Jan 31, 2018 10:51 am UTC| Technicals Digital Currency
BTC/EUR is trading in a narrow range, holds above major trendline support at 7670. The pair had been in a consolidation phase after break below 100-DMA. Price action has now broken consolidation and has resumed...
Venezuelan President signs petro cryptocurrency whitepaper, pre-sale starts February 20
Jan 31, 2018 10:48 am UTC| Digital Currency
Despite Venezuelan parliament declaring Petro cryptocurrency as illegal, President Nicolas Maduro is marching ahead to launch the cryptocurrency. Bitcoin.com reported that Maduro has announced the pre-sale of petro and...
Central bankers likely to discuss cryptocurrencies at G20
Jan 31, 2018 10:06 am UTC| Digital Currency
Major central bank chiefs are expressing their concerns over the growing use of cryptocurrencies. Bank of Japan Governor Haruhiko Kuroda on Wednesday urged firms offering cryptocurrency services to have ample security...
FxWirePro: DASH/USD breaks below 100-DMA at 735, good to go short on rallies
Jan 31, 2018 09:14 am UTC| Technicals Digital Currency
DASH/USD has shown a decisive break below 100-DMA at 735 levels, bias still bearish. The pair is trading in a narrow range on the day, having hit session high at 684 and a low of 642. Technical studies support...
Japanese chat giant LINE to set up cryptocurrency exchange
Jan 31, 2018 09:11 am UTC| Digital Currency
Japanese messaging app giant LINE has announced its plans to enter the cryptocurrency market. LINE Corporation announced on Wednesday a new company, LINE Financial Corporation, in order to strengthen its position in the...
FxWirePro: ETH/USD trades below 20-DMA, good to go short on break below trend line support at 1011
Jan 31, 2018 08:35 am UTC| Digital Currency
ETH/USD failed to hold above 20-DMA on Tuesday and plunged to 1011 levels. It is currently trading at 1098 levels at the time of writing (Kraken). On the upside, immediate resistance is seen at 1119 (20-DMA) and a break...
Jan 31, 2018 07:06 am UTC| Digital Currency
BTC/USD broke below the trend line support on Tuesday and dropped to 9514 levels. It is currently trading at 9990 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 10134 (1h 20-SMA) and a...
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