Curate Bitcoin 10/14/2019 by dobobs
Curate Bitcoin 10/14/2019 by dobobs

By dobobs | dobobs | 14 Oct 2019

$0.06 tipped


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.

Current Market Price @CryptoCompare


Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support [cointelegraph.com]

Bitcoin seven-day price chartBitcoin seven-day price chart. Source: Coin360 | 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.

Data from Coin360 showed the largest cryptocurrency fluctuating around $8,300 at press time, having made up some of the ground lost during the downturn. BTC/USD spent much of the weekend grinding upwards, reaching local highs of $8,460 before dramatically reversing to bottom out at $8,200 minutes later. Since then, a slow recovery has been underway, paring 50% of the losses.

Binance on its way to challenge BitMEX; who will reign over margin trading platform? [ambcrypto.com]

FotoJet.jpgIt is sufficiently clear that there is a huge disparity in statistics between Binance and/or BitMEX ,and their respective competitors.

On one hand, BitMEX has dominion over Bitcoin trading, especially with its famed and proprietary perpetual contract. Binance, on the other hand, rules as one of the top cryptocurrency exchanges in the world with respect to spot trading. Apart from being able to seize the opportunity, Binance has kept itself in the lead by implementing outlandish ideas. It has more than 500 cryptocurrencies listed on its platform. Out-of-the-box thinking has, in a way, kept Binance on the leaderboards.

UK Forex Giant Launches New Bitcoin Service as Brexit Fears Grow [newsbtc.com]

pound, gbp, bitcoin, brexitGBP/USD down 0.71% on Brexit Fears | Image credits: TradingView.com

The forex brokerage giant announced in a press release published on Monday that it is launching CryptoMajor. It is a basket that contains five popular cryptocurrencies – Bitcoin, Ether, XRP, Bitcoin Cash, and Litecoin – in equal proportions. CryptoMajor behaves as a single unit representing the combined value of the said assets. It means FXCM users would be able to collate and offload multiple cryptocurrencies at one go, without the need to manage each one of them independently.

Bitcoin Price Could Return to $7.7K Low, Veteran Analyst Predicts [thebitcoinnews.com]

BTC bulls are desperately clinging to the $8,400 level right now, but the last few days saw volumes falter once again. The rally back above $8,700 was brief and quickly retreated back into the lower range. The last time BTC moved closer to the psychological $8,000 support, analysts started predicting new possible lows.

Should We Fear The Bitcoin Death Cross? Plus, 0x Price Drivers [cryptobriefing.com]

Bitcoin death cross not important

BTC / USD around September 2015, by TradingView

Bitcoin sentiment predicts price

Long-term sentiment (line) vs. price (area)

Cryptocurrency markets are remaining fundamentally similar to last week’s landscape. Few movements were seen this weekend, and Monday so far is not proving to be an exception. As before, Bitcoin remains tightly range-bound, trading around the same $8,300 level of the previous week, while altcoin movements are mostly defined by project-specific news.

Bitcoin Price Analysis: BTC in a Period of Attempting to Form Three Tops [coinidol.com]

BTC Price, October 14, 2019

The Bitcoin price is consolidating at the bottom of the chart. The price action is forming a bearish flag from the bearish trend which is a continuation pattern. Now if the price rises to form another top but falls to break the lower channel, the downward move will continue along with the prevailing trend.

This bearish flag pattern will compel Bitcoin to fall and reach a low of $7,300 price level. Nevertheless, if the bulls break the upper channel and price is sustained above $9,000; then our bearish view will be invalidated.

Institutional Interest in Bitcoin Futures On A High Says ICE Executive [coingape.com]

In an interview with The Edge Markets, ICE Vice-President Jennifer Ilkiw said that a larger number of institutional investors are taking interest in trading Bitcoin Futures.
"We have a lot of high-frequency traders who are interested in it. There are also institutional fund managers and brokers calling us to say that they want to trade bitcoin futures,” 

Coinbase CEO Defends Facebook’s Libra After Pressure From U.S. Senators [usethebitcoin.com]

Brian Armstrong, the CEO of Coinbase, one of the largest cryptocurrency platforms in the world, defended Facebook’s Libra project.
In a recent tweet, he said that it is very un-American what U.S. senators are doing by pressing companies to leave the Libra Association.
“Do we want to have a centrally planned economy, or let 1,000 ideas be tried in a free market to see which ones breakthrough and deliver real value? Breakthroughs are by definition contrarian ideas, otherwise, they would have already been tried.”

Ripple CEO Believes XRP is Better for Payments than Bitcoin [coinspeaker.com]

Many people have always wondered what Ripple Labs CEO Brad Garlinghouse’s position on Bitcoin has been and what his motivations were for developing XRP. He revealed all this and more in crypto evangelist Anthony Pompliano’s Off the chain podcast. The podcast revealed quite a bit of detail about XRP and also showed the mindset of the cryptocurrency innovator.

SpaceX and Bitcoin Both Aiming for the Moon in Q1 2020 [altcoin.media]

bic_musk_tesla_spaceX_BTC-696x361.jpgThe first three months of next year could be huge for both SpaceX  — and, by inference, the price of Tesla stock — and Bitcoin. Both of them will be looking skywards in early 2020, with Elon Musk’s company teaming up with NASA for a first manned mission and Bitcoin’s mining reward getting cut in half.

It was announced that SpaceX’s new Crew Dragon astronaut capsule will be ready for its first manned flight into orbit in the first quarter of next year. It is a big step for SpaceX — a company that Musk has a 54 percent stake in — and it could spill over to boost Tesla’s stocks. More so, its timing could coincide with Bitcoin’s own predicted increase in value as it becomes 50 percent more scarce by May 2020.

Bitcoin, Ether, and XRP Weekly Market Update October 14, 2019 [btcmanager.com]

IMG_20191014_090018_328.jpgThe weekend of October 12-13 started with a small increase on Saturday and BTC regained its position at $8,300. On Sunday, October 13, it was trading in the wide-area between $8,480 -$8,137 and only managed to register a small loss to $8,277 closing the week with a 5 percent increase.

IMG_20191014_090022_541.jpg

On Friday, October 11, it fell further to $0.266. During the two weekend days, the coin avoided a drop to $0.26 and successfully moved first to $0.273 on Saturday, then to $0.277 on Sunday. It closed the week with an 8.6 percent increase.

The total crypto market cap added $11.3 billion to its value during the last seven days and now stands at around $225 billion. The top 10 currencies are all in green for the same time frame with Binance Coin (BNB) and Ripple’s XRP being the best performers with 20 and 11 percent of gains respectively. By the time of writing bitcoin (BTC) is trading at $8,345 while ether (ETH) dropped to $183. Ripple’s XRP moved up to $0.289

BITCOIN WEEKLY PRICE STAYS IN THE GREEN DESPITE TOUGH WEEK [bitcoinist.com]

The other negative news included a loss of trust in Facebook’s Libra, after eBay, VISA, MasterCard and others abandoned the Libra Association. Facebook’s Libra was a source of optimism for crypto coins in June and July, suggesting the potential for wider adoption. Right now, BTC hovers just below the $8,400 level with a marginal 2.97% weekly gain. However, despite a few days of relative stability, there are creeping fears beginning to emerge that prices may tank once again.

What the Future Holds for Crypto Derivatives [coindoo.com]

The cryptocurrencies market have never been stable, and yet, people still believe it can be the future of our economy. Little by little, businesses all around the world began accepting cryptocurrencies as a legit payment option, including various brick-and-mortar shops and gambling venues the likes of the Slotocash online casino.

Telegram Answers To Investors on SEC Accusations and May Delay Launch [coin360.com]

Two days after the breaking SEC announcement, Telegram developers contacted investors to share views on the matter. On Oct. 11, 2019, the SEC claimed that Telegram’s $1.7B offering was illegal, and the watchdog filed a complaint with the federal district court in Manhattan to halt the Gram token offering. On Oct. 13, the developers wrote a letter to investors assuring that they were “continuing to evaluate the best means by which to resolve the situation in the interests of relevant parties”. The developers do not rule out the possibility that the launch date may be delayed.

 


[광고]

unnamed

COINNESS, 빠르고 정확한 24시간 블록체인 뉴스, 그리고 투자정보

maxresdefault

The best Place to Get Started with Crypto

robinhood-app

Robinhood: Commission Free Stock Trading; Invest, Buy, Trade

robinhood-app

비트코인, BNB와 다른 수백가지 암호화폐를 몇 분 만에 거래하세요.

maxresdefault

Invest smart. Get crypto cash backs. Grow your future.


dobobs
dobobs

I like it.


dobobs
dobobs

Curate Korean Startup. Update blockchain news and story. Cover latest trend

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.