Crypto Market Recovers $15 Billion, Bitcoin Flirting With $7K

The total crypto market cap is currently correcting higher from the $170.0B support area. Bitcoin price is up around $250 and it is now trading near the $7,000 resistance area. EOS price jumped from the $2.350 support area and climbed above $2.500. Ethereum price is showing positive signs above the $142 level. BCH price bounced back and it is now trading above the $200 pivot level. Tron (TRX) price is back above $0.0140 and it could soon revisit the $0.0144 resistance area. Bitcoin (BTC) and the crypto market cap are…

Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange

On 25 November 2019, the Gocrypto (GOC) token will start trading on Bitcoin.com Exchange. The new SLP token enables merchants with physical or online stores to accept instant crypto payments from different digital wallets with millions of users and to receive settlement in their local fiat. Also Read: Crypto Payments Startup Eligma Raises €4 Million From Bitcoin.com and Pangea Blockchain Fund Gocrypto SLP Token Debut The native token of Eligma, formerly known as ELI, is now called the Gocrypto token (GOC) and its about to be listed on the Bitcoin.com…

Sub-$7000 Bitcoin Price Bloodbath Could Spiral Near $4,000, Warns Analyst

Peter Schiff believes bitcoin is breaking out of a bearish formation and is heading to $1,000. A renowned technical analyst thinks that such a bearish pattern could, instead, take BTC to $4,000, if validated. Several technical indicators add credibility to a further drop, but there is still a chance for a rebound. On Oct. 19, the veteran gold bug and longtime crypto critic Peter Schiff entertained the idea that a head-and-shoulders pattern was developing on bitcoin’s 1-day chart. He said that if this technical pattern was validated, BTC could drop…

Google Searches for Bitcoin Spike After BTC Price Hits 6-Month Lows

Bitcoin (BTC) has sparked fresh interest from mainstream consumers after its price nosedived to its lowest levels since May this week.  According to data from Google Trends, “Bitcoin” and associated terms have increased in popularity conspicuously over the past week. “Bitcoin halving” back in the spotlight Currently, “Bitcoin” is at its highest search ranking since late October, when BTC/USD traded at close to $10,000. Google search interest for “Bitcoin.” Source: Google Trends Geographically, interest appears to be coming from Africa, with Nigeria, South Africa and Ghana forming the top three…

Formula 1-Branded Blockchain Game to Auction Digital Race Car Tokens

Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens (NFTs) later this week. According to an announcement on Nov. 22, the auction will be held on Nov. 28, with fans already able to participate in a live contest to compete for various related prizes. As previously reported, F1 purportedly draws 1.6 billion television viewers across over 180 territories and engage 506 million fans worldwide. NFTs to be functional within F1 blockchain game Unlike most cryptocurrencies,…

Bitcoin Price Is Now Below $7K – What Does It Mean?

Bitcoin Price Is Now Below $7K – What Does It Mean? November 25, 2019 by Ramiro Burgos The bitcoin price has extended its bearish correction to $7,000 USD and now below, turning on a reverse reaction chance. If you’re trying to make sense if it and wondering what could happen next, read our weekly technical analysis report. Also read: Too Many Unknowns Influencing the Bitcoin Price. Where Could It Go? Bitcoin Price Technical Analysis Long-Term Analysis The bitcoin price finally matched and crossed down to the ascending curve of a Rounded…

Bitcoin Price Is Now Below $7K – What Does It Mean?

Bitcoin Price Is Now Below $7K – What Does It Mean? November 25, 2019 by Ramiro Burgos The bitcoin price has extended its bearish correction to $7,000 USD and now below, turning on a reverse reaction chance. If you’re trying to make sense if it and wondering what could happen next, read our weekly technical analysis report. Also read: Too Many Unknowns Influencing the Bitcoin Price. Where Could It Go? Bitcoin Price Technical Analysis Long-Term Analysis The bitcoin price finally matched and crossed down to the ascending curve of a Rounded…