Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Har Fork

Thursday, Sept. 12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360. Market visualization. Source: Coin360 BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time. The leading coin has seen slight volatility during the day, having dropped to as low as $10,056, while the intraday high was $10,393. Bitcoin seven-day price chart. Source: Coin360 As Christopher Inks of TexasWest Capital said in an interview with Cointelegraph…

Bitcoin Price Near $10,500 as Ether and Other Altcoins Make Gains

Saturday, Sept. 7 — Bitcoin (BTC) is trading sideways after falling short of the resistance at $11,000 yesterday, while Ether (ETH) is making a slight recovery from its dip earlier this week Market visualization. Source: Coin360 Bitcoin has been trading in a range around $10,400 today. Yesterday it appeared that the coin would finally cross the $11,000 mark, a price the cryptocurrency has not seen since Aug. 13, but it fell short and corrected down to $10,313. At press time the coin is trading at $10,521, up 1% on the…

Galaxy Digital Gains Approval to Underwrite Public Securities Offerings

Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities. As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs. FINRA is a non-governmental private organization that acts as a self-regulatory body for member firms and exchange markets. The Goldman Sachs of cryptocurrencies Novogratz is a former partner at Goldman Sachs who wants his firm Galaxy Digital to fulfil a similar role in the cryptocurrency space. He…

Could US-China Trade Agreement Wipe Out Bitcoin Price Gains? |

Bitcoin looked cautious on Thursday as the United States and China announced that they would restart trade negotiations. Chinese Vice-Premier Liu He and the US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer earlier today spoke over the phone. The two sides decided to meet in Washington in mid-October to negotiate a win-win trade deal. “On the basis of full preparation by the working groups of both sides, efforts striving for substantive progress will be made in the 13th round of China-US high-level economic and trade consultations in early…

Bitcoin Price (BTC) Hesitates But Further Gains Seem Likely

Bitcoin price is trading with a positive bias and recently climbed above $10,800 against the US Dollar. The price is currently trading above the $10,500 support and it could continue to rise in the near term. Yesterday’s highlighted key bullish trend line is providing support near $10,510 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to grind higher as long as there is no close below the $10,400 support area. Bitcoin price is showing a lot of positive signs above $10,500 against…

Ethereum Price (ETH) Testing Crucial Support While Bitcoin Holding Gains

ETH price failed to settle above $180 and started a fresh decrease against the US Dollar. The price is currently trading near the $174 support and it could bounce back in the near term. There was a break below a major bullish trend line with support at $177 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is still holding the $10,500 support area and it could climb higher in the near term. Ethereum price is struggling to hold gains versus the US Dollar, while bitcoin is…

Bitcoin Short of Bull Target Despite Five Days of Price Gains

View Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival. Volumes picked up on Tuesday, adding credence to Monday’s triangle breakout on the daily chart. So, a rise to $10,956 may be on the cards. The probability of a move above $10,956 would weaken if the prices drop below key the crucial support at $10,286 on the hourly chart. Acceptance below that level could yield…

Bitcoin Price Continues to Eye $11K as Most Altcoins See Minor Gains

Tuesday, Sept. 3 — Bitcoin (BTC) continues to eye $11,000, with most altcoins registering minor gains on the day. Market visualization. Source: Coin360 Bitcoin continues to show impressive price movement after trading close to $10,300 for the better part of the day. At publishing time, the No. 1 cryptocurrency is trading at $10,718 — up 2.9% on the day, according to data from Coin360. Bitcoin’s 24-hour price chart. Source: Coin360 Bullish sentiments towards BTC seem to have won out once again as Bitcoin dominance hit 70.5%. Cointelegraph reported at the beginning of August…

Bitcoin Extend Gains as Yuan, Pound Hits Record Low

Bitcoin continued its ride to the upside as investors/speculators weighed in the prospects of dwindling government currencies. The benchmark cryptocurrency today established a session high of $10,500, bringing its five-day gains to as high as 12.44 percent on San Francisco-based Coinbase exchange. The move appeared after a depressive August, wherein bitcoin lost about 25 percent of its market capitalization largely owing to overbought conditions. Nevertheless, the asset kept its long-term bullish bias intact, confirmed by its year-to-date performance, which remained well above 150 percent despite the interim downside corrections. Bitcoin…

Bitcoin Extend Gains as US-China Tariffs Take its Toll

Bitcoin posted modest gains in its September debut as the US introduced additional tariffs of 15 percent on $112 billion of Chinese goods. Bitcoin trending higher gradually | Image Credits: TradingView.com The benchmark cryptocurrency added 0.20 percent to trade at $9,800 in early Monday morning, bringing its local net rebound up by as much as 5.8 percent – as measured from Friday’s low of $9,321.73. The first signs of a positive month followed three weeks of depression, wherein the bitcoin erased about $2,300 off its spot rate. Long traders called it…