Litecoin Price Technical Analysis for 22/9/2015 – Trust in the Bears – newsBTC
newsBTC |
Litecoin Price Technical Analysis for 22/9/2015 – Trust in the Bears
newsBTC As mentioned in the previous Litecoin price technical analysis No Trading Zone, market participants have their eyes now set on $ 2.700, the level which had acted as a support in the past. And further weakness in the Bitcoin market may lead to a … |
Existing Homes Sales Record Biggest August Drop–EVER But Prices Keep Inflating
Portions of this report have been reposted from last month\’s postings on this data. All data and charts are updated. NAR data on housing sales showed the largest August decline since 1999, the earliest publicly available data. Annual sales volume growth fell to +5.4%, down from red hot gains of +11.5% in July and +13% in June. Total sales volume in July was the heaviest for that month since the peak of the housing bubble in 2005. August volume of 505,000 closings was just below the recovery peak of 518,000 set in August 2013. On an absolute level it\’s still a strong number, but the two things that stand out are the size of the month to month decline, and that sales are no longer at the peak level. The Wall Street Journal and other Big Media outlets reported a 4.8% month to month decline, using the monthly seasonal adjustment error annualized. This was below the Wall Street economist crowd consensus guesstimate of a 1.1% drop. In fact, using actual, not seasonally adjusted data, August sales fell by 8.4% or 46,000 units. It is not unheard of for sales to decline in August. It has happened six times since 1999, but this was the worst August drop since the data began being reported in 1999. This was on the heels of the second worst July month to month performance since the housing crash. This number is a report of the number of closings in August of houses sold by Realtors. It reflects mostly July contracts, which the Realtors report as the data called Pending Home Sales. The drop in August closings was slightly larger than the drop in July contracts. As a result of the drop the contract fallout rate increased slightly, but it is still within the normal range with no sign of market distress for those months. Click here to view chartOriginally appeared at: http://davidstockmanscontracorner.com/existing-homes-sales-record-biggest-august-drop-ever-but-prices-keep-inflating/
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Bank of America Files Patent for Cryptocurrency Wire Transfer System [bitcoin, litecoin, Ripple and dogecoin ] (coindesk.com)
Litecoin Price Weekly Analysis – Likely to Hit Fresh Highs – newsBTC
newsBTC |
Litecoin Price Weekly Analysis – Likely to Hit Fresh Highs
newsBTC Litecoin price held the ground as highlighted in the previous week's analysis that the $ 2.40 support area holds the key. A bearish trend line formed on the 4-hours chart of the Litecoin price was breached to open the doors for more gains in the near term. |
Litecoin Price Technical Analysis for 18/9/2015 – Very Helpful Trading Points – newsBTC
newsBTC |
Litecoin Price Technical Analysis for 18/9/2015 – Very Helpful Trading Points
newsBTC Litecoin is currently trading at $ 2.894, extending its stay in the range of $ 2.500-$ 3.200 after the US Fed decided to hold off on raising the interest rates. The move has also buoyed the Bitcoin market which is pushing for higher levels as short … |
Bitcoin Price Droops After Rates Hike Rally No-Show
Bitcoin price was massaged lower in the week leading up to the Fed rates hike announcement, and then eagerly traded up on the day. The chart technicals implied a bull trap and the sound of a can being kicked was its closing bell. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $ 29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h23 UTC OKCoin 3Month Futures 15-Minute Chart From the analysis pages of xbt.social, earlier today: The Fed has declined their new […]
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UK banking revolution begins as Fidor opens for business
Innovative German bank Fidor has opened its doors for business in the UK, beating home-grown challengers from the likes of Atom, Mondo, and Starling …
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Bitcoin Price: A Marginal New Low
Bitcoin price declined from its previous consolidation area above $ 230 today. The move lower has fallen into 1-hour chart divergence and should now correct from current levels before resuming the downtrend. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $ 29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h37 UTC Bitfinex 1-Hour Chart From the analysis pages of xbt.social, earlier today: An earlier xbt.social analysis made a technical case in favor of raising our target for this trade from $ 207 to […]
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Nine Major Banks Partner on Block Chain Initiative
Nine of the largest investment banks have partnered with a block chain startup to integrate the block chain into financial services. Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS all formed a partnership with a block chain oriented firm to create industry standards for using block chain technology in banking. The initiative is led by New York and London startup R3, whose CEO David Rutter spent 32-years on Wall Street. Financial Times has reported Goldman Sachs have also partnered with R3. The block chain is a major aspect of Bitcoin technology, functioning […]
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I currently own 1 btc that is just sitting in Coinbase. I would like to slowly purchase more over time. What kind of wallet should I transfer them to? (reddit.com)
I have a non-rooted Android phone as well as a MacBook. I have downloaded Electrum on the Mac, but I haven’t yet set it up as I was trying to do more research. Mycelium seems to be popular on Android, and Airbitz also looked very interesting.
I’m interested in buying bitcoins mainly because I’m very interested in the technology, and am a believer that it could become much more widespread in the future. I don’t think it will make me rich or anything, but I’m interested in it enough to…
