These 3 Cryptos Could Drop to New Lows in December

These three cryptocurrencies could face more downside in December.

The post These 3 Cryptos Could Drop to New Lows in December appeared first on BeInCrypto.

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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.

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Long-Term Bitcoin Price Indicator Turns Bearish, Suggesting Bottom May Be In

Bitcoin likely bottomed out in December and could begin a new bull run this year, as a lagging indicator has turned bearish for the first time in four years.

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Bitcoin Price Looks North As Trading Volumes Hit 9-Month Highs

Bitcoin could revisit December highs above $4,200 in the near-term as the recent rally is backed by a surge in trading volumes.

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Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys.

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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash

For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.

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Bitcoin Price Isn’t Out of Danger Yet as Crypto Trader Points Out Could Be Last Time to Buy Whole BTC Coin

Bitcoin is currently down 81 percent from its all-time high at $20,000 in December 2017. At the time of writing, Bitcoin has been trading around $3,620. The leading cryptocurrency with a market cap of $63 billion recently took a hike of 7 percent.

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Ethereum (ETH) Price Could Reach $120 if the Bulls Keep Entering the Crypto Market

Ethereum, the third largest cryptocurrency could reach $120 in the near future. During the last few days, Ethereum (ETH) experienced an important increase after some positive news spread on the internet.

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Bitcoin Bull Tom Lee Predicted a $25,000 Milestone in December. His Firm Just Set a Target of $2,270 in Q1 2019

Fundstrat’s Tom Lee had predicted Bitcoin price to touch the $25,000-mark by the end of 2018. The November crash prompted the crypto bull to lower his prediction to $15,000. However, against the projections, the digital currency closed the year just shy of $3,800, according to CoinMarketcap.

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J.P. Morgan Analyst Predicts That Bitcoin Could See a Comeback

Bitcoin may have failed to escape its bear market yet; however, a JP Morgan analyst is claiming that a possible comeback could be ahead. On December 15, Nikolaos Panigirtzoglou made a bearish statement saying that financial institutions were losing interest in Bitcoin trading.

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Court Grants QuadrigaCX Bankruptcy Protection

Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX.

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Chipmaker Nvidia Could Have Masked Revenue Figures, Says Royal Bank of Canada Analyst

Chipmaker Nvidia has had a tough time since the cryptocurrency market crashed. In November Nvidia’s stock price dropped by 19% and then it fell by a further 50% in December. The cause was an excess inventory of Pascal cards they produced for cryptocurrency miners in anticipation of high demand.

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TRON Up by Over 100% in 1 Month: Can BitTorrent Token’s Success Push it Further Up?

In the past 30 days, the valuation of the crypto market dropped from $138 billion to $114 billion by $24 billion. Yet, TRON (TRX) recovered from $0. 0127 to $0. 0264, by well over 107 percent. Since December 17, in about five weeks, the Tron price demonstrated a strong gain against both Bitcoin and the U.

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Cryptocurrency: Yay or Nay?

Cryptocurrencies, such as Bitcoin, have had a roller-coaster past year or so. It seemed that they could do no wrong in 2017, with Bitcoin leading the way with a $20,000 USD valuation per token at one point in December.

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China’s scientific achievements are surrounded by secrecy – but this could change

China’s recent scientific achievements – including its embryo gene-editing research and historic moon landing – appear to be surrounded by secrecy. The global scientific community first learned about its experiments modifying the DNA of human embryos through rumors in 2015.

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New Tax Reform in China Could Help Cryptocurrencies Start Growing Again Says Primitive Ventures Founder

Bitcoin (BTC) and digital assets have been in a bear market since the beginning of January 2018. Indeed, Bitcoin lost more than 82% since its all-time high back in December 2017 when it reached $20,000.

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.

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Crypto Users Ponder if Ongoing Govt. Shutdown Will Prolong the Current Bitcoin Bear Market?

The US government shutdown has been going for about a month now. The shutdown that started on December 22, according to Bloomberg estimates could result in overall federal contractors losing as much as $200 million a day in delayed revenue or just lost.

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How 2018 became Facebook’s worst year in privacy and security

In early December, Facebook’s developer team declared the discovery of a security bug that gave developers access to photos users hadn’t shared on their timeline, including photos they had posted in Facebook Marketplace or Stories.

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This Bitcoin Startup Is Working on Free Speech Alternatives to Patreon

Patreon has been making the case for censorship-resistant money increasingly apparent. The platform allows members to contribute to artists or creators that they support.

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How much money could you make on three leading cryptocurrencies?

Despite the nervousness and a certain stagnation, cryptomarket still leaves opportunity for bold and calculating speculator. Even a simple confronted calculation gives very impressive values. From 1.

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Bitcoin Risks Return to December Lows After Price Drop to $3.5K

After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100.

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How a Shrinking Bitmain Could Destabilize Crypto Market Further

Bitmain Technology, the world’s largest crypto mining equipment manufacturing firm, is going to replace its chief operating officers Jihan Wu and Ketuan Zhan with a new appointee, reported the South China Morning Post.

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Ethereum (ETH) Long Term Price Forecast- January 12

ETH/USD Long-term Trend: Bearish Resistance Levels: $350, $370, $390 Support Levels: $120, $100, $90 The price of Ethereum had been in the bullish trend since on December 17. On January 1, the crypto’s opening balance had risen to the high of $136 but the bulls could not break the resistance at the $160 price level. […]

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[Fake News or Real Story] Is NEO’s Price Surge Related to Russia’s Rumors of a New Competence Center with Vladimir Putin’s Approval?

Although most cryptocurrencies are making some slow recovery from the price crash in December, some are showing better performance compared to others. No is one of the coins that has recorded some impressive improvement, surging over 20% this week alone.

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Ethfinex And Bitfinex Exchange Upgrades Could Increase Crypto Asset Volatility In The Market

Ethfinex And Bitfinex Upgrade Could Increase Volatility In The Market Volatility in the crypto market could increase on December 19. The Bitfinex and Ethfinex teams informed their users that there will be a network upgrade that could take between 3 to 7 hours.

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IOTA (MIOTA) Long-term Price forecast- December 29

IOT/USD Long-term Trend -bullish Supply zone: $0.8000, $0.9000, $1.0000 Demand zone: $0.1000 $0.0800, $0.0600 IOTA is still in a bullish trend in the long-term outlook. $0.4088 in the supply area was the high the bulls could manage to push the coin on 24th December before it lost momentum as exhaustion sets in with a bearish pinbar […]

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There May Be (Some) Tax Relief Options if You Sold Your Bitcoin at a Loss

For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet.

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Ripple (XRP) Price Analysis: Currency Could Be Breaking Out Anytime Soon

XRP/USD Medium-term Trend: Ranging Resistance Levels: $0. 38, $0. 43, $ 0. 46 Support Levels: $0. 33, $0. 28, $0. 22 XRP is on the ranging trend on the medium-term outlook. The bullish momentum placed the coin on the high of $0.

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Bitcoin Could Soon Become Legal in India

Owning and using Bitcoin could soon become allowed in India, as the second interdisciplinary committee appointed to vote on the legality of cryptocurrencies is in favor of legalizing it, the New Indian Express reported on December 26, 2018.

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UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem

United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U.

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Bitcoin Welcomes The Dow Jones Who Could Soon Enter A Bear Market Along Side Cryptocurrencies

Dow Jones Could Soon Enter A Bear Market Traditional financial markets are experiencing a very bad end of the year. The Dow Jones has fallen around 18.77% in just a few months. It achieved an all-time high of 26,828 points back in October and it fell down to 21,792 on December 24, registering an intraday […]

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Bitcoin (BTC) Daily Price Forecast – December 25

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,700, $3,600, $3,500 Yesterday, December 24, the price of Bitcoin was in a bullish trend. The crypto’s price was fluctuating above the $4,000 price level and also above the 12-day EMA.

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US Congressmen Introduce Bill To Exempt Crypto From Securities Law

A couple of Congressmen in the United States are trying to get an exemption for cryptocurrencies from securities law. If successful, it could signal a paradigm shift in the US regulatory climate as far as virtual currencies are concerned.

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Ethereum Price Analysis: The Bulls Are Holding Strong, ETH Next Stop Could be $131

Supply levels: $121, $131, $151 Demand levels: $109, $98, $82 ETH/USD Medium-term Trend: Bullish On the medium-term outlook, ETH/USD is in an uptrend. ETH bottomed at $82 demand level on December 15 due to bears’ momentum.

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Sold! Lightning Network Art Auction Goes to the Lowest Bidder

Yesterday, an auction was held by cryptocurrency and blockchain artist @cryptograffiti for a piece titled “black swan,” which the artist made using “fiat and counterfeit detector pen ink.

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Bitcoin Price Is Inching Closer to $4000, Was $3200 the Bottom?

It has been a tough year for Bitcoin, however there is a light at the end of the tunnel as the recent drop could be the bottom for the crypto. After hitting the yearly low of $3193 on December 15th, the market rebounded sharply and has been on a bullish rise ever since.

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Western Union Claims to Be Technologically Ready for Cryptocurrency Adoption

In a press release and accompanying video posted on YouTube, financial services company Western Union has expressed interest in adopting blockchain technology and cryptocurrency. The video published December 17, 2018, features President Western Union Global Money Transfer, Odilon Almeida, as saying that the company could be uniquely positioned to take digital currency usage and adoption mainstream.

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Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals

Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Bitcoin SV (BSV) Daily Price Forecast – December 19

BSV/USD Medium-term Trend: Bullish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD is in a bullish trend in its medium-term outlook. The bearish pressure after a drop to $76.50 in the demand area was weak and could not sustain the downward journey hence the bulls returned. The bullish engulfing candle at to […]

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MONERO (XMR) Daily Price Forecast – December 17

XMR/USD Medium-term Trend: Bullish Resistance levels: $44, $46, $48 Support levels: $36, $34, $32 The XMR/USD Medium-term trend could now be said having a bullish outlook as a formation of Japanese bullish candlestick has occurred to break the Bollinger Middle Band northwards today.

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Bitcoin Price Now Hinges On 50-Month Moving Average

BTC traders were concentrating on one metric in particular this week as Bitcoin price slowly slides towards $3000. Bitcoin’s ‘All Over’ Scenario The largest cryptocurrency had recovered from fifteen-month lows over the weekend around $3130 to trade around $3200 at press time December 17.

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Ohio Congressman Suggests “WallCoin” for Donald Trump’s U.S.-Mexico Border Wall

A Republican representative from the 8th District of Ohio has suggested that blockchain technology could be the answer to Donald Trump’s long-standing desire to build a wall along the U. S. -Mexico border.

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European Parliament calls for measures to boost blockchain adoption in trade

The European Parliament (EP) has called for measures to boost blockchain adoption in trade and business across the region, Coindesk reported. On December 13, the legislative body adopted a resolution, dubbed “Blockchain: a forward-looking trade policy,” setting out how the nascent technology could improve EU trade policies, including free trade and mutual recognition agreements. The […]

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Bitcoin (BTC) Daily Price Forecast – December 13

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,400, $3,300, $3,200 Yesterday, December 12, the price of Bitcoin was in a bullish trend. The bulls took price to the high of $3,594.

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The World’s First ERC-20 and Bitcoin Atomic Swap Has Taken Place

At the December 7, 2018, TenX Summit, a group of developers showcased an industry first: an atomic swap between a non-native asset, TenX’s PAY token, and a native asset, bitcoin.

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The Lightning Network's First ERC-20 to Bitcoin Atomic Swap Has Taken Place

At the December 7, 2018, TenX Summit, a group of developers showcased an industry first: an atomic swap on the Lightning Network between a non-native asset, TenX’s PAY token, and a native asset, bitcoin.

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Coinbase Maintenance Schedule Could Have Been Behind the $3 Billion Worth of BTC Transfers Last Week

The first week of December saw one single user send 856,000 bitcoins in batches of 8,000 to 107 separate… The post Coinbase Maintenance Schedule Could Have Been Behind the $3 Billion Worth of BTC Transfers Last Week appeared first on Invest In Blockchain.

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