How to Watch USA Network Live Without Cable 2019 Top 7Options

October 22, 2019 David

How to Watch USA Network Live Without Cable 2019 – Top 7 Options

You can watch USA Network live without cable with one of these streaming services:Numedia,fuboTV, Hulu With Live TV, Sling TV, AT&T TV Now, PlayStation Vue or YouTube TV. In this article, we’ll help you decide which option is best for you. Let’s get started!

Watch USA Network on Numedia

fubotv streaming usa network online without cable alternative

Source: Numedia

Numedia is the largest streaming media service content provider in the world and has no equa. NBC is just a small section which includes english and spanish content from around the worlds, alongside sports networks like beIN Sports and NBCSN., sky sports, PPV events v

Numedia Pricing and Packages

The Numedia entry level package NuMedia Gives You LIVE HD TV, All Sports Channels,, (Excluding Premium TV Channels), Children’s Channels, Thousands of Movies On Demand and Huge International Channels. mes with around 1,000 channels, including USA Network. The more expensive packages will give you some additional features and channels including free PPV..

Entry
7-day free trial
$29.99/ month

1,000 channels

2 simultaneous streams

standard
7-day free trial
$49.95/ month

1,200 channels

3 simultaneous streams

Click Here

Numedia Channels

With Numedia, you’ll get access to the USA Network and thousands of other top channels including FX, FXX, and FX Movies, as well as A&E, SyFy, and E, as well as plenty of sports, news and local channels.

Numedia Supported Devices

Numedia does have pretty good platform support. You can watch fuboTV in your browser, on modern iOS and Android devices, and on Chromecast, Amazon Fire TV, Apple TV, and Android TV devices. Numedia doesn’t have apps for gaming devices like PlayStation and Xbox consoles, though.

Numedia Simultaneous Streams

You can also only stream on 2 devices at once, which is limiting if you plan on sharing your account with anyone else.

Numedia DVR

Numedia does include DVR,

Numedia On-Demand Library

You will get a good selection of on-demand content from Numedia, sourced from all of the channels (like USA Network) which it carries. You will get top movies, recently-aired episodes, and past seasons from most of these channels.

Watch USA Network on fuboTV

fubotv streaming usa network online without cable alternative

Source: fuboTV

fuboTV started out as a soccer-focused streaming service. However, their focus has shifted somewhat in recent years, and they now offer a large complement of cable channels, alongside sports networks like beIN Sports and NBCSN.

fuboTV Pricing and Packages

The base-tier fubo Standard package will cost you $54.99 per month, and it comes with around 80+ channels, including USA Network. The more expensive packages will give you some additional features and channels.

Standard 7-day free trial $54.99/ month	92 channels 2 simultaneous streams 30 hours of DVR space SHOWTIME Sports Plus add-on
Family 7-day free trial $59.99+/ month	92 channels 3 simultaneous streams 500 hours of DVR space SHOWTIME Sports Plus add-on
Entertainment 7-day free trial $69.99/ month	92 channels 2 simultaneous streams 500 hours of DVR space SHOWTIME Sports Plus add-on
Ultra 7-day free trial $79.99/ month	113 channels 3 simultaneous streams 500 hours of DVR space SHOWTIME included Sports Plus add-on

*Note that in order to see the Family, Entertainment, and Ultra plans, you need to first press "Start Free Trial." After you create an account, you'll see all of these plans.

fuboTV Channels

With fuboTV, you’ll get access to the USA Network and plenty of other top channels including FX, FXX, and FX Movies, as well as A&E, SyFy, and E, as well as plenty of sports, news and local channels.

fuboTV Supported Devices

fuboTV does have pretty good platform support. You can watch fuboTV in your browser, on modern iOS and Android devices, and on Chromecast, Amazon Fire TV, Apple TV, and Android TV devices. fuboTV doesn’t have apps for gaming devices like PlayStation and Xbox consoles, though.

fuboTV Simultaneous Streams

You can also only stream on 2 devices at once, which is limiting if you plan on sharing your account with anyone else. You can add a third stream with the $5.99/month “Family Share” plan.

fuboTV DVR

fuboTV does include a cloud-based DVR, but it’s pretty limited compared to some other ones on our list. You can only record up to 30 hours of programming time. You can upgrade this to 500 hours with a $9.99/month add-on, though.

fuboTV On-Demand Library

You will get a good selection of on-demand content from fuboTV, sourced from all of the channels (like USA Network) which it carries. You will get top movies, recently-aired episodes, and past seasons from most of these channels.

Watch USA Network on Hulu With Live TV

hulu with live tv cable streaming alternative usa network cord-cutting

Source: Hulu

Hulu With Live TV is a great way to watch USA Network without cable, offering tons of on-demand content, good features, and a strong lineup of channels for a reasonable monthly fee.

Hulu With Live TV Pricing and Packages

Hulu With Live TV keeps things simple, offering only a single package of 60-70+ channels (depending on your area) for $44.99/month.

Hulu + Live TV
7-Day Free Trial
$44.99/ month

67 Channels

2 simultaneous streams

ESPN and Disney

Hulu With Live TV Channels

You’ll get plenty of great channels from Hulu With Live TV, including USA Network, A&E, FX, FXX and FX Movies, TNT, TBS, and SyFY. AMC is not on the menu, though.

Hulu With Live TV Supported Devices

Hulu With Live TV supports iOS and Android devices, web browsers, the 4th-gen Apple TV, Amazon Fire devices, Chromecast, Xbox, and some newer Roku devices, as well as Samsung Smart TVs. Even the Nintendo Switch gaming console is supported.

Hulu With Live TV Simultaneous Streams

With your default subscription, you will be limited to streaming on 2 devices simultaneously. You can add a $9.99/month Unlimited Screens package to stream on 3 devices outside your home network, and unlimited devices on your home Wi-Fi network.

Hulu With Live TV DVR

The Hulu With Live TV DVR is also pretty solid. You can record 50 hours of content with no time restrictions. For $9.99/month, you can add on the Enhanced DVR package to double this to 200 hours of storage. You can combine the Enhanced DVR + Unlimited Screens package for $14.99/month, if desired.

Hulu With Live TV On-Demand Library

Your Hulu With Live TV subscription also includes a basic Hulu subscription, so you can watch archived content and the full library of Hulu streaming shows – that’s a huge benefit. You can watch on-demand shows from most major networks, as well as a selection of movies and Hulu Originals like The Handmaid’s Tale.

Watch USA Network on Sling TV

sling tv cable alternative streaming USA network mr robot

Source: Sling TV

If you are interested in the lowest-cost method of streaming the USA Network, Sling TV is a good choice, thanks to its cheap plans and “A la carte” approach to channel selection.

Sling TV Pricing and Packages

Sling TV provides USA Network as part of its $25/month Blue package. It’s not included in the Orange package, which also costs $25/month.

Sling Orange
Free Roku Deal
$25.00/ month

34 channels

ESPN

Free Roku Express

1 simultaneous stream.

Sling Blue
Free Roku Deal$25.00/ month

49 channels

ESPN

Free Roku Express

3 simultaneous streams

Sling Orange + Blue
Free Roku Deal
$40.00/ month

56 channels

ESPN

Free Roku Express

4* simultaneous streams

* You get 1 stream for Sling Orange channels and up to 3 simultaneous streams for Sling Blue channels.

Sling TV Channels

Alongside the USA Network, you’ll be able to watch programming from FX, AMC, TNT, FXX, TBS, A&E, SyFy, and more. For $25, you get a total of 45+ channels and pretty good cable channel coverage, overall.

There are some caveats, however. First, not all Sling channels are available in the Blue package. You’ll need to buy an Orange package subscription to watch ESPN and Disney networks, for example. Buying an Orange + Blue subscription will cost you $40/month.

Sling TV Supported Devices

You can stream Sling TV on platforms such as Roku, Chromecast and Apple TV, all modern Android and iOS devices, Samsung/LG Smart TVs, and the Xbox One video game console.

Sling TV Simultaneous Streams

Sling TV offers consistent stream quality, and supports quite a few different devices. You can stream simultaneously on 3 devices at once with the Blue package, which is better than AT&T TV Now, fuboTV, and Hulu With Live TV. Learn more

Sling TV DVR

While Sling TV has a fairly good DVR, it’s not free, which is another drawback. You’ll shell out an extra $5/month for 50 hours of DVR storage.

Sling TV On-Demand Library

Sling TV says it has more than 70,000 on-demand titles, but you’ll only get access to all of these if you subscribe to every channel it offers. In reality, you’ll get fewer on-demand episodes and movies, but networks like USA provide you with plenty of on-demand content to choose from.

Watch USA Network on AT&T TV Now

Source: DirecTV

AT&T TV Now is the new name of DirecTV Now. It’s a reasonably good way to stream the USA Network live without cable, but its relatively high cost and poor features mean it may not be the best choice for you.

AT&T TV Now Pricing and Packages

AT&T TV Now offers a total of seven different packages, as follows:

Plus: 40+ channels / $50 per month. Includes HBO
Max: 50+ channels / $70 per month. Includes HBO, Cinemax
Entertainment: 65+ channels / $93 per month
Choice: 85+ channels / $110 per month
Xtra: 105+ channels / $124 per month
Ultimate: 125+ channels / $135 per month

To get USA Network with AT&T TV Now, you’ll need to subscribe to the Plus or higher plan.

Plus
7-day free trial
$50.00/ month

45+ channels

2 simultaneous streams

20 hours of DVR space

HBO

Max
7-day free trial
$70.00/ month

60+ channels

2 simultaneous streams

20 hours of DVR space

HBO + Cinemax

*Note that AT&T TV Now offers several other plans that are hidden until you click to sign up.

AT&T TV Now Channels

Depending on your AT&T TV Now package, you’ll be able to get content from USA, as well as channels like A&E, AMC, FX and FXX, TBS, TNT, and Paramount Network, so there are plenty of entertainment options.

AT&T TV Now Supported Devices

AT&T TV Now has pretty good platform support. You can use AT&T TV Now on Amazon Fire TV, Roku, Apple TV, and Chromecast, as well as modern web browsers and iOS/Android devices. However, there is no support for gaming consoles as of yet.

AT&T TV Now Simultaneous Streams

AT&T TV Now is fairly restrictive when it comes to simultaneous streaming. You can only stream on 2 devices at once. This is okay if you’re only watching TV on your own, but if you want to share accounts with friends or family, you’re going to run into some trouble. You can buy another stream for a $5/month fee, though.

AT&T TV Now DVR

The AT&T TV Now DVR only provides a paltry 20 hours of recording time, and limits you to storing your recordings for only 30 days, making it the worst DVR on our list by far.

AT&T TV Now On-Demand Library

You’ll get a good number of past seasons, top movies, and recently-aired episodes from USA and the other channels included in your AT&T TV Now package.

Watch USA Network on Playstation Vue

playstation vue streaming usa network online live alternative cable cord-cutting

Source: PlayStation Vue

No, you don’t need a PlayStation to use PlayStation Vue. In fact, it has great device support, and also has fantastic features and a reasonable channel selection, making it a top choice for watching USA Network without cable.

PlayStation Vue Pricing and Packages

PlayStation Vue costs $49.99/month for the entry-level “Access” package, and has three more packages you can choose from if you would like more channels for a higher price. You’ll only need the cheapest package to get USA.

Access 5-Day Free Trial $44.99/ month	50 channels 5 simultaneous streams* ESPN and Disney Premium sports EPIX and FXM HBO and SHOWTIME
Core 5-Day Free Trial $49.99/ month	75 channels 5 simultaneous streams* ESPN and Disney Premium sports EPIX and FXM HBO and SHOWTIME
Elite 5-Day Free Trial $59.99/ month	96 channels 5 simultaneous streams* ESPN and Disney Premium sports EPIX and FXM HBO and SHOWTIME
Ultra 5-Day Free Trial $79.99/ month	98 channels 5 simultaneous streams* ESPN and Disney Premium sports EPIX and FXM HBO and SHOWTIME

* You get 3 streams to use in-home or out-of-home streams and 2 extra streams to use in-home.

PlayStation Vue Channels

This baseline PlayStation Vue package will get you access to the USA network, as well as plenty of other popular cable channels like AMC, TNT, TBS, SyFy, FX/FXX, and TLC. You can get even more channels with the pricer packages.

PlayStation Vue Supported Devices

Platform support for PlayStation Vue is pretty good. You can stream content on your web browser, iOS/Android devices, Apple TV, Roku, Chromecast, and Amazon Fire devices, as well as PlayStation 3/4 consoles. However, Xbox support is absent, which is not surprising given the Microsoft-Sony rivalry.

PlayStation Vue Simultaneous Streams

PlayStation Vue has carved a niche out for itself in the world of cable alternative streaming services. It’s absolutely the best choice for larger families, or for people who wish to share their accounts with friends. You can stream on 5 devices simultaneously – more than any other service on this list (with the exception of Hulu With Live TV + the Unlimited Screens package).

PlayStation Vue DVR

PlayStation Vue also offers a pretty good DVR for no additional fee. DVR recordings expire after 28 days, but you get unlimited storage space. That means you don’t have to worry about accidentally erasing older recordings, or running out of recording slots.

PlayStation Vue On-Demand Library

You can expect a fairly robust on-demand library from PlayStation Vue, particularly if you subscribe to one of the more pricey packages it offers. You’ll get movies, recent episodes and past seasons from most of the channels included in your subscription.

Watch USA Network on YouTube TV

youtube tv streaming cable alternative usa network online cable cord-cutting

Source: YouTube TV

YouTube TV is a relatively new entrant into the world of “skinny bundle” cable alternatives, but has already made a splash, thanks to its great features and strong channel lineup.

YouTube TV Pricing and Packages

For $49.99/month, you get a package of up to 70 channels with YouTube TV. You can also choose from a limited selection of premium channels like Showtime and Shudder.

YouTube TV Channels

YouTube TV includes plenty of entertainment channels, such as USA Network, as well as AMC, FX, FXX and FX Movies, IFC, and Sundance TV.

YouTube TV Supported Devices

Currently, YouTube TV supports just about every streaming platform except Amazon Fire TV, which is getting support sometime in late 2019. As of now, you can watch it on the Chrome browser, iOS and Android, Chromecast, Apple TV, Roku, and Xbox One, as well as some smart TVs from LG, Samsung, Hisense, VIZIO and Sharp.

YouTube TV Simultaneous Streams

You can stream on up to 3 devices at once with YouTube TV, which is better than AT&T TV Now, Hulu With Live TV, and fuboTV.

YouTube TV DVR

YouTube TV has the best DVR in the business. You get unlimited recordings for 9 months, with no limits on simultaneous live recordings. This blows every other DVR service out of the water.

YouTube TV On-Demand Library

Like the other picks on our list, YouTube TV gets its on-demand content, like recently-aired episodes and movies, from the channels it carries. While the amount of content available fluctuates a bit, you’ll always be able to find something to watch.

How to Watch USA Network on Amazon Fire TV

You can watch USA Network on Amazon Fire TV with one of these streaming services: fuboTV, Hulu With Live TV, Sling TV, AT&T TV Now or PlayStation Vue. YouTube TV will be getting Amazon Fire TV support in late 2019. To get started, just download the application for the service you’ve chosen from the Amazon App Store, then sign in.

Your other option is to download the USA Network app for Amazon Fire TV. You can sign in with any of the above streaming services, and watch live and on-demand content. This is a good way to watch USA Network on Amazon Fire TV if you have YouTube TV, since YouTube TV currently does not support Amazon Fire TV.

How to Watch USA Network on Roku

You can watch USA Network on Roku with one of these streaming services: fuboTV, Hulu With Live TV, Sling TV, AT&T TV Now, PlayStation Vue or YouTube TV. Download the app for the service you’re using from the Roku Channel Store, log in, and enjoy.

You also can download the USA Network Roku channel, and log in with any of the above services to watch more live and on-demand content.

How to Watch USA Network on Apple TV

You can watch USA Network on Apple TV with one of these streaming services: fuboTV, Hulu With Live TV, Sling TV, AT&T TV Now, PlayStation Vue or YouTube TV. Open up the App Store, download the app for the service you want to use, sign in, and you’ll be all done.

Optionally, you can choose to download the USA Network app. All of the above streaming services let you log into the app just like you would with a cable subscription, and this gives you a bit more flexibility.

David – http://markethive.com/david-ogden

Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes

October 21, 2019 David

Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market.

Industry analytics provider Skew recently observed that long positions held by institutional accounts — pension funds, endowments, insurance companies, mutual funds & portfolio/investment managers with institutional clients — have begun to rise again in October after nearly falling to zero BTC. Right now, this subset’s long holdings sit at just over 1,100 BTC.

Bitcoin Bull Case Gains Traction

The trend Skew observed comes as Bitcoin’s bull case has begun to grow once again. For instance, a partner at Bitazu Capital recently found that BTC’s price is nearing a bottom. He noted that a number of technical indicators suggest that the bear trend is about to reverse.

The fundamental side of the Bitcoin story is also gaining traction. On Friday, Abigail Johnson, chief executive of Fidelity Investments, told Financial Times that the firm’s cryptocurrency branch will finally be rolling out its Bitcoin and cryptocurrency custodial and trade execution services to all qualified accounts — institutional players.

Johnson also said that she believes that Bitcoin is not a mere trend and is instead here to stay:

“It’s not going away. As long as the value is there, people will look to preserve that value.”

Not In The Clear Just Yet

While the bull case for Bitcoin is growing, this market is not in the clear just yet.

Per previous reports from this very outlet, a “death cross,” which is when a short-term moving average crosses below a long-term moving average for an asset, is forming on the Bitcoin chart. Should this technical pattern come to fruition on Bitcoin’s chart, it will show that bears have control of this market. As a trader pointed out, the last BTC death cross, which was observed in 2018, marked the commencement of a long-term price correction.

Also, Peter Schiff, a prominent libertarian investor, has suggested that BTC’s price chart “looks horrible.”

Schiff, in fact, remarked that the “(bear) flag that followed the recent breakdown projects a move to $6,000,” which would imply a 25% drop from current levels if this move pans out. He even added that not only has Bitcoin fallen below a flag, “but we are [also] close to completing the right shoulder of a head and shoulders top … that projects a collapse below $2,000.”

Nick Chong

5 hours ago

David – http://markethive.com/david-ogden

Bitcoin BTC Price Weekly Forecast -Vulnerable Below 8K-82K

October 20, 2019 David

Bitcoin (BTC) Price Weekly Forecast – Vulnerable Below $8K-$8.2K

There was a steady decline in bitcoin price below the $8,200 support against the US Dollar.

The price is currently trading below $8,000 and it remains at a risk of more losses.

There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

The price must climb above $8,100 and $8,200 for bullish continuation in the near term.

Bitcoin price is showing bearish signs below $8,000 against the US Dollar. BTC could extend its decline below the $7,800 support area in the near term.

Bitcoin Price Weekly Analysis (BTC)

In the past few days, BTC followed a bearish path below the $8,400 and $8,250 levels against the US Dollar. The BTC/USD pair even settled below the $8,200 support and the 100 simple moving average (4-hours). Finally, there was a break below the $8,000 support and a new monthly low was formed near $7,822. The price is currently consolidating losses and is trading below the $8,000 support.

An immediate resistance is near the $8,000 level or the 23.6% Fib retracement level of the recent decline from the $8,475 swing high to $7,822 low. On the upside, there are many hurdles near the $8,100 and $8,200 levels. Moreover, there is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair.

Besides, the 50% Fib retracement level of the recent decline from the $8,475 swing high to $7,822 low is also near the $8,150 level. Finally, 100 simple moving average (4-hours) is positioned near the $8,200 level. Therefore, bitcoin price must surpass the $8,100 and $8,200 resistance levels to start a decent recovery. Additionally, a close above the $8,200 barrier and the 100 SMA is needed for more upsides.

On the downside, the key support is near the $7,800 level. If there is a downside break below the $7,800 support, the price could continue to decline in the near term. The next major support is near the $7,500 level, below which there is a risk of more losses towards $7,200.

Looking at the chart, bitcoin price is clearly trading in a bearish zone below the $8,000 pivot level and the $8,200 resistance. Therefore, a convincing break above $8,000 and a follow through above $8,200 is required for a strong recovery. If not, the price is likely to test the $7,500 support area.

Technical indicators

4 hours MACD – The MACD for BTC/USD is slowly moving back into the bearish zone.

4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is currently recovering and it could break the 40 level.

Major Support Level – $7,800

Major Resistance Level – $8,200

Aayush Jindal

David – http://markethive.com/david-ogden

Ripple CEO – Bitcoin or XRP will not replace any currencies for the time being

October 19, 2019 David

Ripple CEO – Bitcoin or XRP will not replace any currencies for the time being

Brad Garlinghouse, CEO of Ripple, does not believe that Bitcoin, XRP or other cryptocurrencies will replace local currencies such as the dollar, the euro or the Chinese yuan. The environmental conditions were in his view not yet ready to be suitable for the "masses".

Garlinghouse describes in an interview to "The Economic Club of New York" that Bitcoin or XRP will not serve in the next period as a replacement for classic Fiat currencies. He sees the use cases for the practice mainly in cross-border payments justified, as crypto currencies in this area are clearly superior to traditional Fiat currencies.

He also states that in the near future, people will not pay for goods in the supermarket or services with digital assets (freely translated):

XRP, in my opinion, and really every crypto – I do not think the use case is a consumer use case today. I imagine a certain percentage of the people in this room stopped by Starbucks before they came this morning. And you had no problems paying.

You used your Visa card. Maybe you had dollars in your pocket, I do not know. But it worked. People will not adopt a new thing unless it helps you in some way.

Cryptocurrencies could be used in some third world countries that lack access to finance. Above all else, cryptocurrencies could solve the problem of the different valency of fiat currencies (freely translated):

There are markets that have already lost control of their currency where the transaction cost for a Visa transaction is not 150 basis points or 200 basis points. There are 800 basis points.

Garlinghouse sees in it, among other things, the current developments of Facebook's own project Libra justified. Facebook has portrayed Libra as a kind of fiat currency in its white paper, which of course is a thorn in the side of many governments worldwide. Nevertheless, the crypto payment platforms are growing worldwide, which ensure a steadily increasing adaptation of Bitcoin and Co. There are many apps, such as Flexa or Wirecard, that enable you to pay for goods or services in participating shops within a few clicks within the app.

Ripple is currently pushing ahead with the further adoption and expansion of XRP through partnerships with wallet provider BRD and startup Vega. This is intended to reach new users and develop markets. Although the Vega platform is currently still under construction, it offers access to the wholesale market, which is worth several trillion worldwide. Ripple seeks to be present in key markets early through smart investment decisions and has a strong network of affiliates. It remains to be seen whether XRP can compete with other rivals such as Stellar Lumens .

Marcel Knobloch

18th October 2019

David – http://markethive.com/david-ogden

Bitcoin fails to recover as weekly volume on BitMEX drops 72 in 3 months traders bearish

October 18, 2019 David

Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish

The Bitcoin price has failed to push above a relatively low resistance level at $8,374, making a bigger pullback into the mid-$7,000 region more likely.

According to Arca’s chief investment officer Jeff Dorman, the current state of the cryptocurrency market, given the low volume of bitcoin, incentivizes traders to short bitcoin until bottom levels are hit.

Traders in the cryptocurrency market often utilize BitMEX to place long or short BTC contracts and the low volume of the exchange could make it easier for bears to maintain control.

Since the July peak earlier this year during which the bitcoin price spiked to as high as $13,920, the weekly volume of BTC on BitMEX has dropped from $55 billion to around $15 billion, by more than 72 percent.

The volume of BitMEX, in particular, is important for traders as it is the largest margin trading platform in the global cryptocurrency market, and it is speculated to have the biggest impact on the short term price trend of bitcoin.

Traders are not discarding potential drop of bitcoin to $6k

Some traders who are considered to trade with large size on cryptocurrency margin trading platforms are not dismissing the possibility of bitcoin dropping to the low $6,000 region in the short term.

Since early 2019, bitcoin traders who have been gearing towards a bearish medium-term trend have consistently emphasized $6,300 to $6,500 as an area of significant historical activity that could serve as a bottom for BTC heading into 2020.

A technical analyst who operates with the alias “Dave the Wave” noted that short term momentum indicators have become increasingly irrelevant due to high volatility.

Momentum indicators are not relevant during the current bitcoin price trend says analyst (source: Dave the Wave Twitter)

As such, with the declining volume of BTC on BitMEX and other spot exchanges causing a build-up of sell-pressure, technical analysts foresee a further 30 percent to 40 percent pullback from current levels.

Altcoin market isn’t doing any better

Major cryptocurrencies in the likes of Ethereum and XRP have been underperforming against both bitcoin and the U.S. dollar since the beginning of the year.

From their record highs, the price of Ethereum and XRP have fallen by 88 percent and 92 percent respectively, while BTC has dropped by less than 60 percent in around the same period.

The lagging growth of the altcoin market, following predictions of an altcoin season in July, has led the valuation of the cryptocurrency market to slip by 42 percent within less than four months from $385 billion to $220 billion.

For bitcoin and the cryptocurrency market to recover to key resistance levels, it would need to be supplemented with a noticeable spike in daily and weekly volume.

For now, there are little signs of a potential trading volume upsurge in the cryptocurrency market.

Joseph Young· October 18, 2019 at 4:06 am UTC

David – http://markethive.com/david-ogden

Bitcoin and Cryptocurrencies Dominated by Sellers

October 17, 2019 David

Bitcoin and Cryptocurrencies Dominated by Sellers

In the last 24 hours, cryptocurrencies dropped 2.5% in market capitalization, moving this value to $216.05 billion with a 24H traded volume of $26.2 billion (+1.15%). ALGO (-6.39), Bitcoin SV (-6.3), Tron(-6.03)Litecoin (-5.03%) were the most sold cryptos. The exceptions were Monero (6.27%), Dodge Coin (5.73), and XEM (8%). The best performers among tokens were SNX (16.1%), and MOF (15.66%).

The Market capitalization chart shows that the heaviest selling happened at 06 p.m. on Monday and since then it has recovered slightly,

Market cap

Hot News

Market Capitalization

Telegram informed investors the launch of TON, its own cryptocurrency project, will be delayed, and thus, investors could get their funds back according to the original deal. Telegram wants to move the deadline from October 30 to April 30, 2020.

US Congressman Warren Davidson, a member of the US House of representatives from Ohio, said in an interview by Noded bitcoin Podcast that Facebook should adopt Bitcoin and drop their Libra project. He explained that Cash App was able to go unnoticed by merely integrating bitcoin into their platform instead of creating a brand new coin. He also suggests that Libra could be treated as security since it can be manipulated by a central authority.

Venezuelan president Nicolás Maduro stated its government is delivering a total of USD 543,700 in the oil-backed Petro cryptocurrency to each of the 23 states on a bimonthly basis. He also said that additional resources would be handed to local governments next month. This might the first time a government is officially founding its institutions using a state-run cryptocurrency.

Technical Analysis

Bitcoin

Bitcoin continued descending during the last 24 hours, and its price is now slightly below $8,000. The main drop happened before 6.pm. Then, the price made a timid recovery, although the current price action suggests more drops (lower highs and lower lows). The price continues moving below the -1SD Bollinger line and the MACD is in its bearish phase.

The levels to watch are:

Supports 4H Pivot Resistances

S3: $7,500 8,200 R3: $9,320

S2: $7,700 R2: $8,700

S1: $7,900 R1: $8,530

Ethereum

Ethereum followed a quite similar path to the Bitcoin. After breaking the triangular formation to the downside, the price kept moving down to touch $172 and then slightly bounce, as the price went to the oversold region. MACD continues being bearish, and the price moves below the -1SD Bollinger line.

Supports 4H pivot: Resistances

S3 $160 180 R3 202

S2 $167 R2 196

S1 $168 R1 186

Ripple

Ripple reached the corrective target we devised yesterday and is sitting on the ascending trendline and its 50-period moving average. MACD is still in it bearish phase, and although XRP did a modest correction compared to other cryptos, there is still a chance for more drops, as the price is below the -1SD Bollinger level and, as mentioned MACD still show selling pressure.

Supports Pivot: Resistances

S3 $0.24 $0.27 R3 $0.33

S2 $0.25 R2 $0.30

S1 $0.26 R1 $0.285

David – http://markethive.com/david-ogden

Bitcoin And Crypto Market Signaling Bearish Continuation – BCH EOS TRX ADA Analysis

October 16, 2019 David

Bitcoin And Crypto Market Signaling Bearish Continuation – BCH, EOS, TRX, ADA Analysis

The total crypto market cap struggled to surpass $220.0B and declined recently below $215.0B.
Bitcoin price is also under pressure and it recently traded below the $8,200 support area.
EOS price is down around 5% and it broke the key $3.000 support area.
BCH price retested the key $215 support area and it is currently correcting higher towards $225.
Tron (TRX) price is down more than 5% and it broke the main $0.0160 support zone.
Cardano (ADA) price declined nearly 5% and it is now trading below the $0.0400 support.

Bitcoin and the crypto market cap are showing bearish signs. Ethereum (ETH), EOS, Tron (TRX), BCH, ripple, ADA and BNB are likely to extend decline.

Bitcoin Cash Price Analysis

After multiple failures to clear the $230 resistance, BCH price reacted to the downside against the US Dollar. The price traded below the $220 level and tested the key $215 support area. However, the decline was contained and the price is currently recovering above $220.

On the upside, there are many resistances near the $225 and $230 levels. A convincing close above $230 might push the price towards $240 or even $250.

EOS, Tron (TRX) and ADA Price Analysis

EOS price failed to stay above the key $3.050 support area. As a result, there was a downside break below the $3.000 support and the price is down more than 5% today. The next major support is near the $2.850 level, where the bulls are likely to take a stand.

Tron price failed to gain strength above the $0.0165 resistance area and recently started a fresh decline. TRX price broke the key $0.0162 and $0.0160 support levels. It is down close to 5% and it is approaching the $0.0155 support area. On the upside, the $0.0160 level is now a strong resistance, followed by $0.0162.

Cardano price struggled to clear the $0.0420 resistance area and recently declined sharply. ADA price broke the $0.0400 support area to move into a bearish zone. If there are more downsides, the price could test the $0.0380 support level in the near term.

Looking at the total cryptocurrency market cap 4-hours chart, the $220.0B and $225.0B levels prevented an upside break. As a result, there was a bearish reaction and the market cap moved below the $215.0B level and a bullish trend line on the same chart. On the downside, an immediate support is near the $210.0B level, below which there could be more losses in in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins in the near term. Conversely, a break above $220.0B is needed for a fresh increase.

Aayush Jindal

David – http://markethive.com/david-ogden

IRS to Require 150 Million Filers to Disclose Crypto Activities

October 15, 2019 David

IRS to Require 150 Million Filers to Disclose Crypto Activities

The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year.

New Tax Form

The IRS published a draft of the new 1040 tax form containing a question about the tax filer’s crypto-related activities on Friday. The move follows the release of the agency’s long-awaited tax guidance which was published on Wednesday.

The 1040 form is the main tax form used by all filers in the U.S. According to the IRS, over 154 million tax returns were submitted using this form in 2018, and over 152 million in 2017. The new 1040 form, when implemented, will be used to file taxes starting in 2019. The IRS emphasized that “This is an early release draft of an IRS tax form, instructions, or publication, which the IRS is providing for your information,” adding:

We generally do not release draft forms until we believe we have incorporated all changes, but sometimes unexpected issues arise, or legislation is passed.

The 1040 instructions, also published Friday, has a section on “virtual currency.” The IRS explained that taxpayers must check the “yes” box if they have “engaged in any transaction involving virtual currency.”

The tax agency added that any comments regarding the draft, instructions or publications can be submitted, but “we may not be able to consider many suggestions until the subsequent revision of the product,” the IRS wrote.

All US Taxpayers Will Be Asked

According to the draft of the new 1040 tax form, Schedule 1 will now include a question about the tax filer’s crypto activities. Schedule 1, entitled Additional Income and Adjustments to Income, is filed alongside the 1040 form. It is used to report income or adjustments to income that cannot be entered directly on Form 1040.

The first question on the new Schedule 1, according to the draft, will be a yes or no question which reads:

At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?

According to the tax agency, such a transaction includes “The receipt or transfer of virtual currency for free (without providing any consideration), including from an airdrop or following a hard fork; an exchange of virtual currency for goods or services; a sale of virtual currency; and an exchange of virtual currency for other property, including for another virtual currency.”

Draft of Schedule 1 of Form 1040.

Furthermore, the IRS reiterated that taxpayers must use Form 8949 to figure out their capital gain or loss, and report it on Schedule D of Form 1040, if they have “disposed of any virtual currency that was held as a capital asset” during the year.

For taxpayers who received any cryptocurrency “as compensation for services” or disposed of any coins held for sale to customers in a trade or business, the IRS emphasized that they must report the income as they would other income of the same type. “For example, W-2 wages on Form 1040 or 1040-SR, line 1, or inventory or services from Schedule C on Schedule1,” the IRS exemplified.

Lastly, taxpayers who did not engage in any crypto transactions during the year do not need to do anything if they are not filing Schedule 1. Otherwise, they only need to check the “no” box on the form.

What do you think of the IRS asking about cryptocurrency on the main U.S. tax form? Let us know in the comments section below.

by Kevin Helms

David – http://markethive.com/david-ogden

How Bitcoin Miners Fueled the Bear Market Trend of 2018

October 14, 2019 David

How Bitcoin Miners Fueled the Bear Market Trend of 2018

When the financial industry was left astounded by the downward spiral of Bitcoin in 2018, questions as to the cause largely went unanswered even though some analysts had one or two things to say about it. Nevertheless, there is no need to search further as recent data has revealed who to hold responsible for the market’s continued degradation, and that is Bitcoin Miners.

The Action that Triggered the Downtrend

Token Analyst uploaded a new study that showed the role miners played in the fall of Bitcoin. The analysis, which was shared on social platforms on October 11, stated that the moment miners began to sell coins directly, things began to go wrong for Bitcoin.

It is not a coincidence that the moment BTC/USD crashed to $3,100 was the same time miners were orchestrating a massive sell-off. June and August recorded a massive transfer of coins to exchanges, which depreciated even further what was left of the Bitcoin price.

Token Analyst stated: “We see miners taking advantage of volatility by sitting on their mined stash and then selling around large price swings.”

Miners and their Quest for Price Control

Already there are assumptions that point to miners as having a hand at the collapsed Bitcoin price of 2018, and now, the data released by Token Analyst has confirmed them.

The unusual event is not also lost to the popular industry commentators who have been following the issue for a long time now. One of them, PlanB, has shown via his stock-to-flow Bitcoin price model that the influence of miners over Bitcoin price should not be taken lightly.

Another group of commentators, which include Cole Garner, Filb Filb, and others, believe that miners encourage minimum BTC prices.

Miners and what the Future Holds

Garner, who is in support of the concept, has backed up his belief by repeating what Satoshi Nakamoto, the creator of Bitcoin, said back in 2010, which is that production cost plays a vital role in the price of a commodity. He further added that:

“If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more.”

Therefore, these statements may be geared towards preparing the minds of the crypto community members for a new Bitcoin price floor projected to be around $6,400, because it is improbable that miners will sell below the price.

The next block size halving expected to happen in May 2020 will determine a lot of things for Bitcoin enthusiasts, just like it did in 2016. With block reward dropping to 6.25 BTC per block, everyone should buckle up for new price highs.

by Adedamola Bada October 12, 2019 in Bitcoin News

David – http://markethive.com/david-ogden

Bitcoin BTC Price Weekly Forecast – 8300 Holds Key For Fresh Increase

October 13, 2019 David

Bitcoin (BTC) Price Weekly Forecast – $8,300 Holds Key For Fresh Increase

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar.
The price is currently consolidating above the key $8,300 support area.
There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The price must stay above the $8,300 and $8,250 support levels to start a fresh increase in the near term.

Bitcoin price is struggling to hold gains above $8,300 against the US Dollar. BTC needs to surpass the $8,500 and $8,550 resistance levels to continue higher.

Bitcoin Price Weekly Analysis (BTC)

This past week, BTC gained strong bullish momentum above the $8,300 and $8,350 resistances against the US Dollar. The BTC/USD pair climbed more than 5% and broke the $8,500 and $8,700 resistance levels. Moreover, there was a close above $8,500 and the 100 simple moving average (4-hours). A new monthly high was formed near the $8,934 level and later the price started a sharp downward move.

The price broke the $8,800 and $8,500 support levels. Additionally, there was a break below the 50% Fib retracement level of the upward move from the $7,763 low to $8,934 high. More importantly, there was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair. The pair even traded below the $8,350 support area.

At the moment, the price is consolidating losses above the $8,300 support area. It seems like there is a strong support forming near the $8,300 level and the 100 simple moving average (4-hours). Moreover, the 61.8% Fib retracement level of the upward move from the $7,763 low to $8,934 high is also near the $8,300. If there is a downside break below the $8,300 support area, bitcoin price could move back into a bearish zone.

The next key support area is near the $8,250 level, below which it could move towards the $8,000 level. On the upside, there is a major hurdle forming near the $8,500 and $8,550 levels. A convincing close above the $8,550 resistance area could set the tone for more upsides in the coming sessions.

Looking at the chart, bitcoin price is currently consolidating above the key $8,300 support area. As long as there is no daily close below $8,300, there are high chances of a fresh increase above the $8,500 resistance area in the near term.

Technical indicators

4 hours MACD – The MACD for BTC/USD is likely to move back into the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for BTC/USD is currently below the 50 level, with a positive angle.

Major Support Level – $8,300

Major Resistance Level – $8,500

Aayush Jindal

David – http://markethive.com/david-ogden