Friday, August 23Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

PRICE ANALYSIS
Please share if you find this article interesting. Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance.Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels.EOS price recovered more than 5% and it is now trading near the $3.650 resistance.Ethereum Classic price rallied close to 20% and broke the $7.00 resistance area.BCH price is back above $305, but it is facing many hurdles on the upside near $320.Tron (TRX) price is up around 8% and is approaching the $0.0185 resistance area.Bitcoin (BTC) and the crypto market cap is correcting losses. Ethereum classic (ETC), ICX, tron and IOTA are surging, while BNB, Looking at t...
Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely

Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price (XRP) Facing Uphill Task: Fresh Decline Likely Ripple price started an upside correction after trading as low as $0.2580 against the US dollar.Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250.Yesterday’s followed key declining channel with resistance near $0.2670 was breached on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is now facing a strong resistance near the $0.2750 level and the 100 hourly SMA.Ripple price is trading near a major resistance at $0.2750 against the US Dollar, similar to Looking at the chart, ripple price is clearly facing a strong resistance near the 100 hourly simple moving average and the $0.2750 level. Therefore, the bea
Ethereum Price (ETH) At Potentially Major Turning Point

Ethereum Price (ETH) At Potentially Major Turning Point

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price (ETH) At Potentially Major Turning Point ETH price started a decent recovery after it tested the $180 support area against the US Dollar.The price is currently struggling to break a major resistance area near the $195 level.There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via Kraken).The pair remains at a risk of a fresh decline until it breaks the $194 and $195 resistance levels.Ethereum price is facing a couple of important resistances versus the US Dollar and Looking at the chart, Ethereum price is clearly trading near a major resistance at $195. It could climb above $195 and rise sharply towards the $200 and $202 resistance levels. On the other hand...
How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash – Bitcoin News

How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash – Bitcoin News

BITCOIN
Please share if you find this article interesting. How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash - Bitcoin News On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID. The advanced form of SLP token creation allows people to use the system to create unique assets like gaming items, collectibles, and digital media rights. Also read: Social Network Memo Adds Decentralized SLP Token Exchange How to Create an NFT1 Type SLP Token Using the Electron Cash Wallet The Simple Ledger Protocol (SLP) is celebrating its first anniversa...
Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE – Bitcoin News

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE – Bitcoin News

BITCOIN
Please share if you find this article interesting. Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE - Bitcoin News Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic jargon to confuse and distract the public, with the latest term being negative yields. Also Read: Peso Collapse Shows Governments Shouldn’t Control Money Germany Buys Its Own Debt at Zero interest Wednesday, 21 August, will be noted in the economic textbooks as a turning point in the history of fiat central banking and possibly as the
Major Swedish Bank Orders Negative Interest Rate on Euro Deposits – Bitcoin News

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits – Bitcoin News

BITCOIN
Please share if you find this article interesting. Major Swedish Bank Orders Negative Interest Rate on Euro Deposits - Bitcoin News Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to losses, although loans and mortgages aren’t free of charge per se. A leading Swedish bank has imposed a negative interest rate of -0.40% on euro accounts, while the ECB is reportedly preparing for a new rate cut. Also read: As US Expands Subprime Mortgage Program, Is a New Crisis Looming? Your Euro Savings Will Cost Yo
Bitcoin Selloff Stalls at Historical Price Support Near $10K

Bitcoin Selloff Stalls at Historical Price Support Near $10K

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Selloff Stalls at Historical Price Support Near $10K View Bitcoin’s defense of the 100-day moving average and a bullish divergence of an hourly chart indicator suggest scope for a minor price bounce to $10,300 Bitcoin will remain in the hunt for a drop to $9,467 (Aug. 13 low), as long as the rising wedge breakdown seen on the 4-hour chart remains valid. A UTC close above $10,956 would shift risk in favor of a rally to $11,850-$12,000. A weekly close above $12,000 is needed to confirm bullish revival. Bitcoin (BTC) sellers are again struggling to force a sustained break below a widely-followed support level, but the outlook would turn bullish only above $10,956. The premier cryptocurrency by market value fell by $600 in th
Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse – Bitcoin News

Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse - Bitcoin News A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it. The news has provoked intense debate within the crypto space, however, with some cynics arguing that the maximalists are only in it for the money. Also read: The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt Mow Money, Mo’ Problems As CTO of Bitcoin development company Block
PR: Cross Exchange Launches IEO – Bitcoin News

PR: Cross Exchange Launches IEO – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: Cross Exchange Launches IEO - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS exchange for the coming digital asset and digital money society. The value of CROSS (XCR) is to “provide a platform for exchanging all kinds of digital assets.” The purpose of this IEO implementation, is to improve the value of XEX issued by XCR and CROSS exchange. CROSS is designed to use transaction fees for the XCR buyback &
Bitcoin (BTC) Price Target Additional Weakness, Upsides Remain Capped

Bitcoin (BTC) Price Target Additional Weakness, Upsides Remain Capped

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Target Additional Weakness, Upsides Remain Capped Bitcoin price declined heavily in the past few sessions below $10,000 against the US Dollar.The price is currently correcting higher after it tested the $9,750 support area.There is a declining channel forming with resistance near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price could correct higher in the short term, but upsides are likely to remain capped near $10,100.Bitcoin price is back in a bearish zone below $10,250 against the US Dollar. BTC is likely to extend its decline if it fails to recover above $10,250 and $10,400.Bitcoin Price AnalysisYesterday, we saw a Looking at the chart, bitcoin price is clearly back in a be...