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Bitcoin (BTC) Could Rise Again Before Fresh Monthly Low 12/05/2019 06:00 Bitcoin price is back to where it started and trading below the $7,380 resistance against the US Dollar. The price is currently under pressure, but it is likely to hold the $7,100 support area. There is a short term contracting triangle forming with resistance near $7,220 on the hourly chart of the BTC/USD pair (data... The post Bitcoin (BTC) Could Rise Again Before Fresh Monthly Low appeared first on NewsBTC. Was The Bitcoin Pump and Dump More Market Manipulation? 12/05/2019 05:45 Bitcoin has spent the best part of this week in a declining channel as it grinds lower towards $7k. A brief flurry of activity in late trading yesterday saw the digital asset surge over $500 in less than an hour. Six hours later it dumped the same amount which was music to the ears of... The post Was The Bitcoin Pump and Dump More Market Manipulation? appeared first on NewsBTC. Bitcoin & Crypto Market Turn Red Again: BCH, XLM, EOS, TRX Analysis 12/05/2019 05:30 The total crypto market cap jumped from $188.0B, but it failed to stay above $200.0B. Bitcoin price rally above the $7,500 level was completely reversed. BCH price is somehow holding the key $205 and $200 support levels. EOS price is facing a strong resistance near the $2.700 area. Stellar (XLM) price could continue to move... The post Bitcoin & Crypto Market Turn Red Again: BCH, XLM, EOS, TRX Analysis appeared first on NewsBTC. Ripple (XRP) Price Could Revisit $0.2000, BTC & ETH Under Pressure 12/05/2019 04:28 Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar. The price currently declining and it is approaching the pre-rally level near $0.2100. There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is... The post Ripple (XRP) Price Could Revisit $0.2000, BTC & ETH Under Pressure appeared first on NewsBTC. Thailand and Hong Kong in Crypto Collaboration With Cross Border Token Project 12/05/2019 04:20 Central banks are increasingly looking towards more efficient payment methods and crypto tokens are filling that role. Thailand and Hong Kong have just announced a joint agreement to utilize digital currencies to facilitate quicker payment in bilateral trade. Cross Border Crypto Central banks are beginning to realize that the options for cross border payments are... The post Thailand and Hong Kong in Crypto Collaboration With Cross Border Token Project appeared first on NewsBTC. Ethereum (ETH) Rip & Dip Scenario Was Total Disaster 12/05/2019 03:08 Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar. The price is trimming gains and it is back to pre-rally levels near the $144 support. There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken). The... The post Ethereum (ETH) Rip & Dip Scenario Was Total Disaster appeared first on NewsBTC. Ethereum Fractal Suggests Altcoins Could Soon Outperform Bitcoin 12/04/2019 23:00 Throughout 2019, altcoins like Ethereum, Ripple, and others, have grossly underperformed next to Bitcoin, sans a few outliers like Chainlink, or Binance Coin, who had breakout years themselves in 2019. But according to a very accurate-looking fractal on ETH/BTC price charts, Ethereum could soon break out against Bitcoin, helping to propel altcoins out of the... The post Ethereum Fractal Suggests Altcoins Could Soon Outperform Bitcoin appeared first on NewsBTC. A Bitcoiner in the Senate? Is Bakkt CEO in US Govt. Good or Bad for Crypto? 12/04/2019 22:00 The CEO of the much-hyped Bitcoin futures platform Bakkt has been appointed to serve in the US Senate. Loeffler will replace Georgia Senator Johnny Isakson, who is due to retire at the end of this month. At first glance, Kelly Loeffler's appointment, like the launch of Bakkt itself, looks like an unmitigated success for the... The post A Bitcoiner in the Senate? Is Bakkt CEO in US Govt. Good or Bad for Crypto? appeared first on NewsBTC. France Announces Digital Currency Venture: Crypto Bulls Roar 12/04/2019 21:19 According to a report from the AFP News Agency, France's central bank will be launching a digital asset (decisively different than a crypto asset) in the coming year. France to Launch Digital Currency The outlet reported via Twitter, the Bank of France's governor, Francois Villeroy de Galhau, said in a recent statement that his organization... The post France Announces Digital Currency Venture: Crypto Bulls Roar appeared first on NewsBTC. Bitcoin: Extreme Fear Amongst Investors May Signal That a Trend Shift is Imminent 12/04/2019 21:00 Bitcoin (BTC) has been firmly caught within the throes of immense volatility over the past several days and weeks, with its recent bout of sideways trading ultimately resulting in a massive movement that caused a maximum pain scenario for traders. This volatility has come concurrently with "extreme fear" amongst investors, which may be a counter-trading... The post Bitcoin: Extreme Fear Amongst Investors May Signal That a Trend Shift is Imminent appeared first on NewsBTC. Update your subscription — Unsubscribe

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