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Central Bank Survey: Canadian Crypto Awareness and Ownership Increasing
11/07/2019 06:30

A lengthy survey into the awareness and usage of Bitcoin and crypto assets by Canada's central bank has revealed impressive growth despite the recent bear market. The research also offers good insights as to what Canadian's think of the crypto industry and what the future may hold for a cashless society. Crypto Growth in Canada...

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Bitcoin (BTC) Price Positioning For Breakout or Further Decline?
11/07/2019 06:00

Bitcoin price is declining and it is trading below the key $9,400 resistance against the US Dollar. The price is likely to find a strong buying interest above the $9,200 support area. There is a key contracting triangle pattern forming with resistance near $9,360 on the hourly chart of the BTC/USD pair (data feed from...

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Will Ethereum Based DeFi Beat The Banks As Interest Rates Plummet?
11/07/2019 05:00

Decentralized finance based on Ethereum could be the future of savings if banks continue to slash rates, punishing savers. There are more ways to make profits with cryptocurrencies than simply speculating on their prices and DeFi is emerging as a game changer for the future of finance. Ethereum For Bank Beating Finance Every week another...

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Bitcoin Crypto Market Cap Showing Bearish Signs: BCH, BSV, BNB, ADA Analysis
11/07/2019 05:00

The total crypto market cap is showing a few bearish signs below the $248.0B resistance area. Bitcoin price is struggling to climb above the $9,400 resistance area. BCH price is currently trading near the main $300 resistance zone. BSV price gained recently and it is now trading above the $130 and $135 levels. Binance Coin...

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Ripple (XRP) Price Rips and Dips, Bulls Protecting Support
11/07/2019 04:08

Ripple price surged recently above the $0.3040 and $0.3120 resistances against the US dollar. The price is currently trimming gains and trading near the $0.3000 support area. Yesterday's major bullish trend line is active with support near $0.2990 on the hourly chart of the XRP/USD pair (data source from Kraken). The main support is near...

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Ethereum (ETH) Forming Bearish Pattern, $186 Hold Key
11/07/2019 03:08

Ethereum price is struggling to climb above the $192 and $195 resistances against the US Dollar. It seems like a head and shoulders pattern forming with support near the $188 and $186 levels. This week's key bullish trend line is intact with support near $188 on the hourly chart of ETH/USD (data feed via Kraken)....

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XRP May Target $0.45 in Near-Term Despite Falling Below $0.30
11/06/2019 23:00

After a brief period of trading above its long-established resistance level at $0.30, XRP has once again fallen back into the upper-$0.20 region, which may mean that it is in for an extended bout of sideways trading. Analysts are still optimistic, however, that the cryptocurrency could see further gains in the near-term, with one analyst...

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Bitcoin Mining Bandits Arrested in Malaysia
11/06/2019 22:00

Malaysian authorities have arrested five individuals in connection with the robbery of 85 Bitcoin mining units. The machines were taken from a shop in the town of Seremban on October 29. The units themselves were valued at around $10,000. Those behind the robbery are thought to have stolen the machines to deploy them themselves. Five...

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Square's Cash App Sold $150M Worth of Bitcoin in Q3: 250% YoY Growth
11/06/2019 21:40

Once again, fintech giant Square has shocked the Bitcoin industry with its latest earnings report; the company's flagship product, the Cash App, sold $148 million worth of BTC in fiscal Q3 of 2019. This marks significant retail interest in cryptocurrency from Square's American clientele. Related Reading: Bitcoin Likely to Break Past $10,000 in Next Bout...

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Bitcoin Forms Uptrend EMA Support as Case for Bulls Strengthens
11/06/2019 21:00

Bitcoin's price has been slowly inching higher after briefly visiting its range lows around $9,000 this past weekend, but in order for bulls to maintain their growing strength, it is imperative that they push BTC past its range high resistance level at $9,500. Analysts are now noting that the bull case for Bitcoin may be...

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