Curate Bitcoin 02/13/2020 by dobobs
Curate Bitcoin 02/13/2020 by dobobs

By dobobs | dobobs | 14 Feb 2020


The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Latest Crypto Fear & Greed Index


The US Government’s Mixed Signals on Digital Currency Privacy [Updated Feb 13, 2020 at 20:46 UTC] [coindesk.com]


Bitcoin Price Loves Valentine’s Day as Historic Data Favors Bulls [cointelegraph.com]

Valentine’s Day return for Bitcoin, Ether and XRP since 2015 | The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Bitcoin (BTC) has reached a record-high price for the year, and as the run-up to $10,000 occurred, Weiss Crypto Rating updated the asset to an A-. Recent news has also hinted at the possibility of the crypto market making a new bull run, which some analysts believe could lead Bitcoin’s price to reach a new all-time high, as reported by Cointelegraph.

Meanwhile, altcoins have continued their multi-week surge, even outperforming Bitcoin’s cumulative returns since the start of the year and reconfirming the upward trend predicted by analysts.

$10K Bitcoin Prompts Influencers to Call a Bull Market [bitcoin.com]

Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback that followed, BTC investors and influencers have no issue believing that crypto is on the threshold of another bull market.

What’s Next for Bitcoin, Ethereum and XRP? Crypto Analyst Says One Metric Will Confirm New Bull Trend [dailyhodl.com]

Source: Scott Melker/Twitter

According to Melker, BTC must cross one more crucial level of resistance at $10,584 to confirm a trend reversal. BTC last touched that level back in October of 2019.

“Delete everything from your chart. There’s only one line that matters now. A break of this line would be the first macro higher high since the 14K top. Movement above and a flip to support would effectively end the ‘bear market’ argument. Higher high = confirmed bull trend.”

Historic Bitcoin Cycle Suggests No New All-Time High Until 2021 [newsbtc.com]

bitcoin bull bear cycle 2018 2019 2020

The time elapsed between the last cycle’s all-time high and it is revisited was roughly 1,135 days.

This time around, Bitcoin is only roughly 800 days through its current bear to bull cycle, suggesting that there’s potentially another year worth of price action before the leading crypto by market cap revisits $20,000.

The data also shows that Bitcoin’s current rally is overheated compared to the same point during the last cycle.

BITCOIN PRICE NEXT STOP IS $12K, MKM PARTNERS ANALYST CALLS [bitcoinist.com]

JC O’Hara, chief market technician at MKM Partners, told CNBC’s “Trading Nation” yesterday that cryptocurrencies tend to trade in two distinguishable phases. The first is the dormant consolidation phase, which is followed by a high-momentum phase. As of today, Bitcoin is fluctuating within the second one.

Is Libra Responsible for Bitcoin’s Latest Price Boost? [livebitcoinnews.com]

To be completely fair, it’s not necessarily Libra itself, but rather words regarding Libra that have led to bitcoin’s growth. Vijay Ayyar – head of business development at the popular crypto trading platform Luno – points to recent verbiage from Federal Reserve Chair Jerome Powell that hinted at the stamina and properties of cryptocurrencies.

Particularly, Powell refers to Libra as a “wake-up call” that the United States is not where it needs to be when it comes to crypto regulation. He also says that a national digital currency should (and could) come “fairly quickly,” and that working on such a project would do wonders for the infrastructure of the United States.

Whale Moves $43 Million USD Worth Of Bitcoin (BTC) From Xapo Exchange As Accumulation Period Sets In [coingape.com]

  • Whale moved over $43 million USD worth of Bitcoin (BTC) from Xapo Wallet on Wednesday.
  • The movement of such a large amount of BTC raised questions on whether BTC is in an accumulation period.
  • Could a possible spike to $14,000 USD be on the horizon?

Image: TradingView

Forget Bitcoin: Tezos, Algorand, Chiliz register 50%+ surge over the week [ambcrypto.com]

tezos.pngSource: XTZ/USD on TradingView

One of the crypto-assets which surprisingly broke into the top ten rankings is Tezos, an asset that hiked by almost 70 percent on 12 February. Its valuation surged from $2.14 to $3.63 as well and according to the latest Coin Metrics report, Tezos’ realized cap managed to cross Bitcoin’s realized cap in 2020 as well. In fact, Mati Greenspan, Founder of Quantum Economics, commented on XTZ’s surge as well, stating,

Algorand.pngSource: ALGO/USD on TradingView

Chiliz.pngSource: CHZ/USD on Trading View

Will Bitcoin Price Rejection At $10,400 Halt Emerging Altcoin Season [zycrypto.com]

A rejection at this position has seen the digital asset retrace to the $10,150 level. Predictably, this has seen some panic set in. Many investors believe that this is a sign the market is not ready and is yet to turn strongly bullish. For altcoins, a market panic could mean a price bloodbath with the coins taking the heavy beating.

LINK Has Reached An All-Time High Price [beincrypto.com]

On February 11, the LINK price broke out above a significant resistance area and reached an all-time high.....

Trump’s Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar [coindesk.com]

Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.

At her Senate confirmation hearing Thursday, Shelton said the U.S. needs fintech innovation to keep ahead of other countries.

IOTA Halts Network as It Investigates Trinity Wallet Attack [cryptobriefing.com]

IOTA has shut down its network in order to deal with an ongoing attack against its Trinity wallet, according to an announcement published on Thursday, Feb. 13.

It is not clear how long the network outage will last. When IOTA first announced the attack on Feb. 12, it merely advised users not to open or use the Trinity wallet. The fact that the team is suddenly taking more drastic action suggests that the issue may not be resolved quickly.

Circle Looks to Offload Crowdfunding Platform, Focus on USDC Stablecoin [btcmanager.com]

What was once a cryptocurrency trading behemoth has now gradually become a company focused on developing its stablecoin with a consortium of other companies. Circle, which oversaw almost $24 billion of cryptocurrency trade in 2018, has sold Poloniex and its OTC desk and is now looking to sell its crowdfunding platform, SeedInvest, as reported by The Block, February 13, 2020.

Dogecoin, Stellar Lumens, and VeChain Price Prediction in February 2020 [dstreet.io]

Today, we will be taking into account the historical prices and market forecasts in order to develop price predictions for Dogecoin, Stellar Lumens, and VeChain for February 2020.

Dogecoin NewsSource: coinnewsspan

Stellar NewsSource: https://www.cryptonewsz.com/

Stellar Price NewsSource: https://www.namecoinnews.com/


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