Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply

Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.

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Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K

Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.

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Bitcoin Falls as Stocks Roil on China’s Property Crisis

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Bitcoin Dropped After China FUD?Analyst Explains Why It's a Nonissue

The price of Bitcoin dropped after the Chinese police disclosed the seizure of $4.2 billion worth of cryptocurrencies. But analysts say it is not so relevant

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Bitcoin's price surge has depleted long-term hodlings

A week ago, Bitcoin dropped by 8 percent in an hour, minutes after it surged over $12,000 for the first time in 14 months. On August 2, between 0400 to 0500 UTC dropped from $12,000 to under $11,000 aThe post Bitcoin's price surge has depleted long-term hodlings appeared first on AMBCrypto.

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Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000

Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX. The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target. The said MA in December 2018 had capped the asset’s downtrend from flourishing.

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All Roads Lead To Bitcoin (BTC) Price Dropping Back Down

After the first week of trading sideways, Bitcoin has started slowly making its way downwards. From $7,500 on Dec. 9, today, we dropped to $7,072. As Bitcoin turns red, altcoins follow the world’s leading cryptocurrency and register loses.

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Bitcoin Drops from $8.4K to $8.1K, Top 20 Coins See Red

Crypto markets have failed to continue recovery trend as Bitcoin dropped from its intraday high of $8,400 to $8,100

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Bitcoin’s Price May Be in the Gutter, But BTC Transactions Volume and Activity Per Day is Rising

Bitcoin has been in a bear trend during 2018. Its price dropped from $20,000 in December 2017, to $3,250 a few months ago in December 2018. During the hype, there was an irrational exuberance that created a bubble effect.

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Bitcoin Drops 5% Igniting Another Crypto Market Dump

Cryptocurrency markets have been rather static for the past few weeks. Total capitalization has been stuck in a channel hovering around $220 billion for around three weeks. That all changed a few hours ago when markets crashed again as they lost almost 7% in a couple of hours.

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Bitcoin Drops $400 in 30 Minutes As Price Volatility Returns

Bitcoin, the world's largest crypto by market capitalization has dropped 4.77 percent, pushing prices well below $6,400 for the first time in weeks.

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Bitcoin Mysteriously Drops 5 Percent to $6,250: What Caused the Abrupt Decline?

On Oct. 11, the price of Bitcoin dropped from $6,750 to $6,250, within minutes. The dominant cryptocurrency experienced a massive sell candle which saw traders dump BTC from $6,550 to $6,250 in a 10-minute period.

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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?

The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China.

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ICO Activity Down 90% This Year, Research Shows

An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm.

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Is Soujia Boy A Fan Of Bitcoin?

“I made 100 racks off of Bitcoin” Another reference for Bitcoin entering the pop culture world. Soulja Boy’s latest album, Young Drako, which dropped on 4th October has 14 fresh tracks from the rapper including one titled, ‘Bitcoin’.

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Bitcoin Cash (BCH) Daily Price Forecast – October 8

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH is in consolidation in its medium-term outlook. The railroad formation at $516. 20 in the supply area dropped the cryptocurrency to $505.

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Bitcoin Price Watch: Currency’s Volatility Has Seemingly Dropped

Bitcoin is unchanged over the last 48 hours and is still trading for roughly $6,500. The price is virtually unmoving, as during yesterday’s price piece we discussed the long “sideways” trend it was following.

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Legendary Artist Soulja Boy Enters Crypto World With “Bitcoin” Rap

Soulja Boy Hops Onto Bitcoin Bandwagon With A Track “Watch him crank it, watch him roll,” claimed crypto investors, as Soulja Boy, a world-renowned, critically-acclaimed American artist, dropped a track on cryptocurrencies, arguably one of the hottest trends of the past two years.

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Bitcoin Expert Warns Of A Looming Drop

Yesterday, the price of Bitcoin dropped below the $6,500 mark as it fell below a key price point. According to this crypto expert, this is a sign that there is a looming drop round the corner for the crypto… Despite only a small drop, the price of Bitcoin fell below a crucial price point which is known as a ‘horizontal support’ which could very well be a sign that a significant drop is going to happen.

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Bitcoin Price Watch: Is the Currency Likely to Drop in the Coming Days?

At press time, the father of cryptocurrency has dropped below the $6,500 mark and is now trading for $6,471. This means the currency has now lost approximately 54 percent of its value since the beginning of the year, and market players – particularly bitcoin-based hedge funds – are really starting to feel the heat.

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Lyn Ulbricht Speaks Out on the Anniversary of Her Son’s Incarceration

On the most recent episode of The Tatiana Show, host Tatiana Moroz opened with an interview with Lyn Ulbricht, leader of the Free Ross campaign, to deliver some recent updates with the struggle to petition the carceral state for his clemency.

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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects

Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets.

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US Bitcoin Investment Trust Drops to Lowest Levels in a Year

The only U. S. Bitcoin investment trust, GBTC, has dropped to its lowest levels of the year — down 10% last week alone. Bitcoin’s current price certainly has an effect, but these levels are more-so a response to a combination of other factors: high fees associated with the fund, investor attraction from GBTC competitors, and regulatory.

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Analyst: Bitcoin Trading Has “Almost Become Boring”

Following the cryptocurrency market fever of late 2017, volatility in Bitcoin has dropped to a point that it has almost become boring, according to Element Digital Asset Management, a firm that delivers advisory, trading, treasury, technology, and asset management services for the digital asset capital market.

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Joe Crypto: The Day The Market Stood Still

The movement on the cryptocurrency market today has been largely glacial; most of the big contenders barely registered a flicker in the last 24 hours. Bitcoin dropped 0. 43% and Ethereum shed 1.

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Bitcoin Cash (BCH) Daily Price Forecast – October 2

  BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH continues in the range in its medium-term outlook. The bears' pressure briefly took control of the market and dropped the cryptocurrency at $519.

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Bitcoin Price Watch: Currency Could Travel in One of Three Directions

At press time, bitcoin is still trading in the $6,500 range. This is good news in the sense that bitcoin hasn’t dropped any further, though it’s always a little disappointing to see such an entity that can offer so much stay as it is – especially when we all know it could be doing better.

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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited.

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New Impact Ledger to Raise Awareness of Blockchain Projects for Social Good

The Blockchain Trust Accelerator (BTA) has received a six-figure grant from the Social Alpha Foundation (SAF) to build its latest project known as The Impact Ledger, an online registry of blockchain projects designed to assist in the public, nonprofit and for-profit sectors.

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Bakkt Confirms Launch of Physically Settled Bitcoin Futures

InterContinental Exchange-owned Bakkt has dropped the bombshell confirmation that its first products will be physically delivered Bitcoin futures contracts, which will be traded against fiat currencies including the US dollar, Great British Pound, and the Euro.

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Bitcoin Price Watch: Has Volatility Seemingly Dropped?

At press time, the father of cryptocurrency is up by roughly $200 and is trading for about $6,515. It appears the currency isn’t as vulnerable as originally thought, and still has some fight left in its gut.

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Op Ed: The Adoption Fallacy of Decentralized Applications

It’s no secret that DApps have struggled to achieve adoption; in fact, according to stateofthedapps. com, the most popular DApp currently has just 1,811 daily active users (DAUs).

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XRP Back Among Top-Performing Cryptocurrencies With 20% Price Gain

XRP has appreciated approximately 20% over the past 24 hours. XRP had a stellar performance last week moving from $0. 27 to a high near $0. 80. With a turnaround occurring across the market, XRP was no different and dropped back down to $0.

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Ether [ETH] to Return Back Below $200 After 20% Drop?

Last week saw bullish movements in the market leader Bitcoin and Ether outperformed for the first time since it’s sharp drop to yearly lows near $170. However, with Bitcoin undergoing bearish movements this week, Ether is back to recording sharp depreciation.

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Bitcoin (BTC) Price Analysis: Short-Term Channel Intact So Far

Bitcoin is trading inside an ascending channel on its 1-hour chart and has dropped down to support. The post Bitcoin (BTC) Price Analysis: Short-Term Channel Intact So Far appeared first on Ethereum World News.

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Bitcoin Price Watch: Price Falls, but Trends Remain High

At press time, the father of crypto has dropped by roughly $100 and is trading for approximately $6,680. Overall, this has been a relatively positive week for the master of cryptocurrencies. While the price may be down for the time being, the asset did manage to retain its $6,700 price range for several days.

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The Good, the Bad and the Ugly Details of One of Bitcoin’s Nastiest Bugs Yet

For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.

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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts

When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers.

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Bitcoin Price Watch: Is $6,500 Imminent?

At press time, bitcoin is trading for just shy of $6,400. While it’s good news that the currency hasn’t dropped any further than it already has, it’s disappointing to see bitcoin stay where it’s been over the past few days and refuse to budge.

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Bitcoin Cash (BCH) Daily Price Forecast – September 20

BCH/USD Medium-term Trend: Ranging Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH continues in the range in its medium-term outlook. The strong bearish pressure within the range dropped the cryptocurrency initially to $417.

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Europol: Criminals are still using Bitcoin, but ISIS loves ZCash

Europol has found that Bitcoin is still the chosen cryptocurrency of the internet underworld. The insight comes from Europol’s latest Internet Organised Crime Threat Assessment (IOCTA) report.

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Has Ether [ETH] Price Reached the Bottom?

Ether has been on a prolonged downward spiral during 2018. Price has dropped from above $1400 in January to lows of below $200. At the start of the year, many analysts would have deemed such a drop near impossible.

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8 Surprising Findings from New York’s Virtual Markets Integrity Initiative

A lot of cryptocurrency traders are sick of hearing about “manipulation”. They just want to buy and sell bitcoin in peace, without Twitter accounts such as Bitfinexed banging on about unnatural market movements.

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Bitcoin Hashrate Soars while Ethereum Sees Drop in Mining Activity

Figures show BTC miners have stepped up their activity in recent months, while the ETH hashrate has dropped along with the coin’s price.

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Bitcoin Magazine’s Week in Review: Making Strides Across Industries

Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.

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Tron [TRX] Returns Toward $0.02 After Sell-Off

The recent sell-off across the cryptocurrency market saw Tron drop below $0. 02. Price dropped from $0. 027 to around $0. 017, a huge 37% decline. With prices starting to increase, the price of Tron is back approaching $0.

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Crypto Market Cap Falls to Lowest Level Since Nov 1, Bitcoin Dominance Close to 58%

Cryptocurrency market capitalization has dropped to the lowest level since November 1, 2017. At that time, the market was in the middle of an aggressive bullish trend led by Bitcoin.

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Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114. 615 BTC and BCH, among other forks, – worth over one billion dollars – moved coins for the first time in four years, which many took as a sign that the wallet holder was about to cash out.

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Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s.

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