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Category: News

Bitcoin Wallet Supporting the Lightning Network Removed from Google Play

Bitcoin Wallet Supporting the Lightning Network Removed from Google Play

Apr 9, 2018News FeedNews, Uncategorized

Well, that was fast. ‘Eclair’ – the first Bitcoin wallet supporting the Lightning Network, has been removed from the Google Play store, mere days after being added. Not long ago, on April 4th, a French tech company called ACINQ added the first mobile wallet that allowed for Bitcoin transactions via the Lightning Network. The app was…

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Bitcoin Stuck Below $7,000 As Analysts Call it ‘Worthless’

Bitcoin Stuck Below $7,000 As Analysts Call it ‘Worthless’

Apr 6, 2018News FeedNews, Uncategorized

Bitcoin (BTC) price has been facing stiff resistance from bears in creating a sustainable rally above the $7000 mark over the last week. BTC price crossed the $7500 level during Wednesday trading before plunging back to $6600 on Thursday; the coin trades around $6700 today and the market pundits envisage BTC price to make further…

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Bitcoin Price Could Plunge Another 50% Before Stabilization

Bitcoin Price Could Plunge Another 50% Before Stabilization

Apr 4, 2018News FeedNews, Uncategorized

Bitcoin price has already lost more than 60% of its value from its all-time high and analysts expect BTC to make a further price correction before the coin completely stabilizes. Warnings and price crash predictions from analysts along with bans from big banks and social media platforms have significantly impacted cryptocurrency trader’s sentiments. Bitcoin price…

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Death Cross Pattern Fail to Create an Immediate Selloff

Death Cross Pattern Fail to Create an Immediate Selloff

Apr 3, 2018News FeedNews, Uncategorized

The ‘Death Cross’ pattern failed after Bitcoin (BTC) price moved above from 50-day’s low of $6,500. BTC price soared sharply on Monday and extended the uptrend into today’s trading, amidst concerns regarding the immediate price crash on Death Cross pattern – which occurred on Bitcoin price chart on Sunday when its 50-day moving average has…

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Bitcoin Price Crash – Death Cross Concerns Are Still Lingering

Bitcoin Price Crash – Death Cross Concerns Are Still Lingering

Apr 2, 2018News FeedNews, Uncategorized

Bitcoin Price Crash: Bears have been holding onto crypto markets over the last couple of weeks, with negative reports and increasing regulatory concerns. The selloff intensified in the previous two days when technical factors also started showing bearish trends for Bitcoin price and its future fundamentals. BTC price crashed at a double-digit rate to a…

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Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Bitcoin Price Under Pressure Due To ‘Death Cross’ Concerns

Mar 29, 2018News FeedNews, Uncategorized

Bitcoin price plummeted sharply today after trading in the narrow range of $8,000 level on Wednesday. The latest selloff isn’t due to ads bans, regulators clampdown or warnings; the downtrend was purely supported by traders concerns over the technical factors on price charts – market participants are predicting a massive crash in BTC price in…

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Bitcoin (BTC): Wall Street Says HODL and Abra CEO Says BOOM

Bitcoin (BTC): Wall Street Says HODL and Abra CEO Says BOOM

Mar 28, 2018News FeedNews, Uncategorized

There’s no denying that panic has swept through the crypto sphere as of late. With the crypto ad bans by major companies like Google, Facebook, and most recently Twitter, prices of cryptocurrencies have taken a beating as many people believe this to be the end. Have no fear, though, because this isn’t the end. Crypto…

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Bitcoin Price Watch – BTC/USD On Bullish Run, Returns To $9,000

Bitcoin Price Watch – BTC/USD On Bullish Run, Returns To $9,000

Mar 21, 2018News FeedNews, Uncategorized

Bitcoin continued on its bull run from earlier this week and managed to return to the pivotal $9,000 level this morning. For the past two days, BTC/USD retracted about 30% of the recent price drop from a high of $11,660 (March 5). Furthermore, Twitter CEO Jack Dorsey came out today stating that he sees BTC…

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Sheena Shah Of Morgan Stanley ; Bitcoin Is The Next Dot-Com Bubble

Sheena Shah Of Morgan Stanley ; Bitcoin Is The Next Dot-Com Bubble

Mar 20, 2018News FeedNews, Uncategorized

The cryptocurrency markets are in doldrums, and rating agencies are correlating them with different bubbles and scams that global markets had faced in the last few decades. Morgan Stanley strategist Sheena Shah sees enormous resemblances between the cryptocurrency market behavior and the dot-com bubble – the only exception being the 15 times higher growth in…

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Cryptocurrencies are like Giffen Goods, Here’s Why

Cryptocurrencies are like Giffen Goods, Here’s Why

Mar 19, 2018News FeedNews, Uncategorized

Analysts and market participants aren’t yet able to create the price prediction formula for cryptocurrencies; the market forces are divided on how these new assets will perform– some are calling for steady price growth, and others are seeing the price to fall to zero. Meanwhile, the idea of correlating cryptocurrencies with Giffen goods seems to…

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