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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Mark Dow Believes Bitcoin’s Scammy Promotion Runds Wild And Has No Credible Use Cases

Mark Dow Believes Bitcoin Is Too Scammy And Volatile To Be Widely Adopted The recognized analyst and trader Mark Dow is skeptical about Bitcoin’s future as a widely used digital asset. In a recent tweet uploaded on January 2, the former International Monetary Fund (IMF) economist, believes that the world’s leading digital currency does not […] дальше »

2019-1-4 02:17


The last resort of failing tech companies is UX design – it won’t save them

Facebook is using billboards to demonstrate their commitment to fighting fake news. Uber is running TV spots to illustrate the company’s commitment to doing good. Once considered disruptors, digital companies are now using the same strategies oil and tobacco companies used back in the ’90s to project the illusion of an optimistic future — while their design teams are still tied to aggressive, revenue-driven, short-term metrics. дальше »

2019-1-1 16:00


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Bitcoin Price Recovers Above $3.7K as Novogratz Predicts No Further Losses

Cryptocurrency merchant bank Galaxy Digital CEO Mike Novogratz repeated his faith in the Bitcoin price December 18, forecasting no further big losses. Novogratz: ‘This Isn’t Tulips’ In an interview with Bloomberg, the investment mogul said he was “fairly convinced” a “digital store of value” would emerge for the world, and that it would be Bitcoin. дальше »

2018-12-19 13:00


Delphi Digital’s “The State Of Bitcoin” Report Confirms Bitcoin’s Growth And Increased Adoption

Delphi Digital’s “The State Of Bitcoin” Report Confirms Bitcoin’s Growth And Increased Adoption Digital asset invest firm Delphi Digital recently released a 59 paged report about bitcoin’s state of health, problems, comparative returns between bitcoin and other asset classes, bitcoin payments, current and future solutions as well as a plethora of other salient issues. The […] дальше »

2018-12-13 01:42


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52


Japanese lawmaker proposes four changes to the current taxation regime to encourage cryptocurrency adoption in the country

A Japanese lawmaker has proposed a number of changes to the current taxation regime in order to encourage adoption of cryptocurrencies in the country, CoinDesk reported. Takeshi Fujimaki, a representative of political party Nippon Ishin, said in a meeting held earlier this month that the country’s tax system should not “crush the future” of digital […] дальше »

2018-12-10 12:53


Are Central Bank-backed Cryptocurrencies the Real Future of Blockchain Assets?

There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […] дальше »

2018-12-9 13:08


How blockchain is bringing staffing innovation

Blockchain technology is rapidly spreading into every available corner in the market, leading many business owners and managers to encounter it for the first time recently. While many have heard about the exciting cryptocurrencies that are sucking up media attention, like Bitcoin, few have heard as much about the blockchain tech that’s powering those cryptocurrencies and other dizzying digital trends forward. дальше »

2018-12-9 07:50


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »

2018-12-4 21:41


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45