Category Archives: newsbtc.com

Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market

Currently, when crypto believers generalize every Wall Street banker to be a Bitcoin critic, a celebrated hedge fund manager and former Goldman Sachs executive changed his perception.Mike Novogratz is a now a name beyond the mainstream finance, and perhaps among the only consistent voices speaking in favor of bitcoin even after its 80 percent-plus drop this year. The… Read More »

Interview: Stephen Innes Says Crypto, Bitcoin to “Grind Higher” Over Next Decade

Just two weeks ago, “cross-asset trader” Stephen Innes, head of Pacific-Asia trading at Oanda, took to Bloomberg TV to convey his thoughts on late-2018’s crypto market tumult. After his short guest appearance on the network, he was quickly classified as a Bitcoin (BTC) bear, due to his expectation that the popular digital asset could fall below $2,500. Yet, through the medium of… Read More »

Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed”

Although Bitcoin (BTC) has experienced an unquestionably dismal 2018, with BTC losing 80% of its value since its year-to-date high, there are still a number of skeptics hell-bent at putting the crypto industry six feet under. Case in point, the chief of a world-renowned financial institution, set in its traditionalistic ways, recently lambasted this nascent asset class, urgently… Read More »

South Korean Crypto Exchange Launches Ripple Powered Remittance Service

South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone.‘Cross’ For Faster and Cheaper Cross Border RemittancesThe service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange. The service aims to facilitate faster and cheaper remittances… Read More »

Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

FOMO MomentsCrypto markets are still falling; Bitcoin SV, Stellar, and Iota in pain, Binance Coin staying afloat.The bears are still exerting their control over crypto markets as the downward slide continues. Total market capitalization has dropped back below $110 billion and is heading back towards a new yearly low.Bitcoin has failed to register any gains on the day… Read More »

Crypto Market Update: Litecoin (LTC), Bitcoin Cash, Tron (TRX), ADA Price Analysis

Key PointsThe total crypto market cap extended declines and tested the $102.00B level.Litecoin (LTC) price is struggling below the $30 resistance, with a bearish angle.Bitcoin cash price is currently consolidating near the $100 level.Tron (TRX) is currently flat near the $0.0132 level, with range moves.Cardano (ADA) price declined below the $0.0300 support level.Bitcoin cash traded above $100 and… Read More »

Ripple Price Analysis: Break Above 100 SMA Could Push XRP Higher

Key HighlightsRipple price declined recently and traded towards the $0.2910 level against the US dollar.This week’s followed major bearish trend line is in place with resistance at $0.2975 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair must break the $0.3000 resistance and the 100 hourly simple moving average to gain traction.Ripple price remains… Read More »

Ethereum Price Analysis: ETH Breaks Key Support, More Losses Likely

Key HighlightsETH price failed to hold the key $88 support and declined recently against the US Dollar.Yesterday’s highlighted major contracting triangle was breached with support at $88 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to decline further and upsides remain capped near the $90 and $92 levels.Ethereum price extended losses recently against… Read More »