Curate Bitcoin 10/03/2019 by dobobs

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 Trapped Below $8,500 as Bears Call for a Drop to $6K [cointelegraph.com]

f05669ef5c2984f8d71277a4f6c3a0ec
BTC/USD 4-Hour Chart. Source: TradingView | 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.

Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders. Even today there are still those that consider this a real possibility and perhaps it is. For the moment, Bitcoin appears to have stabilized and traders are hopeful that a strong move to $8,500 will occur over the coming days.

Bitcoin’s Small Bounce Struggles to See Continuation, Can The Bulls Hold the $8k Support? [zycrypto.com]

bitcoins-recent-small-bounce-struggles-to-see-continuation
BTCUSD Chart By TradingView

Bitcoin was able to see a decent bounce from $7750 all the way up to $8500, a 10% increase over 5 days, however, the bulls have been unable to see any kind of continuation afterward.
The daily chart is technically in an uptrend, a really weak one. The RSI is still overextended, currently at 28 points and the EMA’s are still far above the current price of $8162. The main mission for the bulls right now is to hold a higher low compared to $7710 and seek continuation.

New Bitcoin Trading Indicator Named After Iconic Trader Signals Buy [newsbtc.com]

A new technical analysis indicator has been launched that is named after an iconic trader who accurately predicted Bitcoin’s bottom over a year before it happened, due to his familiarity with parabolic assets retracing after an overly powerful rally.
The indicator in question gave a sell signal just before last week’s massive Bitcoin price crash, and it just gave a buy signal on the daily, suggesting a powerful reversal may be near.

Bitcoin Has Officially Entered A New Bullish Phase Says Analyst PlanB [thebitcoinnews.com]

As you might know, it’s getting more and more difficult to produce new Bitcoin because of increasing competition among miners. The phenomenon impacts the SF figure, which, according to PlanB, is the main driving force that pushes the Bitcoin price up.
PlanB focuses on the SF ratio to explain why Bitcoin prices went from pennies to the current $10k-ish figures.

Dow Swings 400 Points Because Awful Economy May Force Trump’s Hand [ccn.com]

dow-jones-djia-chart-oct3-1024x481
The Dow Jones recovered from more bad data on Thursday as rate cut expectations soared and Donald Trump announced a Chinese delegation was coming to the US for trade talks. | Source: Yahoo Finance

The Dow Jones recovered from a sharp 300-point plunge following the release of a troubling ISM Non-Manufacturing Index report to record a gain of nearly 100 points on Thursday.
Expectations for a Fed rate cut in October rose for the third straight day, helping boost the fragile stock market.
An additional push came from Donald Trump, who stepped in to announce a Chinese delegation was coming to the US for trade talks, bolstering risk sentiment.

Telegram to Launch Gram (GRM) Ahead of Facebook’s Libra [btcmanager.com]

Telegram, the privacy-centric instant messaging app has confirmed that its distributed ledger technology (DLT) network will be launched in late October 2019, as the testing phase has successfully been completed, according to a message in the official TON Board on Telegram on October 2, 2019.

Could DeFi Be The Next Google? [cryptobriefing.com]

screen-shot-2019-10-02-at-11.15.55
Source: DeFi Pulse

In the near future, decentralized finance (DeFi) may provide a whole host of financial services and products, which are currently inaccessible to the vast majority in the world’s population. Much as search engines rapidly made the internet indispensable to modern life, smart contracts could be on their way to becoming a cornerstone of modern finance.
DeFi smart contracts currently hold more than $500M in assets. That’s more than double the amount since the start of the year.

Mentions of Institutional Interest in Bitcoin Drop to 2019 Low [coin360.com]

eknqgap

Digital assets analytical agency the TIE has shared on Twitter research findings that indicate a drop in the number of mentions of institutional interest in Bitcoin in news headlines to the lowest point of 2019.
The agency has published a graph showing data from “over 85,000 unique publication headlines collected since October 2017”. In particular, mentions were analyzed by the search words “institutional”, “institution”, “institutions”.

Altcoin Price Prediction: LTC, BNB, XLM still in downtrend, but correction is on the way [u.today]

bnb_chart_rate
Image by Coinstats.app
  • BNB/USDT still suffers from the global altcoin downtrend
  • LTC/USDT meets the descending trendline
  • XLM/USDT takes a break before the next run
  • The altcoins market still suffers from the current downtrend. However, it looks attractive, as there are some signs of a possible reverse. A correction may start at least.

How are Bitcoin Price Movement and USDT Minting Are Correlated? TokenAnalyst Reveals [coingape.com]

During the year 2019, a total of $1.5 Billion worth of Tether was minted on both Omni(USDT Omni) and on Ethereum(USDT ERC20). A recent study by Token Analyst reveals the correlation between USDT minting and Bitcoin price movement.
The study reveals that on days when USDT ERC 20 is minted, 7 out of 10 times, Bitcoin price shows positive price trends. Similarly, on days when USDT Omni is minted, 5 out of 10 times the price of Bitcoin moves up.

New BTC Futures On The Way As Stone Ridge Asset Management Files Project With SEC [bitcoinexchangeguide.com]

Stone Ridge Asset Management recently filed with the U. S. Securities and Exchange Commission (SEC) to create its own Bitcoin futures product. According to the filing, this BTC futures fund will be settled in cash and known as the NYDIG Bitcoin Strategy Fund.
The company, which is based in New York, is far from a beginner. It has over $15 billion USD under its management and clients both in the U. S. and China. The company had a pretty successful path since its founding in 2012.
Now, the new BTC futures fund will have 100,000 shares which will be sold at $10 USD each. As there is no minimum limit for shares, people can buy just one or a couple if they want to.

Hackers Launch Widespread Botnet Attack on Crypto Wallets Using Cheap Russian Malware [coindesk.com]

The bargain Trojan malware is called MasterMana Botnet, which uses mass mailing to send phishing emails with attachments containing malicious code to crypto investors. Once someone clicks on the email, the code will create backdoors on their computer to empty their wallets, according to a recent research conducted by Prevailion.
“Based on what we’ve observed, the MasterMana Botnet had a global impact on organizations across a wide variety of verticals,” Danny Adamitis, intelligence director at Prevailion, told CoinDesk.
“We assess that the Botnet was interacting with approximately 2,000 machines a week, or 72,000 machines over the course of 2019, based on the snapshot we observed,” Adamitis said.

Libra Published The Project Roadmap [thecoinshark.net]

snimok-jekrana-2019-10-03-v-14.41.29
Source: Developers.libra.org

The Libra Association published its official roadmap, where they described the steps for developers to pass before launching the main network.
Based on the official document posted on the Libra Association website, it appears, they divided the project into four stages. On the first, partners must launch 5 nodes, on the second – 25, on the third – 75, on the fourth (final) – 100.

Craig Wright shares how Bitcoin can change the world at CoinGeek Seoul [coingeek.com]

The goal, according to Dr. Wright, is to have “a world where crime is incentivized to die.” He continued, “If you break in and steal a dollar, it will be worthwhile to have people hunt you down to get that money back. The audit trail will be there so that if they can recover your information, someone can act as a bounty hunter virtually and get it and there’s no way to remove that.”


[Event]

국내 첫 미디어 연합 블록체인 컨퍼런스 ‘KBW 2019’ 열린다 [blockpost]
kbw2019_website_10p-640x311

블록체인 기술과 산업에 전문성을 인정받는 미디어 5사가 공동으로 아시아 최대 규모 블록체인 컨퍼런스 ‘코리아블록체인위크 2019(KBW2019)’를 오는 9월 27일부터 10월 4일까지 개최한다.


국내 최대 블록체인 행사 ‘디파인’ 열린다…디센터 등 5개 미디어 주관 [decenter]
1vlwov7msg_2

9월30일부터 10월1일 양일간 그랜드 인터컨티넨탈 서울 퍄르나스에서 팩트블록의 ‘코리아블록체인위크(KBW) 2019’ 주간(9월27일~10월4일) 중 메인 행사로 열리는 디파인 컨퍼런스에는 국내외 주요 기업들과 블록체인 프로젝트들이 대거 참여할 예정이다.


[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.
광고

댓글 남기기

아래 항목을 채우거나 오른쪽 아이콘 중 하나를 클릭하여 로그 인 하세요:

WordPress.com 로고

WordPress.com의 계정을 사용하여 댓글을 남깁니다. 로그아웃 /  변경 )

Google photo

Google의 계정을 사용하여 댓글을 남깁니다. 로그아웃 /  변경 )

Twitter 사진

Twitter의 계정을 사용하여 댓글을 남깁니다. 로그아웃 /  변경 )

Facebook 사진

Facebook의 계정을 사용하여 댓글을 남깁니다. 로그아웃 /  변경 )

%s에 연결하는 중

WordPress.com 제공.

위로 ↑

%d 블로거가 이것을 좋아합니다: