Crypto Press's Morning Crypto News Digest - 12/22/2019 12:01:18 PM - UTC

12/22/2019 12:00:00 PM,$BTC | #BTC - bitcoin's Current Price: ▲ $7216.5513 | 1h ▲ : 0.01 % | 24h ▲ : 0.48 % | 7d ▲ : 1.27% | More on: Bitcoin Information

12/22/2019 12:00:00 PM,$ETH | #ETH - ethereum's Current Price: ▲ $130.2265 | 1h ▲ : 0.08 % | 24h ▲ : 1.42 % | 7d ▼ : -8.85% | More on: Ethereum Information

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: Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under the pressure of BTC volatility.\nRelated Reading: Crypto Market’s Long-Term Trend is Positive: Binance CEO Explain Why\nDespite the fact that the cryptocurrency ... ,

‘Tis the season for introspection. And this year, my thoughts are on bitcoin.

‘Tis the season for introspection. And this year, my thoughts are on bitcoin.

Statistics show that the Bitcoin price may be on the verge of seeing a red week. No, by red I don’t mean Christmas, I mean a week in which the cryptocurrency falls, potentially to enter back in the range of the $6,000s.\nRelated Reading: Lightning Works: Bitcoin Podcaster Finds Restaurant Shunning Banks for BTC\nBitcoin Futures’ Imply BTC Has Red Week Ahead\nWhile Bitcoin futures are cash-settled, meaning that the coins backing the contracts don’t actually ...

As deepfakes start to become more common, experts believe blockchain can play its part in countering the spread of misinformation

In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12.5 to 6.25, effectively meaning that BTC’s inflation rate will be cut in half in layman’s terms.\nRelated Reading: XRP Could Soon Fall Against Bitcoin, Analyst Warns as Pressure Builds\nThe halving mechanism, should it be kept in the code in the decades to come, will ensure that there will ...

There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar.\nThe price is now trading nicely above the $7,000 and $6,960 support levels.\nThere is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).\nThe price could decline a few points before it starts a fresh increase above the $7,300 resistance.\n\nBitcoin price is now trading in a positive zone above $7,000 against ...

ETH price started an upside correction and climbed above the $125 resistance against the US Dollar.\nThe price is currently consolidating above $125 and it could continue to recover.\nThere is a key bearish trend line forming with resistance near $132 on the 4-hours chart of ETH/USD (data feed via Kraken).\nThe pair could dip a few points, but it remains well supported near $125 and $122.\n\nEthereum price is holding a few important supports against the US Dollar, similar to ...

Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under the pressure of BTC volatility.\nRelated Reading: Crypto Market’s Long-Term Trend is Positive: Binance CEO Explain Why\nDespite the fact that the cryptocurrency ...