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Crypto Technicals: Bitcoin trades below $8000 mark, close below 21-EMA eyes $6900

Jun 04, 2019 08:36 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 7683 (23.6% Fib); Resistance: 8359 (5-DMA) Technical Analysis: Bias Bearish BTC/USD extends weakness for the second straight session, slips below $8000...

Digital Currency Revolution Series: An analysis of bitcoin’s whipsaw, bullish/bearish engulfing patterns and open interest

Jun 04, 2019 08:36 am UTC| Technicals Digital Currency Insights & Views

We emphasized the skepticism onBTCUSDs further bullish prospects at $9,096 levels while highlighting whipsaw pattern in our technical section. Whipsaws pattern, at the stiff resistance of $8,843 levels, signaled...

Cryptocurrency Derivatives Series: What Does Spike in BTC Futures OI And Dip in Bitcoin Price Below 8k Mean?

Jun 04, 2019 07:59 am UTC| Research & Analysis Digital Currency Insights & Views

After bullish trading streaks about two months or so and June month began sensing some sort of correction again, Bitcoin (BTC) upswings seem to have been exhausted for now. The largest cryptocurrency in the market tumbles...

Crypto Technicals: IOT/USD holds 200-SMA support, break below eyes 21-EMA (0.43)

Jun 03, 2019 13:17 pm UTC| Digital Currency Technicals

IOT/USD chart - Trading View Exchange - Bitfinex Support: 0.4308 (21-EMA); Resistance: 0.5235 (Upper BB) Technical Analysis: Bias Bearish IOT/USD edges higher from session lows at 0.4650, bias has turned...

Digital Currency Revolution Series: ETC/USD Outperforms Among Crypto-Avenue on Ethereum Classic Atlantis Hard-Fork

Jun 03, 2019 11:59 am UTC| Technicals Digital Currency Insights & Views

Of late, Ethereum classic has shown considerable returns, more than 92% in just 4-months, currently, trading at 9.657 level against a dollar. The bullish streaks have continued for this month as well on Stevan Lohja,...

Crypto Technicals: XMR/USD capped at 61.8% Fib, weakness likely on break below 21-EMA

Jun 03, 2019 11:47 am UTC| Digital Currency Technicals

XMR/USD chart - Trading View Exchange - Binance Support: 88.53 (21-EMA); Resistance: 97.53 (61.8% Fib) Technical Analysis: Bias Neutral XMR/USD extends sideways grind after being capped at 61.8% Fib. The...

Crypto Technicals: BTC/USD consolidates below 200-SMA, scope for weakness on bearish divergence

Jun 03, 2019 10:58 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 8196 (20-DMA); Resistance: 8601 (converged 21 and 55-EMA) Technical Analysis: Bias neutral BTC/USD trades 2.79% lower on the day at 8492 at 10:35...

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Economy

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Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

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China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Technology

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Z.AI Shares Slide 7% After $5 Billion Fundraising

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Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

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Trump Vows to Keep U.S. Ahead of China in AI Race

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Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...
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