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Survey says that Americans prefer Bitcoin over Facebook's Libra Only 2% of the people trust Facebook's Libra over public cryptocurrencies like Bitcoin. 77% of people say they do not trust Facebook with their personal data due to previous scandals. According to a recent survey, people from the US trust Bitcoin more than Facebook's upcoming stablecoin, Libra. 1,799 adults took part in this survey, which started after Facebook's white paper launch in June. Consumer insights provider CivicScience revealed that only 2%…

Cryptocurrencies price prediction – Bitcoin, Ethereum & EOS – 25 July Bitcoin price prediction: BTC/USD faces two healthy resistance levels in path back to $10,000 BTC/USD has had a bearish Wednesday wherein the price fell from $9,856 to $9,771.50. In the process, BTC/USD has strung together four straight bearish days where the price fell from $10,768 to $9,771.50, falling by 9.25%. The daily confluence detector shows two prominent resistance levels in its path back to the $10,000-level. On the downside,…

  The Crypto Daily – The Movers and Shakers 24/07/19 The bears eye a 4th day in the red, with sub-$8,000 levels for Bitcoin investors likely to cause some angst for the broader market. Bitcoin slid by 4.57% on Tuesday. Following on from a 2.29% fall from Monday, Bitcoin ended the day at $9,859. A particularly bearish morning saw Bitcoin slide from an early intraday high $10,330.9 to an early afternoon intraday low $9,820. Steering clear of the major resistance…

Analysts Alex Kruger and Josh Rager give their Bitcoin Predictions   Cryptocurrency analyst and economist Alex Krüger says investors should welcome the current withdrawal of Bitcoin and points out that Bitcoin will increase faster and sharper. Bull market corrections are unavoidable and should be welcome. Assets that go too far up too fast tend to crash the hardest. As everyone who speculated with the price of bitcoin during 2017 and 2018 well knows. In the short term, analyst Josh Rager…

Bitcoin is a rollercoaster ride hen we started work on this article, we were going to talk about the explosive growth in Bitcoin value. But as we prepared to publish, the cryptocurrency experienced a massive devaluation that could have serious implications for investors. The highs of cryptocurrency investment In December 2018, Bitcoin (BTC) reached its lowest point of the year, with each virtual coin worth about $3,200. Over the next sixth months, demand helped to raise values significantly. By the…

Bitcoin (BTC) Price Weekly Forecast – Approaching Next Crucial Break There was a solid upside correction initiated from the $9,100 swing low against the US Dollar. The price gained traction after it broke the key $10,000 resistance area and traded towards $11,250. There was a break above a major bearish trend line with resistance at $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair tested a crucial resistance near $11,250 and it is currently…

35% Bitcoin Price Drop to $9,100 is Historically Natural, Don’t Worry – Analyst Bitcoin and the aggregated crypto markets have been incurring significant volatility as of late that has made it increasingly unclear as to which direction BTC is heading and has even made it difficult to know whether bulls or bears are in control. Although Bitcoin’s recent drop to $9,100 certainly signaled that the crypto’s bears have significant strength, the subsequent price surge past $10,000 signals that bulls are…

Bitcoin Price Analysis – Bitcoin Stands on its Feet by Gaining Almost 3.5% Bitcoin has shown five huge price swings in the last one month. The next resistance point is likely to be 10,000 USD. After being hit by a steep push to the ground, Bitcoin has been partly successful in getting on its feet again. It lost almost 14% overnight yesterday, but over the last 24 hours, it has added almost 3.5% to its price. As per the experts’…

House Rep. Kevin McCarthy heaps praise on Bitcoin McCarthy said that he likes Bitcoin because of the blockchain's security. Unlike Bitcoin, he doesn't like Facebook's Libra and fears that it may control the market in the future. In a recent interview with CNBC, Kevin McCarthy, the Republican House Minority Leader said:   "I like bitcoin … The real thing I like when it comes to bitcoin is I like blockchain because I like the security. I want the government to…

Bitcoin price plunges following Senate hearing into Facebook’s Libra cryptocurrency The price of bitcoin plummeted Tuesday after a Senate hearing that questioned a Facebook Inc. executive on Libra, the company’s proposed cryptocurrency.   Bitcoin fell 12% today to a 24-hour low of $9,266.56 as of 10:45 p.m EDT before recovering slightly, to $9,402.28, an hour later. The decline means bitcoin hit its lowest level in a month, extending a bear market that saw bitcoin start to plunge following news of…