Bitcoin drops 15%, indicators show potential for decline to $6,500
BTC 📉 $8,776 (-10.12%) / ETH 📉 $171 (-15.6%) / XRP 📉 $0.29 (-10.41%)
|CryptoSlate||Sep 24, 2019|| 5|
Securitize, a blockchain-based digital securities platform, raised $14 million in its latest funding round.
In the last three hours, the BTC price dropped 15 percent breaking out to the downside of a technical pattern that predicts a further decline to $6,500.
Miners have expanded the gas limit on Ethereum by 20 percent over the last 10 days, helping address congestion and highlighting an innovative network capability.
NEO joined the Microsoft-created .NET Foundation as a member, the first blockchain organization to do so. It seems the project’s newest executive, Microsoft veteran John deVadoss, is making good use of his connections.
The first day of Bakkt’s Bitcoin futures saw less than 2 percent of the CME’s debut day trading volume, prompting speculation over whether the highly anticipated contract will deliver on its mission of being a “key piece of infrastructure” in the cryptocurrency market.
EOSIO successfully implemented its first-ever consensus hard fork in its v1.8 upgrade. The new version brings “major enhancements” to the blockchain in hopes of “paving the way for a more secure and scalable future.”
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