Archive | October 21, 2017

Ethereum Price Weekly Analysis – ETH/USD Not out of Woods

Key Highlights ETH price is holding a monster support area near $280.00 against the US Dollar. There is a short-term bearish trend line forming with resistance at $301 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the …

Bitcoin Price Weekly Analysis – BTC/USD Buyers In Control

Key Points Bitcoin price spiked this past week and moved above the $6000 handle against the US Dollar. There is a monster bullish trend line forming with support at $5510 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently …

Former Yunbi COO Shares His Outlook for Bitcoin Markets After China’s Crackdown

Lao Mao, the former chief of operations for the Chinese cryptocurrency exchange Yunbi, has posted a statement outlining his outlook for bitcoin’s future both in China and globally moving forward from China’s crackdown. Also Read: Chinese Miners Sell Hardware Amidst Regulatory Uncertainties Lao Mao States That China’s Recent Regulatory Maelstrom Will “Only Leave a Small Mark” […]

Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Capped

Key Points Bitcoin cash price is holding a major support area above $300 against the US Dollar. There is a crucial bearish trend line forming with resistance at $365 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair has to clear the $36…

Could Bitcoin’s Bubble Lead to Long Crypto Winter? – CoinTelegraph

CoinTelegraphCould Bitcoin’s Bubble Lead to Long Crypto Winter?CoinTelegraphA year after the block reward halving, with media buzzing about Bitcoin, and a multifold increase in price – this is not just a description of 2017 but also perfectly fits 2013. After the block reward halving in 2012, the price of Bitcoin shot up …Using Bitcoin to […]

With Bitcoin’s Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes’ Rich List – Bitcoin News (press release)

Bitcoin News (press release)With Bitcoin’s Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes’ Rich ListBitcoin News (press release)Bitcoin’s recent spike above $6000 USD has elevated the estimated value of Satoshi Nakamoto’s holdings to more than $6 billion USD, qualifying the anonymous creator of bitcoin for Forbes’ list of richest individuals. At current bitcoin […]