Day: June 16, 2017

NewsBTC Creditbit1

Creditbit’s Future Looks Promising in the Light of Current Trends No Comments

Going by the current trend for Creditbit, the future of the crypto looks quite promising. Creditbit is continuing its positive run and is speculated to cross many more milestones. The current statistics for CRB are nothing short of impressive. The trading volume is well past 1m USD, and the market cap has crossed the $15m milestone. The market cap is well beyond the target of $10m which was being ...


bitcoin price. falling wedge sighting. newsbtc

Fallling Prices, Bitcoin Accompanied by Ethereum and Tech Stocks No Comments

Bitcoin, the leading cryptocurrency with record breaking performance until last week has started down a downhill slope. The cryptocurrency's price has fallen from the record $3000 to less than $2500 as the cryptocurrency exchanges continue to struggle with technical issues. Also, the ongoing scalability debate has caused significant uncertainty among the community members as well. Making matter...


Bitcoin Price Watch; Here Are This Weekend’s Key Levels No Comments

So there we go, another week out of the way in our bitcoin price trading efforts. Often, when we hit Friday evening, we are able to look back at the week and note much fun it's been jumping in and out of the markets, picking up profits here and there. This week, that's very much not the case. The bitcoin price has been something of a bloodbath. We've seen a pretty severe correction on the...


Roger Ver: “Bitcoin’s Genesis Block was the First Cryptocurrency ICO” No Comments

There is no shortage of controversial opinions on Bitcoin these days. Contrary to what people may expect, not all of these opinions come from outside of cryptocurrency. Roger Ver, a person who has been tweeting some strange things lately, has made yet another disturbing statement. In his opinion, the Bitcoin Genesis block was an ICO. It is impossible to compare these two, though, as no money was r...


skincoin

Skincoin Aims to Become an Irreplaceable Cryptocurrency in the Online Gaming Market No Comments

The online gaming and eSports industry have a lot of fan following. The market players in the segment rarely shy away from using the latest of the technologies. Realizing the opportunity and to further add value to the sector, Alexey Zakharov and Igor Solomatin have introduced Skincoin. Skincoin is a unique cryptocurrency, designed exclusively for the online gaming community. The Skincoin token...


Coinbase Freezes the Free Ross Account and Holds 16.5 BTC Hostage No Comments

The year 2017 has not been overly kind to the Coinbase exchange platform. Multiple outages and delayed transactions have caused a lot of friction between company and customers. It now appears the company froze the Free Ross Ulbricht account as well for some unknown reason. As a result, 16.5 BTC is trapped in limbo, which would have been used to pay for Ross' defense lawyers. So far, Coinbase has n...


Bitcoin Price Watch; Finally Some Reprieve… No Comments

After a pretty rough overnight session in the bitcoin price, it looks as though we are finally getting some reprieve on the correction that has dominated this week's action. This isn't to say we have seen the last of it, there is every chance that it might continue and that this could just be a small bounce, but for now, at least, it looks as though the worst of it is over. This means that we c...


DASH/USD and LTC/USD Technical Analysis June 16, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 16. DASH/USD DASH continue to sell off during the session on Thursday after initially trying to break above the $160 level. As I record this, the market is testing the $140 level, but quite frankly I think that there is more significant support at the $130 level below. Crypto currencies continue to sell off drastically, and of course ...


ETH/USD and ETH/BTC Technical Analysis June 16, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 16. ETH/USD Ethereum continues to sell off, as the Wednesday session was just as bad as the Tuesday session. We tested the $280 level, but quite frankly I think we go farther to the downside from here. This chart has been parabolic for some time, and because of that the selling becomes vicious. I would need to see some type of stabili...


BTC/USD and BTC/JPY Technical Analysis June 16, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook June 16. BTC/USD Bitcoin continues to sell off against the US dollar, reaching as low as $2200 during the day on Thursday. The market looks as if it is going to test the 2000 level by the time it said and done, and as a result it’s very difficult to jump in and start buying here. I would need to see some type of supportive candle to do s...


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