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Cryptocurrency Brief: Bitcoin touches 2-week high following Short Squeeze on BitMex, UAE-based ADAB Solutions to launch first Shariah-compliant crypto exchange – Wednesday, August 22nd, 2018

BTC/USD: Bitcoin prices touched a two-week high during late European session Wednesday, climbing to a high of $6,899 after a Short Squeeze on BitMex, a popular derivatives exchange forced investors to buy more to cover...

Shampa Mani
Wed, 22 Aug 2018, 12:22 pm UTC
Investing
FxWirePro: Bears keep ETH/USD below 300, further bullishness only on decisive break above

(Refer ETH/USD chart on Trading View) ETH/USD continues to consolidate in a narrow range as it faces strong resistance at 300 levels. It is currently trading at 284 levels at the time of writing (Coinbase). On the...

Shampa Mani
Wed, 22 Aug 2018, 11:18 am UTC
Investing
FxWirePro: BTC/USD surges by $400 in an hour, bias neutral

(Refer BTC/USD chart on Trading View) BTC/USD surged to 6906 levels earlier in the day. Reports suggest that the spike coincided with BitMEX halting its services for maintenance purposes. The pair is currently...

Shampa Mani
Wed, 22 Aug 2018, 07:34 am UTC
Investing
Cryptocurrency Brief: Bitcoin prices recover but struggle to hold $6,500 mark, Bitcoin ABC unveils details of BCH hard fork in September – Tuesday, August 21st, 2018

BTC/USD: Bitcoin prices, gained during European session Tuesday, albeit struggling to hold the $6,500 mark, after a slew of disappointments off late. On Monday, Chinese regulators had arrested three individuals found...

Shampa Mani
Tue, 21 Aug 2018, 12:01 pm UTC
Investing
FxWirePro: BTC/EUR finds stiff resistance at 21-EMA, further upside only on break above

BTC/EUR is consolidating break below daily cloud, bias remains bearish. The pair is trading 2.59% higher on the day, but lacks momentum to extend gains. Upside finds stiff resistance at 21-EMA at 5762, we see...

Shampa Mani
Tue, 21 Aug 2018, 12:01 pm UTC
Investing
FxWirePro: ETH/USD upside capped by 10-DMA, bias lower

(Refer ETH/USD chart on Trading View) ETH/USD dropped to 268 levels on Monday as it failed to hold above 300. It is currently trading at 282 levels at the time of writing (Coinbase). On the upside, immediate...

Shampa Mani
Tue, 21 Aug 2018, 11:25 am UTC
Investing
Cryptocurrency Brief: Bitcoin tests $6,500 mark, Chinese regulators arrest 3 in $87 mln digital theft, Ethereum’s Lubin views bearishness as no hurdle to growth – Monday, August 20th, 2018

BTC/USD: Bitcoin prices, once again disappointed market participants is testing the $6,500 mark during European session Monday after Chinese regulators have arrested three individuals found accused and guilty for $87...

Shampa Mani
Mon, 20 Aug 2018, 11:47 am UTC
Investing
FxWirePro: ETH/USD fails to hold above 300, good to go short on rallies

(Refer ETH/USD chart on Trading View) ETH/USD surged to 322 levels on August 18, but failed to hold its strength above the 300 mark. It is currently trading at 290 levels at the time of writing (Coinbase). On the...

Shampa Mani
Mon, 20 Aug 2018, 11:38 am UTC
Investing
Bitcoin volatility intensifies as price oscillates between 5.7k- 11.7k on lingering optimism of SEC’s ETF approval – Stay long hedge in CME futures

Although the bulls have attempted to bounce back last week from the lows of $5,858.6 levels bears have resumed today at $6,748 levels (i.e. (7-EMAs), the bullish momentum is not convincing. As a result, the trend goes in a...

Shampa Mani
Mon, 20 Aug 2018, 10:59 am UTC
Investing
FxWirePro: BTC/USD extends consolidation, further bullishness only on decisive break above 2h 200-SMA

(Refer BTC/USD chart on Trading View) BTC/USD continues to struggle for a decisive break above 6500 levels. The pair is currently trading at 6442 levels at the time of writing (Bitstamp). On the upside, a decisive...

Shampa Mani
Mon, 20 Aug 2018, 07:30 am UTC
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