Crypto Daily News | Twitter Considers Blockchain Technology

In today’s edition of crypto daily news, we’ll look at a new survey that shows that 80% of Americans have heard of Bitcoin, as well as at the details of Twitter looking in blockchain technology. Crypto Daily News: September 6th, 2018 Survey Shows 80% of Americans Know about Bitcoin Published today by the polling firm YouGov, a new poll shows that just under 50 percent of millennials in the US are interested in using digital currencies as a primary form of payment. This would be opposed to using the US Dollar.…

Bitcoin’s Double-Digit Drop Negates Long-Term Bull Market

Bitcoin’s (BTC) double-digit drop has torn down the scaffolding of what had seemed to be a developing long-term bull market just days ago. That said, a bearish reversal is still not confirmed either, technical studies indicate. At press time, the leading cryptocurrency is changing hands at $6,422 on Bitfinex – down 13 percent from the previous day’s high of $7,404. Notably, BTC has erased all the gains made over the last two weeks in a single day. Further, the sharp drop has poured cold water over the optimism generated by…

Crypto Exchange Kraken Denies Rumor of Office Closure, Security Breach

U.S.-based cryptocurrency exchange Kraken has denied a rumor that has emerged on social media claiming the firm is shutting down operations at one of its service centers amid a security issue. Reddit user “throwaway34034324” posted a thread on Thursday claiming that the exchange is closing operations in Halifax, Canada, and has “just laid off hundreds of people in response to a security [breach].” Another user, “MysteriousPlankton,” who is apparently one of the Halifax employees, commented on the thread that they were asked to accept voluntarily resignation with eight weeks’ pay as a…

IT IS POSSIBLY THAT THE FEE OF BITCOIN WILL TEST THE $6,000 ASSIST LEVEL

  The cryptocurrency market has seen one of its steepest declines in a one-day period since February of this year, losing more than $38 billion from its market valuation. The Bitcoin price has dropped from $7,150 to $6,400 in less than six hours, recording a massive sell-off across major cryptocurrency exchanges. Following the speedy decline in the rate of Bitcoin, tokens and small market cap cryptocurrencies took a large hit. Even tokens with the maximum liquid Bitcoin buying and selling pairs like Tron, EOS, Cardano, ICON, and Ontology proven every…