Archive | August 7, 2018

Coinbase Commences Ethereum Classic Support, Ups Purchase Limits

Coinbase has long held a highly coveted spot as one of the most well-established cryptocurrency platforms in the world. Following a series of recent announcements, it has become apparent that the California-based firm intends to hold this position for years to come. Coinbase Pro Officially Launches Ethereum Classic Support  On Tuesday morning, Coinbase Pro took to… […]

Ripple Price Analysis: XRP/USD Nosedives, Could Test $0.3200

Key Highlights Ripple price tumbled sharply after there was a daily close below $0.4000 against the US dollar. There is a major bearish trend line in place with resistance at $0.3900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently under a lot of pressure and it could… […]

Bitcoin News Radio Show, 7th August 2018

Listen to the show at On today’s edition of the Bitcoin News radio show, we review recent Bitcoin market activity, followed by a story about how Bitcoin ATMs are proliferating globally which could lay the framework for widespread Bitcoin adoption. Hear about how Coinbase has upped their instant buy limits to USD 25,000 per day, and […]

Ethereum Price Analysis – Pushing lows

Without the semblance of a relief rally with price pushing yearly lows, technicals have quickly turned bearish again. Although price continues to show signs of being oversold, buying volume has yet to make a decisive impact on any upward momentum.

Ethereum Price Analysis: ETH/USD Plummets, Bearish Below $390

Key Highlights ETH price fell sharply and broke the $400, $390 and $380 support levels against the US Dollar. This week’s followed crucial bearish trend line prevented gains near $406 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting higher, but it is likely to face sellers near the… […]

Crypto Market Decline Continues Amidst SEC Decision to Extend Bitcoin ETF Ruling

The cryptocurrency markets shed approximately $20 billion following the US Securities and Exchange Commission’s decision to delay the highly anticipated CBoE BZX Exchange Bitcoin ETF until September 30th, 2018.  Immediately following the SEC’s announcement, the cryptocurrency markets went from a daily high of approximately $257 billion to a daily low of $236 billion. SEC’s Bitcoin… […]

Bitcoin Cash Price Analysis: BCH/USD Accelerating Losses Below $700

Key Points Bitcoin cash price declined sharply and broke the $700 and $670 support levels against the US Dollar. Yesterday’s highlighted important bearish trend line prevented gains near $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is under a lot of pressure and it could slide further towards… […]

EOS Price Watch: Eyes on These Next Support Zones

EOS Price Key Highlights EOS price looks prime for a break of a short-term support zone, paving the way for further declines. Price is also trending lower inside a descending channel visible on the 4-hour and daily time frames. Horizontal support levels are also nearby, and buyers might be waiting to defend those areas once… […]

Bitcoin (BTC) Price Watch: Aiming for Wedge Bottom?

Bitcoin Price Key Highlights Bitcoin price is on another day of declines, possibly setting its sights on longer-term support zones. Price has already closed below the 50 SMA to reflect a pickup in selling pressure. The next downside target might be the yearly lows or the bottom of the falling wedge on the daily chart…. […]

Crypto Markets Slump Following SEC Bitcoin ETF Delay – Cointelegraph

CointelegraphCrypto Markets Slump Following SEC Bitcoin ETF DelayCointelegraphSource: Cointelegraph Bitcoin Price Index · Ethereum (ETH) is suffering a slump, having lost around 6.64 percent in the last 24 hours. The second largest cryptocurrency is trading at $377 at press time, also hitting a new weekly low. Over the month …Bitcoin, Ethereum, Ripple Analysis: Prices Slump […]