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Posts published in “#BTC”

Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years

Ethereum Weiss Ratings half dominance

Weiss Ratings, a provider of market research and stock analysis on ETFs, mutual funds, cryptocurrency, banks, and insurance companies, made a bold move saying that Ethereum will overtake 50% of Bitcoin’s market share in the next 5 years. Bitcoin a “One Trick Pony” Weiss Ratings came out swinging September 18, making a bold prediction that Bitcoin (BTC) will lose half of its market share to Ethereum (ETH) within five years. Furthermore, the research provider referred

The post Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years appeared first on Bitcoinist.com.

Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish

Key Points Bitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar. There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but it could find support near the $6,600...

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Ripple (XRP) Unseats Ethereum As Second Largest Cryptocurrency

ripple xrp rally price green

A sea of green could be observed through the entire cryptocurrency market as it gained upwards of $20 billion overnight. Ripple (XRP) is amid the forerunners of today’s rally, marking an increase of more than 45 percent for the day. Ripple to Lead the Parade At the time of writing this, XRP  is the best performing digital currency out of top 20, surging over 45 percent in the last 24 hours according to CoinMarketCap. The

The post Ripple (XRP) Unseats Ethereum As Second Largest Cryptocurrency appeared first on Bitcoinist.com.

Ripple Goes Parabolic and Flippens Ethereum: Are Banks Acquiring XRP?

The crypto community burst with joy earlier today as cryptocurrency prices surged beyond even their most optimistic expectations. Contrary to what everyone has expected, the new price surge was not sparked by Bitcoin, as it usually happens. This time, the bull run is led by none other than Ripple. XRP Spikes Up After nine months...

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Bitcoin Price Watch: BTC Surges Above $6,600, Next Target $6,850

Key Points Bitcoin price is trading with a bullish angle above the $6,430 level against the US Dollar. There was a clear break above a major bearish trend line with resistance at $6,435 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair recently managed to surpass a major resistance near...

The post Bitcoin Price Watch: BTC Surges Above $6,600, Next Target $6,850 appeared first on NewsBTC.

Bitcoin Price Analysis: A Big Move is Coming

Bitcoin price

Following a volatile day and as Bitcoin continues to flirt with support $6k, we look at what’s going on with Bitcoin Price action. Futures Expiration, Exchange Hack Bitcoin price opened the day trading at $6335 and fell 4% to $6100 within 15 minutes at 2 pm EST. Thirty minutes later, BTC gained $445 and was trading at highs of $6,550. The catalyst for the initial drop while uncertain is likely to be connected with either the CBOE

The post Bitcoin Price Analysis: A Big Move is Coming appeared first on Bitcoinist.com.

No, Bitcoin Did Not Nearly Crash, Bugs Never Get to Production Release

While Bitcoin (BTC) is the first, largest, and the most popular cryptocurrency, it is certainly not perfect. Even though the it is often seen as a standard for the crypto world, a single flaw in the right place would be enough to bring it down. One such flaw was detected quite recently, and this Tuesday,...

The post No, Bitcoin Did Not Nearly Crash, Bugs Never Get to Production Release appeared first on NewsBTC.

Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave

Key Points Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower, but it remains supported near the $6,320-00...

The post Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave appeared first on NewsBTC.

Bitcoin Price Watch: BTC/USD Facing Crucial Resistances

Key Points Bitcoin price started an upside move after trading as low as $6,202 against the US Dollar. There was a break above a key bearish trend line with resistance at $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move higher, but it is facing...

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Blockchain CEO: Cryptocurrency Prices will Slowly Recover Towards Year-End

Cryptocurrency prices have been hovering near their year-to-date lows as of late, with Bitcoin dominance near its yearly high and many altcoins down 80% or more. Although investors are losing confidence in the markets and things look bleak, one person familiar with the space believes that prices will begin to climb towards the end of...

The post Blockchain CEO: Cryptocurrency Prices will Slowly Recover Towards Year-End appeared first on NewsBTC.

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