Crypto News Reviews 

Bitcoin News Digest Thursday, November 7, 2019

Less People Bought Bitcoin from Square This Quarter

Friar Hass, who has a history of stalking and reporting CashApp’s financial quarters, noted that the application sold less Bitcoin in Q3.

 

China’s Own Bitcoin Coming Soon

China is expected to release its own digital currency soon that would allow virtual transactions in RMB.

 

Bitcoin UTXOs per Month Have Increased 100x Since 2011

Bitcoin (BTC) usage statistics over the years have furnished some interesting insights. More UTXO transactions mean higher network value.

 

5 arrested after drilling through warehouse wall to steal 85 Bitcoin machines

Police in Malaysia have apprehended a gang that allegedly stole 85 Bitcoin “machines” from a warehouse last weekend by drilling through the building’s wall.

 

Bloomberg Analyst Explains Why Bitcoin Price is “Caged” by $8,000 to $12,000 Range

Bitcoin’s surge from $7,300 to $10,600 woke up cryptocurrency bulls after a long slumber. And as normal, bulls have pushed extremely bullish price

 

China leaves bitcoin mining out of list of restricted activities

China, which is among the biggest manufacturers of bitcoin mining gear, has decided against eliminating the mining of the cryptocurrency, the state planner has indicated.

 

Bitcoin Price Risks Drop Below $9K if Bulls Can’t Muster Rally Soon

Bitcoin is struggling to revive its stalled rally and could soon roll over to deeper support levels below $9,000.

The top cryptocurrency picked up a

 




Libra Head Calls Bitcoin Volatile

The head of Facebook’s Libra project said he doesn’t consider bitcoin to be a currency because of the volatility of its value.

 

Avalon Bitcoin Miner Maker Canaan Posts $13 Million Q3 Profit in New Filing

Canaan Creative, the world’s second-largest bitcoin miner maker, has made 94 million yuan, or about $13 million, in net profit for Q3 2019, followi

 

Bitcoin (BTC) Price Positioning For Breakout or Further Decline?

Bitcoin price is struggling to continue higher against the US Dollar. BTC price remains at a risk of more downsides if it fails to stay above the $9,200 support area.

 

Bitcoin Crypto Market Cap Showing Bearish Signs: BCH, BSV, BNB, ADA Analysis

The crypto market cap and bitcoin are showing a few bearish signs. Ethereum, BCH, BSV, cardano (ADA), BSV, EOS, and ripple are currently correcting gains.

 

Who are the bamboozlers manipulating the cost of bitcoin now?

Earlier this week, two university professors — one of whom is a specialist in forensic accounting — published a study in the Journal of Finance alleging that one person, or group, was behind the bitcoin spiking to an all-time high price of $20,000 in late 2017.

 




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