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Bitcoin (BTC) Price Hesitates But Fresh Rebound Seems Likely
10/15/2019 07:00

Bitcoin price is currently trading in a range below the $8,400 resistance area against the US Dollar. The price remains well supported on the downside near $8,200 and $8,150. There is a new breakout pattern forming with resistance near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is...

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US Treasury Secretary on Libra Exodus: Crypto Partners Not Up To Par
10/15/2019 07:00

The golfing analogy was not lost as Facebook gets buried deeper in the digital rough while its crypto project partners run for the hills. In an interview with CNBC yesterday, US treasury secretary Steven Mnuchin said they may have feared heavy regulatory pressure. Threats For Crypto Consortium Speaking on CNBC's 'Squawk Box', Mnuchin stated that...

The post US Treasury Secretary on Libra Exodus: Crypto Partners Not Up To Par appeared first on NewsBTC.

Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis
10/15/2019 06:00

The total crypto market cap is showing positive signs above the $210.0B support area. Bitcoin price needs to surpass the $8,400 resistance area to continue higher in the near term. Litecoin (LTC) price is still struggling to climb above the key $60.00 resistance area. Bitcoin cash price is slowly rising towards the $235 resistance area....

The post Crypto Market And Bitcoin Could Rise Steadily: BCH, Litecoin, EOS, XLM Analysis appeared first on NewsBTC.

Altcoins Energized as XRP, XLM and ZRX Leave Bitcoin Behind
10/15/2019 05:30

Another day of inactivity and consolidation for Bitcoin has kept the king of crypto just above support. Its lethargy has resulted in another dip in market share as a few of the altcoins start to make bigger moves. Ripple's XRP, Stellar Lumens and 0x are among them. Bitcoin Dominance Dip Good For XRP A couple...

The post Altcoins Energized as XRP, XLM and ZRX Leave Bitcoin Behind appeared first on NewsBTC.

Ripple (XRP) Price Gaining Momentum While BTC Is Consolidating
10/15/2019 05:08

Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar. The price is moving towards $0.3000 and it could rally sharply above $0.3020. There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could dip...

The post Ripple (XRP) Price Gaining Momentum While BTC Is Consolidating appeared first on NewsBTC.

Ethereum (ETH) Breaks Range Resistance But Bitcoin Still Struggling
10/15/2019 04:08

Ethereum price climbed above the key $185 resistance area against the US Dollar. Bitcoin price is still struggling to recover and is facing a strong resistance near $8,400. There was a break above a major bearish trend line with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is...

The post Ethereum (ETH) Breaks Range Resistance But Bitcoin Still Struggling appeared first on NewsBTC.

Wyckoff Logic Suggests Bitcoin Markdown Has Only Just Begun
10/15/2019 00:00

At the end of September 2019, Bitcoin broke down from a triangle pattern that it had been trading in throughout the summer months, putting an end to a rally that first began in the Spring. The entire cycle from Bitcoin's bear market bottom all the way to the recent top, appear to follow Wyckoff's distribution...

The post Wyckoff Logic Suggests Bitcoin Markdown Has Only Just Begun appeared first on NewsBTC.

Renowned Bitcoin Artist Encourages Venezuelan Artists Spread the BTC Word
10/14/2019 23:00

Perhaps the most well known Bitcoin artist is on a mission to spread the Bitcoin word in Venezuela. Pascal Boyart has been working with the website SatoshiEnVenezula to help artists local to the South American nation monetise their work using the crypto asset. Boyart is famous for his Bitcoin-inspired murals in his native France. His...

The post Renowned Bitcoin Artist Encourages Venezuelan Artists Spread the BTC Word appeared first on NewsBTC.

Is Bitcoin Becoming A Leading Indicator For Gold?
10/14/2019 22:00

Throughout 2019, Bitcoin and gold became highly correlated, rising and falling in value at or around the same time, and further fueling the Bitcoin as a safe haven narrative. Even now, the two assets are showing similarities in their price charts that suggests they are still correlated in some way, and gold could soon be...

The post Is Bitcoin Becoming A Leading Indicator For Gold? appeared first on NewsBTC.

Another Big Name Pulls Out of Libra, Will Facebook's "Crypto" Even Launch?
10/14/2019 21:00

Following the news that PayPal, MasterCard, Visa, eBay, and Stripe pulled out of Facebook's foray into the crypto asset space, Booking Holdings Inc. has also withdrawn from the Libra project. The company operates both the Kayak.com and Priceline.com travel websites. Libra has faced intense regulatory scrutiny since it was first detailed this summer. Such pressures...

The post Another Big Name Pulls Out of Libra, Will Facebook's "Crypto" Even Launch? appeared first on NewsBTC.

 
 


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