Archive | November 15, 2017

ETH/USD and ETH/BTC Technical Analysis November 16 2017

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 […]

Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month

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. […]

BTC/USD and BTC/JPY Technical Analysis November 16 2017

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 […]

Ethereum Price Technical Analysis – ETH/USD Testing Key Support

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 […]

Bitcoin Not Currency, Never Will Be: Expert Blog – Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

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; […]

Bitcoin Cash Price Technical Analysis – BCH/USD Grinding Lower

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 […]

India’s Supreme Court Calls on Government to Regulate Bitcoin – CoinDesk

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 …