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Category: Bitcoin

Bank in Argentina Launches BTC Settlement Services

A small bank from Argentina, Banco Masventas, announced this week that it’s allowing customers to make settlements using BTC as a payment rail. Argentina Banco Masventas says the firm partnered with the exchange Bitex, and believes the service will reduce costs associated with international transfers. Also Read: Tim Draper Advises Argentina’s President to Invest in Bitcoin […]

Kyber Network would probably resume its uptrend again

Kyber Network would probably resume its uptrend again Kyber Network / Dollar (calculated by TradingView) BINANCE:KNCUSD ForecastCity Technical analysis: . KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: There is […]

Cardano Price Analysis: ADA/USD Upsides Remain Limited

Key Highlights ADA price declined recently and broke a key support at $0.2300 against the US Dollar (tethered). There was a break below an important bullish trend line with support at $0.2450 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair traded towards the $0.2100 level and it seems like […]

BTC needs to regain $8,000

BTC needs to regain $8,000 Bitcoin / Dollar BITFINEX:BTCUSD fedorenkoalexei BTCUSD             trading range has tightened severely lately, with the pair is stuck between $7,800 and $10,000 since mid-April. But on Wednesday, the coin came closer to a major bearish breakout as the price dived under the critical $8,000 mark for the first time since […]

euro long off

euro long off Euro Fx/U.S. Dollar FX:EURUSD FrankForex 1hr support held so we goin up

Chilean President Considering Regulation of Cryptocurrencies

The Chilean president, Mario Marcel, has made comment seemingly in favor of developing a regulatory apparatus for virtual currencies. The apparent openness to regulating cryptocurrencies contrasts significantly from the recent banking embargo targeting virtual currency recently witnessed in Chile. Also Read: Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies Chilean President Discusses Benefits of […]

Ripple Price Analysis: XRP/USD Broke Significant Support

Key Highlights Ripple price failed to hold a major support area near $0.6500 and declined against the US dollar. There is a crucial bearish trend line forming with resistance at $0.6450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may correct higher, but the broken support at $0.6500 is […]

Ethereum Price Analysis: ETH/USD Tumbled Below $655

Key Highlights ETH price was not able to move above the $700 resistance and declined sharply against the US Dollar. There is a new connecting bearish trend line forming with resistance at $655 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but upsides are […]

Asian Cryptocurrency Trading Update: Zcash Investment Keeps it Climbing

FOMO Moments The sideways market is over and the bears are in full control. A wave of panic selling seems to have washed across crypto land once again and markets have hemorrhaged $27 billion in 24 hours. Bitcoin has plummeted below the psychological $8k barrier and shed 4.6% on the day trading at $7,930 at […]

Verge Struck by Second PoW Attack in as Many Months

Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]