S&P 500 Gains Can Earn You Bitcoin on New Bain Capital-Backed Exchange

Crypto investors have a new way to bet on the price of bitcoin – or on traditional assets – with the formal launch of EverMarkets Exchange (EMX)’s derivatives platform. The Palo Alto, California-based startup was founded two years ago and opened the exchange to a restricted audience at the end of May 2019. Effective Monday, the market is now available to participants worldwide – though U.S. residents are excluded. Co-founder Craig Austin told CoinDesk that the company wants to give customers access to a “world market” by trading derivatives tied…

Bitcoin Trimming Gains While Ripple Price (XRP) Extending Losses

Ripple price failed to hold the key $0.4500 support and declined heavily against the US dollar. The price even broke the key $0.4220 support level and it is now trading below $0.4150. There is a short term contracting triangle forming with resistance near $0.4120 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price also declined heavily and it even broke the key $300 support area. Ripple price is facing a strong selling interest against the US Dollar, while bitcoin is trimming gains. XRP price could…

Bitcoin Correcting Gains While Ripple Price (XRP) Struggles To Hold Support

Ripple price failed to climb above the key $0.4950 resistance level and declined against the US dollar. The price broke the $0.4700 support and it is currently struggling to hold the $0.4500 support. There was a break below a major bullish trend line with support at $0.4690 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price corrected gains, but it is holding the key $320 support very well. Ripple price is struggling to hold a few important supports against the US Dollar, while bitcoin is…

Bitcoin Whales Are Cashing in as Gains Slip Away

After a wave of aggressive buying, bitcoin whales are taking some profits. The “big money” investors drove the price up as high as nearly $14,000 in the last 24-hour period, reminding the crypto community of how the market dynamics can change on a dime. Now it seems they are cashing in on some of their fortunes as the buying momentum stops dead in its tracks. After rising as much as 22% in the last 24 hours, the BTC first slashed those gains in half. Now the gains are slipping away.…

Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

View Bitcoin’s price consolidation in a tight range continues for the eighth day, as litecoin rallies to its highest level since May 2018. BTC’s 4-hour chart shows $8,053 is the level to beat for the bulls. A high-volume break higher could be followed by a rise to $8,500. LTC looks set to extend its recent rally as per the 3-day chart. LTC already rallied more than 100 percent in the last six weeks, so a pullback to $120 could be seen before further gains. Bitcoin (BTC) is lacking a clear…

Bitcoin (BTC) Price Consolidating Gains: Downside Thrust Before Higher

Bitcoin price started a decent upward move above the $8,500 level against the US Dollar. The price is trading with a positive tone above $8,600 and the 100 hourly simple moving average. There is a key bullish trend line forming with support at $8,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently consolidating and it could soon climb above the $8,800 resistance. Bitcoin price is currently trading in a range above $8,600 against the US Dollar. BTC could start a sharp upward…

Bitcoin (BTC) Price Targets Additional Gains: Dips Remain Supported

Bitcoin price started a fresh increase after forming a support base above $6,900 against the US Dollar. The price gained bullish momentum above $7,400 and settled above the key $7,650 pivot level. There is a major bullish trend line forming with support near $7,610 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains well supported on the downside above $7,600 and it could soon break $8,200. Bitcoin price is positioned nicely in the positive zone above $7,600 against the US Dollar. BTC could correct…

Bitcoin (BTC) Price Correcting Gains: Key Supports Nearby

Bitcoin price traded to a new 2019 high at $8,370 and recently corrected lower against the US Dollar. The price traded below the $8,200 support, but there are many supports above $7,800 and $7,600. This week’s followed bullish trend line could provide support at $7,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). There were strong gains in Ethereum (broke $265) and ripple (tested $0.4800) in the past few hours. Bitcoin price traded further higher before it faced sellers near $8,370 against the US Dollar. BTC…

Tether Scandal Sparks Bitcoin Price Gains; Litecoin, Bitcoin Cash Up 4%-11%

By CCN.com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2.3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U.S. dollar. The unexpected recovery of the crypto market overnight comes after the office of the New York Attorney General filed a lawsuit against iFinex, alleging Bitfinex of mismanaging the cash reserves of stablecoin Tether. On April 30, as CCN reported, the general counsel of Tether stated…

Bitcoin Stirs Imminent Crypto Bull Stampede with 44% Gains in 2019

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Year-to-date, the bitcoin price has increased by 44 percent against the U.S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside…