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Bitcoin Diamond (BCD) Trading Up 11.1% This Week

Bitcoin Diamond (BCD) Trading Up 11.1% This Week

Bitcoin Diamond logoBitcoin Diamond (CURRENCY:BCD) traded down 3.1% against the dollar during the 1 day period ending at 8:00 AM E.T. on August 29th. One Bitcoin Diamond coin can now be bought for $0.87 or 0.00007547 BTC on cryptocurrency exchanges including CoinBene, BigONE, Binance and Indodax. Over the last seven days, Bitcoin Diamond has traded 11.1% higher against the dollar. Bitcoin Diamond has a market cap of $161.74 million and approximately $8.72 million worth of Bitcoin Diamond was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Stratis (STRAT) traded 0.3% higher against the dollar and now trades at $0.61 or 0.00005331 BTC.
  • NavCoin (NAV) traded 1.3% lower against the dollar and now trades at $0.17 or 0.00001479 BTC.
  • Stealth (XST) traded up 5.1% against the dollar and now trades at $0.0716 or 0.00000623 BTC.
  • DeepOnion (ONION) traded 8.3% higher against the dollar and now trades at $0.12 or 0.00001038 BTC.
  • CloakCoin (CLOAK) traded 1.1% higher against the dollar and now trades at $0.17 or 0.00001468 BTC.
  • Bitcoin Plus (XBC) traded up 2.9% against the dollar and now trades at $3.98 or 0.00034665 BTC.
  • Elite (1337) traded flat against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Kore (KORE) traded flat against the dollar and now trades at $0.0918 or 0.00000851 BTC.
  • BlitzPredict (XBP) traded 8.9% higher against the dollar and now trades at $0.0005 or 0.00000004 BTC.
  • Triangles (TRI) traded flat against the dollar and now trades at $0.53 or 0.00014299 BTC.
  • Bitcoin Diamond Coin Profile

    Bitcoin Diamond (CRYPTO:BCD) is a PoW/PoS coin that uses the X13 hashing algorithm. It launched on November 24th, 2017. Bitcoin Diamond’s total supply is 189,492,898 coins and its circulating supply is 186,492,898 coins. The Reddit community for Bitcoin Diamond is /r/Bitcoin-Diamond and the currency’s Github account can be viewed here. Bitcoin Diamond’s official website is btcd.io. Bitcoin Diamond’s official Twitter account is @BitcoinDiamond_ and its Facebook page is accessible here.

    Bitcoin Diamond Coin Trading

    Bitcoin Diamond can be purchased on these cryptocurrency exchanges: Bithumb, Coinnest, Kucoin, HitBTC, BigONE, OKEx, Crex24, Huobi, Binance, CoinBene, Exrates, BtcTrade.im, Indodax, Gate.io and YoBit. It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Diamond directly using US dollars. Investors seeking to trade Bitcoin Diamond should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Bitcoin Diamond using one of the exchanges listed above.

    Receive News & Updates for Bitcoin Diamond Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin Diamond and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.

    Source: www.themarketsdaily.com

    Author: Sarita Garza


    The End of an Era? Why Bitcoin and MMT Won the Week

    The End of an Era? Why Bitcoin and MMT Won the Week

    Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.

    For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

    This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

    Related: Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi

    On The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing. 

    At the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side, Bitcoin on the other – that are attracting people for a different vision of the future.

    See also: Everything You Need to Know About Jerome Powell’s Jackson Hole Speech

    Monday | How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze 

    Related: The Anxiety Index: 4 Fear Factors Shaping the Economy

    Tuesday | An Unintended Consequence of Low Interest Rates? The Big Get Bigger 

    Wednesday | The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes 

    Thursday | Everything You Need to Know About Jerome Powell’s Jackson Hole Speech 

    Friday | The Anxiety Index: 4 Fear Factors Shaping the Economy 

    For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

    • The End of an Era? Why Bitcoin and MMT Won the Week
    • The End of an Era? Why Bitcoin and MMT Won the Week

    Source: finance.yahoo.com

    Author: Nathaniel Whittemore


    Bitcoin price holds key support level as focus shifts back to $12,000

    Bitcoin price holds key support level as focus shifts back to $12,000

    As the price of Bitcoin (BTC) showed weakness in the past week, the crucial support zone around $11,200, nevertheless, held. Several arguments were given for the volatility throughout the week with Powell’s speech at Jackson Hole and the expiration of futures and options occurring over the past few days.

    But more importantly, the crucial support level at $11,200 didn’t break, which means the focus now shifts back toward the resistance level at $12,000.

    Crypto market daily performance. Source: Coin360

    Crypto market daily performance. Source: Coin360

    The crucial support area has held again as the daily Bitcoin price chart shows.

    BTC/USD 1-day chart. Source: TradingView

    BTC/USD 1-day chart. Source: TradingView

    The daily chart shows a clear resistance zone between $11,800-12,000 as well as the support zone, found between $11,100-11,300. This level has also been previously confirmed as support as well.

    The $11,100-11,300 area had to hold once more as a drop below this area would almost certainly guarantee a big drop. That’s because, given the previous near-vertical rally, few support zones are found between $10,100 and $11,000.

    If the price of Bitcoin drops below the green zone, a heavy drop towards the level of $10,100-10,300 wouldn’t be a surprise. What’s more, the entire upward trend is lost, as well as the range-bound structure, which would likely mean a steep drop.

    What future awaits cryptocurrencies?
    GOODBAD

    But since the support level is holding again, the next step for Bitcoin would be a breakout above $11,800-12,000 to make a new higher high.

    BTC/USD 2-hour chart. Source: TradingView

    BTC/USD 2-hour chart. Source: TradingView

    The 2-hour chart of Bitcoin shows a support zone between $11,100-11,250, which was confirmed when the price of Bitcoin didn’t really drop below this level on a higher timeframe.

    The first bounce pushed the price toward $11,500, which was clearly rejected with BTC price falling back to the support zone. Once again, it held and created a double bottom pattern, signaling a potential short-term trend reversal.

    However, the chart’s upper side shows that the $11,650 area is a strong zone of resistance. If it breaks, further momentum is expected toward $12,000.

    BTC/USDT 2-hour bullish scenario chart. Source: TradingView

    BTC/USDT 2-hour bullish scenario chart. Source: TradingView

    The bullish scenario is straightforward after the $11,100-11,200 level held as support through a double bottom formation.

    The short-term resistance level has been hit again on Aug. 26, resulting in a slight pullback from $11,500 to $11,200. However, to have a short term trend reversal, a new higher high is needed. Such a higher high will be established if the price holds $11,300 as support and breaks $11,700.

    If that occurs, the price of Bitcoin makes new higher highs and higher lows and that’s classified as an uptrend. An apparent breakthrough in this resistance zone would then put $12,000 in the crosshairs.

    BTC/USD 2-hour bearish scenario chart. Source: TradingView

    BTC/USD 2-hour bearish scenario chart. Source: TradingView

    The bearish scenario is the opposite. Since the fake breakout above $12,000, the momentum is still downward, which may see the price of Bitcoin drop further.

    However, as the U.S. dollar is weakening, further downward momentum becomes increasingly unlikely for Bitcoin. If the price of BTC wants more downside, however, a rejection at the $11,600 will need to happen.

    If that occurs and a new lower low (a drop below the previous low at $11,100) happens, more downside becomes likely. In that scenario, a rejection at $11,300 would confirm such a scenario.

    If $11,000 is lost, potential levels of support will then be found between $10,100-10,400  and $9,600-9,800, where the CME futures gap still remains.

    The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

    Source: cryptobrain.net

    Author: by admin


    What Do Analysts Suppose Is Subsequent?

    What Do Analysts Suppose Is Subsequent?

    Chainlink (LINK) has surged 10% larger up to now 24 hours, regaining power whereas Bitcoin and Ethereum consolidate in the course of their ranges.

    The favored altcoin is poised to press larger within the days forward in line with quite a lot of analysts, who argue that the basics of Chainlink stay robust.

    This rally comes because the Good Contract Summit hosted by the Chainlink workforce is going down. The occasion is targeted on “studying about the way forward for sensible contracts and DeFi with different passionate neighborhood members and get impressed about what one of the best DeFi builders are constructing as we speak.”

    Chainlink (LINK) is poised to maneuver 10% larger in opposition to Bitcoin within the close to future, one dealer steered. He shared the chart under, which reveals that LINK has moved above a pivotal resistance degree together with transferring above a pivotal triangle and resistance degree.

    Chart of LINK's worth motion over the previous few weeks with evaluation by crypto dealer Neko. Chart from TradingView.com

    Plenty of analysts agree with this sentiment, with others pointing to the bullish state that Chainlink’s U.S. greenback chart is at the moment in.

    These bullish technical traits come shortly after LINK shaped a optimistic on-chain sign as per Santiment, a blockchain analytics agency:

    “$LINK hit an all-time excessive yesterday in every day lively addresses. This got here in tandem with an #altcoin decline that despatched it right down to $13.49. Now again at $16.10, the basic bullish divergence that shaped from an ATH in DAA is coming to fruition.”

    Image

    Kelvin Koh of The Spartan Group, a crypto hedge fund primarily based in Hong Kong, thinks that the continued transfer larger in LINK and BAND will materialize in a transfer larger in all DeFi-centric property.

    “Oracles led the earlier leg of DeFi rally on the best way up after which on the best way down. If as we speak’s transfer in $LINK and $BAND is any indication, the subsequent rally for the broader DeFi area ought to observe.”

    Oracles led the earlier leg of DeFi rally on the best way up after which on the best way down. If as we speak’s transfer in $LINK and $BAND is any indication, the subsequent rally for the broader DeFi area ought to observe.

    — SpartanBlack (@SpartanBlack_1) August 22, 2020

    He’s proper: Chainlink truly led Bitcoin and far of the remainder of the crypto market larger over the previous few months.

    Source: bitcoinflashnews.com

    Author: By admin


    Ripple Sued by 13 Australian Banks for Trademark Infringement

    Ripple Sued by 13 Australian Banks for Trademark Infringement

    Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US

    Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums

    IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form

    Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges

    12 Bitcoin Cash-Fueled Flipstarter Campaigns Raise $1 Million

    Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400

    Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin

    New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow

    Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End

    IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’

    Bitmex Restricts Ontario Residents as Mandated by Canadian Regulator

    Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin

    The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power

    Venezuela Blocks Opposition From Disbursing $18 Million To Health Workers via Bitcoin Exchange Airtm

    P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets

    Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold

    Increase Your Profit Potential With Margin Trading

    Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

    Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License

    Developers Plan to Compete in Bitcoin Cash-Fueled Hackathon ‘BCH Devcon III’

    Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor

    Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

    IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners

    Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World

    Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence

    Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades

    Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions

    Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million

    Source: www.bitcoindoorway.com

    Author: by admin


    Views in News on 2020-08-29

    Views in News on 2020-08-29

    This is my appearance on Jimmy Song’s podcast Bitcoin Fixes This .. Bitcoin Fixes This #7 Intellectual Property.. Stephan Kinsella is attorney, Austrian and author of Against Intellectual Property. ..…

    Juels previously formalized Proof of Work, which is now used to secure the more than $300B in cryptocurrency stored across Bitcoin, Ethereum and thousands of other cryptocurrencies. . ..…

    ASX-listed group has been linked to Australian trading scheme that published ‘fake news article about bitcoin investment. ..…

    In 2016, members of our very own US Congress had their water shut down Washington due to unsafe lead levels… ..…

    Breeding New Bitcoin Believers . Posted August 27, 2020 . . Main Street Vs. … Breeding New Bitcoin Believers . Posted August 27, 2020 . . Main Street Vs. ..…

    Bitfront supports major cryptocurrencies, including Line’s Link, Bitcoin, Etherium, Tether, and Bitcoin Cash, in fifteen languages. ..…

    American media claims this week’s cyber attacks on the NZX have come from a cyber-crime group, demanding a ransom in Bitcoin .  ..…

    News Bitcoin is an aspirational store of value according to Fidelity Digital Assets. . . . . … News Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run. . . . . ..…

    After rebranding, DigitalX announced its focus would be on its app-based cash remittance AirPocket, saying at the time that the new name and direction represented strategic change from focus on bitcoin to focus on software development.. ..…

    Knives Out writer and director Rian Johnson takes over the movie’s Twitter account after his personal page is deactivated during a Bitcoin hack. . ..…

    bitcoin has surged 2.4 times to Rs 8.4 lakh apiece now.. tags… ..…

    About

    Source: viewsinnews.com


    Bitcoin Diamond (BCD) Trading Up 11.1% This Week


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