Key Points Bitcoin price managed to gain strength this past week and traded close to the $432 area where it found offers. There is a bullish trend line on the 4-hours chart (data feed from Bitstamp) of BTC/USD, which may be seen as a support area if the price moves down. Buying d … | Continue reading
Key Highlights Ethereum price after a nasty decline against the US Dollar this past week found support near $7.00. ETH/USD recovered a few points before closing the week above the $8.00 resistance area. There was a bearish trend line formed on the 4-hours chart of Ethereum price … | Continue reading
Bitcoin users have no love lost for central bankers, and vice versa. Many central banks use rather unconventional monetary policy tools, which is causing friction within the banking sector itself. Something will have to change, as the advantages of Bitcoin and digital currency ov … | Continue reading
Bitcoin and digital currency offer many different use cases, although a lot of them still have to be discovered and explored. Custos Media Technologies is looking at Bitcoin as a way to combat piracy, especially in the film industry. Also read: Bitcoin Price Watch; One, Two and T … | Continue reading
Bitcoin and blockchain technology has changed the face of online end electronic payment systems. The use of blockchain technology, combined with crypto-tokens is not an alternative payment option anymore. It is getting to a point where it will soon be part of the mainstream, alon … | Continue reading
Anonymity and privacy are hard to come by in today’s version of the Internet. The governments and its cloak and dagger machinery have been keeping a constant watch on the usage of internet, even going through the communication between people. In such times, any form of communicat … | Continue reading
In this morning’s bitcoin price watch analysis, we suggested that we would like to see three things this by afternoon. First, a successful completion of our ongoing long trade. Second, a breakout on which we could get into a position, with the assumption being that this would be … | Continue reading
There is no denying European policymakers are keeping a very close eye on the blockchain ecosystem. So much even that a new trade body has been established, which goes by the name of EDCAB. Exciting times are ahead for blockchain innovation in Europe, assuming policymakers can ke … | Continue reading
A group of online hackers is using their sense-of-humor – and an indisputable love for Saw movie series – to rob people off their Bitcoin. The said group has launched a notorious ransomware attack on personal and private computer networks all across the world. Amusingly, the rans … | Continue reading
Encryption is a hot topic among digital currency enthusiasts, as it not only protects privacy but it is also a more secure method of dealing with various aspects of life. The new encryption bill draft by the Intelligence Committee has caused a lot of backlash, and understandably … | Continue reading
It’s been a strange week in the bitcoin price yet again. We’ve seen some technical patterns, some consolidation, and even – thankfully – some breakout action from which we’ve been able to place trades according to our intraday strategy. Unfortunately, it looks as through we might … | Continue reading
Key Highlights Ethereum price continued to trade with a bullish tone intraday and it looks like it may be setting up for a one more push up. There is a resistance trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be seen as the next target of ETH … | Continue reading
Bitcoin Price Key Highlights Bitcoin price is trending higher on short-term time frames but is still stuck in a consolidation pattern on the longer-term charts. Price is making its way back to the triangle resistance around $425. Technical indicators are giving mixed signals at t … | Continue reading
DDoS attacks take the top position in the list of threats faced by the online platforms. The Distributed Denial of Service attack is a method of cyber-attack where a website or a platform’s server is overloaded by request bombardment. These artificially generated requests general … | Continue reading
Bitcoin Press Release: With almost 5000 users, Bitcoin mining platform Bitminer.eu offers the markets easiest mining system. While still allowing access to cutting-edge technology, 99.9% up time and a generous referral program. Bitminer.eu enables users worldwide to mine Bitcoin … | Continue reading
There has been a lot of talk about Donald Trump and his plans to build a physical wall around Mexico. This plan would be set in motion to prevent remittance solutions originating in the US, and coerce the Mexican government into paying for this wall in the end. But Bitcoin will q … | Continue reading
In this morning’s bitcoin price watch article, we highlighted the range we were focusing on for the early European session. It was a pretty tight range, so we said we’d be looking at trading breakout only, as opposed to breakout and intrarange. This is because its difficult apply … | Continue reading
Shapeshift.io, the cryptocurrency exchange was recently faced with a security breach, forcing it to temporarily suspend its operations. The security breach on April 7, 2016, had compromised the platform’s server infrastructure which threatened the fate of future transactions on i … | Continue reading
A recent Bank of America Merchant Services report has touched upon the subject of Bitcoin as one of the disruptersin the payment processing ecosystem. Quite an interesting announcement, considering the plan is to expand Bank of America Merchant Services to Europe later this year. … | Continue reading
Yesterday, as a result of overnight trading on Tuesday, a double top gave us a medium term bearish bias in the bitcoin price. The pattern completed mid afternoon, and we were able to enter short according to the pattern’s traditional rules on a neck breaking. Post-entry, price in … | Continue reading
Bitcoin Press Release: CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts. CEX.IO users are now able to buy and sell ETH for Bitcoins and US Dollars. April 13th, 2016, — Following trends, CEX.IO has expa … | Continue reading
Key Highlights Ethereum price tested an important support area of $7.00 as forecasted yesterday, where it found buyers. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which the bulls are attempting to break. A beak above the trend line … | Continue reading
Bitcoin Price Key Highlights Bitcoin price is still moving inside the short-term channel but it looks like resistance held, as predicted in the previous update. With that, bitcoin could make its way back to the bottom of both the long-term and short-term channels near $420. Techn … | Continue reading
Standards Australia has called for the creation of global standards for blockchain solutions, submits proposal to ISO. Read more... | Continue reading
Dragon’s Tale is the most popular Casino Role Play Game in the digital currency ecosystem. It is home of hundreds of skill and luck casino-based minigames you won’t easily find anywhere. The game is a complete mix of a role play game with an original casino game style where play … | Continue reading
Let’s kick things off with a chart. The chart below shows the action we saw in the bitcoin price overnight, and the action that has taken place since we published the first of our twice daily bitcoin price watch articles this morning. It’s got the framework we applied to our firs … | Continue reading
Now that the Bitcoin experiment held by the MMM Global company is coming to an end, there is a massive outpouring of user opinions on how this platform operated. As was to be expected, some people are happy with their experience, whereas others have lost a lot of funds. Especiall … | Continue reading
Opinions are dime a dozen, as everyone has at least one and sometimes more than one. There is nothing different when it comes to the subject of bitcoin either. There are many conflicting opinions about the digital currency which are casually being tossed, even by those who have n … | Continue reading
Many people are actively wondering what it will take for Bitcoin adoption to reach critical mass over the coming years. Over in Nigeria, Bitcoin interest is growing on a daily basis, as the oil bust is dragging this emerging market down. Trillions of USD in untapped crude oil is … | Continue reading
Sometimes it can be difficult to transfer what would be a traditional charting pattern in another, more commonly traded financial asset, to the bitcoin space. The ebbs and flows on the narrower timeframes are a lot more volatile based on the thin (relative) liquidity, and this cr … | Continue reading
Key Highlights Ethereum price traded down once again and my view of selling ETH/USD worked perfectly. I forecasted a retest of $7.36 yesterday, and the price did move down and even created a new low of $7.13. Yesterday’s highlighted bearish trend line on the hourly chart (data fe … | Continue reading
Bitcoin Price Key Highlights Volatility seems to have calmed down for bitcoin price once more, as it is currently stalling around the mid-channel area of interest seen on longer-term time frames. Zooming in to the 1-hour chart shows that bitcoin is moving inside a short-term chan … | Continue reading
Coinalytics, the blockchain analytics and intelligence company has now started to call itself Skry. The company started in Palo Alto, California by the trio- William Gleim, Fabio Federici, and James Edwards has made its name change public in a recent press release. The company ha … | Continue reading
Money Partners Group, one of the Japan’s leading forex brokerage firms, has taken its first steps into the Bitcoin industry following an investment into Kraken. The Tokyo-based company, which reportedly holds a market cap of over $USD260 million, confirmed its plans to further it … | Continue reading
The financial sector will be among the first to experience the power of blockchain technology over the coming years. Various projects are already underway, and it looks like MUFG is working on a Promissory Notes project with blockchain infrastructure provider Chain. Also read: Us … | Continue reading
In the first of today’s bitcoin price watch analyses, published this morning, we noted that the levels we were watching – i.e. those that would define the range for today’s morning session, had widened a little, and that as a result, we were able to bring our intrarange strategy … | Continue reading
Blockchain technology can be used for many different things, even though most people automatically associate this concept with the financial world. But by the look of things, individual French educational institutions are looking at the blockchain as a way to authenticate the uni … | Continue reading
What is that one thing which always holds true for Ponzi schemes? They all have to close down, and at least some of the investors have to lose money. Now the same seems to be happening with the alleged Ponzi scheme – MMM. The Sergey Mavrodi‘s brainchild yesterday announced that i … | Continue reading
It’s the start of the European morning session, and finally, the bitcoin price has given us some action worth trading. The last few days have been relatively flat, with price either trading sideways or breaking out but returning to trade within range pretty much instantly – essen … | Continue reading
Key Highlights Ethereum price after trading as low as $7.36 corrected higher, but failed to break a major resistance area of $9.00. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which acted as a barrier for an upside break. As long as … | Continue reading
Bitcoin Price Key Highlights Bitcoin price has been trending higher but hasn’t exhibited much volatility in a while. Bullish pressure surged recently, giving BTCUSD increased momentum to test the mid-channel area of interest and possibly go for a rally towards the channel resista … | Continue reading
The application of Bitcoin technology has gone a long way since its introduction to the world in 2009. Now it has reached a new milestone as it gets implemented in the energy sector. Recently, a New York-based startup, Transactive Grid introduced blockchain enabled microgrid enab … | Continue reading
Trading has been one of the major applications of bitcoin. The price volatility of cryptocurrencies has been exploited by day-traders across the world. As the amount of funds circulating through bitcoin trading increase, the practice is now being scrutinized by governments. In th … | Continue reading
Before we get going on this evening’s bitcoin price analysis, take a quick look at the chart below. It’s a fifteen-minute candlestick chart that shows the action seen in the bitcoin price over the weekend, and this morning, with today’s framework overlaid. As the chart shows, the … | Continue reading
The concept of digital currency is attracting a lot of interest all over the world, as it can be used in a variety of ways. The Clean India Mission has announced some interesting tidbits of information, including rewarding recyclable waste item deposits with a digital value token … | Continue reading
Bitcoin and Fintech are two areas where regulation will play a major role in the coming years. The Australian Securities and Investments Commission has reached out to the Monetary Authority of Singapore to make sure regulatory measures do not hinder the growth for Fintech and Bit … | Continue reading
We are right at the beginning of a fresh week’s worth of trading in the bitcoin price, and it’s looking like we might get some interesting action going forward. Volume was pretty low across the weekend, but we still saw some volatility, and were able to get in and out of the mark … | Continue reading
Key Highlights Ethereum price moved sharply down this past week and my forecasted target of the $8.0 level was tested. I was looking for a target of $8.00 for a suggested sell trade, which was achieved successfully. There are a couple of bearish trend lines formed on the hourly c … | Continue reading