Bitcoin: USD/BTC (BTC=X) could still regain ground from here

Bitcoin: USD/BTC (BTC=X) could still regain ground from here

Bitcoin: USD/BTC (BTC=X) could still regain ground from here Bitcoin recently made a sharp dip lower but quickly found its way back inside the short-term rising channel on the 1-hour time frame. This suggests that price could still regain ground from here and that bulls are keen on defending the longer-term floors. The buildup in short […]

Islamic State’s Use of Bitcoin (BTC) May Be Over Very Soon

Islamic State’s Use of Bitcoin (BTC) May Be Over Very Soon

Islamic State’s Use of Bitcoin (BTC) May Be Over Very Soon $BTCUSD Like cash, the anonymity of Bitcoin and cryptocurrencies have attracted criminals and terrorists to the digital coins over recent past. That could soon all be over after the President of the Financial Action Task Force (FATF), Marshall Billingslea, said the group will likely agree […]

Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being

Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being

Bitcoin: USD/BTC (BTC=X) well supported by $6,300 for the time being Bitcoin is trading at $6,330. The digital coin No.1 failed to return to $6,500 handle despite a strong rally of XRP, ETH, and other altcoins, while its market domination dropped from 58% to 5% in a single day. BTC/USD has gained 1.25% on a […]

Cryptocurrency Exchanges Are at Risk for Manipulation

Cryptocurrency Exchanges Are at Risk for Manipulation

Cryptocurrency Exchanges Are at Risk for Manipulation $BTCUSD Several cryptocurrency exchanges are beleagured by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published Tuesday. The study found that online platforms where virtual currencies such as bitcoin can be bought and sold […]

Cryptocurrencies are Becoming More Stable

Cryptocurrencies are Becoming More Stable

Cryptocurrencies are Becoming More Stable $BTC, $ETH Let’s examines Key factors in the growth of the cryptocurrency industry, and what regulators are doing to mitigate the risks It is an encouraging sign that the cryptocurrency community and regulators have been quick to evolve and respond to risks that have been identified in the market. For […]

Bitcoin (BTC) Briefing, Cryptocurrencies Making Gains Across Industries $BTCUSD, $ETHUSD, $USD, $MS In the market The talk in the cryptocurrency industry last surrounded Ethereum (ETH) as participants stand by and await the next stage of the digital coin’s development. The protocol also served as the starting point for a new fully regulated USD based stable-coin. […]

Savvy Investors Are Buying Blockchain Technology Stocks

Savvy Investors Are Buying Blockchain Technology Stocks

Savvy Investors Are Buying Blockchain Technology Stocks $IBM, $GBTC, $BR The technology known as blockchain is what the cryptocurrency market is built on. However, that is not its only function, it is also being used to change nearly every industry that deals with transactions and ledgers. Yes, there is Key connection between blockchain and cryptocurrencies, […]

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours

Bitcoin: USD/BTC (BTC=X) witnessing massive gains over the course of the past 24 hours For the time being, business as usual seems to have been restored within the cryptocurrency space— with most of the major alt-coins witnessing massive gains over the course of the past 24 hours. Overall, the bias in prices is: Downwards. Note: […]

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher

Cryptocurrency Prices May Be Headed Higher $BTCUSD,$ETHUSD Cryptocurrencies seem to make recoveries when all hope lost, and Thursday’s price action of the world’s 2nd largest cryptocurrency, Ether (ETH) and many others is no exception. Several of the Top 10 cryptocurrencies by market capitalization are reporting 24-hour gainers above 10%, including monero (XMR), litecoin (LTC), and […]

Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class

Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class

Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off

Bitcoin: USD/BTC (BTC=X) Cautious Amidst Crypto Sell-Off The BTC/USD opened today at 6389-fiat after rising from the low near 6218-fiat from the previous day. The pair couldn’t continue the upside correction right from the beginning of the today’s Asian trading session and experience significant sell-off as the day matured. The bearish sentiment also rippled throughout […]

Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000 $BTCUSD Bitcoin held support above 6,000 in Tuesday’s trading; a Bitcoin BTCUSD, +0.37%  was going for 6,232.88, down 1.1% since Monday at 5:00p on the Kraken cryptocurrency exchange. The price of Bitcoin has fallen 14% since the beginning of September. Currently, Bitcoin is trading at 6,287.25, -8.29, or -0.1317%, as of 1:21a BST, the market open. […]

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag

Bitcoin: USD/BTC (BTC=X) Signs of a Bearish Flag Bitcoin bulls and bears continue to battle it out as the price is hovering above the key support area once more. Bulls have strongly defended this level twice already, but the formation of lower highs has indicated that selling pressure is getting stronger. A break below this support […]

Institutional Investors to Launch Services Dedicated to Cryptocurrencies 

Institutional Investors to Launch Services Dedicated to Cryptocurrencies 

Institutional Investors to Launch Services Dedicated to Cryptocurrencies $BTCUSD, $BLK, $GS, $C, $ICE, $JPM The rejections by the US Securities and Exchange Commission (SEC) for the Bitcoin-based ETFs exchange traded funds is no deterrent to aspiring firms hopeful of launching the long-awaited cryptocurrency product. Leading cryptocurrency exchange operator Coinbase has emerged as the latest contender in the race to launch a cryptocurrency […]

Bitcoin: USD/BTC (BTC=X) Upside Limited

Bitcoin: USD/BTC (BTC=X) Upside Limited

Bitcoin: USD/BTC (BTC=X) Upside Limited BTC/USD’s weekly chart continues to project the price movements that are expected, trading within the boundaries of the descending triangle seen on this chart. Prices are now nearing support levels, as it currently trades at $6,200. There is still some downside momentum to this crypto pairing, and we could see […]

Bitcoin Tracker One, Ether Tracker One Trading Suspended

Bitcoin Tracker One, Ether Tracker One Trading Suspended

Bitcoin Tracker One, Ether Tracker One Trading Suspended $CXBTF, $CETHF Bitcoin is still viewed with a jaundiced eye by Wall Street business titans. The Securities and Exchange Commission announced Sunday suspensions in trading of the securities Bitcoin Tracker One CXBTF, -2.38% and Ether Tracker One CETHF. In a statement, the SEC said trading was suspended as of 5:30p. EDT […]

Bitcoin (BTC) Saw 3 Losing Sessions Running as of Friday

Bitcoin (BTC) Saw 3 Losing Sessions Running as of Friday

Bitcoin (BTC) Saw 3 Losing Sessions Running as of Friday $BTCUSD Bitcoin cannot regain losses even after ‘Goldie’ denies calls it’s halting plans to open a crypto trading desk Fake News Digital currency markets saw another losing session, with most major coins in the Red late Friday. Currently, Bitcoin is trading at 6,447.89, +36.11, or +0.5632%, as […]

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment

Bitcoin: USD/BTC (BTC=X) extended its prevailing bearish correction sentiment Bitcoin price on Thursday extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $6,710. The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much […]

Cryptocurrencies Down for a 2nd Day Running

Cryptocurrencies Down for a 2nd Day Running

Cryptocurrencies Down for a 2nd Day Running $BTCUSD, $ETHUSD, $GS Cryptocurrency prices traded sharply lower for a 2nd day running as the fallout from the report that Goldman Sachs has put the brakes on plans to launch a cryptotrading desk persists. The price of 1 Bitcoin, the world’s largest digital currency, fell by more than […]

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support

Bitcoin: USD/BTC (BTC=X) Breaks Rising Wedge Support The BTC/USD on Wednesday plunged as much as 7 percent. The pair seemed to have overstayed its welcome near the resistance of our Rising Wedge channel. There was absolutely no buying sentiment visible around the area in the past three days. The early Asian session saw to it […]

Cryptocurrencies Hammered Across the Board

Cryptocurrencies Hammered Across the Board

Cryptocurrencies Hammered Across the Board $BTCUSD, $ETHUSD Bitcoin dropped sharply and suddenly, and then cryptos across the board are got hammered Commentary: The price of cryptocurrencies dove across the board suddenly and sharply Wednesday morning with no clear reason. Having been steady at about $7,350 a coin during most of trading during both Asian and European […]

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support

Bitcoin: USD/BTC (BTC=X) price stayed above the $7,200 support The BTC/USD pair did correct lower and moved towards the $7,200 support. However, sellers failed to push the price further lower towards the $7,130 support area. A swing low was formed at $7,186 later the price traded above the $7,300 level. The price made a few […]

China’s PBoC Intensifies Pressure on Cryptocurrency Activity

China’s PBoC Intensifies Pressure on Cryptocurrency Activity

China’s PBoC Intensifies Pressure on Cryptocurrency Activity $BTCUSD Chinese authorities have intensified pressure on domestic cryptocurrency activity. Beijing supports the development of the underlying blockchain technology, but it is still trying to limit speculation in digital currencies roughly 1 year since banning their sales in ICOs. Bitcoin prices surged last year as investors bet blockchain […]

Bitcoin: USD/BTC (BTC=X) Could Pullback

Bitcoin: USD/BTC (BTC=X) Could Pullback

Bitcoin: USD/BTC (BTC=X) Could Pullback The range we are watching for today has 7379-fiat as our interim resistance and 7153-fiat as our interim support. It is a pretty wide range to apply our intrarange strategy; thus, a pullback from the Rising wedge resistance or interim resistance could open a decent short opportunity towards support, and […]

Bitcoin: USD/BTC (BTC=X) continues to trend upwards

Bitcoin: USD/BTC (BTC=X) continues to trend upwards

Bitcoin: USD/BTC (BTC=X) continues to trend upwards Bitcoin price on Sunday continued to stick to its uptrend path, recording as much as 4 percent gains against the US Dollar. The BTC/USD began the Asian trading session with a small upside push in continuation of the overall bullish momentum. As the day progressed, there was visibly […]

Bitcoin: USD/BTC (BTC=X) short sellers are still in control

Bitcoin: USD/BTC (BTC=X) short sellers are still in control

Bitcoin: USD/BTC (BTC=X) short sellers are still in control Just when investors were settling in for another round of digital asset price recovery, cryptos turn bearish again. The market is swimming in the sea of red on Thursday 30 as cryptocurrencies trim the gains that had accrued since the week began. Bitcoin (BTC) is leading […]

Bitcoin: USD/BTC (BTC=X) is poised for further rises

Bitcoin: USD/BTC (BTC=X) is poised for further rises

Bitcoin: USD/BTC (BTC=X) is poised for further rises The BTC/USD started Wednesday just shy of 7010-fiat and managed to go as north as 7137-fiat by the end of Asian, and the beginning of European session. The lackluster volume didn’t offer many opportunities for the day traders, but it established that price could attempt a solid […]

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels

Bitcoin: USD/BTC (BTC=X) nice upside move and broke the $6,750 and $6,775 resistance levels The Bitcoin price (BTC/USD) has moved closer to the key level of $7,000 following a sharp uptick that occurred in late Monday trading. The original cryptocurrency spent most of yesterday’s session trading in the $6,700 -$6,800 area. The situation changed toward […]

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar

Bitcoin: USD/BTC (BTC=X) is positioned with a bullish angle above $6,560 against the US Dollar There was a slow and steady rise in bitcoin price from the $6,566 swing low against the US Dollar. BTC/USD traded above the $6,700 level and is currently forming a bullish breakout pattern. The 2-hours chart of BTC price indicates that the […]

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout

Bitcoin: USD/BTC (BTC=X) Look Out for a Wedge Breakout Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price $6743.98 +0.18% have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at $6,000. Unlike in […]

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash $BCHUSD This year’s Bear market in cryptocurrencies has really punished investors who bought Bitcoin (BTC) at the height of cryptomania last year. But, losses have been even more painful for those who invested in promising rival BCH. Bitcoin Cash (BCH), an offshoot of Bitcoin that launched on 1 August […]

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800

Bitcoin: USD/BTC (BTC=X) plunged over 4% from $6,800 Bitcoin has plunged over 4% from $6,800 and tested the support at $6,250 before rising back up again to trade above $6,400 on Thursday’s afternoon trading. The trading volume also suffered as it dipped below $4 billion. The crypto market, on the other hand, has wiped off […]

Bitcoin (BTC) Bulls Defend Key Support

Bitcoin (BTC) Bulls Defend Key Support

Bitcoin (BTC) Bulls Defend Key Support $BTCUSD Bitcoin traded up a bit Thursday, having defended Key support at 6,230 despite bad news. Currently, Bitcoin is trading at 6,530.86, -8.09, or -0.1237%, as of 8:001a BST, the market is open Note: 94 out of the Top 100 cryptocurrencies by market capitalization are flashing Red, according to CoinMarketCap. The risk-off […]

Bitcoin: the SEC’s ETF Decision Caps Price Gains

Bitcoin: the SEC’s ETF Decision Caps Price Gains

Bitcoin: the SEC’s ETF Decision Caps Price Gains $BTCUSD The US Securities and Exchange Commission (SEC) Wednesday rejected applications for 9 Bitcoin-based ETFs (exchange-traded funds) from 3 separate companies, stay tuned… Bitcoin’s (BTC) spiked to a 15-day high Wednesday, but caution ahead of the US Securities Exchange Commission’s (SEC) comming decision on a Bitcoin exchange-traded […]

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute

Bitcoin: USD/BTC (BTC=X) spiked by $US300 in one minute  Bitcoin’s value surged this morning, rocketing from around $US6,450 to almost $US6,900 almost instantly. Prices peaked at $US6,899 before easing back slightly: Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 7,001.28. The projected upper bound is: 7,404.85. […]

Cryptocurrencies Trading Shifts From US Exchanges, Prices Fall

Cryptocurrencies Trading Shifts From US Exchanges, Prices Fall

Cryptocurrencies Trading Shifts From US Exchanges, Prices Fall $BTCUSD, $ETHUSD It is being reported that some big cryptocurrency exchanges may be starting to regret snubbing the alternative small coins. Bitcoin (BTC) is holding up better than smaller crypto coins in this year’s downtrend, but these tokens are boosting crypto exchange volume in a languishing market, […]

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months

Bitcoin: USD/BTC (BTC=X) has been extremely volatile over the last 12 months Cryptocurrencies – digital tokens known as cryptos for short – have investors in the grip of a gold rush fever, with billions being traded every day. Prices fluctuate wildly, making them high-risk investments. But could a more stable, less volatile crypto persuade us […]

Bitcoin (BTC): The Technicals, The Outlook

Bitcoin (BTC): The Technicals, The Outlook

Bitcoin (BTC): The Technicals, The Outlook $BTCUSD Bitcoin is ranged in here, and the direction of the next breakout is uncertain. Bitcoin was expected to rise toward 7,000 at the weekend, having broken above a Key technical mark Friday. However, contrary to expectations, BTC Bulls failed to take up the supply around 6,600 in the frame. […]

ENX Coin will launch its entertainment coin IN November of 2018

ENX Coin will launch its entertainment coin IN November of 2018

ENX Coin will launch its entertainment coin IN November of 2018. The pre-sale launch event will take place on August 23, 2018, in Santa Monica, CA. https://www.eventbrite.com/e/enx-coin-pre-sale-mixer-tickets-48553103640. ENX is looking to partner with major production companies and fund the next block buster film with digital currencies and you can be part of it. The Pre-sale […]

The $87m Bitcoin Heist

The $87m Bitcoin Heist

The $87m Bitcoin Heist Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies. Police in the northern city of Xian began investigating in March when a victim surnamed Zhang complained […]

G-Bit Targets Belt and Road Ecommerce

G-Bit Targets Belt and Road Ecommerce

G-Bit Targets Belt and Road Ecommerce G-Bit has announced the acquisition of a cross border ecommerce platform that incorporates WeChat, Alipay, Bitcoin and Tmall in to a seamless online venue for everything from Real Estate to Retail. The company acquired has investments in Real Estate and manufacturing that will fill the distribution channel created by […]

Budcoin to Build Marijuana Transactional Portal

Budcoin to Build Marijuana Transactional Portal

Budcoin to Build Marijuana Transactional Portal The Budcoin Portal will deliver solutions for growers, retailers, brands and end users. Whether you are a major Agricultural operation or growing plants in your home Budcoin’s interface will help you produce quality plants, discover new technology and for businesses offer a fast and secure transactional platform for industry […]

Cryptocurrencies Bounced Adding $12-B to the Market Cap

Cryptocurrencies Bounced Adding $12-B to the Market Cap

Cryptocurrencies Bounced Adding $12-B to the Market Cap $BTCUSD Friday, gigital currencies posted 3 sessions running in the Green, with all major coins trading in positive territory. Bitcoin the #1 digital currency, has popped back above 6,500, last trading at 6,519.09, up 4.1% since Thursday at 5;00p. Eastern Time on the Kraken crypto exchange. Currently, Bitcoin […]

Cryptocurrencies: Ethereum Leads, Bitcoin Lags

Cryptocurrencies: Ethereum Leads, Bitcoin Lags

Cryptocurrencies: Ethereum Leads, Bitcoin Lags $BTCUSD, $ETHUSD On Thursday Ethereum (ETH) led gains in cryptocurrencies, as Bitcoin (BTC) lagged, finished flat to unchanged on the day. Currently, Ethereum is trading at 297.8850,+14.3579, or+5.0640%, as of 3:59a BST, the market is open Currently, Bitcoin is trading at 6,410.256836,+120.948242, or +1.923074%, as of 3:59a BST, the market is open Ethereum’s […]

The Hollywood Blockchain Event Not to Miss

The Hollywood Blockchain Event Not to Miss

The Hollywood Blockchain Event Not to Miss Thursday, August 23, 2018 | 6:30 PM – 9:30 PM Expert Dojo: 395 Santa Monica Pl. #308, Santa Monica, CA 90401 Learn how to fund your projects using cryptocurrency. Imagine no ROI owed book now Your future starts now! Take the steps to change your financial lifestyle. Pre-sale […]

Bitcoin: USD/BTC (BTC=X) Under Pressure

Bitcoin: USD/BTC (BTC=X) Under Pressure

Bitcoin: USD/BTC (BTC=X) Under Pressure Down two-thirds from its December all-time high of $20,000, bitcoin (BTC) now risks printing fresh 2018 lows below $5,755. The corrective rally seen over the weekend failed to penetrate the key rising trendline hurdle of $6,480 on Monday, allowing the bears to make a strong comeback. As a result, the leading cryptocurrency fell below […]

Bitcoin (BTC) Down to 8-Week Lows

Bitcoin (BTC) Down to 8-Week Lows

Bitcoin (BTC) Down to 8-Week Lows $BTCUSD, $ETHUSD Bitcoin dropped to an 8-week low Tuesday, while Ethereum, the 2nd-largest cryptocurrency in terms of market value, sank to a more than 1-year lows, as they continued their Bearish trend. The Turkish crisis has dampened risk appetite in recent sessions, spurring a sell-off in emerging market currencies […]

Bitcoin: USD/BTC (BTC=X) value will come in time

Bitcoin: USD/BTC (BTC=X) value will come in time

Bitcoin: USD/BTC (BTC=X) value will come in time Bitcoin’s price is close to its lowest point of the year. Rival coins ether and XRP fell alongside bitcoin. The total market capitalization of all cryptocurrencies fell $21 billion in 24 hours. Over the course of a 13-day period, the market capitalization for all of the digital […]

Trade Global Markets with One Account

Trade Global Markets with One Account

Trade Global Markets with One Account Fast, intuitive and secure. Trade more than 50,000 financial products, including stocks, cryptocurrency funds, options, futures, bonds, currencies, metals and commodities from all over the world. Work with your single multi-currency account on any device. Trading stocks is now easier than ever. Get online access to over 10,000 stocks […]

Pump-and-Dump Schemes in Cryptocurrencies

Pump-and-Dump Schemes in Cryptocurrencies

Pump-and-Dump Schemes in Cryptocurrencies $BTCUSD, $ETHUSD Recently, I have read news stories hinted or provided anonymous accounts of schemes to manipulate cryptocurrency trading through pump-and-dump schemes. A recent report by the WS-J provides the proof. The report provides an inside look at the operations of pump-and-dump schemes. The WS-J states that crypto pump-and-dump schemes accounted for $825-M […]

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction

The NYSE Bitcoin Index (.NYXBT) Undergoes Bullish Correction This past week, we saw heavy declines below $6,550 in bitcoin price against the US Dollar. The BTC/USD pair even broke the $6,000 support, but buyers appeared and protected more declines. A low was formed at $5,794 and the price started an upward correction. The price moved […]

Bitcoin (BTC): 6000 is a Key Technical Mark of the Cryptocurrency

Bitcoin (BTC): 6000 is a Key Technical Mark of the Cryptocurrency

Bitcoin (BTC): 6000 is a Key Technical Mark for the Cryptocurrency $BTCUSD Currently, Bitcoin is trading at 6,342.9951,-12.00, or -0.19%, as of 5:58a BST, the market is open Bitcoin’s 6,000 price mark Key support, as for most part of Q-2 of Y 2018, Bitcoin price has hung around this zone with multiple bounces off the support mark. […]

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses. Bitcoin BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken cryptocurrency exchange. The outlook for Bitcoin is weal. This chart is grim meaning there a way to go before this over. During […]

The NYSE Bitcoin Index (.NYXBT) value will rise again

The NYSE Bitcoin Index (.NYXBT) value will rise again

The NYSE Bitcoin Index (.NYXBT) value will rise again Bitcoin lost a huge amount of ground on Wednesday, dropping 8.72 percent on the day to trade at $6,494.73. Bitcoin price is at $6,474.17 at 20:00 (BST) on Thursday, according to CoinDesk. It saw its highest value before Christmas when it reached the monumental price of just under […]

Bitcoin’s (BTC) Participants Buying the Dip

Bitcoin’s (BTC) Participants Buying the Dip

Bitcoin’s (BTC) Participants Buying the Dip $BTCUSD After this week’s 10% decliner, Bitcoin recovered some Thursday Thursday, digital-asset prices moved higher clawing back some of Wednesday’s losses, which saw most major coins post double-digit declines. The session has the #1 digital currency is gaining ground. Currently, Bitcoin is trading at 6,562.20, +18.96, or +0.29%, as of 1:46a […]

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support

Bitcoin: USD/BTC (BTC=X) declined sharply and broke an important support Over the past 24-hours, Bitcoin (BTC) price suffered another bear blow forcing the price back below $6500. Bitcoin is currently trading around $6487 at the time of writing. Its total market capitalization plunges from $122.8B to $111.8B and holding a -7.68% loss in a 24-hour […]

Bitcoin, Ethereum and All of the Alt-coins Took a Deep Dive

Bitcoin, Ethereum and All of the Alt-coins Took a Deep Dive

Bitcoin and Ethereum Deep Dive and All of the Alt-coins Took a Deep Dive $BTCUSD, $ETHUSD Bitcoin prices collapsed Wednesday after the SEC delayed its decision on the proposed Bitcoin-related ETFs submitted by VanEck and SolidX. Bitcoin (BTC) and other cryptocurrencies deep dived Wednesday, with many digital currencies losing more than 10% of their value. Bitcoin […]

Legal Activity Dominates Bitcoin (BTC) Trading

Legal Activity Dominates Bitcoin (BTC) Trading

Legal Activity Dominates Bitcoin (BTC) Trading $BTCUSD Speculation is the dominant driver. The ratio of legal to illegal activity in Bitcoin (BTC) has reversed, according to the US Drug Enforcement Administration (DEA). When agency official started seeing the Bitcoin pop up in her cases at the DEA 5 years ago, her analysis of blockchain data […]

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000

Bitcoin: USD/BTC (BTC=X) slowly recovering above $7,000 Bitcoin price is slowly recovering above $7,000 against the US Dollar. BTC/USD is likely to struggle near a significant resistance at $7,260. After heavy declines, bitcoin price found bids near the $6,880 level against the US Dollar. The BTC/USD pair traded as low as $6,883 and later it […]

Bitcoin (BTC) Tapping at its 3-Week Lows

Bitcoin (BTC) Tapping at its 3-Week Lows

Bitcoin (BTC) Tapping at its 3-Week Lows $BTCUSD Bitcoin prices traded firmly lower Monday, after the digital currency at the weekend fell below 7,000. Currrently, Bitcoin is trading at 6,942.9448, -134.85, or -1.91%, as of 4:12a BST, the market is open. Since Friday’s high, the world’s #1 digital currency has lost $10-M in value, according to data […]

Bitcoin: USD/BTC (BTC=X) continues to struggle overall

Bitcoin: USD/BTC (BTC=X) continues to struggle overall

Bitcoin: USD/BTC (BTC=X) continues to struggle overall Bears come back hard bringing BTC prices below USD 7000 as OKEx clawbacks in USD416 million trade that went bad- the largest futures liquidation in crypto history. The debate on Bitcoin ETF continues as SEC commissioner files public dissent while most on-street believe the delay in ETF. Binance […]

The Market in Cryptocurrencies is Uncertain and Volatile

The Market in Cryptocurrencies is Uncertain and Volatile

The Market in Cryptocurrencies is Uncertain and Volatile $BTCUSD Cryptocurrency fortunes have reversed. Just recently it seemed that digital tokens like Bitcoin were coming out of a long decliner. BTC, which was ranged within about 6,000 and $7,000 for many weeks, managed break out and rose beyond $8,000 for a short period. Last week prices […]

Bitcoin Selloff Has Bears in Charge

Bitcoin Selloff Has Bears in Charge

Bitcoin Selloff Has Bears in Charge $BTCUSD Bitcoin’s (BTC) price pullback from the recent highs above 8,500 looks like a short-term Bear market on the technicals. The leading cryptocurrency fell to a 2-week low of 6900.995 earlier Saturday The sell-off from the recent high of 8,507 had shown signs of exhaustion near 7,455, the 38% Fibo retrace […]

Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer

Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer

Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer $BTCUSD A huge wrong-way (Long) bet on Bitcoin left an unidentified futures trader unable to cover his/her losses, burning counterparties and threatening to dent confidence in 1 of the world’s largest cryptocurrency venues. The long position in Bitcoin futures listed on OKEx, a Hong Kong-based […]

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350

Bitcoin: USD/BTC (BTC=X) crucial connecting trend line formed with support at $7,350 Just close to a week of bearish action, the Bitcoin market is taking a break near a crucial support level. So far, we have seen the BTC/USD establishing its latest high at 8512-fiat, upon which the pair has undergone strong bearish correction action. […]

Individual Investors in US View Bitcoin as Risky 

Individual Investors in US View Bitcoin as Risky 

Individual Investors in US View Bitcoin as Risky $BTCUSD A recent poll reveals that Bitcoin and cryptocurrency are viewed with suspicion by most US individual investors, with only 2% of them holding Bitcoin and another 75% of them describing bitcoin as “very risky.” Conducted by Gallup and Wells Fargo, the poll surveyed nearly 2,000 American investors with […]

The NYSE Bitcoin Index (.NYXBT) Posts Profit of 25.7 Million Francs in H1 2018 from Cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Posts Profit of 25.7 Million Francs in H1 2018 from Cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Posts Profit of 25.7 Million Francs in H1 2018 from Cryptocurrency While many traditional financial institutions in Switzerland are still shying away from dealing in cryptocurrencies and working with crypto companies, those who have ventured into the space are already harvesting the fruits of their decisions. Swiss online banking firm, […]

Bitcoin (BTC) Seems Out of Favor In Here

Bitcoin (BTC) Seems Out of Favor In Here

Bitcoin (BTC) Seems Out of Favor In Here $BTCUSD The world’s biggest cryptocurrency is off more than 5% in the last week, now trading just below 7,700. Despite the latest decliner, 1 cryptocurrency trader says the sell-off is temporary. “Bitcoin has had a pretty good run from 5,800 up to 8,400ish”. So,  while it might […]

The NYSE Bitcoin Index (.NYXBT) Aims to Provide Cryptocurrency Data for Investors

The NYSE Bitcoin Index (.NYXBT) Aims to Provide Cryptocurrency Data for Investors Thomas Reuters has formed a strategic partnership with CryptoCompare, the global cryptocurrency market data aggregator. In addition to Thomson Reuters using sentiment data to track trading insights for the top 100 cryptocurrencies, CryptoCompare will now integrate order book and trade data for 50 […]

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300

Bitcoin: USD/BTC (BTC=X) struggling to break the $8,300 Thanks to Bitcoin’s massive market dominance, when it falls, other coins tend to follow suit. Unfortunately for some of the other big coins, such as Ripple (XRP), Ethereum (ETH), and Bitcoin Cash (BCH), which have experienced sharp corrections, they, unlike BTC, haven’t enjoyed recent bullish runs to […]

Cryptocurrencies Falling Through Key Supports

Cryptocurrencies Falling Through Key Supports

Cryptocurrencies Falling Through Key Supports $BTCUSD Bitcoin and other digital currencies trading lower Tuesday, with Bitcoin notching its worst daily decline in 3 weeks. The price of a single bitcoin BTCUSD, -0.72% was down as much as 6%, breaking out of a short-term trading band of $7,800-$8,200. Bitcoin last changed hands at $7,725.26, down 5.3% since Monday at […]

The NYSE Bitcoin Index (.NYXBT) Exchange Targets European Regulatory Compliance

The NYSE Bitcoin Index (.NYXBT) Exchange Targets European Regulatory Compliance

The NYSE Bitcoin Index (.NYXBT) Exchange Targets European Regulatory Compliance Bitcoin hasn’t moved at all and is still trading at $8,160 where it was this time yesterday. Likewise with Ethereum which is trading at $465, the same level as the weekend. Altcoins are mostly in the red but by very small amounts, the top ten […]

‘Goldie’ says, Expect Further Declines in Cryptocurrencies

‘Goldie’ says, Expect Further Declines in Cryptocurrencies

‘Goldie’ says, Expect Further Declines in Cryptocurrencies $BTCUSD, $ETHUSD, $GS, $WFC Cryptocurrencies do not fulfill any of the traditional roles of a currency, says Goldman Sachs Bitcoin is looking to consolidate the recent momentum that has seen the # 1 digital currency rise by more than 40% since the beginning of July. Monday afternoon’s declines […]

The NYSE Bitcoin Index (.NYXBT) is the most stable of the currencies

The NYSE Bitcoin Index (.NYXBT) is the most stable of the currencies

The NYSE Bitcoin Index (.NYXBT) is the most stable of the currencies Secret meetings in dark alleyways to discuss the cryptocurrency sector seems like a fake news piece from an Illuminati conspiracy theory site, but sometimes, the real news is stranger than ‘fake’ news. Nasdaq recently held a ‘closed door’ meeting with traditional trading exchange […]

The Case Against Day-trading Bitcoin

The Case Against Day-trading Bitcoin

The Case Against Day-trading Bitcoin $BTCUSD Bitcoin has long been touted as a day-trader’s paradise, place where a quick buck is easy to come by. Buy low, sell high, book your profits. But data shows that a “buy and hold” strategy might be more advantageous for those wanting to capitalize on price action in the […]

Bitcoin: USD/BTC (BTC=X) move back in the bullish zone

Bitcoin: USD/BTC (BTC=X) move back in the bullish zone Bulls enjoy the sentiment positivity as they take Bitcoin safely over USD 8k, but Altcoins don’t replicate the same run, Overall coin market cap is on the rise SEC continues to delays and rejects Bitcoin ETF applications, Google removes MetaMask and bans cryptocurrency mining apps from […]

The NYSE Bitcoin Index (.NYXBT) excellent means of storing value

The NYSE Bitcoin Index (.NYXBT) excellent means of storing value

The NYSE Bitcoin Index (.NYXBT) excellent means of storing value The recent bitcoin price decline and subsequent bear market put a severe dent in profit projections for hedge funds that invest in cryptoassets, but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) […]

Bitcoin (BTCUSD) Technicals Point to a Rally

Bitcoin (BTCUSD) Technicals Point to a Rally

Bitcoin (BTCUSD) Technicals Point to a Rally $BTCUSD The DMI  or Directional Movement Index, shows the direction of a price trend by charting the divergence between positive and negative marks. According to the indicator, Bitcoin is experiencing the largest divergence since the run-up from October to December of last year. The strength of this move […]

The NYSE Bitcoin Index (.NYXBT) price could sky rocket if approved for an application for a bitcoin ETF

The NYSE Bitcoin Index (.NYXBT) price could sky rocket if approved for an application for a bitcoin ETF

The NYSE Bitcoin Index (.NYXBT) price could sky rocket if approved for an application for a bitcoin ETF The price of bitcoin reached over $8,400 on Wednesday, despite a decision by the US Securities and Exchange Commission (SEC) to delay its ruling on a major bitcoin ruling. The decision relates to an application for a […]

The Purpose of Cryptocurrency

The Purpose of Cryptocurrency

The Purpose of Cryptocurrency $BTCUSD For many Bitcoin (BTC) is and has always been a mystery. There is no such thing as a Bitcoin “coin”. It is shown as a coin because that’s a useful analogy. It is an Encryption Key, 1 of roughly 21-M answers to an intricate computer puzzle, that can only exist on […]

Bitcoin (BTCUSD) Breaking Round Number Resistances

Bitcoin (BTCUSD) Breaking Round Number Resistances

Bitcoin (BTCUSD) Breaking Round Number Resistances $BTCUSD Bitcoin’s technicals showed us that a bottom had formed, tested and setup for a FIBO price increase. Several technical analysts called out the rise because they saw a inverse head and shoulders pattern in its action. This pattern tells us the price of a security alternates between successive troughs […]

The NYSE Bitcoin Index (.NYXBT) nearing $8,000

The NYSE Bitcoin Index (.NYXBT) nearing $8,000

The NYSE Bitcoin Index (.NYXBT) nearing $8,000 Bitcoin continued its rally Monday, shrugging off regulatory and security worries that have dragged down cryptocurrency prices this year. The world’s largest and most popular digital currency rose 5 percent to a high of $7,785.37 according to data from CoinDesk, and is up roughly 20 percent in the past […]

Bitcoin (BTCUSD)Building on Rally Heads to $8,000

Bitcoin (BTCUSD)Building on Rally Heads to $8,000

Bitcoin (BTCUSD)Building on Rally Heads to $8,000 $BTCUSD The digital currency rose 5% to around $7,700 Monday after breaking above the Psych mark $7,000 level for the 1st time in a month last Tuesday. Bitcoin pundits say news that BlackRock will look into cryptocurrencies and blockchain has helped prices, and investors are awaiting approval of […]

G20 finance ministers and central bank governors have decided that The NYSE Bitcoin Index (.NYXBT) don’t pose a current threat to global financial stability

G20 finance ministers and central bank governors have decided that The NYSE Bitcoin Index (.NYXBT) don’t pose a current threat to global financial stability

G20 finance ministers and central bank governors have decided that The NYSE Bitcoin Index (.NYXBT) don’t pose a current threat to global financial stability The official word from G20 “Crypto-assets can deliver significant benefits to the financial system and the broader economy,” the newest report (PDF) says. “Crypto-assets do, however, raise issues with respect to […]

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