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Four Big Acquisitions by $4 Billion Crypto Giant Shows Market Isn't That Bad Afterall
12/18/2019 08:00

Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a shopping spree this year. Crypto...

The post Four Big Acquisitions by $4 Billion Crypto Giant Shows Market Isn't That Bad Afterall appeared first on NewsBTC.

Bitcoin Will Quickly Reverse From Intense Plunge Because of These 3 Main Factors
12/18/2019 07:00

Nobody needs reminding that Bitcoin has plunged to a seven month low today. It has all happened before though and a recovery has followed as it will again. There are several bullish factors building up that will cause a BTC trend reversal next year. Bitcoin Revival Factors and Trends This time last year BTC had...

The post Bitcoin Will Quickly Reverse From Intense Plunge Because of These 3 Main Factors appeared first on NewsBTC.

Bitcoin (BTC) Bears Remain In Driver's Seat But Bulls Not Done Yet
12/18/2019 06:00

Bitcoin price is extending losses below the $6,800 support area against the US Dollar. A crucial support is waiting on the downside near $6,500 and $6,200. There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bears are in...

The post Bitcoin (BTC) Bears Remain In Driver's Seat But Bulls Not Done Yet appeared first on NewsBTC.

Bitcoin And Crypto Market Cap Nosedive: BCH, Litecoin, XTZ, TRX Analysis
12/18/2019 05:30

The total crypto market cap is down more than $15.0B in the past three days. Bitcoin price is down around 4% and it even traded close to the $6,500 support. Litecoin (LTC) price is declining and it is now trading well below $40.00. BCH price dived more than 8% and it even broke the $185...

The post Bitcoin And Crypto Market Cap Nosedive: BCH, Litecoin, XTZ, TRX Analysis appeared first on NewsBTC.

Why Ripple (XRP) Bulls Need To Be Careful After New 2-Year Low?
12/18/2019 04:30

Ripple price is diving below $0.1900 and it recently traded to a new 2-year low against the US dollar. It broke a significant support, opening the doors for further losses below $0.1800. There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from...

The post Why Ripple (XRP) Bulls Need To Be Careful After New 2-Year Low? appeared first on NewsBTC.

Ethereum & Bitcoin Takes Hit, What Does This Mean For This Bulls?
12/18/2019 03:08

Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken). The...

The post Ethereum & Bitcoin Takes Hit, What Does This Mean For This Bulls? appeared first on NewsBTC.

Bitcoin Shows Same Buy Signal Seen at 2018 Bottom of $3,150
12/18/2019 00:00

With Bitcoin collapsing by 5% in the past days, moving from $7,150 to $6,750 as of the time of writing this, traders have once again flipped decidedly bearish on cryptocurrencies. Related Reading: Could Post Crypto Bubble Bitcoin Follow Dot Com Crash NASDAQ Chart? They fear that this latest move under the key support of $7,000...

The post Bitcoin Shows Same Buy Signal Seen at 2018 Bottom of $3,150 appeared first on NewsBTC.

Bears Take Full Control of Bitcoin, But Here's Why Recovery Can't Be Dismissed
12/17/2019 23:00

Bitcoin has continued to move lower as bears take full control of the cryptocurrency's price action, and it now appears to be a certainty that BTC will revisit its November lows that were set at $6,500 roughly three weeks ago. This current bearishness has drastically impacted the overall market sentiment for the worst and has...

The post Bears Take Full Control of Bitcoin, But Here's Why Recovery Can't Be Dismissed appeared first on NewsBTC.

Bitcoin Mining Giant Canaan Shares Plummet 58%: What Does it Show About BTC?
12/17/2019 22:13

The stock price of Canaan Inc, a bitcoin mining giant based in Beijing, has dropped by $12 to $5 since November 25, by more than 58 percent. It comes after the price of BTC abruptly declined from $7,700 to $6,600 in the same period. In recent months, as seen in the balance sheet of major...

The post Bitcoin Mining Giant Canaan Shares Plummet 58%: What Does it Show About BTC? appeared first on NewsBTC.

Ethereum Is Now Officially Net Negative in 2019, Down 91% From ATH
12/17/2019 21:45

The Ethereum price was at $130 at the start of the year on January 1st across major crypto exchanges. With 12 days left on the calendar, ETH is now net negative in 2019, which comes in stark contrast to the 70% performance that Bitcoin has seen in 2019. Related Reading: Bitcoin Halving Search Trend is...

The post Ethereum Is Now Officially Net Negative in 2019, Down 91% From ATH appeared first on NewsBTC.

 
 


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