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
Altcoins See Mild Gains While Bitcoin Hovers Around $8,100 [cointelegraph.com]
Bitcoin 24-hour price chart. | Ether seven-day price chart. | XRP 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.
The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump from $8,400 to $8,100.
Death Cross Could Mean Impending Doom For Bitcoin [altcoin.media]
There have been three bearish crosses between the 40 and 200-day MA hitherto. The price acted in a different way each time. The 200-day MA was a slightly better predictor of the direction of the trend, since besides the two fake-outs after the 2018 cross, it correctly indicated the direction of the trend. So, while the MAs and their relationship with themselves and the price can be instrumental in determining the direction of the trend, their predictions are not always correct. For more accurate results, they should be used in combination with other indicators and trading patterns.
In the long term, I think that Bitcoin within the next five years will be worth more than $200,000 with a very high degree of certainty. This is based on the momentum we’ve had for the past 10 years. I think $200,000 is even a conservative number. Furthermore, in the end-game scenario for Bitcoin, I believe that Bitcoin can reach millions of dollars per Bitcoin. This is because I believe that Bitcoin is the best form of money that has ever existed, and there is currently almost $100 trillion dollars of value locked up in really bad fiat currencies. Bitcoin will eventually dominate that currency market.
Bitcoin Twitter Mentions Hit Lowest Point in Four Years. Does It Matter? [u.today]
According to data provided by bitinfocharts.com, Bitcoin-related tweets have plunged to their lowest level since the site began tracking them.
While some might suggest that Twitter is simply cracking down on annoying spam bots, the popular social media can actually gauge the coin’s short-term relevance.
Dow Edges Higher After Mixed Jobs Report Cements Fed Rate Cut Odds [blockmedia]
The Dow prepared to close the week firmly in negative territory, even though a mixed jobs report empowered the stock market to crawl to a moderate recovery for a second straight day. Nonfarm payrolls missed estimates for September, but upward revisions to the previous two months helped bring the unemployment rate down to a five-decade low. Absent a jobs report bombshell, Wall Street remains incredibly confident that the Federal Reserve will cut interest rates by another 0.25% at the bank’s policy meeting this month. The S&P 500 added 15.78 points or 0.54% to climb to 2,926.41. All 11 primary sectors reported gains, led by technology (+0.86%). The Nasdaq jumped 44.49 points or 0.57% to 7,916.75.
Crypto Update: Coins Avoid Breakdown Again But Bears Remain In Control [hacked.com]
BTC remains relatively weak from a technical perspective, and the coin dipped below the key $8,200 level today after failing to recapture the $8,400 level in a durable fashion. While the coin managed to bounce back above the former support/resistance level, it remains well below $8,400, and as the short-term momentum indicators are now in neutral territory, a move below last week’s low could soon be ahead.
The coin is still on clear sell signals on both time-frames in our trend model, with further support zones found near $7,600 and $7,800, and with resistance zones now ahead near $8,400, $9,200, and $10,000.
A Medium-Term Bear Trend Looks to Take Bitcoin’s Price Below $7,000 [blockmedia]
Bitcoin, the most valued cryptocurrency, hasn’t been performing well recently. It’s evident from the charts that since the crypto asset had hit a YTD high, some time at the end of June, its been on a slow and steady fall since then. Among many factors, Bakkt’s failure to deliver as expected has been one of the reasons bitcoin’s value has continued to fall.
Chart Analysis: Bitcoin, Ethereum and Credits for October [newsbtc.com]
After the middle of the month, the price may rebound from the support level of the descending channel and return to the area of $8900-9300, where there is a strong resistance. Also, the other day, the level of 8200 was traded and once again protected. The common mood is to fall, and we know that often the market goes against the majority. A lot of people are in shorts and this is an excellent point for growth (their stops and liquidation of positions, as was the case recently with longsters)
Bitcoin May Be Headed for a Stronger Price Bounce [coindesk.com]
- Bitcoin’s moving average convergence divergence (MACD) histogram is charting higher lows, indicating seller exhaustion. Other indicators are also reporting oversold conditions.
- A falling channel on the hourly chart may end with a bullish breakout and fuel a rally to $8,800. On the way higher, BTC may encounter resistance at $8,500 (200-day average).
- The case for a stronger corrective bounce would weaken if prices find acceptance below $8,000.
Vanguard Tests Blockchain to Disrupt $6 Trillion Currency Market [coin360.com]
US-based Investment advisor group Vanguard is testing a blockchain platform that will allow the trading of currencies without the involvement of big investment banks, reported Bloomberg, citing a source familiar with the matter.
With the cost-saving benefits, Vanguard aims to disrupt the $6 trillion a day currency market that banks such as JPMorgan Chase & Co. and Deutsche Bank AG have “ruled for decades”. Former senior currency trader at Deutsche Bank Campbell Adams highlighted that for disruption, the platform will have to reach “a critical mass of users”.
Brave Proposes Crypto-Fueled Fully Decentralized VPN [cryptoglobe.com]
Open source web browser Brave has proposed a new Virtual Private Network (VPN) system that would rely upon decentralization and cryptocurrency to give users added anonymity.
Brave, the group behind the BAT token, has proposed the development of a fully decentralized VPN (dVPN), which will allow users to interact online while obscuring their identity. VPNs typically function by altering the geographic location of the user, creating a private network tunnel through which web traffic is directed.
Apple’s Tim Cook Says ‘No’ to Libra-Style Corporate Currency [cryptoglobe.com]
Apple, it appears, will not be going down the Facebook route and launching its own cryptocurrency – at least while Tim Cook remains at the helm of the iPhone manufacturer.
Cook, who took over as chief executive of the mega-cap tech firm in 2011, said in an interview published by Les Echos on Friday that he was a firm believer that money should remain in the hands of states and was not comfortable with the idea that a private company should create a competing currency.
A new type of banking Trojan is rampant in the Latin American region that may steal your cryptocurrency assets. ESET, a Slovakian based antivirus company, announced on Oct. 2 a new virus, Casbaneiro, also referred to as Metamorfo, is attacking banking services and personal cryptocurrency wallets. According to a blog post by ESET, the Trojan uses “social engineering methods” whereby fake pop-up windows appear and trick the user into entering personal or sensitive information which is used to access financial accounts – fiat and crypto.
In an appearance on Bloomberg, crypto visionary Rune Christensen has exposed mainstream viewers to key concepts about decentralized finance and how it actually works.
The founder of MakerDAO begins by explaining the key to making cryptocurrencies relevant for the masses: stability. Such stability will allow cryptocurrencies to become entrenched in everyday transactions without people fearing that they’ll lose all their money in the blink of an eye.
[Event]
국내 첫 미디어 연합 블록체인 컨퍼런스 ‘KBW 2019’ 열린다 [blockpost]
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]
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]
無所有 
댓글 남기기