Archive | January 7, 2018

Ripple Price Technical Analysis – XRP/USD Short-term Pressure

Key Highlights Ripple price is currently under pressure and is currently below $2.70 against the US Dollar. There was a break below a connecting bullish trend line with support at $2.70 on the hourly chart of the XRP/USD pair (data source from Kraken). On the upside, there is a key resistance forming around $2.80 and […]

China wants an “orderly exit” from bitcoin mining – Quartz

QuartzChina wants an “orderly exit” from bitcoin miningQuartzThe country’s top internet-finance regulator, the Leading Group of Internet Financial Risks Remediation, issued a notice asking local governments to “guide” bitcoin-mining operations to make an “orderly exit” from the business, according to a leaked …

Ethereum Price Technical Analysis – ETH/USD To Break $1200

Key Highlights ETH price is gaining solid bullish momentum and it recently broke the $1150 level against the US Dollar. There was a break above a crucial resistance trend line at $1100 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might extend the recent gains and it could even break above […]

Assessing China’s Bitcoin ‘Mining Ban’ – Seeking Alpha

NDTVAssessing China’s Bitcoin ‘Mining Ban’Seeking AlphaAlthough rumors about China’s intention to ban bitcoin mining were subsequently invalidated, market players continued to believe such a move would be highly positive for bitcoin prices. I sought to explain in this article the significance of such a ban …How Asian Countries Are Welcoming Or Rejecting Bitcoin PhenomenonNDTVall 8 […]

Dogecoin (DOGE) – See You on the Moon

If the collection of endless memes created on your favorite social media sites could be condensed into a mascot for a new crypto-currency, what would it look like? Those of you in-the-know already see where I’m going with this. Yes, you would condense those memes into the face of a Shiba Inu). The creators of one of […]

Bitcoin Gamers Can Now Enjoy 100% Deposit Bonus with BitZonk

BitZonk, one of the most popular bitcoin gambling games, launches a new promotion for players. Bitcoin fans can now receive 100 percent deposit bonuses. With over 215,000 games played and over 6,400,000 bits wagered, BitZonk is leading the bitcoin gambling experience.  Called the modern “Let’s Make a Deal,” the game allows its players to wager […]

Bitcoin Price Technical Analysis for 01/08/2018 – Pullback to Area of Interest

Bitcoin Price Key Highlights Bitcoin price is still on a climb but is currently pulling back from its short-term uptrend. Price also appears to have broken past a double bottom neckline and is completing a retest. Applying the Fib tool on the latest rally shows the nearby support zones. Bitcoin price is showing bullish momentum […]

Bitcoin Cash Price Technical Analysis – BCH/USD to Retest $2300

Key Points Bitcoin cash price failed to stay above the $2500 and $2600 support levels against the US Dollar. There was a break below a key bullish trend line with support at $2520 on the hourly chart of BCH/USD (data feed from Kraken). The pair might extend its decline and it could even trade towards […]

5 things crypto investors need to watch in 2018

2017 was an incredible year for the cryptocurrency market and 2018 will bring new opportunities as well as challenges for cryptocurrency investors. In this article, you will be introduced to five key aspects that digital currency investors will need to…

After The Rise of its Controversial ”Digital USD” Tether Releases EURTs

Tether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics […]