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Bitcoin Analyst Identifies $6000 as a Likely Bottom.

The Bitcoin price appears very close to reaching a bottom. A confluence of support areas suggests that the bottom will occur near $6000. Even though yesterday the market experienced a rapid decrease, the current trading pattern and long-term support lines indicate that Bitcoin should be close to reaching a bottom. origin »

XRP records a two-year low as coin stands still at $0.20.

As 2019 commenced, most major cryptocurrencies rallied to the tune of Bitcoin [BTC] and so did XRP. However, while most major altcoins reported a positive YTD returns, XRP  failed to register positivThe post XRP records a two-year low as coin stands still at $0.20 appeared first on AMBCrypto. origin »

Breaking: Bitcoin Plunges to $6,600 as Week Closes Red.

On Saturday, Bitcoin bulls were afforded a glimmer of hope as the cryptocurrency jumped 8% from the Friday low of $7,400. Though, this hasn’t lasted. As of the time of writing this article, BTC has just tapped $6,600 — the lowest the cryptocurrency has traded at since the middle of May earlier this year —. origin »

DEX week-over-week trade volume soars by 105%.

CoinMarketCap rightly predicted this year to be the year of decentralized exchanges [DEX]. There has been an overall improved sentiment toward these platforms. According to the latest development sharThe post DEX week-over-week trade volume soars by 105% appeared first on AMBCrypto. origin »

JPMorgan Tests Blockchain Solution To Track Automobile Inventory.

JPMorgan Develops Blockchain Solution For The Automotive Industry The patent describes a blockchain lending system that would allow car companies to handle car loans and their inventories. It is worth mentioning that each of the cars in the market has an individual vehicle identity number (VIN). In this way and with the help of a […] origin »

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Libra Testnet Fails to Impress as New Legislation Looms.

A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did was ridiculously stupid,” going on to call the announcement and approach […] The post Libra Testnet Fails to Impress as New Legislation Looms appeared first on Bitcoin News. origin »

Bitcoin (BTC) Price Nears Possible Short Term Bottom At $6.5K.

Bitcoin price is declining and approaching the next bearish target of $6,500 against the US Dollar. The price is down close to 10% and it seems like the bears are targeting $6,500 or $6,400. There is a new connecting bearish trend line forming with resistance near $7,010 on the hourly chart of the BTC/USD pair. origin »

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