  
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• Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records

  28-12-2019 13:20 via cointelegraph.com
  
  LocalBitcoins trading volumes in Argentina and Venezuela break new records
  
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• Data Creators Should Share in the Profits From Big Data

  28-12-2019 13:00
  
  If data is the new oil, we need new business models allowing creators to share in the profits.
  
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• Blockchain Projects Are Just Entering the Netscape Phase

  28-12-2019 12:33
  
  People who claim “nothing has happened yet,” or that digital assets and blockchains only have limited use cases, only see patches of the quilt.
  
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• Federal Reserve’s Record $235 Billion Repo Intervention Validates Bitcoin

  28-12-2019 11:00 via newsbtc.com
  
  While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown.
  Related Reading: Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is Failing
  One such pro-Bitcoin event, or trend rather, is the Federal Reserve’s decision to pump billions of dollars worth of liquidity into the re
  
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• Facebook’s Libra Has Failed in Current Form, Says Swiss President

  28-12-2019 10:28 via cointelegraph.com
  
  According to Switzerland’s president the assets backing Libra need to change for the stablecoin to be approved
  
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• New Year 2020 Crypto Shopping Guide for Filthy Rich Hodlers

  28-12-2019 09:55 via cointelegraph.com
  
  The New Year is a time for self-development as well as splashing the cash. Here’s how you can spend like royalty in Europe
  
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• Once Bitcoin Breaks $7,650, Price Will “Fly” Higher; Here’s Why

  28-12-2019 09:07 via newsbtc.com
  
  Bitcoin (BTC) has had quite a quiet past few days, flatlining in the low-$7,000s in the wake of Christmas. Analysts say that despite this lull, the cryptocurrency is starting to show signs of wanting to break higher.
  Analyst Mexbt remarked that he thinks that the cryptocurrency will soon “test the weekly and monthly open,” meaning the range between “$7509.5 to $7549.5,” possibly as soon as this weekend. This would mark a 5% rally from current levels.I'm expecting Bitcoin
  
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• Why a Fund Manager Thinks Bitcoin Will Rally 25% to $9,000 In One Month

  28-12-2019 07:49 via newsbtc.com
  
  Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between a rock and a hard place. Although some say that this is indicative of an impending return to the $6,000s, then the $5,000s, a prominent cryptocurrency-centric fund manager has asserted that the leading cryptocurrency is poised to retake $9,000 within a few weeks’ time.
  Related Reading: Why Bitcoin Network’s Record 2019 Is Bullish For the Crypto Market
  Bitcoin to Top $9,000 By End
  
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• Bitcoin Price Takes Aim at $7.4K Resistance — $7.6K by Monthly Close?

  28-12-2019 07:29 via cointelegraph.com
  
  Bitcoin price appears set to retest the $7.4K resistance but will the digital asset take a shot at the more important $7.6K resistance before the weekly and monthly close?
  
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• 70% of Bitcoin Hasn’t Moved For Over 6 Months, and It Means a Big Bull Run is Coming

  28-12-2019 03:45 via newsbtc.com
  
  If you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL,” A misspelling of the word “hold,” HODL is an industry joke used by cryptocurrency investors who believe that the price of BTC will appreciate with time, primarily due to adoption and the asset’s disinflationary inflation schedule, created by “halvings” every four years.
  While “HODL” is seen as a joke by many, hard
  
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• Bitcoin Poised to Retest $5,000 Before Return to Bull; Here’s Why Analysts Think So

  28-12-2019 03:00 via newsbtc.com
  
  Earlier this month, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.)
  Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So
  While this is a decidedly bullish sign in the long term, with this signal pr
  
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• Here’s What Bitcoin’s Surge Off Its Daily Lows Says About Where It’s Heading Next

  28-12-2019 02:00 via newsbtc.com
  
  Bitcoin’s bulls were able to defend BTC from facing a much steeper sell-off today, which comes closely on the heels of the recent rejection the cryptocurrency experienced, which to many investors signaled that significantly further losses were imminent.
  Analysts are now explaining that bull’s ability to defend against further losses points to the possibility that the crypto will see further upside in the near-term, potentially even revisiting its recent highs within the upper-$7,000
  
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• Analyst Explains Why XRP Price May Soon Jump Over 100%

  28-12-2019 00:00 via newsbtc.com
  XRP hasn’t done too hot over the past few months, both in terms of its performance against the U.S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin.
  Despite this, an analyst is starting to believe that the price of XRP is ready to jump, looking to a historical trend that indicates that bulls are poised to take over.
  Related Reading: Trader Says Preventing XRP Investments in 2
  
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