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Month: May 2017

BTC/USD and BTC/JPY Technical Analysis May 31, 2017

Hello and welcome to News BTC’s Market Outlook May 31. BTC/USD Bitcoin rallied during the day on Tuesday against the US dollar after initially falling and testing the $2200 level for support. That area caused enough of bounce to form a hammer, and the hammer of course is a bullish sign. On a break above … Continue reading BTC/USD and BTC/JPY Technical Analysis May 31, 2017

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Ethereum Price Technical Analysis – ETH/USD To Rally Towards $250

Key Highlights There were further gains in ETH price, as it moved to a new high at $228.50 against the US Dollar. There is a crucial ascending channel forming with support at $205 on the hourly chart (ETH/USD, data feed via SimpleFX). If there is a minor dip towards $205-208, the price may find support … Continue reading Ethereum Price Technical Analysis – ETH/USD To Rally Towards $250

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Creditbit Price Technical Analysis – CRBIT/BTC Extends Recovery

Key Highlights Creditbit price managed to move further up and broke the 0.00027BTC resistance against the Bitcoin. There was a break above a bearish trend line and resistance at 0.00028BTC on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). At the moment, the price is consolidating above the 0.00025BTC support, which holds the key … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC Extends Recovery

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Bitcoin Beginners Guide Split Forks

  One of the latest news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) will be subjected to a “Coin-Split” before long. The split between the Blockchain and network can happen if the bulk of miners (through hash power) shift to Bitcoin Unlimited (BTU). Then, they choose to mine blocks higher than… View Article

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Naspers Invests $5M into Coins.ph to Target the Unbanked

This story can be found here: http://www.coinnewsasia.com/naspers-invests-5m-into-coins-ph-to-target-the-unbanked/ Productive venture firm Naspers is making a push into bitcoin and money related administrations after it sponsored Philippines-based startup Coins.ph to the tune of $5 million. Coins.ph is centered around offering money administrations for the unbanked in the Philippines and Thailand. It utilizes the blockchain as its hidden innovation to… View Article

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Bitcoin Price Watch; Looking For Breakouts

So that’s another day done in our bitcoin price trading efforts and it’s time to take stock of what happened in an attempt to formulate a strategy for our evening trading. Things have been somewhat flat during the European session. Well, flat is perhaps a little misleading. We did see some action, but the majority … Continue reading Bitcoin Price Watch; Looking For Breakouts

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