Stellar lumen price is struggling to climb above the $0.0565 and $0.0580 resistances against the US Dollar.XLM price is currently trading in a range above the main $0.0535 support area.There is a major bearish trend line forming with resistance near $0.0562 on the 4-hours chart (data feed via Kraken).The pair could dive towards $0.0520 before it starts a fresh increase towards $0.0620 and $0.0650.Stellar lumen price is showing bearish signs against the US Dollar and bitcoin. XLM price must...
Read More »#767 Bitcoin Tiefpunkt nahe, Brave Browser 10 Millionen Nutzer & EOS Voice Beta
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 767. Heute sprechen wir über folgende Themen: Der Bitcoin-Tiefpunkt ist nahe, bullische Umkehr wird „stark“, Brave Browser mit 10 Millionen Nutzern & EOS Voice kündigt Beta an. [embedded content] 1.) BTC-Analyse: Der Bitcoin-Tiefpunkt ist nahe, bullische Umkehr wird „stark“https://coincierge.de/2019/btc-analyse-der-bitcoin-tiefpunkt-ist-nahe-bullische-umkehr-wird-stark/ 2.) Brave Browser mit 10 Millionen Nutzern – Basic...
Read More »People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities
Sequel to earlier reports that its digital currency was in the works, the Chinese are reportedly set to test its new digital currency electronic payment (DC/EP) in two cities of Shenzen and Suzhou. Sources further indicate that the People’s Bank of China (PBoC) will become the first Central Bank in the world to introduce its digital currency. It has also further emerged that the PBoC is set to work with seven state-owned corporate entities to run this test: three telecoms companies and four...
Read More »Ripple Price Analysis: XRP Approaching Next Significant Break
Ripple price is rising and it is trading near the $0.2315 resistance area against the US dollar.The price is likely to surge if it breaks the $0.2315 and $0.2325 resistance levels.There is a major breakout pattern forming with support near $0.2270 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).A downside break below $0.2270 and $0.2250 might negate the possibility of an upside break.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »The US IRS Wants To Know How You Got Your Bitcoin
The Internal Revenue Service (IRS) of the US has long been trying to figure out the best way to single out and tax cryptocurrency holders. The authority has issued a new draft form which aims to obtain essential information regarding the acquisition, exchange, and sale of Bitcoin and other virtual assets.Do You Own Any Bitcoin?Cryptocurrency taxation has long been one of the hot topics amid regulators throughout the entire world. When it comes to the US, in particular, when an investor...
Read More »Bittrex Serviced the Whale That Caused BTC’s Temporary $1,000 Surge
Recently, Live Bitcoin News reported that many members of the crypto community were suspicious of a $1,000 surge incurred by bitcoin, the world’s leading cryptocurrency by market cap. It has now been stated that the surge was no doubt the result of a bitcoin whale moving money between accounts with Bittrex, one of the world’s top cryptocurrency exchanges.Bittrex at the Head of Whale ActivityBitcoin and cryptocurrency whales can have serious effects on the industry. A whale is someone who...
Read More »BNB Is Making BTC Look Rather Small, Says New Report
According to a new report, BNB – the official cryptocurrency of digital exchange Binance – is outperforming bitcoin as of late.BNB – The Industry’s Strongest Coin?Bitcoin has been on something of a weak roll over the past few months. Things ultimately took a nasty turn for the currency in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – opened its doors to rather lackluster reception. Following 12 months of hype...
Read More »Thailand Takes Down Major Chinese Crypto Scam
Several Chinese nationals have been arrested in Thailand and are under suspicion of being involved in an international cryptocurrency scam.Cryptocurrency Attracts More Crime in ThailandRoughly 24 people are now in police custody. All were allegedly part of an organization that targeted investors in China through a cold-calling scheme that persuaded them to purchase “bitcoin at inflated rates,” according to law enforcement officials. All were arrested in a rented office known as “Galaxy Place”...
Read More »As New Week Starts, Bitcoin Price Is About To Take a Critical Decision (BTC Analysis & Overview)
The last days saw Bitcoin trading under a tight range of $300, between $7300 and $7600.The good news is that Bitcoin is finally trading above the confluence zone of $7300 – $7400, along with the 4-hour MA-50, which was mentioned here more than once.Besides, the RSI is showing strength due to the negative divergence shown on both the following charts.However, Bitcoin is now facing a critical decision as the coin reaching a mid-term descending trend-line. This can be seen on both the following...
Read More »What Are Bitcoin Price Gaps? How Can They Affect The Price?
There are many ways in which cryptocurrency trading resembles the traditional ones, but there are just as many differences, as well. That’s why it’s possible to use regular definitions, but they need to be appropriately adjusted and related according to the specifics of cryptocurrencies.Price gaps, for example, are something seen quite regularly within traditional markets, and we can already see them becoming a factor to consider when it comes to Bitcoin price analysis as well.What Are Price...
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