
FxWirePro: ETH/EUR recovery lacks momentum, break above 5-DMA could see minor upside
Jun 12, 2018 10:26 am UTC| Technicals Digital Currency
ETH/EUR extends range trade for the 2nd consecutive session, bias lower. The pair is consolidating break below Symmetric Triangle, scope for weakness. Technical studies support downside. Momentum indicators are...

FxWirePro: ETH/USD consolidates in narrow range, bias bearish, good to go short on break below 500
Jun 12, 2018 10:06 am UTC| Digital Currency
ETH/USD is consolidating in a narrow range on Tuesday and trading at 535 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 553 (4h 20-SMA) and a break above would see it testing 576...

FxWirePro: BTC/USD remains rangebound below 7000, bias bearish
Jun 12, 2018 09:49 am UTC| Digital Currency
BTC/USD remains range bound on Tuesday and is trading at 6852 levels at the time of writing (Bitstamp). On the upside, the pair is hovering around 6863 (1h 50-SMA) and a break above would target 7000/7213 (2h 50-SMA)....
Crypto exchange Coinbase announces Ethereum Classic support
Jun 12, 2018 09:00 am UTC| Digital Currency
Cryptocurrency exchange company Coinbase has announced its support for Ethereum Classic (ETC). In an official blog post, Coinbase said: We are pleased to announce our intention to add support for Ethereum Classic...

FxWirePro: BTC/EUR trades rangebound below 6000 handle, bias lower, stay short
Jun 12, 2018 06:47 am UTC| Technicals Digital Currency
BTC/EUR consolidates break below major trendline support at 5920, bias lower. The pair has edged higher from fresh 2-month lows at 5635, but upside remains capped below 6000 handle. Technical indicators are...
UK FCA cautions banks against crypto risks
Jun 12, 2018 06:42 am UTC| Digital Currency
The UK Financial Conduct Authority has issued a letter to banks highlighting the potential of cryptoassets to be used for illicit activities and urging them to enhance their scrutiny when dealing with clients engaged in...
Lithuania issues ICO guidelines
Jun 12, 2018 06:02 am UTC| Digital Currency
Lithuanias Ministry of Finance is the latest financial regulator to issue guidance on initial coin offerings (ICOs). The ministry said that due to the different ICO models and different characteristics of tokens, ICOs...