Archive | August 1, 2018

Bitcoin Exchange Sponsoring Premier Soccer Club

English Premier League soccer club Wolverhampton Wanderers (Wolves) are playing their season with a first-of-its-kind left sleeve: cryptocurrency exchange Coin Deal’s logo. While plenty of other examples of the intersection between professional sports and cryptocurrency exist, the arrangement between the exchange and the Wolves is a fairly big step in bringing the crypto idea to a […]

Ripple Price Analysis: XRP/USD’s Buy Zone Near $0.4350

Key Highlights Ripple price held the $0.4270 support and recovered nicely against the US dollar. There is a short-term connecting bullish trend line in place with support at $0.4370 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently declining, but it remains nicely supported near the $0.4350 and… […]

Square Sees Profits from Bitcoin Sales Double in Q2 – CoinDesk

CoinDeskSquare Sees Profits from Bitcoin Sales Double in Q2CoinDeskMobile payment firm Square said it made $37 million in revenue from bitcoin sales in the second quarter of 2018. The company released an unaudited quarterly financial report on Wednesda…

Square Sees Bitcoin Sales Profits Double in Q2 – CoinDesk

CoinDeskSquare Sees Bitcoin Sales Profits Double in Q2CoinDeskMobile payment firm Square said it has made $37 million in revenue in the second quarter from its offering of bitcoin sales. The company released an unaudited quarterly financial report on W…

Ethereum Price Analysis: ETH/USD Recoveries Capped Near $428

Key Highlights ETH price declined further below $415.00 and traded as low as $407.95 against the US Dollar. There is a crucial bearish trend line in place with resistance near $428 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the $428 and $430 resistance levels to gain… […]

Bitcoin (BTC) Price Watch: Bulls Defending Correction Level

Bitcoin Price Key Highlights Bitcoin price is still in correction mode but appears to be finding support at the nearest Fib. A bounce from current levels could take it back up to the swing high and beyond. A move lower, on the other hand, could indicate that a deeper pullback from the uptrend is in… […]

Bitcoin Cash (BCH) Technical Analysis: BCH Solid despite Sellers

Week over week, Bitcoin Cash is down 11 percent and compounding this is the four percent loss from yesterday. Now even though this might be negative, BCH prices might find support. When they do, we shall wait for recovery above $850 in line with our overall Bitcoin Cash (BCH) trade plan. From the News After… […]