Archive | August 16, 2018

Prominent Analyst: Bitcoin and Crypto Aren’t Heading Upwards, Big Drop Before Big Rally – newsBTC

newsBTCProminent Analyst: Bitcoin and Crypto Aren’t Heading Upwards, Big Drop Before Big RallynewsBTCAlthough the crypto market saw a resurgence on Wednesday, with assets like Bitcoin posting 5 percent gains, the market remains in “purgatory,” where analysts aren’t too sure where prices will move next.US Investors Can Now Buy a Bitcoin Exchange-Traded NoteBitcoin MagazineUS Investors Can […]

Prominent Analyst: Bitcoin and Crypto Aren’t Heading Upwards, Big Drop Before Big Rally

Although the crypto market saw a resurgence on Wednesday, with assets like Bitcoin posting 5 percent gains, the market remains in “purgatory,” where analysts aren’t too sure where prices will move next. The Tracker One ETN May Be Good News, But Bitcoin Isn’t Heading Upwards As reported by NewsBTC on Thursday, a Swedish Bitcoin exchange-traded note… […]

Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada

Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into […]

Ripple Price Analysis: XRP/USD Recovery Above $0.30 On the Cards

Key Highlights Ripple price is moving higher and it has settled above the $0.2800 and $0.2900 resistances against the US dollar. Yesterday’s highlighted key bearish trend line is almost breached near $0.3020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to gain momentum above the $0.3020 and… […]

Ethereum Price Analysis: ETH/USD Poised for More Upsides

Key Highlights ETH price is gaining momentum and it could break the $304 resistance for more upsides against the US Dollar. There was a break above a key bearish trend line with resistance at $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline a few points towards $290 and… […]

Bitcoin Stickers Attract Unwanted Attention from Authorities

Bitcoin, while becoming more widely known and a little better understood among the general public, is still considered suspicious among rank and file security folk such as customs and airport agents. Security expert Matt Mitchell warns enthusiasts might want to cover up when it comes to stickers and other social advertisements announcing their crypto love. […]

Bitcoin (BTC) Price Watch: Could This Be a Reversal Pattern?

Bitcoin Price Key Highlights Bitcoin price appears to be forming an inverse head and shoulders pattern on its 1-hour time frame. This is considered a classic reversal signal and if confirmed, price could pull up from its earlier drop. Technical indicators are also reflecting the presence of bullish momentum. Bitcoin price might be forming an… […]

ExCraft Launches First DAO, User-Governed Cryptocurrency Exchange

Hong Kong, 17 August 2018 — ExCraft (www.excraft.com), a cloud-native cryptocurrency exchange based in Hong Kong that implements a DAO governance ran by the users and pools, was launched today. ExCraft stands out by being a community and pool focused exchange, rewarding traders through a combination of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) mechanisms, […]

Bitcoin Cash Price Analysis: BCH/USD Primed to Break above $540

Key Points Bitcoin cash price is slowly moving higher and is currently trading above the $500 support against the US Dollar. There is key bullish trend line formed with support at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to move higher and it could break… […]