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Bithumb Adds Five New Altcoins to its Exchange, Price Pumps Expected

Bithumb has announced in a Tweet today that it will add five new cryptocurrencies to their trading lineup which may result in trading price spikes for all. Bithumb adds Five New Currencies to its Exchange One of the largest South Korean cryptocurrency exchanges Bithumb took to Twitter earlier to let its over 200,000 followers know that they have added five new ...

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Bitcoin Price Watch: BTC/USD Made Sharp U-Turn

Key Points Bitcoin price failed to capitalize above $8,800 level and declined sharply against the US Dollar. BTC/USD broke this week’s ascending channel with support at $8,500 on the hourly chart (data feed from Kraken). The pair settled below a key support at $8,400 and the 100 hourly simple moving average. Bitcoin price made a sharp U-turn from $8,800 against ...

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Microsoft’s Bing to Remove all Cryptocurrency Ads, Industry Impact is Minimal

Various technology companies do not take kindly to cryptocurrency ads. Google has banned such advertisements in the past. Facebook took a similar stance not that long ago. Now Microsoft is barring all related advertisements from its Bing search engine. None of these developments are positive, yet they aren’t the issue for any recent cryptocurrency price dip. Bing Gets rid of ...

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Cardano Price Analysis: ADA/USD Could Revisit $0.2200

Key Highlights ADA price failed to move above the $0.2800 resistance and declined against the US Dollar (tethered). There was a break below an important bullish trend line with support at $0.2650 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains at a risk of more losses towards the $0.2300 and $0.2200 support levels. ...

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NEO Price Watch: How Low Can It Go?

NEO has been trending lower since breaking below a rising trend line and complex double top. Price has completed its retest of these areas of interest and is setting its sights on the next support zones. The Fibonacci extension tool shows where NEO might head next, with the 38.2% level lining up with the swing low at $58. A break ...

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HTC Announces New Blockchain Powered Smartphone

Taiwanese smartphone maker HTC will introduce their first Blockchain phone to the market in October, the device will be available for purchase with Bitcoin. HTC First Major Blockchain Powered Smart Phone HTC has become the first major producer of smartphones to bring a product to market with dedicated blockchain encryption. The Taiwanese company announced at the Consensus 2018 Blockchain Conference in ...

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Ripple Price Analysis: XRP/USD Turned Short-term Bearish

Key Highlights Ripple price failed to move above the $0.7500 resistance area and declined against the US dollar. There was a break below this week’s ascending channel with support at $0.7200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair declined below the $0.7000 support and moved back in a bearish zone. Ripple price traded ...

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Asian Cryptocurrency Trading Update: Aeternity Defies the Crypto Crash

As if a digital switch has been flipped all cryptocurrencies are plummeting this morning. Markets have hemorrhaged $30 billion in less than 24 hours, dropping below $375 billion, and Bitcoin has led the freefall by shedding almost 6%. BTC is heading dangerously close to the $8k support level, currently trading at $8,240. All altcoins have been dragged into the quagmire, ...

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Ethereum Price Analysis: ETH/USD Nosedives Below $690

Key Highlights ETH price started a sharp downside move and traded below the $700 and $690 supports against the US Dollar. This week’s highlighted key bullish trend line with support at $725 was broken on the hourly chart of ETH/USD (data feed via Kraken). The pair is now back in a short-term bearish zone and it could retest the $660 ...

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Bitcoin Cash Price Analysis: BCH/USD Tumbled Below $1,300

Key Points Bitcoin cash price was not able to move above $1,480-1,500 and declined sharply against the US Dollar. There was a break below a key connecting bullish trend line with support at $1,410 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair even broke the last swing low and it could continue to decline ...

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