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Bitcoin (BTC) Price Hesitates But Further Downsides Seem Likely
11/21/2019 06:00

Bitcoin price is consolidating losses above the $8,000 support area against the US Dollar. The price is likely to struggle near the $8,150 and $8,220 resistance levels. There is a key rising channel or a bearish flag pattern forming with support near $8,060 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

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Crypto Market Could Dive To $200B, Bitcoin Turns Red: BCH, XLM, EOS, TRX Analysis
11/21/2019 05:30

The total crypto market cap is currently in a bearish zone below the $220.0B resistance. Bitcoin price is trading above the $8,000 support and remains at a risk of more losses. BCH price is now consolidating losses below the $250 resistance area. EOS price is declining and approaching the $3.050 and $3.000 support levels. Stellar...

The post Crypto Market Could Dive To $200B, Bitcoin Turns Red: BCH, XLM, EOS, TRX Analysis appeared first on NewsBTC.

Bitcoin Twitter Engagement Tumbles to Two Year Lows as Sentiment Turns Bearish
11/21/2019 05:15

Love it or hate it, twitter is an integral part of the crypto scene. Sentiment is often gauged by reaction from Bitcoin market analysts and industry insiders who spend their time on the social media platform. Recent charts indicate that overall engagement has declined back to levels as low those two years ago. Tweeters Go...

The post Bitcoin Twitter Engagement Tumbles to Two Year Lows as Sentiment Turns Bearish appeared first on NewsBTC.

Ripple (XRP) Price Facing Significant Resistance, Time To Sell?
11/21/2019 04:30

Ripple price is currently struggling to surpass the $0.2560 and $0.2600 levels against the US dollar. The price is likely to decline unless there is a clear break above the $0.2600 resistance. This week's major bearish trend line is active with resistance near $0.2575 on the hourly chart of the XRP/USD pair (data source from...

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Australian Crypto Ecosystem Expands as Binance Eyes Antipodean Shores
11/21/2019 04:15

Malta based Binance is setting itself up for global domination in the crypto industry. Whatever market sentiment may be at the moment, the company has not been deterred as it reportedly eyes antipodean shores for its next crypto exchange. Binance Branches Out According to Aussie crypto outlet Micky, Binance boss Changpeng Zhao said that the...

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Ethereum (ETH) Medium Term Trend Turns Negative, Bears Eye $160
11/21/2019 03:08

Ethereum is currently consolidating losses above the $172 support against the US Dollar. Bitcoin price is also consolidating above the key $8,000 support area. There is a new connecting bearish trend line forming with resistance near $176 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to continue lower as...

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Digitex Futures Alpha Testing Is Causing Quite a Stir
11/21/2019 00:47

Many people in the crypto space had written off Digitex Futures. The company with ambitious plans to remove commissions from bitcoin futures trading failed to deliver on its promises twice. Yet, after some very public scraps with development teams and backlash from investors, the company is gearing up for its public testnet launch on Nov...

The post Digitex Futures Alpha Testing Is Causing Quite a Stir appeared first on NewsBTC.

Bitcoin Visits Critical Long-Term Trendline; Break Below Could Lead to Massive Losses
11/20/2019 23:00

Bitcoin (BTC) has continued to consolidate around its key near-term support at $8,000 and both its bulls and bears have remained deadlocked as it fails to gain any decisive momentum in the time since its recent drop down to its current price levels. Analysts are now noting that Bitcoin is currently trading at a key...

The post Bitcoin Visits Critical Long-Term Trendline; Break Below Could Lead to Massive Losses appeared first on NewsBTC.

Asia-Pacific Forecast to Lead Global Blockchain Healthcare Boom
11/20/2019 22:00

Use of blockchain technology in healthcare is expected to boom over the next few years. A recent report into the industry anticipates a massive $890.5 million being spent on blockchain systems across the global sector by 2023. Expected to lead the adoption of blockchain technology in healthcare is the Asia-Pacific region. Governments of the region...

The post Asia-Pacific Forecast to Lead Global Blockchain Healthcare Boom appeared first on NewsBTC.

Wyoming Sets Standard for U.S., Passing 13 Blockchain Laws in 2019
11/20/2019 21:15

Last year, the state of Wyoming assembled its Blockchain Task Force, whose goal was to pass legislation to help make the jurisdiction an attractive choice for industry startups.  Dubbed the "Delaware of digital asset law," a reference to Delaware's lead in corporate law, Wyoming now has 13 laws in the books and 8 more proposed...

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