Analytics

Bitcoin price prediction: BTC/USD journey back into the $8,500-zone hampered by multiple resistance levels – Confluence Detector

October 12, 2019 Off

The daily confluence detector shows two healthy resistance levels on the upside. On the downside, there is one support level of note at $8,235. BTC/USD has gone up from $8,267.85 to $8,290.60 so far today. Like the rest of the crypto market, BTC/USD suffered a heavily bearish Friday, as well. The price of the asset…

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Ripple technical analysis: XRP/USD consolidates in a flag formation as bulls attempt to break above downward trending line

October 12, 2019 Off

The daily XRP/USD chart has found support at the SMA 50 curve. The Elliott Oscillator had a bearish session after six straight bullish sessions. XRP/USD daily chart XRP/USD bulls have taken control of the daily price chart following two straight bearish days and are attempting to break above the downward trending line. The price is…

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XMR, DASH, ZEC, ZEN and SBTC delisted by OKEx Korea

October 12, 2019 Off

OKEx announced the delisting of these privacy coins back on October 2. The firm will review compliance with the “Travel Rules” as per recommendations by the Financial Action Task Force. Crypto exchange OKEx Korea stopped trading Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on October 10. Back on October 2, the…

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PBOC hires six tech experts for its upcoming digital currency

October 12, 2019 Off

The bank is looking for experts in computing, cryptography, micro-electronics, and econometrics. PBOC recently denied claims that they are going to be launching a digital currency. Despite declining reports about its alleged digital currency, PBOC’s actions have spoken otherwise. The People’s Bank of China (PBoC) has hired six tech experts after posting job openings for…

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China officially invited Lighthizer, Mnuchin and their teams for additional trade talks in China – CNN

October 11, 2019 Off

According to Cristina Alesci, business and politics correspondent for CNN, China has officially invited the United States (US) Trade Representative Lighthizer and Treasury Secretary Mnuchin and their teams for additional trade talks in China ahead of next month’s APEC summit in Santiago. Wall Street’s main indexes seem to be pushing higher on this development. As…

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