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Tag Archives: LTC

Ethereum Price Analysis: ETH/USD Targets New Highs

Key Highlights ETH price found a strong support around the $525 level and recovered against the US Dollar. Yesterday’s highlighted important bullish trend line is intact with support at $518 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it may perhaps target a new high above the $545 level. Ethereum ...

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Pantera Capital’s Hedge Fund Underperformed Against Bitcoin Last Month

Crypto hedge fund Pantera Capital has said that its fund was outperformed by the Bitcoin price last month as market prices continued to decline. Diversity Isn’t Always the Answer Dan Morehead, CEO of Pantera Capital, wrote his findings in an investment letter yesterday. According to a report from Bloomberg, Pantera Capital’s Digital Asset Fund dropped 26 percent in May. Year-to-date, the ...

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Bitcoin Price Watch: BTC/USD Testing Crucial Support

Key Points Bitcoin price started a downside correction after trading as high as $6,849 against the US Dollar. There is a major bullish trend line formed with support near $6,560 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair should stay above the $6,550 support and the 100 hourly simple moving average to remain in ...

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Vietnam Internet Crackdown Damages Plans to Become Blockchain Hub

Vietnam legislators approved a cybersecurity bill on June 12 putting tighter rules on tech companies from the start of 2019. Vietnam has been recognised as a potential hub for blockchain activity but doubts still remain over regulatory uncertainty. New Cybersecurity Bill Approved The new bill requires tech companies to hold important personal data locally which means they will need to ...

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Crypto Miners Embrace Cheap Power in Europe’s Poorest Country

In Kosovo, Europe’s poorest country, there are few job opportunities for a population of which 50% are under 25 and most adults in the country wish to go abroad to work away from rampant corruption and cronyism. There is at least one positive asset though, cheap electricity. For a select few tech-savvy English speaking entrepreneurs who can pool together enough to ...

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Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin Price Key Highlights Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume. Bitcoin price made a short-term upside break but still faces several upside hurdles before ...

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Bitcoin Price Watch: BTC/USD Could Recover Further

Key Points Bitcoin price started an upward correction from the $6,131 low against the US Dollar. There was a break above a major bearish trend line with resistance at $6,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could move further above the $6,600 level if buyers remain in action in the near term. ...

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Bitcoin (BTC) Price Watch: One Downside Break After Another

Bitcoin Price Key Highlights Bitcoin price has broken below one triangle after another as bearish momentum strengthens. Price is now trading below the descending triangle bottom of $6,700 after previously falling below the symmetrical triangle. This signals that further losses are underway, but oscillators suggest otherwise. Bitcoin price keeps tumbling below one support after another, but oscillators signal a possible ...

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