Archive | November 6, 2017

ETH/USD and ETH/BTC Technical Analysis November 7 2017

ETH/USD Ethereum continues to chop around in a large consolidation area, with minor support at $290, and even more important support at $272 underneath. Ultimately, I believe that breaking above the $316 level is what the market will eventually do, and once we get above that level, the market should continue to go towards the […]

DASH/USD and LTC/USD Technical Analysis November 7 2017

DASH/USD DASH continues to go sideways overall, as we are in a relatively well-defined consolidation phase. Ultimately, looks as if the $250 level is going to continue to be massively supportive, while the $300 level will be significantly resistant. Ultimately, this is a “buy on the dip” type of market, but you should build a […]

New French Restaurant in New York City Accepts Bitcoin, Ditches Visa/MasterCard – CryptoCoinsNews

CryptoCoinsNewsNew French Restaurant in New York City Accepts Bitcoin, Ditches Visa/MasterCardCryptoCoinsNewsA new French restaurant in New York City is taking things one step further to give diners a unique experience: it’s letting them pay in bitcoin. La Sirène, which opened on Friday, is located on Upper West Side, and proclaims to be an authentic French […]

Bitcoin Cash Price Technical Analysis – Can BCH/USD Hold $580-600?

Key Points Bitcoin cash price is trading in a range, but remains supported above the $580 level against the US Dollar. There is a connecting bearish trend line forming with resistance at $620 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few times toward $580-560, but it is […]

BTC/USD and BTC/JPY Technical Analysis November 7 2017

BTC/USD Bitcoin has been reasonably flat over the last several sessions, but should find support near the $7000 level. The should line up nicely with the previous resistance line of the uptrend channel, so it’s likely that we should see plenty of buying pressure underneath. Bitcoin looks very healthy, but taking a bit of a […]

Ethbet Development Continues After Crowdsale Sells Out During First Week

Ethbet – the first gambling platform on the Ethereum blockchain that has announced support for peer-to-peer betting – launched its much-anticipated crowdsale on September 17th. Almost 70% of all available tokens were sold during the first day, with the remaining tokens being bought over the next several days, leading the crowdsale to permaneantly close to […]

Ethereum Price Technical Analysis – ETH/USD Breakout Pattern

Key Highlights ETH price is slowly preparing for the next move and placed well above $291.50 against the US Dollar. There is a major contracting triangle forming with resistance at $301.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price has to clear the $301-302 resistance to gain traction in the near […]