Popular ICO GXChain Faces Apparent Chinese Police Crackdown

The Chinese government has reportedly shut down a popular and well-funded crypto company called GXChain, which at its peak had a market cap of over $600 million USD. News of this crackdown swiftly led GXChain’s price to plummet, and once more official news surrounding this crackdown is released it is highly probable that the crypto’s […]

Bitcoin Price Faces Drop to Support Levels Below $10K

Bitcoin may slide further toward $9,750 this week unless the bulls can force a move above $10,350 in the next few hours. Source link

Bitcoin Price Faces Third Monthly Loss of 2019

Down 4.8 percent from August’s opening price, bitcoin is on track to register its third monthly loss of the year. Source link

Bitmain Chip Supplier Faces Infringement Lawsuits From Competitor

TSMC, the world’s top semiconductor foundry and chip supplier for Bitmain, faces multiple infringement lawsuits from GlobalFoundries Source link

Bitcoin Faces Further Losses After Rejection Near $11K Price Hurdle

Having faced rejection near $11,000 earlier today, bitcoin is looking weak and may end up falling below $10,000 in the next 24 hours. Source link

Bitcoin Price Faces Struggle to Hold Above $11K After Range Breakdown

Bitcoin could drop below $11,000 in the next 24 hours, after sellers took victory in a four-day-long tug of war with the bulls. Source link

Bitcoin Faces Strong Resistance at $12,000 as Technical Strength Builds

Bitcoin (BTC) has been facing a significant amount of buying pressure as of late that has allowed it to surge from lows of $9,100 to highs of $12,300. This upwards momentum marks a reversal of the downtrend that the crypto has been facing over the past month. Now, analysts are noting that $12,000 is a […]

Bitcoin Faces Sub-$9K Price Move as Bear Trend Strengthens

Bitcoin is continuing to feel the brunt of the short-term bearish trend, with charts calling a move to $9,100 and possibly lower. Source link

Bitcoin Faces Weak Technicals, But Bank of China’s Interest in BTC May Be Bullish

Bitcoin (BTC) has been incurring significant selling pressure as of late that has caused significant damage to its technical strength. This selling pressure is coming in spite of some bullish fundamental developments that have occurred as of late, including the state-sponsored Bank of China offering what can be defined as a bullish outlook on Bitcoin. […]

Bitcoin Faces Further Price Losses After Breaching Long-Term Support

Bitcoin is on the defensive for the fourth straight day and may be facing a further drop toward $9,050. Source link