Bitcoin Could Reclaim Its Peak, Hit $20,000 by Year-End: Novogratz

Some in the crypto community were left wondering if Michael Novogratz was still bullish on bitcoin after he recently took some bitcoin profits and kicked himself for not taking more. Being the astute trader that he is, Novogratz was just looking to buy back in at lower levels, an opportunity that doesn’t come around every day. Turns out the Galaxy Digital CEO knew exactly what he was doing, and now he’s feeling bullish once again. After accurately predicting a period of consolidation for BTC and a range of roughly $10,000…

Bancor Raised $153 Million and Found Actual Users. Why Did Its Token Tank?

The cryptocurrency industry is still grappling with the legal implications of the initial coin offering (ICO) trend of 2017. Two years after the token boom, the value of Bancor’s BNT token is in the dumps – sinking from $4.49 in July 2017 to an all-time low last week of $0.44, according to CoinMarketCap. Yet, the project’s main investors are still holding. For example, Yoni Assia, CEO of the crypto exchange eToro, described the $153 million Bancor ICO as a “pivotal” moment for the industry and told CoinDesk he is holding BNT…

African Country Turns to Blockchain to Stem Deadly Fake Drug Epidemic

Uganda, an African country where thousands are dying each year due to counterfeit medicine, wants to put an end to its fake drugs epidemic by utilizing the blockchain. Putting an End to a Deadly Disease Fake drug counterfeiters cause as many as 158,000 people to die in sub-Saharan Africa each year in a $200 billion worldwide market. They produce look-alike medicine that contains little-to-no active ingredients as well as harmful elements, WeeTracker reported. Africa is more exposed to the counterfeit drugs epidemic than other continents as it lacks the technical…

Ethereum (ETH) Prices Back to Green, Surge 7% in 24 Hours

Ethereum (ETH) adds 7.6 percent Facebook’s Libra is more popular than ETH An independent research from eToro reveals that investors are more aware of Libra, a Facebook stablecoin set for launch in 2020, than Ethereum (ETH). Meanwhile, ETH is back to green, adding 7.6 percent in 24 hours Ethereum Price Analysis Fundamentals The discourse around Facebook’s Libra, a centralized stablecoin, is at fever-pitch. Unfortunately, the consensus is not favorable for the global stablecoin. Facebook has a bad track record on privacy. Worse, their foray into finance is agitating Congress. Visibly,…

Ripple (XRP) Prices in Consolidation Mode Despite Institutional Demand

Ripple (XRP) prices are firm above 30 cents XRP sales in Q2 2019 topped $251 million Ripple’s Q2 2019 XRP market report is enlightening. Revealing the level of XRP demand, investors now know that institutions form the bulk of buyers. In the medium-to-long term, this will help strengthen bulls targeting 50 cents and 80 cents respectively. Ripple Price Analysis Fundamentals Before shifting strategy, Ripple’s solutions were meant for institutions. As a distributed ledger technology firm with interests in global payment, their decision to focus on individuals is proving to be…

Bitcoin (BTC) Undervalued, Would Be Worth $356,000 by 2022 Says Pantera Capital Founder

Bitcoin (BTC) prices reacting from $9,500 Dan Morehead of Pantera Capital projects price to hit $356,000 by 2022 Pantera Capital’s founder, Dan Morehead, in a podcast, said Bitcoin is growing at a compound annual rate of 235 percent. At this pace, BTC’s would be worth $42,000 by the end of the year. Meanwhile, prices are relatively calm, up roughly two percent in the last day. Bitcoin Price Analysis Fundamentals By acting as money and a settlement layer, Bitcoin is a topic of discussion amongst politicians. All the same, considering the…

Indian Bureaucrat Who Favored Bitcoin Regulation Quits Finance Ministry |

The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power. A day later, Garg applied for voluntary retirement from service with effect from October 31. Handed over charge of Economic Affairs today. Learnt so much in the Finance Ministry and Economic Affairs Dept. Will take charge in Power Ministry tomorrow. Have also applied for Voluntary Retirement from…

Bitcoin Above $10,000 But Downside Risks Remain: Analyst

Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally. Noted market analyst Josh Rager said on Thursday that bitcoin could continue trending upwards until it hits $10,854. The level, as he pointed, is acting as a resistance on the daily timeframe graph. The trader also illustrated it with a chart showing how the $10,854 level earlier halted the upside attempts in the bitcoin market. Bitcoin Eyes Pullback from Two Strict Resistance Levels | Image Credits: Josh Rager The statement followed…

Bitcoin Price (BTC) Breaks Key Resistance But Can It Continue Higher?

Bitcoin price formed a strong support near the $9,500 level and recently recovered against the US Dollar. The price broke the key $9,800 and $10,000 resistance levels to move into a positive zone. This week’s highlighted major bearish trend line was breached with resistance near $9,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently struggling to gain momentum above $10,200 and the 100 hourly SMA. Bitcoin price is trading with a positive bias above the $10,000 resistance against the US Dollar, just…

Crypto Market Cap & Bitcoin Rebounds Positively: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap found support near the $250.0B level and recently corrected higher. Bitcoin price recovered more than 5% and broke the $10,000 resistance area. Litecoin (LTC) price started a strong upward move above the $90.00 and $95.00 resistance levels. BCH price is back above the $300 resistance and is trading with a positive bias. Tron (TRX) price is currently consolidating losses above the $0.0230 support level. Cardano (ADA) price is up around 10% and it is currently approaching the $0.0600 resistance. The crypto market cap and bitcoin…