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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

Bitcoin Price, Altcoins Poised For Further Weakness

30.9.2019
This past week, bitcoin price declined heavily below the USD 9,000 and USD 8,500 support levels. BTC/USD even traded below USD 8,000 and it is currently (08:00 UTC) showing signs of bearish continuation. Similarly, most major altcoins, including ethereum, ripple, EOS, BNB, litecoin, bitcoin cash...

Bitcoin Could Decline Further, Altcoins Won't Go Down Quietly

27.9.2019
After consolidating losses and a short term upside correction, bitcoin price resumed its decline below the USD 8,300 level. BTC/USD even broke the USD 8,000 support area and traded to a new monthly low near USD 7,750. The price is currently correcting losses (08:00 UTC), but upsides are likely...

Bitcoin Price and Altcoins Might Drop Further

25.9.2019
After bitcoin price struggled to climb above USD 10,000, the bears took control. As a result, there was a massive drop in BTC/USD below the USD 9,500 and USD 9,000 support levels. The price traded towards the USD 8,000 level and recently started an upside correction. Similarly, there were heavy...

Crypto Market Sentiment Drops Further; BTC and XMR This Week’s Losers

23.9.2019
We find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization at 5.01/10 this week, compared to 5.22 last Monday, thus dropping for the second week in a row, according to Omenics, a crypto market sentiment analysis service. For the third week in...

Iran Is Being Targeted for Economic Independence, Not Terrorism

22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

Most Top 10 Coins' Trading Volumes Increase; BTC's Drop Further

19.9.2019
After the July and August drop in trading volumes for the top 10 coins, some of them have seen an increase in daily average volumes in September. Bitcoin’s (BTC) volumes, however, decreased further. Comparing the total trading volume in June, when bitcoin price jumped above USD 13,000, and that...

Atomars Announces Listing of Tron; Could Further Propel Adoption of TRX

19.9.2019
Founded in the year 2017, Tron is a distributed ledger platform and counted among one of the key players in the blockchain industry. The company is led by Justin Sun and has got many credible technology stalwarts in its list of core team members. The cryptocurrency used by the network is Tronix...

Unfavorable Market Condition Nudges EOS Further down

12.9.2019
EOS falls to $3.714 after a half percent cut. The next support may come at $3.54. Amidst the uncertainties and volatile fluctuations in the market, EOS has lost almost 0.5% in the last 24 hours. The four significant price variations made the coin to be traded near 3.71 USD. However, as per...

Ripple Loses Value to $0.2591, May Fall Further to $0.2567

9.9.2019
Ripple is down by 0.5% over the last 24 hours and falls miles behind its weekly high. The coin’s next halt may happen at 0.2567 USD. Ripple has been following the market trend and falls by 0.5% in the last 24 hours; the coin is now at 0.2591 USD. XRP has seen four major price … The post...

Ripple Price Dipped Further in a Day; 4-Hourly Chart Appears Positive

7.9.2019
Ripple manifests a price decline over a day, sees a sharp fall of more than 3% XRP battles with bears for recovery, yet to even cross $0.2530 The 4-hourly chart shows a minor increase, though, Ripple seems range-bound near $0.25 since long The crypto market seems again under a tight grip of bears...

Mogu Expands Further with Listing on Cointiger Global Exchange

5.9.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com. _________ Mogu Token (MOGX) Official CoinTiger Exchange Listing Announcement MOGX/USDT Trading Pair Listed on CoinTiger SINGAPORE, September 5th 2009 - Mogu, an Asia Pacific based technology firm that is currently...

Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached

27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...

IOTA Price Analysis: IOTA Price Movement Suggests A Further Uptrend

26.8.2019
IOTA was trading at $0.3057 on 26-July-19 at 01:00 UTC. There were two sharp falls in the next two days, and the IOTA reached $0.2694 on 28-July-19 at 22:00 UTC. From 29-July-19 till about 8-Aug-19, the coin was moving at almost the same pace. Post-9-Aug-19, the price of IOTA gradually started...

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