Archive | August 12, 2018

Ripple Price Analysis: XRP/USD Could Decline To $0.2600

Key Highlights Ripple price extended losses and traded below the $0.3000 support level against the US dollar. There is a key bearish trend line forming with resistance near the $0.3040 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.2900… […]

Bitcoin News Radio Show, 12th August 2018

Listen to the 12 August 2018 Bitcoin News Radio Show below. On this edition of the Bitcoin News radio show, we cover the daily market analysis, before looking at if nations like Iran and Venezuela should use Bitcoin instead of creating state-backed cryptocurrencies. Hear about a Wi-Fi router from Bitmain that mines cryptocurrency. Learn about a […]

Ethereum Price Analysis: ETH/USD Remains at Risk of More Declines

Key Highlights ETH price recovered a few points after trading as low as $304.26 against the US Dollar. There is a major bearish trend line in place with resistance at $320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is struggling to move above the $320 and $328 resistance levels, and… […] Comes To Mobile With Trust Wallet, imToken

Having launched officially just two months ago on 6 June 2018, Ethereum-based decentralized exchange has been expanding quickly. In an impressively short period of time, it’s managed to get listed on CoinMarketCap and add support for over 30 trading pairs. The team has also paid close attention to strategic partnerships, working closely with communities […]

Bitcoin Investors Eye Turkey As Lira Plummets 20% – Forbes

Bitcoin Investors Eye Turkey As Lira Plummets 20%ForbesUnlike Iran, where a ban on bitcoin and cryptocurrency trading means those wanting to buy bitcoin must turn to peer-to-peer exchanges like LocalBitcoins, banks in Turkey often still work with local…

Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $550

Key Points ·         Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar. ·         There is a key connecting bearish trend line formed with resistance at $580 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair might continue to struggle to break the… […]

Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues

Bitcoin Price Key Highlights Bitcoin price is trending below a short-term descending trend line as it hovers at the long-term floor. Traders are likely waiting for the next catalysts to decide which direction the breakout could take. Technical indicators appear to be suggesting a slowdown in bullish momentum soon. Bitcoin price is still trending lower… […]