Wednesday, October 23Your Daily Bitcoin & Altcoin News Portal
Bitcoin (BTC) Price Approaching Key Support, Bears Back In Action

Bitcoin (BTC) Price Approaching Key Support, Bears Back In Action

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Approaching Key Support, Bears Back In Action Bitcoin price is declining after it failed to climb above the key $8,300 resistance against the US Dollar.The price is under pressure and it is now trading below the $8,000 support area.There was a break below a connecting bullish trend line with support near $8,080 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is approaching a major support area near $7,800, below which there could be a sharp decline.Bitcoin price is facing a fresh increase in selling pressure below $8,200 against the US Dollar. BTC price could accelerate losses if it fails to stay above $7,800.Bitcoin Price AnalysisRecently, bitcoin made a few attempts to gain strength...
Bitcoin And Crypto Market Cap Resume Decline: LTC, BNB, BCH, TRX Analysis

Bitcoin And Crypto Market Cap Resume Decline: LTC, BNB, BCH, TRX Analysis

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin And Crypto Market Cap Resume Decline: LTC, BNB, BCH, TRX Analysis The total crypto market cap failed to climb above the $220.0B resistance and declined recently.Bitcoin price is down 3% and it is now trading below the $8,000 support area.Binance coin (BNB) price failed to stay above the $18.00 support and resumed its decline.Litecoin (LTC) price is down around 4% and it is approaching the $52.00 support zone.BCH price is down nearly 6% and it is now testing the $215 support area.Tron (TRX) price is declining and is trading below the key $0.0150 support area.The crypto market cap and bitcoin (BTC) are gaining bearish momentum. Crypto Market CapOn the upside, the main hurdles are near the $215.0B and $220.0B levels. Overall...
Bitmain Aims to Build a 300MW Texas Mining Farm – Bitcoin News

Bitmain Aims to Build a 300MW Texas Mining Farm – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bitmain Aims to Build a 300MW Texas Mining Farm - Bitcoin News The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’ Bitmain Begins Developing Texas Mining Farm On October 21, the Chinese application-specific integrated circuit (ASIC) manufacturer Bitmain revealed the introduction of a new mining facility located in Texas. According to the company, the launch will commence with 50MW but soon
Ripple (XRP) Price Trimming Gains While BTC & ETH Sliding

Ripple (XRP) Price Trimming Gains While BTC & ETH Sliding

PRICE ANALYSIS
Please share if you find this article interesting. Ripple (XRP) Price Trimming Gains While BTC & ETH Sliding Ripple price declined recently after it failed to climb above the $0.3030 resistance against the US dollar.The price is currently trading below $0.2950, but it is holding the key $0.2850 support area.There was a break below a key bullish trend line with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken).There could be a short term upward move, but the price might struggle to clear the $0.2950 resistance.Ripple price is correcting gains against the US Dollar and Ripple PriceLooking at the chart, ripple price is showing a few bearish signs below the $0.2950 and $0.2920 level. Having said that, the price could recover as long as there is no...
Ethereum (ETH) Resumes Downtrend, Bitcoin Down 2%

Ethereum (ETH) Resumes Downtrend, Bitcoin Down 2%

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum (ETH) Resumes Downtrend, Bitcoin Down 2% Ethereum price is declining again after it failed to break $178 and $180 against the US Dollar.Bitcoin price is also moving down and it is likely to break the $8,000 support area.There is a key bearish trend line forming with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken).The pair remains at a risk of more downsides below the $170 and $168 support levels.Ethereum price is resuming its downtrend below $175 versus the US Dollar, similar to Ethereum PriceLooking at the chart, Ethereum price is clearly resuming its downtrend below $175 and $172. The price action is negative, suggesting more downsides below the $170 and $168 support levels. The next major st...
TBCASoft, IBM and SoftBank Announced a Mobile Payment Blockchain

TBCASoft, IBM and SoftBank Announced a Mobile Payment Blockchain

BITCOIN
Please share if you find this article interesting. TBCASoft, IBM and SoftBank Announced a Mobile Payment Blockchain Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution. New cross-carrier system Per the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created a cross-carrier blockchain with 18 participants.  The first application that CBSG intends to launch is the Cross-Carrier Payment System (CCPS), which aims to enable mobile service users to use their phones for payments with local mer
Crypto Markets Turn Red, With BTC Price Stuck Below $8,100

Crypto Markets Turn Red, With BTC Price Stuck Below $8,100

BITCOIN
Please share if you find this article interesting. Crypto Markets Turn Red, With BTC Price Stuck Below $8,100 Tuesday, Oct. 22 — Crypto markets are mostly showing red candlesticks, while Bitcoin (BTC) fails to impress with a sudden drop below the $8,100 price point. Cryptocurrency market daily overview. Source: Coin360 Bitcoin was trading above the $8,200 price mark for the better part of the day, but has dipped below $8,100 in recent hours. The world’s largest cryptocurrency traded at an intraday high of nearly $8,300, before losing ground towards its current trading price of around $8,040. BTC is reporting a loss of almost 2% on the past 24 hours. BTC daily price chart. Source: Coin360 For the second time, Bitcoin attempted to break above the $8,300 price point only to endure
How to Start a Crypto Podcast – Bitcoin News

How to Start a Crypto Podcast – Bitcoin News

BITCOIN
Please share if you find this article interesting. How to Start a Crypto Podcast - Bitcoin News The idea of starting your own podcast is undeniably appealing. Not only do you get to sound off about a topic that’s close to your heart, but if you opt for the host-and-guest format, you get to engage in stimulating debates with interesting people. But before you rush off to order a USB mic and start booking your crypto heroes, there’s a few things you should know about podcasting. Also read: How to Trade Crypto in Person Safely The Pros and Cons of Podcasting The podcast’s appeal partially stems from the fact that it can be done without the aid of third parties: if you’re reasonably tech savvy, you can write, record, edit and upload every episode by yourself. This elimination of in
Bitcoin Suisse Acquires $3M Share of Trade Intelligence Firm CoinRouts

Bitcoin Suisse Acquires $3M Share of Trade Intelligence Firm CoinRouts

BITCOIN
Please share if you find this article interesting. Bitcoin Suisse Acquires $3M Share of Trade Intelligence Firm CoinRouts Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software. The investment and a new director Bitcoin Suisse announced the news on Oct. 22, specifying that it acquired a $3 million share of CoinRoutes. Niklas Nikolajsen, the chairman of the Bitcoin Suisse Group, became a member of the board of directors of CoinRoutes’s United States and Swiss entities. Bitcoin Suisse had tested CoinRoutes’ Smart Order Routing and patent-pending Consolidated Best Bid & Offer offerings for a year prior to the acquisition to assess the products’ capabilities. The company eve
Binance CEO CZ: Putin Is The Most Influential Person In Blockchain

Binance CEO CZ: Putin Is The Most Influential Person In Blockchain

BITCOIN
Please share if you find this article interesting. Binance CEO CZ: Putin Is The Most Influential Person In Blockchain Changpeng Zhao, CEO of major cryptocurrency exchange Binance, named Russian President Vladimir Putin as the most influential person in the blockchain industry. Cooperation with the Russian gov’t On Oct. 22, in an article on RBC News, Zhao, also known as CZ within the crypto community, pointed to Russian President Vladimir Putin as the most influential person in the blockchain space. Zhao further said that he believes the bill on regulating digital money may be adopted in the Russian Federation in the foreseeable future. Zhao also reportedly revealed that Binance may in some cases provide user information to Russian financial regulators and warned people involved i