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Bitcoin (BTC) Price Poised For Continued Weakness
08/27/2019 07:00

Bitcoin price struggled to gain above $10,500 and declined below $10,300 against the US Dollar. The price is currently trading in a bearish zone below the $10,350 and $10,500 resistances. There is a rising channel or a bearish flag forming with support near $10,040 on the hourly chart of the BTC/USD pair (data feed from...

The post Bitcoin (BTC) Price Poised For Continued Weakness appeared first on NewsBTC.

Crypto Market & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis
08/27/2019 06:00

The total crypto market cap is following a bearish path below the $265.0B and $270.0B resistances. Bitcoin price failed to break the $10,500 resistance and is currently under a lot pressure. Litecoin (LTC) price is trading with a bearish bias below the $75.00 support area. BCH price is at a risk of a downside break...

The post Crypto Market & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis appeared first on NewsBTC.

Ripple Price (XRP) At Risk Of Downside Break, Eyes $0.2500
08/27/2019 05:08

Ripple price is struggling to climb higher above the $0.2750 and $0.2800 resistances against the US dollar. Bitcoin price failed to climb above the key $10,500 resistance level and declined recently. A major bullish trend line with support near $0.2670 is at risk on the hourly chart of the XRP/USD pair (data source from Kraken)....

The post Ripple Price (XRP) At Risk Of Downside Break, Eyes $0.2500 appeared first on NewsBTC.

Ethereum Price (ETH) Targets Fresh Weekly Low, Bitcoin Down 2%
08/27/2019 04:08

ETH price failed to climb above the $195 resistance and declined recently against the US Dollar. The price is now trading below the $190 level and it seems like there could be more downsides. There is a short term breakout pattern forming with support near $186 on the hourly chart of ETH/USD (data feed via...

The post Ethereum Price (ETH) Targets Fresh Weekly Low, Bitcoin Down 2% appeared first on NewsBTC.

Bitcoin Incurs Short-Lived Rally as Choppy Trading Conditions Persist
08/27/2019 00:00

After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin's bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of...

The post Bitcoin Incurs Short-Lived Rally as Choppy Trading Conditions Persist appeared first on NewsBTC.

DIY Bitcoin ATM Money Launderer Pleads Guilty
08/26/2019 23:00

A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017. Court documents claim that Kalra also exchanged Bitcoin for cash with a range of...

The post DIY Bitcoin ATM Money Launderer Pleads Guilty appeared first on NewsBTC.

Binance Crypto Lending Program Sparks Controversy
08/26/2019 22:00

Popular cryptocurrency exchange Binance has released a crypto lending platform that allows users to earn a significant amount of guaranteed interest on their crypto holdings without having to expose themselves to any risk. Despite its promising nature, some investors are skeptical about Binance's latest program, and are warning investors to use caution when engaging in...

The post Binance Crypto Lending Program Sparks Controversy appeared first on NewsBTC.

Venezuelan Crypto Regulator Urges Public to Use Petro For Remittances
08/26/2019 21:00

The superintendente of "Nacional de Criptoactivos (SUNACRIP) in Venezuela, Joselit Ramírez, has appeared on national radio to encourage people to use the Venezuelan state-backed crypto asset, the petro. Ramírez reminded listeners that the "Sistema Patria" was now online for simple, secure remittance payments. Last year, the government of Venezuela became the first on the planet...

The post Venezuelan Crypto Regulator Urges Public to Use Petro For Remittances appeared first on NewsBTC.

Crypto Analyst: Last Leg Down for Bitcoin Correction Coming This Week
08/26/2019 20:03

Bitcoin price has been consolidating for what feels like ages now. After Bitcoin's parabolic run-up, the leading crypto asset by market cap was rejected at $13,800 – just before it could break through the final bear market resistance. And while Bitcoin is most definitely laying the foundation for its next big bull run, one crypto...

The post Crypto Analyst: Last Leg Down for Bitcoin Correction Coming This Week appeared first on NewsBTC.

Bitcoin Price Closes Two Consecutive Weekly Red Candles, First Time Since Bottom
08/26/2019 19:00

Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200. But despite the valiant effort from bulls, bears were...

The post Bitcoin Price Closes Two Consecutive Weekly Red Candles, First Time Since Bottom appeared first on NewsBTC.

 
 


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