Crypto Markets Red as Bitcoin Price Slips Below $10.3K

Friday, Sept. 13 — crypto markets have continued to report mixed signals, with Bitcoin failing to hold $10,300 support on the day. The majority of the top 20 coins by market cap are seeing red this Friday the 13th, with Tezos’ (XTZ) losses reaching nearly 2.3% at press time. However, Dash (DASH) is seeing a far larger growth on the day, up nearly 7% over the past 24 hours at press time, according to Coin360. Market visualization | Source: Coin360 After surging to as high as $10,423 earlier today, Bitcoin…

eToro’s Top Financial Markets Analyst Reveals His Three Favorite Cryptos

Photo: Shutterstock It may come as a surprise to some but top analyst and licensed fund manager for forex and financial instruments trading firm and brokerage eToro Mati Greenspan let the cat out of the bag and revealed his top three favorite cryptocurrency picks. In a tweet exchange with Paul Lund, who is a well- known cryptocurrency evangelist, Mati revealed: Hi Paul. My top three favorite cryptos right now are BTC, LTC, & BNB. This is not trading advice. I don’t know the future. Also, my personal portfolio & opinions tend…

3 Solid Reasons Why Ethereum Looks Stronger Than Ever – CCN Markets

Ethereum has the most active developers, leads all other platforms in the number of DApps, and will introduce sharding early next year. | Source: Shutterstock Critics have been trying to spread fear, uncertainty, and doubt on the No. 2 cryptocurrency in light of its scaling issues. It’s true that Ethereum is struggling with congestion as network utilization is above 94 percent. As a result, it becomes costly to run applications. Nevertheless, the cryptocurrency’s biggest problem appears to be its source of strength. The network is congested because there are so…

Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally – CCN Markets

An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term view on the digital asset. Short term outlook on $btc pic.twitter.com/luHSJBqMgw…

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors’ funds safe while they trade. Bakkt Warehouse custody is live. Now accepting…

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors’ funds safe while they trade. Bakkt Warehouse custody is live. Now accepting…

Why Binance Coin Is Headlining the Crypto Market Resurgence – CCN Markets

Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here’s why BNB is leading the pack. | Source: REUTERS / Darrin Zammit Lupi Binance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million. Four months later, it appears that everyone has forgotten about the security breach. Binance is just as popular as ever, and its proprietary crypto token rallied to…

Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto – CCN Markets

Switzerland’s central bank is running scared over its control on monetary policies in the face of stablecoins pegged to foreign currencies. | Source: Shutterstock; Edited by CCN Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra. This was revealed by the chairman of the governing board of the Swiss National Bank, Thomas J. Jordan, in a speech delivered at the University of Basel. Per Jordan,…

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…

Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee — CCN Markets

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of the holdings remain unclear. $1 Billion+ $BTC was transferred in…