Bitcoin has fallen beneath the $7,000 psychological price range as global markets took a breather Saturday amid the ongoing trade dispute between the U.S and China. Author: Sebastian Sinclair Source link
Day: November 24, 2019
Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350
Bitcoin (BTC) price took a seemingly unexpected turn over the last week as the digital asset shed nearly $2,000 over the past 5 days. Last Sunday Bitcoin looked strong with a peak at $8,727 but by Friday the price found a floor at $6,776. With a drop of 22% within just 5 days, can investors expect a bounce to reclaim the lost ground, or will Bitcoin head to new lows to close out 2019? Let’s take a look at what could happen next. Daily crypto market performance. Source: Coin360.com Why…
Statechains, and Trading the Panopticon for Magical Internet Money
CoinDesk’s Nolan Bauerle and Thiel Capital’s Eric Weinstein talk Magical Internet Money; the Let’s Talk Bitcoin! host and Somsen Ruben discuss statechains. Author: Adam B. Levine Source link
Gladius Dissolves Ignoring SEC Order to Refund $12.7M ICO
Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of the company in a message sent to the project’s official Telegram group on Nov. 22. “The company no longer has funds to continue” The message — collectively signed by the Gladius team — reads: “We regret to inform you that Gladius Network LLC has ceased operations effective immediately and has filed for dissolution. Despite our best efforts, the…
Ethereum Price Weekly Forecast: ETH At Risk of Further Declines
ETH price is down more than $30 in the past few days against the US Dollar. The price even spiked below $150 and it is currently correcting higher. There is a major breakout pattern forming with resistance near $152 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is struggling to correct higher and it could resume its decline below $150. Ethereum price is trading in a bearish zone below $155 and $160 against the US Dollar, similar to bitcoin. ETH price is likely to revisit $125…