• The Crypto Daily – Movers and Shakers – 24/02/20
    FX Empire

    The Crypto Daily – Movers and Shakers – 24/02/20

    It’s a bearish start to the week, with Bitcoin unable to hold onto $10,000 levels early in the day. A Bitcoin move through to $9,880 levels would signal a rebound.

  • Coronavirus Updates Drive Demand for the Dollar as Riskier Assets Slide
    FX Empire

    Coronavirus Updates Drive Demand for the Dollar as Riskier Assets Slide

    The Dollar finds early support and risk aversion hits the global financial markets. Coronavirus updates suggest more economic disruption…

  • EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 23/02/20
    FX Empire

    EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 23/02/20

    The majors are on the move early. Breaking back through early highs will be needed, however, to avoid a reversal.

  • EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 22/02/20
    FX Empire

    EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 22/02/20

    It’s been a mixed start to the day. Failure to move back through to key levels by late morning could see the majors take a bigger hit on the day.

  • Suspected drug dealer loses private keys to seized €53.6m Bitcoin
    Coin Rivet

    Suspected drug dealer loses private keys to seized €53.6m Bitcoin

    The Irish Criminal Assets Bureau (CAB) has been unable to access €53.6 million in Bitcoin that was seized earlier this week as the suspected drug dealer lost the private keys. Coin Rivet reported on the case on Wednesday - the largest seizure of assets in Ireland in more than 25 years. While it was initially being hailed as a success it is now being described as a nightmarish situation for Irish authorities, who fear that the Bitcoin fortune will be irretrievable. According to the Irish Times, Clifton Collins bought most of his Bitcoin in 2011 and 2012 using cash he made by growing cannabis, which the Irish High Court ruled as the proceeds of crimes. In early 2017 Collins hadThe post Suspected drug dealer loses private keys to seized €53.6m Bitcoin appeared first on Coin Rivet.

  • Former CFTC Chair: Time for Fed to create digital dollar
    Yahoo Finance

    Former CFTC Chair: Time for Fed to create digital dollar

    Former CFTC Chairman J. Christopher Giancarlo says private and public players need to team up on creating a U.S. central bank-issued digital currency.

  • How the Coronavirus Impacted the Forex Market
    FX Empire

    How the Coronavirus Impacted the Forex Market

    In this article we’ll explore how the epidemic has affected the global foreign exchange market so far.

  • Latest Bitcoin price and analysis (BTC to USD)
    Coin Rivet

    Latest Bitcoin price and analysis (BTC to USD)

    Bitcoin is facing an uncertain weekend of price action following a gruelling week that has seen it slump dramatically from last Thursday's high of $10,500. At the time of writing it was trading above the $9,650 level of support after being propped up by the four-hour 200 exponential moving average (EMA). Weekend price action is typically unpredictable with low volume, which means that values could easily slide in either direction due to a lack of liquidity. A break down from the $9,650 level will bring price targets of $9,350 and $8,830 into the frame, while a break to the upside will undoubtedly cause a re-test of the psychological $10,000 level. It's worth noting that Bitcoin has surged by more thanThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.

  • The Crypto Daily – Movers and Shakers – 21/02/20
    FX Empire

    The Crypto Daily – Movers and Shakers – 21/02/20

    It’s a relatively bullish start to the day for the crypto majors. A move back through to $9,700 levels would support more upside on the day.

  • Private Sector PMIs and the Coronavirus in Focus as Risk Aversion Hits
    FX Empire

    Private Sector PMIs and the Coronavirus in Focus as Risk Aversion Hits

    Private sector PMI numbers put the majors in focus later today. Expect plenty of volatility as risk appetite takes another hit.

  • Latest Ethereum price and analysis (ETH to USD)
    Coin Rivet

    Latest Ethereum price and analysis (ETH to USD)

    Ethereum has remained in a more bullish formation despite delivering a double top on the daily chart. The $286 level remains a key area of resistance for Ethereum following two rejections in the past seven days. However, despite sliding all the way down to $237, it hasn't closed a daily candle below the $258 level of support. This exemplifies the strength and optimism surrounding Ethereum at the moment, which has been bolstered by its outstanding 106% rally since the turn of the year. It is also trading above all key moving average which demonstrates that momentum from a short-term perspective is certainly on the up. The daily 50 EMA also crossed the 200 EMA to the upside on February 10The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.

  • Veteran trader claims XRP could fall to $0.20 as key pattern plays out
    Coin Rivet

    Veteran trader claims XRP could fall to $0.20 as key pattern plays out

    Ripple's XRP token could be on the brink of a major 30% correction if the recent head and shoulders pattern plays out, according to renowned veteran trader Peter Brandt. Brandt explained his view on Twitter by stating: "It will be interesting to see if this H&S top plays out. If so, the target would be $0.2071." XRP is now 23% lower than Saturday's high of $0.35 with it currently trading at around the $0.27 level of support. A head and shoulders pattern in terms of technical analysis is typically a reversal signal which, should it come to fruition, means it will likely cause a new bearish trend. However, one positive for XRP is that it bounced from the daily 200The post Veteran trader claims XRP could fall to $0.20 as key pattern plays out appeared first on Coin Rivet.

  • Bitcoin suffers worst daily candle since September
    Coin Rivet

    Bitcoin suffers worst daily candle since September

    Bitcoin endured its worst daily candle since September with a dramatic $1,000 sell-off within the space of 24-hours. It is now trading below the $9,600 level of support-turned-resistance after dwindling all the way down to $9,350. A breakdown in price from $9,350 will see a re-test of the 200 daily moving average, which is currently in confluence with the $8,830 level of support. Bitcoin is now trading 9% lower than it was this time last week when it tested the $10,500 level as anticipation began to build around May's halving event. In May Bitcoin will undergo its third block reward halving in its history. This has historically caused a significant rally in the price of cryptocurrencies as supply dries upThe post Bitcoin suffers worst daily candle since September appeared first on Coin Rivet.

  • USD/CAD Expectedly Bouncing off the POC Zone
    FX Empire

    USD/CAD Expectedly Bouncing off the POC Zone

    The USD/CAD is in uptrend. The price made the move towards the POC zone and now it is spiking up.

  • Coinbase Pro set to list Kyber Network’s KNC token
    The Block

    Coinbase Pro set to list Kyber Network’s KNC token

    Coinbase Pro, the crypto exchange’s trading platform for experienced customers, is set to list Kyber Network’s KNC token next week.The post Coinbase Pro set to list Kyber Network’s KNC token appeared first on The Block.

  • Economic Data Puts the EUR, the GBP and the U.S Dollar in the Spotlight
    FX Empire

    Economic Data Puts the EUR, the GBP and the U.S Dollar in the Spotlight

    It’s a busy day ahead. With the Dollar sitting on top, today’s stats from the EU are going to need to impress to eat into the Dollar’s current week gains.

  • Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 20/02/20
    FX Empire

    Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 20/02/20

    While it’s a bullish start to the day, a number of the majors have seen their early gains erode. That could test the majors later in the day.

  • EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 20/02/20
    FX Empire

    EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 20/02/20

    Support kicks in early across the crypto board. Failure to move through to key levels by late morning could test the resilience, however.

  • Can Litecoin achieve a new all-time high in 2020?
    Coin Rivet

    Can Litecoin achieve a new all-time high in 2020?

    The 2017 cryptocurrency bull run made history for its rather unexpected yet rewarding nature, with the heavily scrutised Bitcoin rising like a phoenix to $20,000 while other altcoins like Litecoin also surged to new all-time highs. Litecoin's run to $420 was not only one of the most captivating but also one of the most surprising considering its value was just $3 at the start of 2017. March 30 will go down in history for Litecoin bulls as the spark that ignited the tremendous surge in price action. It rose by more than 90% to mark its largest ever one-day gain. The 2018 bear market was as gruelling as 2017 was euphoric. Litecoin fell by more than 75% within the spaceThe post Can Litecoin achieve a new all-time high in 2020? appeared first on Coin Rivet.

  • Irish authorities seize $56M worth of bitcoins from a drug dealer
    The Block

    Irish authorities seize $56M worth of bitcoins from a drug dealer

    The Criminal Assets Bureau, a law enforcement agency in Ireland, has seized €52 million (~$56 million) worth of bitcoins from a drug dealer.The post Irish authorities seize $56M worth of bitcoins from a drug dealer appeared first on The Block.

  • P2P bitcoin exchange Paxful reports $1.6B worth of trading volume for 2019
    The Block

    P2P bitcoin exchange Paxful reports $1.6B worth of trading volume for 2019

    Peer-to-peer (P2P) bitcoin trading platform Paxful has reported $1.6 billion worth of global trading volume for 2019, driven by growth in Africa.The post P2P bitcoin exchange Paxful reports $1.6B worth of trading volume for 2019 appeared first on The Block.

  • Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 19/02/20
    FX Empire

    Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – 19/02/20

    It’s a bearish start to the day for the majors. Expect Bitcoin to provide direction later in the day. A move through Tuesday’s highs would signal a breakout.

  • Economic Data Puts the GBP, USD and Loonie in the Spotlight, with the FOMC Minutes also in Focus
    FX Empire

    Economic Data Puts the GBP, USD and Loonie in the Spotlight, with the FOMC Minutes also in Focus

    It’s a busy day ahead, with inflation figures out of Canada, the UK, and the U.S, and the FOMC Meeting Minutes in focus…

  • The Crypto Daily – Movers and Shakers – 19/02/20
    FX Empire

    The Crypto Daily – Movers and Shakers – 19/02/20

    It’s another choppy start to the day as the majors see red. A Bitcoin move through to $10,200 should deliver support to the broader market.

  • Latest Bitcoin Cash price and analysis (BCH to USD)
    Coin Rivet

    Latest Bitcoin Cash price and analysis (BCH to USD)

    Bitcoin Cash has been one of most affected cryptocurrencies during the recent sell-off, falling by more than 20% after being rejected from the $500 level of resistance. Despite the fact that a number of top altcoins have rallied against their respective BTC trading pairs today, Bitcoin Cash has struggled to make a gain. At the time of writing it was trading at around $391, six percent lower than the crucial level of support turned resistance at $418. The daily 22 exponential moving average (EMA) is now ticking to the downside which suggests that momentum in the short term is driving price towards the $358 level of support. A break below the daily 55 EMA and the $357 level of supportThe post Latest Bitcoin Cash price and analysis (BCH to USD) appeared first on Coin Rivet.