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Another Day Another New Low For Crypto Markets

newsbtc | 12-15-2018

FOMO Moments Crypto markets dump to new lows again; Bitcoin Cash, SV, nearly dead, Litecoin surviving. As predicted yesterday crypto markets have dumped to a new low during intraday trading. A minor recovery during the week could not be sustained and total market capitalization has fallen to a new low of $101 billion a few...The post Another Day Another New Low For Crypto Markets appeared first on NewsBTC.

Categories: Market|BTC|LTC|Trading
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The Crypto Markets May be in a Rout, But the Blockchain Job Market is in Full Swing

newsbtc | 12-14-2018

Although the crypto markets are caught in a persisting bear market, blockchain jobs are in a raging bull market, with blockchain developer job growth topping this year’s LinkedIn Emerging Jobs Report. The report, which was released by LinkedIn on December 13th, analyzes the fastest growing jobs in the US, and notes that the blockchain industry...The post The Crypto Markets May be in a Rout, But the Blockchain Job Market is in Full Swing appeared first on NewsBTC.

Categories: Market|Blockchain|Trading|BTC
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Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead”

newsbtc | 12-14-2018

One of the youngest cryptocurrency success stories has a rather bleak outlook for the leading digital asset, Bitcoin. Erik Finman became a millionaire in his teens by investing money that his grandmother had gifted him, starting as early as 2011. At the height of the Bitcoin bull market of 2017, Finman’s stack was worth an...The post Teen Bitcoin Millionaire: “Bitcoin is Pretty Much Dead” appeared first on NewsBTC.

Categories: BTC|ETH|LTC|Market|Trading
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Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt

newsbtc | 12-14-2018

Bakkt CEO, Kelly Loeffler, and the Intercontinental Exchange chairman, Jeff Sprecher, recently spoke to MIT Media Lab’s Michael Casey at CoinDesk’s Consensus: Invest Conference. The chat was broadcast via the “Inside the ICE House” podcast earlier today. The two CEO’s talked in depth about their plans for the much-anticipated Bakkt platform, including what makes it...The post Bakkt and Intercontinental Exchange CEOs Weigh in About Bakkt appeared first on NewsBTC.

Categories: Exchange|BTC
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Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge

newsbtc | 12-14-2018

Following its recent period of instability, Bitcoin has now plunged to new 2018 lows and has sent the altcoin markets spiraling downwards. Today’s drop has led the overall cryptocurrency market capitalization down to $102 billion, a level not seen since August of 2017. At the time of writing, Bitcoin (BTC) is trading down nearly 6%...The post Bitcoin Sets Fresh 2018 Low at $3,200, Altcoins Plunge appeared first on NewsBTC.

Categories: BTC|Altcoin|Market|XRP|Trading
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CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality

newsbtc | 12-14-2018

Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money. However, the very technology powering crypto...The post CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality appeared first on NewsBTC.

Categories: Asia|BTC|Technology
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Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure

newsbtc | 12-14-2018

Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in the first place. The Securities and Exchange Commission (SEC) has gone after these startups for reportedly violating existing securities laws. The...The post Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure appeared first on NewsBTC.

Categories: ICO|Regulation|Trading|Exchange|Blockchain
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CEO: Crypto Plunge is Healthy, Bitcoin Remains a Great Investment

newsbtc | 12-14-2018

Since the bear market hit the crypto ecosystem head-on, investors exposed to this helter-skelter asset class have been deterred at large. Not only have the value of cryptocurrencies, such as Bitcoin (BTC), declined drastically, but hype and interest surrounding this market have largely been exhausted. Nevertheless, there remain many libertarian-leaning zealots that will hold on to...The post CEO: Crypto Plunge is Healthy, Bitcoin Remains a Great Investment appeared first on NewsBTC.

Categories: BTC|Market|Trading|Business
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Amun’s Crypto ETP Volume Spikes: Sign Of Bitcoin Accumulation?

newsbtc | 12-14-2018

Just weeks ago, as Bitcoin (BTC) walked the fine line between a breakout and lower lows, Amun, a London-based fintech firm, suddenly divulged that it was slated to launch its “HODL5″ exchange-traded product (ETP) on Switzerland’s SIX exchange. Amun’s announcement instantaneously garnered attention from the bulk of the cryptosphere’s eyes and ears, with everyone and...The post Amun’s Crypto ETP Volume Spikes: Sign Of Bitcoin Accumulation? appeared first on NewsBTC.

Categories: BTC|Exchange
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Crypto and Blockchain Smartphones Will be The Next Big Thing

newsbtc | 12-14-2018

This week the crypto-sphere has been awash with talk about Samsung and its next generation flagship phone coming loaded with crypto goodies. While the company itself has dismissed the story according to reports, rivals are shipping out products that will no doubt keep Samsung on its toes. Samsung Rumors Aplenty The hype was instigated by...The post Crypto and Blockchain Smartphones Will be The Next Big Thing appeared first on NewsBTC.

Categories: Blockchain|Technology
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Cryptocurrency Market Update: The Friday Dump is Getting Tedious

newsbtc | 12-14-2018

FOMO Moments Cryptocurrency markets in predictable pain as the week ends; Bitcoin Cash, SV, getting killed, Stellar not far behind. As if scripted by some kind of delirious director, crypto markets are dumping again this Friday. The same thing happened last Friday and the one before that and the end of week selloff is getting...The post Cryptocurrency Market Update: The Friday Dump is Getting Tedious appeared first on NewsBTC.

Categories: Market|BTC
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Bitcoin Back at 2018 Low, Price Halved in a Month

newsbtc | 12-14-2018

A few hours ago Bitcoin revisited its lowest level in 2018. After a week of down trending and failure to break key resistance levels this latest plunge comes as no surprise. Bitcoin Revisits 2018 Low With a 5% slide Bitcoin dumped from $3,450 down to $3,284 during intraday trading. This repeats the yearly low it...The post Bitcoin Back at 2018 Low, Price Halved in a Month appeared first on NewsBTC.

Categories: BTC|Trading
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Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3,000

newsbtc | 12-14-2018

Key Points Bitcoin price declined further and broke the $3,295 and $3,200 supports against the US Dollar. There was a break below a major contracting triangle with support at $3,355 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price traded to a new weekly low at $3,150 and it is...The post Bitcoin Price Watch: BTC Sellers Target Breakdown Below $3,000 appeared first on NewsBTC.

Categories: BTC|Trading|Market|Fiat
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Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis

newsbtc | 12-14-2018

Key Points The total crypto market cap failed to gain pace and declined below $100.00B. Stellar (XLM) price declined more than 6% and broke the $0.120 support. Bitcoin cash price fell sharply by around 10% and broke the $90 support. Tron (TRX) is still stuck above the $0.0130 support level. Cardano (ADA) price declined once...The post Crypto Market Update: Stellar (XLM), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Categories: Market|Trading|ADA|BTC|TRX
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Ripple Price Analysis: Break Below $0.2900 Could Speed Up XRP Losses

newsbtc | 12-14-2018

Key Highlights Ripple price seems to be struggling to clear the $0.3100 resistance area against the US dollar. There is a key bearish trend line formed with resistance at $0.3025 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline heavily if there is a break below the $0.2900...The post Ripple Price Analysis: Break Below $0.2900 Could Speed Up XRP Losses appeared first on NewsBTC.

Categories: XRP|Trading|Market|Fiat
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Ethereum Price Analysis: ETH Could Extend Losses Below $80

newsbtc | 12-14-2018

Key Highlights ETH price failed to recover above the $90 resistance and declined recently against the US Dollar. There is a new connecting bearish trend line formed with resistance at $89 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to decline further below the $83 and $80 support levels...The post Ethereum Price Analysis: ETH Could Extend Losses Below $80 appeared first on NewsBTC.

Categories: ETH|Trading|Market|Fiat
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Crypto Friendly Revolut Granted European Banking License

newsbtc | 12-13-2018

Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services. Revolut features an in-app exchange that allows users to gain exposure to five cryptocurrencies, including Bitcoin, Bitcoin Cash,...The post Crypto Friendly Revolut Granted European Banking License appeared first on NewsBTC.

Categories: BTC|Exchange
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Bitcoin Extortionists Turn From Blackmail to Bomb Threats

newsbtc | 12-13-2018

Dozens of U.S. businesses, public buildings, and more have been evacuated in response to a string of bomb threats currently sweeping the nation. The person or persons making the threats, are demanding a sum of Bitcoin be sent to a wallet address, or are threatening to detonate a bomb, potentially harming many in the process....The post Bitcoin Extortionists Turn From Blackmail to Bomb Threats appeared first on NewsBTC.

Categories: BTC
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Bitcoin Falls Below $3,500, Analyst Claims Likelihood of a Bounce is Diminishing

newsbtc | 12-13-2018

Bitcoin has been unable to stabilize above $3,500 which has led to a widespread sell-off that has sent most cryptocurrencies down 2% or more. Despite today’s drop, many altcoins have been able to maintain their recently established levels of support. At the time of writing, Bitcoin is trading down 1.8% at its current price of...The post Bitcoin Falls Below $3,500, Analyst Claims Likelihood of a Bounce is Diminishing appeared first on NewsBTC.

Categories: BTC|Trading|ETH|Altcoin
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Tom Lee Declines to Update Year-End Bitcoin Price Forecast

newsbtc | 12-13-2018

Outspoken Bitcoin bull Tom Lee is one of the cryptocurrency’s biggest cheerleaders, and has made a number of lofty price predictions that have unfortunately fallen short. With the price of Bitcoin hitting new one-year lows after the break of critical support at $6,000, Lee is now saying that Bitcoin is currently extremely undervalued, by as...The post Tom Lee Declines to Update Year-End Bitcoin Price Forecast appeared first on NewsBTC.

Categories: BTC|Trading
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Major Crypto Exchange Kraken Values Itself at $8B: is it Too Much?

newsbtc | 12-13-2018

Amid a multi-month bear market in crypto land, this industry’s leading startups have still shot for the stars. Case in point, leaked documents indicate that a distinguished crypto exchange, Kraken, is seeking to be valued at a jaw-dropping sum, which may place the platform among the ranks of Earth’s foremost startups. While the firm’s appetite...The post Major Crypto Exchange Kraken Values Itself at $8B: is it Too Much? appeared first on NewsBTC.

Categories: Exchange|BTC|Market|Trading
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Sign Of The Times: Basis Shutters $133M Crypto Project Due To Regulation

newsbtc | 12-13-2018

Although crypto startups have been capitulating en-masse due to financial restraints, a direct byproduct of Bitcoin’s rapid drawdown in value, reports indicate that a promising stablecoin venture has folded due to regulatory qualms. $133M Crypto Project Folds Due To “Regulatory Headwinds” In recent months, stablecoins, cryptocurrencies tied to an asset deemed “stable” (ex. U.S. dollar,...The post Sign Of The Times: Basis Shutters $133M Crypto Project Due To Regulation appeared first on NewsBTC.

Categories: Regulation|Asia
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Crypto Users Double Amid Market Meltdown, a Sign of Recovery?

newsbtc | 12-13-2018

This year has undoubtedly been the worse one for cryptocurrencies in terms of prices but it is not all doom and gloom as adoption is growing as actual usage of cryptos is on the up. Double The Users in 2018 With a dump of around 87% since January, crypto markets are on the floor showing...The post Crypto Users Double Amid Market Meltdown, a Sign of Recovery? appeared first on NewsBTC.

Categories: Market
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Ripple Exec: Crypto Technology Needs Improvement Before Adoption

newsbtc | 12-13-2018

This year’s bear market has seen most of the top cryptocurrencies hemorrhage over 80% as they plummet from those lofty heights made almost a year ago. Some have fared better than others and Ripple’s XRP token has been one of them. Crypto technology, however, is still in need of vast improvement, at least according to...The post Ripple Exec: Crypto Technology Needs Improvement Before Adoption appeared first on NewsBTC.

Categories: XRP|Technology|Market|ICO|Trading
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Crypto Market Update: Tezos Gets Huobi Listing, EOS Flips Bitcoin Cash

newsbtc | 12-13-2018

FOMO Moments Crypto markets are still in decline; Bitcoin Cash, SV, still dropping, Tezos bounces back. Crypto markets are still on the floor today as there has been no sign of even a minor recovery. The bears have kept the pressure on and prices are still sinking as total market capitalization continues to fall below...The post Crypto Market Update: Tezos Gets Huobi Listing, EOS Flips Bitcoin Cash appeared first on NewsBTC.

Categories: Market|BTC|XTZ
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Bitcoin Price Watch: BTC Sellers Targets Fresh Weekly Lows

newsbtc | 12-13-2018

Key Points Bitcoin price failed to break the $3,475 and $3,485 resistance levels and declined against the US Dollar. There was a break below an ascending channel with support at $3,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may continue to move down towards $3,255 or it could...The post Bitcoin Price Watch: BTC Sellers Targets Fresh Weekly Lows appeared first on NewsBTC.

Categories: BTC|Trading|Market|Fiat
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Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis

newsbtc | 12-13-2018

Key Points The total crypto market cap broke the key resistance level near $105.00B. EOS price is up around 3%, but it is still trading below the $2.00 resistance. Bitcoin cash price is currently consolidating just below the $100 resistance area. Tron (TRX) remained confined in a tight range above the $0.0130 support. Cardano (ADA)...The post Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Categories: Market|Trading|ADA|BTC|TRX
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Ripple Price Analysis: Risk of Bounce Grows In XRP Above $0.3100

newsbtc | 12-13-2018

Key Highlights Ripple price traded higher recently above the $0.3060 resistance against the US dollar. This week’s important bearish trend line was breached with resistance at $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to climb higher above the $0.3090 and $0.3100 resistances in the near...The post Ripple Price Analysis: Risk of Bounce Grows In XRP Above $0.3100 appeared first on NewsBTC.

Categories: XRP|Trading|Market|Fiat
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Ethereum Price Analysis: ETH at Potentially Significant Turning Point

newsbtc | 12-13-2018

Key Highlights ETH price remained in a bearish zone and it is currently trading below $90 against the US Dollar. This week’s followed important bearish trend line is active with resistance at $90 on the hourly chart of ETH/USD (data feed via Kraken). The pair may decline in the short term towards the $85 level...The post Ethereum Price Analysis: ETH at Potentially Significant Turning Point appeared first on NewsBTC.

Categories: ETH|Trading|Market|Fiat
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Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs

newsbtc | 12-12-2018

Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine. Razer Releases Cryptocurrency Mining Software Called SoftMiner The new program, called SoftMiner, allows...The post Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs appeared first on NewsBTC.

Categories: Mining|Technology
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Square’s Crypto-Friendly Cash App is the Most Downloaded Financial Application on Play Store

newsbtc | 12-12-2018

Just days after been named the hottest download on the iOS application store, Square’s cryptocurrency-friendly Cash App has risen to the top of another chart. This time it has been named as the most downloaded financial application on the other leading operating system’s app store, Google Play. Although obviously quite impressive in its own right...The post Square’s Crypto-Friendly Cash App is the Most Downloaded Financial Application on Play Store appeared first on NewsBTC.

Categories: BTC
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Bitcoin Climbs to $3,500, Analyst Claims There is Nothing Unique About the Crypto Bubble

newsbtc | 12-12-2018

Bitcoin was able to bounce after yesterday’s downturn, leading the entire cryptocurrency market to trade up. The latest move up may validate the support levels that multiple cryptocurrencies respected yesterday as mid-term bottoms. At the time of writing, Bitcoin is trading up nearly 3% at its current price of just over $3,500. Bitcoin appears to have established...The post Bitcoin Climbs to $3,500, Analyst Claims There is Nothing Unique About the Crypto Bubble appeared first on NewsBTC.

Categories: BTC|Trading|ETH|XRP|Market
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Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker

newsbtc | 12-12-2018

Another major cryptocurrency exchange has announced that they deem recent the recently created Bitcoin ABC to be the true Bitcoin Cash. Hong Kong-based OKEx will relist the digital currency under the original Bitcoin Cash ticker, BCH. The announcement is the latest example of a large trading venue deciding similarly. Previously, both Winklevoss twins-founded Gemini and Coinbase...The post Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker appeared first on NewsBTC.

Categories: BTC|Exchange|Asia|Trading
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Only 4 Crypto Exchanges Have 100,000+ Active Users

newsbtc | 12-12-2018

With crypto still being years away from being widely adopted by the mainstream public, most of the market’s activity is driven by speculators and traders seeking to leverage the wild price swings and volatility in order to turn a profit. However, new research data shows that the actual active users on top cryptocurrency exchanges is...The post Only 4 Crypto Exchanges Have 100,000+ Active Users appeared first on NewsBTC.

Categories: Exchange|Trading|Business
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Billionaire Mike Novogratz Says Crypto ICO Market is Pretty Much Dead Now

newsbtc | 12-12-2018

Today, the initial coin offering (ICO) market has pain written all over it. A once-popular mechanism, used by blockchain startups to raise funds using crypto to develop their products, lured speculators into investing billions of dollars for their native tokens. However, a majority of these startups either turned out to be scams or purely incompetent...The post Billionaire Mike Novogratz Says Crypto ICO Market is Pretty Much Dead Now appeared first on NewsBTC.

Categories: ICO|Market|Blockchain
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Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market

newsbtc | 12-12-2018

Currently, when crypto believers generalize every Wall Street banker to be a Bitcoin critic, a celebrated hedge fund manager and former Goldman Sachs executive changed his perception. Mike Novogratz is a now a name beyond the mainstream finance, and perhaps among the only consistent voices speaking in favor of bitcoin even after its 80 percent-plus...The post Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market appeared first on NewsBTC.

Categories: BTC|Market|Trading
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Interview: Stephen Innes Says Crypto, Bitcoin to “Grind Higher” Over Next Decade

newsbtc | 12-12-2018

Just two weeks ago, “cross-asset trader” Stephen Innes, head of Pacific-Asia trading at Oanda, took to Bloomberg TV to convey his thoughts on late-2018’s crypto market tumult. After his short guest appearance on the network, he was quickly classified as a Bitcoin (BTC) bear, due to his expectation that the popular digital asset could fall below $2,500. Yet, through...The post Interview: Stephen Innes Says Crypto, Bitcoin to “Grind Higher” Over Next Decade appeared first on NewsBTC.

Categories: BTC|Market|Trading
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Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed”

newsbtc | 12-12-2018

Although Bitcoin (BTC) has experienced an unquestionably dismal 2018, with BTC losing 80% of its value since its year-to-date high, there are still a number of skeptics hell-bent at putting the crypto industry six feet under. Case in point, the chief of a world-renowned financial institution, set in its traditionalistic ways, recently lambasted this nascent...The post Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed” appeared first on NewsBTC.

Categories: BTC|Regulation
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Bitcoin Dominance Grows to Three Month High as Altcoins Falter

newsbtc | 12-12-2018

There have been no winners in crypto land this year, everything has been battered. Some have fared better that others, however, and Bitcoin remains on top of the pile despite having lost half its value over the past month or so. Highest Dominance For Three Months Bitcoin dominance has made it to a three month...The post Bitcoin Dominance Grows to Three Month High as Altcoins Falter appeared first on NewsBTC.

Categories: BTC|Altcoin
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South Korean Crypto Exchange Launches Ripple Powered Remittance Service

newsbtc | 12-12-2018

South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone. ‘Cross’ For Faster and Cheaper Cross Border Remittances The service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange. The service aims to...The post South Korean Crypto Exchange Launches Ripple Powered Remittance Service appeared first on NewsBTC.

Categories: XRP|Exchange|Blockchain|Business
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Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

newsbtc | 12-12-2018

FOMO Moments Crypto markets are still falling; Bitcoin SV, Stellar, and Iota in pain, Binance Coin staying afloat. The bears are still exerting their control over crypto markets as the downward slide continues. Total market capitalization has dropped back below $110 billion and is heading back towards a new yearly low. Bitcoin has failed to...The post Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion appeared first on NewsBTC.

Categories: Market|BTC|Trading|Exchange
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Bitcoin Price Watch: BTC Hesitates, But Further Losses Seem Likely

newsbtc | 12-12-2018

Key Points Bitcoin price remains in a bearish zone below the $3,400 and $3,500 resistances against the US Dollar. This week’s followed key bearish trend line is in place with resistance at $3,440 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains at a risk of more losses if...The post Bitcoin Price Watch: BTC Hesitates, But Further Losses Seem Likely appeared first on NewsBTC.

Categories: BTC|Trading|Market|Fiat
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Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

newsbtc | 12-12-2018

Key Points The total crypto market cap extended declines and tested the $102.00B level. Litecoin (LTC) price is struggling below the $30 resistance, with a bearish angle. Bitcoin cash price is currently consolidating near the $100 level. Tron (TRX) is currently flat near the $0.0132 level, with range moves. Cardano (ADA) price declined below the...The post Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis appeared first on NewsBTC.

Categories: LTC|Trading|ADA|Market|BTC
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Ripple Price Analysis: Break Above 100 SMA Could Push XRP Higher

newsbtc | 12-12-2018

Key Highlights Ripple price declined recently and traded towards the $0.2910 level against the US dollar. This week’s followed major bearish trend line is in place with resistance at $0.2975 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must break the $0.3000 resistance and the 100 hourly simple moving...The post Ripple Price Analysis: Break Above 100 SMA Could Push XRP Higher appeared first on NewsBTC.

Categories: XRP|Trading|Market|Fiat
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Ethereum Price Analysis: ETH Breaks Key Support, More Losses Likely

newsbtc | 12-12-2018

Key Highlights ETH price failed to hold the key $88 support and declined recently against the US Dollar. Yesterday’s highlighted major contracting triangle was breached with support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to decline further and upsides remain capped near the $90 and $92...The post Ethereum Price Analysis: ETH Breaks Key Support, More Losses Likely appeared first on NewsBTC.

Categories: ETH|Trading|Market|Fiat
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ICO Funding Continues to Plummet Amidst Crypto Bear Market

newsbtc | 12-11-2018

The latest statistics regarding ICO funding in recent months shows that investors continue to turn away from investing in ICO projects amidst the persisting crypto bear market. The statistics, which were reported in the latest issue of the Diar digital asset newsletter, show that ICO fundraising in November plummeted to the lowest level of 2018. The...The post ICO Funding Continues to Plummet Amidst Crypto Bear Market appeared first on NewsBTC.

Categories: ICO|Market|Trading|BTC|Business
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UNICEF Adds Six Blockchain Startups From Developing Nations to its Innovation Fund

newsbtc | 12-11-2018

International children’s charity UNICEF has announced that it will formally support a total of six new blockchain startups through the UNICEF Innovation Fund. As part of the programme, the firms will each receive a share of $100,000 in funding. Most of the blockchain startups selected for membership in the fund are from a different developing...The post UNICEF Adds Six Blockchain Startups From Developing Nations to its Innovation Fund appeared first on NewsBTC.

Categories: Blockchain
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Bitcoin Moves Lower as Short Positions Continue to Stack Up

newsbtc | 12-11-2018

Bitcoin’s current instability is shaking investors’ confidence in a potential relief rally, as the short positions against Bitcoin are climbing as long positions continue to drop. Bitcoin moved slightly lower on Tuesday morning, leading the majority of altcoins to also drop. Currently, the overall cryptocurrency market is sitting at just over $107 billion, and one...The post Bitcoin Moves Lower as Short Positions Continue to Stack Up appeared first on NewsBTC.

Categories: BTC|ETH|XRP|Market|Trading
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Is Bitcoin Heading for $3,000? Potential Factors for a Market Recovery

newsbtc | 12-11-2018

After watching the price of Bitcoin going through its roughest month for seven whole years, many in the space appear to be bracing themselves for a more brutal “crypto winter” than they ever thought possible. One market analyst believes that we could be about to drop further to a new yearly low of $3,000. That...The post Is Bitcoin Heading for $3,000? Potential Factors for a Market Recovery appeared first on NewsBTC.

Categories: BTC|Market|Trading
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Gemini Launches Mobile App, Says Crypto Is Here to Stay

newsbtc | 12-11-2018

The Winklevoss twins-owned Gemini crypto exchange is using the current bear market to “build,” and has launched its official mobile app for iOS and Android smartphones. While a battle rages between Coinbase and Jack Dorsey’s Square Cash app for the top spot on the Apple App Store for iOS, a new contender has thrown their...The post Gemini Launches Mobile App, Says Crypto Is Here to Stay appeared first on NewsBTC.

Categories: BTC|Exchange|Market|Trading