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 $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 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 $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 […]
Bitcoin: USD/BTC (BTC=X) Broke Support The 100 SMA is over the more drawn out term 200 SMA to show that the easy way out is still to the upside. As it were, there still may be a shot for the uptrend to continue. Be that as it may, the hole between the two is narrowing […]
Cryptocurrencies Finished Lower Across the Board $BTCUSD Bitcoin, the worlds # 1 digital currency is currently trading at 6,529.75,+42.29, or +0.65%, as of 2:01a BST, the market is open After a volatile few sessions last week Bitcoin spent the weekend inside 6,300 – 6,600 with weekend trading volume at its lowest marks since 9 June […]
Bitcoin: USD/BTC (BTC=X) Where to Next? Bitcoin has formed lower highs and higher lows to create a symmetrical triangle on its 4-hour chart. Price is just bouncing off the bottom of the triangle and may be due for a test of the resistance at $7,200. Bitcoin has been on weak footing over the past week but […]
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 $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, […]
Suspicious Trading In Bitcoin (BTC) Raises Red Flags $BTCUSD, $GS In the 1st week of September, Bitcoin saw its price fall by about 14%, from 7,380 to 6,410 following news that Goldman Sachs (NYSE:GS) was going to halt its plans to set up a digital currency trading desk. While it turns out that this news […]
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 $BTCUSD,$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 […]
Bitcoin: USD/BTC (BTC=X) Facing Resistance There were more declines noted below the $425 low in bitcoin cash price against the US Dollar. The BCH/USD pair broke the $425 and $420 support levels and traded to a new monthly low at $410. Later, buyers appeared and the price recovered above the $425 level. There was also […]
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 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 $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 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 $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 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 $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: 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 $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 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 $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 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 $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 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 […]
The SEC Continues to Disapprove Bitcoin ETF Proposals $BTCUSD Again, the SEC has disapproved more proposals for Bitcoin ETF. The latest rejection has seen 8 bids turned down by the authorities; 2 from Proshares that would have tracked Bitcoin futures, another from GraniteShares and 5 more from Direxion. The SEC said that Bitcoin ETF markets […]
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 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 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 (BTC) Recovers, Key SKorean Exchange Back Online $BTCUSD Bitcoin is rallying this week after the 5th largest crypto exchange in the world, Bithumb, reopened. It had temporarily shut down new account registrations after a $30-M hack in June. All of this buying is coming from Asia, the biggest news in the market now is […]
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 (BTC) Broke Out of its 20 Days Narrow Range $BTCUSD Bitcoin’s (BTC) price surpassed 7,000 early Tuesday after 20 days in a narrow range below 6,800. The worlds largest cryptocurrency by market capitalization first moved past the 7,000 mark early Tuesday after trading sideways for the past 20 days. Bitcoin passing the psychological hurdle […]
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 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 $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 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 $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: USD/BTC (BTC=X) price sold off after the SEC rejection The 100 SMA is still above the longer-term 200 SMA to show that the path of least resistance is to the upside. This suggests that support is more likely to hold than to break or that the uptrend is more likely to resume than to […]
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 $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 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 $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. […]
Bitcoin: USD/BTC (BTC=X) Triangle Pattern Forming The 100 SMA is above the longer-term 200 SMA to signal that the path of least resistance is to the upside. This suggests that an upside break is more likely to occur than a break lower. Also, the moving averages are near the triangle bottom to add to its […]
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 […]
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 $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 […]
Bitcoin: USD/BTC (BTC=X) Buy on Dips After slipping to its intraday low around $6,217, Bitcoin recovered as much as 4 percent on Thursday. Comparing to the very recent price action, Bitcoin seems to have overstayed in the $6450-6500 area. In medium-term, the price is forming poles of bear pennants every other day. But, for now, […]
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 […]
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Bitcoin: USD/BTC (BTC=X) Set to Rise? Bitcoin rose today well over $6,500 after it had fallen below the $6,000 level yesterday and looked headed for a record new low for the year. The daily chart shows that the relative strength index (RSI) has formed a bullish divergence. Prices have moved lower during the August 8 […]
The Big Q: What Exactly Happened to the Cryptocurrency Market? $BTCUSD “The cryptocurrency market is now of its biggest draw-downs ever, and even the staunchest crypto Bulls have to be wondering when it is going to end.” On 7 January 2018, the total value of all cryptocurrencies reached an all-time high of $829, according to […]
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 $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’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 […]
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 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 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. […]
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 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 $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 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 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 […]
Bitcoin Target $10,000 Bitcoin looks set for a minor rally, having defended a key moving average support over the past 72 hours. Bitcoin has regained its footing Tuesday, trading higher as traders look to halt the recent selloff. After logging its eighth losing session in the last nine on Monday, bitcoin BTCUSD, -5.80% last changed […]
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 $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 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 $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 $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 $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 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 $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 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 $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 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 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 $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 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 […]
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 $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 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 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 $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 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 […]
Bitcoin: USD/BTC (BTC=X) Next move could reach $ 10 thousand BTC / USD pair is under a bearish correction, the price of Bitcoin reached its maximum in the $ 8500, so it started a correction to $ 8100; however we see how the EMA / MA trend lines are close to making a bullish cross […]
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 $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 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 $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 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 […]
Bitcoin’s Month Long Rally Has Technical Analysts Turning Bullish $BTCUSD In June MTD Bitcoin has rallied and broken the Psych and technical marks monitored by traders. Currently Bitcoin is 50% off its all-time highs from December 2017, the overall sentiment may have reversed with series of higher highs and higher lows are now in place […]
ENX The Cryptocurrency Set to Take Over Hollywood ENX will use blockchain technology to create low-cost tokenized ticketing systems with compelling features. ENX is a movie, video and music streaming service and digital payments ecosystem—designed to solve the entertainment industry’s most fundamental problems. Movie theaters, television, and cable were all disrupted by the advent of […]
Bitcoin: USD/BTC (BTC=X) Bears Have Finally Run Out of Steam There is a certain amount of supply in this area, so if we are going to turn around, it’s probably going to be between here and $8000 above. I think there is more than enough reason to believe that we could pull back, because we […]
How to and Where to Buy Bitcoins $BTCUSD Cryptocurrencies have been met with skepticism, Warren Buffett and JPMorgan Chase’s Jamie Dimon, both have rebuked it. The Bitcoin investing has cooled, but its future is bright. The Big Q: So how exactly do you go about getting a piece of the digital age currency? How do I buy Bitcoin? The […]
The NYSE Bitcoin Index (.NYXBT) Surged by 10 per cent in Less than an Hour The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The price of bitcoin surged by 10 per cent in less than an hour on Tuesday, pushing the cryptocurrency’s value above […]
CoinBene Lists Internet of People Cryptocurrency CoinBene, a global exchange that ranks among the 10 largest in the world, according to the CoinMarketCap, remains with its strategy of offering the largest number of digital assets to its customers and announces its listing on Internet of People (IoP). IoP was released to be more than a […]
Bitcoin: USD/BTC (BTC=X) Breakout! Or is it? It certainly has been a positive week for the crypto market. On Wednesday the market has continued to push higher as traders return to cryptocurrencies in their droves. The technical analysis had clearly stated that the King of Crypto had been oversold and bound for a rebound in […]
Bitcoin (BTCUSD) Broke the Psych Resistance at $7000 Each $BTCUSD Bitcoin, the biggest digital coin rose 12% Tuesday. The move accelerated as the cryptocurrency pushed past the 7,000 price mark for the 1st time in more than a month. Currently, Bitcoin is trading at 7,462.686523,+796.020020, or +11.940341%, as of 5:20a BST, the market is open. Bitcoin last traded […]
‘Big Blue'(NYSE:IBM) Partners with Stronghold for New Digital Coin $IBM Tuesday, IBM aka Big Blue (NYSE:IBM) announced that is backing a new cryptocurrency pegged to the USD, in a partnership with US-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said. Dubbed the stable coin, Stronghold USD, […]