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cryptocurrency News

Bitcoin trading sideways again at a bit above $3,500

After dropping below $3,500 briefly yesterday and today, Bitcoin appears to be recovering slightly as it trades above that level most of the day so far. It is trading mostly sideways in a narrow $62 dollar range up to now.

Bitcoin continuing sideways trade and consolidation around $3,600

Bitcoin is still trading mostly sideways today as the price has been consolidating now for over a week. The price is hovering around the $3,600 mark with a spread of much less than one hundred dollars.

Coinstar to start selling Bitcoin in grocery stores

Coinstar, who provide machines at supermarkets where people can off-load their coins in return for shopping vouchers, are jumping onto the cryptocurrency zeitgeist, and will begin offering the option of Bitcoins for cash.

Bitcoin almost reached $3,700 after sharp drop on weekend

After a sharp drop ending up below $3,500 Sunday, Bitcoin is showing some signs of recovery today reaching a high close to the $3,700 level

New project to make cryptocurrency transfers more secure

A new project called Beam has been launched with the aim of improving cryptocurrency security and transparency. The project is centered around the word ‘confidentiality’.

Bitcoin bounces up modestly today but still below $4,000

Although recovering modestly from yesterday's dip, Bitcoin (BTC) is still well off the $4,000 level and has yet to test key resistance levels even though technical analyses suggests it should. Perhaps it will do so over the weekend.

Bitcoin moves up most of today reaching over $3,900

Bitcoin suffers serious losses in December 2019 its fifth straight monthly loss. However, it appears to be recovering on this the second day of the New Year as it rose modestly from early this morning.

Major security gaps in cryptocurrency exchanges

Research conducted by Dr. Vidy Potdar has found that nearly every exchange has massive security flaws in both their password protocols and their HTTP security protocols.

Bitcoin reaches up over $300 today after sharp drop down

After falling several hundred dollars below the $4,000 level, Bitcoin (BTC) has rebounded today reaching a level less than one hundred dollars lower than the $4,000 level.

Facebook could be building a cryptocurrency for WhatsApp

Facebook is trying to build a cryptocurrency that would power money transfers on WhatsApp, according to a new report from Bloomberg.

Bitcoin appears to be consolidating a bit below the $4,000 level

After a brief recovery from one week lows, bitcoin appears to be consolidating slightly below $4,000. Although it did manage to climb back over $4,000 briefly today it has dropped well below that level later today.

After worst November in 7 years Bitcoin appears in recovery mode

After dropping well over $2,000 during the month of November, today Bitcoin (BTC) is recovering somewhat but it remains to be seen whether this just a short term rally prior to another large drop.

Bitcoin suffers big drop of more than $800 dollars over today

The long expected big move in the Bitcoin(BTC) price came today as over the day the price dropped by over $800 dollars from over $6,200 to as low as $5,390 on CoinDesk. Bitcoin had been trading in a narrow range without any large moves for some time.

Bitcoin trading up but in a narrow range just below $6,400

Bitcoin went up today right from the open at $65,353 and managed to crawl up to a high of $6,394 level but was not able to break through the $6,400 level again. It traded all day in a narrow range.

Op-Ed: Bitcoin $6,500 plus mostly today but drops below after the close

Bitcoin's(BTC) price rose today almost from the opening and hit a high of $6,555 and ended up closing above the $6,500 level. The technical signs appear bullish but just after opening on November 8 UTC, BTC suffered a sharp drop below the $6,500 level.

Bitcoin trading in a narrow range but breached the $6,400 level

Bitcoin is trading in a narrow range again with volatility being low. However, it has managed to break through the $6,400 level, a positive sign for the bulls, and it was above that level at the close.

Investors need to be aware of crypto sites using 'pay-for-posts'

We live in a world where hardly anything can be trusted and fake news is rampant. ICOs (initial coin offerings) and crypto sites are further muddying the waters by trying to pay for posts, something that any ethical journalist would find distasteful.

Blockchain for manufacturing to hit $566 million by 2025

A new review indicates that blockchain for manufacturing is likely to show considerable growth over the next seven years, rising to $566.2 million. The biggest regions of growth will be in the U.S. and China.

Bitcoin could see a bull rally early next year analysts claim

At present, Bitcoin (BTC) has been trading basically sideways during the last 24 hours or so around the $6,500 level with a brief jog up to $6,590 and a low of $6,473.

Op-Ed: Bitcoin may not be a safe haven but seems to be in recovery mode

While there is as yet no analysis of Bitcoin price movements today by Omkar Godpole on CoinDesk there was an analysis yesterday on CoinDesk by Godpole and two other authors arguing that Bitcoin was not a safe haven but a risk asset.

Bitcoin back over $6,200 but with bearish signs

After a big drop early this morning below $6,200 for the rest of the day so far Bitcoin has recovered to well over that level as it appears to be gaining a bit of lost ground in spite of bearish signals.

Bitcoin dips briefly below $6,200 but then moves above again

Bitcoin started out over $6,600 today but dropped down to a low of $6,464 at around 06:00 this morning UTC. Since then it has recovered considerably and was at around $6,542 around 22:00 UTC. There is still no breakout up or downwards a move long overdue.

Bitcoin breaks over $6,600 but with no clear up or down direction

Bitcoin(BTC) still continues trading in a narrow range over the weekend and into Monday without any significant breakthrough up or down in spite of the fact that a sharp break has been expected for several days now.

Bitcoin trading sideways over $6,500 with no big break up or down

Bitcoin rose up over the open a hundred dollars early in today's trading but since then has been trading sideways above the $6,500 level

Q&A: New blockchain for water treatment solutions Special

The drivers for improving a country’s water system can be progressed through the use of tokens, according to the company behind WaterChain’, a new cryptocurrency to fund the necessary new tranche of smaller, decentralized water treatment systems.

Q&A: How millennials can take advantage of cryptocurrency Special

Cryptocurrency has undergone an extensive revolution, and its capabilities stretch far beyond bitcoin. Millennials are fueling this trend, and, according to Riggs Eckelberry, the potential for its uses in the future is endless.

Bitcoin trading around $6,500 level without clear direction yet

Bitcoin(BTC) is continuing trading mostly sideways in a narrow range. It was expected to establish a definite trend up or down. The level of least resistance is down but so far a definite break has not happened.

Bitcoin direction uncertain as it trades near $6,700 level

Bitcoin's price appears to be stuck for now around the $6,700 level after a sharp break downward did not come to pass with the price rising through $6,800 on Bitfinex earlier today but then falling back below $6, 700 again.

Bitcoin breaks through $6,500 level briefly today

Although it looked as if Bitcoin(BTC) might be headed down, today it actually has been gaining. Indeed, it reached a high of over $6,500 again rather than testing the $6,000 level on the downside.

Bitcoin drifting down today but still above $6,000

BItcoin(BTC) has had a down day, dropping down sharply early in the day and since trading mostly sideways within a relatively narrow range.
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