Bitcoin Bulls Rejected Hard At $11,500 Retest, Rapid $250 Drop Follows


Bitcoin price is experiencing a surge of intraday volatility, rocketing $150 in minutes then collapsing more than $250 just moments later.

Here’s what is going on in the top-ranked cryptocurrency and what to watch for as price action to develops.
Triangle False Breakout Rejects Bulls Back Below Resistance At $11,500

Bitcoin’s notorious volatility is back after a short-lived phase of tranquility. Explosive price action this week following a bullish breakout of a downtrend line on the heels of Square news sent the cryptocurrency well above $11,000 and kept climbing...

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https://ecoindiscuss.com/bitcoin-bulls-rejected-hard-at-11500-retest-rapid-250-drop-follows/

Bitcoin Just Posted the “Most Important Breakout” in BTC History



Bitcoin and the aggregated cryptocurrency market are currently consolidating after BTC, ETH, and other altcoins ran into insurmountable resistance this past Saturday.

Despite the selling pressure here being heavy, it is essential to note that the cryptocurrency remains technically strong, as it has yet to see any harsh rejection....

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https://ecoindiscuss.com/bitcoin-just-posted-the-most-important-breakout-in-btc-history/

How Three Crypto Unicorns Going Public In 2021 Could Boost Bitcoin


Something special seems to be brewing in the crypto industry lately. Bitcoin is becoming a respected and mature financial asset, and the businesses associated with them are finally getting the respect they demand too

Visit https://ecoindiscuss.com/how-three-crypto-unicorns-going-public-in-2021-could-boost-bitcoin/ for more details.

Ethereum Could Push to $420 if It Flips One Key Level into Support


Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers
This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC


for more details visit: https://ecoindiscuss.com/ethereum-could-push-to-420-if-it-flips-one-key-level-into-support/

Bitcoin’s Struggles Continue at $11,300 On OKEx Withdrawals Suspension (Market Watch)


Bitcoin continues to struggle and has dropped by another 1% to about $11,300. The alternative coins bleed out and have wiped out most of the recent gains.

These developments could be attributed to news that the popular exchange OKEx has seized withdrawals and is cooperating with a “public security bureau in investigations where required.”..

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https://ecoindiscuss.com/bitcoins-struggles-continue-at-11300-on-okex-withdrawals-suspension-market-watch/

All You Need To Know About Debt Relief management


Do you have a debt to pay as an individual or a small business owner? Is it becoming more and more difficult to repay it? Then, it is time to consider applying for debt relief. And, what is debt relief? Well, it is the renegotiation of your debt with the lender so you can repay it more easily. If successful, you can have better conditions to fulfill your obligations. This will give you more peace of mind as a person and the ability to carry on with your business too if you are a business owner...


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https://ecoindiscuss.com/all-you-need-to-know-about-debt-relief-management/

5 Years After Launch, Predictions Market Platform Augur Releases Version 2



The ultimate decentralized finance (DeFi) money Lego has arrived: Augur Version 2 released July 28, according to the Forecast Foundation.

“The Augur v2 protocol contracts have been successfully deployed to the Ethereum Mainnet. The contracts have been verified on Etherscan, and the deployers address can be found here,” the blog reads.

Originally launched in 2015, Augur was one of the first initial coin offerings (ICO) and Ethereum apps to garner notable attention for its blockchain betting market. And now v2 has all the bells and whistles of today’s DeFi market including the Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s dai and Uniswap’s v2 oracle network...


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https://ecoindiscuss.com/5-years-after-launch-predictions-market-platform-augur-releases-version-2/

Bitcoin’s Struggles Continue at $11,300 On OKEx Withdrawals Suspension (Market Watch)

Bitcoin continues to struggle and has dropped by another 1% to about $11,300. The alternative coins bleed out and have wiped out most of the recent gains


Visit https://ecoindiscuss.com/bitcoins-struggles-continue-at-11300-on-okex-withdrawals-suspension-market-watch/ for more information.

Big Bitcoin prediction, OKEx spooks markets, Ripple exec’s big mistake


Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!

For more details visit: https://ecoindiscuss.com/big-bitcoin-prediction-okex-spooks-markets-ripple-execs-big-mistake/

Here’s Why Bitcoin Breaking Higher Now Would Trigger a Massive Move


While Bitcoin has seen strong volatility on a day-to-day and week-to-week basis, it is flat on a macro scale. The crypto-asset has basically traded in the same $3,000 range for five months now.


For more details visit: https://ecoindiscuss.com/heres-why-bitcoin-breaking-higher-now-would-trigger-a-massive-move/

3 Reasons Why Bitcoin Rebounded, Dollar Slumped Ahead of Powell’s Speech


It is Monday. Bitcoin is holding above crucial technical support at $11,400. Meanwhile, its safe-haven rival, the US dollar, is experiencing a sharp decline

For more details visit: https://ecoindiscuss.com/3-reasons-why-bitcoin-rebounded-dollar-slumped-ahead-of-powells-speech/

Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market


Ethereum has been slowly pushing up towards $380 again following its recent break below this level.

For this level to catalyze an upswing, it must be both surmounted and confirmed as support. A rejection here, however, would be grave for its short-term trend.

Where ETH trends next may depend largely on Bitcoin – which has been guiding the aggregated market.

That being said, one analyst is noting that ETH has one of the best market structures seen throughout the market, which may boost its price action in the weeks and months ahead...


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https://ecoindiscuss.com/heres-why-ethereum-has-the-best-ta-structure-in-the-crypto-market/

Bitcoin Miner Daily Revenue Slumps to $345K Amid Rising Wrapped BTC and HODLing Frenzy


It is a well-known fact now, that the Bitcoin blockchain is considerably processing fewer transactions than it’s ‘Ethereum’ counterpart. And this decline in transaction processing has significantly reduced the revenue of miners as well

log onto https://ecoindiscuss.com/bitcoin-miner-daily-revenue-slumps-to-345k-amid-rising-wrapped-btc-and-hodling-frenzy/ for more details

Bitcoin Bulls Back In Driver’s Seat, More Upsides Above $12K Likely


Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar. BTC is now struggling near $11,800, but it is likely to continue higher


for more details visit: https://ecoindiscuss.com/bitcoin-bulls-back-in-drivers-seat-more-upsides-above-12k-likely/

Bitcoin Closes on $12K But a Wall of Sell Orders Awaits: Analyst


Bitcoin is on the rise toward $12,000, but may face a stiff challenge to cross the price hurdle.


For more details visit. https://ecoindiscuss.com/bitcoin-closes-on-12k-but-a-wall-of-sell-orders-awaits-analyst/

Is Bitcoin changing hands or being exchanged for altcoins?


HODLers are known to sell at the top of the market cycle. However, since the price rally in July 2020, dormant coins from 2017 and 2018 are selling at the current price level. Pioneer of on-chain analysis, Willy Woo recently tweeted saying,...


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https://ecoindiscuss.com/is-bitcoin-changing-hands-or-being-exchanged-for-altcoins/

Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K


Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions.

Digital currency markets have increased a great deal during the last 24 hours as the aggregate crypto market capitalization is nearing $400 billion. The price of bitcoin (BTC) spiked on Wednesday morning after Paypal revealed cryptocurrency support during the morning trading sessions...

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https://ecoindiscuss.com/market-update-bitcoin-nears-13000-holds-record-breaking-87-day-streak-above-10k/

Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher


Bitcoin and the aggregated crypto market are starting to show some signs of strength following the recent turbulence.

Yesterday, BTC rallied independent from the rest of the market, posting notable gains while many altcoins cratered lower.

This led many to call for an end to the recent bull trend seen in the altcoin market, but many of these smaller tokens have since recovered much of their recent losses...

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https://ecoindiscuss.com/here-are-three-factors-suggesting-bitcoin-is-poised-to-explode-higher/

How Bitcoin Breaks $20K: The Answer Lies in Gold-M2 Correlation


Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit $20,000 shortly. While many analysts believe it would happen, some disagree.

Popular crypto bull Joe007 said earlier this week that Bitcoin would face liquidity problems if it surges towards $20K. He noted that only a few investors would want to purchase the cryptocurrency at its all-time high “for actual dollars.” Quite conversely, the absence of buying orders would reduce its bids that, in turn, would follow a more in-depth price correction...

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https://ecoindiscuss.com/how-bitcoin-breaks-20k-the-answer-lies-in-gold-m2-correlation/

9jacash:
Why Should I Play at a Bitcoin Casino?




Crypto casinos are fast becoming popular among enthusiasts of online gambling. That’s because the benefits outweigh the newness of the technology and the risks it poses.

What are a few benefits of playing your favorite online casino games on a platform that accepts Bitcoin and other cryptocurrencies?

For more details... https://ecoindiscuss.com/why-should-i-play-at-a-bitcoin-casino/

Hello, Man. Just explain to me which advantages have casinos that accept bitcoins and other cryptocurrencies? It is just a kind of currency and it is really possible for the casino to scam users. I believe if you are going to play with cryptocurrency it is necessary to choose some platform that is based on the blockchain technology like fairspin or something else. As I know you can check the honesty of all results of your games. I am just tired to explain that the crypto casinos are not different from the traditional.

How Corporate Bitcoin Treasuries Help Us All – Bitcoin Magazine


he last three months in Bitcoin have been marked by large corporate entities transitioning significant portions of their treasury holdings into bitcoin. In August, software intelligence company MicroStrategy announced that it purchased 0.1 percent of the total BTC supply (its CEO Michael Saylor has since gone full maxi, and become a bit of a celebrity in the space). Major payments company Square, which has been offering BTC exposure to users of its mobile payments platform for some time, allocated $50 million of its assets to bitcoin in early October. And just yesterday, U.K. fintech company Mode allocated 10 percent of its cash reserves to buy BTC as a treasury asset...

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https://ecoindiscuss.com/how-corporate-bitcoin-treasuries-help-us-all-bitcoin-magazine/

Can Fidelity Investments Post Record Profits with Bitcoin, Crypto?


Fidelity Investments just posted record profits for 2019. They had a 9.5% rise in operating income which brought the total to $6.9 billion. Fidelity’s revenue rose 2% to reach $20.9 billion, and they were also able to increase their Assets Under Management (AUM) to $3.2 trillion, up almost a trillion from the previous year...


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Bitcoin Temporarily Stopped at $13,000


Following the past couple of days of significant price developments within the cryptocurrency space, most assets have calmed. Bitcoin remains just shy $13,000, while some of the altcoins have even retraced slightly...


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https://ecoindiscuss.com/bitcoin-temporarily-stopped-at-13000/

You Can Now Earn 200% on Your Investments With ETHx2.io


PRESS RELEASE. With the current market crashing and jobs either disappearing or not paying enough, everyone is forced to lower their expenses or work multiple jobs just to keep up. Those times are now over with ETHx2.io.

ETHx2.io helps all the investors earn 200% of what they are investing without working. All that you have to do is invest your ETH and watch as your profits start rising...


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https://ecoindiscuss.com/you-can-now-earn-200-on-your-investments-with-ethx2-io/

Bitcoin Car Finishes First in Virtual NASCAR Race Beating National Champion Kyle Busch


A bitcoin-themed car has won an e-NASCAR race, beating professional Cup Series racers, including Dale Earnhardt Jr. and Kyle Busch. While sporting events have been postponed due to the coronavirus pandemic, many NASCAR drivers have moved to race virtually...

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https://ecoindiscuss.com/bitcoin-car-finishes-first-in-virtual-nascar-race-beating-national-champion-kyle-busch/

Here’s Why Analysts Think That Ethereum’s Uptrend Remains on Track



Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close.

Despite the mixed price action, analysts think ETH remains in bullish standing...

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https://ecoindiscuss.com/heres-why-analysts-think-that-ethereums-uptrend-remains-on-track/

Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline

Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest.

According to data by Bitinfocharts, it cost an average of $5.75 to send a transaction over the Bitcoin blockchain on Saturday, up from around $1.8 five days earlier...

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https://ecoindiscuss.com/bitcoin-transaction-fees-spike-350-in-a-month-as-eth-fees-decline/

Number of Bitcoin ‘Whale’ Addresses at Highest Since Fall 2016


The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups...


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Retail Investment in Bitcoin Soars to a New All-Time High


Just a few hours back, bitcoin (BTC) price surged back higher to $13,500 and established a new high for this year. But along with BTC’s near exponential rise in valuation, retail buyers of the cryptocurrency have also soared and are now at an all-time high. Is this a direct result of a rally-induced FOMO?...


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https://ecoindiscuss.com/retail-investment-in-bitcoin-soars-to-a-new-all-time-high/

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis


Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea...


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https://ecoindiscuss.com/10-countries-actively-regulating-cryptocurrency-despite-global-crisis/

Bitcoin is The Biggest Bubble Ever, Says Peter Schiff… Again


Bitcoin skeptic Peter Schiff has done it again: The notorious gold bug, famous for being the owner of the only Bitcoin wallet capable of forgetting passwords, claimed that this time —unlike his other failed predictions— Bitcoin is genuinely about to die .

Shortly before the price correction on Oct. 20, 2020, the investor went on Twitter to unload his thoughts on the famous cryptocurrency, declaring it to be the worst bubble he’d ever seen. Schiff explained that the “level of conviction buyers have in their trade” is so high that it beats famous dark episodes in the history of finance like the dot-com bubble or the 2006 real estate crisis...

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https://ecoindiscuss.com/bitcoin-is-the-biggest-bubble-ever-says-peter-schiff-again/

Bitcoin at $13K: Gauging impact of expiry of 62k BTC options


The Bitcoin market after moving to its yearly-high of $13,864 had fallen under $13k on 28 October and has since bounced back. As Bitcoin traded at $13.2k, at press time, the outcome from the approaching BTC options expiry remains undecided...


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https://ecoindiscuss.com/bitcoin-at-13k-gauging-impact-of-expiry-of-62k-btc-options/