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Fiat-like Convenience for Crypto Users Has Arrived

The saying goes that “cash is king,” but that doesn’t seem to be the case any longer. The mobile payment industry is projected to grow to over $1 trln in 2019,  rising to $3 trln by 2022, according to research firm Statista.Even more promising for mobile payments is the demographics of that growth. India already has 98% of economic transactions being conducted electronically and China h

Bitcoin Price Watch; Here’s What’s On This Evening

So that is another day complete from a European perspective in our bitcoin price trading efforts and, just as we suggested might be the case this morning, it’s been a pretty strange one. Action is all over the place at the moment and this is making difficult to establish any sort of consistent strategy. It’s not impossible, of course, and our intraday strategies were designed to make it as sim

Bitcoin Price Watch; Here’s What’s On This Morning

Things have been pretty volatile overnight in the bitcoin price and we are heading into the session today (Tuesday, European morning) with a degree of uncertainty as to how things are going to play out moving forward. It’s not that we have seen any large-scale price moves or anything like that, but there seems to be a battle going on between the bulls and bears and this sort of consolidation act


General NotesUSD remains firm across the boardNEOUSD TECHNICAL ANALYSISFigure 1: NEOUSD Daily Chart for 17.10.2017Weak price movement and horizontal consolidation continues as bears and bulls size each other up. As a matter of fact, bull volumes remain muted for the second day in a row with price action stuck within a tight $4 range inside Sunday’s Hi-Los. The resistance trend lines drawn from 0

DASH/USD and LTC/USD Technical Analysis October 17 2017

Hello and welcome to News BTC’s Market Outlook October 17.[embedded content]DASH/USDDASH continues to be very choppy, but we did have a slightly positive session on Monday. It looks as if the $315 level is causing a bit of resistance though, and we may have some choppiness to get through in order to go much higher. Once we do, I suspect that the next target is going to be $322.50, which has prev

Bitcoin Price Technical Analysis for 10/17/2017 – Ascending Triangle Pattern

Bitcoin Price Key HighlightsBitcoin price is pausing from its strong rally, consolidating on the short-term time frames while waiting for more momentum.Price has formed higher lows and found resistance around $5800, creating an ascending triangle formation.Price is currently testing the triangle support and could be due for a move back to the top.Bitcoin price has formed an ascending triangle on i

Bitcoin Cash Price Technical Analysis – BCH/USD Neutral Above $300

Key PointsBitcoin cash price is holding the $300 support against the US Dollar and is trading in a range.Yesterday’s highlighted contracting triangle pattern with current resistance at $323 holds the key on the hourly chart of BCH/USD (data feed from Kraken).The price is likely to remain in a small range before making the next move, probably above $325.Bitcoin cash price is consolidating above $


Robert Shiller: “Bitcoin is a Fad” but “I’ll take Bitcoin”

Nobel Prize-winning economist Robert Shiller appeared on CNBC’s “Closing Bell” earlier today. During the interview he commented on the “strange enthusiasm” people seem to have for Bitcoin but ultimately sums up the cryptocurrency up as a “fad”, comparing it to the phenomena of bimetallism.For those unaware, bimetallism refers to a trend that occurred in the late nineteenth century. P

Bitcoin Price Watch; Here’s What’s On Tonight

The end of the European session has arrived and it’s time to take a second look at the action we’ve seen in the bitcoin price throughout the day and, in turn, to get some levels put in place that we can use to hopefully draw a profit from the market moving forward.Action today has been pretty volatile, with the bitcoin price now trading a little down on the price that we were looking at this m


NEOUSD TECHNICAL ANALYSISThat flash buy on Friday pushed NEO prices higher. However, since price movement over the weekend remained muted, the minor resistance trend line drawn from 08.10.2017 and 14.10.2017 highs and the 20 period MA is a lifeline for NEO bulls. Right now, the price is rejecting any price above $30 and continues to trend lower. Anyway, my deduction is simple, there is no buy sign