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In the past 24 hours, the crypto market has recovered from $120 to $123 billion as the Bitcoin price avoided a further drop below the $3,600 mark. Ethereum has also been able to rebound relatively quickly from the delay of the Constantinople hard fork, which initially caused a 10 percent drop from $130 to $116.

The post Analyst: 2019 a Year of Accumulation For Bitcoin, Recovery by Year’s End appeared first on CCN

In a tweet, Lightning Network infrastructure lead Alex Bosworth wrote: “There’s a bit too much emphasis placed on the idea that LN is all about low fees. Fees on the network are charged at a market rate. We cannot control this market therefore we can’t guarantee low fees all the time. We can remove reasons

The post Lightning Network Dev. Warns Against Marketing Lightning as The Answer to High Bitcoin Fees appeared first on CCN

US stock market futures rose ahead of Wednesday’s opening bell, with Dow contracts toying with a 100 point gain and others posting more modest increases. Cryptocurrencies, meanwhile, traded sideways as analysts weighed the impact of bitcoin slipping into “backwardation” on the futures markets. Dow Futures Tick up as Banks Report Positive Earnings As of 8:40

The post Dow Futures Rise, But Bitcoin Wrestles with ‘Backwardation’ appeared first on CCN