Day: September 18, 2017

CNBCMexico readies bill to regulate fast-growing fintech industryCNBCThe proposed legislation, which Mexican President Enrique Pena Nieto said this month would be unveiled in the Senate before Sept. 20, seeks to ensure financial stability and defend ag…

Ether now has a US$27 billion market capitalization, while exchange traded volume trailing Bitcoin on most days. Price action over the last week has also closely followed that of Bitcoin, with a heavy correction and fast retracement.

Economic TimesBitcoin rebounds in India too, rises 20% in 3 days to wipe off lossesEconomic TimesThe currency came under strong pressure after BTCChina, one of the biggest bitcoin exchanges in the world, last week said it would shut down all trading ac…

Hello and welcome to News BTC’s Market Outlook September 19. DASH/USD DASH rallied a bit during the session on Monday, pulling back towards the $330 level, and finding more bullish pressure in that general vicinity shows that we may have a bit of staying power. Because of this, I believe that DASH will continue to show … Continue reading DASH/USD and LTC/USD Technical Analysis September 19 2017

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Hello and welcome to News BTC’s Market Outlook September 19. ETH/USD Ethereum rallied on Monday, reaching towards the $300 level. A break above there should be a bullish sign, and send this market towards the $320 level next. Alternately, if we were to break down below the $270 level could send this market towards the $250 … Continue reading ETH/USD and ETH/BTC Technical Analysis September 19 2017

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Hello and welcome to News BTC’s Market Outlook September 19. BTC/USD Bitcoin rallied during the Monday session, as we are retaking the 4000 handle. It looks likely that buyers will continue to be attracted to this market, after a massive selloff. However, there are still concerns coming out of China as it appears government officials are … Continue reading BTC/USD and BTC/JPY Technical Analysis September 19 2017

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Key Highlights ETH price climbed higher and traded close to the $300 level against the US Dollar. There is a new contracting triangle pattern with support at $278 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains elevated as long as it stays above the $278-270 support area in the … Continue reading Ethereum Price Technical Analysis – ETH/USD Forming Breakout Pattern

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Key Highlights Ripple price managed to move above a major resistance area at $0.1850 against the US Dollar. Yesterday’s highlighted major bearish trend line with resistance at $0.1850 on the hourly chart of XRP/USD (data source from Kraken) was broken. The price is now correcting from $0.1969, but remains above the 100 hourly simple moving … Continue reading Ripple Price Technical Analysis – XRP/USD Moves Above 100 SMA

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FortuneBitcoin and the Fintech Sector Are Being Scrutinized by Mexican LegislatorsFortuneMexico would regulate its fast-growing financial technology sector, including firms that use crypto-currencies like bitcoin, to protect consumers and spur competit…

Key Points Bitcoin cash price managed to break the $450 resistance against the US Dollar to gain momentum. There are was a break above a bearish trend line with resistance at $450 on the hourly chart of BCH/USD (data feed from Kraken). The price is now supported on the downside near $440 for further gains. … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Eyes Further Gains

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Bitcoin price seems to have completed a large correction and is ready to resume its long-term uptrend.

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Barron’s3 Must Read Stories: Chinese Financial Market Reforms, Bitcoin Rally, China-Singapore Relations Back on TrackBarron’sThe knifes have been out for Bitcoin recently amid increased scrutiny from Chinese authorities and a host of experts slamming t…

MobileGo continues to play counterpart to bitcoin and ethereum as it simply reacts to market factors driving those two cryptocurrencies lately.

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Bitcoin’s valuation eclipsed $4,950 earlier this month, up almost 400% from the start of the year. Then China cracked down on exchanges and JPMorgan CEO Jamie Dimon labeled the cryptocurrency a ‘fraud.’ Bitcoin recently closed at $3,650. If you crave action and volatility, this is the asset for you. But traditional capital markets professionals know very little about cryptocurrencies; more education is warranted.

An unexpected participants’ turnout prompted BitClave to replan its fundraising round which was originally scheduled to take place on September 15, 2017. The decentralized search engine platform announced a day before the scheduled pre-sale that they had received a massive amount of whitelisting registrations. The team had never anticipated a huge turnout, as it hinted; … Continue reading BitClave Merges Pre-ICO with Full Sale Round as User Volume Peaks

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