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Bitcoin Price (BTC) Remains Vulnerable Below $8,500
10/02/2019 07:00

Bitcoin price struggled to climb above $8,500 and declined recently against the US Dollar. The price is currently trading below $8,300 and it could continue to decline towards $8,100. There was a break below an ascending channel with support near $8,275 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price...

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Crypto Market Cap And Bitcoin Facing Resistance: BCH, BNB, EOS, TRX Analysis
10/02/2019 06:00

The total crypto market cap is facing a strong resistance near the $220.0B level. Bitcoin price is also trading below a crucial resistance area near the $8,500 level. EOS price failed to hold the $3.000 support and declined below $2.950. Binance Coin (BNB) is declining and it might test the $15.00 support area. BCH price...

The post Crypto Market Cap And Bitcoin Facing Resistance: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.

Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders: Data
10/02/2019 05:30

Bitcoin hasn't had the past ten days. Since the Sunday before last, the price of the cryptocurrency has shed some 15%, leaving many traders stumped as to what in the world took place to send digital assets plummeting. Cynics of the Bitcoin market have suggested that the rally to $14,000 and the subsequent dump was...

The post Precipitous 20% Bitcoin Price Plunge to $8,000 Caused by Traders: Data appeared first on NewsBTC.

Ripple Price (XRP) Trimming Gains, Can It Hold Key Supports?
10/02/2019 05:08

Ripple price failed to break the $0.2620 resistance and declined recently against the US dollar. The price is currently trading near the $0.2450 support and is struggling to bounce back. There is a short term bearish trend line forming with resistance near $0.2510 on the hourly chart of the XRP/USD pair (data source from Kraken)....

The post Ripple Price (XRP) Trimming Gains, Can It Hold Key Supports? appeared first on NewsBTC.

Ethereum (ETH) Price Likely Preparing For Corrective Move To $200
10/02/2019 04:08

ETH price started an upside correction and tested the $185 resistance against the US Dollar. The price is currently correcting lower, but it remains supported near $175 and $172. There is a new connecting bullish trend line forming with support near $171 on the hourly chart of ETH/USD (data feed via Kraken). The price remains...

The post Ethereum (ETH) Price Likely Preparing For Corrective Move To $200 appeared first on NewsBTC.

Bakkt Launch Could be Force Behind Recent Bitcoin Drop, Claims Research Group
10/02/2019 00:00

Prior to its launch, Bakkt's physically settled Bitcoin futures product was seen by many cryptocurrency investors as a potential major catalyst for next major BTC bull run, but its lackluster launch has come about concurrently with a bout of capitulation within the aggregated crypto markets. One prominent research group is now noting that Bakkt may...

The post Bakkt Launch Could be Force Behind Recent Bitcoin Drop, Claims Research Group appeared first on NewsBTC.

Former Crypto Exec Arrested in Germany, Could Serve Up to 50 Years
10/01/2019 23:00

One of the founders of the crypto asset mining marketplace NiceHash has been arrested in Germany. Along with three other individuals, Matjaž "Iserdo" Škorjanc faces charges relating to various frauds and his involvement in the dark web crime forum Darkode. He was arrested at the request of US authorities last week. If found guilty, Škorjanc...

The post Former Crypto Exec Arrested in Germany, Could Serve Up to 50 Years appeared first on NewsBTC.

Bitcoin Incurs Bullish Momentum as Analysts Set Short-Term Target at $9,000
10/01/2019 22:00

Bitcoin has been able to extend the upwards momentum that it has incurred over the past day, which has allowed it to gain what appears to be a solid foothold within the mid-$8,000 region. This foothold may allow bulls to begin pushing the cryptocurrency higher, although it is important to note that BTC is still...

The post Bitcoin Incurs Bullish Momentum as Analysts Set Short-Term Target at $9,000 appeared first on NewsBTC.

If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5%
10/01/2019 21:00

Even despite the recent haircut off Bitcoin's market capitalisation that saw prices once again crash spectacularly through the $10,000 level, those buying the crypto asset throughout most of its history would theoretically be in profit if they had held onto their investment until today. In fact, Bitcoin prices were lower than they are today on...

The post If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5% appeared first on NewsBTC.

Bitcoin Falls Below Stock-to-Flow Model, Will The Halving Be Front Run By Bulls?
10/01/2019 20:00

The recent price action in Bitcoin markets has brought the price of the first-ever crypto-asset below the popular stock-to-flow model popularized by crypto analyst 100TrillionUSD. With only seven months to go until Bitcoin's halving, and with the asset's prices falling instead of rising, could any chance of the halving being front run by investors be...

The post Bitcoin Falls Below Stock-to-Flow Model, Will The Halving Be Front Run By Bulls? appeared first on NewsBTC.

 
 


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