‘Faketoshi’ Craig Wright Deletes Twitter Account Raging

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‘Faketoshi’ Craig Wright Deletes Twitter Account Raging
The Australian businessman and software developer Craig Wright has always been at the first rows of social media controversy. Now, he had his Twitter account deleted following a series of threatening tweets.
‘Faketoshi’ Craig Wright Deletes Twitter Account Raging

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Source: CoinSpeaker

Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed

Coinspeaker
Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed
The ICE’s Data Services will provide real-time and historical data for all the newly added crypto tokens.
Bakkt’s Parent Intercontinental Exchange Lists 58 New Crypto Tokens to Its Data Feed

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Source: CoinSpeaker

Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis

The total crypto market cap is struggling to climb higher and it could break the $133.0B support.
Litecoin (LTC) price moved below the $60 support and it could extend the downside correction.
Bitcoin cash price declined below the $160 support and it may retest the $155 or $150 support.
Tron (TRX) price failed to stay above $0.0230 and it is moving down towards $0.0220.
Cardano (ADA) price is up more than 3% and it is trading nicely above the $0.0500 support area.

The crypto market cap is currently at a risk of a downside break. Bitcoin (BTC), Ethereum (ETH), ripple, litecoin (LTC), bitcoin cash, TRX, XLM and ADA could decline heavily if sellers gain control.
Bitcoin Cash Price Analysis
Recently, bitcoin cash price started a downside correction after it failed to clear the $165 resistance against the US Dollar. The BCH/USD pair corrected lower and broke the $160 support recently. The current price action suggests that the price may move further lower towards the $155 support level.
The main support is near the $150 level, where buyers are likely to emerge. On the upside, an initial resistance is at $160 and $162, above which the price is likely to clear the $165 resistance in the near term.
Litecoin (LTC), Tron (TRX) and Cardano (ADA) Price Analysis
Litecoin price climbed to a new monthly high recently and traded above the $60 level. Later, LTC price started a downside correction and traded below. It seems like there could be more downside and the price may test the $58 or $56 support level. On the upside, the key resistances are $60 and $62.
Tron price remained under a lot of pressure and it recently failed to hold the $0.0230 support level. TRX price is now trading well below $0.0230 and it could continue to move down towards the $0.0220 support level.
Cardano price gained bullish momentum this week and broke the $0.0500 and $0.0510 resistance levels. ADA price is currently up more than 3% and it seems like it could surpass the $0.0520 and $0.0525 resistance levels to move further into the positive zone.

Looking at the total cryptocurrency market cap hourly chart, there were a couple of rejections near the $136.0B and $137.0B levels. The market cap moved down recently and it is currently trading near a crucial support at $133.2B. If there is a downside break, the market cap could decline towards the $132.0B or $130.0B support levels. In the mentioned scenario, there are chances of a downside extension towards the key $125.0B support. On the other hand, an upside break above $135.0B may spark bullish moves in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, XMR, XLM and other altcoins.
The post Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin Cash [BCH] Price Analysis: Token marches on with the bulls

Bitcoin Cash [BCH] built on the bullish momentum in the market, as the coin surged to a price valuation of $162.06. The coin witnessed a significant growth rate of 7.61% over the last 24 hours, against the US dollar. The market capitalization, at press time, was $2.86 billion, and the trading volume recorded over the last 24 hours was around $475 million.
Huobi Global exchange handled the highest amount of trade for the coin and contributed to 6.59% of the collective trading volume, via the trading pair BCH/USDT.
1-hour
Source: TradingView
The 1-hour chart for the token witnessed a massive bull run, as the token underwent multiple uptrends. One of the uptrends extended from $133.9 to $157.20 and was followed by a price hike which stretched the valuation from $155.70 to $163.40. The resistance line, at press time, was marked at $163.60.
The Bollinger Bands indicator suggested a volatile period for the coin as the lines were diverging from each other.
The Relative Strength Index or RSI indicated that the selling and buying pressures evened each other out in the market.
The MACD line demonstrated a bullish run for the coin as the blue line hovered over the red line. However, the MACD line and signal line remained in close proximity, indicating a probable change in trend.
1-day
Source: TradingView
The 1-day chart witnessed a recovery of losses for the token since the valuation went down significantly at the end of last year. The downtrend was from $194.70 to $120.50, but the token recovered after an uptrend from $120.20 to 153.10.
The Parabolic SAR indicated a bullish run as the dotted markers were found under the candlesticks.
The MACD line indicator remained bullish as the blue line was found over the red line in the chart.
The Fisher Transform followed suit, with the indicator giving the upper hand to the bull.
Conclusion
At press time, BCH had consolidated its price valuation in the market, and was set to continue on with its bullish momentum. The long term chart indicated a steady price hike for the coin, as the short term chart remained fairly bullish as well.
The post Bitcoin Cash [BCH] Price Analysis: Token marches on with the bulls appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash (BCH), the instantaneous low-cost fork of Bitcoin has gained 24% in value over the weekend and 6% on the daily index. While Bitcoin has been unable to break past the $4100, the alternative Hard Fork seems to be gaining traction. The 24-hour trading volume on BCH also exceeded 500 million dollars in the past day. The price has risen from $150 to a high of $165 in the daily time-frame.
The total market capitalization of the cryptocurrency market, however, fell below the $140 billion mark again as FUD around ETF approval and wide-scale adoption remains.
Bitcoin Cash (BCH) which is a Hard-Fork of Bitcoin boasts of its technical prowess by increasing the block size. While the advocates of BCH has been criticized on its additional utility, Bitcoin Cash (BCH) is almost as abundantly distributed as Bitcoin, and it is a faster and cheaper alternative to Bitcoin (BTC) too.

The reasons I started investing in Bitcoin in 2011 are the exact same reasons I’m investing in Bitcoin Cash today. pic.twitter.com/OpOV7OKeGN
— Roger Ver (@rogerkver) September 5, 2018

Price Analysis of Bitcoin Cash (BCH)
Leading Chart Analysis, Peter Brandt recently suggested that BCH might be forming a resistance near the $148 level as it looks for a breakout. The price has broken from the resistance and gained 24%, hence the bullish momentum of BCH might continue till it reaches the next resistance near $420 level.

$BCHUSD the next macro cap to complete a bottom? pic.twitter.com/cjQIja0a8B
— Peter Brandt (@PeterLBrandt) March 16, 2019

The price of BCH on 16th December 2018 was $78, which was down almost 98% from it’s All-Time High (ATH). Hence, if fundamentals continue to support, there is a lot of upside to the coin that might be revisited.
The 100-Day Moving Average is close to the 50-Day Moving suggesting a revival of the bullish sentiments in Bitcoin Cash (BCH). However, the RSI index has entered the over-bought region.
BCH-Bitcoin-Cash
Nevertheless, if the cryptocurrency markets take a bearish turn again as apprehended by a couple of experts, it might affect the price of Bitcoin Cash (BCH) as well.
The post Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst appeared first on Coingape.
Source: CoinGape

Bitcoin Cash [BCH] pumps by 9% as market’s bullish wave continues

Bitcoin Cash [BCH] saw yet another significant price increase, days after the coin rose by a whopping 18 percent against the US Dollar. On 16 March, Bitcoin’s [BTC] breach of the $4,000 mark saw the collective market surge, shooting past the $140 billion mark, with top coins in a sea of green. At press time, another bullish wave had taken over the market.
After trading at a stagnant price of under $130, BCH prices soared to above $160, for the first time in over two months. Despite market correction forces stepping in and pulling the prices down to $149, the bulls struck again. The bulls pushed the price above the $155 mark within 12 hours of the fall.
At 0130 UTC on 18 March, the coin broke the $160 mark yet again, and breached the $166 mark. At press time, the coin had gained by 9.28 percent against the US dollar, and was trading at $165.48.
Source: Trading View
Bitcoin Cash valuation has soared since the bulls struck the market, adding over $500 million in the first cycle. After peaking at $2.81 billion on 16 March, market correction had pulled the coin’s market cap to $2.63 billion.
However, the coin defied the odds, and pushed up again, breaking the $2.9 billion mark by 0100 UTC. The market cap reached as high as $2.94 billion, its highest point since it broke the $3 billion mark on 3 January. At press time, the market cap of Bitcoin Cash stood at $2.92 billion, ahead of Binance Coin [BNB] by just under $700 million, and behind EOS by over $500 million.
P2PB2B dominated the Bitcoin Cash global trading volume, accounting for 6.29 percent via the pair BTC/BCH. Other prominent exchanges were Huobi Global, ZBG and IDAX, holding 6.05 percent, 6.02 percent, and 5.18 percent of the BCH trading volume, respectively.
The post Bitcoin Cash [BCH] pumps by 9% as market’s bullish wave continues appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis

The total crypto market cap rallied recently and broke the key $130.0B resistance area.
EOS price broke the key $3.65 and $3.70 resistance levels and tested $3.80.
Bitcoin cash price rallied more than 10% and broke the $150 and $160 barriers.
Tron (TRX) price is slowly moving higher and it could break the $0.0240 resistance level.
Cardano (ADA) price cleared the $0.0500 resistance to move into a positive zone.

The crypto market broke key resistances to move into an uptrend. Bitcoin (BTC), Ethereum (ETH), EOS, bitcoin cash (BCH), ripple, tron (TRX), ADA and other altcoins are trading with bullish moves.
Bitcoin Cash Price Analysis
In the past few sessions, bitcoin cash price performed really well and broke the $140 and $150 resistances against the US Dollar. The BCH/USD pair even broke the $160 barrier and traded to a new monthly high above $165. At the moment, the price is consolidating gains below the $168 and $170 resistance levels.
If there is a downside correction, the $162 and $160 levels are likely to act as solid supports in the near term. On the upside, a break above the $170 level might call for a push towards the $180 level.
EOS, Tron (TRX) and ADA Price Analysis
EOS price slowly climbed above the $3.65 and $3.70 resistance levels. The price even broke the $3.75 level and it is likely to clear the $3.80 resistance in the near term. The next key resistance is at $3.85, above which the price may rally towards the $4.00 barrier.
Tron price managed to stay above the $0.0220 support and it recently corrected higher. TRX price climbed above the $0.0230 resistance and it may continue to rise towards the $0.0240 resistance area, which is a major hurdle for buyers.
Cardano price remained in the bullish zone above the $0.0400 support. ADA price recently broke the $0.0460 and $0.0500 resistance levels to register decent gains. It may continue to climb towards the $0.0520 resistance level in the upcoming hours.

Looking at the total cryptocurrency market cap hourly chart, there was a solid upward move above the $130.0B and $132.0B resistance levels. The market cap even broke the $135.0B resistance and traded towards the $137.0B level. Later, there was a downside correction, but the $132.0B level acted as a support. It bounced back and traded above the $134.0B level. In the short term, there could be a downside correction, but the $132.0B and $130.0B levels are likely to act as solid supports. On the upside, the main resistance levels are near $137.0B and $140.0B. Overall, there are high chances of more upsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA and other altcoins in the coming sessions.
The post Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin Cash /Bitcoin SV Price Analysis: Breakout surge shatters multiple resistance levels

The collective market’s green wave saw major coin breakout of their sluggish movement, with Bitcoin Cash [BCH] firmly leading the charge. The four-month-old Bitcoin Cash hard fork, Bitcoin SV [BSV], also recorded significant gains as the market added $6 billion overnight.
Bitcoin Cash [BCH]
1-hour
Source: Trading View
The sixth largest cryptocurrency in the market was the only double-digit gainer in the market, recording a whopping 18.23 percent rise, at its peak. The rise followed two successive uptrends, the first of which pushed the coin from $128.33 to $133.36, and the second from $129.94 to $156.71. The coin’s market cap stood at $2.72 billion, at press time.
Bitcoin Cash broke two support levels, the first at $133.54, and the second at $143.72, with a third forming around $156. The coin’s immediate support level moved up from $128.63 to $141.48, following the rise.
The Bollinger Bands pointed to a massive increase in volatility as the price shot up rapidly. The Moving Average line indicated a bullish market.
The Chaikin Money Flow tool pointed to positive money inflow, but dropped as the CMF line was just hovering above zero.
The Awesome Oscillator indicated massive increase in short-term momentum, but since the concluding bars were red, bearish activity was in the offing, owing to market correction forces.
1-day
Source: Trading View
Bitcoin Cash was switching from uptrends to downtrends, since the hard fork. The latest series saw a downtrend from $152.88 to $129.13, prior to the rise. The coin saw its first uptrend since late February on 15 March, which pushed the coin’s price from $131.39 to $156.64.
The immediate support level of the coin stood at $122.24, which the coin was trading below in early February. Bitcoin Cash broke its long-term resistance, which stood at $153.26.
The Parabolic SAR switched from the bears to the bulls as the dotted lines moved below the coin’s trend line.
The Relative Strength Index showed a massive increase in investor interest as the RSI moved up from 47.16 to 69.20.
The MACD indicated a bullish takeover as the MACD line moved above the Signal line, following the surge.
Bitcoin SV [BSV]:
1-hour
Source: Trading View
Satoshi’s Vision surged forward in three successive uptrends as the market was blessed by the bulls. The first uptrend saw the price rise from $66.41 to $68.22, the next pushed the coin up from $67.35 to $69.03, and the final one from $69.02 to $71.89. Bitcoin SV was valued at $1.21 billion, at press time.
Bitcoin SV found immediate support at $66.16; the previous support level stood at $65.24. The coins immediate resistance level, which stood at $68.22, was broken and a new one had formed at $71.86.
The Bollinger Bands indicated a significant increase in the coin’s volatility as the price shot up. The Moving Average line indicated a bullish market, but was looking to move into the bearish zone.
The Chaikin Money Flow tool pointed to negative money inflow as the CMF line dipped below 0.
The Awesome Oscillator indicated a bump in short-term momentum, but since the concluding bars are red, bearish activity was predicted due to market correction forces.
1-day:
Source: Trading View
Bitcoin SV was reeling from a downtrend which pulled down the price from $67.94 to $75.58. The one-day chart showed three successive green candlesticks, indicating an uptrend which began at $66.86.
The coin found immediate support at $61.27, which the coin last touched in the beginning of February. Bitcoin SV’s immediate resistance level was at $75.59.
The Parabolic SAR pointed to a bearish market as the dotted lines moved below the coin’s trend line.
The MACD indicated a bullish move as the MACD line moved above the Signal line during the surge.
The Relative Strength Index showed a notable increase in investor interest as the RSI moved up from 42.98, to its current position of 53.48.
Conclusion
Bitcoin Cash and Bitcoin SV saw massive surges in their respective price, owing to the collective market upheaval. However, short term indicators pointed to imminent corrections which will bring the coin’s down from their temporary high. Bitcoin Cash’s long term indicators pointed to a positive market, as investor interest was high and the MACD line was ahead. Bitcoin SV price sustainability did not look promising in the long-run, as the Parabolic SAR was still holding firm above the coin’s trend line.
The post Bitcoin Cash /Bitcoin SV Price Analysis: Breakout surge shatters multiple resistance levels appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction

Crypto markets correcting this Sunday; Bitcoin Cash, SV and Crypto.com dumping, BNB, BitTorrent Token and Tezos still up.
Market Wrap
Crypto markets have started to pull back following their $6 billion pump yesterday. Sunday’s action has been somewhat slower as total market capitalization drops back below $140 billion and a selloff starts as day traders take profits.
Bitcoin could not hold yesterday’s high of $4,080 and has fallen back a little. BTC still remains above $4,000 but only just, this heavy resistance zone has proven very difficult to overcome. At the time of writing BTC is trading at $4,020 and volume has dropped below $10 billion indicating that the rally is running out of steam.
Ethereum has also fallen back below $140 after hitting a three week high of $145 yesterday. The 3.4% decline could accelerate losses back to the low $130 area where ETH traded for most of last week. XRP is also falling back but not as severely as Ethereum, closing the market cap gap up again.
The top ten is pretty much all in the red during the day’s Asian trading session. That is all except Binance Coin which is acting like a stablecoin again as traders drop their altcoins and convert back into BNB or USDT. BNB has currently bucked the trend and has made 4.5% today to reach $15.80 following lackluster performance yesterday. Bitcoin Cash is dropping the most after its huge pump yesterday as BCH falls 5% back to $150. The rest are dropping a couple of percent as the market corrects.
The top twenty is also showing losses across the board at the moment with Bitcoin SV the biggest loser with 5% shed. The rest are cooling off and dropping a percent or two.
FOMO: BitTorrent Token Testing Highs
There are no major pumps going on at the moment but the only altcoin in double digit gains is BTT which has climbed 12% on the day. The pump which started a couple of hours ago resulted in a volume jump of five times from $12 million to $64 million, most of which traded on Binance. The early access program has just been launched and more airdrops are approaching which could be driving momentum;

The Early Access Program is live! A randomized selection of our email list will receive an invitation to see the first build of BitTorrent Speed. Sign up with our email so you can be eligible for our next Early Access Test. $BTT #BTT https://t.co/6khNwfxYhR pic.twitter.com/oYQvky7TM8
— BitTorrent Inc. (@BitTorrent) March 16, 2019

Tezos is also one of the top one hundred’s top performers at the time of writing. XTZ pumped over 8% after the rally yesterday and has maintained most of those gains. The move has taken Tezos to a two month high of $0.50, the token has since pulled back marginally but is still riding high this year. ABBC Coin is also having another pump today with a similar move of 7%.
Massive profit taking is going on with Crypto.com’s CRO token as it dumps 25% today. Following a 500% pump in less than a week the inevitable has started and the dump begins, where it will stop remains to be seen. Aurora is also suffering today with over 8% lost.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has cooled off and dropped back below $140 billion, losing a couple of percent from Saturday’s rally. Volume is back to $30 million and markets could see further losses if day traders continue to sell off their altcoins.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: BNB and BitTorrent Token (BTT) Defying Sunday Correction appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin’s [BTC] Positive Break-out: BCH, LTC, ETH, XRP and other Altcoins Commence the ‘Alt-season’?

Bitcoin which was moving sideways in a small range near $3900, finally broke the $4000 resistance gaining 3% on the daily. The sideways movement of the market in the past week had left the traders uncertain, regarding the direction of the next big move in the Bitcoin price. However, a break above the range might suggest that bulls have taken control.
The total altcoin market capitalization (excluding Bitcoin) has gained 4.5% on the daily. Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum (ETH) are leading the altcoin market gains. The total market capitalization of cryptocurrencies broke the $140 billion-mark first time in 2019.
Altcoin Market Cap Excluding Bitcoin
Bitcoin Cash (BCH) and Litecoin (LTC) Amongst Top Gainers
Bitcoin Cash, the hard fork of BTC, is the leading the altcoin gains with a 17% rise on the daily index. The price of Bitcoin on 16 March 7: 00 am UTC is $157 trading higher from $133.3 on March 15, 2019.
LTC/USD chart on Coinmarketcap
Litecoin (LTC) is also nearing double-digit gains on the 24-hour timeline. It has gained 9% since yesterday trading above the $60 resistance at $61.95. LTC fundamentals and technicals have predicted affirmative action on the cryptocurrency since February 2019.
Top Dapps Platforms
Ethereum, Tron and EOS, the platforms with the most abundant Dapps on their Blockchain also gained considerably taking a cue from the market sentiments.
While Ethereum recorded a rise of 6.3% on the daily, EOS And TRON gained 5.38 and 3.66% respectively. Cardana (ADA) also rose by 7% as it sets sight on entering the top 10 cryptocurrencies by market capitalization.
XLM Retains its Gains, While XRP breaks-out?
Ripple’s XRP and Stellar Lumens (XLM) the two leading platforms providing seamless cross-border transfer of value to existing financial institutions also contributed to the total gains. XLM which had gained 20% at the beginning of the week gained another 3.75% riding on market bullish market sentiments.
1-D XRP/BTC chart on Bittrex
XRP broke the $0.315 resistance and a small break out from the channel was observed on XRP. The RSI signal is between the oversold and overbought conditions, hence, perfectly balanced.
The positive action in the cryptocurrency market especially the altcoins suggest that the accumulation period in cryptocurrency might have begun.
Do you think the ‘altcoin’ season is back again? Please Share your views with us.
 Disclaimer: The above reflects the thought of the author, please use your own judgment before making any investments.
The post Bitcoin’s [BTC] Positive Break-out: BCH, LTC, ETH, XRP and other Altcoins Commence the ‘Alt-season’? appeared first on Coingape.
Source: CoinGape

Why is Bitcoin Cash Beating Big Brother in Today’s $6 Billion Crypto Market Pump?

Crypto markets have jumped $6 billion; Bitcoin Cash surging, Crypto.com up 500% this week, Ethereum and Litecoin doing well.
Market Wrap
The momentum has continued on crypto markets as we begin the weekend. The bulls have awoken and driven total market capitalization over $140 billion as altcoins drive the recovery and Bitcoin reaches critical resistance levels.
Bitcoin has slowly edged up to $3,960 over the past 24 hours before shifting gear a few hours ago to break $4,000 and hit an intraday high of $4,070 where it currently trades. The 3.5% gain for BTC has pulled the rest of the market higher as altcoins make bigger moves. Bitcoin dominance is still dropping and has now fallen to a new 2019 low of 50.7%.
Ethereum has made a solid 7% on the day as it moves up towards $145. The three week high for ETH has increase its market cap over $15 billion again and widened the gap to XRP in third to almost $2 billion. The Ripple token has been weak again during this rally as it has only managed just below 3% to reach $0.320.
The top ten is all solid green during today’s Asian trading session. Bitcoin Cash has made an epic surge of 17.5% on the day as it jumps to $160 for the first time since early January. The relatively obscure Korean exchange Lbank is taking over a quarter of the BCH volume at the moment. Litecoin is also performing well as it breaks $60 with an 9% surge on the day. EOS, Stellar and Tron have made 4-5 percent and Binance Coin has not moved during this run.

#BCH Hell of a day for Bitcoin Cash. pic.twitter.com/OshvOiqiM2
— TheCryptoGuy (@KAnorthwest) March 16, 2019

More green has spread across the top twenty but gains there are not as great. Top performers at the time of writing include Bitcoin SV and Maker adding 7% each, closely followed by Cardano, NEO and Ontology all gaining over 5% at the moment.
FOMO: Crypto.com Chain Keeps Killing It
For the third day running Crypto.com’s CRO token is the top performing altcoin in the top one hundred. It has surged a further 40% since this time yesterday to remain over $0.10. Daily volume has pumped tenfold from $5 to over $55 million with the majority being traded on the Korean Upbit exchange. The company’s PAY platform was launched yesterday and Blockfolio has just added CRO to its signals service. Yesterday CRO hit an all-time high of $0.122, up an astounding 500% in less than a week.
Aside from BCH other altcoins getting pumped at the moment are Holo up 17% and Kucoin Shares jumping 13% on the day. The only altcoin with a double digit dump in the top one hundred at the moment is Wanchain sliding over 10%, Project PAI is second worst with a loss of over 6% at the time of writing.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has gained 4.5% on the day to reach $141 billion. The $6 billion cash injection has lifted markets to a three week high and altcoins are currently driving momentum as Bitcoin struggles to breach resistance at $4,000.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Why is Bitcoin Cash Beating Big Brother in Today’s $6 Billion Crypto Market Pump? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Bitcoin Cash [BCH] Price Analysis: Long-term bears loom as mid-week bulls carry token

The market cap of the collective cryptocurrency market was stable at $135 billion, riding high from an early-week low of $131 billion.
At press time, the coin had gained marginally against the US dollar by 1.29 percent, and was trading at $133.10. The price of Bitcoin Cash [BCH] had petered out after spiking to $135.71, following which the price began to peter out.  Bitcoin Cash posted a market cap of $2.36 billion, with a surging Binance Coin [BNB] behind by just $220 million.
LBank dominates the BCH market, accounting for 13.05 percent of the global BCH volume via the trading pair BCH/BTC. Other exchanges which posted high Bitcoin Cash trading volumes were P2PB2B, HitBTC, and BiteBTC.
1-hour
Source: Trading View
The mid-week uptrend pushed the price from $128.37 to $133.46, and was followed by a market correction which pulled the price from $133.57 to $129.25. Following this roller coaster-like movement, the coin was stable around the $132 mark.
Bitcoin Cash showed an immediate resistance level of 133.46, which the coin touched earlier this week. The immediate support level of the coin stood at $127.15.
The Bollinger Bands showed a massive increase in volatility as the coin’s price shot up, before dropping down within a two-day window. The Moving Average line showed a bullish market.
The Chaikin Money Flow tool pointed to an increase in the money inflow into BCH tokens, as the CMF line was above 0.
The Awesome Oscillator indicated a rise in short term momentum. However, since the concluding bars were red, a bearish phase for the coin was expected.
1-day
Source: Trading View
Barring one solitary long-term uptrend in February which raised the price from $128.03 to $152.76, the coin was stuck between two downtrends. Prior to the uptrend, the coin’s price dropped from $196.72 to $119.01, following which the coin’s price fell from $150.85 to $130.02.
The coin’s immediate support stood at $118.42, while the immediate resistance for the coin was found at $153.
The Parabolic SAR indicated a bearish market.
The MACD showed a mildly bearish market as the Signal Line was just above the MACD line.
The Relative Strength Index pointed to a drop in the coin’s investor interest as the RSI had dropped from 69.21 to 52.81, since February.
Conclusion
Bitcoin Cash was buoyed by mid-week bulls and managed to sustain its high, with the coin pushing above the $130 mark. In the short-term, the coin was trading on a high as the CMF line pointed to an increase in money inflow and short term momentum looked to rise. In the long-term however, the coin was struggling to get free from the bears’ grasp.
The post Bitcoin Cash [BCH] Price Analysis: Long-term bears loom as mid-week bulls carry token appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin Cash [BCH] Price Analysis: Bears lose momentum as bulls look to gain authority

Bitcoin Cash [BCH] looked to consolidate its price valuation as the token gained momentum against the US dollar by 2.59%. The token was priced at $131.59, with a market cap of around $2.3 billion. The coin recorded a trading volume of $270 million over the past 24 hours.
The token was traded the most on P2PB2B exchange with the BCH/BTC trading pair, which contributed $22 million of the total trade, equivalent to about 7.83% of the 24-hour trading volume. It was closely matched by HitBTC exchange, which recorded 6.78% of the total trade.
1-hour
Source: TradingView
The token recovered some of its losses, as the price experienced a prominent uptrend on the chart. The uptrend extended from $128.10 to $133.30, while the previous downtrend extended from $134.003 to $128.30. The resistance line remained constant at $134.20.
The Bollinger Bands indicated a volatile period for the token as the bands seemed to be diverging. The Moving Average line was moving, with the candlesticks above it, suggesting an bullish run.
The Relative Strength Index or RSI suggested that the buying and selling pressures had evened each other out.
The Aroon indicator had the red line hover over the blue line, an indication of a bearish phase for the coin.
1-day
Source: TradingView
The long-term chart for the token indicated a major downtrend that extended from a high of $629.10 to  a low of $123.90. The resistance zone for the token remained between $195.90 and $123.90 since the fall in valuation. The support line was constant at $76.10 for the entirety of the trend.
The Parabolic SAR markers hovered over the candlesticks and indicated an ongoing bearish trend. However, the dotted markers were flattened very close to the candles and pointed at the possibility of a change in trend soon.
The Chaikin Money Flow indicated that there was no money coming into the token’s market as the line remained under the zero line.
The MACD line indicated a bearish trend for the coin. However, since the blue and red line were in close proximity to each other, a crossover was imminent.
Conclusion
The indicators for the BCH charts suggested that the bear trend was losing its momentum, with the bulls slowly coming back into the market.
The post Bitcoin Cash [BCH] Price Analysis: Bears lose momentum as bulls look to gain authority appeared first on AMBCrypto.
Source: AMB Crypto

Yet Another Cryptocurrency Wins Listing on Coinbase Pro

CoinSpeaker
Yet Another Cryptocurrency Wins Listing on Coinbase Pro
Coinbase adds Stellar Lumens to its professional trading service Coinbase Pro. Initially, XLM trading will be only available for customers in Coinbase’s supported jurisdictions, expect the state of New York.
Yet Another Cryptocurrency Wins Listing on Coinbase Pro

Continue reading at Coinspeaker
Source: CoinSpeaker

Bitcoin Cash [BCH] Price Analysis: Bulls push for short-term consolidation

The collective coin market turned green after days of sideways movement, and the sixth largest coin looked to return to the bullish days of February. BCH was pegged down since the start of the month, with Binance Coin [BNB] hot on its tail.
Bitcoin Cash marginally gained against the US dollar by 0.35 percent and was trading at $128.01, at press time. The market cap of the coin stood at $2.27 billion, ahead of BNB by just $140 million.
In terms of exchange dominance, P2PB2B took the top spot, accounting for 10.86 percent of BCH trading volume, in the pair BCH/BTC. Other prominent exchanges were HitBTC and LBank.
1-hour
Source: Trading View
Bitcoin Cash’s one-hour chart showed two sets of downtrends and a single uptrend. Bitcoin Cash dropped from $133.97 to $130.59, and later from $130.74 to $127.9. Following these downtrends, the coin rose back up from $125.95 to $128.28, showing signs of stabilization.
The immediate support level of the coin stood at $125.14. Bitcoin Cash found immediate resistance at $128.30.
The Bollinger Bands pointed to a decline in the coin’s volatility as the price looked to stabilize. The Moving Average line indicated a bearish market.
The Chaikin Money Flow tool indicated a rise in cash inflow into BCH tokens, as the CMF line was above 0.
The Awesome Oscillator indicated an increase in the market’s short-term momentum. However, the concluding bars were red and minor, suggesting bearish activity with low severity.
1-day
Source: Trading View
The one-day chart saw two notable movements in opposite directions. Bitcoin Cash enjoyed an uptrend in February, pushing the price from $128.03 to $152.76. Post the uptrend, the coin dropped from $153.15 to $132.65.
Bitcoin Cash found immediate support at $118.42, which the coin dipped below in early February. The immediate resistance level of the coin stood at $153.
The Parabolic SAR showed a bearish phase for the coin as the dotted markers were above the coin’s trend line.
The Relative Strength Index indicated that investor interest was on a decline, with the RSI dropping from 69.04 to 47.73.
The MACD pointed to a bearish market as the MACD line was below the Signal line.
Conclusion
With low volatility and positive money inflow, the bulls look to bless the BCH market in the short term. In the long-term, the bears still ruled as investor interest was declining, with both the Parabolic SAR and the MACD pointing to incoming bearish activity.
The post Bitcoin Cash [BCH] Price Analysis: Bulls push for short-term consolidation appeared first on AMBCrypto.
Source: AMB Crypto