Archive | July, 2018

Bitcoin price news LIVE: BTC takes heavy hit – bearish trend takes over – price news LIVE: BTC takes heavy hit – bearish trend takes morning and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Cryptocurrency charts show a sharp drop this morning after bitcoin traders took part in an overnight flurry of …Cryptos are sinking as Bitcoin’s latest […]

Ripple Price Analysis: XRP/USD Testing Significant Support

Key Highlights Ripple price extended slides and traded below the $0.4300 support level against the US dollar. There is a new connecting bearish trend line formed with resistance near $0.4325 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently trading near a major support area at $0.4250, which… […]

2020 US Presidential Candidate Andrew Yang Accepts Crypto Donations

In the 2020 United States Presidential elections, Democratic Party’s Andrew Yang has announced he will be accepting cryptocurrencies for his campaign fund. This move comes with a plethora of humanist policies that echo the decentralized sentiments found at the core of blockchain technology. Crypto donations On 24 July, Yang declared in a Tweet that his […]

Interview With eToro CEO: Some Institutions Already Broke Into Crypto Market

Yoni Assia, the CEO of eToro, a major multi asset brokerage firm with more than eight million active users, has said in an exclusive interview with NewsBTC that some institutions have already broken into the crypto market. Institutional Investors are Already Present in Crypto Market Throughout the past few months, prominent investors and analysts including… […]

Ethereum Price Analysis: ETH/USD Tumbles Below $430

Key Highlights ETH price extended declines and broke the $440 and $426 support levels against the US Dollar. There are two key bearish trend lines formed with resistance at $429 and $442 on the hourly chart of ETH/USD (data feed via Kraken). The pair is in a major downtrend and it remains at a risk… […]

Sustainable Sugar Blockchain Project Receives $1.7M from Australian Government

The Australian government has funded the Sustainable Sugar Project with the equivalent of USD 1.7 million to track the origin of sugar imported into the country. The project has been curated by the Queensland Cane Growers Organization using blockchain technology to track the source, and movements of sugar being sold in Australia. It is part of a […]

Bitcoin Price Analysis: Bears Take the Bull by the Horns – Bitcoinist

BitcoinistBitcoin Price Analysis: Bears Take the Bull by the HornsBitcoinistBitcoin’s bullish reversal appears to be in peril as bears unexpectedly rocked up and grabbed the bull by the horns. Is today’s pullback caused by current events or are fundamentals impacting Bitcoin price?

Bitcoin (BTC) Price Watch: Sharp Selloff on South Korea Update

Bitcoin Price Key Highlights Bitcoin price broke below its short-term triangle consolidation and rising channel to pave the way for a larger pullback. The Fibonacci retracement tool shows the potential support levels where buyers could be waiting. Price might also be forming a larger ascending channel on its 4-hour time frame as indicators still support… […]

Bitcoin Cash Price Analysis: BCH/USD Extending Losses Below $750

Key Points Bitcoin cash price tumbled sharply and broke the $800 support area against the US Dollar. There are two bearish trend lines formed with resistance at $770 and $810 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to extend the current decline below the $740 support… […]

Wells Fargo Poll Reveals US Investors Retain Bitcoin Skepticism

Multinational financial services company Wells Fargo has conducted a poll of investors in the United States, revealing a skeptical 72% majority who “have no interest in ever buying Bitcoin” and 75% who find Bitcoin to be “very risky”. The stats The poll, which was conducted over a week in May 2018, consisted of 1,921 adults […]

Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support – CoinDesk

CoinDeskBitcoin Drifts Down as Price Breaks Below Key $7.8K SupportCoinDeskBitcoin bears may be in the midst of taking an upper-hand. At press time, BTC is changing hands at $7,536 on Bitfinex, down 6.9 percent on the day, a figure that also finds the price breaking a key support level at $7,800. The world’s largest …