Archive | September 10, 2018

Ripple Price Analysis: XRP/USD Remains Sell on Rallies Near $0.2800

Key Highlights Ripple price declined further recently and broke the $0.2650 support against the US dollar. Yesterday’s highlighted major bearish trend line is active with resistance at $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct a few points, but it is likely to face sellers near… […]

Stellar Acquires Chain to Create Interstellar, Another Major Initiative For XLM

Blockchain startup, Chain, announced Monday that they had been purchased in cash by a subsidiary of the Stellar Development Foundation, resulting in the formation of a new entity, called Interstellar. The announcement came months after rumors had first surfaced regarding the partnership. According to Chain’s Crunchbase page, the San Francisco-based blockchain startup has raised over… […]

Ethereum Price Analysis: ETH/USD Sets Eyes On $210-215

Key Highlights ETH price is slowly recovering and is likely forming a support near $185 against the US Dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $193 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to slowly move higher towards the $208 and $210 resistance… […]

Bitcoin (BTC) Price Watch: Tight Battle Between Bulls and Bears

Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators are suggesting that a downside move is more likely to happen than an upside break. Bitcoin is consolidating… […]

Bitcoin Cash Price Analysis: BCH/USD Could Recover To $500

Key Points Bitcoin cash price is holding the $460 support very well against the US Dollar. Yesterday’s highlighted key bearish trend line is still active with resistance near $475 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could move higher in the short term towards the $495 and $500… […]

India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case – Cointelegraph

Cointelegraph India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion CaseCointelegraphNalin Kotadiya, a Bharatiya Janata Party (BJP) official and former Member of the Legislative Assembly (MLA), has been remanded in custody for ten days in connection with a $1.3 million Bitcoin (BTC) extortion case, the Times of India reported September 10.BitConnect Scam: India’s […]