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Bitcoin Longs are Rising Rapidly Today, But Why is its Price Not Moving?
Posted on Tuesday December 10, 2019

Bitcoin has been caught within an unrelenting bout of sideways trading within the $7,000 region in the time since it bounced from lows of $6,500 in late-November. This consolidation period has made it increasingly...

The post Bitcoin Longs are Rising Rapidly Today, But Why is its Price Not Moving? appeared first on 12bitplay - Bitcoin Play.

Industry Reacts to Mark Cuban’s ‘No Chance’ for Bitcoin Comments
Posted on Tuesday December 10, 2019

American businessman and investor Mark Cuban believes that Bitcoin has “no chance” of becoming a reliable currency. Amongst other criticisms, the billionaire believes the digital asset is too difficult to use for the average...

The post Industry Reacts to Mark Cuban’s ‘No Chance’ for Bitcoin Comments appeared first on 12bitplay - Bitcoin Play.

Industry Execs Have Been Calling For $100k Bitcoin, But What’s it Actually Based Off Of?
Posted on Tuesday December 10, 2019

$100,000 has long been a popular Bitcoin (BTC) price target amongst cryptocurrency investors and analysts, but there is much debate as to whether or not this is a realistic target for the cryptocurrency. Although...

The post Industry Execs Have Been Calling For $100k Bitcoin, But What’s it Actually Based Off Of? appeared first on 12bitplay - Bitcoin Play.

Crypto, Crypto, Crypto… CEO Says ‘Crypto’ 100K Times For Homeless Charity
Posted on Tuesday December 10, 2019

The CEO of a digital currency exchange in the UK has set himself an incredibly bizarre challenge. People have been donating to Pete Wood of CoinBurp as he attempts to raise money for a...

The post Crypto, Crypto, Crypto… CEO Says ‘Crypto’ 100K Times For Homeless Charity appeared first on 12bitplay - Bitcoin Play.

Matic Dump Leads To Questions Over IEO Crypto Legitimacy
Posted on Tuesday December 10, 2019

The crypto community is reeling after Matic dumped 70% of its USD value in an hour. And as a Binance Launchpad project, the circumstances around the event have left many wondering whether IEOs are...

The post Matic Dump Leads To Questions Over IEO Crypto Legitimacy appeared first on 12bitplay - Bitcoin Play.

Room To Fall: Ethereum May Be Down 90% But ICO Investors Are Still Up Over 400x
Posted on Tuesday December 10, 2019

The price of the second-largest cryptocurrency by market cap, Ethereum, may be down as much as 90% from its all-time high price of over $1,400, but ICO investors are still up over 400x on...

The post Room To Fall: Ethereum May Be Down 90% But ICO Investors Are Still Up Over 400x appeared first on 12bitplay - Bitcoin Play.

Bitcoin Price: Bear Pennant Targets $4,600, Has The Breakdown Begun?
Posted on Tuesday December 10, 2019

Bitcoin price has been steadily falling, locked in a downtrend over the course of the last few months, taking the price of the cryptocurrency to roughly 50% of the year’s high of $14,000. After...

The post Bitcoin Price: Bear Pennant Targets $4,600, Has The Breakdown Begun? appeared first on 12bitplay - Bitcoin Play.

Matic Crypto Pump and Dump Reminder of How Dreams Can Turn To Nightmares
Posted on Tuesday December 10, 2019

Last night, the altcoin cryptocurrency known as Matic was the talk of the crypto community, as the asset had spent the week going on a circa-2017 Bitcoin-like parabolic run, only to drop over 70%...

The post Matic Crypto Pump and Dump Reminder of How Dreams Can Turn To Nightmares appeared first on 12bitplay - Bitcoin Play.

Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm
Posted on Tuesday December 10, 2019

Amidst regulatory uncertainty, U.K.-based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not...

The post Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm appeared first on 12bitplay - Bitcoin Play.

Even 2019’s Best Performing Cryptocurrency is Getting Affected by the Bear Trend
Posted on Tuesday December 10, 2019

Bloomberg called Binance Coin the best-performing cryptocurrency of 2019 but it nevertheless remains vulnerable to traders’ intrinsic greed. The native token of one of the world’s largest crypto exchanges, Binance, has surged by more...

The post Even 2019’s Best Performing Cryptocurrency is Getting Affected by the Bear Trend appeared first on 12bitplay - Bitcoin Play.

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