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Binance Burns More Crypto Tokens as Quarterly Profits Surge
10/17/2019 08:45

There has been little to get excited about this week on crypto markets. The bears have ramped up the pressure and the selloff has continued resulting in $14 billion leaving the space since late last week. Leading exchange Binance is soldiering on regardless and has just completed another coin burn. Binance Burns 2 Million BNB...

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Pressure on Libra From U.S. Intensifies as Congressman Suggests Bitcoin Instead
10/17/2019 07:00

The majority of US politicians are anti-crypto and Bitcoin. Either through fear, or lack of knowledge, they view digital currencies as a threat to their own system which is highly controlled and often manipulated. One congressman however thinks Facebook should dump Libra in favor of Bitcoin. Libra is Still a "Shitcoin?" Ohio state congressman Warren...

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Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?
10/17/2019 07:00

Bitcoin price is back in a downtrend with a close below the $8,000 support against the US Dollar. The price is trading below the $8,000 support and remains at a risk of more losses below $7,800. Yesterday's highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC/USD pair...

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Delta Exchange is Stealing a March on BitMex with Altcoin Perpetuals
10/17/2019 06:11

From the invention of Bitcoin to the launch of the first crypto exchange to the rise of crypto derivatives, the crypto world has continued to churn out innovative products. And, the best part is that these innovations have the potential to make a significant positive impact on our world. This phenomenon is exemplified by Binance....

The post Delta Exchange is Stealing a March on BitMex with Altcoin Perpetuals appeared first on NewsBTC.

Bitcoin And Crypto Market Cap Down Sharply: LTC, BNB, BCH, TRX Analysis
10/17/2019 06:00

The total crypto market cap is declining and it could soon test the $200.0B support area. Bitcoin price is down 3% and it broke the main $8,000 support area. Binance coin (BNB) price broke the key $18.00 support and it might revisit $17.20. Litecoin (LTC) price is down around 5% and it is approaching the...

The post Bitcoin And Crypto Market Cap Down Sharply: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC.

Ripple (XRP) Price Breaks Key Support, More Downsides Possible
10/17/2019 05:08

Ripple price failed to hold the key $0.2850 support and extended its decline against the US dollar. The price is currently correcting higher, but it is likely to face sellers near $0.2850 and $0.2880. This week's followed key bullish trend line was breached with support near $0.2855 is intact on the hourly chart of the...

The post Ripple (XRP) Price Breaks Key Support, More Downsides Possible appeared first on NewsBTC.

Ethereum (ETH) Dives To $170, Is $160 Next Bear Target?
10/17/2019 04:08

Ethereum price extended its decline and broke the $175 support area against the US Dollar. Bitcoin price is also down more than 3% and it broke the $8,000 support area. Yesterday's highlighted key bearish trend line is intact with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains...

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Ethereum Caught in Descending Triangle as Analysts Eye Further Losses
10/17/2019 00:00

Ethereum (ETH) has been facing a significant influx of selling pressure over the past 24-hours, which has partially been driven by the selloff that Bitcoin experienced earlier today that sent the embattled cryptocurrency reeling below $8,000. Analysts are now noting that ETH is caught in a wide descending triangle that could send the cryptocurrency plummeting...

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Libra Association Exec: Bitcoin is Digital Gold, Very Different to Libra
10/16/2019 23:00

David Marcus has stated that he is a fan of the original crypto asset. The newly-appointed member of the Libra board of executives added that differences between the currency, originally detailed by Facebook in June, and Bitcoin mean that the two are not in competition. Marcus, like many others, used the term "digital gold" to...

The post Libra Association Exec: Bitcoin is Digital Gold, Very Different to Libra appeared first on NewsBTC.

Bitcoin Breaks Below Key Support; Movement to $7,000 May Be Inbound
10/16/2019 22:00

Bitcoin (BTC) and the aggregated crypto markets have incurred some bearish momentum over the past several hours, as sellers have pushed the cryptocurrency's price below a key support level, which could mean significantly further losses are imminent. It is important to note that BTC did wick as low as $7,900 overnight before bulls stepped up...

The post Bitcoin Breaks Below Key Support; Movement to $7,000 May Be Inbound appeared first on NewsBTC.

 
 


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