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Facebook Now Wants a Series of Stablecoins For Libra Crypto Project
10/21/2019 07:30

As the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead is not going to be a smooth one the company is looking at alternative ways of getting its own currency off the ground and a...

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Bitcoin (BTC) Price Recovers Above $8.2K But Approach Remains Cautious
10/21/2019 07:00

Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar. The price is now consolidating gains below the $8,300 and $8,350 resistance levels. There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD pair (data feed...

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Why Cryptocurrency is in The Spotlight For More Central Banks
10/21/2019 06:30

For most of its short life Bitcoin has been a plaything for computer geeks and largely ignored by banks and governments. That all changed in late 2017 when an epic rally sent prices soaring to new peaks. Since then central banks have been paying closer attention to cryptocurrency, especially in recent months as Facebook threatens...

The post Why Cryptocurrency is in The Spotlight For More Central Banks appeared first on NewsBTC.

Bitcoin And Crypto Market Rebound Facing Hurdles: BCH, EOS, TRX, ADA Analysis
10/21/2019 06:00

The total crypto market cap is currently correcting higher, but facing hurdles near $215.0B. Bitcoin price jumped more than 5% and it is trading above the $8,200 resistance area. EOS price is slowly moving higher towards the key $3.000 resistance level. BCH price is also up more than 5% and it is approaching the key...

The post Bitcoin And Crypto Market Rebound Facing Hurdles: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.

Ripple (XRP) Price Eyeing Upside Break While Bitcoin Is Recovering
10/21/2019 05:08

Ripple price is slowly moving higher towards the $0.2950 resistance area against the US dollar. The price is facing an uphill task near the $0.2950 and $0.2980 resistance levels. There is a major bearish trend line forming with resistance near $0.2950 on the hourly chart of the XRP/USD pair (data source from Kraken). The price...

The post Ripple (XRP) Price Eyeing Upside Break While Bitcoin Is Recovering appeared first on NewsBTC.

Ethereum (ETH) Could Recover To $180, Bitcoin Up 5%
10/21/2019 04:08

Ethereum price is currently correcting higher and is trading above $172 against the US Dollar. Bitcoin price is up more than 4% and it broke the key $8,200 resistance area. There was a break above a key bearish trend line with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken). The...

The post Ethereum (ETH) Could Recover To $180, Bitcoin Up 5% appeared first on NewsBTC.

Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes
10/21/2019 00:00

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics provider Skew recently observed that long positions held by institutional accounts — pension funds, endowments, insurance companies, mutual...

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Bitcoin Price Likely Bottomed at $7,700 , Will Resume Uptrend: Indicators
10/20/2019 22:00

Since Bitcoin's bulls were sidelined in late-June, cryptocurrency investors have been wondering at which point will the pain stop, at which point will BTC resume its uptrend to potentially new all-time highs. For months, nobody had an answer. Bitcoin fell through $13,000, then $10,000, then $8,000 most recently. And still, some are calling for another...

The post Bitcoin Price Likely Bottomed at $7,700 , Will Resume Uptrend: Indicators appeared first on NewsBTC.

XRP Rally Pauses at Historic Resistance Level as Crypto Markets Falter
10/20/2019 21:00

XRP has been one of the best performing cryptocurrencies in recent times despite its lackluster price action throughout the first half of the year, and its recent series of surges have brought its price to just below its historical resistance level around $0.30. It is important to note that XRP has lost some of its...

The post XRP Rally Pauses at Historic Resistance Level as Crypto Markets Falter appeared first on NewsBTC.

Bitcoin Price Hits $8,150 in 3.5% Bounce; Can Bulls Push BTC Higher?
10/20/2019 20:15

Bulls are finally back. After a few days of bearish price action, Bitcoin (BTC) has bounced higher, rallying from Saturday's $7,900 daily lows to $8,175 as of the time of writing this piece. That move represents a 3.5% gain. Altcoins have followed suit, with a majority of large caps like Ethereum and XRP also experiencing...

The post Bitcoin Price Hits $8,150 in 3.5% Bounce; Can Bulls Push BTC Higher? appeared first on NewsBTC.

 
 


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