Sentences with phrase «pressure on bitcoin»
«The answer isn't clear cut, but I'd argue strongly -LSB-...] that the CME futures trading will exert positive price pressure on Bitcoin,» the Medium post reads.
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Another factor that could have helped place upward pressure on bitcoin prices was an influx of fiat money, an observation that Ark Invest's Chris Burniske emphasized.
Be it Facebook (and Instagram), Twitter, Google (and YouTube), Snapchat, LinkedIn, or indeed MailChimp, their collective decisions spooked the crypto market; accelerating sell - side pressure on Bitcoin (BTC), Ethereum (ETH), and basically every altcoin imaginable.
There has been increased regulatory pressure on Bitcoin and the entire cryptocurrency market recently, which has been felt across the board.
It also puts pressure on Bitcoin Classic and will encourage a continued effort to make classic Bitcoin a better currency.
Right now, absent deliberate speculation, the default pressure on the Bitcoin price is down.
The Thunder solution is intended to relieve the pressure on the bitcoin blockchain by taking a lot of transactions off the chain.
However, if the political fear subsides, or if the Bank of Japan decides to intervene and weaken the rising Yen, this could create buying pressure on Bitcoin.
Clearly, there is a lot happening in the cryptocurrency arena, putting a lot of pressure on bitcoin price below the USD 11,000 level.
Even more incredibly, the central banks of Japan and Korea are also helping to pile upward pressure on the bitcoin price.
Policymakers and regulators in the Asian superpower have forced exchanges to close, restricted the flow of cryptocurrencies into, out of, and inside the nation, and is now putting considerable pressure on bitcoin miners.
«Liquid does help with scaling in that it can reduce pressure on the Bitcoin blockchain if traders choose to keep a balance of bitcoin on the Liquid network,» Gorlick explains, «and if those traders use the Liquid network for high volumes of transfers between exchanges.»
The anonymity of the transaction is a problem I think which would put pressure on Bitcoin.»
Finally since I personally believe bitcoin is still a bit of a bubble if a large country were to enact a bitcoin tax in the immediate future there is a small chance that could put enough pressure on bitcoin to «pop» the bubble and see it rapidly drop, but that's mere speculation on my part and a topic better covered by the economics page then politics:)
If one were to believe that Bitcoin's performance is linked to the situation in Greece, then yesterday's proposal «should» diminish the uncertainty and exert downward pressure on Bitcoin as the deal between Greece and its creditors seems closer now than it was a couple of days ago.
Digital currencies have faced regulatory scrutiny from governments around the world, which has put pressure on bitcoin's value.
«Liquid does help with scaling in that it can reduce pressure on the Bitcoin blockchain if traders choose to keep a balance of bitcoin on the Liquid network,» Gorlick explains, «and if those traders use the Liquid network for high volumes of transfers between exchanges.»
Not exact matches
He said the pitch is having more success with traditional venture firms who've missed out on crypto to date — particularly bitcoin, ethereum and companies such as Coinbase — and are feeling the pressure to get in on the craze.
Analysts cite the credit tightening as being partly responsible for the downward pressure on prices of Bitcoin and many other cryptocurrencies.
«The rapid appreciation of Bitcoin and others is somewhat surprising in light of some developments that seemingly would have put downward pressure on the currency,» another group of Morgan Stanley analysts wrote, citing the SEC's rejection of a Bitcoin ETF, among other factors.
The decision comes after months of debate and increased pressure on how bitcoin exchanges are to be regulated.
Since its launch, Bitcoin faced pressure from community members on the topic of scalability.
«Alternatively, this level could mark the peak in another corrective move in bitcoin and trigger more selling, piling more pressure on the cryptocurrency space.
Bitcoin Price Key HighlightsBitcoin price has gained a bit more traction on its bounce, signaling that bulls are back in the game.If bullish pressure...
The post Japanese Regulator Pressures Exchanges to Drop Privacy Coins appeared first on Bitcoin News.
As Bitcoin and the cryptocurrency market get pressured by a bearish sentiment based on the technical pattern known as «death cross», investors are also aware of the mixed signals coming from big banks regarding the asset class — with great focus on Bitcoin and Ripple.
A frictionless and transparent marketplace that is executed on top of the Bitcoin platform will put a lot of pressure on existing companies.
If Bitcoin's bubble bursts, this sudden fall in price will put insurmountable pressure on crypto exchanges as users exit their crypto positions to fiat.
In the coming weeks, technical developments in bitcoin as well as changes to ethereum's emerging ICO economy, could continue to put sell - side pressure on the market.
This experiment seemed to work, and it put a great deal of pressure on exchanges and wallet providers to support Bitcoin Cash, whereas a new altcoin would largely just be ignored.
As bitcoin investors on the US east coast start their day to a sea of red candlesticks and a price that has lost more than $ 30 overnight, a further cascade of selling pressure may hit exchange order books.
Zivkovski emphasized that while bitcoin has surged more than 50 % in 2016, it faces many unresolved technical challenges, which could put pressure on the system through the end of the year.
Furthermore, a wave of new digital currency - focused hedge funds has been hitting the cryptocurrency markets this year, which has created further upward pressure on the price of bitcoin and other digital currencies.
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News) A Minute's Silence For Altcoins as Bitcoin Highs Slice Value Across MarketsCointelegraph (Bitcoin, Cryptocurrency and Blockchain News) Bitcoin's rise over $ 7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall.
On the other hand, ether remains under heavy selling pressure versus bitcoin following the latter's record - breaking rally.
While not illegal as no decree was issued during the probing from the People's Bank of China (PBoC) on visits to the major exchanges last week, it's understood that combined with increased pressure from regulators and the recent volatility in bitcoin due to Chinese yuan policy, the exchanges have indeed indefinitely halted margin for whatever reason.
The Bitcoin Cash Price has been under consistence pressure during trading on Thursday, down around 9 %.
The Bitcoin Cash price is seen up over 7 % in trading on Tuesday, as the crypto market stages a rebound after a heavy past few weeks of selling pressure.
The previous surge in interest from Chinese users in p2p bitcoin trading on LocalBitcoins was demonstrated in February, when the Chinese exchanges, under the pressure of the country's financial authorities, suspended the possibility of withdrawing deposits in bitcoins and Litecoins.
The Bitcoin price came under heavy selling pressure in the latter stages of the trading session on Wednesday.
While no explicit content is directly observable on the blockchain, it has been suggested by some in the Bitcoin community this narrative could be used to exert pressure on node operators, since they have a full copy of the blockchain.
On Monday, bearish pressure took Bitcoin price to as low as $ 6948, only to bring bulls back in the game.
Bitcoin price has formed a classic reversal pattern on its 4 - hour time frame as bearish pressure could kick back in.
The Bitcoin price is seen holding gains of 2 % on Wednesday, extending on its pursuit to recovery, after the heavy selling pressure seen in the past two weeks.
Originally published on: COO of Bitcoin Exchange bitFlyer Brushes Away Claims of Japanese Regulatory Pressure Read the original article
If so, bearish pressure could return once bitcoin price tests the broken trend line just slightly above the 61.8 % Fibonacci retracement on the breakdown move.
The post Indonesian Bitcoin Exchanges Close Down amidst Regulatory Pressure appeared first on NEWSBTC.
The adoption of regulations in other countries in the region has increased pressure on authorities in the city - state to clarify their stance on bitcoin, as more crypto companies in Asia are seeking friendlier business environments.
The post Bitcoin Futures: Analyst Predicts «Very Strong» Upward Price Pressure appeared first on Bitcoinist.com.
Bitcoin Cash price is down around 6 % during late trading on Thursday, there has not been much rest for the cryptos heavy selling pressure.