EOS/USD has gone up from $3.27 to $3.33 this Monday. The Elliott oscillator shows two straight bullish sessions. EOS/USD had a bullish Monday wherein the price went up from $3.27 to $3.33. The price has gone up further to $3.34 this Tuesday. The hourly chart shows that price faced resistance around $3.27 and fell to...Read More
Bitcoin price surged higher and broke the main $10,000 and $10,200 resistances against the US Dollar.The price is currently consolidating below the next key resistance at $10,500-$10,525.This week’s followed key bearish trend line was breached with resistance near $9,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is currently trading...Read More
Binance announced acquisition of cryptoasset derivatives trading platform JEX on Monday, 2nd Sept 2019. JEX now becomes Binance JEX with the acquisition. Binance will now handle JEX team as well as token. JEX token now will focus on delivering cryptocurrency derivatives to Binance users. Including, futures contracts, options, and other derivatives Interestingly, Binance also introduced...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
The world’s second largest crypto asset has taken a beating recently. Not only has Ethereum price collapsed below $200 but it is constantly hounded by the majority of the crypto community which remain blinded by the performance of its big brother.Ethereum Remains AsleepIn terms of price action, there are not many positive things to say...Read More
The total crypto market cap recovered nicely and broke the key $250.0B resistance area.Bitcoin price is up more than 7% and it recently climbed above $10,400.Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance.Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and $70.00 levels.BCH price...Read More
Ripple price started an upside correction above the $0.2600 resistance against the US dollar. The price is facing a strong selling interest near the main $0.2650 resistance area. Yesterday’s highlighted major bearish trend line was breached with resistance near $0.2565 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is...Read More
This year has been all about Bitcoin. Even the handful of altcoins that have made good gains are now losing them as BTC crushed them all with its increasing market share.Bitcoin Dominance at 2 Year HighAccording to charts on Tradingview.com BTC dominance topped 72.5 percent today. Its recent move back into five figures has kept...Read More
Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day. Market visualization. Source: Coin360 The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 for most of the day. At press time the number one cryptocurrency is trading at...Read More
Battle of Binance Futures 10,000 BNB and 50% trading fee discount for a full month up for grabs Binance has announced the launch of two Binance Futures Testnet platforms and conducting a competition to allow its customers to choose one. In this “Battle for Binance Futures,” the world’s leading cryptocurrency exchange is giving away a...Read More
ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin price surged more than...Read More
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. You Can’t be a Central Bank During the European Central Bank conference in Frankfurt, Yves Mersch, an...Read More
ETH Price Analysis – September 2 Ethereum price moves to break the $180 resistance level as the coin maintains its upward movement. ETH/USD Market Key Levels:Resistance levels: $200, $210, $220Support levels: $150, $140, $130 ETHUSD – Daily Chart Ethereum has performed better than other coins in recent weeks. Although the ETH price is progressing slightly,...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: Shutterstock The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior...Read More
Monday, Sept. 2 — Bitcoin (BTC) was fighting resistance close to $10,000 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360 Bitcoin attempts to crack $10,000 barrier Data from Coin360 showed BTC/USD was up 2.25% on Monday — climbing through $9,800 to challenge a ceiling it failed to break the day before. At publishing...Read More
source Joe Raedle/Getty Images On August 7, US Citizenship and Immigration Services eliminated what’s referred to as the “medical deferred action” program, and ordered that any immigrants with pending medical deferred action requests leave the country within 33 days or face penalty. It allowed immigrants facing deportation to remain in the US while they or...Read More
The Dow futures are in the red following the response of China towards new sanctions imposed by the U.S., fueling fears of a possible recession. | Source: Shutterstock The Dow futures are in the red once again following the response of China towards new sanctions imposed by the U.S., fueling the drop of the bond...Read More
This weekend, Bitcoin price closed its second consecutive monthly red candle in a row, as bulls failed to push the price of the leading crypto asset by market cap through resistance to retest its recent local high.The post appeared first on NewsBTCRead More
A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed....Read More
Despite promising market momentum, the current conditions remain problematic for Bitcoin service providers. In Thailand, one of the biggest services will shut down in a few weeks. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. It is unclear why this decision was made all of...Read More
Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services. The exchange announced the acquisition on Sept. 2, saying, “JEX will join the Binance ecosystem as Binance JEX and focus on further building the crypto-asset derivatives market.” According to the announcement, Binance will...Read More
From co-founding Ethereum with Vitalik Buterin, to leading the global blockchain community, Gavin Wood has played an immense role in the field of blockchain. On September 27th, Wood is set to make his first stage appearance at the ‘Korea Blockchain Week (KBW 2019)’. His arrival at the event will also mark his first official visit...Read More
Becoming wealthy takes years of hard work, determination, achievement, planning, saving, and a lot of luck unless you invest wisely and take calculated risks that yield a high reward. Even the most successful investor ever, Warren Buffett, says that “if you don’t find a way to make money while you sleep, you will work until...Read More
Online cryptocurrency casinos are becoming more and more popular as the crypto industry grows. The two go hand in hand, as cryptocurrency provides a safe and fast way to transaction with online application. What are bitcoin casinos? Bitcoin casinos are websites that have casino games and accept cryptocurrency. You simply go to their website, make...Read More
Crypto investors, traders, and analysts alike are mostly in agreement that Bitcoin price has switched to bull market mode ever since the crypto asset left its bear market bottom behind. But now that Bitcoin price has been correcting in recent weeks, the market has become bearish and fearful that a deeper correction will soon be...Read More
Bitcoin has gone through a near-impossible feat of convincing global investors about its worth as the rightful replacement of gold, which has also led some to believe that “the demand for gold is adversely affected by the success of cryptocurrencies.” The recent Crypto Research Report stated, “As of yet, the correlation between gold and Bitcoin...Read More
Momentum is changing so quickly in the crypto markets. If four days ago everyone saw Bitcoin price getting below the $9,000 level for the first time since June, now the bulls are back. As mentioned here on our previous analysis, Bitcoin had shown odd calmness, and we anticipated a coming-up huge move. However, no one...Read More
It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of. Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum. Low Volatility Means Unattractive Investment Let’s...Read More
As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good.” The global economy has been propped up since the end of the...Read More