Curate Bitcoin 11/19/2019 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


Willy Woo: $8K Bearish Bitcoin Price in ‘Unique Setup’ Before Halving [cointelegraph.com]

Bitcoin daily price chart
Bitcoin daily 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 BTC/USD bounce off lows of $8,077 on Tuesday, having spent the time since the weekend eroding previous gains. On Monday, a sudden dip took the pair below $8,100 for the first time since late October, with price action fluctuating around that level since. At press time, a slight reversal had taken Bitcoin back to $8,150, with daily losses still at 3.7% and weekly losses totaling almost 7%.

Time to Rally? Institutional Bitcoin Price Charts Signal Buy [newsbtc.com]

On the 4-hour chart, as soon as the TD9 buy triggered, Bitcoin price rose from support at $8,000 to as much as $8,180 and could be the start of a stronger bounce ahead.

Bitcoin price has been steadily falling following a powerful, historic surge that caused the crypto asset to explode from lows around $7,300 to as much as $10,500 in two daily candles. The resulting string of red candles and downtrend has caused an important indicator to signal a buy on the price charts of two separate institutional Bitcoin products, suggesting that a strong bounce may be near.

Peter Schiff Is Predicting Another BTC Crash [livebitcoinnews.com]

Euro Pacific Capital CEO Peter Schiff seems to think that bitcoin is likely to crash soon thanks to the downfall of marijuana stocks. Schiff explained his bearish sentiment in a tweet, writing:

Many of the speculators who were buying pot stocks were also buying #bitcoin. With heavy losses in the former, perhaps they will look to realize some gains on the latter or mitigate their losses before the bottom drops out of the crypto market, too.

Galaxy Digital Launches Bitcoin Funds With Bakkt and Fidelity as Custodians [cryptoglobe.com]

According to a press release the two funds are the Galaxy Bitcoin Fund, which requires a minimum investment of $25,000 with optional quarterly redemptions, and the Galaxy Institutional Bitcoin Fund, which requires a higher minimum investment and has weekly liquidity. The document details Bloomberg will be the price agent for the funds while other service providers include Ernst & Young for tax, Davis Polk & Wardwell for legal counsel, and Deloitte & Touche for auditing. The funds’ custodians, as mentioned, will be Bakkt and Fidelity Digital Assets.

Bitcoin Retraces To $8000, Altcoins Follow & Bleed: Weekly Crypto Market Update [cryptopotato.com]

Market-Update-56-min

This week the market was shuffling down and traded in the red. It could be because of the Chinese trying to soothe the hype created around blockchain. They are currently trying to focus on the distinction between Bitcoin and cryptocurrency market and the blockchain technology.
Bitcoin’s downturn to the $8,000 area is driving the market’s reaction as the trade volume declines and the fear index rises. Despite the bearish momentum, some altcoins were in the green. Fusion, for example, surged by 300% this week and others have also emerged which shows a mixed trend and further indicates the state of confusion in the cryptocurrency market over the past week.

BITCOIN WILL ENTER NEW BULLISH CYCLE IN MARCH 2020, ANALYSTS CONFIRM [bitcoinist.com]

The bears appear to be firmly in control at the moment as China’s clampdown on cryptocurrencies spurs further sell-offs. Just as Xi Jinping’s endorsement for blockchain technology unwittingly caused a buying frenzy, the speed with which the Chinese president is scrambling to correct that is having the reverse effect. Binance and Tron were kicked off of Weibo last week and the authorities are calling for a ‘clean up’ of cryptocurrency companies.

Bitcoin Breaks Critical Support as Market Remains Under Threat [cryptobriefing.com]

BTC/USD By TradingView 
Crypto Total Market Cap by TradingView

The cryptocurrency market is under heavy downside pressure on Tuesday after Bitcoin broke through major technical support during Monday’s U.S. trading session. Ethereum, XRP, Litecoin are mostly following Bitcoin, while Binance Coin, Bitcoin Cash, EOS, Bitcoin SV, and TRON are among the worst affected top-10 coins. The total cryptocurrency market capitalization is $214 billion, a loss of 5.7 percent since Sunday.

Can Bitcoin and Blockchain Help Avoid a New Financial Crisis? [coindoo.com]

Could blockchain, bitcoin, and crypto wisdom help prevent the next financial crisis? Maybe, but only if it’s implemented. If you’ve been paying attention to any bitcoin news sources within the last 5 years or so, you’ll have undoubtedly heard about blockchain technology. More than just your average crypto buzzword, blockchain technologies may just hold the key (no pun intended) to many of the world’s financial issues. And no, we’re not talking about investing in crypto. Blockchain, the public ledger system that keeps bitcoin and other altcoins decentralized and functioning may have applications that far exceed those of its original concept.

Crypto Market Sheds $10 Billion – BTC, ETH, TRX, XRP Drop Below Crucial Supports [zycrypto.com]

The market has yet again slipped and billions have been wiped out. After a weekend of sideways action, the bears have managed to pull down prices at the start of the week. Monday saw a majority of the coins record a marginal drop but today these losses have extended. Tron has led the drop by losing more than 8% in the last 24 hours, making the digital asset the highest loser among the top 20 coins. Among the top coins, the drop has been somewhat controlled but crucial supports have been broken. Bitcoin has dropped nearly 4% and fallen to the $8,200 price region. Ethereum has also shed nearly 4% and is exchanging for $178.

Facebook Pay could potentially impact Bitcoin’s market [ambcrypto.com]

Source: SFOX

SFOX, a cryptocurrency prime dealer, recently released a report discussing the current market sentiment in the digital asset industry and the impact of Facebook’s Libra on Bitcoin’s ecosystem. While Libra is yet to be released and given the necessary regulatory clearance to function as a digital asset, Facebook’s proposed crypto-project has corresponded with Bitcoin’s downward price movement over the past few weeks.

‘Lost Coins’ Study Estimates BTC’s True Supply [bitcoin.com]

'Lost Coins' Study Estimates BTC's True Supply

Many people like the fact that Satoshi Nakamoto introduced a capped supply of 21 million coins when he created the Bitcoin protocol. However, there’s been a lot of speculation aimed at guessing the number of ‘lost coins’ that will never be spent. On November 19, the digital currency data and research site Coin Metrics published an in-depth study that estimates the true number of BTC’s circulating supply.

Grayscale Files to Make Bitcoin Trust First to Be Regulated by SEC [bitcoinmagazine.com]

On November 19, 2019, the company filed a securities registration form with the SEC which, if approved, would see its popular Bitcoin Trust product become the first-ever digital currency investment product to be regulated by the SEC. The Bitcoin Trust was initially launched as a way to give more investors exposure to bitcoin with some barriers to entry eliminated, like the need to protect your own private keys. The pursuit of regulation by the SEC through this voluntary filing appears to be an effort in the same vein.

What is Cryptoeconomics? A Beginner’s Guide for 2019 [bitcoinmarketjournal.com]

According to Ethereum co-founder and lead developer Vlad Zamfir, “Cryptoeconomics is a formal discipline that studies protocols that govern the production, distribution and consumption of goods and services in a decentralized digital economy. Cryptoeconomics is a practical science that focuses on the design and characterization of these protocols.”
The pillars of cryptoeconomics are cryptography and economics. That is to say, it comes as a byproduct of marrying these two concepts.

Dow Extends Rally Because Investors Bet Trump’s Tariff Gun Isn’t Loaded [ccn.com]

dow jones industrial average chart
The Dow nudged higher on Tuesday morning as investors made a slight move toward risk. | Source: Yahoo Finance
  • The Dow, S&P 500, and Nasdaq continued to stretch toward unprecedented heights on Tuesday.
  • Goldman Sachs anticipates that the trade war will have little impact on the global economy in 2020.
  • But one panel of experts warned that by refusing to relent on tariffs, President Trump is “holding a gun to the head” of the US economy.

More news and community @Publish0x


[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.

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.com에서 무료 웹사이트 또는 블로그 만들기.

위로 ↑

%d 블로거가 이것을 좋아합니다: