Archive | December 7, 2017

Bitcoin plunges more than $2500 after hitting new record – CNNMoney

CNNMoneyBitcoin plunges more than $2500 after hitting new recordCNNMoneyArthur Hayes, CEO of Hong Kong-based bitcoin exchange Bitmex, said he thought the sharp correction Friday was “healthy” given that the digital currency’s price had jumped about 80% the past week. He predicted more sharp moves early next week when the …and more »

Mainstream bitcoin futures markets are coming

The age of Bitcoin investments going mainstream is nearly upon us, at least for traders in the US market. Last Wednesday, the highest-volume derivatives market in the world, CME Group, announced that it open its upcoming Bitcoin Futures market on Decem…

Ripple Price Technical Analysis – XRP/USD Bounces Sharply

Key Highlights Ripple price after a major dip found support near the $0.2050 level against the US Dollar. Yesterday’s highlighted major bearish trend line was broken at $0.2350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might is currently correcting lower and it might find support near $0.2300 and […]

NEM BEARS CAUSE WILD PRICE SWINGS AS DASH AND MONERO BULLS RECOVER Technical Analysis for December 8, 2017

NEM bears were the talk of the day yesterday coming after a NEM dump on Poloniex exchange. While this caused volatility, we expect the markets to cool down today. IOTA, Monero and DASH bulls look to be recovering and should NEO bulls bounce from $34 as it is now, then they could end up testing […]

Bitcoin Cash Price Technical Analysis – BCH/USD Downtrend Intact

Key Points Bitcoin cash price remained under pressure and moved below the $1200 support against the US Dollar. There are two main bearish trend lines forming with resistance at $1250 and $1430 on the hourly chart of BCH/USD (data feed from Kraken). The price might move a few points higher, but it remains in downtrend […]

Bitcoin Price Analysis – Price increasing at a breakneck speed

Bitcoin (BTC) is currently undergoing parabolic growth in the setting of unprecedented institutional and retail demand. The market cap is currently US$287.6 billion on US$22 billion worldwide volume over the past 24 hours. The market cap is approaching…