Weekly Recap | Bitcoin breaks downward monthly trend line, shows 4% gains in past 24 hoursBTC 📈 $8227 (+2.95%) / ETH 📈 $175 (+1.45%) / XRP 📈 $0.29 (+1.7%)
Top stories of the past week🌊 XRP’s technical indicators are bullish in anticipation of Ripple Swell 📈 Bitcoin is approaching $1 billion in all-time transaction fees, $15 billion in miner fees 😯 As Bitcoin price nears 50% drop, analyst foresees deeper correction for Ethereum 🎢 After 3 weeks of stagnation, traders say Bitcoin poised to see big volatility Bitcoin breaks downward monthly trend line, shows 4% gains in past 24 hoursOn Sunday, Oct. 20, crypto analyst Alistair Milne shared a chart that shows Bitcoin breaking its monthly downward trend, finishing its weekly close up 4 percent in the past 24 hours. Is decentralization the future of social media monetization?Two weeks ago, it was announced that IOV Labs, the parent company of smart contract platform RSK, has acquired Latin American social media network, Taringa. Binance Exec: Bitcoin futures volume rose significantly in 2019, as it raises leverage to 125xSpeaking to CryptoSlate in an exclusive interview, Binance Futures Director Aaron Gong said that the Bitcoin futures volume in 2019 increased significantly, expressing confidence in the long term trend of the market. As Bitcoin price nears 50% drop, analyst foresees deeper correction for EthereumSince achieving $13,920 at the yearly peak, the Bitcoin price is nearing a 50 percent drop and according to a technical analyst, it could mean a larger correction for Ethereum. OKEx says Bitcoin’s latest struggles shouldn’t worry investorsWhile Bitcoin’s drop below $8,000 caused a stir in the market, OKEx says the downfall will most likely be short-lived. ICYMI🤦🏻♂️ Craig Wright and Nouriel Roubini agree that centralization isn’t a problem that needs solving 🐌 Billionaire investor warns of big economic slowdown; how will Bitcoin react? 👟 Cardano shares details of its partnership with New Balance to solve authenticity on the blockchain Featured blockchain companiesThanks to the following companies for their support: 🚀 MXC - MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. Learn more ⛓ OAS CHAIN - OAS CHAIN is focused on developing special gateways for cryptocurrencies for safe payment, IoT security, and hosting private blockchains. OAS CHAIN has patents to IoT security, private hosting, and payment gateway. Learn more 🌱 Vitae - Vitae is a social media rewards website. VITAE is the utility token to enable access to the products and/or services offered by a company. Learn more 📱 Haven - Haven is a marketplace, social, private chat and a powerful cryptocurrency multi-wallet all in one place. Learn more Want to be featured here? Contact us to learn more. Crypto market dataFor more pertinent market data, please see: Connect with usTelegram • Twitter • Facebook • LinkedIn • YouTube • Instagram 🔥 Interested in sponsoring this newsletter? Contact us. Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. You’re on the free list for CryptoSlate. For the full experience, become a paying subscriber. |