September 2, 2019

Bitcoin Price Shoots for $10K as Markets Hold Breath for Breakout

Monday, Sept. 2 — Bitcoin (BTC) was fighting resistance close to $10,000 as fresh energy appeared to flow into markets.  Market visualization. Source: Coin360 Bitcoin attempts to crack $10,000 barrier Data from Coin360 showed BTC/USD was up 2.25% on Monday — climbing through $9,800 to challenge a ceiling it failed to break the day before.  At publishing...
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The Trump administration has walked back its decision to deny life-saving health care to immigrants facing deportation, Business Insider

source Joe Raedle/Getty Images On August 7, US Citizenship and Immigration Services eliminated what’s referred to as the “medical deferred action” program, and ordered that any immigrants with pending medical deferred action requests leave the country within 33 days or face penalty. It allowed immigrants facing deportation to remain in the US while they or...
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After Dow Slump, Recession Fears Rise With Dwindling Trade Deal Hope

The Dow futures are in the red following the response of China towards new sanctions imposed by the U.S., fueling fears of a possible recession. | Source: Shutterstock The Dow futures are in the red once again following the response of China towards new sanctions imposed by the U.S., fueling the drop of the bond...
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Bitcoin Price Monthly Chart At Risk Of Three Black Crows Reversal

This weekend, Bitcoin price closed its second consecutive monthly red candle in a row, as bulls failed to push the price of the leading crypto asset by market cap through resistance to retest its recent local high.The post appeared first on NewsBTC
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Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed....
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Thai Bitcoin Trading Platform Won’t Renew its Digital Asset Exchange License

Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this decision was made all of...
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Binance Acquires Seychelles-Based Crypto-Asset Trading Platform JEX

Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services.  The exchange announced the acquisition on Sept. 2, saying, “JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.” According to the announcement, Binance will...
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Co-founder of Ethereum, Gavin Wood to Make First Stage Appearance in Korea

From co-founding Ethereum with Vitalik Buterin, to leading the global blockchain community, Gavin Wood has played an immense role in the field of blockchain. On September 27th, Wood is set to make his first stage appearance at the ‘Korea Blockchain Week (KBW 2019)’. His arrival at the event will also mark his first official visit...
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Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit

Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to the Kleiman estate. Wright’s legal counsel based in...
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Top 5 Investments To Become Rich Fast in 2019

Becoming wealthy takes years of hard work, determination, achievement, planning, saving, and a lot of luck unless you invest wisely and take calculated risks that yield a high reward. Even the most successful investor ever, Warren Buffett, says that “if you don’t find a way to make money while you sleep, you will work until...
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Why Online Casinos are Accepting Cryptocurrency Payments

Online cryptocurrency casinos are becoming more and more popular as the crypto industry grows. The two go hand in hand, as cryptocurrency provides a safe and fast way to transaction with online application. What are bitcoin casinos? Bitcoin casinos are websites that have casino games and accept cryptocurrency. You simply go to their website, make...
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Bitcoin Price Following 2016 Bull Market Reaccumulation Pattern

Crypto investors, traders, and analysts alike are mostly in agreement that Bitcoin price has switched to bull market mode ever since the crypto asset left its bear market bottom behind. But now that Bitcoin price has been correcting in recent weeks, the market has become bearish and fearful that a deeper correction will soon be...
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Binance’s push to capture the cryptocurrency derivatives and futures market

Binance acquired JEX, a little-known crypto derivatives trading platform. Concurrently, the exchange is publicly testing two Bitcoin futures platforms. These initiatives are part of Binance’s push to capture the crypto derivatives market and usurp incumbents BitMEX and Deribit. Binance’s Bitcoin futures The world’s largest cryptocurrency exchange announced that its team is developing two futures platforms, in parallel,...
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Gold-backed stablecoins to end gold and Bitcoin war, claims report

Bitcoin has gone through a near-impossible feat of convincing global investors about its worth as the rightful replacement of gold, which has also led some to believe that “the demand for gold is adversely affected by the success of cryptocurrencies.” The recent Crypto Research Report stated, “As of yet, the correlation between gold and Bitcoin...
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Bitcoin Surging $700 In a Day: Now Facing Its Real Crucial Test (BTC Price Analysis)

Momentum is changing so quickly in the crypto markets. If four days ago everyone saw Bitcoin price getting below the $9,000 level for the first time since June, now the bulls are back. As mentioned here on our previous analysis, Bitcoin had shown odd calmness, and we anticipated a coming-up huge move. However, no one...
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Ethereum In ‘Dangerzone’ As Volatility Nears All-Time Lows

It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of.  Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum.  Low Volatility Means Unattractive Investment Let’s...
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Faith in Fiat Falters, As Bitcoin Gains Believers

As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good.” The global economy has been propped up since the end of the...
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Binance Pays Its Users $220K To Test The New BTC Futures Platform

A blockchain development firm named Baton Systems based in California recently secured a new Series A funding round led by Trinity Ventures. As the latest cryptocurrency news show, the US firm raises $12 million in a round – and the funding will be used to scale its blockchain powered bank-to-bank payment solutions. First reported by...
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Bitcoin Bulls Win Tug Of War, BTC Surges 7% to $10,400

Bitcoin bulls are back — that’s right. In the past few hours, the cryptocurrency has been regaining its upward momentum once again, finally showing some bullish price action following the Friday close of the CME’s August BTC futures contracts.Related Reading: 1,000 Bitcoin Buy Wall May Bolster Bull’s Attempt to Push BTC to $10,000This move higher...
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ECB Board Member Claims Facebook’s Libra is Not a Real Crypto

News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto.Although Libra was met with praise by many, it certainly has its fair...
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Bitcoin must not surge at the expense of another financial breakdown, warns eToro founder Yoni Assia

In a recent interview, the founder and CEO of eToro, Yoni Assia shed light on the fact that several people anticipate or expect the 2008 financial crisis to repeat itself. This is primarily because the crypto investors expect a surge in the price of Bitcoin in such a case. The potential financial crisis would enable...
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Price Analysis 02/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, XMR

The altcoins are attempting a pullback, but is there buying on dips? Is this a good time to buy? Let’s take a look
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Police Seize $15K Crypto Thief After He Mistakenly Disclosed Identity

Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to a detective heading the investigation. Back in April, a Connecticut resident fell victim to a cryptocurrency theft by New Jersey citizen Darren Carter, wherein the latter swiped the...
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ECB Exec Rips ‘Cartel-Like’ Facebook Libra in Blistering Takedown

Yves Mersch, a member of the European Central Bank’s executive board, warned of the dangers of the “cartel-like, “treacherous” Facebook Libra crypto. | Source: AFP PHOTO / DANIEL ROLAND A member of the European Central Bank’s executive board sounded the alarm on the “treacherous, cartel-like” Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to...
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Bitcoin Reclaims $10K After First Bullish Divergence on 4-Hour OBV since $3.3K

Bitcoin’s price has risen above $10,000 for the first time in nearly a week as Tether releases $7 million in USDT from its wallet and a bullish divergence appears on the 4-hour chart. Bitcoin Price Up By 5% Bitcoin has gained more than 5% in a few hours on Monday (September 2, 2019). This surge...
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D Community Builds the Next-Generation Traffic Entrance in the Blockchain Industry

D Community (http://2ds.one/) is a youth community based on blockchain technology, which is upgraded from the well-known ACG brand “Dilidili”. With the prior success of “Dilidili”, D community has achieved great experience to build the ecosystem. So far, D Community has generated 30million to 40million monthly active users (MAU) which is the same level with...
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Billionaire Bitcoin Skeptic Ray Dalio Accused of Ruining Burning Man

Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCN Ray Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man. Dalio is the founder of...
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Thai Crypto Exchange BX.in.th Shuts Down

Bitcoin Co. Ltd., (BX.in.th) a popular crypto exchange in Thailand, is shuttering its services.  In a company announcement, last updated on September 2, 2019, the exchange claimed that the closure will allow it to focus on other business opportunities. It instructed customers to withdraw their funds, as deposits and trading would be disabled from September...
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Litecoin, Ethereum and Bitcoin Cash are gaining ground in travel industry

The clear rise in adoption of cryptocurrencies can be noted across various sectors, such as tourism. Major heavyweights of the tourism sector, such as Blockchain Cruises and Expedia, are already offering services that accept payment in crypto. Benefits of cryptocurrency payments are being realized at a global level. Travala, room-booking website that accepts cryptocurrency, achieved...
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Sony Infuriates Gamers After Dazzling Driveclub’s Unceremonious End

September 2, 2019 21 Views Fans are up in arms after Sony delisted stunning racing game Driveclub from the PlayStation store a day earlier than planned. | Source: Source: Justin Sullivan/Getty Images/AFP Fans are up in arms after Sony delisted Driveclub from the PlayStation store a day earlier than planned. Sales of the driving game...
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