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Bitcoin (BTC) Price Eyeing Fresh Monthly Low Below $8.5K
11/13/2019 06:00

Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar. The price is currently declining and it seems to be struggling near the $8,840 level. Yesterday's major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bulls...

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Libra Crypto Crumbles as Facebook Launches Alternative Payments Platform
11/13/2019 05:30

Most of the angst against the crypto industry this year has been instigated by one company. The major economies of the world have collectively given the bird to Facebook and its plans on crypto domination through its own centralized digital coin. The social media giant is now scrambling to launch an alternative payments platform. Facebook...

The post Libra Crypto Crumbles as Facebook Launches Alternative Payments Platform appeared first on NewsBTC.

Crypto Market Cap And Bitcoin Under Pressure: BCH, BNB, EOS, TRX Analysis
11/13/2019 05:18

The total crypto market cap is struggling to recover above the $235.0B resistance area. Bitcoin price is now trading well below the $9,000 and $8,960 resistance levels. EOS price is declining and it seems like it could revisit the $3.350 support area. Binance Coin (BNB) is still facing a lot of hurdles near the $21.00...

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

Ripple (XRP) Price Following Downtrend, Risk of Breakdown Persists
11/13/2019 04:28

Ripple price is trading in a downtrend below the $0.2750 resistance against the US dollar. The price is facing a lot of hurdles on the upside near the $0.2740 and $0.2750 levels. This week's crucial bearish trend line is intact with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from...

The post Ripple (XRP) Price Following Downtrend, Risk of Breakdown Persists appeared first on NewsBTC.

How Will CME Bitcoin Options Launch In 2 Months Affect BTC Prices?
11/13/2019 04:00

Many have asserted that the first time Bitcoin futures were launched, a planned market crash followed. The exchange that launched those futures back in late 2017 is gearing up for more institutional products in two months' time so what impact will that have this time around? CME Options Launch In January The Chicago Mercantile Exchange...

The post How Will CME Bitcoin Options Launch In 2 Months Affect BTC Prices? appeared first on NewsBTC.

Ethereum (ETH) Holding Key Support But For How Long?
11/13/2019 03:08

Ethereum price is trading nicely above the key $182 and $180 support levels against the US Dollar. The price is currently facing many resistances such as $187, $188 and $190. Recently, there was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken)....

The post Ethereum (ETH) Holding Key Support But For How Long? appeared first on NewsBTC.

Why Litecoin May Soon Post Major Gains Despite Current Bearishness
11/12/2019 23:00

Litecoin (LTC) has been facing an ongoing influx of selling pressure ever since its mining rewards halving that occurred this past-summer, which sparked a deep-cutting sell-off in spite of the fact that many investors and analysts had believed it to be a bullish event. In the near-term, analysts are noting that they anticipate the cryptocurrency...

The post Why Litecoin May Soon Post Major Gains Despite Current Bearishness appeared first on NewsBTC.

A Million Bank Users Ask For Their Money, is Crypto a Viable Alternative?
11/12/2019 22:00

Almost one million customers of an Indian bank are currently without access to the money they deposited with the institution. The incident serves as yet another reminder of the shortcomings of the current banking system and the potential improvements offered by crypto. The bank in question has been under investigation for fraud and Mumbai police...

The post A Million Bank Users Ask For Their Money, is Crypto a Viable Alternative? appeared first on NewsBTC.

Analysts Expect Further Losses as Bitcoin Forms EMA Bear Cross
11/12/2019 21:00

Bitcoin (BTC) has continued inching lower following its recent bearish break below $9,000, which points to the possibility that bears are building strength as bulls fail to propel the crypto while it trades just a hair above its key near-term support level. Analysts are now noting that Bitcoin may soon incur further losses as it...

The post Analysts Expect Further Losses as Bitcoin Forms EMA Bear Cross appeared first on NewsBTC.

Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is Failing
11/12/2019 20:00

Representatives of the current financial system are inadvertently extolling the virtues of Bitcoin at a higher frequently than ever before. The latest is Deutsche Bank President Karl von Rohr, who states that current methods intended to stave off economic crisis are lessening in efficacy. Von Rohr describes the current climate for the financial services industry...

The post Bitcoin Fixes This: Top Bank Chief Says Monetary Policy is Failing appeared first on NewsBTC.

 
 


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