Archive | August 9, 2018

Ripple Price Analysis: XRP/USD Rebounding Positively Above $0.32

Key Highlights Ripple price formed a decent support near $0.3200-0.3210 and recovered a few points against the US dollar. There is a short term declining channel forming with resistance near the $0.3450 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could move a few points higher towards the… […]

Will Decentralized Crypto Exchange of Binance Change the Landscape of Digital Asset Trading?

One of the giants of the cryptocurrency exchange game has given users a sneak peak at their latest offering. Binance CEO, Changpeng, Zhao presented a very rough version of the platform’s new decentralised exchange earlier today. Binance DEX is Ahead of Schedule in Terms of Development In a video posted to Twitter today, Changpeng Zhao, or… […]

PR: GEMERA, the Colombian Emerald-Backed Crypto-Token, Announces Pre-Sale to Commence September 10th

Bitcoin Press Release: GEMERA, The long-awaited crypto-token backed 100% by Colombian emeralds, has announced that its pre-sale will go live on September 10th, with a 20% bonus for early participants. August 2nd, 2018 – GEMERA is the only crypto-token backed by Colombian emeralds, whose purpose is to create a blockchain based platform to connect emerald […]

Ethereum Price Analysis: ETH/USD Consolidating Below $370

Key Highlights ETH price started a minor upside correction and traded above the $362 level against the US Dollar. There is a key contracting triangle forming with support near $356 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to stay above the $356 and $352 support levels to move past… […]

PR: XAYA: The Evolution of Gaming

Bitcoin Press Release: At over US$100 billion, the global video game industry is constantly developing to further expand the possibilities and experiences for consumers worldwide. One exciting development, blockchain gaming, is poised to massively disrupt this industry on a global scale. Numerous critics and enthusiasts are suggesting that the fusion of blockchain technology and video […]

Bitcoin (BTC) Price Watch: Downtrend Continuation or Reversal?

Bitcoin Price Key Highlights Bitcoin price continues to trend lower as it hit a roadblock at the top of its descending channel. Price could be setting its sights back on the support from here and the Fib extension tool shows the next support zones. Technical indicators also signal that a continuation of the selloff is… […]

Ethereum Classic Price Analysis – On the on ramp

The ETH vs ETC debate began over a matter of principle regarding the immutability of the blockchain, as well as speculators and miners seeking an opportunity to profit from a forked chain. ETC has continued to survive and begun to thrive after the remo…

Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near $620

Key Points Bitcoin cash price attempted a recovery above the $600 level against the US Dollar. There is a short-term ascending channel formed with support at $590 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could move higher if it holds the $590 support and breaks the $620 resistance…. […]

Identifying Bitcoin Price Bottom May Not Be That Important – Bitcoinist

BitcoinistIdentifying Bitcoin Price Bottom May Not Be That ImportantBitcoinistBitcoin (BTC) $7119.76 +0.06% has had a rough 2018, losing upwards of 65 percent of its all-time high reached in January. The last few weeks haven’t been particularly fun either – the world’s first and foremost cryptocurrency lost around 12 percent in …and more »

Bulls Breath Sigh of Relief as Bitcoin Beats $6.5K Resistance – CoinDesk

CoinDesk Bulls Breath Sigh of Relief as Bitcoin Beats $6.5K ResistanceCoinDeskBitcoin’s price rose above $6,500 Thursday, offering some respite for the badly battered bulls. The world’s largest cryptocurrency by market capitalization had fallen to $6,138 Wednesday at 16:00 UTC – its lowest level in 26 days, according to Bitfinex …