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Crypto Neighborhood Responds to Bakkt However Not all Are Bullish

Crypto Neighborhood Responds to Bakkt However Not all Are Bullish

The news that regulatory approval has finally been granted to Bakkt has generally been perceived as bullish for the industry. However, not all in the crypto community are convinced that it is the best thing for Bitcoin and its brethren. How Bullish Is Bakkt? As reported yesterday by NewsBTC, the Intercontinental Exchange’s (ICE) new crypto…
Bitcoin (BTC) Rate Is Reluctant However More Healing Seem Likely

Bitcoin (BTC) Rate Is Reluctant However More Healing Seem Likely

Bitcoin price tested the $9,800 support and bounced back against the US Dollar. The price is currently struggling to gain momentum above $10,400 and $10,500. There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to slowly rise…
Bitcoin Cost Spikes Almost $500 in Minutes on Bakkt News

Bitcoin Cost Spikes Almost $500 in Minutes on Bakkt News

Bitcoin price has been trapped in a symmetrical triangle for weeks now, bouncing back and forth between the top and bottom resistance and supports, making increasingly lower peaks and higher troughs, but breaking news surrounding Bakkt may have just ended any bearish pressure for the time being. Just as Bitcoin was flirting with a potential…
Bitcoin Area Responds to Bakkt’s September Release Date Reveal

Bitcoin Area Responds to Bakkt’s September Release Date Reveal

The long-awaited Bakkt platform has finally been given an official launch date. The regulated Bitcoin futures platform will go live on September 23, 2019. Naturally, the Bitcoin and wider cryptocurrency community has greeted the news with optimism. The price of Bitcoin has responded favourably in the short time since Bakkt made the announcement too. Wait,…
Fraudsters Move Numerous Bitcoin to Exchanges; Is a Dump Inbound?

Fraudsters Move Numerous Bitcoin to Exchanges; Is a Dump Inbound?

Over the past couple of days, investors have grown fearful regarding the possibility of a massive Chinese Ponzi scam dumping the significant amount of Bitcoin (BTC) that they hold in wallets onto the markets, which may have contributed to the recent downwards pressure experienced by the entire crypto markets. Now, new data suggests that a…