Key Highlights ETH price moved down during the past few sessions against the US Dollar, and struggled to gain traction. There is a connecting bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a resistance. The pair is currently … | Continue reading
Bitcoin price is trending lower but is making a correction to an area of interest before resuming the selloff.The post Bitcoin Price Technical Analysis for 08/29/2016 – Support Turned Resistance appeared first on NEWSBTC. | Continue reading
Germany is leaning hard on drug trafficking over deep web. In a recent development, the German law enforcement authorities have seized over $400,000 in Bitcoin from four deep web drug dealers they arrested. Since last month, Germany has stepped up its investigations into “illegal … | Continue reading
The recent Brexit vote in favor of Britain leaving the European Union has so far had mixed consequences. While there are few sectors that tend to benefit from it, London’s financial sector is not one among them. London has been trying hard over the past few years to gain the dist … | Continue reading
Since Bitcoin became popular, it has been hailed as the revolutionary technology that is going to change the financial landscape of the world. While it is true, the role of Bitcoin may not be any bigger than the contributions of ATMs and PayPal. The evolution of Fintech has been … | Continue reading
PayPal is a more widely-recognized brand compared to cryptocurrency. This creates an interesting scenario for freelancers who want to maximize earnings. | Continue reading
Many people associate Bitcoin with anonymity these days. According to most people, it is next to impossible to track Bitcoin transfers. This is a very odd statement, considering how all Bitcoin Transactions are visible on the blockchain in real-time. A new service, called Bitcoin … | Continue reading
Finland’s Customs department has announced that it has uncovered the largest drug trafficking organization in the country. A press release published on Friday, August 26, 2016, by the Finnish Customs, states that the department has detained three people on suspicion of importing … | Continue reading
Employees of a small Indian Ayurvedic pharmaceutical company were in for a shock recently after their systems were hit by a ransomware attack. The attack which happened last month was reported by the mainstream media only recently. According to media reports, servers of an Amrits … | Continue reading
Key Points Bitcoin price moved lower this past week and remained under a lot of bearish pressure versus the US Dollar. There was a crucial support trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which was broken during the downside move. The price tra … | Continue reading
Key Highlights Ethereum price managed to gain this past week against the US Dollar, but gains were not convincing. There is a major ascending channel pattern formed on the 4-hours chart of the ETH/USD pair (data feed via SimpleFX), which is acting as a catalyst for an upside move … | Continue reading
Ever since corporations garnered an interest in the blockchain, the topic of scalability has been kicked around a fair few times. A new report by Gartner indicates the technology has hit the “peak of inflated expectations”>. With more money flowing into blockchain every year, the … | Continue reading
Over the past few weeks, there has been an increased focus on whether or not the Federal Reserve will raise interest rates Although financial experts are on the fence on the future of the rates, the Fed’s Janet Yellen has announced there will be no increase for now. However, thin … | Continue reading
Baidu, the Chinese search engine giant has enforced a blanket ban on all digital currency-related advertisements. This sudden move on Baidu’s part has left many cryptocurrency businesses surprised. Baidu was among one of the first movers when it comes to Bitcoin payments. The com … | Continue reading
Satoshi Citadel Industries, the Philippines-based Bitcoin company has added yet another feather to its cap. The company has recently announced the acquisition of Keza, a Silicon Valley-based Bitcoin investment company that allowed Bitcoin users to invest in the US and internation … | Continue reading
So the weekend has pretty much arrived, but we’ve still got the close of the US session ahead of us, and an evening’s worth of trading to see if we can close out the week on top of the market. It’s been a pretty rough week, and the markets have been pretty volatile. Normally, thi … | Continue reading
Custos Media Technology, a Bitcoin bounty startup has raised $420,000 in a recent funding round. Read more... | Continue reading
Here's a look at what we are focusing on in the bitcoin price this morning. | Continue reading
Ever since Bitfinex unveiled their BFX token, the markets have gone through ups and downs. Initially priced at US$1 per token, the prices started to plummet rather quickly. Its lowest point was around the 25-cents range, although this has improved again over time. The rumours of … | Continue reading
Key Highlights Ethereum classic price after an impressive run during the start of August against Bitcoin failed to sustain momentum. It looks like the ETC/BTC pair is forming a consolidation pattern on the 4-hours chart (data feed via Simplefx). On the upside, there is a major re … | Continue reading
Key Highlights ETH price mostly traded in a range this past couple of weeks against the US Dollar. If we have a look at the weekly chart (data feed via SimpleFX) of ETH/USD, there is a broader range formed. On the upside, there is a major resistance near $15.00, and on downside $ … | Continue reading
Bitcoin price could be due for more losses once it breaks below the double top neckline around $560.The post Bitcoin Price Technical Analysis for 08/26/2016 – More Bearish Signals? appeared first on NEWSBTC. | Continue reading
A Hong Kong based financial management firm claims that its affiliate partners have withdrawn $8.6 million worth of commissions since its launch. Forex Paradise, as this decade old company is titled, is well renowned for offering a multitude of investment-related services around … | Continue reading
Coinbase is known to capture new markets and introduce new features on a regular basis. Keeping up with the trend, the leading cryptocurrency platform recently announced the inclusion of credit and debit card payments for its European customers. Coinbase’s new offering is influen … | Continue reading
The European session has now drawn to a close, and it’s time to take a look at the action we saw in the bitcoin price throughout the day, and see if we can use that action to put together a strategy for this evening out of the US, and beyond, into Asia. Once again, it’s … Continu … | Continue reading
Regulation of Bitcoin has always been a topic of substantial debate. Some people see the benefit of being officially recognised, whereas others are not overly bothered by it. But if Bitcoin is to go mainstream, some regulation may be necessary for the long run. Bank of Thailand i … | Continue reading
A new cryptocurrency is giving Bitcoin a run for its money when it comes to the title of being the most favored currency on the dark net. Monero, as the cryptocurrency is titled, is gaining recognition for its better-tha-Bitcoin privacy features. Unlike Bitcoin, the blockchain of … | Continue reading
The internet’s number one e-currency is already making waves in financial markets, but as yet there is still a high percentage of businesses that are unaware of Bitcoin’s potential. The time is ripe for a sole internet currency, and with virtual reality around the corner it could … | Continue reading
It’s time to take a first look at the bitcoin price for today, and see if we can set up against the action seen last night I order to draw a profit from the market. It was a bit of a strange night last night. Price took a hit and gapped down on no real … Continue reading Bitcoin … | Continue reading
Peer-to-peer lending has always been a very popular trend in China. That is not entirely surprising, as the country is keen on innovation and embracing new trends. But there have been a fair amount of problems with P2P lending in China over the past few months. New rules have bee … | Continue reading
Bitcoin price seems to be done with its climb, as sellers pushed for a break of the near-term channel support. | Continue reading
The foundation, led by Vitalik Buterin –the inventor of the decentralised protocol– has been working non-stop to advance forward with the project’s ambitious roadmap. Coinbase Buy Widget Makes Its Way into Ethereum The main new feature of this Ethereum Wallet release is the inclu … | Continue reading
So that’s it for the day – the European markets have now drawn to a close, and it’s time to take a look at the second of our twice daily bitcoin price analyses. We’ve had a pretty rough day from a trading perspective. With this morning’s setup, we looked to get in and out on … Co … | Continue reading
Bitcoin IRA, as the company is aptly titled, is now providing a 1% silver rebate to all new IRA account holders. | Continue reading
Bitcoin Press Release: The developers of YoCoin have announced the conversion of peer to peer cryptocurrency into Ethereum based asset. | Continue reading
August 23, 2016 Blokhus, Denmark – BlockPay is a young blockchain based FinTech company from Munich that helps businesses with fast and simple payment processing services. The platform supports most cryptocurrencies. BlockPay is solving most of the security and business risks thr … | Continue reading
What do you think of bitcoin? Have you ever used it? You know, bitcoin is cryptocurrency, a new world’s currency that was invented by Satoshi Nakamoto early 2009. Despite the comparatively short history, lots of people worldwide have already had their own opinion about this type … | Continue reading
The topic of ransomware never seems to be far away these days. Online threats are a significant concern for both individual users and enterprises around the world. With the first half of 2016 behind us, it is evident ransomware will not go away anytime soon. Enterprises lost US$2 … | Continue reading
Few major international banks may soon have their own cryptocurrency. According to a recent media report, the banks that are initially going to be part of this initiative includes UBS, BNY Mellon, Deutsche Bank and Banco Santander. These four major banks, who also happen to be th … | Continue reading
Here's a look at what we are focusing on in the bitcoin price this morning. | Continue reading
The Bitcoin ecosystem is divided into multiple camps. With the lingering scalability issues, and other proposals representing an immediate solution to this problem, there is an interesting mid shift taking place. As it turns out, the majority of miners is still supporting Bitcoin … | Continue reading
Key Highlights Ethereum classic price continued to weaken and formed a new low for the week against Bitcoin. This week’s highlighted connecting bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continue to act as a barrier and preventing gains. The price … | Continue reading
Key Highlights ETH price started a minor correction against the US Dollar yesterday and currently attempting to move back higher. There is a minor bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which buyers need to break for an upside move. The … | Continue reading
Bitcoin price is testing the ascending channel support, still deciding whether to resume the uptrend or break lower.The post Bitcoin Price Technical Analysis for 08/24/2016 – Channel Support Bounce or Break? appeared first on NEWSBTC. | Continue reading
The Chinese government, in an attempt to keep up with the rapidly changing tech scenario, has announced the creation of a Blockchain Working Group. Through this working group, the Dragon state intends to forge strategic alliances with digital currency technology related businesse … | Continue reading
A Bitcoin mining contract company has claimed that it is offering up to 300% returns on modest Bitcoin investments. Maximus Coin, as the company is titled, is bringing the aforementioned claim to reality through its two cloud mining plans. The first plan, as stated on the company … | Continue reading
“Come out here and give me back my name!” was the response of writer Salman Rushdie to Facebook, when he found out that the social network website had deactivated his account. The case goes back to 2011 when Rushdie took to Twitter to inform his followers how Facebook was literal … | Continue reading
The trading day has now come to an end out of Europe in the bitcoin price, and it’s time to publish the second of our twice daily bitcoin price watch analyses. Action has been pretty uninspiring throughout the day’s session, with very little movement to go at from a breakout pers … | Continue reading