Day: November 27, 2018

Ethereum Classic Price Analysis: ETC/USD At Risk Of Break Below $4.00

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Key Highlights Ethereum classic price is under pressure below the $5.00 resistance against the US dollar. There is a major bearish trend line formed with resistance at $4.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to struggle above $4.50 and it could even break the $4.10 low in the near term. Ethereum classic price declined further against the US Dollar and Bitcoin. ETC/USD could accelerate losses below $4.10 and $4.00 if it fails to climb above $5.00. Ethereum Classic Price Analysis…

ETH/USD Price Hover above $100, Risk of $38?

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Latest Ethereum News Thing is, Ethereum is designed as a world’s super computer. It can work in isolation as a crowd funding and a dApp building platform where investors can get in via fiat-crypto on ramps as a means of direct investment in promising products. At the same time, companies can build their systems over Ethereum thanks to the underlying security and efforts by the team to solve scalability and further bolster the network security despite slumping ETH prices. But even in the midst of this bullish development as companies…

Why 2019 Could Be Its Year

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An established digital asset exchange has announced it is holding a summit in Singapore to explore new opportunities in the marketplace – creating a platform where crypto enthusiasts can detect industry trends and debate what the future holds after a volatile year. Bibox, an exchange enhanced by artificial intelligence (AI,) is hosting a summit on Nov 29, and hopes the event will give investors an insight into the strategic changes that lie ahead in 2019. The company says that token bonds are likely to take center stage at the day-long conference,…

SEC Commissioner Comment on Bitcoin ETF

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Latest Bitcoin News At spot prices, Bitcoin and the altcoin market need a catalyst, something that investors have been waiting for. And from the look of things, the SEC approving any of the nine Bitcoin ETF proposals mean indirect regulation of the space and the automatic entry of institutions as well as other high net-worth investors desirous of regulation. That may be a long short and a possibility that might rub Bitcoin and crypto maximalist the wrong way but according to Hester Peirce—while talking in a recent podcast, a SEC…

Ripple Price Analysis: XRP/USD Could Resume Decline Below $0.34

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Key Highlights Ripple price failed to move above the $0.3900 and $0.4000 resistance levels against the US dollar. Yesterday’s crucial bearish trend line is active with resistance at $0.3620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline once again as long as it is below the $0.3620 and $0.3720 resistances. Ripple price failed to gain traction above key resistances against the US Dollar and Bitcoin. XRP/USD is likely to slide again below $0.3400 in the near term. Ripple Price Analysis Yesterday, we…

Hong Kong’s 2nd Largest Terminal Operator Adopts Blockchain

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Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Modern Terminals, the second largest container terminal operator in Hong Kong, has joined the TradeLens project, a blockchain-enabled technological solution developed by Maersk and IBM. The TradeLens ecosystem – writes Modern Terminals in its press release – seeks to digitize and streamline processes in the global supply chain to deliver higher efficiency and lower cost. It includes more than 20 port operators and terminals around the globe,…

Ethereum Price Analysis: ETH/USD Resumes Decline Below $110

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Key Highlights ETH price failed to break the $119 resistance level and later declined against the US Dollar. There is a crucial bearish trend line in place with resistance at $113 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend the current decline below the $105 and $102 support levels. Ethereum price failed to gain traction and declined against the US Dollar and bitcoin. ETH/USD could even break the $98 low and extend losses in the near term. Ethereum Price Analysis Yesterday, we…

Crypto Exchange Giant Binance Creates Combined Stablecoin Market

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Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. Interesting moves are afoot in stablecoin land. Major crypto trading platform Binance, which is the top exchange by volume – doing nearly twice the 24-hour volume of its nearest competitor at time of writing – has announced that it is creating a new unified stablecoin market. While they haven’t released full details on this new market, we do know that USDT will be part of it,…

Still, there is no sign to suggest that the Bitcoin sell-off is over

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On Sunday Bitcoin broke below $4,000 to extend its crash in 2018 to within striking distance of its worst bear markets. The top crypto coin lost as much as 17 percent on Monday to trade at $3,523 meaning it had lost over 80 percent from its December 2017 peak of almost $20,000. Also, the other top ten crypto coins registered significant losses with Monero losing as much as 21 percent. However, the scary thing is that still there is no sign to suggest the Bitcoin sell-off is over. Still, the…

Bitcoin Cash Price Analysis: BCH/USD Could Climb Again Above $200

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Key Points Bitcoin cash price traded higher recently, but it failed to stay above $200 against the US Dollar. There is a key bullish trend line formed with support at $170 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to climb higher once again above $185 as long as it is above $170. Bitcoin cash price is trading with a positive bias above $160 against the US Dollar. BCH/USD must settle above $185 and $200 to gain bullish momentum. Bitcoin Cash Price…