Archive | July 12, 2018

Abra CEO is the Latest Crypto Expert to Make A Bitcoin Prediction, This Time At $50,000

The CEO of the Abra cryptocurrency services app recently stated that the market could see Bitcoin test $50,000 over the “long-term.” Abra CEO: “Long-Term I See Bitcoin At Over $50,000” Inverse, an American technology news source, recently reported that the Bill Barhydt, the CEO of Abra, is yet another expert to make a Bitcoin price… […]

GPU Prices in Tailspin After Drastic Demand Decrease from Crypto Miners

Prices of graphics processing units (GPUs) have drastically dropped, under pressure from declining cryptocurrency prices which have led to lower demand from cryptocurrency miners. Bitcoin has dropped from a peak of USD 20,000 in December 2017 to around USD 6,000 in June and July, a 70% decline. Almost all other cryptocurrencies have had similar or worse […]

Ripple Price Analysis: XRP/USD Recovers Sharply

Key Highlights Ripple price traded to a new weekly low below $0.4250 before recovering against the US dollar. There is a new major bearish trend line in place with resistance near $0.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is recovering nicely, but it has to break the… […]

PR: Leading Payments Solution Provider UTRUST Announces Implementation with Global Blockchain DigiByte

Bitcoin Press Release: Leading payments solution platform UTRUST has announced a technology integration with the most secure, most decentralized, scalable and fastest Blockchain: DigiByte. July 8th, 2018, Zug –  The integration between UTRUST and DigiByte offers users a secure payments solution through which they can safely use multiple cryptocurrencies.This will help build a cryptocurrency payment […] Drops New Cryptocurrency Enabled Visa Card at TechCrunch

Hong Kong based Monaco has rebranded to since it purchased the domain name for several million dollars and has announced its new cryptocurrency enabled MCO Visa card at TechCrunch. MCO Visa Enables Purchases with Crypto Kris Marszalek, CEO and co-founder of blockchain-based startup is at the TechCrunch conference in Zug, Switzerland discussed his… […]

Ethereum Price Analysis: Can ETH/USD Make It?

Key Highlights ETH price declined further and traded as low as $417.37 against the US Dollar. This week’s highlighted key bearish trend line is still active with resistance at $438 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the trend line and $440 resistance to recover further… […]

PR: ImmVRse Showcases at the London Blockchain Summit

Bitcoin Press Release: ImmVRse was an instant hit at the 2018 Blockchain Summit held in Olympia London on the 26th and 27th June. As one of the sponsors and exhibitioners, crowds flocked to meet and greet the team, as well as to enjoy a chance to experience a dose of Virtual Reality. July 5th, 2018, […]

Bitcoin (BTC) Price Watch: Next Potential Support Zone

Bitcoin Price Key Highlights Bitcoin price has broken below that near-term area of interest and is setting its sights on the next support zone. Price could fall to the very bottom of its range visible on longer-term charts, where buyers may be waiting. Technical indicators reflect weakening bullish momentum and a return in selling pressure…. […]

Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Key Points Bitcoin cash price declined further, but it found support near the $660 level against the US Dollar. This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must break the trend line, $720,… […]

Bitcoin Price Defends $6K As Upside Potential Builds – Coindesk

CoindeskBitcoin Price Defends $6K As Upside Potential BuildsCoindeskBitcoin (BTC) may be up slightly at the start of Friday’s session, but it remains to be seen if it can build traction above $6,000. The world’s largest cryptocurrency by market capitalization is now down 37 percent from its May 5th high at $9,996 …