FxWirePro: ETH/USD breaks above 21-DMA, good to buy on dips
Dec 29, 2016 08:50 am UTC| Digital Currency
ETH/USD soared higher on Thursday on the back of newly found momentum and has broken 21-day MA. It is currently trading at 8.19 levels (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 7.49 Kijun-Sen:...
FxWirePro: Is Bitcoin volatility good for hedging? What does 2017 mean for BTC/USD?
Dec 29, 2016 07:49 am UTC| Digital Currency Commentary
Well, before getting into core forecast, wish you all the best to begin with 2017, the low volatility for bitcoin has reasonably been foreseen in this new year (possibly a couple of hiccups every now and then), but a...
IRS challenges Coinbase customer’s motion to block investigation
Dec 29, 2016 07:33 am UTC| Digital Currency
The Internal Revenue Service (IRS) is seeking to dismiss the filing by Coinbase customer Jeffrey K. Berns, which sought to block the IRS from accessing personal and transactional information of individuals who used the...
Travel agency Destinia to operate exclusively in bitcoins in Venezuela
Dec 29, 2016 06:47 am UTC| Digital Currency
Venezuelan economy has been in the strong clutches of severe economic crisis for quite some time now. According to the International Monetary Fund, consumer-price inflation is forecast to hit 480% this year and top 1,640%...
DASH/ USDT faces strong resistance around USDT10.66, break above targets USDT11.22
Dec 28, 2016 13:08 pm UTC| Digital Currency
DASH/USDT is seen trading above on Wednesday. The pair has recovered sharply from the low of USDT9.50 level (Poloniex). DASH/USDT broken minor resistance of USD10.29 high made on 26th Dec. It is currently trading around...
BTC/CNY hits fresh year high, jump till 7000 likely
Dec 28, 2016 11:20 am UTC| Digital Currency
BTC/CNY is seen trading well above on Wednesday, hitting a fresh year high. The pair broken the high made on yesterday and jumped sharply 6885 levels (BTCCCHINA). It is currently trading around 6859 at the time of...
FxWirePro: ETH/USD takes support at 7, good to go short on break below
Dec 28, 2016 09:31 am UTC| Digital Currency
ETH/USD is continuing its rangebound trade on Wednesday as well, with its upside capped by 7-EMA. It is currently trading at 7.19 levels (Kraken). Long-term trend: Bearish Short-term trend: Bearish Ichimoku...
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