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Price Overview: Bitcoin, Ethereum, Litecoin – Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Price Overview: Bitcoin, Ethereum, LitecoinCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Bitcoin futures are absolutely essential for the market players. First, it will allow banks…


Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)

Price Overview: Bitcoin, Ethereum, Litecoin
Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
Bitcoin futures are absolutely essential for the market players. First, it will allow banks and investment companies to offer their customers a product that does not require the necessity to open a crypto wallet or an account on a crypto-exchange ...
Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD HighsBitcoin News (press release)

all 3 news articles »

ETH/USD and ETH/BTC Technical Analysis November 24 2017

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to explode to the upside, breaking will above the $400 level in thin trading during Thanksgiving Day. Because of the lack of volume, it didn’t take much to push the market higher. Look for pullbacks at this point as potential buying opportunities, as we … Continue reading ETH/USD and ETH/BTC Technical Analysis November 24 2017

The post ETH/USD and ETH/BTC Technical Analysis November 24 2017 appeared first on NEWSBTC.

Hello and welcome to News BTC’s Market Outlook November.

ETH/USD

ethusd

Ethereum continues to explode to the upside, breaking will above the $400 level in thin trading during Thanksgiving Day. Because of the lack of volume, it didn’t take much to push the market higher. Look for pullbacks at this point as potential buying opportunities, as we are most certainly overbought.

ETH/BTC

ethbtc

Ethereum even managed to skyrocket against Bitcoin, gaining over 10% at one point. However, this is a longer-term downtrend that remains very much intact, at least until we can break above the 0.055 handle. Also, stochastic oscillators are starting to cross in the overbought area on a 4-hour chart, so this could be a warning.

Thanks for watching, I will be back on Monday.

The post ETH/USD and ETH/BTC Technical Analysis November 24 2017 appeared first on NEWSBTC.

Bitcoin’s main rival Ethereum hits a fresh record high – CNBC


CNBC

Bitcoin’s main rival Ethereum hits a fresh record high
CNBC
Ether has risen by more than 5,000 percent since the start of the year. It is the second-largest cryptocurrency, with a market capitalization of more than $40 billion. The rally followed a prediction from billionaire investor Mike Novogratz that ether
Bitcoin Cash Passes $1500 Again As Lead Dev Pronounces Bitcoin DeadCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
The current state of Bitcoin and EthereumTNW
Top Wall Street Analysts Set New Bitcoin Price Targets Above $10000Bitcoin News (press release)
Business Insider –CryptoCoinsNews –Bitcoinist
all 102 news articles »

CNBC

Bitcoin's main rival Ethereum hits a fresh record high
CNBC
Ether has risen by more than 5,000 percent since the start of the year. It is the second-largest cryptocurrency, with a market capitalization of more than $40 billion. The rally followed a prediction from billionaire investor Mike Novogratz that ether ...
Bitcoin Cash Passes $1500 Again As Lead Dev Pronounces Bitcoin DeadCointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
The current state of Bitcoin and EthereumTNW
Top Wall Street Analysts Set New Bitcoin Price Targets Above $10000Bitcoin News (press release)
Business Insider -CryptoCoinsNews -Bitcoinist
all 102 news articles »

Bitcoin Series #5 – Altcoins And Forks – Seeking Alpha

Bitcoin Series #5 – Altcoins And ForksSeeking AlphaOr, to put it simply, Altcoins are crytocurrencies other than Bitcoin. Some Altcoins will be made using adapted Bitcoin software (so-called “software forks”), some will be made using entirely new softw…


Bitcoin Series #5 - Altcoins And Forks
Seeking Alpha
Or, to put it simply, Altcoins are crytocurrencies other than Bitcoin. Some Altcoins will be made using adapted Bitcoin software (so-called “software forks”), some will be made using entirely new software. Some will have their own blockchains from ...

VIBEHub Teams Up With Global Tech Giant Monster Technologies

After only two months since the conclusion of their Token Sale, the VIBEHub team is making major moves with long term implications for the AR/VR industry. VIBEHub has formally announced that they will be working with global tech giant Monster Inc and their new division Monster Technologies. Monster is a global electronics conglomerate that has … Continue reading VIBEHub Teams Up With Global Tech Giant Monster Technologies

The post VIBEHub Teams Up With Global Tech Giant Monster Technologies appeared first on NEWSBTC.

After only two months since the conclusion of their Token Sale, the VIBEHub team is making major moves with long term implications for the AR/VR industry. VIBEHub has formally announced that they will be working with global tech giant Monster Inc and their new division Monster Technologies. Monster is a global electronics conglomerate that has been a key innovator of electronic hardware in the tech industry for over 40 years. With yearly sales revenue in the billions, offices located globally, a workforce numbering over six hundred and one of the original architects of the Beats by Dr.Dre line, Monster is positioned to be a leading entity for years to come.

Monster, a global behemoth, teaming up with VIBEHub, an AR/VR startup may surprise some but for many in the tech industry this is conventional thinking. This move confirms what many industry insiders have already concluded, that Monster is willing to embrace and invest in the coming virtual and augmented reality revolution by joining forces with companies like VIBEHub. Monster is looking to expand into AR/VR with the VIBEHub team, whom have released several exciting beta versions on its platform accompanied with YouTube demo videos and they already have an established AR/VR platform with global subscribers. Monster has great relationships with several great mainstream artists such as Joe Perry of Aerosmith, Rae Sremmurd, and Yo Gotti just to name a few. This partnership is not only great news for both companies but also for the mixed reality consumer market as it strives for mass adoption.

VIBEHub is also hinting at capturing photorealistic holograms of mainstream artists in elaborate virtual environments and allowing VIBE token holders to enjoy the performances on the platform by years end. When we discuss Volumetric video it is important to distinguish this from 360 video, which places the user in a static position with freedom limited to moving their head but lacking the overall ability to change position while also lacking comparable depth. On the contrary, Volumetric video captures every angle of the subject allowing the user to interact with the photorealistic hologram. It also allows VIBEHub to manipulate the objects by scaling, rotating or placing them in exotic locations. VIBEHub plans to use these captures and create experiences in AR/VR as well as conventional laptops and mobile tablet devices. The VIBEHub team has posted pictures inside the 8i studio with large captions indicating a pending announcement. 8i is a Los Angeles based production company solely focused on bringing volumetric video technology to the masses. They are heavily backed by Ashton Kutcher and some of the biggest venture capital firms in Silicon Valley. Google, coincidentally also hired 8i earlier this year to build an Augmented Reality (AR) app for them.

VIBEHub will also be releasing their own custom “lightning” like off-chain solution to facilitate instantaneous atomic transactions, without any gas fees while performing micro-transactions on the VIBEHub platform using the VIBE token by the years end. This is a major milestone in development as it is essential to create a seamless user experience with the various devices without the need of a special plug in or the requirement to run a local node yourself. Many believe AR/VR technology is the future and VIBEHub has certainly strategically placed themselves to be a key player for a long time. VIBEHub is currently trading on HitBTC and Etherdelta under the ticker VIBE. The website for VIBEHub is vibehub.io, where you can see what the VIBE is all about.

 

 

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Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel

Key Highlights Ripple price is slowly moving higher but struggling to gain momentum above $0.2500 against the US Dollar. This week’s highlighted ascending channel with current support near $0.2380 is active on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently testing the channel support at $0.2380-90 and might … Continue reading Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel

The post Ripple Price Technical Analysis – XRP/USD is Following Uptrend Channel appeared first on NEWSBTC.

Key Highlights

  • Ripple price is slowly moving higher but struggling to gain momentum above $0.2500 against the US Dollar.
  • This week’s highlighted ascending channel with current support near $0.2380 is active on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair is currently testing the channel support at $0.2380-90 and might bounce back.

Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD has to remain above $0.2350 to gain further in the near term.

Ripple Price Support

There was no major upside move in Ripple price above $0.2500 against the US Dollar. The price was seen struggling to gain traction above $0.2450 and $0.2500. However, it still remains in an uptrend above $0.2300. More importantly, this week’s highlighted ascending channel with current support near $0.2380 is active on the hourly chart of the XRP/USD pair.

The pair is currently trading near a major support area at $0.2390. The channel support is at $0.2390 along with the 100 hourly simple moving average. Moreover, the 23.6% Fib retracement level of the last wave from the $0.2052 low to $0.2496 high is also around the same support. Therefore, the channel support near $0.2380-90 is very important and must hold losses.

Ripple Price Technical Analysis XRP USD

Should there be a break below $0.2380, there is a chance of XRP testing the 50% Fib retracement level of the last wave from the $0.2052 low to $0.2496 high at $0.2275. Below this last, the $0.2050 support can be tested. On the upside, the channel resistance is near $0.2550. Before $0.2550, the $0.2500 level is also a major resistance area, which is preventing upsides towards $0.2600.

Looking at the technical indicators:

Hourly MACD – The MACD for XRP/USD is currently in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level and is showing bearish signals.

Major Support Level – $0.2380

Major Resistance Level – $0.2500

 

Charts courtesy – Trading View, Kraken

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DASH/USD and LTC/USD Technical Analysis November 24 2017

Hello and welcome to News BTC’s Market Outlook November. DASH/USD DASH continues to look healthy, as we pulled back slightly during the day on Thursday, but found support at the $550 level. I believe that we are trying to build up enough momentum to finally clear the $600 level and stay above there, so we may … Continue reading DASH/USD and LTC/USD Technical Analysis November 24 2017

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Hello and welcome to News BTC’s Market Outlook November.

DASH/USD

dashusd

DASH continues to look healthy, as we pulled back slightly during the day on Thursday, but found support at the $550 level. I believe that we are trying to build up enough momentum to finally clear the $600 level and stay above there, so we may get some choppiness in the meantime. Ultimately, I think that this remains a “buy on the dips” type of scenario.

LTC/USD

ltcusd

Litecoin has rallied again during the day on Thursday, breaking out to fresh, new highs. We are above the $75 handle, so one would expect a slight pullback to go looking for more momentum building pressure. I suspect that a pullback at this point will only offer more buying opportunities as Litecoin looks ready to go much higher.

Thanks for watching, I’ll be back Monday.

The post DASH/USD and LTC/USD Technical Analysis November 24 2017 appeared first on NEWSBTC.

BTC/USD and BTC/JPY Technical Analysis November 24 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin continues to wade just above the $8000 level, as we continue to see that area attract a lot of support. With the Thanksgiving holiday and the subsequent day after, most Americans won’t be bothered trading. Because of this, we could see this market grind sideways … Continue reading BTC/USD and BTC/JPY Technical Analysis November 24 2017

The post BTC/USD and BTC/JPY Technical Analysis November 24 2017 appeared first on NEWSBTC.

Hello and welcome to News BTC’s Market Outlook November.

BTC/USD

btcusd

Bitcoin continues to wade just above the $8000 level, as we continue to see that area attract a lot of support. With the Thanksgiving holiday and the subsequent day after, most Americans won’t be bothered trading. Because of this, we could see this market grind sideways over the next couple of sessions. Nonetheless, it looks as if the $8000 level will continue to offer support.

BTC/JPY

btcjpy

Bitcoin fell against the Japanese yen initially on Thursday, but has found enough support at the ¥900,000 level to turn around and show signs of life again. I believe that the market will continue to go higher, and that it is all but inevitable that we will go looking towards the ¥1 million level.

Thanks for watching, I will be back on Monday.

The post BTC/USD and BTC/JPY Technical Analysis November 24 2017 appeared first on NEWSBTC.

Ethereum Price Technical Analysis – ETH/USD’s New High; Remains Bullish

Key Highlights ETH price surged above the $400 level and traded to a new all-time high at $424.13 against the US Dollar. There is a new bullish trend line forming with support at $400 on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains a good buy on the downside near the … Continue reading Ethereum Price Technical Analysis – ETH/USD’s New High; Remains Bullish

The post Ethereum Price Technical Analysis – ETH/USD’s New High; Remains Bullish appeared first on NEWSBTC.

Key Highlights

  • ETH price surged above the $400 level and traded to a new all-time high at $424.13 against the US Dollar.
  • There is a new bullish trend line forming with support at $400 on the hourly chart of ETH/USD (data feed via SimpleFX).
  • The price remains a good buy on the downside near the $400 and $390 support levels.

Ethereum price moved sharply higher against the US Dollar and Bitcoin. ETH/USD is currently above $400 and is eyeing more gains in the near term.

Ethereum Price Trend

There was a sharp upside move in ETH price as it moved above the $390 and $400 resistance levels against the US Dollar. The price gained heavy bids above the $400 level and traded to a new all-time high at $424.13. Later, a minor correction wave was initiated from $424.13. It has moved below the 23.6% Fib retracement level of the last wave from the $359.11 low to $424.13 high. However, the downside move seems to be supported above the $400 level.

At present, the 38.2% Fib retracement level of the last wave from the $359.11 low to $424.13 high is acting as a support and preventing declines. There is also a new bullish trend line forming with support at $400 on the hourly chart of ETH/USD. The trend line support is likely to act as a solid barrier for more declines below $390. Moreover, the 50% Fib retracement level of the last wave from the $359.11 low to $424.13 high is near $391. Therefore, the $400 and $390 levels are important supports on the downside.

Ethereum Price Technical Analysis ETH USD

On the upside, an initial resistance is around $420 followed by $424. A break above $424 would call for more gains in ETH/USD in the near term.

Hourly MACD – The MACD is nicely moving in the bullish zone.

Hourly RSI – The RSI is well above the 50 level despite the recent dip in the price.

Major Support Level – $400

Major Resistance Level – $420

 

Charts courtesy – SimpleFX

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The Fundening? Quarter Billion Dollar Gold Fund is Buying Bitcoin – Bitcoin News (press release)


Bitcoin News (press release)

The Fundening? Quarter Billion Dollar Gold Fund is Buying Bitcoin
Bitcoin News (press release)
Bitcoin is paving the way for the reintroduction of gold as global money,” Mr. Naylor-Leyland surmised. Rather than viewing bitcoin as a threat to the precious metal, he instead views it as a way to educate investors. “Bitcoin was explicitly designed
Gold Fund Manager: Bitcoin ‘Designed To Be Digital Gold’Kitco News

all 4 news articles »


Bitcoin News (press release)

The Fundening? Quarter Billion Dollar Gold Fund is Buying Bitcoin
Bitcoin News (press release)
Bitcoin is paving the way for the reintroduction of gold as global money,” Mr. Naylor-Leyland surmised. Rather than viewing bitcoin as a threat to the precious metal, he instead views it as a way to educate investors. “Bitcoin was explicitly designed ...
Gold Fund Manager: Bitcoin 'Designed To Be Digital Gold'Kitco News

all 4 news articles »

Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1500; Eyes $1800

Key Points Bitcoin cash price climbed higher and was able to move above the $1500 resistance against the US Dollar. There is a new connecting bullish trend line forming with support at $1600 on the hourly chart of BCH/USD (data feed from Kraken). The price is currently well supported on the downside near $1600 and … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1500; Eyes $1800

The post Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1500; Eyes $1800 appeared first on NEWSBTC.

Key Points

  • Bitcoin cash price climbed higher and was able to move above the $1500 resistance against the US Dollar.
  • There is a new connecting bullish trend line forming with support at $1600 on the hourly chart of BCH/USD (data feed from Kraken).
  • The price is currently well supported on the downside near $1600 and $1500.

Bitcoin cash price managed to pop higher above $1500 against the US Dollar. BCH/USD is currently correcting lower, but remains supported.

Bitcoin Cash Price Trend

There were solid gains in bitcoin cash price as it moved above the $1500 resistance against the US Dollar. The upside move was strong and the price was even able to move above the $1600 and $1700 levels. A new intraday high was formed at $1746 from where a minor correction was initiated. The price has moved below the 23.6% Fib retracement level of the last wave from the $1460 low to $1746 high. However, there are many supports on the downside such as $1600 and $1580.

The best one is a new connecting bullish trend line forming with support at $1600 on the hourly chart of BCH/USD. The trend line support is positioned around the 50% Fib retracement level of the last wave from the $1460 low to $1746 high. Therefore, the $1600 support is likely to act as a strong buy zone and a barrier for sellers. Only a close below $1580 would call for a test of the previous resistance (now support) at $1500.

Bitcoin Cash Price Technical Analysis BCH USD

On the upside, the price might retest the recent swing high of $1746. If buyers remain in action, there is even a chance of BCH testing the $1800 level in the near term.

Looking at the technical indicators:

Hourly MACD – The MACD for BCH/USD is placed well in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is currently correcting lower.

Major Support Level – $1600

Major Resistance Level – $1745

 

Charts courtesy – Trading View, Kraken

The post Bitcoin Cash Price Technical Analysis – BCH/USD Breaks $1500; Eyes $1800 appeared first on NEWSBTC.

Bitcoin Price Technical Analysis for 11/24/2017 – Resistance Turned Support Close By

Bitcoin price is pulling back from its strong rally and could be due for a test of the former resistance around $7500.

The post Bitcoin Price Technical Analysis for 11/24/2017 – Resistance Turned Support Close By appeared first on NEWSBTC.

Bitcoin Price Key Highlights

  • Bitcoin price is sliding from its recent highs, indicating that a correction is underway.
  • This follows the bearish divergence highlighted in a previous article.
  • Traders appear to be booking profits at the moment, but more buyers could join in once the nearby area of interest is tested.

Bitcoin price is pulling back from its strong rally and could be due for a test of the former resistance around $7500.

Technical Indicators Signals

The 100 SMA is above the longer-term 200 SMA on this time frame so the path of least resistance is to the upside. This means that the uptrend is more likely to resume than to reverse.

Applying the Fibonacci retracement tools on the latest rally shows that the 38.2% level lines up with the 100 SMA dynamic support. The 200 SMA is closer to the 50% Fib, adding to its strength as a potential floor as well. The line in the sand for a correction might be the 61.8% Fib at $6600.

Stochastic is on the move down to confirm that selling pressure is in play. RSI is also heading south, so the correction could go on for a while. However, both oscillators are also nearing oversold levels to reflect exhaustion among bears and a likely return in bullish pressure.

Market Factors

Traders continue to lighten up on their bitcoin holdings over the Thanksgiving holidays for fear of a news update triggering a larger than usual reaction on lower market liquidity.

However, the dollar remains on weak footing, thereby limiting bitcoin price losses. Trader are adjusting positions to reflect the more cautious Fed outlook on inflation, with policymakers worrying that it would take longer to hit the 2% target than initially anticipated.

As for bitcoin price itself, any announcement on CME bitcoin futures could be bullish, especially if the group confirms its launch date for the year. For now, it is still pending regulation and any major roadblocks could lead to larger dips.

The post Bitcoin Price Technical Analysis for 11/24/2017 – Resistance Turned Support Close By appeared first on NEWSBTC.

Blockchain Forges Ahead at Nasdaq

There have been many successful Blockchain proofs of concepts in financial services, and it’s exciting to see the beginnings of a shift from technology validation mode to commercialization. Here, Nasdaq provides insight into its Blockchain projects.

There have been many successful Blockchain proofs of concepts in financial services, and it’s exciting to see the beginnings of a shift from technology validation mode to commercialization. Here, Nasdaq provides insight into its Blockchain projects.