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Month: May 2017

News BTC Bitcoin Analysis May 1

  BTC/USD Bitcoin fell during the day on Friday, forming a very negative candle for the session. It looks as if the $1450 level is going to offer significant resistance. A breakdown below the bottom of the candle should send this market looking for support below. The $1350 level underneath could be a place where … Continue reading News BTC Bitcoin Analysis May 1

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News BTC Ethereum Analysis May 1

ETH/USD Ethereum tried to rally during the day on Friday against the US dollar, but struggled at the $74 level. By pulling back the way it has, we have formed a shooting star which is a very negative technical signal. However, I see a significant amount of support below at the $60 level, so it’s … Continue reading News BTC Ethereum Analysis May 1

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News BTC DASH and LiteCoin Analysis May 1 2017

 DASH/USD DASH fell significantly during the session on Friday as we had found far too much in the way of resistance near the $82 level. By falling as fast as we did, we took out all of the gains from the previous session. However, there is a significant amount of support at the $72 level, … Continue reading News BTC DASH and LiteCoin Analysis May 1 2017

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Bitcoin ATM Network Coinsource Surpasses 100 Machine Milestone

Photo: FM studio Coinsource, the American bitcoin ATM network, now operates 103 machines across the country after an expansion in New York, adding 14 kiosks to the Empire State. The London Summit 2017 is coming, get involved! Founded in 2015, the Texas-based company now claims to control 36% of the market in America’s most populous… View Article

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Bitcoin Price Back Onto Rising With Return of Buying Pressure

Bitcoin markets continue being bullish and selling pressure seemed to be having no notable effect on bitcoin prices through the last trading session. Prices climbed from a low of $1315 levels all the way up to price levels reaching close to $1370. Resistance at this point appears to be outweighing support and with a great… View Article

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Free Stock Trading App Robinhood Joins Fintech Unicorn Club as 23rd Member

Robinhood, a popular app for trading stocks without fees, has raised US$110 million in a Series C funding round led by DST Global, the Russian firm led by billionaire Yuri Milner. The round gives Robinhood a valuation of US$1.3 billion. The startup joins 22 other fintech unicorns that are valued at US$1 billion or more…. View Article

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Israeli Bitcoin Association Chairman Meni Rosenfeld Joins Bancor

Photo: Finance Magnates Blockchain startup Bancor has announced the addition of mathematician and Israeli Bitcoin Association Chairman Meni Rosenfeld to its advisory board. He will advise Bancor executives as the company develops its technical solution for the liquidity challenges faced by the long tail of cryptocurrencies. The London Summit 2017 is coming, get involved! Rosenfeld is… View Article

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Ethereum Price Technical Analysis – ETH/USD Can Test $90

Key Highlights There was another upside push in ETH price as it traded above the $85 resistance against the US Dollar. There are two bullish trend lines with support at $83.00 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price is about to break the $86 resistance and move towards the $90 … Continue reading Ethereum Price Technical Analysis – ETH/USD Can Test $90

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