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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Big Day for Bitcoin Acceptance: Crypto Welcomed at Multi-Billion-Dollar Pair of Retailers

Many critics of Bitcoin often argue that its four occasionally five-figure price point is entirely unjustified based on the lack of BTC use in retail. However, over the years, plenty of companies have attempted to nurture the gradual adoption of cryptocurrency by offering to accept payment for goods and services in different digital assets. дальше »

2019-3-20 02:00


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Bitcoin Developers Subpoenaed in Kleiman vs Wright Bitcoin Lawsuit over 300,000 BTC

The Kleiman vs Wright lawsuit continues! The case revolves around Craig Wright, who is being sued for 300,000 BTC by the Kleiman family and Ira Kleiman. The family believes that Wright is responsible for defrauding David Kleiman (brother of Ira), and manipulating the assets he had. Though Kleiman is now deceased, there are many who […] дальше »

2019-3-16 10:54


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations

The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire.   Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada. дальше »

2019-3-8 05:00


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


Lighten Up Your Monday with 10 Bitcoin Believer Bull Calls on the Bright Future of BTC’s Value

As is clear for everyone to see, over the past couple of years, digital assets have gained mainstream acceptance across the globe — especially in a number of Asian and European nations. As a result of this, a plethora of well-known individuals from the world of finance, digital tech, and R&D have started to support […] дальше »

2019-3-4 19:56


Wired Details an Anarchist Meeting in Acapulco and Helps Explain Cryptocurrencies Along the Way

Although Bitcoin (BTC) has been more than ten years operating in the market, there are many things that must improve before it reaches the masses. In a recent anarchist meeting in Acapulco, Mexico, several individuals show how it is possible to use digital assets in different situations. As Wired wrote a few days ago, Acapulco […] дальше »

2019-3-4 23:44


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Don’t Count Facebook’s Crypto Or JPM Coin Out, They Could Boost Bitcoin

At long last, incumbent corporations of legacy industries have begun to delve into cryptocurrencies, not just blockchain technologies. While Bitcoin (BTC) has continued to struggle, save for its relatively stellar performance over February, Wall Street darling JP Morgan and Silicon Valley’s Facebook have announced serious intentions to offer their own digital assets. дальше »

2019-3-3 00:00


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »

2019-3-1 19:43


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


Thai SEC Adds Acceptable ICO Token Trading Pairs: BCH, ETC and LTC Join BTC, ETH, XRP and XLM Coins

In Thailand, there are certain cryptocurrency regulations that determine exactly which assets are permissible to be used in initial coin offering (ICO) investments, along with trading pairs. In December last year, the Thai Securities and Exchange Commission (Thai SEC) announced that there would be changes to current rules that kept ICOs from thriving, which would […] дальше »

2019-2-28 20:30


Crypto Professionals Predict $2,400 Bitcoin Bottom, Expect Infrastructure To Spark Bull Run

Individual investors have long struggled to predict movements in any market. While there are some talented investment geniuses out there, like Warren “Oracle of Omaha” Buffet, common Joes and Jills (and even some Wall Streeters) by and large struggle with determining where the stock market, let alone crypto assets, like Bitcoin (BTC), could head next. дальше »

2019-2-28 15:06


Petro становится доступнее, но все так же критикуется венесуэльцами

Большинство людей относятся к национальной криптовалюте Венесуэлы Petro скептически, а многие и вовсе сомневаются в ее существовании. Венесуэльцы рассказывают, что за последние месяцы они не заметили, чтобы криптовалюта использовалась на практике. дальше »

2019-2-26 12:11


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Harvard University is the Latest Recipient of the ‘Lightning Network Torch’ via Fidelity Digital Assets

Just over 24 hours back, Fidelity Digital Assets released a tweet stating that it had successfully handed the ‘Lightning Torch’ to Harvard Business School’s (HBS) Blockchain and Crypto Club. To be a bit more specific, a spokesperson for Fidelity claims that the ‘Torch’ — which is essentially a steadily increasing amount of BTC that is […] дальше »

2019-2-24 19:10