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Bitcoin (BTC) Price Showing Signs Of Bearish Continuation

Bitcoin price is struggling to rebound and declining below the $9,300 support against the US Dollar.
The price is likely to accelerate decline if it breaks the $9,120 support area.
There is a major bearish trend line forming with resistance near $9,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Similarly, there were bearish moves in Ethereum and ripple in the past three sessions.

Bitcoin price is showing bearish signs below $9,300 and $9,240 against the US Dollar. BTC price could accelerate losses if it continues to struggle below $9,300.....

https://btccashinvest.com/bitcoin-btc-price-showing-signs-of-bearish-continuation/

‘Bitcoin is the reserve currency of crypto,’ says Andreas Antonopoulos

Bitcoin has often been hailed as the king coin of the market, with its ten years of triumphant existence and its mass reach in comparison to other cryptocurrencies. Over time, the king coin has been labeled as a peer-to-peer electronic cash system, digital gold, and a store of value...

https://btccashinvest.com/bitcoin-is-the-reserve-currency-of-crypto-says-andreas-antonopoulos/

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Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million

Crypto investor Michael Terpin has written an open letter to Federal Communication Commission (FCC) chairman Ajit Pai requesting urgent action on SIM swapping fraud.

Terpin, a victim of SIM swapping himself, asked the regulator to make mobile carriers hide customer passwords from employees and to provide a “no port” option, whereby customers would have to go through a company’s fraud department before transferring their SIM information to a new phone...

https://btccashinvest.com/michael-terpin-urges-fcc-to-curb-crypto-fraud-that-cost-him-24-million/

Lump Sum Bitcoin Investors Makes More Profits than DCA

Investors who put all their capital at once into bitcoin win more than those who invest strategically over some time, according to a study conducted by Shitcoin Ninja.

The crypto researcher noted that Lump Sum – an act of investing everything available at once into bitcoin – works better than the Dollar Cost Strategy (DCA), which requires investors to invest in installments. He reached the said conclusion after conducting two parallel “trial” investments of $10,000 each.

https://btccashinvest.com/lump-sum-bitcoin-investors-makes-more-profits-than-dca/

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Bullish Cross on Daily MACD Points to $12K Bitcoin in November

Following a continued downtrend and recent lows around $7,700 being defended by bulls, Bitcoin price is currently trading at $8,300 after a surge to $8,800 overnight last night was rejected with force by bears.

However, according to a bullish crossover on the already oversold daily MACD, Bitcoin price could be targeting the previous high of $12,000 as early as November if bulls can build on the momentum that is mounting...

https://btccashinvest.com/bullish-cross-on-daily-macd-points-to-12k-bitcoin-in-november/

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UNICEF Launches Cryptocurrency Fund for Disbursement of Grants

UNICEF announced, in New York City, that they are rolling out the ‘UNICEF Crypto Fund’ in order to use cryptocurrency donations received to disburse grants to projects around the world that are trying to improve the quality of infrastructure, education, and connectivity, October 9, 2019. Aya Miyaguchi, executive director of the Ethereum Foundation, announced that the Foundation will give UNICEF 100 ETH, making them the first donor....


https://btccashinvest.com/unicef-launches-cryptocurrency-fund-for-disbursement-of-grants/

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Bitcoin Price (BTC) Primed For Lift-Off Towards $8,800

Bitcoin price is holding the $8,200 support area with positive moves against the US Dollar.
The price is likely to revisit the $8,500 resistance area and it might even surpass the stated level.
There is a new connecting bullish trend line forming with support near $8,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The price remains well supported on the downside and it could climb higher towards $8,800.
Bitcoin price is showing signs of an extended recovery above $8,500 against the US Dollar. BTC is likely to rise slowly unless it breaks the $8,000 support area...

https://btccashinvest.com/bitcoin-price-btc-primed-for-lift-off-towards-8800/

Why Analyst Says Bitcoin Price Likely to Recover to $9,000 After 23% Pullback

The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency market.

Since falling to $7,700, the bitcoin price has recovered to $8,200, critically avoiding a steep drop to the low $7,000 region to test low-level supports in the short term...


https://btccashinvest.com/why-analyst-says-bitcoin-price-likely-to-recover-to-9000-after-23-pullback/

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And The Cryptocurrency Most Similar To Bitcoin For Gains Is…

Bitcoin is still in a league of its own when its comes to its behavior in terms of fiat currencies such as the US dollar. However, one asset in particular shows almost 69% correlation to BTC monthly price gains, new data shows...

https://btccashinvest.com/and-the-cryptocurrency-most-similar-to-bitcoin-for-gains-is/

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UAE Initiates Blockchain Strategy, Launches Distributed Database of Medical Professionals

As part of the Emirates Blockchain Strategy 2021, the UAE has announced a blockchain-based database for information assessment of medical professionals, including doctors, pharmacists, and technicians. Arabian Gazette reports that this is to help create a database of all the medical professionals in the country to aid the government with maintaining a database with integrity and allowing medical establishments access to potential hires, September 18, 2019...

https://btccashinvest.com/uae-initiates-blockchain-strategy-launches-distributed-database-of-medical-professionals/

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SportsCastr Brings Cryptocurrency to Sports Lovers with FanChain

SportsCastr, a live video platform for sports, has announced the launch of FanChain an Ethereum blockchain-powered platform that rewards sports fans with its native FANZ token when they make reasonable comments during game telecasts, according to a press release, September 17, 2019.

“THE RISE OF DIGITAL-FIRST DISTRIBUTION PLATFORMS, SOCIAL MEDIA, LIVE VIDEO AND BLOCKCHAIN TECHNOLOGY HAVE ALL CONVERGED TO PAY THE WAY FOR SPORTSCASTR TO THRIVE. WITH THE LAUNCH OF FANCHAIN, ANYONE CAN USE SPORTSCASTR TO NOT ONLY CONNECT WITH A GLOBAL NETWORK OF LIKE-MINDED SPORTS FANS BUT TO ENTER A NEW DIGITAL ECONOMY.”

...


https://btccashinvest.com/sportscastr-brings-cryptocurrency-to-sports-lovers-with-fanchain/

Crypto Exchanges to Share Data with Banks in New System

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain...

https://btccashinvest.com/crypto-exchanges-to-share-data-with-banks-in-new-system/

Four Out of Five Top Bitcoin QR Code Generators are Scams: Report
Cryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam QR Code generators. The company explains how the alleged scam works: ...
https://btccashinvest.com/four-out-of-five-top-bitcoin-qr-code-generators-are-scams-report/

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Watch ‘Bitcoin Joe’ Kernen DESTROY Libra With 5 Punches

By CCN Markets: Facebook’s Libra cryptocurrency isn’t getting any love from CNBC host Joe Kernen, better known on Crypto Twitter as “Bitcoin Joe.”

Reacting to a report indicating that founding members of the Libra Association had developed cold feet after the pushback the cryptocurrency has received, the recent Bitcoin convert stated that he has never liked the Facebook coin “one bit.”

https://btccashinvest.com/watch-bitcoin-joe-kernen-destroy-libra-with-5-punches/

India Adopts Blockchain and IoT for Safe Delivery of Life-Saving Vaccines

In a bid to enhance global delivery of life-saving vaccines and eliminate wastage, Siddarth Chakravarty, a former Cisco employee and entrepreneur is developing a distributed ledger technology (DLT) based solution that enables end-to-end tracking of vaccines, reports Times of India on August 10, 2019...

https://btccashinvest.com/india-adopts-blockchain-and-iot-for-safe-delivery-of-life-saving-vaccines/

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Bitcoin Fun Fact: Tony Hawk Has Been HODLing Since Sub-$1,000 BTC
More people own Bitcoin (BTC) than you may think. In a resurfaced tweet, Tony Hawk, a legendary skater whose name graces countless video game names, claimed to have been HODLing the crypto asset for years now.

Related Reading: Double Jeopardy: Bitcoin and Blockchain Featured on TV Game Show Yet Again
Responding to a chart that accentuated the parabolic nature of Bitcoin’s chart, which then resembled a skate ramp, Hawk quipped that he’s been “riding” BTC for “six years”, adding that he has yet to cash out of his position.
While it isn’t clear how much BTC the professional athlete has his hands on, the cryptocurrency traded well under $1,000 for most of 2013, making it likely that Hawk owns at least a few dozen coins...

https://www.btccashinvest.com/2019/07/06/bitcoin-fun-fact-tony-hawk-has-been-hodling-since-sub-1000-btc/

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