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Bitcoin Future Flash Crashes by $1,000 to Fill CME Gap: Cleared for Takeoff
11/05/2019 07:59

The Friday before last, the Bitcoin futures contract on the Chicago Mercantile Exchange (CME) closed the week at $8,715. It was a strong performance, especially considering that on Wednesday of that week, the leading cryptocurrency had plunged to $7,300 in a flash crash event. The thing is, shortly after the CME closed up shop for...

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Bitcoin (BTC) Price Showing Positive Signs But Lacking Momentum
11/05/2019 06:00

Bitcoin price is up around 3% and it climbed above the $9,400 resistance against the US Dollar. The price is currently correcting lower after tagging the $9,600 resistance area. There is a key bullish trend line forming with support near $9,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). Both Ethereum...

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Altcoins Leading Crypto Market Gains, Are Pump And Dumps Back?
11/05/2019 05:45

A further $6 billion has been added to total crypto market capitalization over the past 24 hours and it is altcoins that are leading the gains. A big dose of Chinese FOMO boosted home grown projects there and Stellar's coin burn is igniting them this morning, but are they destined to dump again? Crypto Cap...

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Crypto Market And Bitcoin Eyeing Gains: BNB, BCH, LTC, EOS Analysis
11/05/2019 05:00

The total crypto market cap is holding a key support and climbing above $240.0B. Bitcoin price is gaining traction and it recently surpassed the $9,400 resistance area. Litecoin (LTC) price is up more than 5% and it is now trading above the $60.00 resistance area. BCH price is slowly rising again towards the $300 and...

The post Crypto Market And Bitcoin Eyeing Gains: BNB, BCH, LTC, EOS Analysis appeared first on NewsBTC.

Ripple (XRP) Price Climbs Above $0.30, BTC & ETH Gaining Traction
11/05/2019 04:08

Ripple price is gaining momentum and it recently climbed above $0.3000 against the US dollar. The price traded towards the $0.3050 resistance area and it is currently correcting lower. Yesterday's highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). There was...

The post Ripple (XRP) Price Climbs Above $0.30, BTC & ETH Gaining Traction appeared first on NewsBTC.

Ethereum (ETH) Eyes Fresh Rally To $200, Bitcoin Up 3%
11/05/2019 03:08

Ethereum price is rising and it broke the key $185 and $186 resistance levels against the US Dollar. Bitcoin is up around 3% and it managed to climb above the $9,400 resistance. There is a new bullish trend line forming with support near $185 on the hourly chart of ETH/USD (data feed via Kraken). The...

The post Ethereum (ETH) Eyes Fresh Rally To $200, Bitcoin Up 3% appeared first on NewsBTC.

Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?
11/05/2019 03:00

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected? Stellar Pumps On Crypto Token Burn...

The post Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation? appeared first on NewsBTC.

Analyst: Ethereum Price Likely to Stagnate Until Bitcoin Gets Moving
11/04/2019 23:00

After facing some downwards pressure yesterday, Ethereum (ETH) has been able to post a decent climb today that has allowed it to further establish its current foothold within the mid-$180 region. This price action has been strikingly similar to that of Bitcoin, and it does appear that the two assets are strongly correlated at the...

The post Analyst: Ethereum Price Likely to Stagnate Until Bitcoin Gets Moving appeared first on NewsBTC.

Major Crypto Exchange Announces Deposit Support for Bitcoin Scaling Update SegWit
11/04/2019 22:00

Bitfinex has just announced a new update that will help support the Bitcoin network. The crypto exchange platform will allow users to deposit using bech32 (SegWit) addresses. SegWit is a method to effectively increase the capacity of the Bitcoin blockchain. It was introduced to the network via a soft fork in August 2017. SegWit Support...

The post Major Crypto Exchange Announces Deposit Support for Bitcoin Scaling Update SegWit appeared first on NewsBTC.

Bitcoin May Soon Make a Big Movement That Favors Bulls
11/04/2019 21:00

After facing some downwards pressure yesterday, Bitcoin (BTC) has been able to incur some upwards momentum that has allowed it to climb back to $9,300, which marks a slight climb from its daily lows of $9,150. Analysts are now noting that Bitcoin is currently caught within a wide descending channel over a long-time frame, but...

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