Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture
Oct20

Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture

ETH price is under pressure and it recently declined below the $180 support against the US Dollar. The price is currently struggling to hold an important support area near the $168 level. There is a crucial bearish trend line forming with resistance near $174 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either decline further below $168 or it might start a decent recovery towards $180. Ethereum price is...

Read More
Bitcoin (BTC) Price Weekly Forecast: Vulnerable Below $8K-$8.2K
Oct20

Bitcoin (BTC) Price Weekly Forecast: Vulnerable Below $8K-$8.2K

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 Kraken). The price must climb above $8,100 and $8,200 for bullish continuation in the near term. Bitcoin price is showing bearish...

Read More
Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO
Oct20

Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO

Former IBM and Google Russia executive Jennifer Trelewicz joins blockchain platform Credits as its new chief business officer. Former Google Russia chief technology officer Jennifer Trelewicz has joined blockchain platform Credits (CS) as its new chief business officer (CBO). According to an official announcement published on Oct. 11, Trelewicz’s first experience working with blockchain was during her time as the CEO of Russian...

Read More
Sally Ho’s Technical Analysis 20 October 2019
Oct19

Sally Ho’s Technical Analysis 20 October 2019

Bitcoin Bitcoin (BTC/USD) retreated lower early in today’s Asian session as the pair traded as low as the 7896.01 area following steady selling pressure after the pair failed to sustain a break above the 8000 figure. During yesterday’s North American session, the pair weakened to the 7873.46 area and quickly retraced higher to the 8099.98 area before ceding some intraday gains.  A few Stops were elected below the 7887.32 area during...

Read More
“Weak” Ethereum Price May See 20% Drop Before Breakout
Oct19

“Weak” Ethereum Price May See 20% Drop Before Breakout

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 Despite this non-action, analysts are currently charting a move lower for...

Read More
Crypto News From the German-Speaking World: Oct. 13–19 in Review
Oct19

Crypto News From the German-Speaking World: Oct. 13–19 in Review

Cointelegraph presents a weekly digest of news from the German-speaking world, with help from Cointelegraph auf Deutsch. The German-speaking world has seen another week of events in the crypto industry, with a new survey revealing that 27% of Germans are interested in using Facebook’s planned Libra stablecoin, which has been discussed all over the world since its announcement in June 2019. Despite existing criticism of Libra, global...

Read More
Bitcoin is Up 83,000% Since Gold Topped in 2012: Bullion vs. BTC
Oct19

Bitcoin is Up 83,000% Since Gold Topped in 2012: Bullion vs. BTC

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 that the “(bear) flag that followed the recent breakdown projects a move to...

Read More
Tor Browser Plays Host to BTC-Stealing Malware
Oct19

Tor Browser Plays Host to BTC-Stealing Malware

If there’s one thing bitcoin enthusiasts are having a hard time avoiding, its crypto scams and thefts. From Mt. Gox to Coincheck, thefts can ring through the industry like the bells of Notre Dame, and sometimes, they can lead to harsh consequences for the crypto and blockchain space. The latest scam is coming by way of the Tor Browser, which is being monitored by criminals as a means of stealing unsuspecting persons’ bitcoins. Tor...

Read More
Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings
Oct19

Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings

Telegram writes investors regarding delayed judgment, anticipating resolution that Grams are not securities February hearings. In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimism The letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until...

Read More
Model That Predicted Bitcoin Price Drop to $8,000: Bears Are Done
Oct19

Model That Predicted Bitcoin Price Drop to $8,000: Bears Are Done

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 to fall to the low-$8,000 region in October. Related Reading:...

Read More
Peter Thiel Invests in Layer1; Looks to Boost U.S. BTC Mining Presence
Oct19

Peter Thiel Invests in Layer1; Looks to Boost U.S. BTC Mining Presence

For many people, i.e. Warren Buffett, bitcoin and cryptocurrency are two things that should be avoided at all costs. For others however, like billionaire Peter Thiel, bitcoin’s success is just getting started, and the coin represents a whole new wave of financial innovation that the world hasn’t seen yet. Peter Thiel: The BTC Champion? Thiel is the co-founder of PayPal. His love of crypto is ironic considering he lost former executive...

Read More
Gold Bull Claims Bitcoin is Positioned for a Dip Towards $2,000
Oct19

Gold Bull Claims Bitcoin is Positioned for a Dip Towards $2,000

Bitcoin (BTC) has been trading within a tight trading range around $8,000 for the past week and has failed to incur any significant momentum in either direction that illuminates its near-term trend. One prominent Gold bull and an outspoken Bitcoin critical is now noting that multiple technical formations point to the possibility that the cryptocurrency is currently positioned for a movement towards $2,000, but crypto-focused analysts...

Read More
HTC Exodus 1s Smartphone Can Hold the Entire BTC Ledger
Oct19

HTC Exodus 1s Smartphone Can Hold the Entire BTC Ledger

HTC – an electronics company based in Taiwan – has released a new smartphone capable of running an entire bitcoin node. In other words, it can hold the entire bitcoin ledger with an SD card that’s purchased separately. HTC – Paving the Way to Greatness Known as the Exodus 1s, the phone clearly has a lot of storage space and memory. With the entire bitcoin network being held on a person’s phone, that’s roughly 260 gigabytes of memory...

Read More
Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple’s XRP Sales Fall, Grayscale Sees Growing Altcoin Demand
Oct19

Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple’s XRP Sales Fall, Grayscale Sees Growing Altcoin Demand

Another week, another of Crypto 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 an extended downtrend, this past week was rather positive for the cryptocurrency industry at large. For instance,...

Read More
HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node
Oct19

HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node

The HTC’s new Exodus 1s smartphone launches in Europe, Taiwan, Saudi Arabia and the UAE and can run a full mobile BTC node. Taiwanese electronics giant HTC has launched its new smartphone Exodus 1s, enabling users to run a full Bitcoin (BTC) node on mobile. First smartphone to support full Bitcoin node In line with an announcement in May 2019, HTC launched the Exodus 1s at the Lightning Conference in Berlin on Oct. 19 and started...

Read More