Amid Bitcoin Price Drop, Crypto Analyst Foresees Sustained Rally

The bitcoin price cratered this weekend, but the bull market is just getting started. That’s the assessment of crypto blogger Willy Woo, who says the downturn is merely a transitional phase before things start heating up again. ‘Long, sustainable bull drive’ to 2020 Woo, a partner at cryptocurrency hedge fund Adaptive Capital, says the latest market drop is laying the foundation for a sustained rally. “Fomo complete, stage set,” he tweeted. “Stage 1 of the bull market is completing. Once we bottom, stage 2 begins, promising the long sustainable bull…

Libra Doubts, Bitcoin Slumps, McAfee Behind Bars

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Facebook to work ‘however long it takes’ to win over regulators on Libra Mark Zuckerberg turned on the charm offensive this week in an attempt to reassure governments and central banks that his social network is taking their concerns about Libra to heart. On a conference call,…

Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin – CCN Markets

| Source: YouTube Craig Wright has a theory about why almost nobody will capitulate to his demands to be worshiped as Satoshi Nakamoto, the creator of Bitcoin. Standing on the wrong end of a multibillion-dollar lawsuit, he believes that his persona has led to attacks on him personally, as opposed to the ideas he has presented to the blockchain space. Wright Says Core Believers Dismissed His Person, Not His Ideas Wright and others are firm believers in on-chain scaling. Wright proposes a more extreme version than most, with 2GB blocks…

Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin

Craig Wright has a theory about why almost nobody will capitulate to his demands to be worshiped as Satoshi Nakamoto, the creator of Bitcoin. Standing on the wrong end of a multibillion-dollar lawsuit, he believes that his persona has led to attacks on him personally, as opposed to the ideas he has presented to the blockchain space. Wright Says Core Believers Dismissed His Person, Not His Ideas Wright and others are firm believers in on-chain scaling. Wright proposes a more extreme version than most, with 2GB blocks already activated on…

Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin

Craig Wright has a theory about why almost nobody will capitulate to his demands to be worshiped as Satoshi Nakamoto, the creator of Bitcoin. Standing on the wrong end of a multibillion-dollar lawsuit, he believes that his persona has led to attacks on him personally, as opposed to the ideas he has presented to the blockchain space. Wright Says Core Believers Dismissed His Person, Not His Ideas Wright and others are firm believers in on-chain scaling. Wright proposes a more extreme version than most, with 2GB blocks already activated on…

3 Reasons Analysts Are Bullish on Bitcoin Despite 33% Price Correction

As Bitcoin dropped an additional 8% on Saturday, naysayers claim the rally to a new all-time high is over. So what is it that’s keeping market analysts bullish in the face of a 33 percent correction?  Bitcoin price bears draw a line at $10,000 Bitcoin’s most recent price action has been less than satisfactory, unless you’re a bear. To date, the top digital asset is down 32% from it’s 2019 high of $13,739 and short term price action remains overwhelmingly bearish.  Over the past two weeks Bitcoin formed an M-top…

Price Analysis 28/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA

Will Bitcoin stage a reversal from the current levels and resume its uptrend? Let’s analyze the chart. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The uncertainty regarding regulators is keeping the upside in check. However, improving fundamentals have made a floor below a few major cryptocurrencies. The rest are lagging behind and…

Tokenizing Sports — How the Industry Is Incorporating Crypto

Cryptocurrencies and digital tokens have become powerful tools for a variety of industries over the past few years, and the world of sports is no exception. Sports fans are notoriously passionate about the teams they support, and there is a massive market for everything from tickets to memorabilia, collectibles and content. As the world continues to move online, sports teams and organizations are beginning to embrace the use of cryptocurrencies and digital tokens to give fans access to exclusive content and items using these new technologies. This move toward crypto-acceptance…

Ripple (XRP) Down 7%, Bulls Fail to Break Above a Key Moving Average

Ripple (XRP) is down 7.4 percent from last week’s close Kenny Li, the CEO of Worthyt, said people are willing to trade the security of decentralization for speed and convenience Ripple Price Analysis Fundamentals Blockchain is altering the way payments are done. Introducing speed, efficiency, and slashing costs, countless applications can be built on top of this distributed ledger. Ripple is one of the many companies that is taking on traditional behemoths by leveraging on the transparency of blockchain. Together with Facebook’s Libra, they are challenging the status quo, forcing…

Ripple (XRP) Down 7%, Bulls Fail to Break Above Key Moving Average

Ripple (XRP) is down 7.4 percent from last week’s close Kenny Li, the CEO of Worthyt, said people are willing to trade the security of decentralization for speed and convenience Ripple Price Analysis Fundamentals Blockchain is altering the way payments are done. Introducing speed, efficiency, and slashing costs, countless applications can be built on top of this distributed ledger. Ripple is one of the many companies that is taking on traditional behemoths by leveraging on the transparency of blockchain. Together with Facebook’s Libra, they are challenging the status quo, forcing…