Bitcoin Drops From $7,900 to $6,600 as Crypto Market Takes a Beating

Join our community of 10 000 traders on Hacked.com for just $39 per month. The valuation of the entire cryptocurrency market has declined to $253 billion, down $100 billion over the past week. The price of most major cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash dropped by more than 13 percent throughout March 30. Slump Continues Over the past 24 hours, the price of bitcoin dropped from $7,900 to $6,600, recording a 12.6 percent decline in value. Ethereum, Ripple, and Bitcoin Cash all declined by more than 12 percent,…

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Ethereum Price Technical Analysis – ETH/USD Breaks Down

Key Highlights ETH price came under heavy selling pressure and declined below $400 against the US Dollar. There is a major bearish trend line forming with resistance at $410 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points in the near term, but upsides are likely to be capped by $400 and $410. Ethereum price declined heavily against the US Dollar and Bitcoin. ETH/USD is now well below the $400.00 level and it remains at a risk of more losses. Ethereum Price…

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Bitcoin Cash Price Technical Analysis – BCH/USD Crashes Below $700

Key Points Bitcoin cash price struggled to move higher and declined sharply below the $700 level against the US Dollar. There are two key bearish trend lines forming with resistances near $750 and $850 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair may continue to struggle, and it could even trade towards $600 in the near term. Bitcoin cash price faced a lot of heat and declined sharply against the US Dollar. BCH/USD even traded below he $700 level and it remains at a…

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Ford Motor Company | Want’s Crypto To Infiltrate Our Driving

What hasn’t cryptocurrency taken over yet? For one thing, vehicles, but this may not be the case for long. Vehicle manufacturer Ford Motor Company wants to use cryptocurrency technology to infiltrate cars so that they can communicate with each other while driving. Bitcoin.com reports that Ford has been granted a patent which will allow the company to do so. The patent was granted to Ford Global Technologies, LLC, the subsidiary in charge of owning, managing, and commercializing patents and copyrights for its parent company Ford Motor. The patent is for…

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Ethereum, Ripple Prices Plunge as Coins Post 2018 Lows

Join our community of 10 000 traders on Hacked.com for just $39 per month. The cryptocurrency markets continued to sour on Thursday, as the first quarter’s bearish wave continued to reverberate throughout the nascent industry. A variety of altcoins sunk to year-to-date lows and large-cap coins like Ethereum and Ripple were not immune from the bloodbath. Source: CoinMarketCap Altogether, the cryptocurrency market cap shed another $17.8 billion — a daily decline of six percent — reducing it to a lean $281.3 billion and placing the $300 billion threshold further out…

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Video Game Giant Unity to Work With Mobile App Kik’s ICO Token

The Kin Foundation wants video game developers to help take the kin cryptocurrency mainstream – and it has just scored the assistance of industry giant Unity Technologies. Unity is the maker of a popular game engine that can be used by other developers. Notable games built with Unity’s engine include Cuphead, Pokémon Go and Kerbal Space Program, among numerous others. The company is the first participant in kin’s “decentralized ecosystem for digital services and applications.” Created by messaging app firm Kik, the initial coin offering of the kin token garnered…

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Did Futures Markets Dampen Bitcoin Price and the Entire Crypto Industry?

Join our community of 10 000 traders on Hacked.com for just $39 per month. Late last year, the cryptocurrency community highly anticipated a surge in bitcoin price after the launch of the bitcoin futures market operated by the Chicago Board Options Exchange (Cboe) and CME Group, two of the largest options exchanges in the global market. Almost immediately after the entrance of Cboe and CME Group in the cryptocurrency market, the price of bitcoin started to surge rapidly. Within weeks, the price of bitcoin peaked at $19,000, surpassing $24,000 in…

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Eurasian Blockchain Association | To sue Social Media “cartels”

A few hours ago the Russian portal TASS published an article in which they mentioned that the Russian Association of Cryptocurrency and Blockchain (RACIB), The Korea Venture Business Association and LCBT – a Chinese association of crypto-investors, have joined forces to create a group. This group plans to unite over crypto initiatives and care for the interests of crypto adopters of both continents. They have called itself; the Eurasian Blockchain Association (Евразийская ассоциация ассоциация блокчейна). One of the first tasks this organization has set itself is to prepare a lawsuit…

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Bitcoin Price Bull Lee Says HODL On amid Market Slump for Later Gains

Join our community of 10 000 traders on Hacked.com for just $39 per month. Fundstrat’s Thomas Lee is emerging as a voice of reason for cryptocurrency investors even as bitcoin continues to trade in the doldrums. JPMorgan Chase’s former chief equity strategist is applying the lessons of the stock market to bitcoin investing. Trying to time the market is “challenging” because bitcoin even in its short history has proven to generate most of its annual returns over less than a two-week period each year, according to Lee in a note entitled “Why…

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Fundstrat’s Tom Lee Makes His Case For HODL-ing On To Bitcoin | CNBC

Tom Lee, Fundstrat, discusses why he’s still bullish on bitcoin. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Fundstrat’s Tom Lee Makes His Case For HODL-ing…

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