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Back to Green: Bitcoin Is Above $8.1K Again, XRP Surges Over...

Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level. Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000. While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%. Market visualization. Source: Coin360 Bitcoin’s dominance continues to dropAfter Bitcoin tumbled below $8,000 again on Oct. 6, the major cryptocurrency has broken back above the threshold to break $8,100 price point. At press time, Bitcoin is up 2.75%, trading at around $8,140. While the coin is apparently continues to grow, BTC is now almost flat over a 7-day period. Bitcoin 24-hour price chart. Source: Coin360 Ether (ETH) is up 2.07% on the day, trading at almost $178 at press time. Over the past 7 days, the second cryptocurrency by market cap is up by 5.7%. Ether seven-day price chart. Source: Coin360 After major cryptocurrency payment processor BitPay had partnered ..

Ether Price Will Hit $1,000 Again, Survey Says as Altcoin Faith...

Over 50% of 5,400 respondents believe that ETH/BTC will once again attract a four-digit price tag. Ether (ETH) is most likely to trade above $1,000 again in the future, according to the global cryptocurrency Twitter community. 54% say $1k Ether price possibleAccording to the results of a survey administered by An Altcoin Trader’s Handbook author Nik Patel on Aug. 10, 54% of respondents think ETH/BTC will see $1,000 once more. Ether is the largest altcoin by market cap, but has seen its share of the crypto pie relative to Bitcoin (BTC) decrease dramatically since its all-time highs in January 2018. Having previously reached more than $1,400 per token, Ether currently trades at just $213. As Cointelegraph reported, multiple analysts have sounded the alarm over altcoin markets in general in recent weeks, as Bitcoin continues to dominate rankings and investor returns. Some believe altcoins will never again rally to the extent they did in previous years, meaning tokens such as Ether s..

TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin

Tim Hockey, CEO of TD Ameritrade, said that the company’s customers are showing increasing demand for cryptocurrencies and willingness to trade it. Digital currencies are generating increasing interest from investors and traders, says the CEO of United States brokerage giant TD Ameritrade, reported financial news and services outlet TheStreet on July 23. In an interview with TheStreet, TD Ameritrade CEO, Tim Hockey, explains that customers are showing increasing demand for cryptocurrencies and willingness to trade it. Hockey notes lack of consternation among investorsUnlike American lawmakers, active investors do not fret over cryptocurrencies' purported potential to undermine the existing financial system and the U.S. dollar as they are constantly looking for new asset classes to profit from, according to Hockey. He also noted: "Especially given the discussions around Libra and the rebound in Bitcoin, there's heightened interest again." Crypto now on regulators’ radarHockey..

China Ruling Bitcoin is Property Again Is ‘Major Milestone,’ Says Investor

A court dispute between an exchange and a user reinforced China’s willingness to recognize the cryptocurrency. Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments. A watershed for Bitcoin in ChinaAccording to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. The second such court to attribute property status to Bitcoin, the ruling came about as part of a dispute between a now-defunct exchange and one of its users who lost funds. For Wan, the case marks a significant watershed for Bitcoin in China, where a blanket ban on trading it has been in place since September 2017. BTC/USD rallied sharply Friday on the back of positive comments from United States lawmakers, but China likely also influenced the return to form. “This case is a major milestone that manifested BITCOIN IS ACTUALLY LEGAL in China,”..

Stellar Lumens Moves Up But The Bears Show Up Again, XLM...

Sellar Lumens News Today – Yesterday, the entire cryptocurrency market started moving higher after taking a serious hit due to regulatory concerns. While the entire market started to recover, the Stellar Lumens price remained stable. It wasn’t until during mid-trading yesterday that the price of Stellar Lumens XLM started to recover against the USD. It was finally able to break out of consolidation and join Bitcoin’s price pump. Unfortunately, it didn’t last and the price of Stellar Lumens XLM quickly fell back to the red zone as we had predicted in our previous Stellar Lumens news. What’s next for Stellar Lumens XLM? Is Stellar Lumens Dead? Stellar Lumens News Today – Stellar Lumens Price Prediction 2019 – Stellar Lumens Price Analysis – XLM Price Prediction The fact that the price of Stellar Lumens XLM isn’t significantly affected by the price action of Bitcoin is a good and a bad thing. For one thing, it shows that Bitcoin’s dominance against Stellar Lumens has dropped significant..

A Bad Time to Short BTC? Bitcoin Recovers Towards $13k as...

Betting against Bitcoin (BTC) may not be the wisest decision for any digital asset investor following the cryptocurrency market trends, particularly involving bitcoin and the top cryptocurrencies. Bitcoin Traders Lose $44 Million in Bitcoin (BTC) shorts Cryptocurrency news outlet Cointelegraph reported how BTC shorters lost a whopping $44 million in only a few hours earlier today on one exchange. Citing a Reddit thread for cryptocurrency trading, the crypto site noted that users who took short positions against bitcoin on BitMex exchange lost as much as $44 million Monday morning. By taking a short position, traders bet that the price of bitcoin will go down but that wasn’t the case this morning and they lost. Why You Should not bet Against Bitcoin Now – BTC Price Prediction 2019 There are a number of reasons why this may not be a good time to best against bitcoin (BTC). 2019 is a Bullish Year for Bitcoin (BTC) The downtrend in BTC price which characterized the crypto market last ye..

Mike Novogratz: I’m Not Selling Bitcoin at $14K Again — It’s...

Galaxy Digital founder Mike Novogratz predicts that bitcoin still has a long way higher to go following its current “spectacular rally.” Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that bitcoin (BTC) still has a long way higher to go following its current “spectacular rally.” With BTC price circling the $11,000 at press time, Novogratz told Bloomberg TV on July 3 that the coin’s spike toward $14,000 and later downwards correction was to be expected as part of its historic moves. He predicts that the market will see consolidation around the $10,000- 14,000 mark for some time before current momentum enters its next leg and we go higher. “I don't think I'm selling the next time we’re up to $14,000,” he said. “I think the next time we get up there it’s closer to $20,000 [...] I don't expect that in the next few weeks, I don't expect it till the middle or the end of the fourth quarter.” The crypto merchant bank pioneer said the cryptocurr..

Bitcoin Price ‘Extremely Bullish’ Again After 20% Pump to Over $11,000

The largest cryptocurrency rose as high as $11,525 in Wednesday trading, capping daily gains of 20%. Bitcoin (BTC) surprised markets and and the media alike on July 3, jumping over 20% in 24 hours to overcome resistance at $11,000. Market visualization courtesy of Coin360 Data from Coin360 put BTC/USD firmly in the green Wednesday, following a turbulent few days which saw the pair drop as low as $9,688. As of press time, bitcoin traded around $11,300 having set a local high of $11,525 earlier in the day. Bitcoin 7-day price chart. Source: Coin360 The sudden reversal immediately rubbished the theories emerging in the mainstream press and from cryptocurrency naysayers. Forbes had declared the ‘bitcoin bubble’ had popped just hours before, while on Monday, economist Nouriel Roubini delivered fresh criticism of bitcoin’s performance. “Indeed Bitcoin is now down below 10k. Has lost a third of its value in less than a week,” he tweeted. “Still a long way to less than zero as its true va..

Cardano Price Attempts To Test $0.0100 Again, Analyst Predicts A Major...

Cardano News Today – Ever since the beginning of this year, investors have increased the interest they have in Cardano ADA. Per our previous Cardano news, the Cardano Shelley project is going to lead to a major bull run. Investors know this and they are trying to take advantage of the current price of ADA in other to gain more when the bull run begins. A few days ago, during the previous altcoin rally, the price of Cardano ADA hit $0.0100. However, the bulls were not able to maintain the momentum and this drove ADA down to the $0.0800 level. According to the Cardano price prediction on CryptoNewz, the price of ADA is going to retest the $0.0100 in the next few trading sessions and it would find strong support above this level. Cardano News Today: Cardano Price Prediction 2019 – Cardano Latest Update – Cardano Shelley Means Great Things For ADA Like never before, Cardano is gaining the attention of global market players. From technical improvements to new collaborations, the future of ..

Bitcoin Dips Below $8K Again as Top Altcoins See Mild Losses

Most of the top 20 cryptocurrencies are reporting mild losses on the day as bitcoin falls under the $8,000 mark again. Sunday, May 26 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is down less than one percent on the day, trading at $7,990 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin has seen almost no net change, up about a fraction of a percent. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $26.5 billion. The second-largest altcoin, XRP, has a market cap of $16.2 billion at press time. CoinMarketCap data shows that ETH is down a little over half a percent over the last 24 hours. At press time, ETH is trading around $250. On the week, the coin has also seen its value decrease by about two perce..
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