Bitcoin is in dangerous position as demand dries up 

Bitcoin (BTC) finds itself in a critical position, experiencing a decrease in demand despite a recent break above the $28,000 price level. This prevailing bearish scenario provides no substantial backing for the asset’s current price movement to counteract further declines.…

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Bitcoin: Everything latest you need to know before taking long position

Bitcoin [BTC] went as low as $17k in 2022, shedding more than 70% from its all-time high. This prompted many crypto pundits and analysts to announce the beginning of the crypto winter, which would impThe post Bitcoin: Everything latest you need to know before taking long position appeared first on AMBCrypto.

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Covering Bitcoin's Spot And Derivatives Market Dynamics

What do the futures perpetual funding rate and long-term holder position change tell us about the bitcoin price?

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Chainlink in a 'relatively good' position to benefit from upcoming Bitcoin rally

The past few days have been pretty decent for most alts. Despite the inadequate support received from Bitcoin, they've been able to carry forth their respective rallies. Take the market's 12th largestThe post Chainlink in a 'relatively good' position to benefit from upcoming Bitcoin rally appeared first on AMBCrypto.

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Ray Dalio Now Considering a Long-Term Bitcoin Position

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Bitcoin hodlers' inability to strengthen position may have caused sell-off

The Bitcoin sell-off on 12 March took many by surprise. On the bright side, it opened up a major door for investors, allowing them to register a significant position in the market after Bitcoin wasThe post Bitcoin hodlers' inability to strengthen position may have caused sell-off appeared first on AMBCrypto.

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Bitcoin's credibility, resistance to change strengthens its position against altcoins

Whenever people think crypto, Bitcoin's mention automatically pops up. There is no question about the fact that Bitcoin has led the way for the development of the digital assets industry. However, The post Bitcoin's credibility, resistance to change strengthens its position against altcoins appeared first on AMBCrypto.

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Market Update: Bitcoin Stalls At $9,300 As Altcoins Continue To Decline

Bitcoin after surpassing the $9,000 position, is meeting major resistance around $9,300. Earlier in the week, Bitcoin climbed to hit a high of $9,300 before meeting major resistance and pulling back to hold just a little above $9,100.

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Bitcoin (BTC) Briefly Breaches $8,300 As Altcoins Turn Red

Bitcoin has in the last couple of hours successfully climbed as high as $8,300. This came after the asset broke the $8,250 resistance position, fueling the move to $8,300. The position, however, lacked strong support and the asset slipped back below it shortly.

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Bitcoin Falls To The $5,800 Position As Binance Loses Over 7,000 BTC in Latest Hack

Bitcoin after rallying as high as $5,980 yesterday has witnessed a pullback at the start of the day. The pullback has seen the coin drop to the $5,800 position and the digital asset is currently struggling to stay above that price level.

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XRP, Ethereum (ETH) in Position for Big 2019

Cryptocurrency, Ethereum (ETH), XRP–While the crypto markets limp into the final week of 2018, down over $700 billion since the start of the year, some optimism is brewing for the industry in 2019 and beyond.

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Bitcoin [BTC] Showing Great Stability Amidst Bearish Pressure

Throughout the festivity, bitcoin has remained stable, securing a support position above $3,600 and resistance position a little over $3,800. Although the coin has in several instances over the past couple of days rallied to hit $4,000, price corrections have seen the coin settle on the $3,800 position.

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Bitcoin Price Watch: Currency Testing $4,200 Resistance Level

At press time, the father of cryptocurrency is trading for just under $4,000 and sitting at $3,976. What we can take from this is that while the present position is providing bitcoin with a few struggles here and there, the currency, for the most part, is working hard to maintain its stance.

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Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs

Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, wild ideas and an inability to sell technologies has made Consensys’ position financially precarious.

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Whale Spotted: 20 Million XRP Moved To Bitstamp

Things have started happening very fast at a time when the crypto market seems to be backing up from the recent onslaught by the bear force, and XRP is gaining good traction as it maintains its marketplace at position two right behind Bitcoin.

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Trader Mark Dow Finally Closes Bitcoin Short Position Held Since Last Year’s High

In December 2017, Bitcoin, the world’s first and largest cryptocurrency was moving towards its all-time highs, but economist Mark Dow acted against the tide. He shorted Bitcoin, and now, almost a year after the events, when Bitcoin has fallen over 80 percent from its highs, Dow is finally closing his trade.

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The Unflappening, Bitcoin Cash Leaves Litecoin to Roost

Bitcoin Cash has reclaimed its position above Litecoin, by market capitalization, following meteoric gains in sync with the latest market upswing. Roger Ver can once more claim crowing rights from Charlie Lee.

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Former IMF Economist Mark Dow Closes $14K BTC Short

Mark Dow, a hedge fund manager and former International Monetary Fund economist, has publicly announced that he has closed his BTC short position. Based on his blog, it appears that Dow likely entered the trade when BTC was trading at around $14,000.

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Litecoin’s [LTC] Flappening over Bitcoin Cash Failed: BCH Takes Over

On Dec 17th, our team at EWN reported on Litcoin’s standing-out performance during which the counter-part of Bitcoin welcomed double digit gains when all virtual assets were victims of the market plunge.

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The trader who started shorting Bitcoin (BTC) at its top just closed his position

Mark Dow, a former International Monetary Fund economist who manages a family office in Southern California, has closed his short position on Bitcoin almost a year after opening it at the height of the crypto’s meteoric rise.

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EOS Claims Number Four Cryptocurrency Position With Over 40% Surge

EOS is the top performer in the top ten cryptocurrencies over the past 24 hours. The smart contract platform has risen from around $1. 8 to over $2. 6 over the past four days, an over 40% increase.

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Japanese Financial Regulator Classify Cryptocurrencies as “Crypto-Assets” to Ward off Consumer Misunderstanding

Japan’s financial regulator has established a classification for cryptocurrencies that are traded online like money, this according to a report from The Japan News on December 15, 2018.   Avoiding Confusion According to the article, the nation’s Financial Services Agency (FSA) has decided to position bitcoin and other cryptocurrencies under the category of “crypto-assets.

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Andreas Antonopoulos On BTC Lightning Network: LN Is A Second Layer Network, Not A Sidechain

Andreas Antonopoulos, one of the most respected Bitcoin advocates and author of Mastering Bitcoin has recently come out strongly to defend the position of the Lightning network when asked whether it was a second layer or a sidechain.

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Charlie Lee’s Litecoin Prediction Comes True as LTC Rises Above BCH and BSV Tokens to 7th Spot

Litecoin Rises Above BCH and BSV Tokens to Seventh Position, Fulfilling Creator’s Prediction The cryptocurrency market is a fluctuating place, though the top 10 cryptocurrencies by market cap often maintain the same order, even as their prices change.

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Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018

Linkedin has published its 2018 “Emerging Jobs Report” for the United States, in which it names “Blockchain Developer” as the most rapidly emerging employment position of the past year.

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Bitcoin Cash (BCH) loses 7th position to Litecoin. How long is the BCH Downturn going to last?

Litecoin, the former number 8 cryptocurrency by market capitalization has moved up one position to take the place of Bitcoin Cash (BCH). The change in position happened following a consistent decline by BCH since the November 15th hardfork.

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Linkedin Report Crowns “Blockchain Developer” as the Top Emerging Job of 2018

A blog post published by employment service LinkedIn on December 13, 2018, has revealed that blockchain development related jobs have skyrocketed in popularity throughout 2018. In its annual Emerging Jobs Report, LinkedIn noted that the number of jobs for “Blockchain Developer” in the United States grew 33x in the past year, more than any other position.

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President Trump Appoints Bitcoin Proponent as White House Chief of Staff

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.

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Bitcoin (BTC) Stable At $3,400: Analyst Compares Crypto With Dotcom Bubble

Bitcoin Stable At $3,400, Altcoins In Similar Position  Interestingly, after a multi-week bout of lower lows, the crypto market at large stabilized on Tuesday and Wednesday, as Bitcoin (BTC) found itself trading in a tight range between $3,300 and $3,500.

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Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli tax regulator has opened hundreds of tax accounts and sent letters of notice to Israeli citizens suspected of failing to disclose earnings derived from cryptocurrency-relate activities.

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Former Congressman Ron Paul Accuses U.S. Fed of Manipulation; Urges Cryptocurrency Detaxation

Former presidential candidate Ron Paul published an article titled “Trump Is Right, the Fed Is Crazy” in November 2018, pointing out for the immediate detaxation of cryptocurrencies and precious metals in the United States.

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$1 Million BTC Options Position Set to Expire on Dec. 28

Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017.

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Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.

Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U. S. at the forefront of innovation within the digital asset industry.

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Bitcoin SV and Bitcoin Cash Jockey For Position as Crypto Markets Crumble

Crypto markets have been pounded again as a red Friday rout sees $15 billion more leaving the space. Nearly all digital currencies are in a world of pain, plunging to their lowest levels in almost 18 months.

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Ripple’s XRP Drops With Market Leader Bitcoin [BTC]

The largest altcoin by market cap, Ripple’s XRP, has been closely mirroring the performances of the market leader Bitcoin. Bitcoin which represents around 54% of the entire cryptocurrency market cap has a large impact on altcoins with its movements.

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Ripple’s XRP Trades at Key Level After Bearish Movements

For the majority of 2018, Ethereum had been the largest altcoin by market cap. The bearish market movements which took place recently resulted in Ripple’s XRP overtaking it for the position of largest altcoin and second largest cryptocurrency by market cap.

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Former Israeli Prime Minister Ehud Barak Attacks Bitcoin As A “Ponzi Scheme”, Praises Blockchain

The creation of Bitcoin was a revolutionary shock to the financial system. The limited number of tokens makes them elusive, and their reign as the top cryptocurrency by market cap has even earned them a position as the household name for the industry.

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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.

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Bitcoin Price Analysis: BTC/USD Trends of December 3–9, 2018

CoinSpeaker Bitcoin Price Analysis: BTC/USD Trends of December 3–9, 2018 The traders should watch out for the breakout before taking the position. Should the bulls defend the $3,949 price level, the Bitcoin price may rally to the north and have its target at $5,084 - $5,667.

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Bitcoin Price Watch: Analyst Says It Will Be a Long Time Before Bitcoin Recovers

Bitcoin has fallen by roughly $200 since our last price piece, but the father of crypto is still managing to retain a position in the $4,000 range. Overall, it’s been something of a mixed time for bitcoin.

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“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering.

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Ethereum Founder Vitalik Buterin Receives Honorary Doctorate

Vitalik Buterin left academia four years ago to pursue a career in crypto. Now, the Ethereum founder’s contributions to the industry (and the computer science field at large) have earned him an honorary Ph.

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CV Market Watch™: Weekly Trading Overview (23-30 November)

Bitcoin has managed to recover to $4,000, but its position remains precarious, as selling pressures could easily lead to the price unraveling.

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Barry Silbert Believes Bitcoin Cash Fork Is Distracting And Splintering The Crypto Community

Digital Currency Group’s Founder Barry Silbert has taken a position on the bitcoin cash fork, sating that it was a “disservice” to the industry. Silbert also appeared on CNBC “Squawk Box” to elaborate on the fork and the factors that could be influencing bitcoin’s depreciation.

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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better

After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market.

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Bitcoin SV (BSV) Enters the Top 10 Crypto Market on CoinMarketCap at #7 Coin

It seems that there is a new virtual currency in the top 10 that CoinMarketCap displays. Bitcoin SV (BSV) is now the 8th largest virtual currency with a market capitalization of $1. 81 billion dollars.

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Bitcoin Cash [BCH] Among Top Performers in Past 24 Hours

After a volatile weekend in the cryptocurrency markets, Bitcoin Cash is among the top performers over the past 24 hours. The fourth-ranked cryptocurrency had undergone a severe depreciation after a controversial hard fork.

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Paraguay Endorses Plan to Build the World’s Largest Bitcoin Mining Farm

The government of Paraguay and the Blockchain Technology Foundation “Commons Foundation” recently signed an agreement that will serve as a basis for the construction of the world’s largest mining farm in a concerted effort to position the country as a reference in terms of technological innovation.

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Bill Allder Joins Enterprise Ethereum Alliance As New Head of Business Development

Bill Allder was recently appointed as the new business development head and sales manager of the Enterprise Ethereum Alliance (EEA). His role will be to increase the worldwide footprint of the EEA and promote the growth of their global membership.

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