Crypto Press's Evening Crypto News Digest - 12/29/2019 12:01:23 AM - UTC

12/29/2019 12:00:00 AM,$BTC | #BTC - bitcoin's Current Price: ▼ $7317.9900 | 1h ▼ : -0.03 % | 24h ▲ : 0.22 % | 7d ▲ : 1.77% | More on: Bitcoin Information

12/29/2019 12:00:00 AM,$ETH | #ETH - ethereum's Current Price: ▼ $128.3227 | 1h ▼ : -0.07 % | 24h ▲ : 0.65 % | 7d ▲ : 0.15% | More on: Ethereum Information

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2019-12-28

: Bitcoin’s price has been stuck within a firm and unwavering trading range within the lower-$7,000 region over the past week, with each attempt to rally being quickly rejected by aggressive selling pressure that has led BTC to remain stuck around its current price levels.\nOne analyst is now noting that a key trend Bitcoin has been forming on its monthly chart points to the possibility that the crypto is currently in the process of posting a long-term bottom. A break of this ... ,

: 2019-12-28

US, UK, France, Australia and many more – a glance of crypto tax legislation worldwide in 2019

: 2019-12-28

Over the past few weeks, the price of gold has begun to pick up steam, surging by $35, some 2.5%, in the past three days. In the past four weeks, since the start of December, the asset has gained 4%.\n\nWhile this Santa Claus rally has already brought the price of the metal above $1,500, where it was trading during the peak of trade war talks earlier this year, analysts are currently forecasting that the asset will head higher in the coming months.\nRelated Reading: Prominent ...

: 2019-12-28

Ever since Bitcoin’s meteoric rise to highs of $20,000 in late-2017 and subsequent drop, analysts and prominent figures within the industry have all been offering price targets for where they expect BTC to surge to over a fixed time period.\nAlthough some of these predictions have been lofty and unrealistic, one billionaire cryptocurrency investor is now explaining that he believes Bitcoin will be trading at over $12,000 at this time next year, meaning that 2020 could hold ...

: 2019-12-28

Another week, another round of Crypto Tidbits. The last week of December was quiet for the Bitcoin and broader digital asset market, with BTC gaining 2.6% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to outperform, seeing approximately 10% gains on the week.\nDue to it being the holiday season, the underlying industry was also extremely quiet, with there ...

: 2019-12-28

Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. \nIt has been a while since some “China bans bitcoin” FUD made headlines.\nMore Bitcoin Trading FUD From China\nFor reasons unknown, such news tends to come around at least once a year.\nThis year’s edition seems to focus on companies looking to engage in the crypto asset industry.\nBeijing authorities claim no ...

: 2019-12-28

The CEO of fintech company Ripple is now offering a bold prediction for what the new year holds in store for the cryptocurrency markets, as he believes that the market-wide purge that was largely anticipated to occur in 2019 will actually take place in 2020.\nThis market-wide “consolidation†trend that he anticipates to occur in the coming year may have large implications for how the markets will trend in the future, and may even spell trouble for XRP.\nRipple CEO: 2020 To Be ...

: 2019-12-28

As 2019 comes to an end, the Breezecoin (BRZE) token defended its position despite the recent down-trend in the price of bitcoin and altcoin markets. The second half of the year was accompanied by a steady fall in the crypto market after BTC braced a year-high of over $13k. However, the reverse was the case for the BRZE token which has seen an astronomical gain in price and value since the second half of the year.\nBRZE token which resumes its uptrend around $0.16 in ...

: 2019-12-28

Bitcoin’s price has been stuck within a firm and unwavering trading range within the lower-$7,000 region over the past week, with each attempt to rally being quickly rejected by aggressive selling pressure that has led BTC to remain stuck around its current price levels.\nOne analyst is now noting that a key trend Bitcoin has been forming on its monthly chart points to the possibility that the crypto is currently in the process of posting a long-term bottom. A break of this ...