Category: News

Bitcoin Price Watch; Here's what we're looking at.

Bitcoin Price Watch; Here’s What We’re Watching No Comments

Once again, we enter a fresh weeks’ trading in the bitcoin market. Its been a strange few weeks, and with all the volatility we have experienced, it would be easy to say lets just sit out of today’s action and wait until things settle down a bit. No fun in that, however. Volatility brings breakouts, and breakouts bring us entry signals. It might be getting difficult to form a directional bias,...


bitcoin, fiat, US Dollar

It is the US Dollar, Not Bitcoin, That Is Mostly Used In Money Laundering!! 1 Comment

Even though retail bank fanatics and policy makers always blame the anonymity of bitcoin and claim that it is why bitcoin can be used in money laundering, the fact is that Fiat cash is the ultimate form of anonymous currency. Researchers have proven recently that the US $100 bill is the most commonly used currency for laundering the revenue of illicit activities. Professor Edgar Feige believes ...


Litecoin Price Technical Analysis - perfect bearish break. newsbtc litecoin price news

Litecoin Price Technical Analysis for 16/11/2015 – Perfect Bearish Break No Comments

Key Highlights The Litecoin price declined recently and broke an important triangle pattern formed on the hourly chart (data feed from Bitfinex). The price also settled below the 100 hourly simple moving average (MA), which is a bearish sign. The broken support area at $3.20-30 may now act as a resistance for buyers moving ahead. Litecoin price broke a critical support area to ignite a ...


Dogecoin Price Technical Analysis - Dangerously Near Range Support. newsbtc altcoin news

Dogecoin Price Technical Analysis for 16/11/2015 – Risk of Further Losses No Comments

Key Highlights The Dogecoin price is finding it hard to get a reason for a move higher, as it remained under the bearish pressure. There is a bearish trend line formed on the 30-mins chart (price feed from CEX.IO), suggesting a downside move. There is a possible false spike higher noted on the hourly chart of the price feed provided by HitBTC. Dogecoin price remains at a risk of further...


Ethereum Price Technical Analysis. rising wedge forming. newsbtc ethereum price news

Ethereum Price Technical Analysis for 16/11/2015 – Rising Wedge Forming No Comments

Ethereum Price Key Highlights Ethereum price is gradually trending higher but there are still some signs of consolidation, creating a rising wedge pattern on its 1-hour time frame. Price is currently hovering near the wedge support, as buyers and sellers try to decide whether a bounce or a break is in order. Ethereum price is still picking a direction, with a slight bias to the upside, as...


bitcoin price. bearish market. newsbtc bitcoin price news

Bitcoin Price Technical Analysis for 16/11/2015 – Bears, Watch Out! 2 Comments

Bitcoin Price Key Highlights Bitcoin price has been on a steady decline, erasing most of its sudden gains from earlier in the month. Although bears still seem to be in control, selling pressure could fade once bitcoin price hits support at the $300 mark. Bitcoin price could be due for a quick bounce if profit-taking takes place around the nearby major support zone. Breakdown Possible?...


BitHappy. newsbtc bitcoin startup news

BitHappy — The Next Generation of Bitcoin Ecommerce is here 1 Comment

BitHappy, a new bitcoin browser brings both digital currency and ecommerce together on the same page. The platform calls itself the first bitcoin browser in the world which enables people and businesses to sell things online for bitcoin. Unlike other ecommerce platforms, BitHappy allows anyone to list the things that they want to sell online and accept money in the form of bitcoin from their custo...


First Global Credit Announces New Bitcoin Trading Competition No Comments

Now that bitcoin is once again trading over 300 many feel there is good reason to hang onto a long position in the currency. But if you have bitcoins, wouldn’t it be great if you could hold onto them while simultaneously using them to pull in even more profit? First Global Credit, a digital economy investment company is hosting a trading competition on their platform to allow new traders to expe...


bitcoin deflationary spiral double edged sword

Bitcoin and the Deflationary Spiral – a Double Edged Sword 8 Comments

There have been multiple mentions of bitcoin ending up in a deflationary spiral on the long run. At a bird’s eye view for a layman, it sounds true. However, if one takes some time to study bitcoin and understand it in details, it will become obvious that the digital currency is quite different from conventional fiat currencies, and the deflationary spiral that seems perfectly applicable to fia...


bitcoin price rebound

Bitcoin Price Weekly Analysis – Rebound Likely Over No Comments

Key Highlights The Bitcoin price recently corrected higher after declining close to the ¥1800 level. It looks like the price has completed the correction phase and may start trading lower once again. There was a major support trend line formed on the hourly chart (price feed from BTCChina), which was broken to ignite a downside move. Bitcoin price rebound from the ¥1811 low is likely ...


RubyCoin Price Technical Analysis. Barrier. Illustration. Newsbtc altcoin news

RubyCoin Price at Significant Turning Point No Comments

Key Highlights The Rubycoin price is trading with the bullish bias, but facing a major hurdle near 0.000360BTC. The stated level represents a crucial resistance that might ignite a move lower. A support trend line is formed on the hourly chart (data feed from Bittrex), which is likely to act as a buying zone in the near term. Rubycoin price is under the bullish pressure, but buyers have...


Litecoin Price Technical Analysis - pay off. profit. newsbtc altcoin news

Litecoin Price Weekly Analysis – Triangle Break Near? No Comments

Key Highlights The Litecoin price after declining close to $2.90 managed to find bids and corrected higher. There is a contracting triangle pattern forming on the hourly chart, which is likely to pave the way for more gains. The price is placed above the 100 hourly simple moving average (price feed from Bitfinex), which is a positive sign. Litecoin price may move a bit higher from the c...


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