Bitcoin Price, Altcoins Poised For Further Weakness


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...

Ethereum Declines by 5% in the Last 24-hours; Shows No Signs of Improvement


Ethereum loses 5% overnight to touch 165 USD. The next support may come at 162 USD. Ethereum (ETH) has been down by 5% over the last 24 hours and it has been through five major price changes, within the said time. The range of the price movements has been between 174 USD and 165 USD. … The...

Ripple Tumbles by 1.5% Overnight with no Signs of Strength


Ripple loses 1.5% to fall below 0.24 USD over the last 24 hours. The next support for XRP may come at 0.2323 USD, if the coin falls even further. Ripple (XRP) has lost almost 1.5% in the last 24 hours and the current value has now gone below 0.24 USD. The range of the price … The post Ripple...

IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft


The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing...

Bitcoin Continues the Fall; Trades Below $8000


Bitcoin falls below 8000 USD in the last 24 hours The next support may come at 7704 USD The last week’s disastrous price movement is continuing in most of the major coins. Bitcoin has been down below 8000 USD. In the last 24 hours, with a single sign of growth, it has traveled from 8200...

Bithumb Acquisition Deal ‘Off’ as Chinese, American Investors Close in


South Korean cryptocurrency exchange Bithumb is likely to end up “in Chinese or American hands” with the company that had agreed to buy the exchange expected to default on payment. As previously reported, South Korean-owned, Singapore-based BK Consortium last October agreed to pay some USD...

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