Crypto Press’s Evening Crypto News Digest – 12/16/2019 12:01:19 AM – UTC

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Bitcoin_Logo-bitcoin-latest-price-daily-price-information 12/16/2019 12:00:00 AM,$BTC | #BTC – bitcoin’s Current Price: ▼ $7152.3554 | 1h ▼ : -0.01 % | 24h ▲ : 0.48 % | 7d ▼ : -5.29% | More on: Bitcoin Information

thereum-news-ethereum-price-information-ETHEREUM-ICON_Black 12/16/2019 12:00:00 AM,$ETH | #ETH – ethereum’s Current Price: ▼ $143.0415 | 1h ▼ : -0.04 % | 24h ▲ : 0.38 % | 7d ▼ : -5.38% | More on: Ethereum Information

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Bitcoin Set to Enter Disbelief Phase — Should Hodlers Prep for $2.8K?
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2019-12-15

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Traders should expect more pain as Bitcoin price continues to bleed out into 2020
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Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong

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2019-12-15

As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin, being crushed under the weight of a copious amount of PlusToken reserve liquidations and other sources of selling pressure hurting bulls.nDespite the strong downtrend ETH has formed, a prominent trader suggests that Ethereum may end the year on a high note, citing technical …

‘Strange’ Litecoin Network Activity Could Be Related To August Dust Attack

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2019-12-15

Strange Litecoin network behavior might be related to the Aug. 10 dust attack on Litecoin

Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So

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2019-12-15

Over the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader suggests that the pain is just beginning for Bitcoin.nRelated Reading: Could Bitcoin Price Press Higher as PlusToken …

Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook

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2019-12-15

As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone for where it trends in the first part of the new year.nThis past week, the markets saw interesting price action that largely favored bears, signaling that BTC could see some notable downside in the near-term. In spite of this, the cryptocurrency’s macro outlook still remains incredibly …

Is Crypto Ready for the New Space Age?

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2019-12-15

How could quantum computing technology affect the cryptocurrency industry?

Bitcoin’s “Supertrend” Flips Red as Price Fails to Surmount Low-$7,000s

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2019-12-15

According to a recent analysis done by Byzantine General, the SuperTrend indicator for the one-week Bitcoin chart has flipped red, meaning bearish, after a multi-month bullish period seen earlier this year.nAs the trader illustrated in the chart seen below, the last two times the SuperTrend turned red on the weekly Bitcoin chart led to 80% declines over a number of months, suggesting that something similar can happen here unless bulls step in to save the day.nn$BTCnThe …

Darknet ICO, Bitmain Infighting, Calls for Cotten to Be Exhumed: Hodler’s Digest, Dec. 9–15

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2019-12-15

In this week’s Hodler’s Digest, bitter infighting at Bitmain, Libra’s white paper quietly updated, and the $146 million ICO that’s almost certainly illegal

Bitcoin Set to Enter Disbelief Phase — Should Hodlers Prep for $2.8K?

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2019-12-15

Traders should expect more pain as Bitcoin price continues to bleed out into 2020


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