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Ripple Price Analysis: XRP/USD Poised to Extend Gains

Ripple Price Analysis: XRP/USD Poised to Extend Gains

found at
https://www.newsbtc.com/2018/06/19/ripple-price-analysis-xrp-usd-poised-extend-gains/
on 2018-06-19 08:30:41
Key Highlights Ripple price formed a major low near the $0.5100 level and bounced back against the US dollar. Yesterday’s important bearish trend line was broken with resistance near $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair tested the $0.5500 resistance zone and is currently correcting lower. Ripple…
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Cryptocurrency Market Update: Ontology (ONT) Price Profits from New Partnership

Cryptocurrency Market Update: Ontology (ONT) Price Profits from New Partnership

found at
https://www.newsbtc.com/2018/06/19/cryptocurrency-market-update-ontology-price-profits-from-new-partnership/
on 2018-06-19 07:15:14
FOMO Moments Current performing altcoins are Ontology, Tron, Ethereum Classic, and Icon. The bears were caught napping and a small, but possibly short-lived, bounce occurred in the crypto markets a few hours ago. In what appears to be a single whale transaction, Bitcoin shot up $300 in a matter of minutes at 23.30 UTC. The…
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Ethereum Price Analysis: ETH/USD Broke Key Resistance

Ethereum Price Analysis: ETH/USD Broke Key Resistance

found at
https://www.newsbtc.com/2018/06/19/ethereum-price-analysis-eth-usd-broke-key-resistance/
on 2018-06-19 07:00:11
Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $500 level and the 100…
The post Ethereum Price Analysis: ETH/USD Broke Key Resistance appeared first on NewsBTC.

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Cardano (ADA) Price Watch: Ready to Reverse from the Drop?

Cardano (ADA) Price Watch: Ready to Reverse from the Drop?

found at
https://www.newsbtc.com/2018/06/19/cardano-ada-price-watch-ready-reverse-drop/
on 2018-06-19 06:07:27
Cardano Price Key Highlights Cardano is still in its descending channel but might be gaining traction off the bounce. Applying the Fib tool shows the next potential resistance levels that could keep gains in check. Technical signals are looking mixed, with oscillators suggesting further gains in the cards. Cardano appears to be gaining some traction…
The post Cardano (ADA) Price Watch: Ready to Reverse from the Drop? appeared first on NewsBTC.

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Bitcoin Cash Price Analysis: BCH/USD May Overtake $900

Bitcoin Cash Price Analysis: BCH/USD May Overtake $900

found at
https://www.newsbtc.com/2018/06/19/bitcoin-cash-price-analysis-bch-usd-may-overtake-900/
on 2018-06-19 06:08:59
Key Points Bitcoin cash price bounced back sharply from the $825 support area against the US Dollar. Yesterday’s highlighted key bearish trend line with resistance at $840 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading just below the $900-910 resistance, and it may soon…
The post Bitcoin Cash Price Analysis: BCH/USD May Overtake $900 appeared first on NewsBTC.

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Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

found at
https://www.newsbtc.com/2018/06/19/bitcoin-btc-price-watch-next-upside-hurdles-clear/
on 2018-06-19 05:47:39
Bitcoin Price Key Highlights Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume. Bitcoin price made a short-term upside break but still…
The post Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear appeared first on NewsBTC.

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OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

found at
https://www.newsbtc.com/2018/06/19/otc-trading-platform-paxful-is-at-the-forefront-of-a-crypto-boom-in-africa/
on 2018-06-19 03:00:50
Current financial, social, and economic conditions in Africa have contributed to the surging popularity of cryptocurrencies on the continent. For the over-the-counter (OTC) crypto trading platform Paxful, African customers account for almost $7.5 million in transactions per month. Interestingly, half of these crypto enthusiasts are under 30-years-old and either have a college degree or are…
The post OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa appeared first on NewsBTC.

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Russia Change Tact, Now Backs Litecoin and 5 Other Cryptos Via SberBank: IOTA, Stellar Lumens, EOS, Litecoin and Tron Technical Analysis (June 19, 2018)

Russia Change Tact, Now Backs Litecoin and 5 Other Cryptos Via SberBank: IOTA, Stellar Lumens, EOS, Litecoin and Tron Technical Analysis (June 19, 2018)

found at
https://www.newsbtc.com/2018/06/19/iota-stellar-eos-litecoin-tron-technical-analysis/
on 2018-06-19 02:02:12
Needless to say, IOTA is the biggest loser in the last 24 hours tumbling seven percent and in the process dipping below $1.12 and triggering sells. However, when we take a wholesome approach, bears are likely to drive prices lower across the board in the coming days. As such, we should be watching TRX because…
The post Russia Change Tact, Now Backs Litecoin and 5 Other Cryptos Via SberBank: IOTA, Stellar Lumens, EOS, Litecoin and Tron Technical Analysis (June 19, 2018) appeared first on NewsBTC.

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?SEC Endorsement Cements Ethereum?s Stellar Reputation as A Quality Network?:Ethereum (ETH) Technical Analysis (June 19, 2018)

?SEC Endorsement Cements Ethereum?s Stellar Reputation as A Quality Network?:Ethereum (ETH) Technical Analysis (June 19, 2018)

found at
https://www.newsbtc.com/2018/06/19/ethereum-eth-technical-analysis-june-19-2018/
on 2018-06-19 02:04:06
With a $50 billion market cap, Ethereum is the second largest cryptocurrency in the world. As it stands, development and adoption fundamentals are on point. That’s what advises our long term projection of the coin. In the short to medium term though, it’s likely that ETH would add on to its seven percent week over…
The post “SEC Endorsement Cements Ethereum’s Stellar Reputation as A Quality Network”:Ethereum (ETH) Technical Analysis (June 19, 2018) appeared first on NewsBTC.

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South Korea?s Central Bank Opposes Issuing a Central Bank Digital Currency

South Korea?s Central Bank Opposes Issuing a Central Bank Digital Currency

found at
https://www.newsbtc.com/2018/06/18/south-koreas-central-bank-opposes-issuing-a-central-bank-digital-currency/
on 2018-06-19 00:00:11
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a…
The post South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency appeared first on NewsBTC.

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Jack Dorsey?s Square Obtains Ninth BitLicense Ever

Jack Dorsey?s Square Obtains Ninth BitLicense Ever

found at
https://www.newsbtc.com/2018/06/18/jack-dorseys-square-obtains-ninth-bitlicense-ever/
on 2018-06-18 23:00:41
Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018. Square Becomes Ninth…
The post Jack Dorsey’s Square Obtains Ninth BitLicense Ever appeared first on NewsBTC.

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The World?s First Play Funded By Bitcoin is Coming to London

The World?s First Play Funded By Bitcoin is Coming to London

found at
https://www.newsbtc.com/2018/06/18/the-worlds-first-play-funded-by-bitcoin-is-coming-to-london/
on 2018-06-18 22:00:26
London’s Trafalgar Studios is to play host to the first theatre production funded by Bitcoin. The play is titled Silk Road (How to Buy Drugs Online). Bitcoin-Funded Play Focuses on Early Dark Web Use of Cryptocurrency The show that was first conceived back in 2014 will premiere in August. It was written by Alex Oates and…
The post The World’s First Play Funded By Bitcoin is Coming to London appeared first on NewsBTC.

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Cryptocurrencies Perform Worse as They Grow More Popular, BIS Report Claims

Cryptocurrencies Perform Worse as They Grow More Popular, BIS Report Claims

found at
https://www.newsbtc.com/2018/06/18/cryptocurrencies-perform-worse-as-they-grow-more-popular-bis-report-claims/
on 2018-06-18 21:00:24
There are plenty of different opinions on cryptocurrencies. It is difficult to find the true metric to determine their success. According to the Bank of International Settlements (BIS), there isn’t any real growth. In fact, BIS claims the performance of cryptocurrencies worsens as the currencies grow more popular. BIS Has Strong Opinions It is a…
The post Cryptocurrencies Perform Worse as They Grow More Popular, BIS Report Claims appeared first on NewsBTC.

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Paris Hilton?s Father to Sell 16th Century Roman Mansion Via Blockchain Auction

Paris Hilton?s Father to Sell 16th Century Roman Mansion Via Blockchain Auction

found at
https://www.newsbtc.com/2018/06/18/paris-hiltons-father-sell-16th-century-roman-mansion-via-blockchain-auction/
on 2018-06-18 15:00:56
In the latest crypto mansion sell-off, Hilton and Hyland, the real estate firm chaired by Rick Hilton, the father of reality TV celebrity Paris Hilton, has announced that the sale of a 16th century Roman mansion will be conducted on the blockchain. Roman Mansion to be Auctioned off on Blockchain The historic property set in…
The post Paris Hilton’s Father to Sell 16th Century Roman Mansion Via Blockchain Auction appeared first on NewsBTC.

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Cryptocurrency Volume Drops To A Two-Month Low, Should You Be Worried?

Cryptocurrency Volume Drops To A Two-Month Low, Should You Be Worried?

found at
https://www.newsbtc.com/2018/06/18/exchange-volume-drops-to-a-two-month-low-should-you-be-worried/
on 2018-06-18 14:09:04
Cryptocurrency volumes have dipped to a two-month low, with levels resembling those seen earlier this year during April’s downtrend. But what does this mean for the market in general? Is Volume An Viable Indicator? As of June 18th, exchange volume has collectively dropped under $10 billion dollars, with these levels being seen in early April. …
The post Cryptocurrency Volume Drops To A Two-Month Low, Should You Be Worried? appeared first on NewsBTC.

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Binance Implements New Features To Help Improve User Experience

Binance Implements New Features To Help Improve User Experience

found at
https://www.newsbtc.com/2018/06/18/binance-implements-new-features-help-improve-user-experience/
on 2018-06-18 11:00:45
Despite the market downtrend, Binance’s team has forged ahead to ensure that its consumers are having a great experience using the exchange.  Binance Supports Three EOS AirDrops Airdrops have historically been a touchy subject for cryptocurrency exchanges, as claiming airdrop tokens can often require exchanges to give up some wallet security. As well, logistically setting…
The post Binance Implements New Features To Help Improve User Experience appeared first on NewsBTC.

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Bitcoin Price Watch: BTC/USD Struggle Continues

Bitcoin Price Watch: BTC/USD Struggle Continues

found at
https://www.newsbtc.com/2018/06/18/bitcoin-price-watch-btc-usd-struggle-continues/
on 2018-06-18 10:28:16
Key Points Bitcoin price failed to move above the $6,600 resistance and it currently under pressure against the US Dollar. There is a significant bearish trend line formed with resistance at $6,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must move above the $6,500 hurdle and the 100…
The post Bitcoin Price Watch: BTC/USD Struggle Continues appeared first on NewsBTC.

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EOS Mainnet Takes A 5 Hour Breather Due To A Small Bug, Criticized

EOS Mainnet Takes A 5 Hour Breather Due To A Small Bug, Criticized

found at
https://www.newsbtc.com/2018/06/18/eos-mainnet-takes-5-hour-breather-due-small-bug-criticized/
on 2018-06-18 10:00:32
The EOS mainnet had to take a quick breather yesterday, with an unexpected bug causing its blockchain to come to a full stop. Quick And Effective Response EOS New York stated that the blockchain paused at 9:56 UTC, which immediately triggered a knee-jerk response from all active EOS Block Producers. The block producers along with…
The post EOS Mainnet Takes A 5 Hour Breather Due To A Small Bug, Criticized appeared first on NewsBTC.

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Cardano Price Analysis: ADA/USD Is In Downtrend

Cardano Price Analysis: ADA/USD Is In Downtrend

found at
https://www.newsbtc.com/2018/06/18/cardano-price-analysis-ada-usd-downtrend/
on 2018-06-18 10:00:31
Key Highlights ADA price started a fresh downside move from the $0.1750 swing high against the US Dollar (tethered). There is a crucial bearish trend line forming with resistance at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may perhaps continue to move down towards the $0.1550 and…
The post Cardano Price Analysis: ADA/USD Is In Downtrend appeared first on NewsBTC.

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Ethereum is Gaining 50,000 Developers per Month, King of Dapps

Ethereum is Gaining 50,000 Developers per Month, King of Dapps

found at
https://www.newsbtc.com/2018/06/18/ethereum-gaining-50000-developers-per-month-king-dapps/
on 2018-06-18 09:00:35
An independent vlogger posted a video on Reddit about why he’s still bullish on crypto. In the video the vlogger names six points to keep in mind about the health of the space as networks continue to grow, clarity comes in to being and crypto attracts the best and brightest minds from both the tech and financial…
The post Ethereum is Gaining 50,000 Developers per Month, King of Dapps appeared first on NewsBTC.

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Ripple Price Analysis: XRP/USD Sights Downside Break

Ripple Price Analysis: XRP/USD Sights Downside Break

found at
https://www.newsbtc.com/2018/06/18/ripple-price-analysis-xrp-usd-sights-downside-break/
on 2018-06-18 08:30:46
Key Highlights Ripple price declined from the $0.5600 swing high with bearish moves against the US dollar. There is a key bearish trend line in place with resistance near $0.5300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps decline further and it could break the $0.5200 support…
The post Ripple Price Analysis: XRP/USD Sights Downside Break appeared first on NewsBTC.

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Exclusive: Former BlackRock Exec Explains Why Institutional Investors Not in Crypto Yet

Exclusive: Former BlackRock Exec Explains Why Institutional Investors Not in Crypto Yet

found at
https://www.newsbtc.com/2018/06/18/crypto-investor-explains-why-institutional-money-is-waiting-on-the-side-lines/
on 2018-06-18 07:43:25
A professional investor, who has worked at BlackRock, explained the main reasons why institutional investors are watching the crypto market but not yet getting involved. Speaking in London Tech Week he said that regulatory uncertainty, volatility and lack of education are the main obstacles. Where is the Smart Money? Adam Grimsley, co founder of Prime…
The post Exclusive: Former BlackRock Exec Explains Why Institutional Investors Not in Crypto Yet appeared first on NewsBTC.

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Cryptocurrency Market Update: Binance Coin (BNB) Bucking the Trend

Cryptocurrency Market Update: Binance Coin (BNB) Bucking the Trend

found at
https://www.newsbtc.com/2018/06/18/cryptocurrency-market-update-binance-coin-bnb-bucking-the-trend/
on 2018-06-18 07:26:12
FOMO Moments Current performing altcoins are Binance Coin, Reddcoin, and Docademic. A flat weekend in crypto land has not been enough to entice the bulls back into the market. Monday morning is shaping up to be a red one as the downward slide continues. Total market cap is still falling back towards the yearly low…
The post Cryptocurrency Market Update: Binance Coin (BNB) Bucking the Trend appeared first on NewsBTC.

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Ethereum (ETH) Price Watch: Stuck in Consolidation, Waiting for Direction

Ethereum (ETH) Price Watch: Stuck in Consolidation, Waiting for Direction

found at
https://www.newsbtc.com/2018/06/18/ethereum-eth-price-watch-stuck-consolidation-waiting-direction/
on 2018-06-18 07:28:07
Ethereum Price Key Highlights Ethereum has formed lower highs and higher lows to consolidate inside a symmetrical triangle. Price is approaching the peak of the formation so a breakout could be due anytime soon. Technical indicators appear to be hinting at a potential upside break and rally. Ethereum is currently consolidating inside a short-term symmetrical…
The post Ethereum (ETH) Price Watch: Stuck in Consolidation, Waiting for Direction appeared first on NewsBTC.

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Ethereum Price Analysis: ETH/USD Could Extend Declines

Ethereum Price Analysis: ETH/USD Could Extend Declines

found at
https://www.newsbtc.com/2018/06/18/ethereum-price-analysis-eth-usd-could-extend-declines/
on 2018-06-18 07:08:03
Key Highlights ETH price was not able to move above the $510 resistance and is currently under pressure against the US Dollar. There was a break below a crucial bullish trend line with support at $500 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses…
The post Ethereum Price Analysis: ETH/USD Could Extend Declines appeared first on NewsBTC.

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