Tag Archives: key

JPMORGAN: A key component of bitcoin’s design might be its achilles heel during a financial meltdown

A worker checks the fans on miners, at the cryptocurrency farming operation, Bitfarms, in Farnham, Quebec, Canada. Reuters/Christinne Muschi JPMorgan in a recent note outlined how bitcoin, since it is decentralized, would hit a speed bump if there were a shock to the economy. Since bitcoin are released at a set rate, there’s no way […]

Key trends in 2018: cryptocurrency, AR and personalised product pages

To say that the retail industry underwent a turbulent 2017 is an understatement. Many of the trends we saw  last year have set the tone for developments in 2018, with a change in direction required from all retailers to ensure they keep pace with the competition. Below are three predictions for the retail industry. Cryptocurrency […]

Ethereum Classic Price Technical Analysis – ETC/USD Breaks Key Resistance

Key Highlights Ethereum classic price made a nice upside move and traded above $25.00 against the US dollar. There is a key bullish trend line forming with support at $27.40 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may correct below the $27.40 level, but the broken resistance at […]

Bitcoin, Ethereum & Litecoin Weekly Key Reversals Point to Rebound

Cryptocurrency Technical Highlights: Bitcoin posted a big key-reversal bar on the weekly time-frame Ethereum did similar, remains the strongest of the group Litecoin reversal from support brings attention on December trend-line See trader positioning in Cryptocurrencies and what it might mean – IG Client Sentiment page. Bitcoin posted big key-reversal bar on the weekly time-frame […]

Chinese traders’ key link to cryptocurrency market in trouble- Nikkei Asian Review

TOKYO — In yet another blow to the cryptocurrency market, Tether, a token often used by Chinese investors to circumvent strict restrictions on trading, has come under official scrutiny in the U.S. America’s Commodities Futures Trading Commission issued a subpoena to Tether and Bitfinex, a cryptocurrency exchange, on Dec. 6, according to reports that surfaced at […]

Ethereum Price Forecast: ETH/USD Rallies Above Key Resistance

Ether’s price surged higher and broke the $800.00 resistance against the US dollar. ETH/USD is showing a lot of positive signs and it could continue to rise. Key Highlights Ether recovered further and broke the $750.00 and $800.00 resistance levels against the US dollar. ETH/USD gained bullish momentum and surpassed a major bearish trendline at […]

Ethereum Price Forecast: Ether Forming a Key Bottom?

Ether bounced back sharply after a major temporary decline against the US dollar. ETH/USD is likely forming a bottom near the $750.00level for the next move. Key Highlights Ether dropped sharply and moved toward the $750.00 support area against the US dollar but recovered immediately. ETH/USD is bouncing and is forming a rejection pattern around […]

Bitcoin drops 12% below key $9,000 level on Coinbase

Bitcoin dropped Thursday to trade below $9,000, a critical level of support that many analysts are watching. The decline followed reports that raised worries about increased regulation in India and potential price manipulation at a major exchange. The digital currency traded nearly 13 percent lower around $8,830 in late morning trading, ET, on Coinbase, the […]

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