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Even If Ripple "Wins" Class Action, It Won't Mean Much For XRP: Here's Why 01/16/2020 08:54 There is a class action lawsuit filed against Ripple in 2018 by investors who are alleging that XRP is a security. Even if the suit is dismissed, it is unlikely to have any major effect on the cryptocurrency. Why it won't affect XRP in a large way Ripple the company has long distanced itself from... The post appeared first on NewsBTC. Bitcoin Forming Double Top And It's Vulnerable Below $8,500 01/16/2020 05:28 Bitcoin struggled to break the $8,900 resistance on two occasions against the US Dollar. BTC price is showing a few bearish signs and it seems like it could decline towards $8,300 or $8,200. Bitcoin price is likely forming a double top pattern near the $8,900 resistance against the US Dollar. The price is down 3%... The post appeared first on NewsBTC. Ripple (XRP) Price Testing Last Line Of Defense: Here Are Key Reversal Levels 01/16/2020 04:48 Ripple is down more than 4% after it was rejected near $0.2450 against the US Dollar, similar to bitcoin near $8,900. XRP price is now approaching the key $0.2230 and $0.2200 support levels. Ripple price declined steadily after forming a short term top near $0.2451 against the US dollar. The price is down more than... The post appeared first on NewsBTC. Here Is Why Dips In Ethereum Could Be A Trap By The Bulls 01/16/2020 03:28 Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155. Ether price started a downside correction the new 2020 high at $172 against the US Dollar. The price is currently trading below $165 and it could extend its decline. There... The post appeared first on NewsBTC. Bitcoin Just Plunged 3% In Minutes: Does This Mean Rally is Done? 01/16/2020 02:38 In the past few hours, the price of Bitcoin (BTC) has crashed, falling from the daily high of around $8,910 to a local low of $8,585, the lowest the cryptocurrency has traded at in around 18 hours. This represents a 3% drop in a matter of a few hours, which honestly isn't that surprising considering... The post appeared first on NewsBTC. Bitcoin SV Crashes 35% as Hype Fades: Can Bulls Save BSV's Price? 01/16/2020 01:30 Yesterday, on seeming news that Craig S. Wright, a purported Bitcoin creator, had access to an entire stash of the cryptocurrency, the Satoshi Vision variant of Bitcoin (BSV) rallied by over 145%. It surged from well under $200 to as high as $440 in 24 hours' time. This move allowed BSV to surpass the Cash... The post appeared first on NewsBTC. Here's Why XRP Could Soon Make a Major Movement To Over $0.30 01/16/2020 00:30 XRP has been slowly clawing its way towards the mid-$0.20 region, which previously proved to be a strong support level for the cryptocurrency prior to its capitulatory drop to lows of $0.18 in late-2019. The bullishness seen across the aggregated crypto market has certainly proven to be positive for major altcoins like XRP and has... The post appeared first on NewsBTC. Data Shows Why Bitcoin SV's 163% Rally in a Week Won't Last 01/15/2020 23:00 The recent gains seen by Bitcoin and the aggregated crypto market have been massive by most standards but have not even come close to comparing with the parabolic rally incurred by the controversial Bitcoin Cash hard fork Bitcoin SV (BSV). BSV's rally, however, may not be as bullish as it seems, as the volume backing... The post appeared first on NewsBTC. Bitcoin Futures Open Interest Hits $3.5 Billion; Upward Trend to Continue? 01/15/2020 22:00 The Bitcoin and wider cryptocurrency markets surprised observers yesterday as the market capitalisation of leading cryptos suddenly increased. January 14 started with the market at $217.5 billion, today that figure stands at over $238.8 billion. The heightened market volatility appears to have attracted other traders to the market. Open interest in Bitcoin futures, for example,... The post appeared first on NewsBTC. Why Analysts Think Bitcoin Price Will Soon Surge Past $9,000 01/15/2020 21:30 Bitcoin has been on an absolute tear over the past few days, with the price of the leading cryptocurrency rocketing as high as $8,910 just hours ago as of the time of writing this article. While bullish, analysts have been waiting for BTC to break past the key $9,000 price point, an important psychological and... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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