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Bitcoin (BTC) Tepidly Advances Above 4,100 as Upwards Momentum Slows

After rapidly surging to above $4,200 before plummeting back below $4,100 on Saturday, Bitcoin (BTC) has been able to incur some upwards momentum that has allowed it to tepidly move above $4,100. It is important to note that Bitcoin’s strongest level of resistance exists at $4,200, but analysts are expressing cautious optimism regarding the current. дальше »

2019-4-1 00:30


Top Five Altcoins with Negative Price Correlations to Bitcoin (BTC) in the Last Year

It has almost become a norm in the cryptospace for altcoin price movements to follow the same direction with that of bitcoin (BTC), the world's flagship cryptocurrency. However, DataLight, a cryptocurrency analysis platform has carefully put together a list of the top five cryptos whose price rarely move in unison with bitcoin (BTC), according to […] дальше »

2019-3-31 22:30


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Bitcoin is in a ‘perfect storm’ for the rest of 2019 to perform a bullish move

Bitcoin’s collapse from its 2017 high is still continuing. There have been people who said that Bitcoin had bottomed and others who concluded that Bitcoin was yet to bottom. It is impossible to predict the bottom of Bitcoin, however, it can be seen that Bitcoin has had some improvements in the macro scale as compared […] The post Bitcoin is in a ‘perfect storm’ for the rest of 2019 to perform a bullish move appeared first on AMBCrypto. дальше »

2019-3-31 22:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


LocalBitcoins Introduces New Verifications, Reducing Anonymity, After EU Regulation

LocalBitcoins, one of the oldest peer-to-peer Bitcoin exchange platforms, will be taking steps to change its anti-money laundering (AML) and know your customer (KYC) policies. The move follows the introduction of new regulation from Finland’s Financial Supervisory Authority (FSA), where the company is based. дальше »

2019-3-28 10:53


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Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. дальше »

2019-3-27 03:58


Bitcoin is Nothing More Than ‘Bovine Excrement’: Berkeley Researcher

Move over, Jamie Dimon, because there’s a new contender for the coveted title of “king bear of the bitcoin-bashing brigade”: technologist Nicholas Weaver. Technologist Nicholas Weaver Rants Against Bitcoin While he might not have the mainstream name recognition of Jamie Dimon, or Warren Buffett, or even Nouriel Roubini, Weaver – a senior researcher at the International Computer Science Institute at Berkeley – has proven that he can sling bitcoin barbs like the best of them. дальше »

2019-3-25 18:40


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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


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Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send and receive funds to and from each other) without closing these channels entirely. дальше »

2019-3-22 20:32


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Jack Dorsey: Square Will Pay Bitcoin Devs To Build Open-Source Ecosystem

Twitter and Square CEO Jack Dorsey has revealed a major scheme to pay developers to build out the Bitcoin ecosystem with open source technology. Dorsey Plans To ‘Give Back’ To Open Source In a move which underscored the tech mogul’s appreciation of both cryptocurrency and freely accessible innovation, Dorsey said he will hire “3-4 crypto engineers and 1 designer” to contribute to crypto full time – and pay them in BTC. дальше »

2019-3-21 11:00


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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