Market Wrap Crypto consolidation continues; Litecoin still inching up, NEO making progress, everything else is flat. Crypto markets are looking a little erratic as we enter the weekend but in the grand scheme of things nothing has changed over the past seven days. Total market cap has crept up marginally but most tokens are still... The post Crypto Market Wrap: Consolidation Continues, Is a Breakout Imminent? appeared first on NewsBTC.
Posted on: 16 February 2019 | 2:00 am
The so-called “crypto winter” has undoubtedly been tough on a majority of this ecosystem’s upstarts, even those with supposedly colossal war chests and copious amounts of talent. Heck, earlier this week, Ripple cut Bloomberg alumni Cory Johnson, the fintech firm’s chief market strategist, due to shifts in the Bitcoin winds. Bitmain, Huobi, and ShapeShift are... The post Chainalysis Secures $30M: Despite Bitcoin Crash, Crypto Venture Money Still Flowing appeared first on NewsBTC.
Posted on: 15 February 2019 | 7:00 pm
The crypto markets have continued to gradually drift lower following last Friday’s market surge. Most cryptocurrencies have dropped today, with Ethereum trading down marginally, and XRP dropping nearly 2% due to concerns regarding the newly announced JP Morgan crypto (JPM Coin) possibly being a competitor. Many analysts now expect major cryptocurrencies, including Litecoin and Ethereum,... The post Crypto Markets Experience Mixed Trading Session, Analysts Expect Ethereum and Litecoin to Drop in Near-Future appeared first on NewsBTC.
Posted on: 15 February 2019 | 6:00 pm
Ripple and its go-to crypto asset, XRP, have long been a nuanced topic of discussion in the cryptosphere. Many have argued that the San Francisco-based fintech startup, deemed a company to watch by Forbes, is sleeping in bed with banks, along with other incumbents of the legacy world. But, this might not exactly be the... The post XRP Holds Strong After JP Morgan ‘Slaps’ Ripple With Bank-Centric Crypto appeared first on NewsBTC.
Posted on: 15 February 2019 | 5:00 pm
Bitcoin has continued to express stability around its current price levels in the low-$3,600 region. Despite being stable currently, BTC has not been able to garner any buying pressure at its current prices, which may signal technical weakness. Now, analysts are claiming that Bitcoin may see further losses in the near-term, as its price has... The post Bitcoin (BTC) Stable Above $3,600, But Analysts Warn That Further Losses are Likely appeared first on NewsBTC.
Posted on: 15 February 2019 | 4:00 pm
Traders, investors, and analysts are all watching Bitcoin price charts in hopes to better predict when the current crypto bear market ends and a new uptrend will resume. One particular crypto analyst believes that the Bitcoin price will continue to be squeezed tightly together until at least mid-year, as it consolidates between two important converging... The post Crypto Analyst: Bitcoin Price Stuck Between Converging Moving Averages Until Mid-Year appeared first on NewsBTC.
Posted on: 15 February 2019 | 3:00 pm
Litecoin prices up 26.3 percent Adoption levels on the rise Transaction volumes low but up from Dec 2018 Despite short-term sell pressure, Litecoin (LTC) is on the rise and adoption levels picking up. We can only conclude this as bullish and a pre-requisite for higher highs above $50. Litecoin Price Analysis Fundamentals The price of... The post Litecoin (LTC) Up 26.3% In the Last Week, What’s Bogging Down Price? appeared first on NewsBTC.
Posted on: 15 February 2019 | 2:21 pm
Ripple price edge lower Brad Garlinghouse says bank issued currencies doomed to fail Transactional volumes low JPM Coin is a bank-issued coin, but it will fail if we factor in Brad Garlinghouse analysis. A synergy is mandatory, and Ripple’s InterLedger Protocol can solve their need. Meanwhile, XRP prices are down and trending inside Feb 8... The post Ripple (XRP) Boss: Bank-Issued Digital Assets A Deeply Misguided Idea appeared first on NewsBTC.
Posted on: 15 February 2019 | 1:00 pm
Bitcoin prices ranging with clear supports at $3,400-500 zone JP Morgan and Chase rolls out a stable coin, JPM Transactional volumes average 10k, not enough to trigger buyers into action With the release of a banker’s stable coin, JPM Coin, crypto is technically valid. As such, we expect more bankers to follow suit endorsing the... The post Bitcoin (BTC) Validation as Jamie Dimon’s Sentiment Shift appeared first on NewsBTC.
Posted on: 15 February 2019 | 12:00 pm
Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space. Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.” Crypto Winter Has Been No... The post Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion appeared first on NewsBTC.
Posted on: 15 February 2019 | 10:11 am