Top technical analyst says it could be 'game over' for bitcoin

Top technical analyst says it could be 'game over' for bitcoin

"Renaissance Macro Research says if the price of bitcoin breaks its key year-to-date support level the digital currency will be "permanently impaired.""

_{Read more: www.cnbc.com}

More news sources

Bitcoin Price Intraday Analysis: BTCUSD Pushed Off the Cliff

The Securities and Exchange Commission (SEC) spoiled the upside gains we had made yesterday in the Bitcoin market. The regulator delayed its decision on the Bitcoin ETF proposed by the VanEck SolidX Bitcoin Trust. The Bitcoin price fell 11% soon after the...

_{Read more: www.ccn.com}

PR: SoPay App Released, Offering Fast Transactions and SoPay’s Assets Mining (SAM)

SoPay, the blockchain-based payment platform with a disruptive approach to the money market, today announced the achievement of another milestone in its roadmap; the release of the SoPay app. The startup believes that the app is the missing puzzle of mass...

_{Read more: news.bitcoin.com}

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 08

Crypto markets are firmly in the red after the U.S. SEC postponed its decision on VanEck Bitcoin ETF. However, with many coins in the oversold territory, the charts suggest that this might be just a pullback

_{Read more: cointelegraph.com}

‘Bitcoin [Mining] Threatens Our Existence’ Academic Says, Calls for Intervention

The ever-increasing amounts of electricity that bitcoin mining consumes threaten to reverse the efforts and gains made so far in mitigating greenhouse gas emissions, an academic has claimed. According to Dr. Jon Truby, the director of the Centre for Law a...

_{Read more: www.ccn.com}

Other hot crypto news today

• Philippines Building Crypto Valley of Asia
• Report: Ready-to-Use Malware for Bitcoin ATMs Found for Sale Online
• Crypto Technicals Flash More Pain Ahead, Eye Bitcoin at $4000
• Study: ICO Market Doubled Since Last Year, Shows Increased Institutional Investment
• Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal Town
• Which Countries Are Best to Start Blockchain Projects?
• Court Sides With Crypto Exchange Despite Allegation It Violated China Ban
• Thailand: 20 Companies Have Applied for Crypto Exchange Licenses
• Blockchain Data Now Has Legal Bearing in the State of Ohio

_{Follow me @cryptonized for the latest cryptocurrency news...}