Sunday, September 23Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Crypto Trading 101: The Moving Average Convergence Divergence

Crypto Trading 101: The Moving Average Convergence Divergence

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Crypto Trading 101: The Moving Average Convergence Divergence Simple trading methods like the trend-following approach work best when trading cryptocurrencies or financial markets in general. While several technical indicators help identify changes in the strength, momentum, and duration of a trend, none are simpler and more widely used than the Moving Average Convergence Divergence (MACD). By definition, the MACD "turns two trend-following indicators, moving averages, into a momentum oscillator by subtracting the longer moving average from the shorter moving average." Since the MACD is a "trend following" or "lagging" indicator, it trails pricing events that have already happened in order to gauge the strength of the current tre...
Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish

Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish Key PointsBitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar.There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is currently correcting lower, but it could find support near the $6,600 and $6,550 levels.Bitcoin price climbed above the key $6,600 resistance against the US Dollar. BTC/USD needs to clear the $6,850 level to gain upside momentum in the near term.Bitcoin Price AnalysisThis past week, bitcoin price started a decent upward move from the $6,110 support area against the US Dollar. The BTC/USD pair traded higher and broke the $6...
Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact

Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact Key HighlightsETH price is trading with a positive bias above the $220 level against the US Dollar.There is a major bullish trend line formed with support at $224 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair is currently struggling to break the $252 resistance and is correcting lower.Ethereum price is trading with positive moves versus the US Dollar and Bitcoin. ETH/USD could decline a few points, but it remains supported above $220.Ethereum Price AnalysisThis past week, there was a slow and steady rise from the $190 swing low in ETH price against the US Dollar. The ETH/USD pair traded higher and broke the $200, $210 and $240 resistance levels. There was...
From Adoption to FOMO: Reasons Behind Ripple’s Leap

From Adoption to FOMO: Reasons Behind Ripple’s Leap

BITCOIN
Please share if you find this article interesting. From Adoption to FOMO: Reasons Behind Ripple’s Leap Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time. XRP has gone as far as to beat Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap (returned to the third spot by the press time). What could possibly drive the price so high? While there’s no definite answer to that question, here’s some background and theories. Background: What does Ripple bring to the table? Ripple is a California-based payment network and protocol company that was established in 2012. Essen
Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat

Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat

BITCOIN
Please share if you find this article interesting. Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat An American musical prelude Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based on the dizzying impossibilities of Alice’s adventures in Lewis Carroll’s celebrated novel. Silver Miller’s first class action complaint was filed on behalf of six defrauded Bitconnect investors in late January, just weeks after the Texas Securities Commissioner issued an emergency cease-and-desist order against Bitconnect for the selling of unlicensed securities. The complaint unconventionally opened with th
Crypto Markets See Mixed Signals, Ethereum Beats Ripple by Market Cap

Crypto Markets See Mixed Signals, Ethereum Beats Ripple by Market Cap

BITCOIN
Please share if you find this article interesting. Crypto Markets See Mixed Signals, Ethereum Beats Ripple by Market Cap Saturday, September 22: crypto markets have seen a mix of red and green, with Ethereum (ETH) having passed Ripple (XRP) to come back to be ranked the second top cryptocurrency by market cap, according to CoinMarketCap. Market visualization from Coin360 After surging up to $6,809 earlier today, Bitcoin (BTC) is slightly down over the past 24 hours, having traded below $6,700 over the past few hours. The leading cryptocurrency is down around 0.5 percent and trading at $6,667 at press time, seeing around 3 percent gains over the week. Bitcoin weekly price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has regained its position as the top second ...
Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange

Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange

BITCOIN
Please share if you find this article interesting. Coinsquare’s Investment Subsidiary Launches Two Tech-Based ETFs on TSX Exchange A portfolio-management subsidiary of crypto exchange Coinsquare has launched two exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX), local news agency The Globe And Mail reports September 20. Coinsquare’s subsidiary — Coin Capital Investment Management — has reportedly become the 30th ETF operator in Canada, with the launch of the Coincapital STOXX Blockchain Patents Innovation Index Fund (LDGR) and the Coincapital STOXX B.R.AI.N. Index Fund (THNK). The ETFs trading started on Thursday, September 20, with a management fee of 0.64 per cent on the TSX, which is reportedly the 12th largest global stock exchange by market capitalization. LDG
Celsius Network to Manage Funds for United Nations Initiative

Celsius Network to Manage Funds for United Nations Initiative

BITCOIN
Please share if you find this article interesting. Celsius Network to Manage Funds for United Nations Initiative Decentralized lending and borrowing platform Celsius Network will manage the Sustainable Development Goals Impact Fund (SDG Impact Fund) within the United Nations’ Sustainable Development Goals initiative, according to a press release published September 21. The Sustainable Development Goals is an international program focused on bringing a “better and more sustainable future for all.” It addresses global challenges such as poverty, inequality, climate change, environmental degradation, prosperity, and peace and justice. The initiative aims to achieve a series of targets by 2030. Per the announcement, the SDG Impact Fund will be launched by financial services firm Fift
South Korean Gov’t Pledges Support for Blockchain Startups to Facilitate Industry Growth

South Korean Gov’t Pledges Support for Blockchain Startups to Facilitate Industry Growth

BITCOIN
Please share if you find this article interesting. South Korean Gov’t Pledges Support for Blockchain Startups to Facilitate Industry Growth The Korean Ministry of Science and Information Communications Technology (MSICT) has pledged further support to facilitate the growth of the domestic blockchain industry, Business Korea reported September 21. Second Minister of Science and ICT Min Won-ki held a meeting with blockchain startups as part of the government’s effort to establish contact with organizations in what it has dubbed the 10 key ICT sectors of the Fourth Industrial Revolution. The agenda for the meeting was devoted to blockchain pilot projects initiated by the government in order to bolster the blockchain market and improve public services with the investment of 4.2 billi
Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

BITCOIN
Please share if you find this article interesting. Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21. Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo XP is the biggest financial group in Brazil, comprising companies with various business models. XP has reportedly set a goal to have $1 trillion reais ($245 billion) under custody by 2020, which is four times what the company expects to raise by the end of this year. In addition, XP will launch a bank in the n...