Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bloomberg Issues Bitcoin (BTC) and Crypto Alert – Plus Ripple, XRP, Litecoin, Ethereum and Stellar Updates

by Daily Hodl Staff
October 30, 2019
in Altcoins
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

‎‎‎ ‏‏‎

ADVERTISEMENT

From the aftermath of Bitcoin’s big rebound to new adoption for Litecoin, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Bloomberg says a historical analysis of Bitcoin’s prior price action indicates that the king of crypto is likely to retreat in the short term, pushing the broader crypto market down along with it.

“The largest digital currency gained nearly $2,500 at its peak this week following positive comments regarding blockchain technology from Chinese officials. But it hit a ceiling at $10,000, indicating that tougher times could lie ahead.”

According to daily analyst Josh Rager, BTC now needs to break resistance at about $9,550 to continue its recent uptrend and crack $10k.

ADVERTISEMENT

“Lower time frame chart shows price in a few hundred dollar range. Daily support below, while overhead is the weekly and monthly open (resistance) with a break and close above these areas on higher time frames will likely be a signal to move up in the $10ks.”

Source: Josh Rager/Twitter

Ethereum

A new edition of the Week in Ethereum blog post is out.

The post covers the latest on the scalability upgrade known as Ethereum 2.0 and details a number of updates on Ethereum-based platforms such as Maker and Compound.

You can check out the full post here.

ADVERTISEMENT

Ripple and XRP

Ripple’s global head of government relations Michelle Bond and director of the Blockchain Association Kristin Smith talked about global regulation of the emerging technology at the 2019 UBRI Connect conference in Berkeley, California.

The two talked about the role of digital assets like XRP and the need for smart laws in the US and abroad.

Smith says she’s concerned US lawmakers and policymakers are forcing companies to move their operations overseas.

“I’m very worried and I don’t think that is an irrational or paranoid viewpoint to take. Companies, even within members of the Blockchain Association, are moving their operations overseas… because there are strong consumer protections in place and certainty in those regulatory frameworks.”

Litecoin

The Swiss crypto ATM company Bity just added support for Litecoin.

The addition allows people to buy LTC with cash, in addition to Bitcoin, Ethereum and Monero. The ATMs support the Swiss franc and the euro.

ADVERTISEMENT

Stellar

The crypto exchange Binance says a recent upgrade to the Stellar network has removed staking.

The move means holders of XLM can no longer stake their coins, which essentially gives holders voting power and the ability to earn dividends by locking up their funds.

“Binance will distribute staking rewards earned from Stellar earned up until the time of the upgrade, which occurred at 2019/10/28 4:00 PM (UTC).

Users will still receive the October XLM distribution in the first 5 days of November. Moving forward, users will no longer receive any Stellar rewards.”

ADVERTISEMENT
Follow us on Facebook            Join us on Telegram            Follow us on Twitter


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
  • Student Coin Found New Ways to Use Crypto
    February 24, 2021
  • Everest Receives Crypto Custodian Approval
    February 23, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$46,723.00
$46,723.00
1.13%
Ethereum
$1,472.52
$1,472.52
0.21%
Binance Coin
$226.43
$226.43
0.17%
Polkadot
$33.61
$33.61
15.38%
Cardano
$1.47
$1.47
35.75%
XRP
$0.434276
$0.434276
1.56%
ADVERTISEMENT

Spotlight

  • Public Companies Will Mirror Tesla’s Bitcoin Investment, Says Wealth Management Exec – Here’s Why
    February 23, 2021
  • Goldman Sachs and JP Morgan Reportedly Buying Exposure to One Crypto Asset – And It’s Not Bitcoin or Ethereum
    February 21, 2021
  • Confusion Over Billion-Dollar Whale Transfer May Have Triggered Crypto Crash, According to On-Chain Analyst Willy Woo
    February 25, 2021
  • Elon Musk Compares Crypto to Gold, Says Prices of Bitcoin and Ethereum Seem High
    February 22, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

×
We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.