Monday, May 13, 2024

News

Bitcoin Cash Price Technical Analysis – BCH/USD in Trouble

Key PointsBitcoin cash price failed to stay above the $2400 support area and moved down against the US Dollar.There is a major bearish trend line forming with resistance at $2400 on...

Bitcoin Mining Hardware Firm Posts Massive 2017 Profits

According to their co-chairman Kong Jianping, a company making Bitcoin mining hardware has posted sales of over 1.2 billion yuan (US$ 185.2 million) during 2017. This translates in a profit of...

Ethereum Price Technical Analysis – ETH/USD Declined Below $1275

Key HighlightsETH price was under a lot of pressure and it declined below the $1300 and $1275 supports against the US Dollar.There are two bearish trend lines forming with resistances at...

Bitcoin Price Weekly Analysis – Can BTC/USD Capitalize Further?

Key PointsBitcoin price formed a major bottom at the $9096 low and recovered well against the US Dollar.The BTC/USD pair is currently attempting to settle above two bearish trend lines with...

WooCommerce Owners Will Soon get Plugin to Accept Bitcoin Cash

Altcoins often struggle in the retailer adoption department. That is only normal, as most retailers want nothing to do with cryptocurrency. Especially complicated solutions are absolutely unacceptable in this regard. Anyone...

Ethereum Classic Price Technical Analysis – ETC/USD Declines Below $40

Key HighlightsEthereum classic price after a decent upside move faced sellers near $47-48 against the US dollar.There is a declining channel forming with resistance at $40.50 on the hourly chart of...

Ripple Price Technical Analysis – XRP/USD Under Immense Pressure

Key HighlightsRipple price is currently under a lot of pressure and is currently trading below $1.70 against the US Dollar.There is a short-term bearish trend line forming with resistance at $1.7050...

Fighting Corruption with More Transparent Crypto and Blockchains

Addressing corruption has proven to be a rather problematic venture. Both cryptocurrencies and blockchain may prove to be of great value in this regard. Their lack of anonymity and privacy will...

ICE Taps Blockstream to Create Real-time Cryptocurrency Data Feed

It has certainly been an interesting and busy week for Blockstream. Earlier this week, Gregory Maxwell publicly announced his departure from the company. To many people, said news came as a...

India’s Tax Authority Continues to Hound Bitcoin Investors

Governments all over the world are seemingly cracking down on cryptocurrency activity. In India, things are slowly evolving in such a direction. Not only are banks closing bank accounts related to...

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