Archive | January 8, 2018

CLOSE ABOVE $1.62 IS SUPPORTIVE OF NEM

Are these bear flashes important for NEM buyers? Maybe, maybe not. In fact the deeper, the better and for most coins, we now need simple confirmations before we initiate longs. A point in case is LTC, DASH and Monero. These are BTC alternatives which have been on the receiving end for pretty much the better […]

Indian banks are choking bitcoin exchanges by blocking payments and withdrawals – Quartz

QuartzIndian banks are choking bitcoin exchanges by blocking payments and withdrawalsQuartzThe splash of 2017 may turn into a fight for survival for bitcoin this year in India. As the country’s cryptocurrency exchanges deal with the manic rush, banks have become a stumbling block. Possibly taking cue from the uneasiness shared by the Reserve …Litigation Filed […]

ATB Coin Offers the Government of Venezuela to Use Coins as a Payment Method

Venezuela plans to integrate cryptocurrency as a state payment method, said Venezuelan President Nicolas Maduro. The state considered the option of creating their own cryptocurrency “El Petro”, but the ATB Coin creators suggested that the authorities consider the option of introducing the ATB Coin cryptocurrency as a coin used at the state level. “This option […]

Bitcoin Cash Price Technical Analysis – BCH/USD Upside Hurdles

Key Points Bitcoin cash price traded further lower and tested the $2300 support area against the US Dollar. There is a new connecting bearish trend line forming with resistance at $2450 on the hourly chart of BCH/USD (data feed from Kraken). The pair needs to break the $2450 resistance and the 100 hourly simple moving […]

Bitcoin Price Technical Analysis for 01/09/2018 – Break and Retest

Bitcoin Price Key Highlights Bitcoin price recently broke below a short-term ascending trend line, indicating that a selloff is underway. Price popped up from the $14,000 support zone to make a retest of the broken trend line support. Applying the Fib tool on the breakout move shows the nearby resistance levels on this pullback. Bitcoin […]

Bitcoin drops below $15000 as regulation, demand concerns linger – Economic Times

Economic TimesBitcoin drops below $15000 as regulation, demand concerns lingerEconomic TimesBy Camila Russo Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the world’s largest cryptocurrency. Regulators in China and South Korea are increasing …