Wednesday, June 3Your Daily Bitcoin & Altcoin News Portal
Bitcoin Price Watch: BTC/USD’s Struggle Continues

Bitcoin Price Watch: BTC/USD’s Struggle Continues

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD’s Struggle Continues Key PointsBitcoin price remains in a bearish trend and is currently trading around $7,000 against the US Dollar.There is a crucial bearish trend line in place with resistance at $7,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must stay above the $7,000 handle to avoid further losses in the near term.Bitcoin price is under a strong selling pressure below $7,300 against the US Dollar. Let’s see if BTC/USD can hold the $7,000 support level or not.Bitcoin Price AnalysisThere was no major upside recovery above $7,350 in bitcoin price against the US Dollar. The BTC/USD pair corrected higher a few points yesterday, but buyers failed to push the price above
PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO – Bitcoin News

PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: DIWtoken.com - Alpha Launch on Testnet Before the End of ICO - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It has already been three weeks since the launch of DIW’s ICO with just one week left to go – just enough time to seize this rare opportunity and join this unprecedented project! The entire team has been on constant alert for months now with quite a few kilos of coffee consumed on many endless meetings and sleepless nights! It has been a unique and
Ethereum Classic Price Analysis: ETC/USD Could Revisit $12

Ethereum Classic Price Analysis: ETC/USD Could Revisit $12

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Classic Price Analysis: ETC/USD Could Revisit $12 Key HighlightsEthereum classic price is under pressure below the $15.00 pivot level against the US dollar.There was a break below a key bullish trend line with support at $15.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair is currently trading near $14.15 and it may extend the decline towards the $12.00 level.Ethereum classic price is in a bearish trend against the US Dollar and Bitcoin. ETC/USD is likely to remain in a downtrend towards $13.00 and $12.00.Ethereum Classic Price TrendThere was a strong rejection noted around the $15.80 and $16.00 resistances in ETC price against the US dollar. The ETC/USD pair started a downside move and declined...
Baidu’s ‘Wikipedia’ Now Logs Revisions on a Blockchain

Baidu’s ‘Wikipedia’ Now Logs Revisions on a Blockchain

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Baidu's 'Wikipedia' Now Logs Revisions on a Blockchain Baidu Baike, the Chinese search giant's equivalent to Wikipedia, is now using blockchain technology to record entries' revision histories in a move aimed to bring transparency and traceability to the online service. Although Baidu has not publicly announced the integration, searches in the encyclopedia service are already showing that every item's previous revisions are now recorded on a blockchain with a specific hash value. In a WeChat conversation, a representative from Baidu told CoinDesk that the blockchain feature was first made visible to the public on Monday, although the hashing may have started last week, based on the timestamp of some of the earliest revisions. S
Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation – Bitcoin News

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation – Bitcoin News

BITCOIN
Please share if you find this article interesting. Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation - Bitcoin News Regulation Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA members in a number of states and provinces in North America. Also read: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing Three LA-Based Companies Among the Targeted The Alabama Security Commission (ASC)
Ripple Price Analysis: XRP/USD Recoveries Could Be Capped

Ripple Price Analysis: XRP/USD Recoveries Could Be Capped

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP/USD Recoveries Could Be Capped Key HighlightsRipple price extended its decline and traded towards the $0.5400 level against the US dollar.Yesterday’s highlighted important bearish trend line with current resistance at $0.6050 is still in place on the hourly chart of the XRP/USD pair (data source from Kraken).The pair may correct a few points in the short term, but upsides could be capped by $0.5800 and $0.6000.Ripple price is in a downtrend against the US Dollar and Bitcoin. Any recoveries and corrections in XRP/USD are likely to hurdles on the upside.Ripple Price Upside HurdlesThere was no respite for buyers as Ripple price declined further towards the $0.5400 level against the US Dollar. The price set
Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System – Bitcoin News

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System - Bitcoin News Exchanges One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided to gradually reduce the withdrawal limit for customer accounts that have not converted to real-name confirmation accounts,” starting on June 4, according to MTN. This announcement closely follows the exchange confirming that it will block trading
Ethereum Price Analysis: Can ETH/USD Recover From $500?

Ethereum Price Analysis: Can ETH/USD Recover From $500?

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: Can ETH/USD Recover From $500? Key HighlightsETH price declined further and tested the $500-510 support area against the US Dollar.There is a major bearish trend line forming with resistance at $545 on the hourly chart of ETH/USD (data feed via Kraken).The pair may correct a few points from the current levels, but upsides may be capped by $545-550.Ethereum price is struggling to recover against the US Dollar and Bitcoin. ETH/USD could consolidate around $520-545 for some time before the next move.Ethereum Price DeclineThere were nasty declines in ETH price below the $590 level against the US Dollar. The price declined sharply and broke a few important supports such as $560, $545 and $540. It tested the $5...
Bitcoin Cash Price Analysis: BCH/USD Accelerating Declines

Bitcoin Cash Price Analysis: BCH/USD Accelerating Declines

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Analysis: BCH/USD Accelerating Declines Key PointsBitcoin cash price is under pressure and is currently trading below $920 against the US Dollar.There is a short-term bearish trend line formed with resistance at $900 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair may continue to move down and it could soon break the $875 support level.Bitcoin cash price is in a bearish trend below $1,000 against the US Dollar. BCH/USD could accelerate declines towards $800 as long as it is below $960.Bitcoin Cash Price DeclineThere were further declines noted in bitcoin cash price below the $1,000 level against the US Dollar. The price corrected a few points yesterday, but the upside move was capped by...
Bitcoin (BTC) Price Watch: Heads Up for this Bearish Breakout!

Bitcoin (BTC) Price Watch: Heads Up for this Bearish Breakout!

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Heads Up for this Bearish Breakout! Bitcoin Price Key HighlightsBitcoin price appears to have broken below a long-term consolidation pattern to signal a drop.Price is also approaching the bottom of a smaller descending channel to show that the downtrend could carry on.Technical indicators on this time frame also seem to be signaling that further losses are in the cards.Bitcoin price could be gaining further bearish traction as it closed below the support of its daily symmetrical triangle.Technical Indicators SignalsThe 100 SMA is below the longer-term 200 SMA to confirm that the path of least resistance is to the downside. In other words, the selloff is more likely to resume than to reverse. The 100 SMA...