Crypto Press's Morning Crypto News Digest - 12/15/2019 12:01:18 PM - UTC

in #cryptopress5 years ago

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12/15/2019 12:00:00 PM,$BTC | #BTC - bitcoin's Current Price: ▼ $7119.3694 | 1h ▼ : -0.39 % | 24h ▼ : -1.28 % | 7d ▼ : -5.86% | More on: Bitcoin Information
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12/15/2019 12:00:00 PM,$ETH | #ETH - ethereum's Current Price: ▼ $142.9341 | 1h ▼ : -0.35 % | 24h ▼ : -0.37 % | 7d ▼ : -4.71% | More on: Ethereum Information

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: What Miner Capitulation? Bitcoin Miners Confident in Price Prospects ,

2019-12-15

: If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again.\nYou see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this has taken place, Bitcoin’s hash rate, the amount of computational power being dedicated to processing blocks, has started to slow, leading some to fear that a ... ,

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At a Refugee Camp in Iraq, a 16-Year-Old Syrian Is Teaching Crypto Basics

: 2019-12-15

Here's what an unbanked refugee really thinks about crypto.

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At a Refugee Camp in Iraq, a 16-Year-Old Syrian Is Teaching Cryptocurrency Basics

: 2019-12-15

Here's what an unbanked refugee really thinks about crypto.

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Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.)\nWhile this is a decidedly bullish sign in the long term, with this signal preceding the 1,000%+ rally seen between 2016 and the end of 2017, a leading analyst has ...

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Bitcoin Weekly Forecast: BTC Trend Overwhelmingly Bearish

: 2019-12-15

After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar.\nThe price is currently trading in a bearish zone just above the $7,000 support area.\nThere is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).\nThe price is likely to accelerate its decline if there is a downside break below the $7,000 support.\n\nBitcoin price is back in a downtrend below $7,200 ...

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Ethereum Price Weekly Forecast: ETH Primed For More Downsides

: 2019-12-15

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.\nThe price is declining and it seems like it could continue to drop below $140.\nThere is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).\nThe pair is likely to face a lot of selling interest as long as it is below $146.\n\nEthereum price is struggling to recover and correct higher against the US Dollar, ...

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Microsoft Revives Nonfungible Tokens, Sparks Industry's Imagination

: 2019-12-15

Microsoft’s Azure is becoming one of the biggest names in blockchain through the use of NFTs in its new community program

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XRP Price Ready to See Strong Move; What Are Analysts Thinking?

: 2019-12-15

While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and tighter price action.\nRelated Reading: What Miner Capitulation? Bitcoin Miners Confident in Price Prospects\nIs XRP Ready to Breakout?\nEarlier this week, NewsBTC reported that Bitcoin’s ...

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What Miner Capitulation? Bitcoin Miners Confident in Price Prospects

: 2019-12-14

If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you’ve likely seen the term “miner capitulation” mentioned again and again.\nYou see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this has taken place, Bitcoin’s hash rate, the amount of computational power being dedicated to processing blocks, has started to slow, leading some to fear that a ...

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Posted from Crypto.Press with SteemPress : https://crypto.press/2019/12/15/crypto-presss-morning-crypto-news-digest-12152019-120118-pm-utc/
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