Month: August 2019

Bitcoin Hits $10.5K in Minutes as Keiser Says Price ‘About to Explode’

boss

Monday, Aug. 26 — Bitcoin (BTC) prices temporarily passed $10,500 as the largest cryptocurrency started the week in a bullish mood. Market visualization. Source: Coin360 Margin traders to blame for price volatility? Data from Coin360 revealed an abrupt change from sideways trading over the weekend, with Bitcoin gaining hundreds of dollars in a matter of minutes on Monday.  Having lingered either side of $10,000 for the past three days, BTC/USD suddenly shot up to more than $10,600 on some exchanges before settling at about $10,350. The latest action brings Bitcoin…

Bitcoin (BTC) Price Flirts With Key Resistance After Recent Rally

boss

Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar. The price is clearly struggling to gain strength above the key $10,500 resistance area. There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is correcting gains and it is testing the broken trend line and the $10,250 support. Bitcoin price is showing signs of a decent recovery above $10,200 against the US Dollar. However, BTC is…

Crypto Market And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis

boss

The total crypto market cap climbed higher, but it failed to surpass the $272.0B resistance. Bitcoin price surged around 5%, but it was rejected near the $10,500 and $10,600 resistance levels. EOS price settled above the $3.600 level and it is facing hurdles near the $3.700 and $3.800 levels. Binance Coin (BNB) is still trading in a bearish zone below the key $27.50 pivot level. BCH price is trading nicely above the $305 and $310 supports, but struggling near $320. Tron (TRX) price is under a lot of pressure and…

Ripple Price (XRP) Hesitates But Further Recovery Seems Likely

boss

Ripple price is holding the $0.2650 support and is correcting higher against the US dollar. Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area. There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to extend its recovery towards the key $0.2900 and $0.2920 resistance levels. Ripple price is showing signs of a decent recovery against the US Dollar, but struggling vs bitcoin. XRP price might climb…

Ethereum Price (ETH) Rally Could Face, Bitcoin Up 5%

boss

ETH price is currently correcting higher and is trading above the $190 level against the US Dollar. The price is still trading well below the key $195 resistance area. There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken). The pair is struggling to continue above $192 and $194, and it might decline again. Ethereum price is facing a lot of selling interest versus the US Dollar and bitcoin. ETH remains at a risk of a fresh…

Crypto News From Japan: Week in Review

boss

Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as bullish on blockchain technology. The Bank of Japan is keen on blockchain tech Japan’s central bank, the Bank of Japan, is bullish on blockchain technology and is purportedly unconcerned with cryptocurrencies as a source of…

Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language

boss

Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, and a recurring payments contract. Also read: Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator BCH Developers Are Innovating With Cashscript Bitcoin Cash (BCH) development is in full swing and over the last…

After Switzerland Visit, Crypto Concerns Remain for US Regulators

boss

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory agencies and lawmakers. These included the State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority. As announced earlier this month, the representatives aimed to clarify how various Swiss authorities…

Crypto-Obsessed AI Gets Drunk, Claims Ripple Surged to $9

boss

By CCN Markets: With all this talk about bitcoin, you might be surprised to learn that the ripple price quietly executed the most spectacular single-day rally in the crypto industry’s history. The rally was so quiet, in fact, that it was ignored by every crypto price tracker, news blog, and armchair analyst. Except one. Report: Ripple Rallied 3,400% & You Probably Didn’t Notice It Did you know the ripple price briefly flirted with $10 last week? Neither did I.| Source: Investing.com via Archive.org According to a now-deleted article from Investing.com…

Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter

boss

Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to tip on ad-free video platform Vimeo and social news site Reddit, using Brave’s native Basic Attention Token (BAT). BAT tipping option on Reddit. Source: Twitter BAT is up about 4.6% over the past 7 days at press time, trading at $0.192, according to CoinMarketCap. The tipping feature on Reddit and Vimeo comes…