Bitcoin Blockchain and Cryptocurrency News Center
Bitcoin price is showing positive signs above $58,500 and $59,500 against the US Dollar. BTC is likely to accelerate higher above $61,000 and $62,000 in the near term, the NewsBTC predicts. Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance levels. The price is now trading above the $60,000 support and the 100 simple […]
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum. Dan Tapiero, the co-founder of 10T Holdings, said weak hands have been shaken out in the gold market. This raises the probability of a gold rally in the near term, especially as it comes off of an […]
USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000, the Cointelegraph reported. Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next? With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that […]
Ripple retested the $0.2380 support zone against the US Dollar. XRP price is likely to start a fresh rally once it clears the 100 hourly SMA and the $0.2460 resistance region, the NewsBTC predicts. Ripple is recovering higher after tagging the key $0.2380 support zone against the US dollar. The price is trading near the […]
Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the United States dollar with a digital currency similar Facebook’s Libra. Delivering his speech at the U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney said that a Libra-like digital currency could replace the U.S. dollar as the world’s […]