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Cryptocurrency News

Tue, Jan 16th, 2018
Bitcoin prices fall as South Korea says ban still an option

SEOUL, South Korea (AP) — Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still...

Bitcoin (BTCUSD) Weekly MACD Trying to Negatively Cross

Bitcoin (BTCUSD) is breaking below a 2 month triangle support line (on the daily chart) today, and at risk this week of breaking below triangle support (on the weekly chart). Significantly, the weekly...

Ethereum Classic Price Technical Analysis – ETC/USD Declines Below $40

Key Highlights Ethereum classic price after a decent upside move faced sellers near $47-48 against the US dollar. There is a declining channel forming with resistance at $40.50 on the hourly chart of the...

Ethereum Price Technical Analysis – ETH/USD Declined Below $1275

Key Highlights ETH price was under a lot of pressure and it declined below the $1300 and $1275 supports against the US Dollar. There are two bearish trend lines forming with resistances at $1276 and $1320...

Bitcoin Cash Price Technical Analysis – BCH/USD in Trouble

Key Points Bitcoin cash price failed to stay above the $2400 support area and moved down against the US Dollar. There is a major bearish trend line forming with resistance at $2400 on the hourly chart...

Bitcoin Price Technical Analysis for 01/16/2018 – Complex Head and Shoulders Ready to Break?

Bitcoin Price Key Highlights Bitcoin price is back to testing the support of its descending triangle pattern, which also happens to be the neckline of a complex head and shoulders formation. A break below...

Only 20% of Bitcoin’s left to be mined

Part of the appeal of Bitcoin is its finite nature and the fact that there will only ever be 21 million of them. This notion has undoubtedly fueled its meteoric price rise of over 1700% in 2017 from around...

Only three days – 15, 16 and 17 of January: 50% discount on Blockchain & Bitcoin Conference Philippines

Pay less and discover more: buy tickets to Blockchain & Bitcoin Conference in Manila with 50% discount   Only from 15 to 17 January, register to Blockchain & Bitcoin Conference Philippines and get a ticket...

France wants tougher rules on bitcoin to avoid criminal use

PARIS (AP) — France's finance minister says he wants new regulation targeted at virtual currencies, to stop them from being used for tax evasion, financing terrorism and other crime.

Bitcoin Analysis January 16, 2018

BTC/USD Bitcoin markets went back and forth during the trading session on Monday, but then rallied. The market continues to be range bound, and as we are on the bottom half of the consolidation area, we...

Ethereum Analysis January 16, 2018

ETH/USD Ethereum markets rallied significantly over the last couple of weeks, but Monday was rather quiet. It looks as if the $1300 level is offering a bit of support, just as the uptrend line just below...

Antpool Ups the Native BCH Block Size to 4MB, Upgrade to 8MB may Follow Soon

It has become evident good things are happening in the Bitcoin Cash ecosystem. We see more transactions than ever before. Although this may be s spam attack, the network handles things relatively well....

Ethereum Analysis January 15, 2018

ETH/USD Ethereum markets rally during the Friday session, as it looks like we are trying to break above the $1300 level again. With this bounce it looks likely that we will not only reach that level, but...

Bitcoin Mining Hardware Firm Posts Massive 2017 Profits

According to their co-chairman Kong Jianping, a company making Bitcoin mining hardware has posted sales of over 1.2 billion yuan (US$ 185.2 million) during 2017. This translates in a profit of a staggering...

Terab Project Allows Bitcoin Cash to Scale to one Terabyte Blocks

Forcing cryptocurrencies to scale will always remain a very troublesome topic by the look of things. Bitcoin shows such issues can effectively cripple a network with relative ease. Project Terab, an open...

Bank Indonesia Team Up With Police to Clampdown on Bali Bitcoin Transactions

Indonesia’s Central Bank, Bank Indonesia (BI), have united with the national police service to tackle the illegal use of Bitcoin in Bali. According to them, the tourist hot spot is much more likely to...

Bitcoin Gold Price Technical Analysis – BTG/USD Downsides Supported

Key Points Bitcoin gold price started a downside correction from the $369 high against the US Dollar. There is a major bullish trend line forming with support at $265 on the hourly chart of BTG/USD (data...

Project Districts Gears Up for the North American Bitcoin Conference following their Participation at Dubai International Blockchain Summit

Projects Districts, the world’s first fully decentralized virtual ecosystem designed to project real-world and ethereal experiences to users, is now making the headlines on a regular basis. After attending...

Debitum Network Leverages Ethereum Blockchain to Deliver Game-changing Small Business Finance Solution

Debitum Network, a business financing blockchain startup, is quickly emerging as a robust small business finance solution that promises to eliminate the need for the highly over-regulated intermediaries....

NEO reaches record high

There will always be winners and losers in the crypto race, and while most altcoins are still flying high from levels a couple of months ago, some tend to stand out in the crowd. NEO is one of those coins...

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps ( ESH18 +0.17%) this morning are up +0.21% at a fresh record nearest-futures high on optimism for strong Q4 corporate earnings results. Also, stronger-than-expected China Dec exports also bolstered... Read More

Chart of the Day

Chart of the Day

Galectic Therapeutics (GALT) is the Barchart Chart of the Day.  The pharmaceutical stock has a Trend Spotter buy signal, a Weighted Alpha of 263.70+ and gained 453.77% in the last year.
Read More

Brugler Ag Report

Today's Commentary

Corn futures settled Friday with most contracts 2 to 3 cents lower in the face of another record corn yield. A private export sale of 320,000 MT of 17/18 corn was reported to Unknown Destinations through the USDA’s daily system. NASS updated th...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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