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Tag Archives: Ether

Bitcoin (BTC) Price Watch: Trend Line Break and Correction

Bitcoin Price Key Highlights Bitcoin price recently broke above a short-term descending trend line as an early reversal signal. Price reached the $6,650 level then made a pullback to the broken resistance, which lines up with the Fibs. Technical indicators also suggest a continuation of the reversal. Bitcoin price broke above its descending trend line and is making a retest ...

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Ripple Executive Says the Company is Eyeing an Expansion into China

A Ripple executive has said that the distributed payments service provider is looking to expand their operations in China. However, it seems unlikely that such a move would translate into greater usage of the platform’s digital currency, XRP. Banks Love Ripple but Have Little Interest in XRP The vice president of Ripple’s strategic accounts in Europe, Jeremy Light, stated that ...

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Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

Key Highlights Ripple price recovered nicely and moved above the $0.2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps break the $0.2900-0.3000 resistance area for more gains in the near term. ...

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Bitcoin (BTC) Price Watch: Bullish Divergence Spotted

Bitcoin Price Key Highlights Bitcoin price is still hovering above the long-term support around the $6,000 area. A bullish divergence can be seen, suggesting that a bounce may be in order. Moving averages, however, still indicate that more losses are in the cards. Bitcoin price is still testing the long-term floor, and a bullish divergence signals that a bounce may ...

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Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. Crypto market valuation chart, provided by CoinMarketCap.com What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the ...

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Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number. Those transfers happen simultaneously, and the company claims it can process up to a million transactions per second, solving blockchain’s scalability issue. Does it mean the ...

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Ripple Price Analysis: XRP/USD Could Decline To $0.2600

Key Highlights Ripple price extended losses and traded below the $0.3000 support level against the US dollar. There is a key bearish trend line forming with resistance near the $0.3040 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses below the $0.2900 and $0.2800 support levels in ...

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Researchers Identify 15,000-Strong Botnet Scamming Crypto Twitter

Cybersecurity firm Duo Security has released an analysis of the botnets of Twitter. During a lengthy paper on the topic, the team behind the research identified over 15,000 bots devoted to scamming users out of cryptocurrency. Duo Security Provide the Tools to Fight Back Against Botnets Researchers at Duo Security have identified a massive botnet attempting to scam Twitter users ...

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