2019-8-19 12:00

Despite the fact that Bakkt finalized a launch date for its much-ballyhooed Bitcoin futures, the cryptocurrency market has failed to rally. Per the time of writing this, the leading crypto asset is currently trading for $10,150 a piece, down 2% in the past 24 hours.

Altcoins have followed suit, posting near-identical losses as bulls have. . .

The post Bitcoin Dropping Under High $8,000s Now “Highly Unlikely”: Here’s Why appeared first on NewsBTC.

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Источник: newsbtc.com

Bitcoin may turn things around in March as drop below $8255 seems unlikely

After dropping under $8800 on 27th February, Bitcoin has consolidated above $8400 over the past 4 days with its valuation priced at $8629 at press time. The support levels at $8400 were tested but BTCThe post Bitcoin may turn things around in March as drop below $8255 seems unlikely appeared first on AMBCrypto.

Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst

Crypto-trader and Blockroots co-founder, Josh Rager, believes it is highly unlikely we will see bitcoin price nosedive straight to $5k. Whilst he doesn’t rule out a drop to this level, in his opinion “there would be bounces in between.

Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests

Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

RBA Official Predicts Bitcoin Will Struggle in Australia

A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value.

Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

Mastercard Wants Bitcoin, But Not For The Reasons You Might Think

Mastercard are notoriously one of the worlds biggest payment providers and thus, wealth’s of the crypto-community dream that one day, Mastercard will allow for cryptocurrency payments and transfers.

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Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance

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AO ‘supercomputer on Arweave’ blockchain fair launch set for June 13

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Is Semler Scientific Adopting MicroStrategy’s Bitcoin Treasury Playbook?

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Mastercard Crypto Credential Launches with "First Peer-to-Peer Pilot Transactions"

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Cathie Wood chooses Bitcoin over Ethereum, ‘Hands Down’

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Bitcoin Dropping Under High $8,000s Now “Highly Unlikely”: Here’s Why

2019-8-19 12:00

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