bitcoin Bitcoin Price News Ethereum ripple 

Is Bitcoin Heading to Low $3,000? Traders Expect Short-Term Downtrend

On January 11, the crypto market experienced an intense sell-off as the Bitcoin price dropped below the $3,600 mark and major digital assets recorded drops in the range of 10 to 15 percent. Following a drop in the price of BTC from $4,036 to $3,503, traders expect the dominant cryptocurrency to fall below key support levels in the low $3,000 region, possibly below $3,300. Crypto Winter Not Over In mid-December, prior to Christmas Eve, many investors in the cryptocurrency market demonstrated renewed optimism toward a short-term trend reversal of Bitcoin…

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Altcoin Mining Ethereum ethereum mining proof of stake 

Inside Ethereum’s Plan To Reduce Energy Consumption by 99%

Ethereum intends to move to proof-of-stake in the future. Making a move to POS will supposedly cut the energy consumed by a hundredfold, or around 99%. There have been repeated claims that cryptocurrency uses too much energy and is therefore inefficient and environmentally unfriendly. Some reports find that mining cryptocurrency uses more energy than gold mining, some the opposite. Some researchers find that mining is overall bad for the environment. Ethereum started out with the goal of becoming a world computer, with the blockchain being the first to introduce smart…

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Altcoin Prices bitcoin constantinople Ethereum ripple 

How Did Ethereum Take Over Ripple With 80% Gain in One Month?

Over the past 30 days, the Ethereum price has risen from $83 to $150, by 80 percent against the U.S. dollar in a strong corrective rally. The Ethereum price chart (Ethereum / Dollar) On January 2, following a seven percent increase in its price, Ethereum (ETH) surpassed Ripple (XRP) to reclaim its throne as the second most valuable cryptocurrency in the global market. How Did Ethereum Rise by 80% in 30 Days? Two main factors have likely contributed to the short-term surge in the price of Ethereum in the past…

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Altcoin News Cardano Ethereum tron 

The Top 10 Cryptocurrencies Aren’t The Most Actively Developed

CoinCodeCap.com keeps track of the development activity of dozens of cryptocurrencies. Bitcoin is the 52nd most active cryptocurrency in terms of development, though it is the most active in terms of daily trading volume. It also has the largest market capitalization by far, and arguably more liquidity than several national currencies around the world. The top 10 cryptocurrencies do not necessarily line up with the most actively developed. The top 10 most active development teams in cryptocurrencies tracked on the site are: Cardano (ADA) Augur (REP) 0x (ZRX) Ethereum (ETH)…

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Altcoin News Ethereum jed mccaleb ripple Stellar tron 

Stellar, Ripple Co-Founder Jed McCaleb

Jed McCaleb According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s “way way up” even if it’s had some turbulence over the course of 2018. McCaleb was asked over the phone what his takeaways are from crypto space “beyond the price.” McCaleb said that…

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Bitcoin Analysis Ethereum Point72 ripple Traving Kling 

Big Chance Crypto is Best Performing Asset in 2019

Travis Kling Travis Kling, a former Point72 Asset Management executive, a hedge fund that oversees $12.4 billion in assets, said that there is a big chance crypto becomes the best performing asset in 2019. The Ikigai Fund founder made the case that cryptocurrencies were never present during a proper bear market in traditional finance and the decline of the Nasdaq Composite and the Dow Jones could lead more investors into the cryptocurrency space. He said: Crypto has never existed during a bear market in traditional assets. BTC was birthed at…

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bitcoin Bitcoin Analysis Bitcoin Cash Bitcoin Price News Ethereum Mark Dow 

If Bitcoin Can’t Recover to $5k to $6k in Short-Term, It’s in Trouble

Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $19,500 to $3,500, said that the dominant cryptocurrency could be in trouble if it does not escape the $5,000 to $6,000 range in the short-term. Dow, who made headlines earlier this month for exiting his short position on Bitcoin, said that the asset has to break out of major resistance levels and the failure to do so could result in a further decline in value. Can Bitcoin Breakout of $6,000? Although some traders expressed a positive sentiment…

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bitcoin Bitcoin Price News Ethereum ripple 

Crypto Market Added $45 Billion in 10 Days, is Bitcoin Close to a Bottom?

Since December 15, within a ten-day span, the cryptocurrency market added $45 billion to its valuation as Bitcoin surpassed $4,200. Many analysts are generally positive on the short-term price trend of Bitcoin heading towards the year’s end, confident that the dominant cryptocurrency has established a bottom. Prospect of Bitcoin Currently, Bitcoin and the vast majority of cryptocurrencies are undoubtedly in a bear market. From its all-time high, the Bitcoin price is still down 79 percent and other major crypto assets such as Ethereum (ETH) and Ripple (XRP) are down around…

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bitcoin Bitcoin Cash Bitcoin Price News Ethereum 

Bitcoin Surges 18% in 3 Days as it Nears $3,800: What’s Next For Market?

Since December 17, within less than three days, the Bitcoin price has surged from $3,181 to $3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $3,700 but the breakout of the dominant cryptocurrency above the $3,700 mark has led analysts to consider the possibility of the asset testing major resistance levels in the $3,800 to $4,200 range. Where is Bitcoin Heading to Next? On Monday, when the Bitcoin price was hovering at around $3,500, a cryptocurrency…

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