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Tag Archives: BTC

Etherscan Introduces New Features to Improve Appeal of Decentralized Exchanges

The world of cryptocurrency is always evolving. Existing service providers need to introduce new features on a regular basis. Etherscan is working on some new tools which seem quite appealing. This most recent update also shows the decentralized exchange ecosystem related to Ethereum is growing rather quickly. More Tools for Etherscan Users Most cryptocurrency users rely on Etherscan to track ...

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Ethereum Price Analysis: Can ETH/USD Continue Higher?

Key Highlights ETH price gained traction and moved above the $690 and $700 resistance levels against the US Dollar. There is a key connecting bullish trend line formed with support at $704 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to stay above the $704 support and the 100 hourly simple moving average to move ...

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Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households

The government of French Polynesia, an overseas collectivity of France in the South Pacific, is supporting a pilot program aiming to develop an off-shore housing that uses its own currency and operates outside of government regulations. The project is funded by a company called Blue Frontiers, which is planning to launch an initial coin offering dedicated to its cryptocurrency Varyon. ...

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Bitcoin Cash News | CNBC’s Poll Favors BTC over BCH

CNBC’s poll was another blow to Bitcoin Cash enthusiasts on top of an already declining coin price. Bitcoin Cash price declined at a robust pace in the last two weeks despite its anticipated hard fork event. The fourth largest coin traded below $1,200 today for the first time this month. BCH coin had hit a three-months-high of $1,800 on May ...

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Bitcoin Price Analysis: BTC Poised for $9,000s Amid Weak Lows

A short-lived rally gave eager bulls false hope as the the market attempted to break back into the trading range (TR) outlined in last week’s BTC Market Analysis. As noted in our last discussion, a break back into the TR would be considered a period of evaluation and an inability to maintain support within the TR would likely lead to ...

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Alibaba Founder Jack Ma Calls Bitcoin (BTC) a Bubble

The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC). “There is no bubble for blockchain, but ...

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Ripple Price Analysis: XRP/USD Reached Turning Point

Key Highlights Ripple price declined once again and broke the $0.6800 support level against the US dollar. There is a major bearish trend line forming with resistance at $0.6800 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently testing a key support area near $0.6470, which could produce an upside correction. Ripple price ...

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Tron (TRX) Price Watch: Waiting for a Breakout

Tron is still stuck in consolidation as it formed a symmetrical triangle on its 1-hour chart. Price is currently testing the triangle support and could be due for a bounce back to the resistance at 0.07000. However, the 100 SMA is below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other ...

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Ethereum Price Analysis: Can ETH/USD Recover Further?

Key Highlights ETH price found support near the $677 level and started an upside correction against the US Dollar. There was a break above a contracting triangle pattern with resistance at $700 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now moving higher and it may test the $725 and $730 resistance levels in the ...

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