How Cryptocurrency Prices Work, Explained - Bitcoin Daily News, Tue Jul 24 2018 Report

in #news6 years ago

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Welcome to my Cryptocurrencies Market Overview for Bitcoin on Tue Jul 24 2018.

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---- BITCOIN TECHNICAL SUMMARY -----


---- Tue Jul 24 2018 -----



Source : TradingView

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---- NEWS -----

đŸ—žTue Jul 24 2018
How Cryptocurrency Prices Work, Explained
Frequently asked questions answered about the magic of crypto prices.
Read Source : cointelegraph.com
BitFunder Founder Pleads Guilty to Charges of Fraud and Obstruction of Justice
The founder of BitFunder has pleaded guilty to federal charges of defrauding investors and forging data regarding the 2013 BitFunder hack.
Read Source : cointelegraph.com
Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes
A Bank of Canada report says that 58% of Canadians use Bitcoin for investment purposes, while only 6 percent use it for payment.
Read Source : cointelegraph.com
Encrypted Email Service ProtonMail Confirms Potential ICO, Calls It ‘Not a Cash-Out’
Privacy-focused encrypted email service ProtonMail is considering launching an ICO “within the year”.
Read Source : cointelegraph.com
Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses
Bitcoin (BTC) continues to build on recent gains, pushing $7,750, while most major altcoins are seeing losses of between 1 and 5 percent on the day.
Read Source : cointelegraph.com
Japanese Crypto Exchanges Submit Business Improvement Plans
Read Source : news.bitcoin.com
India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands
Read Source : news.bitcoin.com
Coinbase Flexes Muscle, Creates Political Action Committee
Read Source : news.bitcoin.com
Indian Crypto Regulation Ready by September: Official
Read Source : news.bitcoin.com
Cryptowhispers: DDoS Attacks, Major Exec in Serious Crash, Twitter Drama
Read Source : news.bitcoin.com

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---- TECHNICAL ANALYTICS -----


What our Bitcoin market has become, a futures market



Idea by botje11 - Open image

And again a bitmex move, what else is new!!! Shaking out shorts and longs in 5 minutes, taking all their money. If your a fund with like 50 mil you can do these moves once or twice a day (not everyday of course). Ones who have been following me for a longer period of time, know how many times i expressed my frustration about these moves. Problem is not the short ... Read more


Weak bulls are taking profit at the highs



Idea by botje11 - Open image

So today we saw a second attempt of the bulls to break this heavy resistance zone around the 7500/7800, but again it failed. There was some heaving shorting going on at Bitmex today, selling volume kept popping in and when the price was getting to close at to the breakout some 2 mil and 4 mil sell orders were thrown in to keep control of this market. I am quite ... Read more


BTC/USD - Live Update



Idea by TomProTrader - Open image

It's been a very hectic weekend for me as I've been completing business abroad so I couldn't post/update any of my analysis. Because of this I want to post a new analysis and update my thoughts and ideas on Bitcoin. Since my last analysis there has been some dramatic changes to investors sentiment thus, I have posted a brand new analysis so that you can see my ... Read more


Bitcoin Analysis Update: Current Conditions July 23, 2018



Idea by Nick_Core - Open image

This is a quick analysis of current conditions. The 4 hour Doji we are looking at closes in about 30 minutes of this writing. Tom Demark Sequential (T.D. Sequential) Count: 9 Notes: Imperfect close on the 8. https://www.tradingview.com/x/WUPMRzTy/ Bollinger Bands Position: Capped Squeeze: None https://www.tradingview.com/x/TvbccSMn/ Guppy Multiple Moving ... Read more


BTC Daily Bull Flag Confirmed



Idea by TheChartGuys - Open image

Volume spike this morning as bulls went for a V-shaped recovery from 15 min oversold bounce to higher highs. We were looking at $7,777 resistance on the daily as the next level so technically we have a double top with this resistance. This now allows bulls to move my stop levels up to under $7,200 daily higher low. Notice the shift in sentiment, we used to see ... Read more


Source : TradingView

Disclaimer : This post is personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.

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---- MARKET -----

TOP GAINERS COINS LAST 24H

namesymbolvolumepricechange
HollyWoodCoinHWC$466,716$0.71643890.73%
adTokenADT$538,744,000$0.06893678.18%
DCORP UtilityDRPU$174,793$0.36885255.55%
Profile Utility TokenPUT$270,120$0.10294853.66%
MatchpoolGUP$14,217,800$0.15260945.93%
CashcoinCASH$103,932$0.01093338.20%

TOP LOSERS COINS LAST 24H

namesymbolvolumepricechange
Bitcoin DiamondBCD$5,460,070$2.16-50.62%
WeTokenWT$85,271$0.006358-35.16%
PentaPNT$2,121,760$0.002050-31.98%
Super BitcoinSBTC$1,581,500$6.59-30.11%
AWAREAT$394,163$0.008163-29.73%
No BS CryptoNOBS$305,980$0.001547-28.50%

Source : CoinMarketCap

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---- TOP EXCHANGE -----

Poloniex | Bittrex | Binance

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
ADTadToken0.056$55.57%239.29%
BCDBitcoin Diamond2.237$1.51%3.36%
BTCBitcoin8255.950$6.63%15.88%
GUPMatchpool0.143$23.6%21.67%

Coin Marketplace

STEEM 0.22
TRX 0.27
JST 0.041
BTC 102915.54
ETH 3788.98
USDT 1.00
SBD 3.28