bitcoin bulls

Bitcoin Mining Industry Remains on Strong Footing

Bitcoin Mining Industry Remains on Strong Footing When the crypto winter struck the market in 2018, analysts predicted that crypto mining would also see a downturn. Some miners did hang their boots in the aftermath of the Bitcoin crash. However, one year down the line, Bitcoin mining is growing stronger than ever   Bitcoin mining- the industry most ignore Bitcoin mining is becoming more profitable, thanks to the recent rise in prices and the rise of Bitcoin mining pools. In…

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BTCUSD fails to extend bounce from 11100115 rest-area

BTC/USD fails to extend bounce from 11,100/115 rest-area BTC/USD remains below 1-month old resistance-line. 11,100/115 offers immediate support ahead of 21-DMA level around 10,650. Despite bouncing off three-week-old horizontal-support, the BTC/USD pair fails to clear near-term trend-line resistance as it makes the rounds to 11,425 during early Monday. The leading crypto pair has been under pressure recently as price rally in other altcoins joins speculations of increased Bitcoin mining. Adding to the market fears is the on-going US-China trade war…

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Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages

Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today. Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400 in a matter of minutes between 7:30 AM and 7:45 AM Coordinated Universal Time. Looking at its…

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Bitcoin Price Analysis 8102019

Bitcoin’s recent sideways action has given us some time to reflect upon the movements of the past few days and project where we might go from here. What we’re seeing on a macro scale is a continuation of the positive trend that we have been seeing for Bitcoin all year. Bitcoin was able to close a few different daily candles above our drawn resistance, as you can see below: On this daily chart, we can see that Bitcoin appears to…

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Bitcoin Falls as Facebook Warns Libra Might Never Launch

Bitcoin Falls as Facebook Warns Libra Might Never Launch Investing.com – Bitcoin fell on Tuesday in Asia after Facebook (NASDAQ:FB) said in a report that Libra might not “be made available in a timely manner, or at all.” Bitcoin dropped 2.6% to $9,517.9 by 12:15 AM ET (04:15 GMT). Litecoin fell 1.6% to $89.133, while Ethereum was down 3.3% to $205.25. XRP slipped 1.2% to 0.30800. In its latest quarterly report, Facebook warned a number of factors could hinder the…

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Florida Court Summons Wife and Associates of Craig Wright in Billion Dollar Lawsuit

Florida Court Summons Wife and Associates of Craig Wright in Billion Dollar Lawsuit As part of a pending lawsuit, a Florida judge has requested international judicial assistance from the Queen’s Bench Division in London to summon and question Craig Wright’s wife and associates in court. The Kleiman estate had filed a $10 billion federal lawsuit against self-proclaimed Bitcoin founder Wright in February 2018. The court filed the petition on behalf of Ira Kleiman, wife of the now-deceased computer scientist, Dave…

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Crypto billionaire Mike Novogratz: Bitcoin will reach 20000 this year

Crypto billionaire Mike Novogratz: Bitcoin will reach $20,000 this year In a recent interview, crypto personality Mike Novogratz gives his view of the crypto world for the rest of the year.   Earlier this summer, crypto personality Mike Novogratz gave a somewhat modest forecast for bitcoin. He said that the price would stabilize between $10,000 and $14,000.   Sometime later, Novogratz, who founded Galaxy Digital (a company that helps institutional clients invest in cryptocurrencies), stated that this time he will…

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Survey says that Americans prefer Bitcoin over Facebook’s Libra

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%…

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Cryptocurrencies price prediction – Bitcoin Ethereum amp EOS – 25 July

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,…

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The Crypto Daily The Movers and Shakers 240719

  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…

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