Day: March 27, 2019

Exclusive: Should We Really Long Bitcoin, Short Wall Street? Crypto CEO Weighs In

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Following news that CoinFLEX raised millions from Digital Currency Group and other crypto-centric investors, NewsBTC got the chance to sit down with the startup’s chief executive, Bitcoin veteran Mark Lamb. If you want to hear what he has to say about Bitcoin, Anthony Pompliano’s popular catchphrase, what he sees is tantalizing about crypto, and what CoinFLEX really is doing for this space, look no further. We covered a number of topics, but a common theme was clear: believe it or not, Bitcoin will return… eventually. What Does Mark Lamb Think…

Bull Return? Bitcoin Again Rebounds From Strong Price Support

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View Bitcoin has again created a higher low along the 30-day moving average line, neutralizing Monday’s bearish close below $3,920. A move above $4,055 (March 21 high) is still needed to revive the short-term bullish setup. That could be followed by a rally to resistance levels lined up at $4,190–$4,236. A UTC close below the 30-day moving average, currently at $3,889, would put the bears in a commanding position, opening the doors for a drop to support levels at $3,775 (March 14 low) and $3,658 (Feb. 27 low). Bitcoin (BTC)…

EOS and ADA Surge as Bitcoin Recovers to $4,050: Factors Behind the Rally

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In the last 24 hours, the bitcoin price recovered beyond the $4,000 mark as alternative cryptocurrencies in the likes of Cardano (ADA) and EOS surged by more than 10 percent on the day. The price of bitcoin has slightly increased in the past 24 hours (Source: Coinmarketcap.com) Many tokens and crypto assets including Nuls, Wanchain, Ontology, Crypto.com, OmiseGo, and others have increased by 5 to 15 percent against both bitcoin and the U.S. dollar, demonstrating strong momentum. Strong Movement of Alternative Crypto Assets Was Crucial For Bitcoin On Wednesday, a…

TRON Founder Justin Sun Mocks Vitalik Buterin in Ethereum Death Jab

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Ethereum co-founder Vitalik Buterin is once again on the receiving end of Ton co-founder Justin Sun’s jibes. Early Sunday Sun took to Twitter promising to build a monument in honor of Ethereum when TRON cryptocurrency vanquishes the second-largest coin by market cap. TRON is currently in the 11th position. In the same tweet Sun also ‘praised’ Buterin’s contribution to the blockchain sector. However, on this sincerity is not the first word that comes to mind given the two men’s history of rivalry. When #TRON succeed, we will build a monument…

EOS, the Best Crypto, Followed by XRP, and Only then by Bitcoin, Reports Weiss Ratings

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According to Weiss Ratings, EOS, XRP, and Bitcoin will probably succeed this year, despite the fact that some have given up on cryptos because of price declines. Weiss Crypto Ratings has published an annual outlook report on crypto industry and market trends for digital currencies. The results are quite surprising. Weiss Crypto Ratings issues major new report on crypto industry, “Dark Shadows with a Bright Future.” Finds five key trends for investors: https://t.co/d1sNj2nn4L #crypto #bitcoin #altcoins #XRP #ADA #BTC #BCH #ETH #EOS #XLM #XMR — Weiss Ratings (@WeissRatings) March 26,…

Blockchain Reality Does Not Match Advertisement, Says World Bank Official

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The World Bank has become the latest source of criticism over blockchain technology, this time urging caution over its role in land rights, Reuters reported on March 27. Speaking at the ongoing 20th Annual Conference on Land and Poverty in Washington, D.C. this week, Aanchal Anand, a Land Administration Specialist in the bank’s Global Land and Geospatial Unit, cautioned against the phenomenon informally known as “blockchain hype.” “Tech can look big and flashy, and like it can solve all our problems … but the Big Mac burger never matches up…

Bitcoin Unlimited Loses Another Member in Anti-Bitcoin SV Protest

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Occasional developer Tomislav Dugandzic has decided to leave Bitcoin Unlimited, following the exit of Bitcoin ABC lead developer Amaury Sechet and Antony Zegers. Dugandzic does so “in protest” of Bitcoin Unlimited’s friendliness with Bitcoin SV elements within its forces: After careful consideration I too am hereby resigning my BU membership. Antony Zegers and Amaury Sechet have already resigned in protest and so am I. The current BU leadership’s collaboration with the BSV community is unacceptable and I want no part in it. — Tomislav Dugandzic (@todu77) March 26, 2019 No…

Bitcoin Price Analysis: BTC/USD Remains at $4,050 Expecting Breakout

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Photo: QuoteInspector Key Highlights: Consolidation is ongoing in the Bitcoin market; Bitcoin price will target $3,903 in case $4,050 level does not hold; the coin may find its resistance at $4,144 price level. BTC/USD Medium-term Trend: Bearish Resistance levels: $4,050, $4,144, $4,254Support levels: $3,903, $3,774, $3,637 On the Medium-term outlook, BTC/USD is Bearish. BTCUSD consolidated for four days (March 21 – March 25). The Bears eventually gained momentum over the Bulls and there was a breakout towards the south with the formation of bearish candles that broke down the former…

Bitcoin (BTC) Price Upswing Could Gather Momentum Above $4K

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Bitcoin price stayed above the $3,850 support and rebounded above $3,940 against the US Dollar. The price surged higher and settled above the $3,900 and $3,940 resistance levels. This week’s followed crucial bearish trend line was cleared with resistance at $3,945 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now back in a positive zone and it could extend gains above the $3,980 and $4,000 resistances. Bitcoin price made a sharp U-turn from new weekly lows against the US Dollar. BTC is back…

Crypto Market Adds $5 Billion: EOS Rallies 10%, Bitcoin Cash, TRX, ADA Analysis

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The total crypto market cap jumped higher and broke the key $132.5B resistance area. EOS price rallied more than 10% and broke the $3.80 and $4.00 resistance levels. Bitcoin cash price is up more than 5% and broke the $160 and $165 barriers. Tron (TRX) price once again moved above the $0.0230 resistance level. Cardano (ADA) price gained nearly 7% and broke the $0.0640 resistance level. The crypto market pumped by more than $5 billion, with rallies in EOS and bitcoin cash. Bitcoin (BTC), Ethereum (ETH), BCH, ripple, tron (TRX),…