Category: News

Litecoin Price Technical Analysis

Litecoin Price Technical Analysis for 08/12/2015 – Primed For Lift-Off No Comments

Key Highlights Litecoin's price broke a major bearish trend line on the hourly chart (data feed from Bitfinex), and looks set for more upsides. The price is trading near a major support area of $3.50, where buyers are likely to take a stand. The price also broke an ascending channel formed on the hourly chart (data feed provided by HitBTC), as highlighted in yesterday’s post. Litecoin...


Montego to acquire Blockchain Technology Group No Comments

Montego Resources Inc. is set to acquire all of the issued and outstanding securities of blockchain technology and financial solutions provider Blockchain Technology Group Inc. (BTGI). “In consideration for the BTGI shares, on closing, the company will issue to the BTGI shareholders a total of 11 million common shares of the company, all of which will be subject to escrow and released over a ...


Bitcoin Price Watch; Here’s What’s On Today No Comments

In today’s Bitcoin price watch piece, we are going to mix things up a bit. We will incorporate a combination of our intraday and our breakout strategies, with the goal of getting in to a trade regardless of what type of action we see in the Bitcoin market. It was a pretty tough night, with choppy action putting us in to a short trade early this morning, but the price quickly reversed to trade...


neucoin price news. testing monthly lows. newsbtc

Neucoin Price Technical Analysis for 8/12/2015 – Ready to Test Trend Line? No Comments

Neucoin Price Key Highlights Neucoin prices recently broke below a near-term support area, signaling that a downtrend might be underway. Connecting the latest highs of the Neucoin price action on the short-term time frame confirms that a selloff is taking place. Neucoin prices could make another test of the descending trend line, which coincides with the broken support area around 0.00002...


Trade More Bitcoin Pay Less Fee Coinbase. newsbtc bitcoin news.

Trade More Bitcoin, Pay Less Fee: Coinbase No Comments

San Francisco-based Bitcoin exchange Coinbase has announced a volume-based rebate system for trades put on their platform. The offering, which will come into effect from next week, was announced today via an official blog-post. The company will continue to implement the maker-taker fee structure on the trades, but the traders will receive daily rebate benefits from trading more bitcoins on the ...


Bitcoin Price Uptrend Hurdled By The 1 x 1 Gann Angle

Bitcoin Price Technical Analysis for 8/12/2015 – Hitting the Ceiling! No Comments

Bitcoin Price Key Highlights Bitcoin's price has been trending higher, recently completing a corrective wave and reaching one of the Fibonacci extension levels indicated in an earlier article. The price is now testing the ascending channel's resistance visible on the 4-hour chart and might be due for a move back towards support, again. Bitcoin prices could be in for a quick selloff from h...


dogecoin price can the buyers make it. newsbtc dogecoin news

Dogecoin Price Technical Analysis For 08/12/2015 – Can Buyers Make it? No Comments

Key Highlights Dogecoin's price is trading near a major pivot area of 33-34 satoshis and struggling to break it. There is a bearish trend line formed on the hourly chart (data feed from HitBTC), which is protecting an upside break. The last support area at 32 satoshis is acting as a resistance now along with the 100 hourly simple moving average. Dogecoin's price is currently correcting ...


bitcoin price $400 is inevitable. newsbtc bitcoin news

Bitcoin Price Reaches $400; Breakout On! No Comments

In this morning’s bitcoin price watch article, we noted the levels that we would be focusing on during today’s European session. The levels in focus were in term resistance at $400 flat (weekend highs) and in term support at $382.77 – the most recent swing low, tested and held on numerous occasions. Action has now matured across the European afternoon, and these levels look to remain relevan...


Daily Volume in Bitcoin Yuan Pair Best in 6 Months. newsbtc bitcoin news service.

Daily Volume in Bitcoin-Yuan Pair Best in 6 Months No Comments

Yes, you read that right! The daily volume in the Bitcoin-yuan pair on the leading Chinese Bitcoin exchange BTCC has soared to more than double what the volume was in the past 6 months. During this period, the price of the pair first reached a stratospheric valuation of 3,340 and then immediately tanked to 1,810. The volume in the subsequent recovery has been strong, as well. The level has quic...


Who will win this battle. US Dollar or Bitcoin. newsbtc bitcoin news

Who Will Win This Battle: US Dollar or Bitcoin? No Comments

,Janet Yellen the Chair of the US Federal Reserve, is expected to announce the lift-off of interest rates from historic lows in its December 15 meeting. A better-than-expected jobs report also raised confidence that the US economy is primed for higher interest rates. But, how does that concern the Bitcoin ecosystem? To understand this in a simple way, let us see how Bitcoin has performed agains...


Here are the YTD returns of Bitcoin, Litecoin, and Dogecoin. newsbtc

Here are the YTD returns of Bitcoin, Litecoin, and Dogecoin No Comments

Cryptocurrencies such as Bitcoin, Litecoin, and Dogecoin are known for their dangerous volatility, but have they generated any returns in 2015? Barring Dogecoin, which generated negative returns, the other two have generated phenomenal returns year-to-date (YTD) for investors. Let review each of them below. Bitcoin – A Wild Ride It Has Been! Image Year-to-date: 24% Bitcoin witnes...


bitcoin price soars. bitcoin price illustration. newsbtc bitcoin news

Bitcoin Price Soars; More Upside on the Cards? No Comments

The bitcoin price has been relatively stable over the last few days, but as per our standard trend, the action we have seen over the weekend looks to have injected some volatility into the space. The bitcoin price gained strength over the weekend, and hit overnight lows on Sunday night just shy of $400 flat – a level not seen in a little while. So with this said, and as we head into a fresh w...


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