June 30, 2019

Litecoin Price Jumps 13 Percent as Breakout Bitcoin Slows Down

June 30, 2019 boss

Litecoin price(LTC) was trading at $134.47 by 09:30 UTC on Sunday, up 13.03 percent on a 24-hour adjusted timeframe. The move uphill pushed Litecoin’s market capitalization to approx $8.18 billion, or 2.36 percent of the net cryptocurrency market valuation. At its top, Litecoin’s market worth was $19.9 billion. Litecoin is trading in a range defined by $146 and $110 on Coinbase exchange in the last 24 hours. Earlier last week, the cryptocurrency established a cycle low of $109.09 upon finishing a 5-day losing streak of up to 25.58 percent. The…

Analysts Await Bitcoin (BTC) to Fall, Despite 20% Bounce From $10,400 –

June 30, 2019 boss

Bitcoin Poised to Draw Down? Ever since falling by $3,000 to $10,400, Bitcoin (BTC) has done its best to get back on its feet. So far, it has done rather well, actually hitting $12,400 earlier this week, which is 20% from the local bottom. As of the time of writing this article, the cryptocurrency sits at $11,700, seemingly finding a foothold in this range. Despite this short bout of stability, which is a far cry from the volatility seen over recent weeks, some analysts are wary about an impending pullback,…

Analysts Await Bitcoin (BTC) to Fall, Despite 20% Bounce From $10,400 –

June 30, 2019 boss

Bitcoin Rebounds Nicely, BTC Bulls Sighting Next Crucial Break

June 30, 2019 boss

After a nasty upward move, bitcoin price corrected below $12,000 against the US Dollar. The price towards the $10,400 support and recently started a fresh increase above $11,500. There is a major contracting triangle forming with resistance near $12,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to break to the upside above the $12,400, $12,500 and $12,800 resistance levels. Bitcoin price is showing a lot of positive signs above $11,600 against the US Dollar. BTC could continue to gain momentum once…

Ethereum Price Weekly Forecast: ETH Eyes Fresh Increase Above $340

June 30, 2019 boss

ETH price completed a downside correction near the key $275 support area against the US Dollar. Bitcoin price is back above the $12,000 level and is signaling a strong bullish momentum. There is a key ascending channel in place with support near $310 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it could even surpass the main $340 resistance area. Ethereum price is slowly moving back in a positive zone against the US Dollar, similar to bitcoin. ETH is likely…

Analyst: Bitcoin (BTC) Closing Weekly Above $11,500, Sets Stage for 20% Boom

June 30, 2019 boss

Bitcoin Needs to Hold This Level to Head Higher Surprisingly, Bitcoin (BTC) has managed to recover after the $3,000 collapse earlier this week. As of the time of writing this, the cryptocurrency is right back up to $11,800, down 3% in the past 24 hours. With this recovery from $10,400, some have begun to suggest that bulls have the momentum once again, making it likely that BTC is poised to test $13,800 yet again. One analyst, however, recently explained that Bitcoin isn’t home free just yet. Per a recent tweet…

A Partner at Binance Labs Expresses Optimism Over Facebook’s Entry Into Crypto With Libra

June 30, 2019 boss

Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, with such tremendous reach and distribution, into all different countries around the world – having them be interested in cryptocurrency and launching one is a very very positive thing for our industry. It brings a ton of awareness to people who have never heard of cryptocurrency.” Binance is one…