Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to run to the upside during the trading session on Wednesday, but the $340 level looks to be offering a bit of resistance. Because of this, I think a pullback might be necessary, but that pullbacks should only offer a fresh buying opportunity. I […]
Archive | November 15, 2017
Tezos, a company with over half a billion dollars in crypto assets, have been rocked by yet another lawsuit. Following a record-breaking ICO four months ago, founders Arthur and Kathleen Breitman have endured a torrid time after falling out with the head of the Tezos Foundation. Concerned investors filed a class action lawsuit on October 25. […]
Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin exploded to the upside yet again on Wednesday, slicing through the $7000 level. However, there is a lot of noise extending to the $7600 level, and it does look like we are getting a bit overbought on the 4-hour chart. With the stochastics crossing in […]
IOTA rally was perhaps November 15 highlight. Price action gained $0.18 by the end of the day. NEM, Monero, NEO and DASH were whipsawing with bull and bear pressure cancelling each other out. Let’s look at the charts: NOVEMBER 12 HI-LO DEFINES NEM SHORT TERM TREND The Hi-Los of November 12 continues to define price […]
‘Big four’ consulting firm KPMG has announced it is joining the industry trade group, the Wall Street Blockchain Alliance.
Key Highlights ETH price is correcting lower and is currently trading near a major support at $326 against the US Dollar. Yesterday’s highlighted major bullish trend line with current support at $326 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price should hold the trend line support near $326 to […]
Creators believe that Blockchain is the missing link in the architecture of an effective and secure online voting system.
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Bitcoin Bringing Hype to Real Estate MarketCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Cryptocurrencies, mostly Bitcoin, are starting to entrench themselves in all sorts of place…
By putting a house up for sale in Bitcoin, real estate agents are seeing some surprising benefits.
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Bitcoin Not Currency, Never Will Be: Expert BlogCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)It would appear that 2017 could be fairly called the Year of Bitcoin. The most popular and thus valuable cryptocurrency has been breaking record after record this year. On 8 November, 1 BTC was trading somewhere around $7,700; […]
Key Points Bitcoin cash price is slowly moving lower and is currently trading below $1300 against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1200 on the hourly chart of BCH/USD (data feed from Kraken). The price has to overcome sell offers near $1200 and $1300 to make […]
Bitcoin is far too volatile to classify as money, and likely never will serve that purpose. However, it’s still useful.
CoinDeskIndia’s Supreme Court Calls on Government to Regulate BitcoinCoinDeskThe Indian Supreme Court has asked the government to respond to calls to regulate bitcoin. Three justices issued a notice to the central bank, the market regulator, the tax department, and several other agencies, asking them to answer a petition on the …
The court asked India’s central bank and several government agencies to respond to a petition that expressed concern about tax dodges and ransomware.
Bitcoin price appears to be reviving its uptrend on the 1-hour time frame, but there are still signs that bears could win out. The post Bitcoin Price Technical Analysis for 11/16/2017 – Bulls Back on their Feet? appeared first on NEWSBTC.