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Bitcoin Shoots Past $12,000, Continues to Rally as Dow Jones Sinks 08/06/2019 08:23 Bitcoin has continued to tear higher. As of the time of writing this, the flagship cryptocurrency is up 5% in the past 24 hours, finding itself trading for $12,500 a piece. Altcoins, interestingly, have not followed suit, perpetuating a trend of non-BTC crypto assets underperforming as Bitcoin sees a strong performance. As seen in the... The post Bitcoin Shoots Past $12,000, Continues to Rally as Dow Jones Sinks appeared first on NewsBTC. Bitcoin Price (BTC/USD) Could Hit $12.2K Amid Strong Technical Bias 08/06/2019 07:00 Bitcoin price extended gains above the $11,500 and $11,700 resistances against the US Dollar. The price is currently correcting lower after trading close to the $12,000 resistance. There is a connecting bullish trend line forming with support near $11,540 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in... The post Bitcoin Price (BTC/USD) Could Hit $12.2K Amid Strong Technical Bias appeared first on NewsBTC. Bitcoin & Crypto Market Cap In Uptrend: Litecoin, BNB, BCH, TRX Analysis 08/06/2019 06:00 The total crypto market cap extended its upside above the $300.0B resistance area. Bitcoin price rallied towards the $12,000 resistance and it is currently correcting lower. Binance coin (BNB) price seems to be consolidating above the $27.20 support area. Litecoin (LTC) price spiked above the $100.00 level, but it failed to stay above $100.00. BCH... The post Bitcoin & Crypto Market Cap In Uptrend: Litecoin, BNB, BCH, TRX Analysis appeared first on NewsBTC. Ripple Price (XRP) Struggling While Bitcoin Holding Key Uptrend Support 08/06/2019 05:08 Ripple price traded higher recently above the $0.3250 resistance level against the US dollar. The price topped near the $0.3320 resistance and recently declined heavily below $0.3200. There is a connecting bullish trend line forming with support near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could either... The post Ripple Price (XRP) Struggling While Bitcoin Holding Key Uptrend Support appeared first on NewsBTC. Ethereum Price (ETH) Correcting Gains: Dips Favored Near $224 08/06/2019 04:08 ETH price extended gains above the $230 resistance and climbed above $235 against the US Dollar. The price tested the $237 level and it is currently correcting gains. There are two bullish trend lines forming with support near $226 and $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find... The post Ethereum Price (ETH) Correcting Gains: Dips Favored Near $224 appeared first on NewsBTC. Litecoin Climbs Past $100 After Successful Halving; Will the Surge Continue? 08/06/2019 02:00 After months of hype and anticipation, Litecoin's halving event has finally been completed and has coincided closely with an LTC price pump that allowed the cryptocurrency to surge towards $100. Despite this, Litecoin is still down significantly from its year-to-date highs, and its lackluster price performance that has occurred around the time of the halving... The post Litecoin Climbs Past $100 After Successful Halving; Will the Surge Continue? appeared first on NewsBTC. Bitcoin Rally May Be Bolstered by Chinese Yuan Devaluation, Claims Analysts 08/06/2019 01:00 Over the past couple of days Bitcoin (BTC) has incurred a significant influx of buying pressure that has sent its price skyrocketing towards the upper-$11,000 region, which has proven to be a slight level of resistance for the cryptocurrency. Despite facing some resistance, the current rally may be significantly bolstered by China's possible devaluation of... The post Bitcoin Rally May Be Bolstered by Chinese Yuan Devaluation, Claims Analysts appeared first on NewsBTC. UK Information Commissioner Has Concerns About Facebook's "Cryptocurrency" Project 08/05/2019 23:00 The UK information commissioner has expressed concerns over Facebook's cryptocurrency-like project, Libra. Elizabeth Denham says that the San Francisco-based firm has not provided enough detail about how it will keep personal information safe. The British privacy regulators are the latest on an increasingly long list of agencies from around the world that have taken issue... The post UK Information Commissioner Has Concerns About Facebook's "Cryptocurrency" Project appeared first on NewsBTC. Bitcoin Price Previous Bear Trend Could Predict Potential Price Action Ahead 08/05/2019 21:00 Bitcoin is at an interesting price point in its decade or so on the market. The first-ever crypto-asset designed by Satoshi Nakamoto is no longer in a bear market, but not yet in a bull market, as it has yet to set a new all-time high or break past the remaining bear market resistance. That... The post Bitcoin Price Previous Bear Trend Could Predict Potential Price Action Ahead appeared first on NewsBTC. Bitcoin Store of Value Narrative Turning Toward Safe Haven Asset 08/05/2019 21:00 Bitcoin's narrative is ever-changing. It started out with more of a focus on its use as a payment currency, or "peer-to-peer electronic cash system," then the focus shifted to "store of value" once more investors began thinking long-term with cryptocurrency. The latest twist to the Bitcoin narrative has turned it toward a safe haven asset... The post Bitcoin Store of Value Narrative Turning Toward Safe Haven Asset appeared first on NewsBTC. Update your subscription — Unsubscribe

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