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Bitcoin Price (BTC/USD) Signaling Bullish Acceleration Above $10,500
08/02/2019 07:00

Bitcoin price traded higher and broke the key $10,200 resistance area against the US Dollar. The price is placed nicely above the $10,200 level and it recently tested the $10,500 area. There is a major bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin Price (BTC/USD) Signaling Bullish Acceleration Above $10,500 appeared first on NewsBTC.

Bitcoin & Crypto Market Cap Trending Higher: Litecoin, BNB, BCH, TRX Analysis
08/02/2019 06:00

The total crypto market cap is gaining momentum above the $260.0B and $265.0B resistances. Bitcoin price is showing positive signs and it recently broke the key $10,200 resistance area. Binance coin (BNB) price is rising steadily and it recently broke the $28.00 resistance area. Litecoin (LTC) price tested the $100.00 resistance once again, but failed...

The post Bitcoin & Crypto Market Cap Trending Higher: Litecoin, BNB, BCH, TRX Analysis appeared first on NewsBTC.

Ripple Price (XRP) Won't Go Quietly: Risk of Bounce Grows
08/02/2019 05:08

Ripple price is holding the $0.3140 support area, but struggling to gain traction against the US dollar. The price is facing a strong resistance near the $0.3200 and $0.3220 levels. There is a key bullish trend line forming with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The...

The post Ripple Price (XRP) Won't Go Quietly: Risk of Bounce Grows appeared first on NewsBTC.

Ethereum Price (ETH) Primed For More Gains As Bitcoin Breaks Key Hurdle
08/02/2019 04:08

ETH price found support near the $210 level and recently climbed higher against the US Dollar. The price broke the $215 resistance and it seems like there could be more gains in the near term. There is a connecting bullish trend line forming with support near $214 on the hourly chart of ETH/USD (data feed...

The post Ethereum Price (ETH) Primed For More Gains As Bitcoin Breaks Key Hurdle appeared first on NewsBTC.

Litecoin Halving Hype Can't Break Downtrend, But Breakout Would Be a Buy Signal
08/02/2019 02:00

Litecoin's halving is just three days away – an event hard-coded into the Litecoin protocol, aimed at reducing the block reward miners receive, which therefore reduces the supply of LTC and can have the effect of throwing off the delicate balance with demand. This typically results in a pre-halving "pump" which did appear to be...

The post Litecoin Halving Hype Can't Break Downtrend, But Breakout Would Be a Buy Signal appeared first on NewsBTC.

Bitcoin Holds Key Trend Line as Real Volume Climbs Over 120% Since 2018
08/02/2019 01:00

Bitcoin's bulls and bears have been locked in a fierce battle over the past few days, with buyers attempting to push BTC firmly into the five-figure price region, while sellers have been attempting to push the cryptocurrency below the key psychological price region of $10,000. This price action has made it significantly unclear as to...

The post Bitcoin Holds Key Trend Line as Real Volume Climbs Over 120% Since 2018 appeared first on NewsBTC.

California City Confirms It Was Hit by Bitcoin Ransomware Attack
08/02/2019 00:00

According to its city manager, Steve Schwabauer, Lodi City, California, was hit by a ransomware attack earlier this year. Those behind it demanded a Bitcoin ransom of 75 BTC be paid for computer systems to be returned to normal. Schwabauer confirmed that city staff received an email resembling an invoice. Contained within were files to...

The post California City Confirms It Was Hit by Bitcoin Ransomware Attack appeared first on NewsBTC.

Billionaire: Bitcoin Unlikely to Drop to $5k, But Drop to $8.5k Would Spark Nervousness
08/01/2019 23:00

Bitcoin (BTC) and the aggregated crypto markets have been facing a bout of significantly choppy trading as of late, which has left many analysts and traders alike scratching their heads as to where the markets could go next. Although there has been a significant amount of talk surrounding BTC dropping to the upper-$8,000 region, one...

The post Billionaire: Bitcoin Unlikely to Drop to $5k, But Drop to $8.5k Would Spark Nervousness appeared first on NewsBTC.

New Bitcoin Indicator Based on Mining Activity Emerges, Where is BTC Heading?
08/01/2019 22:00

Popular on-chain metrics analyst Willy Woo claims to have developed a Bitcoin price indicator that shows good opportunities to invest in the digital asset. He calls his discovery the "Bitcoin Difficulty Ribbon". The indicator looks at how mining impacts Bitcoin's price. The analyst believes that miner capitulation in the wake of increasing difficulty reduces selling pressure...

The post New Bitcoin Indicator Based on Mining Activity Emerges, Where is BTC Heading? appeared first on NewsBTC.

Bitcoin Price Forming Descending Triangle, Market Showing Consumption of Demand
08/01/2019 21:00

As Bitcoin price struggles to maintain strength above $10,000 but is unable to push below $9,200, the crypto asset's price chart has formed what appears to be a descending triangle – a bearish continuation pattern, that does have potential to break to the upside. The formation shows many similarities to a descending triangle that formed during...

The post Bitcoin Price Forming Descending Triangle, Market Showing Consumption of Demand appeared first on NewsBTC.

 
 


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