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Bitcoin Price (BTC) Rebounding But $8.5K Resistance Holds Key
10/08/2019 07:00

Bitcoin price started an upside correction above the $8,000 resistance against the US Dollar. The price is currently up around 5% and it recently tested the $8,350 area. There was a break above yesterday's highlighted declining channel with resistance near the $8,060 level on the hourly chart of the BTC/USD pair (data feed from Kraken)....

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Bitcoin And Crypto Market Facing Hurdles: BCH, EOS, TRX, ADA Analysis
10/08/2019 06:00

The total crypto market cap is currently recovering, but it is facing resistance near $220.0B. Bitcoin price is up around 5%, but it is also facing hurdles near $8,300 and $8,350. EOS price extended its gains above the $3.000 resistance and tested $3.200. BCH price is up around 5% and it is trading near the...

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Ripple Price (XRP) Upsurge Facing Key Resistance, Can Bulls Make It?
10/08/2019 05:08

Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar. The price is trading in an uptrend, but it is now facing a strong resistance near $0.2850. There is a rising channel forming with support near $0.2780 on the hourly chart of the XRP/USD pair (data source from...

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Ethereum (ETH) Price Rallies 10% But Can It Break $185?
10/08/2019 04:08

ETH price is climbing higher and it recently broke the $175 and $180 resistances against the US Dollar. The price is currently trading near a crucial resistance area at $185 and $186. There was a break above a key bearish trend line with resistance near $175 on the hourly chart of ETH/USD (data feed via...

The post Ethereum (ETH) Price Rallies 10% But Can It Break $185? appeared first on NewsBTC.

XRP Surges as Bitcoin Dominance Drops, Sparking Altcoin Season Hopes
10/08/2019 00:00

After facing a sharp sell-off yesterday, Bitcoin was once again able to find support within the upper-$7,000 region, and its recovery back above $8,000 has triggered a notable XRP rally, which is sparking hopes that the next "altseason" is inbound. XRP's rally today has led analysts to note that its technical strength is currently building,...

The post XRP Surges as Bitcoin Dominance Drops, Sparking Altcoin Season Hopes appeared first on NewsBTC.

Startup Providing Convenient Bitcoin On-Ramp Lands Google Talent
10/07/2019 23:00

A London-based startup focused on reducing the barrier to entry for Bitcoin use has just announced an exciting new hire. Joining Azteco will be former Google manager Paul Ferguson. Ferguson has more than 15 years experience that he will bring to Azteco. The startup is trying to make getting exposure to Bitcoin as easy as...

The post Startup Providing Convenient Bitcoin On-Ramp Lands Google Talent appeared first on NewsBTC.

Analysts Anticipate Further Bitcoin Downside Despite Overnight Surge
10/07/2019 22:00

After briefly dipping into the $7,000 region yesterday, Bitcoin (BTC) has once again been able to maintain this region as a strong level of support, as it has now climbed back to $8,100 during a strong move that followed its drop to lows of just under $7,900. Analysts are now noting that bears are still...

The post Analysts Anticipate Further Bitcoin Downside Despite Overnight Surge appeared first on NewsBTC.

BitMEX to Showcase Power of Bitcoin's Lightning Network at Upcoming Crypto Conference
10/07/2019 21:00

The Lightning Conference, an event focusing on the Bitcoin micro payments scaling solution, Lightning Network, has just announced a novel way to help showcase the power of the technology. The ever-important fuel of all crypto conferences, hot, steaming coffee, will be available for a single satoshi, paid via the Lightning Network, at the Berlin event....

The post BitMEX to Showcase Power of Bitcoin's Lightning Network at Upcoming Crypto Conference appeared first on NewsBTC.

Bitcoin Price Surges by 5% to $8,250 After Precarious Drop
10/07/2019 20:04

On Sunday, Bitcoin (BTC) found itself suffering, with bulls failing to step in to save the cryptocurrency from falling through the ever-important $8,000 support level. Related Reading: Crypto Tidbits: SEC Declares Bitcoin a Non-Security, Ethereum DeFi Gains Traction, PayPal Leaves Libra By Monday morning, the Bitcoin price hit $7,800 — a level that analysts said...

The post Bitcoin Price Surges by 5% to $8,250 After Precarious Drop appeared first on NewsBTC.

Bitcoin Dominance Breaks Down As Altcoins Begin to Rebound
10/07/2019 20:00

Altcoins like Ethereum, Litecoin, and XRP have struggled to recapture lost market share from Bitcoin in 2019. This has been reflected by a sharp increase in Bitcoin dominance – a metric that has increased steadily throughout the year. But as Bitcoin dominance begins to break down from recent highs, altcoins have begun to show signs...

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