FxWirePro: BTC/SGD downside capped by 61.8% fibo, good to buy on dips
Dec 07, 2016 11:41 am UTC| Digital Currency
BTC/SGD is seen trading slightly above on Wednesday. The pair has recovered slightly after making a low of 1048 on Monday (ITBIT). It is currently trading around 1081.97 at the time of writing. Ichimoku analysis of...
Circle stops bitcoin exchange services to customers to focus on mobile payments
Dec 07, 2016 11:28 am UTC| Digital Currency
Blockchain startup Circleannounced that it has eliminated the ability for customers to buy and sell bitcoins directly on Circle in order to focus more on mobile payments. The company has introduced a new preferred bitcoin...
Saxo Bank sees huge gains for cryptocurrencies in 2017, expects bitcoin to test $2,100
Dec 07, 2016 11:24 am UTC| Digital Currency
As the countdown for 2017 begins, Saxo Bank, the online multi-asset trading and investment specialist, has released its annual set of Outrageous Predictions for the forthcoming year. After a year in which reality has...
FxWirePro: ETH/USD faces strong resistance at 10-EMA, good to sell on rallies
Dec 07, 2016 10:26 am UTC| Digital Currency
ETH/USD broke below the 6.00 mark on Tuesday and hit a 9-month low of 5.92 levels. However, it restored strength and closed 7.75 levels. It is currently trading at 7.33 levels at the time of writing (Kraken). Long-term...
FxWirePro: ETH/EUR upside capped by 10–day MA, good to sell on rallies
Dec 07, 2016 10:01 am UTC| Digital Currency
ETH/EUR is seen fluctuating and trading in red on Wednesday. The pair recovered sharply from the low of 5.58 made yesterday (KRAKEN). It is currently trading around 6.96 at the time of writing. Ichimoku analysis of...
'Bitcoin is legal', says Russian Federal Tax Service
Dec 07, 2016 09:58 am UTC| Digital Currency
The Federal Tax Service of the Russian Federation released a document last week describing the status of digital currency such as bitcoin in the country. According to the document, it is legal to own and use digital...
FxWirePro: BTC/EUR faces strong resistance at 729 level, good to sell on rallies
Dec 07, 2016 07:37 am UTC| Digital Currency
BTC/EUR is seen trading below on Wednesday. The pair declined slightly below psychological level 700 and jumped very lightly from that level (COINBASE). It is currently trading around 704.74 at the time of...
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