Key Highlights Ethereum classic price traded down once again versus Bitcoin, but somehow managed to find bids at 0.0035BTC There is a crucial bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is preventing the upside break. The price is also … | Continue reading
Key Highlights Ethereum price after a minor correction against the US Dollar found buyers on the downside. Yesterday’s short-term bullish trend line highlighted on the hourly chart (data feed via SimpleFX) of ETH/USD acted as a perfect support area. On the upside, the pair is sti … | Continue reading
Bitcoin price is currently testing the rising trend line visible on its 1-hour time frames and could be ready to resume its climb.The post Bitcoin Price Technical Analysis for 08/09/2016 – Short-Term Uptrend Forming appeared first on NEWSBTC. | Continue reading
The new Blockchain-as-a-service platform, Stratis, will launch tomorrow 14 days after of the Initial Coin Offering period. The project gathered 915 Bitcoin (around $60k worth at the end of the ICO period) in exchange for 84 million STRAT tokens (85.7% of the 98 million total supp … | Continue reading
The Bitfinex security breach, which closely followed the hacking incidents faced by Shapeshift and Gatecoin has shaken the finance community. With so many financial institutions currently invested in blockchain technology, they fear that they may be next to face such security thr … | Continue reading
Notwithstanding the unresolved legal status of Bitcoin, the digital currency is developing at a rapid pace in the Indian markets. The latest push comes in the form of Unocoin, a Karnataka-based Bitcoin trading platform, which today announced the launch of its new mobile applicati … | Continue reading
This morning’s article was a bit of a speculative approach to the bitcoin price. We saw a bit of movement over the weekend, and had hoped that this movement might continue throughout the Monday session in Europe and – in turn – that we could get in for either a quick scalp profit … | Continue reading
Gatecoin, a digital currency exchange platform that went through a hacking incident a few months ago has decided to follow the footsteps of Bitfinex. The company has announced the commencement of operations, starting August 17, 2016. The Hong Kong-based exchange experienced a sec … | Continue reading
The status of Bitcoin in Australia has changed quite a few times over the past few years. The latest legislative proposal will see Bitcoin regulated stricter under the country’s regular AML and counter-terrorism financing laws. To put this into terms people can understand, the Au … | Continue reading
Malicious Bitcoin wallets on mobile devices are a bigger threat than most people give it credit for. Mainly the Apple App Store seems to be rather lenient towards these types of applications, as they appear to slip through the verification process without much problems. The lates … | Continue reading
At the end of last week, we noted that the bitcoin price had given us a pretty decent week from a trade perspective, and that it wouldn’t take too much volatility to get us in on a profitable close heading into the weekend. Things were pretty quiet over the weekend as it turned o … | Continue reading
Key Highlights Ethereum classic price continued to move down against Bitcoin, and my view of not investing in ETC proved correct. There is a new bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance for an upside move. … | Continue reading
Key Highlights Ethereum price traded with a positive tone against the US Dollar and continued to move higher. There is a short-term bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may continue to act as a support area. On the upside, the p … | Continue reading
Bitcoin price could be ready to resume its slide after it tests the nearby resistance around $610-620.The post Bitcoin Price Technical Analysis for 08/08/2016 – Bitcoin Bears Waiting… appeared first on NEWSBTC. | Continue reading
The ongoing competition between fiat based electronic payments and digital currency payments doesn’t have a winner yet. The credit and debit card based electronic payments systems score over Bitcoin payments when it comes to number of users and the rate at which transactions are … | Continue reading
It seems like Bitfinex has more to worry about than just the loss of 119,756 bitcoins to hackers. The platform recently announced that it will be generalizing the losses across all users. According to the exchange’s calculations, the generalized loss percentage is set at 36.067 p … | Continue reading
The Silk Road episode is back in the news. This time, Ross Ulbricht’s defense is questioning the fairness of the trial that led to his conviction. Ross’ defense team has appealed his sentence in the United States Court of Appeals for the Second Circuit. Filed by the Ross Ulbricht … | Continue reading
Ransomware developers are always one step ahead of security researchers these days. Not only in the way their software works, but also how they target potential victims. American businesses are seeing an influx in ransomware attacks all of a sudden. More particularly, company exe … | Continue reading
Although the Ethereum hard fork has taken care of the problems caused by The DAO hacker, not all of the funds has been secured just yet. As part of these withdrawals, there is also 7 million ETC stored in a Child DAO right now. If the so-called “white hat hackers’ of the DAO do n … | Continue reading
Bitcoin is the most used currency on the dark net. Dark net marketplaces continue to be one of the attractive places to procure illegal drugs and contraband. In addition to the usual fare, one can also buy zero-day exploits for the right price. As the use of technology continues … | Continue reading
Bitfinex, the recently compromised cryptocurrency exchange has confirmed that it will be generalizing the Bitcoin losses across all its customers. A generalized loss percentage of 36.067% will be borne by all Bitfinex users, states the company’s latest status update. The possibil … | Continue reading
Key Points Bitcoin price after recovering after hack losses against the US Dollar consolidated for some time and then moved higher. There was a major contracting triangle pattern formed on the hourly chart (data feed from SimpleFX) of BTC/USD, which was broken during the upside m … | Continue reading
Key Highlights Ethereum price remained in the bullish zone against the US Dollar, and traded with a positive sentiment. There is a bearish trend line formed on the 4-hours chart of the ETH/USD pair (data feed via SimpleFX), which is currently acting as a resistance. The price is … | Continue reading
Automated teller machines are far from secure devices, as they are often targeted by hackers and other criminals But in some countries, things get taken to the very next level. Several gang members in Scotland have been blowing up bank ATMs in Aberdeenshire. As a result, over 130 … | Continue reading
DECENT, a blockchain-based content distribution solution platform, announced the date of the DECENT token (DCT) sale: on September 10, investors will be able to purchase a share in the novel blockchain-based platform. According to the official website, DCTs will be used in the pu … | Continue reading
On paper, every user will receive an amount of BFXCoin which can be bought up by Bitfinex when they repay outstanding balances. | Continue reading
The recent incident with Bitcoin has got a lot of Bitcoin companies on high alert. Many digital currency companies have started to re-evaluate their security. Magnr, the Bitcoin savings and investment platform recently went through a similar exercise. Yesterday, Magnr suspended i … | Continue reading
As the new Megaupload 2.0’s launch date nears, Kim Dotcom has announced the inclusion of Bitcoin micropayments into the platform. The revival of Megaupload is currently set for January 20 next year, marking the anniversary of its predecessor’s forced closure by law enforcement ag … | Continue reading
In this morning’s analysis, we stated that we hoped for a bit of action during today’s session so we could get on short term volatility. We returned to our standard horizontal breakout strategy (as opposed to sticking with our technical pattern plays that we dabbled with on Wedne … | Continue reading
Usually, when you spin you do it for the jackpot. BetChain is upping the ante, bringing you a chance to score Olympic Gold together with the jackpots! As the competition is set to start in Rio, BetChain has decided to hold its own games so that you can get on that podium yourself … | Continue reading
Shapeshift has launched a new tool – Shapeshift Ethereum Splitter – that helps users split the Ethereum based cryptotokens: ETH and ETC. The Ethereum blockchain project had split into two following its hard fork last month. With Ethereum (ETH) continuing on a new fork, the origin … | Continue reading
So we’ve come to the end of the week, and it’s been an interesting one! We’ve had a couple of classical patterns, some intrarange action, and some nice breakout scalps. All of these things have given us opportunities to get in and out of the markets for a few good take profit hit … | Continue reading
The fintech industry is heating up in Australia as of late. Westpac is backing a second AU$50m startup fund for fintech startups in the country. The bank will do so in collaboration with Sydney-based VC firm Reinventure. The hunt for promising Australian fintech startups is in fu … | Continue reading
Key Highlights Ethereum classic price collapsed against Bitcoin, as I was thinking and traded as low as 0.0035BTC. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was cleared recently to ignite a recovery. A recovery in ETC may … | Continue reading
Key Highlights Ethereum price showed a lot of positive signs recently against the US Dollar and moved higher. There is currently a resistance trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is preventing further gains. The pair is above the 100 ho … | Continue reading
Colbitex, Colombia’s first Bitcoin exchange launched its platform in testnet mode on June 3, 2016. The service was working without any incidents for the past month, and on July 25 the exchange entered a beta phase, where real transactions took place. Colbitex’s Run Lasted 8 Days … | Continue reading
Bitcoin price could retrace to the $600 area of interest before resuming its drop to the recent lows.The post Bitcoin Price Technical Analysis – Pulling Up to $600? appeared first on NEWSBTC. | Continue reading
Since Bitfinex lost over $72 million worth of bitcoins in the recent security breach, the focus is now being turned towards its wallet provider as well. BitGo, the Palo Alto-based Bitcoin security firm is responsible for offering Bitcoin wallet services to the affected platform. … | Continue reading
Bitcoin Press Release: XMLGold offers the best deals in the market to its Bitcoin trading customers while offering the convenience of using multiple cryptocurrencies to carry out the trade. August 4, 2016 Belize City, Belize – XMLGold, part of the XML Corp is a leading cryptocurr … | Continue reading
Recently, Changelly had to stop exchanging Ethereum due to the hard fork. The rare event has resulted in Ethereum Classic, a new cryptocurrency running the old Ethereum blockchain. The new crypto was immediately added to the Changelly list of supported currencies. Changelly, a cr … | Continue reading
We’ve spent the last week or so wishing for some volatility in the bitcoin price, and today we finally got some during the European session. Having outlined a triangle pattern earlier this morning, we set up against both sides of the market with the intention of getting in on the … | Continue reading
Fintech and Bitcoin startup Bitspark, based in Hong Kong, has partnered with Vitaxel Group. As part of this new agreement, the Bitcoin company will start offering its remittance services in Malaysia over the coming weeks. This news comes on the heels of the Malaysian government d … | Continue reading
Following the security breach that shook the Bitcoin community, the victimized digital currency exchange BitFinex yesterday revealed the damages it faced. The exchange’s communication manager Zane Tackett reported on Reddit that BitFinex has lost around 119,756 BTC (~$72 million) … | Continue reading
Even though there has been a significant increase in mobile device usage among residents of India, mobile banking will not be coming anytime soon. The country has plans to improve financial inclusion through a new set of mobile banking services. Unfortunately for them, that proje … | Continue reading
August 3, 2016, New York – Vulture Capital, the cryptocurrency arm of Hedley Productions has recently announced the launch of its own Ethereum based VCAP cryptocurrency crowdsale. With this crowdsale, Vulture Capital is looking forward to produce the first feature film of its kin … | Continue reading
Yesterday morning, we outlined a triangle pattern that had formed in the bitcoin price, and discussed a trading strategy that would see us go at our intraday operations using this triangle as an entry guide. Specifically, if price broke through the parameters of the triangle to e … | Continue reading
Key Highlights Ethereum classic price after bouncing a couple of times against the US Dollar traded down. Yesterday’s highlighted bullish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken to open the doors for more losses. If the recent break is true, … | Continue reading
Key Highlights Ethereum price after a nasty decline against the US Dollar found buyers and started to move higher. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken to clear the way for a recovery. If the broken trend line … | Continue reading