Crypto Press’s Evening Crypto News Digest – 12/23/2019 12:01:19 AM – UTC

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Bitcoin_Logo-bitcoin-latest-price-daily-price-information 12/23/2019 12:00:00 AM,$BTC | #BTC – bitcoin’s Current Price: ▲ $7511.5890 | 1h ▲ : 1.05 % | 24h ▲ : 4.53 % | 7d ▲ : 5.47% | More on: Bitcoin Information

thereum-news-ethereum-price-information-ETHEREUM-ICON_Black 12/23/2019 12:00:00 AM,$ETH | #ETH – ethereum’s Current Price: ▲ $132.3725 | 1h ▲ : 0.06 % | 24h ▲ : 3.32 % | 7d ▼ : -7.14% | More on: Ethereum Information

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Bitcoin Could Revisit Recent Lows if it Breaks Below $7,120; Here’s Why
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Following the recent bout of turbulence experienced by Bitcoin and the aggregated crypto markets, BTC has been caught within a firm and tight trading range that has led it to consolidate for the past several days.nAnalysts are now noting that which boundary of this trading range is broken through first could offer significant insight into where BTC and the aggregated crypto markets will head going into the first part of 2020.nBitcoin Begins Building Some Upwards Momentum nAt …
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Major Crypto Exchange Begins Altcoin Purge; What It Means for Altseason

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2019-12-22

Investors have long been awaiting another 2017-esque bull run that shakes up the standing of the top cryptocurrencies and possibly leads some smaller altcoins to see meteoric gains that propel them up to the top of the markets.nThis rally has not happened, however, and as the crypto markets face a prolonged bear market many of these altcoins have dropped virtually to zero, leading them to be delisted from exchanges.nPoloniex Delists Multiple Altcoins as Smaller Cryptos Begin …

What’s Next for the Bitcoin Blockchain? Top Developer Weighs In

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2019-12-22

While many in the crypto industry focus only on the monetary aspects of Bitcoin, the cryptocurrency and its respective blockchain have a technical side too, a side that isn’t often focused on.nJohn Newbery, a developer at Bitcoin-centric development firm Chaincode Labs, recently broke down where he expects the network’s technical development trajectory to head next.nRelated Reading: Bitcoin Price is Poised to Return to $6,500 Lows; Analysts Explain …

Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains

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2019-12-22

Bitcoin approaches the $7,400 mark again as most of the top 20 cryptocurrencies report moderate gains

This Trader Sees No Value in Ripple and Its Cryptocurrency XRP

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2019-12-22

Ripple, a company behind XRP cryptocurrency, became a $10 billion blockchain giant after raising $200 million in a funding round earlier this month. But according to one prominent trader, the San Francisco firm has no value.nTone Vays, a former Wall Street trader and vice president of JP Morgan Chase, criticized Ripple for sucking value out of the XRP cryptocurrency. The analyst said that Ripple is actively selling millions of dollars worth of XRP tokens to fund its …

Prominent Gold Bull Thinks the Next Recession Will Be Brutal; Bullish for Bitcoin?

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2019-12-22

The U.S. economy has been caught within an upwards tailwind for over a decade now, with investors seeing constant returns while jobs continue to boom and companies continue to grow. One group of investors who have not benefited greatly from this roaring economy is Gold buyers, who will all benefit greatly from an economic crisis.nOne Gold bug – Peter Schiff – is now claiming that the coming economic bust will be “brutal,” which is leading investors to question which assets …

Why Bitcoin Price Is On Its Way to $7,900 From Here: Analyst

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2019-12-22

Over the past few hours, Bitcoin (BTC) has finally started to show signs of life. After trading in a literal $100 range for over 24 hours, the cryptocurrency broke higher just recently, with bulls stepping in as the week comes to a close.nAs of the time of writing this, the top cryptocurrency is trading for $7,340, seemingly poised to break higher as these levels hold. Indeed, a prominent trader suggests that Bitcoin could surge another 8% in the coming days, citing a simple …

Top-5 Cryptos This Week: HT, BTC, TRX, NEO, LEO

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2019-12-22

Altcoins continue to post incremental gains and traders are watching to see if Bitcoin can form a double bottom reversal pattern by rising above $7,900

Bitcoin Could Revisit Recent Lows if it Breaks Below $7,120; Here’s Why

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2019-12-22

Following the recent bout of turbulence experienced by Bitcoin and the aggregated crypto markets, BTC has been caught within a firm and tight trading range that has led it to consolidate for the past several days.nAnalysts are now noting that which boundary of this trading range is broken through first could offer significant insight into where BTC and the aggregated crypto markets will head going into the first part of 2020.nBitcoin Begins Building Some Upwards Momentum nAt …


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