Key Highlights Ethereum classic was under pressure lately and traded below $18.00 against the US Dollar before finding support near $17.60. There was a bearish trend line formed with resistance at $18.50 on the hourly chart (data feed via Kraken) of ETC/USD, which was broken recently. The price is currently above the $19.00 level and the 100 hourly simple moving average. Ethereum cla...
DASH/USD and LTC/USD Technical Analysis June 26, 2017 DASH/USD DASH continues to look bullish as we rallied on Friday, reaching the $190 level. It’s likely that we will go looking for the $200 level after that, and a break above there would be even more bullish. I believe in buying pullbacks as it offers value in a market that is obviously very strong. A breakdown from here should send...
Hello and welcome to News BTC’s Market Outlook June 26. BTC/USD Bitcoin initially tried to pull back slightly on Friday, but bounced higher as it looks like we are going to head to the 2800 level. A break above there should send this market towards the 3000 handle, but it may take some time to get there. Ultimately, I think pullbacks continue to offer buying opportunities, and eventual...
If a cryptocurrency project is good enough to solve a problem or add value to the existing system, then there is nothing that can stop it from achieving a successful ICO campaign. The fact has now been proven by Skincoin — a universal cryptocurrency platform for the online gaming industry. Skincoin recently announced its ICO, which went live on 21, June 2017. The ICO, with the goal of raising...
Ever wonder how most of these millionaires and billionaires got so rich? The answer’s simple. Take a look at Mark Cuban, who is worth $3 Billion. He made the majority of his money in the dot-com bubble, where his company’s stocks went from $19 to $62 in one day. That kind of price rise sounds a lot like crypto, doesn’t it? How about Elon Musk? Nowadays, he’s working on world-changing ...
Are you a crypto millionaire? If so, you probably bought into cryptocurrencies like Bitcoin and Ethereum very early. Early cryptocurrency investors in Ethereum saw their coins rise from $0.37 USD during the initial crowdsale to $380 USD today. A small $10,000 investment would be $1 million dollars today. The same story is true for Bitcoin. Early Bitcoin users saw their currency crash to as low ...
Hello and welcome to News BTC’s Market Outlook June 23. BTC/USD The Bitcoin market initially fell against the US dollar, reaching the $2600 level. However, there was enough support there to turn things around and show signs of life. Because of this, the market looks like it is ready to turn around and go reaching towards the $2800 level, and a break above there would send the market ev...
There has never been a more exciting time in the cryptocurrency market. Bitcoin investors have seen their investments grow from $1,000 USD this year to $2500 today. While that may seem like a lot, the growth of Bitcoin is shadowed by another cryptocurrency this year: Ethereum. Ethereum is by far the biggest rival to Bitcoin. It has amassed tremendous support from financial institutions, major c...
Things have started to somewhat unravel for Ethereum as of late. The network is slowing down to the influx of ICOs. Moreover, it now appears the GDAX exchange ad to halt ETH trading for quite some time. Interestingly enough, the platform also saw an ETH price flash crash last night. It is evident the market is making its voice be heard. The bigger question is how things will play out for Ethereum ...
The past 24-36 hours have been anything but fun for Ethereum users. The network suffers from a major transaction backlog. This congestion is partially caused by yesterday's Status ICO, although it is unclear if other factors are at play as well. Unfortunately, two exchanges have been forced to disable Ethereum wallets as a result. This is a big problem for Ethereum, as it shows the immaturity of t...
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