The NYSE Bitcoin Index (.NYXBT) Market Rebounds

The NYSE Bitcoin Index (.NYXBT) Market Rebounds

The NYSE Bitcoin Index (.NYXBT) Market Rebounds With the boom in cryptocurrencies, millions of people are buying and selling virtual coins every day. Some of this activity occurs off-line, with people handing each other spending rights to the coins, but most of it happens through the online exchanges. These companies attract millions of dollars and […]

Bitcoin: The NYSE Bitcoin Index (.NYXBT) The dawn of crypto short-selling

Bitcoin: The NYSE Bitcoin Index (.NYXBT) The dawn of crypto short-selling

Bitcoin: The NYSE Bitcoin Index (.NYXBT) The dawn of crypto short-selling Until recently it wasn’t easy to bet against bitcoin—if you thought a cryptocurrency was overvalued your only option was to sell what you held. That all changed on December 10 when the Chicago Board Options Exchange (CBOE) opened the inaugural futures market for bitcoin, […]

The NYSE Bitcoin Index (.NYXBT) Advantages to a Cryptocurrency Market Pullback?

The NYSE Bitcoin Index (.NYXBT) Advantages to a Cryptocurrency Market Pullback?

The NYSE Bitcoin Index (.NYXBT) Advantages to a Cryptocurrency Market Pullback? In spite of predictions that the cryptocurrency market is nothing more than a bubble waiting to burst, for the time being the space has refused to crash completely. Indeed, although the total market cap of the digital currency space is only a fraction of […]

The NYSE Bitcoin Index (.NYXBT) Bitcoin is the best bet for cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Bitcoin is the best bet for cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Bitcoin is the best bet for cryptocurrency Bitcoin, the largest cryptocurrency by market cap, has been just one of many digital coins in the crypto universe that has been under increased scrutiny in recent months as regulators try to determine how cryptocurrency should be used. But the fact that bitcoin […]

The NYSE Bitcoin Index (.NYXBT) Cryptocurrency terms you need to know

The NYSE Bitcoin Index (.NYXBT) Cryptocurrency terms you need to know

The NYSE Bitcoin Index (.NYXBT) Cryptocurrency terms you need to know Digital, decentralized currencies known as cryptocurrency are all the rage right now, but let’s be honest: Unless you’re well-versed in the intricacies of how they work, it’s hard to wrap your head around them Making good investments requires expert knowledge, and cryptocurrency is even […]

The NYSE Bitcoin Index (.NYXBT) Approaches $6,800

The NYSE Bitcoin Index (.NYXBT) Approaches $6,800

The NYSE Bitcoin Index (.NYXBT) Approaches $6,800\ Cryptocurrency is slowly gaining popularity, but more than a decade after Bitcoin’s first release it still hasn’t achieved wide adoption. Part of the reason is because many people are just naturally resistant to change. Going from the fiat currency that was around before you were born to a […]

USD/BTC (BTC=X) remains rangebound above $6,600 handle

USD/BTC (BTC=X) remains rangebound above $6,600 handle

USD/BTC (BTC=X) remains rangebound above $6,600 handle XRP seems to have broken away from its correlation with Bitcoin as BTC remains rangebound above $6,600 handle. XRP/BTC has also gained over 5%. XRP/USD is up 9.5% on a daily basis and 3.5% higher since the beginning of Tuesday, however, from the technical point of view, the price has […]

The NYSE Bitcoin Index (.NYXBT) Opportunity Knocks for Cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Opportunity Knocks for Cryptocurrency

The NYSE Bitcoin Index (.NYXBT) Opportunity Knocks for Cryptocurrency After proposing to streamline the process of launching an exchange-traded fund (ETF), the United States’ Securities and Exchange Commission (SEC) may be giving blockchain funds easier access to a $3.4 trillion market. If approved following June 28’s unanimous vote, the proposal will lower the ETF market’s barrier to entry — […]

The NYSE Bitcoin Index (.NYXBT) Thailand’s new cryptocurrency laws skip the big debate

The NYSE Bitcoin Index (.NYXBT) Thailand’s new cryptocurrency laws skip the big debate

The NYSE Bitcoin Index (.NYXBT) Thailand’s new cryptocurrency laws skip the big debate Securities, or not securities. That is the crypto question. Except in Thailand. While regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped the debate altogether. Instead, using an emergency decree […]

The NYSE Bitcoin Index (.NYXBT) falls below $6,000

The NYSE Bitcoin Index (.NYXBT) falls below $6,000

The NYSE Bitcoin Index (.NYXBT) falls below $6,000 Bitcoin’s (BTC) price charts remain biased to the bears, but market positioning on a major exchange suggests a sustained break below $6,000 may remain elusive in short-term. So, going by the technicals alone, it seems safe to say that BTC is likely to find acceptance below the […]

The NYSE Bitcoin Index (.NYXBT) Universe Expands Far Beyond Bitcoin

The NYSE Bitcoin Index (.NYXBT) Universe Expands Far Beyond Bitcoin

The NYSE Bitcoin Index (.NYXBT) Universe Expands Far Beyond Bitcoin The entire cryptocurrency market sees another day in the red as its first and foremost cryptocurrency trades at $6,115.14 – 1.68 percent down in 24 hours, at the time of writing. All of the top twenty digital currencies are down but one – Monero (XMR), […]

The NYSE Bitcoin Index (.NYXBT) is reversing its ban on some cryptocurrency ads

The NYSE Bitcoin Index (.NYXBT) is reversing its ban on some cryptocurrency ads

The NYSE Bitcoin Index (.NYXBT) is reversing its ban on some cryptocurrency ads Facebook is reversing its ban on cryptocurrency advertisements and will now allow some pre-approved advertisers to promote crypto businesses and services, like exchanges. Facebook banned all crypto ads on the service back in January, around the height of the bitcoin price surge, to prevent […]

The NYSE Bitcoin Index (.NYXBT) banks shun “volatile” digital currencies

The NYSE Bitcoin Index (.NYXBT) banks shun “volatile” digital currencies

The NYSE Bitcoin Index (.NYXBT) banks shun “volatile” digital currencies Bitcoin continues to have structural flaws – RBA RBA has no plan to adopt digital currencies RBNZ warns of financial stability risks C.bank digital currency can increase bank run risk The central banks of Australia and New Zealand ruled out on Tuesday the notion that […]

The NYSE Bitcoin Index (.NYXBT) Sinks To Eight-Month Low; As Does Cryptocurrency Market

The NYSE Bitcoin Index (.NYXBT) Sinks To Eight-Month Low; As Does Cryptocurrency Market

The NYSE Bitcoin Index (.NYXBT) Sinks To Eight-Month Low; As Does Cryptocurrency Market There has been zero respite from the heavily downtrodden cryptocurrency market, even though Saturday saw it shed roughly 10 percent of its value as part of a widespread sell-off led – in absolute terms – by Bitcoin (BTC). Indeed, after Saturday saw the pioneering cryptocurrency […]

The NYSE Bitcoin Index (.NYXBT) Markets Gain $13 Billion in 1 Hour

The NYSE Bitcoin Index (.NYXBT) Markets Gain $13 Billion in 1 Hour

The NYSE Bitcoin Index (.NYXBT) Markets Gain $13 Billion in 1 Hour For cryptocurrencies, the week began with a negative report from the Bank for International Settlements (BIS), a consortium of some 60 central banks from around the world. The BIS issued a report Monday that was highly critical of the digital currency space. The […]

USD/BTC (BTC=X) bulls light up the fire again

USD/BTC (BTC=X) bulls light up the fire again

USD/BTC (BTC=X) bulls light up the fire again Bitcoin bulls give a blind eye to the woes of Bithumb exchange. “All deposit and withdrawal service will be stopped to make sure the security,” announced Bithumb. Bitcoin price breaks above $6,700, $6,800 is within reach in the short-term. Bitcoin price is teasing traders with brief bullish signals, […]

The NYSE Bitcoin Index (.NYXBT) Technical Outlook

The NYSE Bitcoin Index (.NYXBT) Technical Outlook

The NYSE Bitcoin Index (.NYXBT) Technical Outlook Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 8,763.33. The projected upper bound is: 9,202.52. The projected lower bound is: 7,224.05. The projected closing price is: 8,213.28. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis […]

Apple Inc. (NASDAQ:AAPL) Technicals Indicate a Downward Trend

Apple Inc. (NASDAQ:AAPL) Technicals Indicate a Downward Trend

Apple Inc. (NASDAQ:AAPL) Technicals Indicate a Downward Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 175.45. The projected lower bound is: 157.41. The projected closing price is: 166.43. Candlesticks A black body occurred (because prices closed lower than they opened). […]

The NYSE Bitcoin Index (.NYXBT) Heffx Technical Outlook

The NYSE Bitcoin Index (.NYXBT) Heffx Technical Outlook

The NYSE Bitcoin Index (.NYXBT) Heffx Technical Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 10,411.97. The projected upper bound is: 10,633.71. The projected lower […]

The NYSE Bitcoin Index (.NYXBT) Technicals in Focus

The NYSE Bitcoin Index (.NYXBT) Technicals in Focus

The NYSE Bitcoin Index (.NYXBT) Technicals in Focus Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 14,055.17. The projected lower bound is: 7,244.19. The projected closing price is: 10,649.68. Candlesticks During […]

The NYSE Bitcoin Index (.NYXBT) Upward Trend

The NYSE Bitcoin Index (.NYXBT) Upward Trend

The NYSE Bitcoin Index (.NYXBT) Upward Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 13,974.06. The projected lower bound is: 7,131.48. The projected closing price is: 10,552.77. Candlesticks WARNING: These […]

The NYSE Bitcoin Index (.NYXBT) Technicals Bulls in Favor

The NYSE Bitcoin Index (.NYXBT) Technicals Bulls in Favor

The NYSE Bitcoin Index (.NYXBT) Technicals Bulls in Favor Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 13,651.02. The projected lower bound is: 6,724.15. The projected closing price is: 10,187.59. Candlesticks […]