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There is a clear divergence between fundamentals—Tron Accelerator program, transactions spike and on-chain development and TRX/USD prices.   Regardless, dropping prices shouldn’t be defining metrics because fundamentals often lead prices.
The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant.
Key Points Bitcoin cash price declined further and traded close to the $200 support against the US Dollar. This week’s followed important bearish trend line is still in place with resistance at $280 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Highlights ETH price declined heavily and traded close to the $120 support level against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $138 on the hourly chart of ETH/USD (data feed via Kraken).
Since the value of Bitcoin began to recede in early-2018, investors from across the globe have sought to find a silver lining to latch onto. However, with initial coin offerings (ICOs) seeing less than adequate amounts of interest, security tokens failing to pick up steam, and corporations remaining hesitant to adopt blockchain-based technologies, investors have.
Nick Chongnewsbtc ·  
The Indian government is reportedly getting ready with draft regulations on cryptocurrencies next month. The finance ministry set up a panel in November 2017 for the purpose of preparing a regulatory framework on the issue, but the central bank has created a hostile environment for digital currency trading platforms in 2018.
It’s not what maximalists want to see but for institutions to flock in then regulators must be in the picture. This is part of the reason why the launch of Bakkt Daily Bitcoin futures has been put off to Jan 24, 2019.
What do Bitcoin and communism have in common? Huobi. The world’s third largest digital assets exchange has set up a Communist Party committee via its $2.
After yesterday’s widespread market carnage, Bitcoin has continued to drop and is showing little sign of a pending recovery. Bitcoin’s latest drop to fresh 2018 lows has dragged altcoins even further down, and market sentiment is sitting at a yearly low as investors lose hope.
Another day heralds more doom and gloom for the majority of cryptocurrencies, including the top ones. Markets have been hammered over 15% on the day losing in excess of $20 billion since yesterday but not all digital currencies are suffering the same level of pain.
The saying ‘what goes around comes around’ is perhaps the best description of the ‘Whirl’ project. ‘Whirl’ is a consumer crowdfunding solution that aims to finance dreams and obligations while introducing a revolutionary incentive system to encourage giving.
Key Highlights Ripple price is holding the $0. 4600 support area with no bearish pressure against the US dollar.
There has been no letup in the pain that crypto markets are currently in. Since they started to head south last Wednesday a whopping $70 billion has been dumped resulting in a 33% slump in total market capitalization.
When an overwhelming number of cryptocurrency investors thought it couldn’t get any worse, it did. Bitcoin (BTC), after falling under $5,800 on November 14th, continued lower on Monday and Tuesday morning, moving under a multitude of supposed support levels at $5,000, $4,800, and, most recently, $4,400.
Nick Chongnewsbtc ·  
Token development platform seeks to launch Ethereum like Blockchain with increased speed, low development costs, and improved security. With the rise in popularity of the Blockchain, more companies are becoming eager to break into the market with their own technology and proprietary cryptocurrency.
As Bitcoin (BTC) fell further on Monday, finding itself under $5,000 in a first for 2018, industry savants quickly took to crypto’s side, in spite of the growing bearish sentiment. Surprisingly, a crypto-friendly partner at Washington, D.
Nick Chongnewsbtc ·  
Latest Ethereum News It’s a selling frenzy out there. Although we cannot exactly pin-point the cause of this massive sell off, analysts and market pundits are linking this to the protracted hash wars between Bitcoin Cash ABC and SV.
It’s back to red territory for altcoins and with double digit losses, prices are trading below important support levels. Leading the pack is LTC/USD which is down 14 percent in the last day and ADA/USD trading below 6 cents as bears print new all time lows.
Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken).
FOMO Moments Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year.
A recent report from “Big Four” auditor, KPMG, details the key challenges facing cryptocurrencies, and importantly notes that digital assets are a “big deal. ” The report comes as institutions and corporations are becoming increasingly interested in cryptocurrencies as an investment class.
After four days of discourse, banter, and endless rivers of salt, a number of crypto exchanges have declared that Bitcoin ABC (ABC), Roger Ver and Bitmain CEO Jihan Wu’s preferred Bitcoin Cash client, will officially obtain the “BCH” crown, instead of Craig Wright and Calvin Ayre’s Bitcoin Satoshi Vision (SV). Kraken, Huobi Crown Winner in.
Nick Chongnewsbtc ·  
Nischal Shetty, the CEO of Indian crypto exchange WazirX, has reached out to a top lawmaker to look into the regulation of Bitcoin and similar digital assets. The blockchain entrepreneur requested India’s finance minister Arun Jaitley to focus more on crypto’s potential benefits than its minimalistic misuses.
Latest Bitcoin News For the first time this year, Bitcoin prices did print below the $5,000 mark at CoinBase as reported and affirmed by statistics from CMC. While the losses were across the board, the marked drop in Bitcoin prices did shave the overall security and efficiency of the market.
A broad selling action in the cryptocurrency market today saw ICO coins losing 15 to 20 percent of their value. And the sentiment is likely to extend thanks to the U.
Genesis Mining has made a name for itself in the crypto industry as one of the leading, and a reliable mining contracts provider. While the platform has got a strong following of crypto-miners, enthusiasts, and professionals, it is also known to take initiatives towards creating awareness about cryptocurrencies, their underlying blockchain technology, cryptocurrency mining and.
The price of Bitcoin fell below $5,000 on Coinbase for the first time in 2018 as the bear market continues to drag prices down across the board. Market Cap Drops to Below $87 Billion For the first time since October 2017, Bitcoin dropped lower than $5,000, at $4,996 on San Francisco-based crypto exchange Coinbase.
After a week of poor performance, Bitcoin has continued its descent, and has now crashed below its previous 2018 lows of $5,500, setting fresh lows at $5,100. Bitcoin’s unprecedented drop has led many major altcoins to fall 10% or more, and according to one analyst, more blood is likely to come in the near future.
Bears hit the cryptocurrency market today, and Ethereum was among the most severe casualties. The world’s third largest cryptocurrency erased as much as $2.
Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable.
Latest Cardano News Thing is Cardano is barely a year old but they are clear, sticking to their initial vision and mission statement. Believing that the platform is as good as the community behind it and no one should be an obstruction as the team sweat towards a superior, governable and community centric smart contracting.
Key Points Bitcoin cash ABC seems to be a winner and it is currently trading below $300 against the US Dollar. There is a major bearish trend line formed with resistance at $335 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Highlights ETH price struggled to move above the $179 resistance and declined against the US Dollar. There is a key connecting bearish trend line formed with resistance at $178 on the hourly chart of ETH/USD (data feed via Kraken).
Key Highlights Ripple price is holding gains above the $0. 4700 support level against the US dollar.
Key Highlights ADA price extended losses below the $0. 0620 and $0.
There have been few survivors from last week’s crypto rout which saw almost $30 billion wiped off the markets in a couple of days. Bitcoin for one has taken a beating this time and has settled at a new price range indicating that a recovery could be a long way off.
Key Points Bitcoin price is currently under pressure below the $5,500 resistance level against the US Dollar. There was a break below a key bullish trend line with support at $5,530 on the hourly chart of the BTC/USD pair (data feed from Kraken).
FOMO Moments Markets getting mashed this Monday; Ethereum, Cardano, Tron and Iota dumping. Monday brings more doom and gloom to crypto land as markets have taken another turn south.
Ethereum has had a tough week. Not only has it been pushed down the market cap charts by XRP, now Tron has surpassed it in terms of network decentralized application volume.
Latest Bitcoin ETF After 10 years of evolution, adaptation and maturity, Bitcoin is no longer a “fad”. By the general definition of money, Bitcoin is the future.
Mainstream media, renowned economists and other crypto critics have killed Bitcoin more than 300 times since its launch. But the digital currency always come back from the dead.
Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water.
Nick Chongnewsbtc ·  
Latest Litecoin News Its one-step at a time and Litecoin pace is slow but steady. Even as prices drop to record lows printing at a time when Tushar Jain took to twitter thrashing Litecoin, the Founding Director of the Litecoin foundation and the owner of Litecoin.
FOMO Moments Markets recovering a little on Sunday; XRP moving up, Stellar and Monero not far behind. A Sunday bounce has pulled cryptocurrency markets back from the abyss … for now.
Latest Ripple News Like in any war, victims are usually the vulnerable. In the crypto space, the hash war between different factions within Bitcoin cash network saw ordinary investors’ record massive losses in several hours of madness.
Key Highlights ETH price is forming a decent support above the $165 level against the US Dollar. There is a major bearish trend line in place with resistance at $193 on the 4-hours chart of ETH/USD (data feed via Kraken).
Key Points Bitcoin price declined heavily and traded close to the $5,200 support level against the US Dollar. There is a short term consolidation pattern formed with resistance at $5,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).