Crypto Press's Morning Crypto News Digest - 12/27/2019 12:01:19 PM - UTC

in #cryptopress2 years ago

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12/27/2019 12:00:00 PM,$BTC | #BTC - bitcoin's Current Price: ▼ $7218.6340 | 1h ▼ : -0.37 % | 24h ▼ : -0.29 % | 7d ▲ : 0.3% | More on: Bitcoin Information
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12/27/2019 12:00:00 PM,$ETH | #ETH - ethereum's Current Price: ▼ $125.1283 | 1h ▼ : -0.73 % | 24h ▼ : -0.66 % | 7d ▼ : -2.63% | More on: Ethereum Information

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: India's Payments Platform Varja Gets the Blockchain Ball Rolling ,

2019-12-27

: NPCI of India is going with blockchain to minimize processing time, secure digital payment process and faster dispute resolution ,

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Key Bitcoin Signal That Preceded 330% Rally to $14,000 Flashes Again

: 2019-12-27

If you’ve been on Crypto Twitter, you’ve likely heard the term “miner capitulation” time and time again in reference to Bitcoin.\nFor those who have been living under a rock, Bitcoin’s drop which began earlier this year led the hash rate of the underlying network to flatline. This trend led the Hash Ribbons, an indicator tracking moving averages of Bitcoin’s hash rate, to see a bearish crossover, resulting in an event known as “miner capitulation.”\nRelated Reading: ...

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Rwanda Blockchain School to Launch in 2020 for Devs, Professionals

: 2019-12-27

The Africa Blockchain Institute will launch in Rwanda in 2020, offering five core courses for developers, professionals and policymakers

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South Korea Forms Task Force for Central Bank Digital Currency Research

: 2019-12-27

The Bank of Korea will organize a task force dedicated to central bank digital currency research in 2020

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Why Bitcoin Needs to Close Above $8,000 to Catalyze Next Bull Run

: 2019-12-27

After a precipitous drop to $6,400 earlier this month, Bitcoin (BTC) has seen a strong rebound, trading as high as $7,700 just this past weekend.\nWhile some say this a precursor to a return to the bull market that graced the cryptocurrency industry for the first half of 2019, analysts say it’s too early to be bullish. Here’s why.\nRelated Reading: Early Bitcoin Adopter Throws Cold Water On Halving Narrative; Here’s Why\nBitcoin Not Yet Bullish On Macro Scale; ...

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Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming

: 2019-12-27

Bitcoin traders forecast a slow downtrend into 2020 as markets stay steady

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Bitcoin Downside Thrust Possible Before Key Reversal

: 2019-12-27

Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar.\nThe bulls need to protect the $7,120 and $7,000 support levels in the near term.\nThere is a major bearish trend line active with resistance near $7,360 on the hourly chart of the BTC/USD pair (data feed from Kraken).\nThe pair could spike towards the $7,000 support area before it attempts a strong increase.\n\nBitcoin price is holding the key $7,120 and $7,000 support levels against the ...

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Bitcoin & Crypto Market Could Rise Again: BNB, BCH, LTC, EOS Analysis

: 2019-12-27

The total crypto market cap is holding the key $182.0B and $180.0B support levels.\nBitcoin price is trading above the $7,200 support and it could start a fresh increase.\nLitecoin (LTC) price is slowly rising and it might test the $41.20 resistance.\nBCH price is up 4% and it is moving higher towards the $200 resistance area.\nEOS price is rising and it seems like it could attempt to clear the $2.700 resistance.\nBinance coin (BNB) is struggling to clear the $13.50 and $13.80 ...

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India's Payments Platform Varja Gets the Blockchain Ball Rolling

: 2019-12-27

NPCI of India is going with blockchain to minimize processing time, secure digital payment process and faster dispute resolution

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Posted from Crypto.Press with SteemPress : https://crypto.press/2019/12/27/crypto-presss-morning-crypto-news-digest-12272019-120119-pm-utc/