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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend
Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »
2018-9-24 21:29 | |
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Bitcoin [BTC] Price Back to Bearish After Approaching Descending Triangle
Price action for Bitcoin recorded a bullish week last week as the price rose from lows near $6100 to highs near $6850. Price approached the descending triangle pattern which has been forming since January last Friday and has been retracing back down since. дальше »
2018-9-24 16:57 | |
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Bitcoin Price Weekly Analysis: BTC/USD Turned Short-term Bullish
Key Points Bitcoin price traded higher and cleared the $6,580-6,600 resistance zone against the US Dollar. There is a key bullish trend line in place with support at $6,550 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-23 09:28 | |
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Top 5 Countries With a Higher Money Supply Than Bitcoin
Some people often like to compare the value of all Bitcoins with the monetary supply across different countries. Although the real purpose of such comparisons remains a bit unclear, there are some interesting statistics to keep tabs on. дальше »
2018-9-23 20:00 | |
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Does Tether Really have an impact on the Price of Bitcoin?
A recent study conducted by Dr. Wang Chun Wei, a lecturer at the business school of Australia’s University of Queensland, has found that the effect of Tether on the price of BTC is not “statistically significant”, contrary to what many in the crypto community currently believe. дальше »
2018-9-22 11:42 | |
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Bitcoin Is Replacing Bolivar As Venezuelan Economy Crashes
Whoever Satoshi Nakamoto is, he/she might be deserving of the Nobel Prize in economics for inventing Bitcoin (BTC), the nascent digital coin that is currently rescuing crypto-adopting Venezuelans from the abyss. дальше »
2018-9-22 00:00 | |
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Cryptocurrencies will Bounce Back – Michael Novogratz
Following another postponement of decisions on another ETF proposal and cryptocurrency prices remaining relatively stable, a former Hedge Fund manager Michael Novogratz has expressed optimism that Bitcoin and other cryptocurrcies will get better than they are currently. дальше »
2018-9-22 22:14 | |
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4th Largest Asset Manager in the World to Launch Crypto Products by 2018 End
The CEO of Fidelity Investments has confirmed that the asset management behemoth will launch cryptocurrency products by the end of this year. The company, which currently manages over $2. 4 trillion in assets, provides fund distribution, wealth management, life insurance, and retirement services. дальше »
2018-9-21 18:49 | |
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Bitcoin devs warn of possible chainsplit following severe DDoS vulnerability
Bitcoin Core developers have issued an important statement to the entire community, as the fallout from a recently disclosed DDoS vulnerability intensifies. The vulnerability, which researchers disclosed earlier this week, made it possible for miners to sabotage the Bitcoin network by sending transaction data twice. дальше »
2018-9-21 15:29 | |
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Binance Announces Info 2.0 – Building the Most Comprehensive Crypto Rating Database in the World
Cryptocurrency exchange Binance has launched Binance Info 2. 0. The platform will provide comprehensive third-party rating reports to users. The exchange has rapidly evolved and introduced several new products and divisions. дальше »
2018-9-21 14:49 | |
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Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes. дальше »
2018-9-21 23:35 | |
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Crypto Pioneer David Chaum Says His New Blockchain Beats Bitcoin
eCash creator and pioneering cryptographer David Chaum unveiled his Elixxir cryptocurrency September 19 following two years of behind-the-scenes development. Targeting Consumer Scale Speaking at the Consensus Singapore conference, Chaum said his latest project addressed the shortcomings in speed which currently prevent bonafide blockchain-based assets such as Bitcoin scaling quickly. дальше »
2018-9-20 20:00 | |
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Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value
Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way. дальше »
2018-9-20 17:00 | |
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Bitcoin Price Watch: BTC/USD Preparing for Next Upside Wave
Key Points Bitcoin price recently dipped and then rallied above the $6,400 level against the US Dollar. There was a break above two bearish trend lines with resistance at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-20 11:48 | |
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More Than Half of all Circulating Bitcoin Parked in Whale Wallets
Over 55 percent of bitcoins currently sit in wallets that have never made an outgoing transaction and have balances upwards of 200 coins, Diar reported on September 17, 2018. Whale-Sized Wallets Dominate the Market Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018, a data-crunching report from Diar showed. дальше »
2018-9-20 19:00 | |
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Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients
Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. дальше »
2018-9-19 06:50 | |
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Tezos (XTZ) Trading Opened on Evolve Markets
Evolve Markets has announced the addition of Tezos (XTZ) trading to its platform — which currently allows users to trade Bitcoin, emerging altcoins, and other currencies on the Metatrader 5 platform. дальше »
2018-9-19 06:00 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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The 21-Day Bitcoin Challenge: Can you Survive on Nothing but Cryptocurrencies in China?
A Chinese Bitcoin enthusiast is currently filming her attempt to survive 21 days by living on nothing but bitcoin. A recent documentary shows her trying to retrieve food, housing, and necessities all through cryptocurrency transactions done on her phone. дальше »
2018-9-19 19:00 | |
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Bitcoin Hashrate Flying High, Bitcoin Dominance Up, What’s Next For Crypto?
Whilst the markets continue to look bleak, we should find some solace in the fact that Bitcoin dominance is flying high and so is the Bitcoin hashrate. Okay, these aren’t signs that a bull run is about to take off, however, they are very positive signs nonetheless. дальше »
2018-9-18 13:30 | |
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650,000 ETH Betting on Bitfinex, $100 Million Worth of Bitcoin Shorts Added
Not far off from close to 1% of all ethereum’s supply is currently betting long or short on just one exchange as it appears bulls and bears have declared a... The post 650,000 ETH Betting on Bitfinex, $100 Million Worth of Bitcoin Shorts Added appeared first on Trustnodes. дальше »
2018-9-17 19:14 | |
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Craig Wright Affiliated Pools Gain 50% of the Bitcoin Cash Hashrate
Bitcoin Cash mining centralization has now reached the point where just two pools currently control precisely 50% of the hashrate (pictured above). According to reports, the Craig Wright affiliated Coingeek. дальше »
2018-9-17 12:31 | |
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Japanese Regulator Unveils Crypto Regulation Updates
Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. дальше »
2018-9-17 09:12 | |
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$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank
U. S. law enforcement agencies have started their money laundering investigations of Danske Bank, Denmark’s largest bank, according to the Wall Street Journal. Citigroup and Deutsche Bank have been implicated. дальше »
2018-9-16 08:25 | |
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Japanese SBI Set to Launch Ripple-Based Mobile App
Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer "easy bank transfer application" without fees. дальше »
2018-9-15 22:03 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-15 20:21 | |
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Europe’s central bank wants nothing to do with cryptocurrency (for now)
Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful. дальше »
2018-9-15 17:34 | |
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Bitcoin To $8,500 By December: Fintech Firm
Bitcoin (CRYPTO: BTC) will rise to $8,500 in December, according to fintech research firm Trefis in a Sept. 13 statement. BTC is currently at $6,500 and has seen modest gains the last couple of days. дальше »
2018-9-14 13:30 | |
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Did Bitcoin (BTC) Reach a Bottom?
Bitcoin (BTC) and all our favorite coins and tokens have once again proven to us that they can get back on their feet after a massive decline. The King of Crypto is currently testing a new resistance level of $6,500 after reaching a recent low of $6,200 on the 8th of September. дальше »
2018-9-14 01:38 | |
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Analysis- Bitcoin Rebounds After Meeting Strong Support; Will This Bullish Rally Push the Market out of the Triangle Formation?
Bitcoin has seen a well sought after 3% price increase over the past 24 hours of trading. The cryptocurrency giant is currently exchanging hands a round a price of $6506 (at the time of writing) bringing the 30 day price increase to over 7. дальше »
2018-9-14 23:54 | |
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Huobi Enters Japanese Market With BitTrade Acquisition
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. дальше »
2018-9-14 22:25 | |
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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed
University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »
2018-9-13 18:07 | |
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Crypto Featured in British Soap Coronation Street With 8 Million Viewers
Cryptocurrency is a major plot of the longest-running British soap opera Coronation Street this week. Each of the show’s episodes currently has about 8 million viewers. A character in the show invested in a cryptocurrency back in 2011. дальше »
2018-9-13 17:51 | |
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Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320
Key Points Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-13 11:48 | |
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Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses
Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. дальше »
2018-9-12 21:40 | |
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Bitcoin Price Watch: BTC/USD Sets Eyes On $6,080
Key Points Bitcoin price declined slightly and settled below the $6,300 level against the US Dollar. There was a break below a short term triangle pattern with support at $6,320 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-12 11:48 | |
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Bitcoin (BTC) Price Watch: Still Some Selling Pressure Left?
Bitcoin Price Key Highlights Bitcoin price is still consolidating inside its falling wedge pattern seen on the daily time frame. Price tumbled sharply upon hitting resistance and is setting its sights back on the bottom. дальше »
2018-9-12 06:33 | |
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Dash Price: Return to $200 is Imminent As Masternode Pooling Comes Closer
These are very interesting times for the cryptocurrency industry. Even though Bitcoin and Ethereum continue to lose value nearly every single day, the exciting action is taking place in the middle of the pack. дальше »
2018-9-12 22:13 | |
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Ripple and R3 Reach Settlement in Year-Long Court Case
A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest. дальше »
2018-9-12 21:26 | |
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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople
Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »
2018-9-11 18:15 | |
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Bitcoin Price Awaits Next Move as Trading Range Narrows
Bitcoin (BTC) is being squeezed into a tight trading range with neither bulls nor bears currently having the upper hand. дальше »
2018-9-11 14:00 | |
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Ether Price Analysis: Market Indecision Could Cause Short Covering Rally
When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »
2018-9-11 01:02 | |
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CoinGate Brings Bitcoin Lightning Network to 4,000 Merchants in Europe
CoinGate, a Lithuania-based crypto payment processing gateway, is helping Bitcoin adoption go to a whole new level in Europe. The company recently announced that more than 4,000 businesses that are currently using the platform for processing merchant payments in Bitcoin will now get access to the Lightning Network. дальше »
2018-9-11 20:42 | |
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Robinhood Prepares for IPO, Currently Looking for a CFO
Robinhood, an investment and trading mobile application that is currently valued at $5.6 billion, is looking to go for an initial public offering (IPO). Although the mobile app was relatively new and unknown in 2017, its ability to enable investments in publicly traded companies, cryptocurrencies and exchange traded funds (ETFs) on US stock exchanges without […] Robinhood Prepares for IPO, Currently Looking for a CFO was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-11 17:29 | |
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Bitcoin Price Watch: BTC/USD Remains At Risk Below $6,500
Key Points Bitcoin price is currently consolidating below a major resistance at $6,500 against the US Dollar. There is a short-term breakout pattern in place with resistance at $6,380 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2018-9-10 11:48 | |
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