Bitcoin Increasingly Bearish Despite Price Bounce to $10.2K

Bitcoin’s recovery to $10,255 seen in the last 24 hours could be short-lived, suggest bearish price and volume indicators. Source link

Litecoin’s Mining Power Has Fallen 28% Since Its Block Rewards Halving

Mining power on the litecoin network has dropped by 28 percent since its recent “halving” event as miners struggle for profit. Source link

Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges

Problems with Amazon’s cloud service, AWS, in Tokyo are disrupting services at some cryptocurrency exchanges on Friday. Source link

Crypto Futures Exchange Deribit Launching Bulk Derivatives Trading

Deribit is teaming with institutional traders’ messaging service Paradigm to facilitate block trades of bitcoin and ether derivatives. Source link

Bitcoin Selloff Stalls at Historical Price Support Near $10K

Bitcoin’s defense of the 100-day price average and a bullish RSI divergence on the hourly chart call for a minor price bounce to $10,300. Source link

Bitcoin’s Price is Up More Than $1K Since Bakkt Futures News

Bitcoin has gained $1,000 since the Bakkt exchange announced it has the green light to offer bitcoin futures, but key resistance still lies ahead. Source link

Rakuten’s Crypto Exchange Has Launched for Trading in 3 Cryptos

The Japanese e-commerce giant’s Rakuten Wallet exchange has gone live for spot trading of bitcoin, ether and bitcoin cash against the yen. Source link

Crypto Exchange Binance Announces New Stablecoin Initiative

The crypto exchange has announced that it’s launching Venus, a project that will develop “localized” stablecoins around the world. Source link

Coinbase Reveals Password Glitch Affecting 3,500 Customers

The rare bug impacted roughly .01 percent of the exchange’s 30 million customers, Coinbase revealed Friday. Source link

Bitcoin Defends Price Support, But Bear Case Still Intact

Bitcoin has bounced from key price support, but the outlook remains bearish as long as prices hold below Thursday’s high of $10,445. Source link