Bitcoin Price Sparks Altcoin Bloodbath As Ripple CTO Quietly Dumps XRP

Bitcoin price suddenly fell $150 April 24 in an abrupt end to its latest bullish advance which has triggered a major altcoin sell-off. Bitcoin Price Corrects From 2019 High Data from cryptocurrency exchange Bitstamp, which traditionally offers a more conservative reading Bitcoin price, puts the largest cryptocurrency at $5470 as of press time Wednesday. The current levels come after BTC/USD lost…

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Bloody Wednesday: Altcoins Are Crashing To The Surging Bitcoin Dominance

The index which measures Bitcoin’s relative strength in the overall market capitalization, BTC Dominance, has been increasing steadily throughout the past few days. Currently standing at 54.7 percent, BTC is regaining control while altcoins are bleeding out. Bitcoin Takes Control 2019 has been a good year for Bitcoin so far. The price increased by around […]
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Bitcoin Can Become a $5 Trillion Asset by 2024, Says Anthony Pompliano

Anthony Pompliano of Morgan Creek Digital believes Bitcoin is in a unique position to experience parabolic growth within the next five years, taking its market capitalization to $5 trillion. Bitcoin Set for Parabolic Growth In a tweet published on Monday (April 22, 2018), Pompliano identified Bitcoin as the only sub-trillion-dollar asset that looks capable of increasing by as much as 50…

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Why Moving to Texas Could Give Bitcoin Miners Maximum Profit

Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money.  Texas ‘Energy Waste’ Rises 85% According to a recent Bloomberg report, America’s Permian Basin, a…

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5 Big Reasons Why Bitcoin Can Never Be Banned

Most countries around the world are scrambling to regulate Bitcoin. Some, like Bolivia, Egypt, and Saudi Arabia, have even tried to outright ban it. The problem is, no matter what regulators say, there are four major reasons why Bitcoin is unbannable. 1. Laws Can’t Be Written Against Bits and Bites There’s a saying in the Bitcoin community that you still hear…

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Which Coin Had Gained 4500%? Crypto Weekly Update: Bitcoin’s 2019 High, South Korea’s Back, Bakkt and More

Following last week’s correction, Bitcoin started yet another cycle as the enthusiasm around Initial Exchange Offerings (IEOs) continues and more exchanges are stepping in. However, it’s important to determine whether the current price action will be beneficial for the cryptocurrency market in the long-term or if the current hype will fade-away just like it did […]
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal

An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.6 percent stake in Nexon, South Korea’s largest game developer and…

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Crypto Price Analysis & Overview April 24: Bitcoin, Ripple, Ethereum, Sia and Chainlink

Bitcoin Bitcoin breached all resistance levels, including that identified at the $5,500 level. The 50MA crossed the 200MA which is a technical indicator that traders tend to take into account, this is known as a Golden Cross. The support is currently found at $5,300, while resistance lies at $5,630. If the latter is breached, there […]
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Bitcoin Forms First ‘Golden Cross’ Since 2015 Price Bottom

For the first time since 2015, the Bitcoin price action has formed a “golden cross” pattern providing yet another signal that BTC is in a bull market. It also broke through the $5,600 price mark, setting a new 2019 high. Golden Cross: Another Bullish Signal for Bitcoin A golden cross chart pattern has formed for Bitcoin with the 50-day moving average…

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Editor’s Pick: Top 5 Cryptocurrencies to Watch in 2019 Besides Bitcoin

Now we can safely say that 2019 has been fairly positive for the majority of the cryptocurrencies. April is so far a month of fantastic gains, seeing Bitcoin (BTC) rising more than 35 percent so far. The market added a total of $40 billion in less than 30 days, while many altcoins surged. Having said […]
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