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...

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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...

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How to Trade Crypto in Person Safely
Oct19

How to Trade Crypto in Person Safely

With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many of the problems plaguing mainstream exchanges currently. The goal of this breakdown is to provide a few best practices for safety and success when...

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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...

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“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...

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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...

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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...

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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...

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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...

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Bitcoin Cash Roundup: Adoption Stories and New Developments
Oct19

Bitcoin Cash Roundup: Adoption Stories and New Developments

Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum Name Service Adds Infrastructure for Multi-Currency Support Bitcoin Cash Adoption and Announcements The last few weeks have seen a variety of new...

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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:...

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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...

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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...

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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...

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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,...

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