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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


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


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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EU Investigates Stricter Common Cryptocurrency Rules, Potential $9 Million ICO Fundraising Cap and Mining Ban

The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week. дальше »

2018-9-7 22:00


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


Central Bank of India Expresses Interest In State Backed Digital Currency

The Reserve Bank of India (RBI), India’s central bank, is expressing interest in introducing a rupee-backed digital currency, the Financial Times reports. The RBI is currently facing financial strain due to the complexities of managing paper currency, and has consequently formed an inter-departmental group to determine if a state-backed digital currency could cut down costs. дальше »

2018-9-1 02:44


Japanese Authorities to Implement Software to Track Cryptocurrency Transactions

Japan’s National Police Agency (NPA) has unveiled plans to implement a new software designed to track cryptocurrency transactions. Created by a secret private company, the tracking program is part of an increased national effort to prevent fraud and other criminal activity taking place in digital money markets. дальше »

2018-9-1 20:28


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Morgan Creek Launches Digital Asset Index Fund, Excludes Ripple and Stellar Lumens

Morgan Creek Digital Asset Index Fund launched on August 29th signaling a jump forward for large-scale adoption of cryptocurrencies. With the backing of the Morgan Creek Institutional Investment House, the digital asset index fund will include significant players like bitcoin, and ethereum, though it will leave ripple and lumens out of the asset mix. дальше »

2018-8-31 03:00


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New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum

Morgan Creek Capital Management, the investment house with $1. 5 billion of assets under its wing, has refused to include Ripple in its new rules-based index fund. ‘A Lot Of Additional Risk’ As Forbes reports on the launch day of Digital Asset Index Fund August 28, Morgan Creek has opted to exclude any cryptocurrency with more than a 30 percent premine. дальше »

2018-8-28 19:00


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


Bittrex Partners with Regulated Trading Platform Rialto to Expand Platform

U. S. -based cryptocurrency exchange Bittrex is teaming up with Rialto, an Alternative Trading System (ATS), to offer a new digital securities trading platform. The partnership with Bittrex will allow the next-generation trading platform to expand its product offerings, which are currently limited to three fixed income products. дальше »

2018-8-24 21:00


Crypto Traders Targeted By South African Revenue Service, Work To Track Transactions

The South African Revenue Service is currently working to improve the way it tracks cryptocurrency traders and their transactions to determine if they are paying taxes. The service’s commissioner stated that the agency is looking to explore ways to identify parties that are profiting from trading digital assets to see if they are evading taxation. […] дальше »

2018-8-20 10:15


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PwC: In digital assets, ‘can currently be used only in digital currencies’

A PwC Switzerland executive said that among the various types of digital asset, only digital currencies are can reasonably be used at present, according to a post on the PwC website July 31. In the post, Roland Stadler, Senior Manager and Data & Analytics Specialist at PwC Switzerland, claims that while digital assets “seem similar дальше »

2018-8-1 08:15


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It’s Possible To Spend Cryptocurrencies with More Than 5,000 Chilean Merchants

Cryptocurrency adoption is taking a new shape in different nations while the US is still busy figuring out how digital currencies could be regulated. According to local sources, over 5,000 merchants in Chile are currently accepting payments in premier cryptocurrencies like Bitcoin, Ethereum, and Stellar Lumens. дальше »

2018-7-31 17:37