NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage,’ Wall Street Vet Warns

When Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), announced that it was launching a bitcoin market, the move was met with enthusiasm by many within the cryptocurrency industry as a vindication of the legitimacy of the asset class. However, others, including some Wall Street veterans, warned that the “financialization” of … Continued

The post NYSE Owner’s Bitcoin Market May Have ‘Hidden Leverage,’ Wall Street Vet Warns appeared first on CCN

Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout

Bitcoin has neither dumped nor has broken its crucial resistance level since August 15. The BTC/USD on Monday started with a bullish promise after snoozing through the whole weekend. The pair confirmed 6346-fiat as a strong support and rose 3.5 percent during the early Asian trading session. As the day progressed, bulls began to lose … Continued

The post Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout appeared first on CCN

Coinbase Trading Drops 83% Since January, Offshore Cryptocurrency Exchanges Make Gains

Cryptocurrency exchange giant Coinbase might, as market research firm Bernstein recently said, be on the cusp of assembling an “unassailable” market share in the U.S., but that doesn’t mean that the San Francisco-based firm isn’t struggling to maintain consumer activity during the current downturn. Citing data from CoinApi, cryptoasset research firm Diar reports that USD-denominated … Continued

The post Coinbase Trading Drops 83% Since January, Offshore Cryptocurrency Exchanges Make Gains appeared first on CCN

Bitcoin Price Shows Stability as Crypto Market Sees Minor $6 Billion Drop

Over the past 24 hours, the crypto market has lost $6 billion from its valuation, experiencing a slight drop after a solid corrective rally by Bitcoin. While Bitcoin recorded a small gain of 0.5 percent, other major cryptocurrencies including Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, and Cardano fell by 1 to 4 percent, affecting

The post Bitcoin Price Shows Stability as Crypto Market Sees Minor $6 Billion Drop appeared first on CCN

Will the First Bitcoin ETF Make the Crypto Market Even More Volatile?

The first Bitcoin exchange-traded fund (ETF) is expected to be approved by February of 2019. But, some experts have stated that ETFs may increase the volatility of the market. How the ETF Will Impact the Market Over the past few months, analysts have been divided on the effect of the ruling of the US Securities

The post Will the First Bitcoin ETF Make the Crypto Market Even More Volatile? appeared first on CCN

Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens including

The post Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability appeared first on CCN

Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance

Bitcoin price today tumbled 2 percent against the dollar, confirming a weak push by bulls in the current bearish bias. The BTC/USD continued to extend its prevailing upside momentum, breaking above 6500-fiat to establish 6620-fiat as its new intraday peak level. However, the absence of enough bullish sentiment around the peak area, also visible during

The post Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance appeared first on CCN

$220 Billion: Crypto Market Continues Short-Term Recovery as Tokens Surge

The crypto market has continued its recovery over the past 24 hours, as both major cryptocurrencies and tokens continued to surge in value. While Bitcoin remained relatively stable with a 1 percent gain, Ethereum, Ripple, Bitcoin Cash, and EOS recorded 4 percent, 9 percent, 8 percent, and 11 percent gains respectively, pushing the valuation of … Continued

The post $220 Billion: Crypto Market Continues Short-Term Recovery as Tokens Surge appeared first on CCN

Forget Bitcoin ETF, an ETN Already Allows US Investors to Invest in BTC

Bitcoin ETF has been the big story of 2018 in the cryptocurrency space. But, a similar product already exists and with it, investors in US markets will be able to allocate more funds into the bitcoin market. Exchange-Traded Notes (ETNs) in Sweden Nine companies have applied to the US Securities and Exchange Commission (SEC) to … Continued

The post Forget Bitcoin ETF, an ETN Already Allows US Investors to Invest in BTC appeared first on CCN

Tokens Record 50% Gains as Crypto Market Recovers, Bitcoin Price Stabilizes

Over the past 24 hours, tokens such as VeChain, Ontology, and PundiX recorded 50 percent gains against the US dollar, as the crypto market recovered and Bitcoin showed stability. VeChain recorded the biggest jump in value on August 17, spiking by over 50 percent against the US dollar, becoming the best performing digital asset this … Continued

The post Tokens Record 50% Gains as Crypto Market Recovers, Bitcoin Price Stabilizes appeared first on CCN

Bitcoin Price Drops Against Turkish Lira as Treasury Seeks to Calm Investors

The Turkish Lira value improved against the bitcoin price ahead of an important conference between the country’s financial chief and global investors. The BTC/TRY recorded a 22 percent drop since establishing its intraday high at 45382-fiat. A political spat between the Turkish and U.S. governments last week had influenced the latter to double the tariffs … Continued

The post Bitcoin Price Drops Against Turkish Lira as Treasury Seeks to Calm Investors appeared first on CCN

Experts: Bitcoin Hashrate Increase Shows Investors are Happy in Long-Term

The hashrate of the Bitcoin network, which represents the amount of computing power securing the blockchain, has continued to increase despite the 70 percent decline of BTC since January of this year. David Sapper, chief operating officer at Australia-based cryptocurrency exchange Blockbid, said in an interview with Bloomberg that the continuous rise in the hashrate … Continued

The post Experts: Bitcoin Hashrate Increase Shows Investors are Happy in Long-Term appeared first on CCN

Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4%

In the past 24 hours, despite the strong downtrend of major cryptocurrencies, the crypto market demonstrated a quick recovery from this week’s losses. On August 14, as the BItcoin price dipped below the $6,000 mark, the valuation of the crypto market plummeted below the $200 billion mark. At its lowest point of this year, the

The post Crypto Market Recovers to $210 Billion, Tokens Surge as Ethereum Rises 4% appeared first on CCN

If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO

Pantera Capital officials continue to maintain an upbeat outlook for cryptocurrency amidst the current market downturn. In an ICO and digital asset funds conference call Tuesday, CEO and chief investment officer Dan Morehead said blockchains are the next step in the evolution of equity, while cryptocurrency is a superior form of currency. He called bitcoin … Continued

The post If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO appeared first on CCN

Bitcoin Price Intraday Analysis: BTCUSD Recovers on Weak Upside Promise

The Bitcoin market on Wednesday attempted a decent bullish recovery, extending the recent marginal gains to an impressive 10% upside from the previous lows. The Asian trading session witnessed an influx of buying orders in an attempt to pierce through $6,500-resistance. As we hiccuped through the European course, the bullish sentiment weakened and pulled the

The post Bitcoin Price Intraday Analysis: BTCUSD Recovers on Weak Upside Promise appeared first on CCN

Bitcoin and Ethereum Rise 6% as Market Rebounds During Dark Skies

Over the past 12 hours, Bitcoin and Ethereum have risen by more than 6 percent in value, but some analysts are still not convinced about the short-term trend of the crypto market. Generally Positive Sentiment The quick recovery of Bitcoin and Ether, the native cryptocurrency of the Ethereum network, has led the general sentiment of

The post Bitcoin and Ethereum Rise 6% as Market Rebounds During Dark Skies appeared first on CCN

Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume

Nic Carter, a well respected cryptocurrency researcher, has said that Bitcoin has surpassed the OTC gold market in settlement volumes, even amidst a 70 percent drop in its price. Bitcoin as a Better Medium of Exchange According to the clearing statistics of the London bullion market (LBMA), five major clearing members of the LPMCL including … Continued

The post Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume appeared first on CCN

Bitcoin Month Recap: BTC is Suffering but it’s Hanging in There!

bitcoin price watch

Bitcoin Price Watch: Yesterday saw Bitcoin (BTC) price fall to almost below $6,000. But what about today?

First, let’s recap the last month.

Bitcoin Price Watch: The Past Month

Mid-July was looking promising for the coin as it began a sudden bull-run which saw Bitcoin climb to a peak of around $8,450.

But typically reflective of this volatile marketplace, the highs did not last long and BTC has been on a steady downward climb since hitting the peak. Once August kicked in, it seemed any progress made in those impressive ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Why the Cryptocurrency Bubble is Reminiscent of Hodling Amazon Stock: CoinShares CSO

What a difference a few weeks can make. Just 21 days ago, the bitcoin price was trading above $8,400, riding what appeared to many to be the first wave of a new bull market. The bottom, the analysts said, was in. Now, midway through August, bitcoin is fighting just to hold above $6,000. The altcoin … Continued

The post Why the Cryptocurrency Bubble is Reminiscent of Hodling Amazon Stock: CoinShares CSO appeared first on CCN

Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the native cryptocurrency … Continued

The post Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion appeared first on CCN