Category Archives: newsbtc.com

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

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 industries.Bitcoin Network is… Read More »

Ripple Price Analysis: XRP/USD Sights Downside Break

Key HighlightsRipple 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 for more losses in the near… Read More »

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

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 Factor Capital, said that although… Read More »

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

Ethereum Price Key HighlightsEthereum 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 triangle with the possibility of an upside… Read More »

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

FOMO MomentsCurrent 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 six weeks ago. Bitcoin is… Read More »

Ethereum Price Analysis: ETH/USD Could Extend Declines

Key HighlightsETH 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 as long as it is below… Read More »

Bitcoin Cash Price Analysis: Can BCH/USD Hold $825?

Key PointsBitcoin cash price struggled to settle above the $900 level and declined against the US Dollar.There is a major bearish trend line formed with resistance at $850 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair is currently finding it hard to hold an important support area near $825.Bitcoin cash price started a… Read More »

Bitcoin (BTC) Price Watch: Eyes on This Consolidation Pattern

Bitcoin Price Key HighlightsBitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart.Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern.Price is nearing the peak of the formation to signal that a breakout in either direction is due soon.Bitcoin price is consolidating… Read More »

“Bitcoin (BTC) Prices Yet To Hit Rock Bottom”: Bitcoin (BTC) Technical Analysis (June 18, 2018)

With every slide in the cryptocurrency market, Bitcoin dominance increases. As a matter of fact, Bitcoin ball park control stands at 40 percent in the last seven days or so. That’s when bears took more than $30 billion despite supportive news from the SEC. Going forward, it could be worse for cryptocurrency portfolios because any break below $6,000… Read More »

Another Bug Wipes $200 Million Off EOS: IOTA, EOS, Litecoin, Stellar Lumens and Tron Technical Analysis (June 18, 2018)

Despite our buy projections, sell pressure is evidently strong and quickly reversing previous gains. Even though most coins as Stellar Lumens, IOTA and Litecoin are still trending within June 14 anchor candlestick, it’s very possible that bears might break lower and align with the general bear trend. That’s patience and waiting for right trigger levels to be hit… Read More »