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Bitcoin (BTC) In Slow And Steady Decline, $8.2K Likely Target
11/15/2019 06:00

Bitcoin price is currently declining below the $8,600 support area against the US Dollar. A new monthly low was formed near $8,457 and the price is currently correcting higher. There is a key declining channel forming with resistance near $8,710 on the hourly chart of the BTC/USD pair (data feed from Kraken). There is a...

The post Bitcoin (BTC) In Slow And Steady Decline, $8.2K Likely Target appeared first on NewsBTC.

Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis
11/15/2019 05:30

The total crypto market cap is currently declining and it could test $220.0B support. Bitcoin price is under pressure and it is likely to break the $8,500 support area. EOS price is now trading near the $3.350 support area and showing bearish signs. BCH price failed to stay above the key $280 support and extended...

The post Crypto Market And Bitcoin Bearish Continuation: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.

Ripple (XRP) Price Primed For Additional Losses, $0.2450 Next?
11/15/2019 04:30

Ripple price is following a downtrend below the $0.2700 support area against the US dollar. The price is currently trading near the $0.2620 support and it could continue to decline. This week's crucial bearish trend line is active with resistance near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken). Similarly,...

The post Ripple (XRP) Price Primed For Additional Losses, $0.2450 Next? appeared first on NewsBTC.

Ethereum (ETH) Trading Near Last Line of Defense
11/15/2019 03:08

Ethereum price is struggling to climb higher above the $188 resistance against the US Dollar. The price is currently trading near the $182 support area, which holds the key. There is a key bearish trend line forming with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is declining and...

The post Ethereum (ETH) Trading Near Last Line of Defense appeared first on NewsBTC.

Bitcoin Fell 50% From $6,000 in 2018 After this Key Signal Lit, and it's Flashing Again
11/15/2019 02:40

The final nail was just put in the coffin of bulls. An indicator that tracks the health of the Bitcoin (BTC) mining ecosystem has just flashed bearish for the first time in a year, signaling impending capitulation. Related Reading: Bitcoin Open Interest May Act as Rocket Fuel for Explosive Bull Movement Bitcoin Miners Ready to...

The post Bitcoin Fell 50% From $6,000 in 2018 After this Key Signal Lit, and it's Flashing Again appeared first on NewsBTC.

Ethereum's Bollinger Bands Signal That a Massive Movement is Imminent
11/14/2019 23:00

Ethereum has been stuck below its near-term resistance level at $190 for the past several weeks, and both ETH's bulls and bears have been deadlocked as they hold the cryptocurrency steady within the mid-$180 region. This bout of sideways trading may soon be coming to an end, however, as analysts are now noting that ETH's...

The post Ethereum's Bollinger Bands Signal That a Massive Movement is Imminent appeared first on NewsBTC.

Cryptocurrency SIM Swapping Scammers Charged by US Department of Justice
11/14/2019 22:00

Two individuals were charged yesterday for their suspected involvement in a two-year cryptocurrency SIM swapping scam. The suspects are believed to have taken control of telephone numbers and attempted to gain access to various online accounts to steal digital currency from victims. The pair were arrested last Thursday. They face charges of wire fraud, computer fraud...

The post Cryptocurrency SIM Swapping Scammers Charged by US Department of Justice appeared first on NewsBTC.

Bitcoin Open Interest May Act as Rocket Fuel for Explosive Bull Movement
11/14/2019 21:00

Bitcoin (BTC) has been caught in a period of sideways trading over the past several days and weeks, as it has been unable to garner any significant and sustainable upwards momentum in spite of the strong support that it has established at $8,700. Bitcoin's open interest, however, may point to an underlying strength for the...

The post Bitcoin Open Interest May Act as Rocket Fuel for Explosive Bull Movement appeared first on NewsBTC.

Walmart Canada Launches Largest Blockchain for Supply Chain Management Ever
11/14/2019 20:00

Walmart Canada has just announced what it describes as the world's "first enterprise full production blockchain solution launched at a large scale mission-critical function". The network will allow for information sharing and collaboration between 70 third-party trucking companies serving the company. The blockchain system has been a collaboration between Walmart Canada and DLT Labs. It...

The post Walmart Canada Launches Largest Blockchain for Supply Chain Management Ever appeared first on NewsBTC.

US Crypto Investors May Need To Consider Amending Past Tax Returns
11/14/2019 19:00

Tax law surrounding crypto assets is currently convoluted and confusing, even despite Congress demanding the IRS clarify the law, and the IRS taking steps to provide more clarity to crypto investors in the United States. However, given some recent comments from an IRS official regarding like-kind exchanges, crypto investors based in the US may want...

The post US Crypto Investors May Need To Consider Amending Past Tax Returns appeared first on NewsBTC.

 
 


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