September 29, 2019

Too Little, Too Late: What Does Bakkt’s Underwhelming Launch Mean?

Bakkt’s first few days have produced low trading volumes. Will Bakkt live up to expectations, or will it continue to struggle? Bakkt went live this past week, but it has gotten off to a slow start. The long-awaited Bitcoin futures trading platform has seen minimal activity during its first few days: right now, Bakkt reports...
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Bitcoin Will Hit a New All-Time High Within Next 18 Months, Says Ikigai Fund Founder

/latest/2019/09/ikigai-fund-founder-says-btc-will-all-time-high-in-next-18-months/ Bitcoin Will Hit a New All-Time High Within Next 18 Months, Says Ikigai Fund Founder ikigai-fund-founder-says-btc-will-all-time-high-in-next-18-months Ikigai founder Travis Kling believes the price of bitcoin is being impacted by ripples from the repo and eurodollar market. Predicts the price of bitcoin will reach an all-time high of $20,000 within the next eighteen months.  Ikigai...
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Binance Aids UK Authorities in Identifying a Darknet Criminal

Cryptocurrency exchanges and other service providers play a major role of importance. Not only are they the gateways to this industry, but they can be powerful allies for law enforcement agencies around the globe. Binance, the world’s largest crypto trading platform, has recently aided UK authorities to identify and arrest a Bulgarian criminal. A Bulgarian...
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Nexo Adds PAX Gold As Collateral Option For Crypto Credit Lines

Nexo adds the NYDFS- regulated PAX gold as an option for the recognizable Instant crypto credit lines which brings the gold-backed lending to the blockchain and in the Nexo crypto news today we find out more about the new option. Nexo is one of the dominant players in the crypto lending space and by adding...
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Will the Crazy 4Chan Bitcoin Price Prediction Hodl True for October at $16,000 BTC/USD?

Many crypto enthuasists are banking on the infamous 4chan bitcoin price prediction to be right again for the third time in a row in the 2019 calendar year. A screenshot of a comment made on January 21, 2019 that correctly predicted bitcoin’s price twice already has been going around and is being hailed as the...
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EOS Price Analysis Shows The Altcoin Is Struggling To Find New Support

EOS price analysis shows that the altcoin struggled this week since the 27 percent drop and it later saw a further decline of another 3 percent over the past 24 hours. Now as we are about to see in the latest altcoin news below, EOS lost more than 50 percent over the past three months...
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Bitcoin (BTC) Price Might To Drop To $3000; Here’s How?

Noted YouTube financial markets and cryptocurrency analyst Alessio Rastani in his latest video has talked about the possibility of bitcoin crashing down to $3000. However, he believes that his ‘wildcard BTC price scenario’ has a higher probability of playing out.  Euphoria, Anxiety, Denial Rastani began by discussing a very important market metric – the sentiment...
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Bitcoin’s price drop caused ‘Extreme Fear’ among investors, leading to a massive sell off

Bitcoin price saw a massive dip that began on 24th September and continued till 25th when the price fell as low as $7,660 before it stabilized around $8,300 mark. The sudden drop in prices caught everyone by surprise as the market expected the coin to run on the coattails of Bakkt’s launch of Bitcoin futures...
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Cardano (ADA) Declines Tremendously with Slight Expectation of Improvement

Cardano has completed two years in the blockchain platform. The anniversary was celebrated with an announcement of a new venture. The same is speculated to bring improvement in the currency in the coming days. However, the current price movement is not indicating any recovery for the short term. The traders would have to wait to...
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Canon EOS 90D Vs. Canon EOS 80D: Worth the Upgrade?

Jessica Lee Star/Digital Trends The Canon EOS 80D was released back in 2016. Three years later, Canon has decided it’s time for an upgrade, and the new EOS 90D brings many improved features, including a higher-resolution sensor. Both cameras fall into the midrange category, but they have plenty of capabilities that would suit the professional...
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Litecoin bulls step back due to descending triangle formation, forays into oversold realm

From a year high of $142 to in June 2019 to trading below $55 crucial resistance, the silver crypto was in bearish phase after a short period of consolidation. The latest price drop has pushed Litecoin to the sixth position as it continued to plummet aggressively against the US Dollar. Litecoin lost over 3% in...
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Analysts Expect Further Upside for Ethereum; Set Near-Term Target at $230

After losing its foothold within the lower-$170 region, Ethereum’s recently incurred upwards momentum appears to have faltered, as ETH has now dropped below the $170 level as Bitcoin revisits its key near-term support level at $8,000.Analysts are now expressing mixed sentiments when it comes to ETH, but are generally offering a sentiment that can best...
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JP Morgan on What Caused Bitcoin Price Crash to $8,000

Bitcoin (BTC) hasn’t had the best week. In fact, the cryptocurrency is set to close down some 20% on the week, which is one of the asset’s worst performances since the bearish capitulation seen in November of last year. A bit late to the party, JP Morgan recently came out with its analysis of the...
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Bakkt Raked in Only $5.8 Million BTC Trading Volume in First Week

The highly anticipated launch of Bakkt’s physically-backed bitcoin futures has been disappointing, to say the least, posting only $5.8M of BTC trading volume in the first week. Many people in the community saw Bakkt as the catalyst to get institutional investors to enter the market. But so far, it doesn’t seem like institutions are interested....
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Ripple Exec Skeptical of Libra’s Decentralization Claims: A “Walled Garden”

Since Libra was unveiled earlier this year by Facebook, crypto enthusiasts and industry firms have been heavily scrutinizing the project. The fear is that the “cryptocurrency” and “blockchain” won’t sport the tenets of a decentralized network,Related Reading: CNBC Analyst Slams Facebook Libra, Champions BitcoinAccording to an executive of Ripple Labs, these fears are correct.Libra a...
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Ethereum founders change narrative on ETH to attract investors, highlights Jimmy Song

The second-largest coin with a market cap of $18.60 billion, Ethereum is gearing up for several developments. Ethereum’s Istanbul upgrade, is scheduled to go live in the next few months which a network-wide upgrade. Ethereum 2.0 aka Serenity is another anticipated upgrade of the Ethereum network. In a recent conference, Vitalik Buterin elaborated on what...
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Bakkt’s Lackluster Launch Reveals The Complexity Of The Crypto Space

For over a year many crypto advocates have assumed that Bakkt would represent a major turning point in the crypto revolution, bridging the divide between blockchain assets and the traditional financial space. It has thus been surprising that the launch of the regulated futures exchange proved to be underwhelming, with only USD $600,000 in Bitcoin...
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Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark

Sunday, Sept. 27 — All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has not been able to recover from Tuesday’s painful correction, which saw double-digit losses across the board. The most popular crypto coin continues to trade...
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Bitcoin Trading Journal: Veteran Trader Shares Tips on how to Profit from Bitcoin and Altcoin investing

Veteran trader shares his trading journal to help show investors how to make better crypto trades
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Bitcoin Revisits Key Support Level, But Analysts are Still Bullish; Here’s Why

After previously finding some support within the lower-$8,000 region, Bitcoin (BTC) is once again revisiting this level and appears to be in growing jeopardy of plummeting back into the $7,000 region.Despite this current bearishness, one prominent analyst and an outspoken Bitcoin bull is now noting that there is still a strong bullish case for BTC...
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Bugs Discovered in Bitcoin Lightning Network Implementations, Fixed

Blockstream core engineer Rusty Russell discovered critical Bitcoin Lightning Network bugs that were affecting C-Lightning, Éclair, and Lightning Network Daemon (lnd) implementations. Early LN Versions Failed to Check Funding Transaction Amounts Presently, three autonomous teams are working on the Lightning Network implementations: Blockstream, ACINQ, and Lightning Labs. The main objective of these teams, among other...
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Bitcoin Price: 2 Key Indicators Hint that a Bear Market is on the Cards

Last week was a tough week for Bitcoin (BTC) as sentiment shifted from bullish to bearish after the price fell from just under $10,000 to below $8,000 in a matter of hours on Sept. 24. After a brief bounce, Bitcoin hovered around $8,400 for 48-hours before the final drop to $7,740 came.  This produced a...
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Ripple (XRP) Keeps the Downtrend Intact; Next Key Support to Look For $0.21

Ripple price is currently dealing with the bears. The entire week observed a power-packed price movement. XRP coin slipped tremendously with the entire market crashing down. The downtrend seems to stick around for a while. However, there is also a high possibility of having a flourishing future. The investment in Ripple wouldn’t go futile. Ripple...
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Crypto News From Japan: Sept. 22–29

In this week’s selected cryptocurrency– and blockchain-related news from Cointelegraph Japan, Bitflyer adds the Ether (ETH)/yen pair to its trading platform, the official website Ethereum.org adds a Japanese language version, while Monex CEO Oki Matsumoto says that Facebook opened Pandora’s box with its stablecoin project, Libra. Here is the past week of cryptocurrency and blockchain...
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Ethereum looks bearish as selling pressure is on the rise

Ethreum was trading at $172.24 at press time with a downfall of 1.54% on the 24-hour price chart and registered a market cap of $18.5 billion. The altcoin has been trying to recover from its losses which were triggered on 24th September, which saw the majority of the cryptocurrency market depreciate in value. 6-Hour Price...
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EOS Price Analysis: EOS Slips To $2.60 Support But Can It Kick Off From Here?

EOS has struggled this week after dropping by a total of 27%. The cryptocurrency saw a further 3% price fall over the past 24 hours and it sets its sights to re-test the support around $2.64. EOS has lost a significant 50% over the past 3 months and has a long road ahead to recovery....
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Why Facebook & Goldman Sachs Keep Poaching Each Other’s Engineers

Some say that Silicon Valley is the new Wall Street, but could there be deeper reasons why tech companies like Facebook compete with banks like Goldman Sachs for engineers? It used to be banks that attracted the brightest. Before the financial crisis of 2008, Wall Street loved to hire mathematicians, physicists, and even rocket scientists...
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Poll by UFC’s Askren: Majority Would HODL Bitcoin Over Gold

A war has been raging between two cliques in the investment community — the Bitcoin bulls and the gold bugs.Over the past few years, it has become a popular practice for cryptocurrency proponents to equate or liken Bitcoin to gold, citing the asset’s non-sovereign, decentralized, fungible, borderless, international, and scarce nature.Related Reading: Data Shows That...
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Catching Up With The Bitcoin Family’s ‘Sharing Is Caring’ Tour

Do you ever wonder what happened to that Dutch family who sold all its possessions for bitcoin two years ago? Spanish language website, DiarioBitcoin recently caught up with the ‘Bitcoin Family’ for an interview. And the first big change would seem to be the family’s nationality… to German. You Say Potato, We Say Bitcoin Easy...
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Bakkt Hype Fades as Bitcoin Nears Critical Support Level

The crypto industry spent the past year musing all the ways that the launch of Bakkt’s physically settled Bitcoin futures product could impact the aggregated crypto markets, but its lackluster launch has faded the hype surrounding the platform, which comes as Bitcoin nears a critical support level. As Bitcoin nears this critical long-term support level,...
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