December 4, 2019

Bitcoin may hit $5000 before re-accumulation ends: Tuur Demeester

Bitcoin registered a growth of over 200 percent, hitting a yearly high of $13,800 following the market’s bullish phase between April and June 2019. A lot of factors were identified to have contributed to this movement, with many major crypto-personalities speculating that it happened following a period of Bitcoin accumulation. In a recent segment of...
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Whale Alert: Bitcoin Worth $313 Million Was Sent from Bittrex Exchange to Unknown Wallet

Early Wednesday morning, 43,564 BTC – worth more than $313 million at current prices – was withdrawn from Bittrex to an unknown wallet. To put that in perspective, it’s almost as much as the daily trading volume of Bitfinex and Coinbase combined. $313 Million Sent only for $1: Try That With Fiat What is remarkable...
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Ethereum Fractal Suggests Altcoins Could Soon Outperform Bitcoin

Throughout 2019, altcoins like Ethereum, Ripple, and others, have grossly underperformed next to Bitcoin, sans a few outliers like Chainlink, or Binance Coin, who had breakout years themselves in 2019.But according to a very accurate-looking fractal on ETH/BTC price charts, Ethereum could soon break out against Bitcoin, helping to propel altcoins out of the gutter...
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The Anti_BitcoinSV subReddit Attracts Some Attention

There has been a fair bit of hostility toward Bitcoin SV since its inception. That momentum will only intensify now that the anti_bitcoinSV subreddit has been created. Anyone in the world can create their own subReddit in an effort to spread a message. Welcome to Anti_BitcoinSV Whether that message is a personal hate toward something...
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Video: Justin S. Wales on How the First Amendment Protects Bitcoin

In a tweet he posted on November 25, 2019, Carlton Fields Senior Counsel Justin S. Wales announced the publication of a unique research paper which linked bitcoin transactions with free speech and the First Amendment of the U.S. Constitution. The paper, which was co-authored with veteran First Amendment lawyer Richard J. Ovelmen, is part of...
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Little-Known Facts Behind Telegram and its GRAM Token

Recent court filings reveal a treasure-trove of interesting details behind Telegram and its GRAM token that were previously obscure to the public. Here’s what we learned from the disclosure. The SEC filed an emergency action halting the launch of Telegram’s blockchain, the Telegram Open Network, and the distribution of the protocol’s native token, GRAM. Telegram...
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The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History

Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. Nearly every day the Federal Reserve...
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XRP Is Set To Finish 2019 Poorly After Failing To Garner Momentum

XRP is set to finish poorly as 2019 was a hard year for the altcoin since it set new yearly lows in the past several weeks with its fall down to $0.20. This bearishness has made XRP be one of the worst-performing cryptos of the major ones, in the markets over this year, and it...
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A Bitcoiner in the Senate? Is Bakkt CEO in US Govt. Good or Bad for Crypto?

The CEO of the much-hyped Bitcoin futures platform Bakkt has been appointed to serve in the US Senate. Loeffler will replace Georgia Senator Johnny Isakson, who is due to retire at the end of this month.At first glance, Kelly Loeffler’s appointment, like the launch of Bakkt itself, looks like an unmitigated success for the crypto...
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France Announces New Digital Currency For Upcoming Year

France announces the launch of a new digital asset for the upcoming year according to a report from the AFP Newsagency and the central bank of France as we are reading further in the cryptocurrency news. The news reports stated that the Bank of France’s governor Francois Villeroy de Galhau said in recent interviews that...
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Buy Zone For Bitcoin In 2020: Accumulation Period Starting

One crypto analyst, beside the most of the crypto analysts which in the bigger part of 2019 gave overly optimistic and bullish predictions, expected that Bitcoin’s bull run to have already finished, remained cautious, waiting for Bitcoin’s parabolic rally to be over and come back down to the “buy zone” as we are reading in...
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Binance Research: Margin trading could boost asset allocation efficiency

The research team at the Changpeng Zhao-led cryptocurrency exchange, Binance, recently published its November Markets Overview report. It expanded on how the Binance Research team looked into Bitcoin Cash’s impact on orderbook structure after it was added for margin trading earlier this year, in August. Detailing the process, the report explained how the team aggregated...
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XLM Forms A Bearish Wedge And A Bearish Short-Term Trading Outlook

The Cardano chief Charles Hoskinson recently had a chance to talk about the Stellar Development Foundation (SDF) and its recent decision to burn 55 million XLM tokens which were worth around $4 billion at the time.Hoskinson noted that this move has created little in the way of value for Stellar and noted that the funds...
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France Announces Digital Currency Venture: Crypto Bulls Roar

According to a report from the AFP News Agency, France’s central bank will be launching a digital asset (decisively different than a crypto asset) in the coming year.France to Launch Digital CurrencyThe outlet reported via Twitter, the Bank of France’s governor, Francois Villeroy de Galhau, said in a recent statement that his organization will start...
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Bitcoin Investor Psychology, Not Just Fear and Greed

During its three major price cycles, Bitcoin investor behavior has demonstrated a more nuanced range of emotions than just fear and greed. Coin Metrics examined Bitcoin investor behavior during the three major BTC cycles around peaks, lows, and mid-cycle corrections. Their findings suggest that fear and greed are not the sole drivers of investor decisions,...
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Hackers Use Clipper Malware To Steal Cryptocurrencies

Hackers use clipper malware to steal cryptocurrencies by replacing the receiving address between copying and pasting as we are about to read further in the coming altcoin news. According to a report from February 2019, the security researcher called Lukas Stefanko, discovered that the hackers use clipper malware that was brought to Google Play via...
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Bitcoin: Extreme Fear Amongst Investors May Signal That a Trend Shift is Imminent

Bitcoin (BTC) has been firmly caught within the throes of immense volatility over the past several days and weeks, with its recent bout of sideways trading ultimately resulting in a massive movement that caused a maximum pain scenario for traders.This volatility has come concurrently with “extreme fear” amongst investors, which may be a counter-trading signal...
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Iran Gets Closer To Strong Financial Crisis, Can Crypto Save The Country?

Iran gets closer to a strong financial crisis because of the economic sanctions imposed on the country but can Iran avoid them by turning to crypto? Let’s find out in the latest cryptocurrency news today. Iran is really in a bad shape now and the US officials believe that the country’s finances will likely be...
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ILCOIN Introduces Rift Protocol With 5GB Blocks That Fight Scalability

ILCOIN introduces the new RIFT protocol that has 5G blocks setting the new record for both block size limit and transaction speed. With the latest development, ILCoin becomes the first project that solves the scalability project and creates the basis for efficient on-chain storage as we are reading in the coming blockchain news below. The...
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Major European Firms Harness Blockchain to Track Renewable Energy

Two major companies from the Iberian peninsular have just announced the launch of a blockchain-powered system to verify the sustainability of electricity. Spain’s department store El Corte Inglés will use the system to prove the company’s commitment to reducing its carbon emissions.Supplying the clean energy to El Corte Inglés stores will be the firm’s long...
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Germany Inches Closer to Nation-wide Negative Interest Rates

Financial trouble has been brewing across the Euro zone for some time. Germany is one of the first countries to force its negative interest rates upon regular consumers. Many people aren’t aware of how all European countries have dealt with negative interest rates for years. Negative Interest Rates are Problematic The ECB has been forcing...
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The best tech-investment of the 2010s decade was Bitcoin

In terms of how long it maintained its $100 billion valuation, Bitcoin has outperformed every tech company that existed, claims Balaji Srinivasan. The former Coinbase CTO said that the biggest unicorn of the 2010s wasn’t any of the usual picks such as Uber, Airbnb, or Snapchat, but rather the world’s first decentralized cryptocurrency. Bitcoin’s performance...
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Tron’s Justin Sun claims crypto fiat on-ramps would bolster adoption

Despite the fact that the rate of crypto-asset adoption has significantly improved over the past few years in terms of trading and market investment, crypto-assets haven’t reached high standards in terms of commercial usage. In a recent interview with Bill Barhydt, Justin Sun, CEO of Tron Foundation, discussed the key factors which would eventually make...
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The Many Facts Pointing to Shinichi Being Satoshi

A lesser known, yet uniquely compelling candidate for the real Satoshi Nakamoto is Japanese mathematician and number theorist Shinichi Mochizuki. With a long history of mathematical innovation, and purportedly proving conjectures thought to be near impossible to verify, he seems to almost come from an alien world. Mochizuki further painstakingly avoids the spotlight. Some, like...
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XRP Set to End 2019 on a Poor Note as it Fails to Garner Any Momentum

XRP has had a rough 2019, with the embattled cryptocurrency setting fresh yearly lows just in the past several weeks with its drop down to $0.20. This bearishness has led XRP to be one of the worst performing major cryptocurrencies in the markets over this past year, and it does appear that further losses could...
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ILCoin Launches With 5GB Blocks

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ILCoin Blockchain Project set a new record for stable block size – when it successfully released a 5Gb...
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Bakkt claimed its Bitcoin futures contracts wouldn’t be traded on margin for “market integrity” — turns out they are

Bakkt’s intention to provide a pure non-leveraged Bitcoin futures product seems to have evaporated — both of the firm’s futures contracts are traded on margin, as pointed out by Alex Kruger: “Myth: Bakkt futures fully backed by bitcoin. Reality: Bakkt futures 37% backed by dollars or treasuries.” More than a year ago Bakkt CEO Kelly...
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Bitcoin Tests Wedge Top While Ravencoin Soars

Bitcoin suddenly spiked towards the $7,770 ahead of the U.S market open, following a short-lived sell-off towards the psychological $7,000 level earlier this morning. The move appears to be technically driven as the BTC/USD pair tested the top of the much-discussed falling wedge pattern on the daily time frame. However, rumors persist that the rise...
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Bitcoin To Spend 2020 In Accumulation Mode, Ideal Buy Zone

While most of the crypto analysts across the market spent the bulk of 2019 overly optimistic and bullish, expecting Bitcoin’s bull run to have already commenced, one crypto analyst has remained cautious, waiting for Bitcoin’s parabolic rally to cool off and come back down to the “buy zone.”The post appeared first on NewsBTC
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Litecoin’s current movement might send it to the oversold zone

The only thing that has been surging with regard to Litecoin is the FUD around the implementation of MimbleWimble. The price of the altcoin, on the other hand, seems to be moving mostly sideways, with brief upward and downward surges. At the time of writing, the coin was trading at $45.17, recording a 0.31% price...
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