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Litecoin Price (LTC) Remains In Downtrend, Bitcoin Holding $7K
11/27/2019 09:00

Litecoin is started an upside correction from the $42.15 swing low against the US Dollar. The price is now trading above the $45.50 resistance, but it is well below $48.40 and $50.00. There is a major bearish trend line forming with resistance near $47.80 on the hourly chart of the LTC/USD pair (data feed from...

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Bitcoin (BTC) Hesitates But Further Recovery Above $7.2K Seem Likely
11/27/2019 06:00

Bitcoin is currently trimming gains after struggling to clear the $7,400 barrier against the US Dollar. The price is likely to stay above the $7,000 and $6,950 support levels in the near term. There is likely a bullish flag forming with resistance near $7,170 on the hourly chart of the BTC/USD pair (data feed from...

The post Bitcoin (BTC) Hesitates But Further Recovery Above $7.2K Seem Likely appeared first on NewsBTC.

Crypto Market Cap & Bitcoin Flirt With Key Resistance: BCH, Litecoin, ADA, TRX Analysis
11/27/2019 05:30

The total crypto market cap is facing a strong resistance near the $190.0B and $195.0B levels. Bitcoin price is also struggling to surpass the $7,300 and $7,400 resistance levels. Litecoin (LTC) price is declining and it might trade below the $45.00 support area. BCH price is struggling to hold the key $205 and $200 support...

The post Crypto Market Cap & Bitcoin Flirt With Key Resistance: BCH, Litecoin, ADA, TRX Analysis appeared first on NewsBTC.

VC Investor: 3 Reasons to Not be Concerned With Ethereum Scaling
11/27/2019 05:00

Ethereum has come under fire this year over scaling issues and longevity of the project. There will always be the detractors which support rival crypto platforms and the phalanxes of Bitcoin maximalists believing that BTC is the only fruit. One prominent VC investor sees no reasons to be concerned with ETH scaling issues. Ethereum Scaling...

The post VC Investor: 3 Reasons to Not be Concerned With Ethereum Scaling appeared first on NewsBTC.

Ripple (XRP) Price Primed For Gains Until This Changes
11/27/2019 04:28

Ripple price is showing a lot of positive signs above the $0.2120 support against the US dollar. The price is likely to break the $0.2240 and $0.2270 resistance levels to continue higher. Yesterday's key bearish trend line was breached with resistance near $0.2175 on the hourly chart of the XRP/USD pair (data source from Kraken)....

The post Ripple (XRP) Price Primed For Gains Until This Changes appeared first on NewsBTC.

Do Bitcoin Trend Lines Indicate a Possible Thanksgiving Rally?
11/27/2019 04:00

Following a dip into the mid $6k zone as predicted, Bitcoin has recovered back above $7k. Analysts have been looking at trend lines to determine if there is any hope of a Thanksgiving or Christmas rally. Talking Bitcoin Trends Following its big dump to $6,550 earlier this week, Bitcoin has returned to its consolidation zone...

The post Do Bitcoin Trend Lines Indicate a Possible Thanksgiving Rally? appeared first on NewsBTC.

Ethereum (ETH) Won't Go Quietly, Risk of Bounce Grows
11/27/2019 03:08

Ethereum is facing a strong resistance near the $152 and $155 levels against the US Dollar. The price seems to be consolidating above the $142 support area. There is a new key bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken). The price could dip a...

The post Ethereum (ETH) Won't Go Quietly, Risk of Bounce Grows appeared first on NewsBTC.

Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance
11/27/2019 00:00

Zhou Xiaochuan, former governor of the People's Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments.  The PBoC's Digital Currency Initiative Zhou Xiaochuan, one of the most influential monetary...

The post Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance appeared first on NewsBTC.

Crypto Markets May Be Close to Posting a Bullish Rebound, But All Eyes Remain on BTC
11/26/2019 23:00

Bitcoin and the aggregated crypto markets have been facing increasing bearishness over the past several days and weeks, with many major altcoins posting massive losses as BTC remains stuck below the key resistance levels that will determine whether or not its market structure is bullish. One prominent analyst is now noting that the crypto markets...

The post Crypto Markets May Be Close to Posting a Bullish Rebound, But All Eyes Remain on BTC appeared first on NewsBTC.

Binance CEO Identifies Turkey as Key Market for Blockchain and Crypto
11/26/2019 22:00

As Turkey prepares to create its own state-issued digital asset, the CEO of leading crypto exchange Binance has praised the nation's demand for and interest in cryptocurrency. Changpeng Zhao said Turkey is giving itself "the chance to lead financial technology developments." The news comes shortly after Binance announced a new fiat-to-crypto gateway for Turkish lira....

The post Binance CEO Identifies Turkey as Key Market for Blockchain and Crypto appeared first on NewsBTC.

 
 


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